Asia Pacific Offshore Wind Market Size & Outlook, 2025-2030
The offshore wind market in Asia Pacific is expected to reach a projected revenue of US$ 18,212.5 million by 2030. A compound annual growth rate of 9.1% is expected of Asia Pacific offshore wind market from 2025 to 2030.
- Energy & Power
- Power Generation
- Offshore Wind Market Outlook
- Power Generation
Revenue, 2024 (US$M)
$11,100.8
Forecast, 2030 (US$M)
$18,212.5
CAGR, 2025 - 2030
9.1%
Report Coverage
Asia Pacific
Asia Pacific Offshore Wind Market, 2020-2030 (US$M)
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Asia Pacific offshore wind market highlights
- The Asia Pacific offshore wind market generated a revenue of USD 11,100.8 million in 2024.
- The market is expected to grow at a CAGR of 9.1% from 2025 to 2030.
- In terms of segment, fixed structure was the largest revenue generating installation in 2024.
- Fixed Structure is the most lucrative installation segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2024 | USD 11,100.8 million |
| Market revenue in 2030 | USD 18,212.5 million |
| Growth rate | 9.1% (CAGR from 2025 to 2030) |
| Largest segment | Fixed structure |
| Fastest growing segment | Fixed Structure |
| Historical data covered | 2020 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Structure |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.8% of the global offshore wind market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,212.5 million by 2030.
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Publish Date: Jun 02, 2025
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Offshore Wind Market Scope
Offshore Wind Market segmentation & scope
Capacity
Up to 3 MW
3 MW to 5 MW
Above 5 MW
Water Depth
Shallow Water (<30 M Depth)
Transitional Water (30-60 M Depth)
Deepwater (More than 60 M Depth)
Offshore Wind Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| Hyundai Motor Co | View profile | 73,502 | 12, Heolleung-ro, Seocho-Gu, Seoul, Korea, Republic of | www.hyundai.com |
| Nordex SE ADR | View profile | 9,345 | Langenhorner Chaussee 600, Hamburg, Germany, 22419 | www.nordex-online.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | www.ge.com |
| Siemens Gamesa Renewable Energy | View profile | 10001+ | Zamudio, Pais Vasco, Spain, Europe | www.siemensgamesa.com/en-int |
| Rockwell Automation | View profile | 10001+ | Milwaukee, Wisconsin, United States, North America | www.rockwellautomation.com/ |
| Vestas | View profile | 10001+ | Aarhus, Midtjylland, Denmark, Europe | www.vestas.com |
| Shanghai Electric Group Corp | View profile | 10001+ | Shanghai, Shanghai, China, Asia | www.shanghai-electric.com |
| Windey | View profile | 1001-5000 | Hangzhou, Zhejiang, China, Asia | www.windeyenergy.com |
Asia Pacific Offshore Wind Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Offshore Wind Market Outlook will help companies and investors design strategic landscapes.
Fixed Structure was the largest segment with a revenue share of 105.94% in 2024.
Horizon Databook has segmented the Asia Pacific offshore wind market based on fixed structure covering the revenue growth of each sub-segment from 2020 to 2030.
- Asia Pacific Offshore Wind Market Installation Outlook (Revenue, USD Million , 2020-2030)
- Fixed Structure
- Floating Structure
- Asia Pacific Offshore Wind Market Capacity Outlook (Revenue, USD Million , 2020-2030)
- Up to 3 MW
- 3 MW to 5 MW
- Above 5 MW
- Asia Pacific Offshore Wind Market Water Depth Outlook (Revenue, USD Million , 2020-2030)
- Shallow Water (<30 M Depth)
- Transitional Water (30-60 M Depth)
- Deepwater (More than 60 M Depth)
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Offshore Wind Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Offshore Wind Market Outlook from 2020 to 2030, including revenue numbers, major trends, and company profiles.