Home › News Updates › Know how Offshore Wind Market is Experiencing Winds of Change with MnM’s Analysis featured in Windpower Engineering & Development

Windpower Engineering & Development recently featured an article on offshore wind market studied by MarketsandMarkets, offering their perspective on the global market scenario.

The wind industry has been experiencing winds of change, with the offshore wind gaining impedance because of its availability in abundance. The growing demand for clean energy for cutting down carbon emissions and protecting the environment through renewable energy resources has given rise to the number of offshore wind farms, especially in Europe. The global market for offshore winds is expected to witness a high growth of 15.32% between 2017 and 2022, reaching a value of $55.11 Billion by 2022.

For More Details:

http://www.windpowerengineering.com/offshore-wind/data-research-firm-marketsandmarkets-answers-wind-industry-questions/

Report mentioned in the above news is,

Offshore Wind Market by Component (Turbine, Substructure, and Electrical Infrastructure), Turbine Module, Substructure Type, Location (Shallow Water, Transitional Water, and Deep Water), and Region - Global Forecast to 2022

Press Release:

http://www.marketsandmarkets.com/PressReleases/offshore-wind.asp

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