Wind Turbine Market Industrial Applications Witness Fastest Growth up to 2024
Wind Turbine Market, Wind Turbine Market Study, Wind Turbine Market Size, Wind Turbine Market Segmentation, Wind Turbine Market Gr
Top Manufacturers and players are given bellow:-
General Electric, Gamesa, Vestas, Senvion, Enercon, Siemens, Goldwind, Nordex Acciona, MHI-Vestas, Suzlon, United Power, Envision Energy, Mingyang, WEG SA, Wobben, Clipper, LM Windpower, Bergey, Impsa, Enessere and Northern Power Systems.
Wind Turbine Market share will exceed USD 70 billion by 2024. Rising energy demand from private wind farm projects and utility aided sustainable establishments has positively influenced the industrial regime, across the globe. The major concern for industrial participants and utilities is to maintain a balance between the demand and supply of these units which in turn has intensified investments toward the improvement of renewable power generation technologies.
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Europe wind turbine market is anticipated to witness an annual installation of over 20 GW by 2024. Low carbon emission, cost efficiency when compared to non-renewable energy sources and sustainable generation tariffs are few key parameters influencing the adoption of these technologies. Europe, in 2017, installed 16.8 GW additional wind power capacity, with 12,484 MW from onshore and 3,154 MW from offshore deployments.
Technological integration of distributed generation in existing energy applications will boost the > 2 MW product penetration. Cost competitiveness, low emissions, improved efficiency favored by improved technological proximity are few key parameters enhancing the acceptance of these units. In addition, the present development in technologies including flexibility of un-recuperated and recuperated systems and enhanced efficiency will further propel the wind turbine market.
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Wind Turbine Market Size By Axis
Horizontal {Up-wind, Down-wind}, Vertical), By Installation (Onshore, Offshore)
By Connectivity
Grid Connected, Stand Alone)
By Rating (< 100 kW, 100 kW to 250 kW, > 250 kW to 500 kW, > 500 kW to 1 MW, 1 MW to 2 MW, > 2 MW)
By Application
Utility, Industrial {Manufacturing Industries, Process Industries, Chemical Industries}, Commercial {Education, Office, Government/Military}, Residential
By Component
Rotor Module, Nacelle Module, Tower Module
Industry Analysis Report, Regional Outlook
U.S., Canada, Mexico, Germany, Spain, UK, France, Italy, Sweden, Poland, Denmark, Portugal, Netherlands, Ireland, Romania, Belgium, Austria, China, India, Australia, Japan, South Korea, Vietnam, Thailand, Philippines, Taiwan, South Africa, Egypt, Morocco, Ethiopia, Tunisia, Jordan, Brazil, Chile, Argentina, Uruguay
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