China Offshore Wind Market

ID: MRFR/E&P/46962-HCR

200 Pages

Chitranshi Jaiswal

September 2025

China Offshore Wind Market Research Report By Technology (Floating Turbines, Fixed Bottom Turbines, Hybrid Systems), By Installation Type (Installed Capacity, Grid Connected, Non-Grid Connected), By Turbine Size (Small Scale, Medium Scale, Large Scale) and By Application (Energy Generation, Desalination, Aquaculture)-Forecast to 2035

China Offshore Wind Market Research Report-Forecast to 2035 Infographic

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Table of Contents

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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China Offshore Wind Market Summary

The China Offshore Wind market is projected to grow from 4.25 USD Billion in 2024 to 10 USD Billion by 2035, reflecting a robust growth trajectory.

Key Market Trends & Highlights

China Offshore Wind Key Trends and Highlights

The market is expected to expand at a compound annual growth rate of 8.09 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 10 USD Billion, indicating substantial investment opportunities.
In 2024, the market is valued at 4.25 USD Billion, highlighting its current economic significance.
Growing adoption of renewable energy technologies due to increasing environmental concerns is a major market driver.

China Offshore Wind Market

CAGR

8.09%

Market Size & Forecast

2024 Market Size	4.25 (USD Billion)
2035 Market Size	10 (USD Billion)
CAGR (2025-2035)	8.09%
Largest Regional Market Share in 2024	latin_america)

Major Players

Shanghai Electric Group, China General Nuclear Power Corporation, Goldwind Science and Technology, State Power Investment Corporation, China National Offshore Oil Corporation, Envision Energy, Siemens Gamesa Renewable Energy, Nordex, Vestas Wind Systems, Dongfang Electric Corporation, China Three Gorges Corporation, Longyuan Power Group Corporation, China Energy Investment Corporation, General Electric Renewable Energy

China Offshore Wind Market Trends

China is witnessing significant developments in the offshore wind market, driven by strong government support and a commitment to renewable energy. The Chinese government continues to set ambitious targets for renewable energy generation, aiming for a substantial increase in offshore wind capacity as part of its larger strategy to reduce carbon emissions and promote sustainable energy sources. This push is supported by various policies and financial incentives that encourage investment and development in the offshore wind sector.

Opportunities to be explored in China’s offshore wind market are vast, as coastal provinces are increasingly seeking to harness wind power due to their geographical advantages. The possibilities for local employment and innovation are maximized with the economic impact of local businesses assembling wind turbines and affiliated parts. Recently, it has become commonplace for companies to partner with municipalities in order to construct large offshore facilities, pooling their resources and knowledge as they collaborate on the initiative. There is a definitive surge in offshore wind project activity as well as growth in China, with additional units concentrating on scaling construction.

There is a clear transition to using more efficient and powerful large turbine models, and floating wind technology is also advancing into new potential development regions.

Moreover, the integration of offshore wind power into the national grid is being prioritized, with investments in grid infrastructure to support this transition. As technology continues to advance and costs decrease, China is positioned to become a leader in offshore wind energy, capitalizing on its vast coastal waters and growing demand for clean energy solutions.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

China Offshore Wind Market Drivers

Market Segment Insights

Offshore Wind Market Technology Insights

The Technology segment of the China Offshore Wind Market plays a pivotal role in the expanding renewable energy landscape. As the country increases its reliance on wind energy, the focus has shifted toward innovative technologies that enhance efficiency and output. Floating Turbines stand out as a transformative solution, particularly relevant for deeper waters where traditional turbines cannot be deployed.

This technology not only supports the growth of offshore wind farms but also ensures the utilization of vast ocean spaces, thereby maximizing potential energy generation.Fixed Bottom Turbines, on the other hand, have been integral to the initial phases of the offshore wind industry, particularly in shallower waters, where they provide a stable and reliable foundation for energy production. These turbines have showcased advancements over the years, improving energy capture and operational efficiency, which has made them a cornerstone of China's offshore wind infrastructure.

Hybrid Systems are emerging as a novel approach combining various technologies to optimize energy output, facilitating a synergistic effect in harnessing wind and possibly incorporating solar elements.The adaptability of these systems is crucial, especially in addressing the diverse geographical features of China’s coastal regions. These technological advancements reflect the ongoing commitment to innovation and sustainability within the China Offshore Wind Market. Various factors, such as governmental support, advancements in turbine technology, and the increasing demand for renewable energy, are driving the progress of these technologies.

Collectively, these elements indicate a robust environment for growth within the China Offshore Wind Market, allowing for a diversified array of options that cater to the unique requirements of different offshore locations.Furthermore, as the world increasingly shifts towards clean energy sources, the prominence and development of these technologies in China will likely influence global market trends and investment opportunities in the renewable sector. The integration of these advanced technologies is expected to facilitate China achieving its ambitious renewable energy targets while also contributing to the global shift toward sustainability.

Offshore Wind Market Installation Type Insights

The Installation Type segment within the China Offshore Wind Market reveals critical insights into the evolving landscape of renewable energy. The significance of Installed Capacity cannot be overstated, as it serves as a primary indicator of the sector's growth and efficiency, aligning with China's goals for sustainable energy transitions. Grid Connected systems dominate the market, reflecting China's robust infrastructure development and integration of renewable energy sources into existing power grids, enabling better energy distribution and stability.Conversely, Non-Grid Connected systems, while less prevalent, present unique opportunities for localized energy solutions, particularly in remote areas where traditional energy access remains challenging.

The growth in this segment underscores the diversity of the China Offshore Wind Market segmentation, driven by both government initiatives and rising environmental awareness. Overall, this segment plays a crucial role in supporting China's ambitious renewable energy targets and enhancing energy security through diversified installation methodologies.With increasing investments and advancements in technology, this segment is poised for further expansion, highlighting its importance in the broader context of China Offshore Wind Market Data and Statistics.

Offshore Wind Market Turbine Size Insights

The China Offshore Wind Market is witnessing substantial growth driven by advancements in turbine technology and increasing investments in renewable energy. Within this market, the Turbine Size segment plays a pivotal role, as it is categorized into Small Scale, Medium Scale, and Large Scale turbines. The Small Scale category is essential for targeting localized and less intensive energy needs, making it suitable for coastal regions and smaller projects. In contrast, Medium Scale turbines often cater to a balance between operational efficiency and space requirements, appealing to regions looking for moderate energy output while minimizing environmental impact.

The Large Scale segment is dominating the market, as these turbines generate significant power, making them highly attractive to large-scale offshore wind farms. The Chinese government has been actively encouraging the development of offshore wind resources, contributing to the rapid growth and innovation within the turbine sizes.

As the country aims to achieve ambitious renewable energy targets, the evolution and optimization of turbine size will be critical in enabling higher capacity factors and better overall efficiency in harnessing wind energy.The increasing need for sustainable energy solutions continues to propel this segment forward, indicating a strong future for varied turbine sizes in the China Offshore Wind Market.

Offshore Wind Market Application Insights

The Application segment of the China Offshore Wind Market plays a critical role in shaping the industry's landscape, with its key focus on Energy Generation, Desalination, and Aquaculture. Energy Generation is the most significant aspect, driven by China's aggressive targets to increase renewable energy sources, aiming for a greener future and reduced carbon emissions. Furthermore, Desalination technologies are gaining traction as coastal regions in China seek sustainable solutions to address water scarcity, thus broadening the scope of offshore wind energy applications.The Aquaculture sector benefits from offshore wind infrastructure, creating optimal farming conditions and sustainable harvesting opportunities.

With the continual advancements in technology and supportive governmental policies, this segment demonstrates robust potential for growth, contributing significantly to the overall China Offshore Wind Market statistics. Trends indicate that these applications not only enhance the market dynamics but also promote environmental sustainability, thereby aligning with China's dedication to addressing climate change.As the sector evolves, increased investment and research efforts will be vital in further harnessing these applications, ensuring they meet the growing demands of the region efficiently and sustainably.

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Regional Insights

Key Companies in the China Offshore Wind Market market include

Industry Developments

Market Segmentation

Outlook

Energy Generation
Desalination
Aquaculture

Report Scope

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	3.84(USD Billion)
MARKET SIZE 2024	4.25(USD Billion)
MARKET SIZE 2035	10.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	8.089% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Shanghai Electric Group, China General Nuclear Power Corporation, Goldwind Science and Technology, State Power Investment Corporation, China National Offshore Oil Corporation, Envision Energy, Siemens Gamesa Renewable Energy, Nordex, Vestas Wind Systems, Dongfang Electric Corporation, China Three Gorges Corporation, Longyuan Power Group Corporation, China Energy Investment Corporation, General Electric Renewable Energy
SEGMENTS COVERED	Technology, Installation Type, Turbine Size, Application
KEY MARKET OPPORTUNITIES	Large-scale project investments, Advanced turbine technologies, Floating wind farms expansion, Supply chain localization initiatives, Increased government incentives
KEY MARKET DYNAMICS	Government policy support, Technological advancements, Investment growth, Environmental concerns, Supply chain challenges
COUNTRIES COVERED	China

Market Highlights

Author

Chitranshi Jaiswal

Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the expected market size of the China Offshore Wind Market in 2024?

The China Offshore Wind Market is expected to be valued at 4.25 billion USD in 2024.

What is the projected market value of the China Offshore Wind Market by 2035?

By 2035, the overall market value is projected to reach 10.0 billion USD.

What is the expected compound annual growth rate (CAGR) for the China Offshore Wind Market from 2025 to 2035?

The expected CAGR for the China Offshore Wind Market from 2025 to 2035 is 8.089 percent.

Which technology segment in the China Offshore Wind Market has the highest expected value in 2035?

The Fixed Bottom Turbines segment is expected to hold the highest value at 5.5 billion USD in 2035.

What is the projected market size for Floating Turbines in the China Offshore Wind Market by 2035?

The Floating Turbines segment is expected to reach a market size of 2.9 billion USD by 2035.

Who are the key players in the China Offshore Wind Market?

Major players in the market include Shanghai Electric Group, Goldwind Science and Technology, and Siemens Gamesa Renewable Energy.

What is the expected value of the Hybrid Systems segment in the China Offshore Wind Market in 2024?

The Hybrid Systems segment is expected to be valued at 0.55 billion USD in 2024.

What challenges might the China Offshore Wind Market face in the upcoming years?

The market may face challenges related to regulatory changes and competition among emerging technologies.

What is the market growth outlook for the Fixed Bottom Turbines segment from 2024 to 2035?

The Fixed Bottom Turbines segment is anticipated to grow from 2.5 billion USD in 2024 to 5.5 billion USD by 2035.

What trends are likely to influence the China Offshore Wind Market in the next decade?

Emerging technologies, environmental regulations, and an increasing demand for renewable energy are expected to drive the market.

|- Table of Contents EXECUTIVE SUMMARY Market Overview Key Findings Market Segmentation Competitive Landscape Challenges and Opportunities Future Outlook MARKET INTRODUCTION Definition Scope of the study Research Objective Assumption Limitations RESEARCH METHODOLOGY Overview Data Mining Secondary Research Primary Research Primary Interviews and Information Gathering Process Breakdown of Primary Respondents Forecasting Model Market Size Estimation Bottom-Up Approach Top-Down Approach Data Triangulation Validation MARKET DYNAMICS Overview Drivers Restraints Opportunities MARKET FACTOR ANALYSIS Value chain Analysis Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitutes Intensity of Rivalry COVID-19 Impact Analysis Market Impact Analysis Regional Impact Opportunity and Threat Analysis China Offshore Wind Market, BY Technology (USD Billion) Floating Turbines Fixed Bottom Turbines Hybrid Systems China Offshore Wind Market, BY Installation Type (USD Billion) Installed Capacity Grid Connected Non-Grid Connected China Offshore Wind Market, BY Turbine Size (USD Billion) Small Scale Medium Scale Large Scale China Offshore Wind Market, BY Application (USD Billion) Energy Generation Desalination Aquaculture Competitive Landscape Overview Competitive Analysis Market share Analysis Major Growth Strategy in the Offshore Wind Market Competitive Benchmarking Leading Players in Terms of Number of Developments in the Offshore Wind Market Key developments and growth strategies New Product Launch/Service Deployment Merger & Acquisitions Joint Ventures Major Players Financial Matrix Sales and Operating Income Major Players R&D Expenditure. 2023 Company Profiles Shanghai Electric Group Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies China General Nuclear Power Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Goldwind Science and Technology Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies State Power Investment Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies China National Offshore Oil Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Envision Energy Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Siemens Gamesa Renewable Energy Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Nordex Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Vestas Wind Systems Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Dongfang Electric Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies China Three Gorges Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Longyuan Power Group Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies China Energy Investment Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies General Electric Renewable Energy Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Appendix References Related Reports LIST Of tables LIST OF ASSUMPTIONS China Offshore Wind Market SIZE ESTIMATES & FORECAST, BY TECHNOLOGY, 2019-2035 (USD Billions) China Offshore Wind Market SIZE ESTIMATES & FORECAST, BY INSTALLATION TYPE, 2019-2035 (USD Billions) China Offshore Wind Market SIZE ESTIMATES & FORECAST, BY TURBINE SIZE, 2019-2035 (USD Billions) China Offshore Wind Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions) PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL ACQUISITION/PARTNERSHIP LIST Of figures MARKET SYNOPSIS CHINA OFFSHORE WIND MARKET ANALYSIS BY TECHNOLOGY CHINA OFFSHORE WIND MARKET ANALYSIS BY INSTALLATION TYPE CHINA OFFSHORE WIND MARKET ANALYSIS BY TURBINE SIZE CHINA OFFSHORE WIND MARKET ANALYSIS BY APPLICATION KEY BUYING CRITERIA OF OFFSHORE WIND MARKET RESEARCH PROCESS OF MRFR DRO ANALYSIS OF OFFSHORE WIND MARKET DRIVERS IMPACT ANALYSIS: OFFSHORE WIND MARKET RESTRAINTS IMPACT ANALYSIS: OFFSHORE WIND MARKET SUPPLY / VALUE CHAIN: OFFSHORE WIND MARKET OFFSHORE WIND MARKET, BY TECHNOLOGY, 2025 (% SHARE) OFFSHORE WIND MARKET, BY TECHNOLOGY, 2019 TO 2035 (USD Billions) OFFSHORE WIND MARKET, BY INSTALLATION TYPE, 2025 (% SHARE) OFFSHORE WIND MARKET, BY INSTALLATION TYPE, 2019 TO 2035 (USD Billions) OFFSHORE WIND MARKET, BY TURBINE SIZE, 2025 (% SHARE) OFFSHORE WIND MARKET, BY TURBINE SIZE, 2019 TO 2035 (USD Billions) OFFSHORE WIND MARKET, BY APPLICATION, 2025 (% SHARE) OFFSHORE WIND MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions) BENCHMARKING OF MAJOR COMPETITORS

China Offshore Wind Market Segmentation

Offshore Wind Market By Technology (USD Billion, 2019-2035)
- Floating Turbines
- Fixed Bottom Turbines
- Hybrid Systems

Offshore Wind Market By Installation Type (USD Billion, 2019-2035)
- Installed Capacity
- Grid Connected
- Non-Grid Connected

Offshore Wind Market By Turbine Size (USD Billion, 2019-2035)
- Small Scale
- Medium Scale
- Large Scale

Offshore Wind Market By Application (USD Billion, 2019-2035)
- Energy Generation
- Desalination
- Aquaculture

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China Offshore Wind Market