Offshore Wind Installation Forecast Report

Learn about the sector’s key trends, challenges, and opportunities, with a particular focus on vessel supply and demand dynamics. It is focused on the global bottom-fixed offshore wind installation market outside of China.

The complete forecast report is available only to our customers. Get a sample and a free product tour by filling the contact form.

Contact us about this report
Offshore wind installation forecast report Spinergie

109 GW to be installed by 2030, just two-thirds of the planned capacity

By 2030, from a 174 GW pipeline, 109 GW will likely be installed, potentially reaching 120 GW with a stronger vessel supply and leaving out 55 GW that will not find installation vessels under the current outlook.

By 2035, installed capacity is expected to hit 207 GW, or 68% of the announced bottom-fixed pipeline, reflecting a significant but challenging expansion in offshore wind farms.

Bigger turbines are coming, despite uncertainty

The 15 MW turbine segment is set to dominate the offshore wind market later this decade, as smaller turbines (11 MW and below) experience a generational fadeout.

The wind turbine industry faces pressures, with soaring costs and geopolitical uncertainty, with China's emerging role through its development of 16 to 22 MW turbines. Despite challenges, developers are driving a shift towards larger turbines.

Heavy-lift vessel demand is over-concentrated around 2030

By 2030, from a 174 GW pipeline, 109 GW will likely be installed, potentially reaching 120 GW with a stronger vessel supply and leaving out 55 GW that will not find installation vessels under the current outlook.

By 2035, installed capacity is expected to hit 207 GW, or 68% of the announced bottom-fixed pipeline, reflecting a significant but challenging expansion in offshore wind farms.

Interested in getting the report?

This is a paid report.

Fill in the form to discuss access to the complete report.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.