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The global Offshore Wind Energy Market size is segmented on the basis of product type, application, and region. On the basis of product type, the global market size is classified into gravity caisson foundation, single pile foundation, tripod foundation. On the basis of application, the global market size is classified into commercial use, industrial, household, and others. Geographically, the global market size is classified into North America, Europe, China, Japan, and Southeast Asia, India.
Europe is presently the largest market size for offshore wind energy since it is the only region that has made significant investments in the field. Europe is expected to remain dominant over the forecast period. Implementation of numerous favorable initiatives such as the Electricity Market Reform Package and the new Energy Act, the England has developed as the most prominent offshore wind energy market size in Europe. Asia Pacific market is growing at fastest pace. However, China is currently the only country with a separate target allotment when it comes to offshore wind energy installations. The key players are Donghai Bridge, Suizhong Offshore Wind Energy, Changdao Offshore Wind Energy, Weihai Offshore Wind Farm, ZhoushanDaishan Offshore Wind Farm, Nantong Offshore Wind Farm, Cangzhou Offshore Wind Farm, NanAo Offshore Wind Farm, Cixi Offshore Wind Farm, and Zhangzhou Liu Ao Offshore Wind Farm.
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