China Offshore Wind Market

ID: MRFR/E&P/46962-HCR

200 Pages

Chitranshi Jaiswal

October 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

Single User

Multiple License

Enterprise User

Summary Table of Contents Segmentation Download PDF

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

Certified Researchers

Customize Report

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%

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

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.

Market Segment Insights

China Offshore Wind 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.

Get more detailed insights about China Offshore Wind Market

Request Free Sample

Key Companies in the China Offshore Wind Market market include

Industry Developments

The China Offshore Wind Market has seen significant developments recently, with an increasing focus on expanding capacity and technological advancements. In September 2023, the State Power Investment Corporation announced plans to invest heavily in offshore wind projects along the eastern coast, aiming to enhance regional energy security. Additionally, Shanghai Electric Group has been active in collaborating with Siemens Gamesa Renewable Energy to enhance turbine efficiency within upcoming projects, showcasing a commitment to innovation.

In terms of mergers and acquisitions, in June 2023, China General Nuclear Power Corporation acquired a 60% stake in an offshore wind project from China Three Gorges Corporation, signaling consolidation in the sector. Furthermore, growth in market valuation is notable, with Goldwind Science and Technology reporting a 15% increase in revenues compared to the previous year, reflecting a robust demand for renewable energy solutions.

The emphasis on green energy is reinforced by China's broader goals in reducing carbon emissions by 2030, consequently influencing all related companies, including Longyuan Power Group Corporation and China Energy Investment Corporation, to ramp up their offshore wind initiatives. Notable achievements in recent years include the completion of the world's largest offshore wind farm by China National Offshore Oil Corporation in December 2022, highlighting the rapid evolution of the sector.

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

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.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Customer Stories

“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”

Noah Malgeri Co-Founder

“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”

Joseph Aguayo Sales Operations & Pricing Manager

“Thanks for sending the report it gives us a good global view of the Betaïne market.”

Peter Groot koerkamp Account and Business Manager

“Thank you, this will be very helpful for OQS.”

La Terria Dodd Program Support Specialist

“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”

Younghwan Choi Senior Retail Manager

“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

Mark Irwin Management Consultant

“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”

Rob Kooiker Group Product Manager HVAC & Fire Protection GMA

“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”

Akif Moroglu Strategy & Business Development Director

Case Study

Chemicals and Materials

Global Magnesium Sulfate Market – Forecast till 2027