Onshore Wind Energy Global Market Latest Trends, Market Share and Growth Strategy | Industry Dynamics & Estimation by 2023

Market Overview:-

Global onshore wind market is expected to grow at a faster pace shortly, the main reasons being increased context of energy supply, and demand and rising demand for renewable energy in electricity generation mix. Global Wind Energy Council has estimated that there has been an increase of wind power from 92.4 GW in 2007 to 494.6 GW in 2017. This proves the promising future of wind power in the near future. Besides the increasing projects in the construction of wind farms and wind parks is driving the market for onshore wind energy market. More wind farm projects from U.S. and China are witnessing the growth of wind power. However, higher outputs from offshore wind farm and more focus on offshore wind projects, is restraining the onshore wind energy market.

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Industry Key Players:-

The key players of global onshore wind energy market are Siemens AG (Germany), Envision energy (China), General Electric Wind Energy (U.S.), Suzlon (India), Vestas Wind System A/S (Denmark), Enercon GmbH (Germany) Mitsubishi Power Systems (Japan), Nordex S.E. (Germany), Repower (Switzerland), Gazelle Wind Turbines (U.K.), and Clipper Wind Power (UK) are among others.

Scope of the Report:-

This study provides an overview of the global Oil and Gas Waste Heat Recovery market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the oil and gas waste heat recovery market by its sector, by application, by equipment, by end-user and by region.

By End-Use
• Utilities
• Commercial & Industrial
• Hybrid power
• Others

By Application
• Peak power management
• System stability
• Demand responsibility
• Frequency responsibility
• Power storage

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By Power capacity
• Less than 500 KW
• 500 KW to 2 MW
• More than 2 MW

By Grid connectivity
• Off-grid
• On-grid

By Wind capacity
• High wind speed
• Medium speed wind
• Low wind speed

By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World

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Global Onshore Wind Energy Market Analysis:-

The global onshore wind energy market is expected to witness phenomenal growth during the forecast period. Asia Pacific dominated the global onshore wind energy market in 2017. In Asia Pacific increasing installed capacity of electricity along with increasing emphasis on renewable energy in China, India, and Japan is likely to drive onshore wind energy market growth over the forecast period. North America and Europe are also expected to witness significant growth over the forecast period. The increasing concern for clean energy coupled with strict regulations for conventional power generation, encourage the growth in these regions.

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