| Product Code: ETC4729258 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, China maintained its position as the top exporter of marine wind turbines to Hong Kong, reflecting the strong trade relationship between the two regions. Despite a negative compound annual growth rate (CAGR) of -2.4% from 2020 to 2024, the market saw a remarkable growth rate of 1575.57% in 2024 compared to the previous year. The high Herfindahl-Hirschman Index (HHI) suggests a very concentrated market, indicating the dominance of key players in the industry. This data highlights the dynamic nature of the marine wind turbine import market in Hong Kong.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Marine Wind Turbine Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Marine Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Marine Wind Turbine Market - Industry Life Cycle |
3.4 Hong Kong Marine Wind Turbine Market - Porter's Five Forces |
3.5 Hong Kong Marine Wind Turbine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Hong Kong Marine Wind Turbine Market Revenues & Volume Share, By Axis, 2021 & 2031F |
3.7 Hong Kong Marine Wind Turbine Market Revenues & Volume Share, By Base, 2021 & 2031F |
4 Hong Kong Marine Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing concerns about climate change and the need for sustainable energy sources. |
4.2.2 Government initiatives and incentives to promote renewable energy, including wind power. |
4.2.3 Technological advancements leading to more efficient and cost-effective marine wind turbines. |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up marine wind turbine projects. |
4.3.2 Limited availability of suitable offshore locations for installing marine wind turbines. |
4.3.3 Regulatory challenges and permitting issues for offshore renewable energy projects. |
5 Hong Kong Marine Wind Turbine Market Trends |
6 Hong Kong Marine Wind Turbine Market Segmentations |
6.1 Hong Kong Marine Wind Turbine Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Single systems, 2021-2031F |
6.1.3 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Hybrid systems, 2021-2031F |
6.2 Hong Kong Marine Wind Turbine Market, By Axis |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Vertical axis wind turbine, 2021-2031F |
6.2.3 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Horizontal axis wind turbine, 2021-2031F |
6.3 Hong Kong Marine Wind Turbine Market, By Base |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Monopole base, 2021-2031F |
6.3.3 Hong Kong Marine Wind Turbine Market Revenues & Volume, By Tripod base, 2021-2031F |
7 Hong Kong Marine Wind Turbine Market Import-Export Trade Statistics |
7.1 Hong Kong Marine Wind Turbine Market Export to Major Countries |
7.2 Hong Kong Marine Wind Turbine Market Imports from Major Countries |
8 Hong Kong Marine Wind Turbine Market Key Performance Indicators |
8.1 Average capacity factor of marine wind turbines in Hong Kong. |
8.2 Number of new marine wind turbine installations in the region. |
8.3 Average levelized cost of energy (LCOE) for marine wind power projects in Hong Kong. |
9 Hong Kong Marine Wind Turbine Market - Opportunity Assessment |
9.1 Hong Kong Marine Wind Turbine Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Hong Kong Marine Wind Turbine Market Opportunity Assessment, By Axis, 2021 & 2031F |
9.3 Hong Kong Marine Wind Turbine Market Opportunity Assessment, By Base, 2021 & 2031F |
10 Hong Kong Marine Wind Turbine Market - Competitive Landscape |
10.1 Hong Kong Marine Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Marine Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |