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Wind Power Market, Update 2016 - Global Market Size, Average Price, Turbine Market Share and Key Country Analysis to 2025

  • August 2016
  • 249 pages
  • GlobalData
Report ID: 3085652

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Wind Power Market, Update 2016 - Global Market Size, Average Price, Turbine Market Share and Key Country Analysis to 2025

Summary
Wind power is an alternative source of power generated from the flow of the earth’s air currents through a wind turbine. Wind power is classified into onshore and offshore based on the placement of the wind farms. A wind farm constructed on land generates onshore wind power, while wind power generated from wind farms constructed in larger water bodies is known as offshore wind power.

The US and Germany have had large capacities since the early 2000s and both have excelled in terms of wind power technology and achieving better efficiencies. It was only in 2009 and 2010 that China overtook Germany and the US, respectively, in terms of installed capacity.

China is currently home to more than a third of the world’s wind power capacity. The country had exceptionally good capacity additions during 2009–2011 and also in 2014 and 2015. Being the largest manufacturing center for turbines and components and abundant in high wind speed sites, it was only natural for China to become a world leader in terms of installed capacity. This accelerated as the country started taking GHG mitigation into account and paying increasing attention to international and institutional pressure to cut emissions.

South Africa is among the new and very dynamic wind power markets and has huge growth potential for the near future. Until 2012, the wind industry was nearly non-existent with just about 10 MW of cumulative installed capacity, which was installed over 10 years.

The report "Wind Power Market, Update 2016 - Global Market Size, Average Price, Turbine Market Share and Key Country Analysis to 2025" offers comprehensive information and analysis of the global wind market.

In particular, this report provides the following -
- Provides a clear overview of and detailed insight into the global wind market.
- Provides historic and forecast market size, average capital cost, installed capacity and generation for onshore and offshore wind globally, and in ten key wind power markets - China, India, Brazil, Canada, Turkey, UK, US, South Africa, Germany, and Japan.
- Analyzes key market aspects which determine wind sector and provides information on average turbine size, GHG emission reductions, employment opportunities, homes powered, turbine market share, capacity share by capacity range and import - export in wind sector.

Companies mentioned in this report: Acciona Energia, S.A., Alstom SA, Alstom SA, Adwen, China Creative Wind Energy Co., Ltd., China Ming Yang Wind Power Group Limited, Clipper Windpower, LLC, CSIC (Chongqing) Haizhuang Windpower Equipment Co., Ltd., CSR Zhuzhou Institute Co., Ltd., Dongfang Electric Corporation Limited, Enercon GmbH, Envision Energy Limited, Gamesa Corporacion Tecnologica, S.A., GE Power, Guodian United Power Technology Co., Ltd., Inox Wind Limited, NEG Micon A/S, Nordex SE, Senvion SE, Shanghai Electric Wind Power Equipment Co., Ltd., Siemens AG, Sinovel Wind Group Co., Ltd., Suzlon Energy Limited, Vestas Wind Systems A/S, XEMC Windpower Co., Ltd., Xinjiang Goldwind Science & Technology Co., Ltd., Zhejiang Windey Wind Generating Engineering Co., Ltd.

Scope
The report includes -
- Wind market study at global level and at key country level, covering countries such as China, India, Brazil, Canada, Turkey, UK, US, South Africa, Germany, and Japan
- Historic and forecast data for cumulative and annual installed power capacity and power generation for onshore and offshore wind
- Market size and average capital cost data at country and global level
- Statistics related to average turbine size, GHG emission reductions, employment opportunities, homes powered, turbine import - export
- Turbine market share at country and global level

Reasons to buy
- Facilitate decision-making based on strong historic and forecast data for the wind power market
- Maximize potential in the growth of the wind power market
- Identify key partners and business-development avenues
- Respond to competitors’ business structure, strategy and prospects

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