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Offshore Wind Energy Market: Project Development, Floating Technology, and Global Supply Chain Forecast (2025?2035)
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Published Date: October, 2024
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Report ID: Trend06112546
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Format: Electronic (PDF)
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Number of Pages: 55
Report Overview
Offshore wind energy is entering its most ambitious decade yet, with global capacity targets necessitating a massive scaling of both hardware and supply chain infrastructure. This report provides a strategic outlook through 2035, highlighting the shift from shallow-water fixed-bottom installations to deepwater floating technology. As the best near-shore sites are occupied, floating platforms are becoming the next frontier, allowing developers to harness high-velocity winds further out at sea. We analyze the technical evolution of turbines, which are now exceeding 18MW in nameplate capacity, requiring a complete redesign of installation vessels and port facilities. The narrative details the supply chain squeeze as multiple regions compete for specialized steel and subsea cables simultaneously. We also examine the geopolitical dynamics of the blue economy, where nations are racing to establish themselves as regional hubs for blade manufacturing and foundation assembly. By 2035, offshore wind will not just be a power source but a central component of green hydrogen production clusters.
Table of Contents
1. Capacity Targets; 2. Fixed-Bottom vs Floating; 3. Turbine Upscaling; 4. Subsea Grid; 5. Regional Hubs; 6. 2035 Roadmap.