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According to GlobalData, a leading data and analytics company, the global wind turbine base market was valued at $5.
7 billion in 2017 and is expected to grow to $7.
2 billion
by 2022.
The global onshore base market is expected to reach $3.
05 billion in 2022, while the offshore pedestal market is estimated to be worth $4.
16 billion
.
The global wind turbine base market will reach $7.
2 billion by 2022
The latest report shows that projects in most countries are currently installed with monopiles, sheaths and tripod bases
.
However, after some successful prototypes, more commercial development
is expected for offshore wind turbines with floating bases.
While multiple floating offshore wind concepts exist, two designs are best known
, HyWind and Windfloat.
"From 2012 to 2017, the global wind power market grew significantly, with cumulative wind power installed capacity increasing from 284 GW in 2012 to 546 GW
in 2017.
" Subha Krishnan, senior analyst at GlobalData, said: "There is a lot of potential
for offshore wind facilities.
Offshore wind capacity is estimated to be seven times Europe's energy demand and four times
the demand of the United States.
”
Innovative technologies, offshore wind policy support in some countries, national targets, growing investor confidence, and the introduction and deployment of large turbines to reduce costs are key drivers of global offshore wind development
.
Annual installed capacity of wind power in various countries in 2017
GlobalData's report also found that China had the largest annual installed wind capacity in the global market in 2017
.
This is followed by the United States, Germany, the United Kingdom and India
.
China ranks first and now accounts for more than one-third of the world's cumulative wind power capacity, reaching 188 GW
at the end of 2017.
China added more than 125 GW of hyperscale wind capacity between 2012-2017 and is expected to add another 92 GW during the forecast period 2018-2022, with annual installations approaching 18.
4 GW
.
，
According to GlobalData, a leading data and analytics company, the global wind turbine base market was valued at $5.
7 billion in 2017 and is expected to grow to $7.
2 billion
by 2022.
The global onshore base market is expected to reach $3.
05 billion in 2022, while the offshore pedestal market is estimated to be worth $4.
16 billion
.
The global wind turbine base market will reach $7.
2 billion by 2022
2 billion by 2022
The latest report shows that projects in most countries are currently installed with monopiles, sheaths and tripod bases
.
However, after some successful prototypes, more commercial development
is expected for offshore wind turbines with floating bases.
While multiple floating offshore wind concepts exist, two designs are best known
, HyWind and Windfloat.
"From 2012 to 2017, the global wind power market grew significantly, with cumulative wind power installed capacity increasing from 284 GW in 2012 to 546 GW
in 2017.
" Subha Krishnan, senior analyst at GlobalData, said: "There is a lot of potential
for offshore wind facilities.
Offshore wind capacity is estimated to be seven times Europe's energy demand and four times
the demand of the United States.
”
Innovative technologies, offshore wind policy support in some countries, national targets, growing investor confidence, and the introduction and deployment of large turbines to reduce costs are key drivers of global offshore wind development
.
Annual installed capacity of wind power in various countries in 2017
Annual installed capacity of wind power in various countries in 2017GlobalData's report also found that China had the largest annual installed wind capacity in the global market in 2017
.
This is followed by the United States, Germany, the United Kingdom and India
.
China ranks first and now accounts for more than one-third of the world's cumulative wind power capacity, reaching 188 GW
at the end of 2017.
China added more than 125 GW of hyperscale wind capacity between 2012-2017 and is expected to add another 92 GW during the forecast period 2018-2022, with annual installations approaching 18.
4 GW
.
，
