Wind Turbine Market Prominent players in the market include Enercon, Vestas, General Electric, Nordex Acciona, Siemens Gamesa, Senvion, MHI-Vestas, Goldwind, United Power
Taking into account the widespread expanse of this vertical, prominent contenders have been adopting tried-and-tested as well as unique growth strategies to contribute toward carbon emission reduction. Say for example, recently, in order to consolidate its presence in the green energy industry, GE Renewable Energy Business acquired the WMC test facility center based in Netherlands. At this facility, GE will test wind turbine rotor hubs and provide the research facilities to other wind turbine firms in Netherlands and other European countries. In addition, this well-known green energy contributor is looking forward to carrying out design and manufacturing advancements in wind turbines. A proactive approach like that of GE is certain to expedite wind turbine market trends.
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A latest observation in the wind power dynamics is that the energy output from the wind energy plant remains unmatched with the investment cost, due to an excess of energy transformation losses. Having considered the energy-economic imbalance and the requirement of developing advanced wind energy technology, many regulatory bodies are encouraging industry contributors to carry out extensive, technology oriented research and development activities. Validating the aforementioned fact, recently, the Wind Energy Technologies office of the Department of Energy (DOE) provided funds for the advancement of wind turbines and aims to encourage a spate of research activities with the same. The research plausibly targets cost reduction and lowering the environmental impact of off-shore and land-based wind turbines.
In fact, through the Funding Opportunity Announcement (FOA), the Wind Energy Technologies Office plans to provide funds of approximately USD 6 million, which will be distributed as per the development categories. The continuous involvement of regional governments and regulatory bodies in R&D development activities is thus slated to push wind turbine industry share over the years ahead.
peaking about offshore wind turbine deployment, it would be imperative to state that as on today, companies need more capital for testing and maintaining these systems. In this regard, most of the energy companies are looking forward to using new technology trends including IoT, AI, and automation. In addition, some of the firms have also gone ahead and signed agreement contracts with several technology companies in the automation sector to maintain the energy consistency.
Citing an instance justifying the aforesaid statement, the leading developer of offshore wind farms, Ørsted recently collaborated with the renowned robotics solutions provider for wind energy industry, SkySpecs, that will inspect Ørsted’s offshore wind turbine installed at the Irish sea. SkySpecs will provide its robust and precise software-based inspection facilities, which will take approximately fifteen minutes to test turbine blades. The use of advanced analytics dashboards and repair planning workflows will reduce the overall maintenance cost of wind energy plant.
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Chapter 1. Methodology and Scope
1.2. Market definitions
1.3. Market estimation & forecast parameters
1.4. Data Sources
220.127.116.11. Paid Sources
18.104.22.168. Public Sources
Chapter 2. Executive Summary
2.1. Wind Turbine industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Axis trends
2.1.3. Installation trends
2.1.4. Connectivity trends
2.1.5. Rating trends
2.1.6. Application trends
2.1.7. Component trends
2.1.8. Regional Trends
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