In 2022, the market for offshore wind turbines was estimated to be worth USD 5842.8 million.
The market for offshore wind turbines is anticipated to increase at a CAGR of 20.80% from 2023 to 2030, reaching USD 26494.54 million in 2030.
Fixed bottom turbines are the most popular category of wind turbine types.
Gigawatt-class turbines, by capacity range, are the notable segment.
The rotor blades category is anticipated to exhibit the highest CAGR during the projection period.