Taiwan Offshore Wind Market (2026 - 2032) | Size, Forecast, Growth, Share, Analysis, Revenue, Outlook, Trends, Value, Companies, Segmentation & Industry

Taiwan Offshore Wind Market Growth Rate

According to 6Wresearch internal database and industry insights, the Taiwan Offshore Wind Market is projected to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period (2026–2032).

Five-Year Growth Trajectory of the Taiwan Offshore Wind Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Topics Covered in the Taiwan Offshore Wind Market Report

The Taiwan Offshore Wind Market report thoroughly covers the market by component and by location. It provides an unbiased and detailed analysis of ongoing market trends, opportunities, challenges, and market drivers, helping stakeholders align their strategies with current and future market dynamics.

Taiwan Offshore Wind Market Highlights

Taiwan Offshore Wind Market Synopsis

Taiwan Offshore Wind Market growth is projected to surge I the coming years, underpinned by various factors, such as the national push toward renewable energy and reduction of carbon emissions. Additionally, the industry expansion is driven by technological advancements in turbine design and supply-chain maturation. Moreover, the demand for reliable offshore wind infrastructure is on the rise owing to rising energy demand on the island and rising energy security considerations.

Evaluation of Growth Drivers in the Taiwan Offshore Wind Market

Below mentioned are some prominent drivers and their influence on the Taiwan Offshore Wind Market dynamics:

Taiwan Offshore Wind Market Size is expected to grow steadily at a CAGR of 8.2% between 2026 and 2032. Driven by aggressive expansion of offshore wind capacity, rising demand for clean energy, and supportive government policies, the market growth is estimated to surge in the coming years. In addition to this, technological enhancements in turbine manufacturing and increasing investor confidence are estimated to be other prominent growth accelerator factors. Developers are getting attracted to expand offshore capacity, with the strategic location of Taiwan’s coastline, with high wind speeds and favorable ocean conditions, supports consistent power generation. The offshore wind installations have been increasing with the growing demand for clean electricity from industrial and commercial sectors, along with supportive policies such as feed-in tariffs, zoning approvals, and infrastructure development programs. Along with this, the rising advancements in turbine technology and continuous improvements in grid integration capabilities contribute significantly to the sustained the Taiwan Offshore Wind Market growth.

Evaluation of Restraints in the Taiwan Offshore Wind Market

Below mentioned are some major restraints and their influence on the Taiwan Offshore Wind Market dynamics:

Taiwan Offshore Wind Market Challenges

Despite the promising growth outlook, the market deals with numerous challenges that need to be addressed. These challenges are delays in grid connectivity infrastructure and high initial capital expenditures. Complex permitting processes for deepwater and transitional water sites create barriers to industry expansion. There can be a major risk due to certain factors, including supply-chain dependencies and environmental impact assessments. 

Taiwan Offshore Wind Market Trends

Several notable trends are shaping the Taiwan Offshore Wind Market dynamics:

• Growth of larger-capacity turbines (10 MW+) for higher energy yield per unit.
• Adoption of monopile and jacket foundation hybrid models for transitional and deepwater zones.
• Rise in local manufacturing of tower and blade components to support domestic supply chain.
• Emergence of floating offshore wind projects in deepwater zones.
• Increased partnerships between international developers and Taiwanese firms for joint offshore wind ventures.

Investment Opportunities in the Taiwan Offshore Wind Industry

Some notable investment opportunities in the Taiwan Offshore Wind Industry are:

• Expansion of local manufacturing facilities for turbine towers and blades.
• Development of floating wind technology and related installation platforms for deepwater projects.
• Upgrading grid infrastructure and transmission lines to support large offshore wind farm integration.
• Investing in maintenance and operations (O&M) services for offshore wind assets.
• Collaboration with international renewable energy firms to co-develop next-generation offshore projects.

Top 5 Leading Players in the Taiwan Offshore Wind Market

Below is the list of prominent companies leading in the Taiwan Offshore Wind Market:

1. Orsted

A leading offshore wind developer involved in major Taiwanese offshore wind farms and bringing global expertise to Taiwan’s market.

2. Jan De Nul Group

Provides offshore wind installation, foundation, and marine services; active in Taiwan’s offshore wind installation projects.

3. DEME Offshore

Offers turnkey offshore wind solutions, including turbine installation and cable-laying services, for Taiwanese offshore wind projects.

4. CS Wind Corporation

Supplies turbine towers and blade components, supporting local manufacturing and reducing dependency on imports.

5. Taiwan Electrical and Wind Energy Company Ltd. (TEWEC)

Local developer and operator focused on offshore wind projects, contributing to domestic content and maintenance operations.

Government Regulations Introduced in the Taiwan Offshore Wind Market

According to Taiwanese government data, some steps have been taken by the authorities to strengthen offshore wind development. For example, the “Renewable Energy Development Program 2035” and Offshore Wind Farm Lease Auctions promotes offshore wind capacity expansion by offering fixed tariff incentives for offshore wind power supplied to the grid. Along with this, another program introduced by the authorities is to allocate maritime zones for shallow, transitional, and deepwater projects. Also, to support local and foreign investment into wind-farm infrastructure, there are tax incentives and import duty reductions for components such as towers and turbine blades. 

Future Insights of the Taiwan Offshore Wind Market

Taiwan Offshore Wind Market share is expected to increase in the coming years. This is underpinned by the rising expansion of offshore wind capacity targets and increasing renewable energy demand. The demand for larger turbines, deepwater floating projects, and local component manufacturing will increase. Also, integration of offshore wind farms will increase in the country due to grid infrastructure upgrades progress. Foreign-local partnerships and supply-chain localization will strengthen market resilience and support long-term sustainability of offshore wind investments.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories.

By Component – Turbines Nacelle Segment is Expected to Dominate the Market

According to Priya, Senior Research Analyst, 6Wresearch, the turbines nacelle component leads the Taiwan Offshore Wind Market Share. This segment encompasses critical machinery including the gearbox, generator, and control systems that provide power conversion and output. Its dominance is attributed to technological upgrades and increasing deployment of high-capacity offshore turbines requiring robust nacelle systems. 

By Location – Shallow Water Segment is Expected to Dominate the Market

The shallow water segment holds the largest market share in the Taiwan Offshore Wind Market. Most early and currently planned wind-farms are located within near-shore zones where water depths and seabed conditions favour monopile installations. Lower installation complexity and cost in shallow zones compared to deepwater or transitional water make shallow water sites the most attractive initially, driving greater share for this segment.

Key Attractiveness of the Report

• 10 Years Market Numbers
• Historical Data: 2022–2025
• Base Year: 2025
• Forecast Data: 2032
• Key Performance Indicators impacting the market
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• Taiwan Offshore Wind Market Outlook
• Market Size of Taiwan Offshore Wind Market, 2025
• Forecast of Taiwan Offshore Wind Market, 2032
• Historical Data and Forecast of Taiwan Offshore Wind Revenues & Volume for the Period 2022-2032F
• Taiwan Offshore Wind Market Trend Evolution
• Taiwan Offshore Wind Market Drivers and Challenges
• Taiwan Offshore Wind Price Trends
• Taiwan Offshore Wind Porter`s Five Forces
• Taiwan Offshore Wind Industry Life Cycle
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Component for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Turbines Nacelle for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Rotors & Blades for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Tower for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Location for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Shallow Water for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Transitional Water for the Period 2022-2032F
• Historical Data and Forecast of Taiwan Offshore Wind Market Revenues & Volume By Deepwater for the Period 2022-2032F
• Taiwan Offshore Wind Import Export Trade Statistics
• Market Opportunity Assessment By Component
• Market Opportunity Assessment By Location
• Taiwan Offshore Wind Top Companies Market Share
• Taiwan Offshore Wind Competitive Benchmarking By Technical and Operational Parameters
• Taiwan Offshore Wind Company Profiles
• Taiwan Offshore Wind Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the following market segments:

By Component

• Turbines Nacelle
• Rotors & Blades
• Tower

By Location

• Shallow Water
• Transitional Water
• Deepwater