Offshore Wind Energy Market to Grow at 25.47% CAGR during 2016-2021 Apr 2017 | Page 2

Global Offshore Wind Energy Market – Analysis By Region, By Country: Opportunities and Forecast (2016-2021) According to report titled, “Global Offshore Wind Energy Market: Analysis By Region, By Country: Opportunities and Forecast (2016-2021)”, Over the recent years, the global offshore wind energy industry has been growing rapidly as the global total installed capacity has been witnessing rapid growth. Globally, the growth in the offshore wind energy market is driven by increasing demand of clean energy, larger coastal regions, abundant resource of energy and low cost from the other technology like nuclear plant and coal plants. Among the regions, North America is predicted to advance at the highest rate, mainly driven by government subsidies, financial support from European banks and wind energy associations. Among the countries, Germany in Europe and South Korea in Asia are predicted to advance at the highest rate driven by higher investments by native companies and government subsidies. Global Offshore Wind Energy Market is projected to display a robust growth represented by a CAGR of 25.47% during 2016 – 2021, chiefly driven by increasing demand of clean energy, government’s regulatory frameworks and advancements in new technologies. Access Complete Report at http://www.reportsnreports.com/reports/961836-global-offshore-wind- energy-market-analysis-by-region-by-country-opportunities-and-forecast-2016-2021-by-region-north- america-europe-apac-row-by-country-us-canada-germany-uk-sweden-netherlan-a-brazil.html. Order this report by calling [phone] or Send an email to [email protected] with your contact details and questions if any. © ReportsnReports.com / Contact [email protected] 2