2Q 2026 Edition Out Now
Westwood’s enhanced Global Offshore Wind Market Report delivers a comprehensive quarterly analysis of offshore wind markets, providing actionable intelligence on global and regional investment, project development and installation activity. Designed for executives, strategy teams and business development professionals, the report combines market-leading data with expert insight to support opportunity identification, competitive benchmarking and forward planning.
The report examines key market drivers, including capacity targets, policy developments, auctions, leasing and licensing rounds, project transactions, and power purchase agreements (PPAs). It also tracks major industry milestones such as final investment decisions (FIDs), EPC/EPCI and installation contract awards, installation activity, and commercial trends shaping the sector.
In addition, the report assesses supply chain performance and turbine OEM activity, alongside a five-year regional outlook for critical offshore wind equipment markets, including turbines, foundations, offshore substations and export cable infrastructure. Coverage is further strengthened through analysis of vessel market activity and selected vessel orders, offering a complete view of project execution capabilities and supply chain readiness.
Delivered as part of a WindLogix subscription, the report provides an in-depth review of the events, contracts and market developments that have influenced the quarter, while offering forward-looking insight into upcoming project FIDs, potential contract awards and emerging commercial opportunities. This enables organisations across the offshore wind value chain to make informed strategic decisions, enhance market positioning and improve business development outcomes.
Key topics covered:
- Global and regional offshore wind spend and installation activity
- Capacity targets, policy updates, auctions and leasing rounds
- Project transactions and Power Purchase Agreements (PPAs)
- FIDs, EPC/EPCI awards and installation contract activity
- Supply chain performance and turbine OEM developments
- Five-year outlook for turbines, foundations, offshore substations and cables
- Vessel orders and offshore wind installation market trends
- Upcoming project opportunities and commercial developments
- Regional and global market forecasts and strategic insights
By The Numbers
Executive Summary
Key Themes
Market Summary
Cumulative Capacity Outlook
Capacity Outlook and Targets
Floating Wind Outlook
Project Certainty Capacity Outlook
Auctions and Licensing Rounds Outlook
Upcoming Auctions and Tenders – Europe
Upcoming Auctions and Tenders – Americas & APAC
PPAs and Transactions
Global Capacity Sanctioning
Project Watch – Upcoming FIDs
Supply Chain
Recent EPC/EPCI Contract Highlights
Turbine OEM Market Share
Turbine Foundations and Cables Market Share
Offshore Wind Vessels
Global Offshore Wind Supply Outlook
Regional Overview
Market Outlook: Mainland China
Market Outlook: Rest of APAC
Market Outlook: UK
Market Outlook: Rest of Europe
Market Outlook: Americas
Appendices
Summary of Key Forecast Changes
Meet the Authors
Acronyms & Abbreviations
Request Report
The Global Offshore Wind Market Report is available to subscribers of WindLogix. Non-subscribers can complete the form below and a member of our sales team will be in touch to discuss purchase options.
