Be A Pioneer In The Offshore Wind Power Market Industry. Here's What You'll Need.




The global offshore wind power market is expected to grow at a CAGR of 17.57% during the forecast period. Based on structure type, the global offshore wind power market has been segmented into monopile, jacket, and others. 

The monopiles runs down into the seabed. The penetration of the monopile can be adjusted based on the seabed and environmental conditions. Monopile is the most used foundation structure in the global offshore wind power market, owing to its ease of installation in shallow-to-medium water depths ranging from 0 to 98.42 feet. There are several variations of monopiles such as drilled monopiles and drilled concrete monopiles. 

There is no proven solution for the use of monopiles with large turbines with a capacity of 5 MW or more. To overcome the limitations, several technological developments are being undertaken. Hence, owing to the advantages of monopile structures, technological advances, and the rapid deployment of monopile structures across the world due to the presence of prominent vendors with requisite technological expertise, the global offshore wind power market is expected to grow significantly during the forecast period. 

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Location: United States

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