08-28-2018 08:28 AM CET - Energy & Environment
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Global Wind Turbines Market to 2022| Abb, Bilfinger Offshore Wind Energy, CLP Group, EDP Renewables North America LLC And Guodian United Power Technology

Press release from: Wind Turbines Market



Albany, NY, 28th August : Recent research and the current scenario as well as future market potential of "Wind Turbines: Technologies, Applications and Global Markets" globally.

The global market for wind turbine was valued at $46.3 billion in 2016. The market should reach $51.5 billion in 2017 and $71.2 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.7% from 2017 to 2022.

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Report Includes

52 data tables and 6 additional tables
An overview of the global market for wind turbines
Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
Coverage of key components, including rotor, tower, gearbox, generators, and speed control system
In-depth analysis of the wind turbine industry.
Segmentation of the market by region, technology, application, type, and component
Evaluation of the market's dynamics, specifically growth drivers and inhibitors, as well as government support and regulations
Company profiles of major players in the industry, including: Abb Ltd., Bilfinger Offshore Wind Energy, CLP Group (China Light And Power Group), EDP Renewables North America LLC, Guodian United Power Technology Co. Ltd., Mainstream Renewable Power Ltd., Vestas Wind Systems A/S, Zf Wind Power Antwerpen

Report Scope

The scope of this study encompasses the major wind turbine markets and their component markets. Each market is analyzed to determine its current status (2016), and the future market is forecast (2017 through 2022). Technological issues including the latest trends are discussed. Other factors such as rising energy costs, changing government regulations, and improving efficiencies are reviewed. The wind energy industry is evaluated on a nationwide basis, both from a manufacturing and energy capacity point of view. The report also examines government support and activities of wind industry organizations.

The market size for future onshore and offshore wind power generation has been estimated by studying the possible future technology trends in the market. This report analyzes and forecasts the market volume and revenue for the onshore and offshore wind energy markets and provides an analysis of the market size of wind power in terms of capacity (megawatt, or MW) and revenue in U.S. billion dollars (USD billions).

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Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Intended Audience
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background
Quick Facts About Wind Energy
History of Wind Turbines
Current Records in Wind Turbine Industry
Are There Good Wind Resources?
Is Wind Energy Good for the Economy?
Is the Cost of Wind Power Competitive with Conventional Power Plants?
Basis of Cost of Wind Energy Projects
Wind Energy Project Costs
Can Homeowners Sell Excess Electricity to the Utility?
Wind Energy Present
Wind Energy Future
Development of the Industry
Increased Interest in Renewable Sources of Energy
Heightened Concern About Carbon Emissions
Industry Adolescence
Advantages of Wind Energy
Disadvantages of Wind Energy
Improving Turbine Efficiencies

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Improved Turbine Efficiencies Through Design Innovations
Improved Turbine Efficiencies Using Carbon Fiber
Wind Project Development Steps
Certification and Testing of Wind Turbines
Cost of Producing Wind Energy

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