Global market valuation was derived through capacity installation mapping and revenue analysis across the value chain. The methodology included:
Identification of 60+ key stakeholders across turbine OEMs, foundation suppliers, cable manufacturers, installation vessel operators, and project developers in North America, Europe, Asia-Pacific, and emerging markets
Technology mapping across turbine capacity segments (Up to 3 MW, 3-6 MW, 6-10 MW, Above 10 MW), water depth categories (Shallow, Transitional, Deep), foundation types (Monopile, Jacket, Tripile, Gravity-based), voltage levels (33 kV through 400 kV), and grid connection configurations
Analysis of reported and modeled annual revenues specific to offshore wind portfolios, including turbine supply, foundation fabrication, offshore installation, and O&M services
Coverage of manufacturers and developers representing 75-80% of global installed capacity and pipeline projects as of 2024
Extrapolation using bottom-up (installed capacity × CapEx/OpEx by country and water depth) and top-down (developer and OEM revenue validation) approaches to derive segment-specific valuations, incorporating capacity factor variations, foundation cost differentials by depth, and grid connection infrastructure investments