Report on 2016 Global WTIV Market Published

MarketReseachReports.biz informed that it had added QYResearch’s Global Offshore Wind Turbine Installation Vessel Consumption 2016 Market Research Report to its research reports repository.

The report looks into the various aspects that will increase the utilization of these vessels for wind energy generation globally in 2016, and analyzes the steady growth trajectory exhibited by the offshore wind power market across the world.

Currently, the regions of northern Europe, which include the North, Irish, and Baltic Seas, and the English Channel are the base for 91% of the world’s offshore wind power operations, the authors said.

In the Northern European region, the wind farm installation fleet is predominantly located in the North Sea, with a handful of wind farms of small production capacity located outside Europe. The new type of installation vessels require fewer mechanical functions and are equipped with jack-up self-propelled barges, whereas traditional offshore wind farms are installed using crane barges.

The 173-page report on the consumption of offshore wind turbine installation vessels provides a basic overview of the WTIV industry, and states the global Offshore Wind WTIV market size (volume and value). The market analysis is provided for major regions including USA, Europe, China and Japan, and the report focuses on global major leading industry players. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.