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Global CAGR offshore wind energy market by region 2018-2023

Compound annual growth rate (CAGR) of the offshore wind energy market worldwide between 2018 and 2023, by region*

by T. Wang, last edited Nov 26, 2018
Global CAGR offshore wind energy market by region 2018-2023 This statistic depicts forecasted figures of the compound annual growth rate (CAGR) of the offshore wind energy market worldwide by region, between 2018 and 2023. In that period, it is expected that the European offshore wind energy market's CAGR would reach 15.4 percent. Countries such as Germany, the Netherlands, and the United Kingdom are at the front of the offshore energy market due to increasing technical expertise, strong research, and development institutions and an increase of renewable energies in the power generation mix.
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Compound annual growth rate (CAGR) of the offshore wind energy market worldwide between 2018 and 2023, by region*

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Statistics on "Offshore wind power globally"
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