Ocean's Future to 2050

A sectoral and regional forecast of the Blue Economy

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DNV has been working with ocean industries for 157 years and is already extensively involved in the new era for the ocean. We have identified the need for a comprehensive overview of how the blue economy will develop in the coming years. 

This report highlights how the Blue Economy is entering a period of sectoral and geographic diversification.

These are the highlights:

  • Offshore wind will overtake the oil and gas sector to receive the largest investments in the Blue Economy 
  • The Blue Economy will be dominated by Asia 
  • There will be a 9-fold increase in demand for ocean space for aquaculture and energy production 
  • The energy transition and increasing purchasing power of Asia will alter outlook for shipping 
  • Aquaculture production to match capture fisheries by 2050