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Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020

Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020

  • January 2017
  • 171 pages
  • ID: 4660895
  • Format: PDF
  • By GlobalData

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Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020

Summary

Technological developments have paved way for more effective and reliable equipment and machinery, making wind one the most reliable source on power in the global market. The growth of the wind energy market is fueled by declining cost of wind power generation and growing environmental concerns. Furthermore, wind power technology is being supported by financial incentives from various governments across the world.

Global wind turbines market is expected to increase to US$ 81.14 Billion in 2019 from US$ 76.54 Billion in 2015. However, it is estimated to show a slight dip and reach US$ 71.21 Billion in 2020. In 2015, the Americas, Asia-Pacific, and Europe, Middle East, and Africa (EMEA) region accounted for US$ 19.96 Billion, US$ 30.09 Billion, and US$ 26.49 Billion market values, respectively.

In 2015, China’s leading position in the wind turbines market was followed by Germany with 16% (worth US$ 12.4 Billion), the US with 15% (worth US$ 11.3 Billion), and Brazil with 6% (worth US$ 4.5 Billion). India, the UK, and Canada contributed a considerable share of about 3–4% each, while the Rest of the World (RoW) accounted for 19% of the global wind turbines market value.

In 2020, it is estimated that China will continue to lead the market with 26% share, followed by Germany with 10% (worth US$ 6.8 Billion), the UK with 8% (worth US$ 5.7 Billion), and the US with 7% market share (worth US$ 4.8 Billion). France, India, and Mexico is estimated to contribute a considerable share of about 4–6% each, while RoW is expected to hold 36% of the global wind turbines market value.

As per Swathi Gupta, Analyst, “Despite the initial year-on-year growth of the wind turbine market during the forecast period, the expiration of Production Tax Credits (PTC) in the US market in 2020 will have a negative impact on global wind turbine installations and market value in the same year.”

The report “Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020” is a comprehensive information and understanding of the global Wind Turbines Market. The report offers in-depth analysis of wind turbine market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, South Africa) level. The report analyzes the wind turbine market value and volume for the historic (2010-2015) and forecast (2016-2020) period.

In depth, this report provides the following analysis -
- Provides detailed analysis of the growth of wind turbine market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
- Provides wind turbine market analysis for key countries including the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, and South Africa.
- Provides country level wind turbine market value and volume for the historical (2010–2015) and forecast (2016–2020) periods.
- Helps to identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the wind turbine market.

Companies mentioned in this report: Goldwind Science & Technology, Vestas Wind, GE Power, Siemens AG, Gamesa Corporacion, Guodian United Power, Enercon GmbH, Envision Energy, China Ming Yang Wind Power, CSIC Haizhuang Wind Power, Shanghai Electric Wind Power, Senvion SE, Nordex SE, XEMC Wind Power, Dongfang Electric, Windey Wind, Acciona Energia.

Scope

The report analyses Wind Turbine market. Its scope includes -
- Analysis of the growth of wind turbine market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
- The report provides wind turbine market analysis for key countries including the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, and South Africa.
- The report offers country level wind turbine market value and volume for the historical (2010-2015) and forecast (2016-2020) periods.
- It provides competitive landscape at country level for the year 2015.
- Annual additions, average turbine price trends, key market drivers and restraints, and analysis of their impact in wind turbine market are also discussed.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Facilitate decision-making by analyzing historical and forecast data on wind turbine market
- Develop strategies based on developments in the wind turbine market
- Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the wind turbine market
- Respond to your competitors’ business structure, strategies and prospects

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