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Wind Turbine Market Size Study, by Equipment and Regional Forecasts, 2017-2025

Press Release   •   Jan 16, 2018 12:34 IST

Global Wind Turbine industry valued approximately USD 79.25 billion in 2016 is anticipated to grow with a healthy growth rate of more than 17.80% over the forecast period 2017 2025. The growing prices of nonrenewable energy sources is the major driving factor in the market. Additionally, supportive government frameworks and rising need for electricity is also likely to drive the demand in the market.


The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:

Equipment:

  • Turbine Blade
  • Electricity Generator
  • Wind Mill Tower
  • Control Equipment

EndUse

  • Industrial
  • Household
  • Corporate

Regions:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Furthermore, the years considered for the study are as follows:

  • Historical year — 2015
  • Base year — 2016
  • Forecast period — 2017 to 2025

Some of the key manufacturers involved in the market are;

  • Aeolos Wind Turbine Ltd.,
  • Aeronautica Windpow,
  • Enercon GMBH,
  • GE Turbine,
  • Nordex SE,
  • Vergnet SA,
  • Windflow Technology Ltd.,
  • Mitsubishi Heavy Industries Ltd.,
  • Dewind Co.

key players in the market are actively looking to reduce cost of manufacturing. For instance, Vestas Wind Systems A/S, Siemens Wind Power A/S, and Gamesa Corporacion Tecnologica have shifted their units in the developing countries such as China and India to attain less cost of manufacturing.

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Table Of Content-

Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Wind Turbine Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Chapter 3. Executive Summary
3.1. Key Trends
3.2. Global & Segmental Market Estimates & Forecasts, 20152025 USD Billion/Million

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