Offshore wind tower dynamics 2022: EUR 3 billion of investments in new offshore wind tower facilities needed to meet 2030 demand

The global offshore wind tower market is facing seismic changes driven by rapidly accelerating demand of continually larger components, bringing a wealth of opportunities for new and existing players alike. This report covers market size by region from 2015 to 2031 across several key metrics (such as number of towers, sections, tonnes of steel and global spend), covering technology trends and the impact that continually larger turbines have on the number of sections and weights of the towers. Market shares of offshore tower suppliers - including order backlog – are provided, with discussion on how they are positioning themselves for the future market through analysis into suppliers' production footprint.