US Offshore Market Growth — Growth driven by offshore wind acceleration, selective oil & gas developments, and a maturing supply chain for subsea projects.

The US Offshore Market Growth is being propelled by several key factors. The primary driver is the ambitious federal target of deploying 30 GW of offshore wind by 2030, a goal supported by the Department of Energy and other federal agencies. The need to reduce carbon emissions and combat climate change is a major catalyst.

The increasing demand for a reliable source of clean electricity in major population centers is another key driver. Additionally, the offshore wind power investment Usa is growing, with announced supply chain investments now exceeding USD billion, creating jobs and economic development in coastal communities.