Global Offshore Wind Market Report: Forecast and Analysis

The comprehensive market analysis, ordered by the three organisations Renewables Norway, Offshore Norway, and The Federation of Norwegian Industries, has been conducted in collaboration with ERM, Brinckmann and Norwegian Energy Partners (“NORWEP”).

- This report shows several challenges while scaling up the offshore wind supply chain globally, but also great opportunities, for Norway as well as other countries.  It also shows that we have a way to go preparing a supply chain for serial manufacturing of floating offshore wind. In a Norwegian context, we need a discussion on how our supply industry can capitalise on the need for more industry capacity in offshore wind, especially floating. says Jon Evang, director Offshore Wind in Renewables Norway.

The report forecasts from 2023 to 2033 of the Offshore Wind industry. Key insights include:

  • Potential offshore wind market size to 2033 broken down by foundation technology type and number of turbines
  • Global turbine supply capacity, turbine demand and evaluation of turbine sizes
  • Fixed and floating foundation fabrication capabilities and foundation demand
  • Export cable suppliers, supplier capacities and export cable demand
  • Foundation and turbine installation vessel capabilities and vessel demand.

"The comprehensive market report is available to the public. We kindly request that you acknowledge the relevant organizations and cite the report if you choose to utilize its insights."