Thailand Offshore Wind Turbine Market Size & Outlook
The offshore wind turbine market in Thailand is expected to reach a projected revenue of US$ 137.7 million by 2033. A compound annual growth rate of 32.36% is expected of Thailand offshore wind turbine market from 2026 to 2033.
Revenue, 2025 (US$M)
$13.6
Estimate, 2026 (US$M)
$19.3
Forecast, 2033 (US$M)
$137.7
CAGR, 2026 - 2033
32.4%
Global Market
Related Markets
Thailand offshore wind turbine market highlights
- The Thailand offshore wind turbine market generated a revenue of USD 13.6 million in 2025 and is expected to reach USD 137.7 million by 2033.
- The Thailand market is expected to grow at a CAGR of 32.36% from 2026 to 2033.
- In terms of segment, 3 mw to 5 mw was the largest revenue generating capacity in 2025.
- Above 5 MW is the most lucrative capacity segment registering the fastest growth during the forecast period.
Offshore wind turbine market data book summary
| Market revenue in 2025 | USD 13.6 million |
| Market revenue in 2033 | USD 137.7 million |
| Growth rate | 32.36% (CAGR from 2026 to 2033) |
| Largest segment | 3 mw to 5 mw |
| Fastest growing segment | Above 5 MW |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 3 MW to 5 MW, Above 5 MW, Up to 3 MW |
| Key market players worldwide | General Electric, Equinor ASA, Iberdrola SA, Mitsubishi Heavy Industries Ltd, Goldwind, Naval Group, Nordex SE ADR, Siemens, ABB Ltd, Modec |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.1% of the global offshore wind turbine market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China offshore wind turbine market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 578.2 million by 2033.
No credit card required*
Publish Date: Jul 24, 2026
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Offshore Wind Turbine Market Scope
Offshore Wind Turbine Market segmentation & scope
Offshore Wind Turbine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Mitsubishi Heavy Industries Ltd | View profile | 86,331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | www.mhi.com |
| Iberdrola SA | View profile | 41,384 | Plaza Euskadi Number 5, Biscay, Bilbao, Spain, 48009 | www.iberdrola.com |
| Nordex SE ADR | View profile | 9,345 | Langenhorner Chaussee 600, Hamburg, Germany, 22419 | www.nordex-online.com |
| Equinor ASA | View profile | 24,467 | Forusbeen 50, Stavanger, Norway, N-4035 | www.equinor.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | www.ge.com |
| Siemens | View profile | 10001+ | Munich, Bayern, Germany, Europe | www.siemens.com |
| Goldwind | View profile | 1001-5000 | Beijing, Beijing, China, Asia | www.goldwindglobal.com/ |
| Naval Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.naval-group.com |
| Modec | View profile | 11-50 | Beaumont-lès-valence, Rhone-Alpes, France, Europe | www.modec.fr/ |
Thailand Offshore Wind Turbine 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 Turbine Market Outlook will help companies and investors design strategic landscapes.
3 Mw To 5 Mw was the largest segment with a revenue share of 60.29% in 2025.
Horizon Databook has segmented the Thailand offshore wind turbine market based on 3 mw to 5 mw, above 5 mw, up to 3 mw covering the revenue growth of each sub-segment from 2021 to 2033.
- Thailand Offshore Wind Turbine Market Capacity Outlook (Revenue, USD Million , 2021-2033)
- Up to 3 MW
- 3 MW to 5 MW
- Above 5 MW
- Thailand Offshore Wind Turbine Market Water Depth Outlook (Revenue, USD Million , 2021-2033)
- Shallow Water (<30 M Depth)
- Transitional Water (30-60 M Depth)
- Deepwater (More than 60 M Depth)
Reasons to subscribe to Offshore Wind Turbine Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Offshore Wind Turbine Market Outlook databook
- Our clientele includes a mix of Offshore Wind Turbine Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand Offshore Wind Turbine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Offshore Wind Turbine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Thailand Offshore Wind Turbine Market, 2021-2033 (US$M)
Thailand offshore wind turbine market statistics, by capacity, 2021-2033 (US$M)
