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Wind Turbine Manufacturing in the US - Industry Market Research Report

  • November 2016
  • -
  • Ibisworld
  • -
  • 38 pages

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Against the wind: Dwindling government support will hurt demand for new turbines



Abstract

Wind Turbine Manufacturing in the US

The Wind Turbine Manufacturing industry has benefited from state and federal policies over the past five years. A majority of states require utilities to generate a portion of their electricity from renewable sources, including wind.The rapid evolution of wind turbines, and the potential rise of offshore wind in the coming years, has led to mergers as the industry's major players seek to combine research and development or gain access to new technology. Over the five years to 2021, industry revenue is projected to drop, however, it will retain significant growth potential, and is expected to emerge from the period increasingly viable against alternative sources of energy.

The Wind Turbine Manufacturing industry manufactures wind turbine blades, towers, generators and related parts. Industry operators also provide maintenance and support services for installed wind turbines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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