| Product Code: ETC12727758 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s import shipments of offshore wind towers in 2024 were primarily sourced from China, Malaysia, Netherlands, Japan, and Vietnam. The market saw a shift from high concentration in 2023 to moderate concentration in 2024, indicating a more diversified import landscape. Despite a negative CAGR of -2.95% from 2020 to 2024, there was a notable growth rate of 13.94% from 2023 to 2024, signaling a potential uptick in demand for offshore wind towers in India. This trend reflects the country`s increasing focus on renewable energy sources and the development of its offshore wind energy sector.

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 India Offshore Wind Tower Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Offshore Wind Tower Market Revenues & Volume, 2021 & 2031F |
3.3 India Offshore Wind Tower Market - Industry Life Cycle |
3.4 India Offshore Wind Tower Market - Porter's Five Forces |
3.5 India Offshore Wind Tower Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Offshore Wind Tower Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 India Offshore Wind Tower Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 India Offshore Wind Tower Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 India Offshore Wind Tower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and policies promoting renewable energy sources in India |
4.2.2 Increasing focus on reducing carbon emissions and transitioning towards clean energy solutions |
4.2.3 Growing investments in offshore wind energy projects in India |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with offshore wind tower installations |
4.3.2 Technical challenges related to offshore wind tower construction and maintenance |
4.3.3 Limited experience and expertise in offshore wind energy projects in India |
5 India Offshore Wind Tower Market Trends |
6 India Offshore Wind Tower Market, By Types |
6.1 India Offshore Wind Tower Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Offshore Wind Tower Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Offshore Wind Tower Market Revenues & Volume, By Tubular Steel Towers, 2021 - 2031F |
6.1.4 India Offshore Wind Tower Market Revenues & Volume, By Hybrid Towers, 2021 - 2031F |
6.1.5 India Offshore Wind Tower Market Revenues & Volume, By Lattice Towers, 2021 - 2031F |
6.1.6 India Offshore Wind Tower Market Revenues & Volume, By Monopile Foundations, 2021 - 2031F |
6.2 India Offshore Wind Tower Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 India Offshore Wind Tower Market Revenues & Volume, By Large-Scale Wind Turbines, 2021 - 2031F |
6.2.3 India Offshore Wind Tower Market Revenues & Volume, By Extreme Weather Sites, 2021 - 2031F |
6.2.4 India Offshore Wind Tower Market Revenues & Volume, By Remote Offshore Installations, 2021 - 2031F |
6.2.5 India Offshore Wind Tower Market Revenues & Volume, By Deepwater Wind Farms, 2021 - 2031F |
6.3 India Offshore Wind Tower Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Offshore Wind Tower Market Revenues & Volume, By Wind Farm Developers, 2021 - 2031F |
6.3.3 India Offshore Wind Tower Market Revenues & Volume, By Energy Providers, 2021 - 2031F |
6.3.4 India Offshore Wind Tower Market Revenues & Volume, By Power Utilities, 2021 - 2031F |
6.3.5 India Offshore Wind Tower Market Revenues & Volume, By Marine Engineering Firms, 2021 - 2031F |
6.4 India Offshore Wind Tower Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 India Offshore Wind Tower Market Revenues & Volume, By High-Strength Steel, 2021 - 2031F |
6.4.3 India Offshore Wind Tower Market Revenues & Volume, By Concrete-Steel Hybrid Towers, 2021 - 2031F |
6.4.4 India Offshore Wind Tower Market Revenues & Volume, By Lightweight Modular Structures, 2021 - 2031F |
6.4.5 India Offshore Wind Tower Market Revenues & Volume, By Corrosion-Resistant Alloys, 2021 - 2031F |
7 India Offshore Wind Tower Market Import-Export Trade Statistics |
7.1 India Offshore Wind Tower Market Export to Major Countries |
7.2 India Offshore Wind Tower Market Imports from Major Countries |
8 India Offshore Wind Tower Market Key Performance Indicators |
8.1 Average capacity factor of offshore wind turbines in India |
8.2 Number of offshore wind projects under development or in operation |
8.3 Technology advancements and innovations in offshore wind tower designs and construction techniques |
9 India Offshore Wind Tower Market - Opportunity Assessment |
9.1 India Offshore Wind Tower Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Offshore Wind Tower Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 India Offshore Wind Tower Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 India Offshore Wind Tower Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 India Offshore Wind Tower Market - Competitive Landscape |
10.1 India Offshore Wind Tower Market Revenue Share, By Companies, 2024 |
10.2 India Offshore Wind Tower Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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