1.1 Research Scope

1.2 Research Methodology

1.3 Research Methodology Explained

1.4 Key Findings

2.1 Ability to Deliver Higher Capacity Utilization Factors Makes Offshore Wind Energy Attractive

2.2 Asian Market to Accelerate Offshore Wind Installations in the Future

3.1 Technology Advancements Reduce Cost of Offshore Wind Energy

3.2 Factors that Enabled Cost Reduction of Offshore Wind Energy

4.0.1 Key Innovation Areas across Wind Turbine Value Chain

4.1.1 LiDAR Preferred over Met Masts as Offshore Wind Measurement Tool Due to Lower Costs

4.1.2 LiDAR Suitable for Wind Measurements in Offshore Conditions

4.1.3 LiDAR Solution Enhances Wind Energy Production

4.2.1 Innovative Drivetrain Designs and Larger Turbine Capacities Reduce LCOE

4.2.2 Direct-drive Technology and Medium-speed Gearboxes Dominate the Offshore Wind Industry

4.2.3 Medium-Speed Gearboxes Reduce Levelized Cost of Energy

4.2.4 Leading Wind Power OEMs Develop Bigger Capacity Wind Turbines for Offshore Offerings

4.2.5 Two-bladed Wind Turbine Design Hold Potential to Reduce Production Costs

4.3.1 Superior Electrical Infrastructure to Reduce Electrical Losses and Installation Costs

4.3.2 HVDC Transmission for Electrical Interconnection of Offshore Wind Farms Located at Larger Distances

4.4.1 New Foundation Concepts Reduce Installation Costs and Improve Safety

4.4.2 Developers Demonstrating Suction Bucket Technology

4.4.3 Floating Offshore Wind to be a Gamechanger in Locations with Deep-water Sites

4.4.4 Innovative Floating Structures Reduce Foundation Costs of Offshore Wind

4.4.5 High Capacity Factor Achieved at the First Commercialized Floating Wind Farm

4.5.1 Automation and Machine Learning Prove to be Effective Options to Reduce Operations and Maintenance Costs

4.5.2 MEMS Sensors Reduce Condition Monitoring Costs

4.5.3 Offshore Automated Inspection with State-of-the-art Drone

4.5.4 Predictive Maintenance Strategy Using Aero-acoustic Tool

5.1 Increase in Patent Activity Globally Due to Greater Research Focus in China

5.2 Floating Offshore Wind Gets Significant Boost from Public and Private Sectors

6.1 Technology Trends with Potential to Reduce Costs for Far-offshore Projects

6.2 New Foundations and Turbine Configurations open up New Offshore Wind Markets

7.1 Key Industry Influencers

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