Offshore Wind Power Market to Exhibit a CAGR 19.2% by 2026 to Reach a Capacity of 94 GW by 2026
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Leading Companies in the global offshore wind power market are Siemens Gamesa Renewable Energy S.A., MHI Vestas Offshore Wind, Senvion S.A., Adwen, ABB Ltd., General Electric, Ming Yang Smart Energy Group Co., Nordex SE, Goldwind, Envision Energy, Suzlon Energy Limited, Hitachi Ltd.
/EIN News/ Pune, India, July 19, 2021 (GLOBE NEWSWIRE) The global
offshore wind power market size is anticipated to reach a capacity of approximately
94 GW by 2026, exhibiting a
CAGR of 19.2% during the forecast period. The growth is primarily attributable to the rising investments in wind power projects. Favorable government policies are also complementing the market growth. Fortune Business Insights™ has presented this information in their report titled, “Offshore Wind Power Market, 2019-2026”. The market size stood at 23 GW in 2018.
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