Brooklyn, New York, Jan. 23, 2023 (GLOBE NEWSWIRE) -- According to a new market research report published by Global Market Estimates, the Global Offshore Wind Turbines Market is projected to grow at a CAGR of 8.2% from 2023 to 2028.

The market is anticipated to grow during the forecast period because it can meet the world's electricity needs and can produce more energy in the ocean. This growth is likely to be fueled by the rising popularity of renewable energy sources in power generation. Offshore wind power ranks second in terms of electricity production among renewable energy sources.

Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on “Offshore Wind Turbines Market - Forecast to 2028’’

Key Market Insights

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By Foundation Type Outlook (Revenue, USD Billion, 2023-2028)

By Location Proximity Outlook (Revenue, USD Billion, 2023-2028)

By Regional Outlook (Revenue, USD Billion, 2023-2028)

North America        

Europe

Asia Pacific

Central & South America

Middle East & Africa

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