Press release
Wind Turbines Market Global Analysis by Outlook Profiling • Vestas • GE Wind Turbines • Goldwind • Siemens Gamesa • Enercon • Nordex Acciona • United Power • Mingyang • Envision • Suzlon
A $157 billion market worldwide in 2017, the wind turbine market has evolved rather steadily. With the world general recognizing the need to embrace renewable energy, wind turbines have emerged as the go to technology of choice. While most offshore wind turbines are being put in more remote settings, they are still being put in place, mostly in as shallow waters as can be found.
The global market for Wind Turbines at $157 billion in 2017 is anticipated to reach $254 billion in 2024. Vestas and GE among others are driving wind turbines as their clients are making further investments in development of renewable energy.
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The 2018 study has 170 pages, 100 tables and figures. Wind Turbines market are poised to achieve continuing growth as wind turbines prove their value by managing to capture significant amounts of renewable energy that can be used as electricity. Lowering electrical generation costs is a key benefit.
Onshore wind turbine markets continue to grow. There is a strategic move to use the wind energy where it is generated. The ability to use wind electricity where it is generated as much as possible appears to be the most cost-efficient way to leverage renewable energy.
Demand prospects remain positive. Emerging markets continue to play a role. Renewal of auctions is reactivating mature markets.
Companies Profiled: Market Leaders
• Vestas
• GE Wind Turbines
• Goldwind
• Siemens Gamesa
• Enercon
• Nordex Acciona
• United Power
• Mingyang
• Envision
• Suzlon
Southern Europe is reactivating mature markets with auctions. Activating new markets in Argentina and Russia is being achieved. Excluding China, the global market demand for installations is expected to increase by 8% from 36 GW in 2017 to 45 GW in 2020.
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Key Topics Covered - Wind Turbines
Storage of Wind Generated Electricity
Wind Energy Leverages Smart Grid
Electricity Hub Distribution
Renewable Energy
Low Auction Prices Transform Wind into Mainstream Energy Source
Transition to Auctions
Geared vs. Direct Technology
Onshore Wind Turbine
Offshore Wind Turbine
Vertical Wind Turbines
Horizontal Wind Turbines
Wind Turbine Scale
Wind Turbine Global Reach
Wind Turbine Local Presence
Digital Wind Turbine Transformation
Global Warming
Increase in Energy Yield
boundaries
Table of Contents
Abstract: Wind Turbine Markets Bring Strong Growth to Renewable Energy Projects 1
Wind Turbine Executive Summary 13
1. Wind Turbine: Market Description and Market Dynamics 14
1.1 Go to Market Strategies 15
2. Wind Turbine Market Shares and Forecasts 17
2.1 Wind Turbine Market Driving Forces 17
2.1.1 Local Generation of Wind Energy 17
2.1.2 Wind Energy Leverages Smart Grid 17
2.1.3 Wind Turbine Market Saturation In Areas of High Wind 18
3. Wind Turbine Opportunity Description 75
3.1 Utility Scale Wind Turbine Projects 75
3.2 Software for Onshore Wind 76
3.3 Electricity Storage 79
4. Wind Turbine Research and Technology 81
5. Wind Turbine Company Profiles 82
5.1 Enercon 82
5.2 Envision 84
5.3 Eveready Diversified Products 84
5.3.1 Kestrel Wind Turbines 84
5.3.2 Eveready South Africa Brands 85
6. Research Findings and Conclusion 164
7. Selected List of Companies 164
WinterGreen Research, 165
WinterGreen Research Methodology 166
WinterGreen Research Process 167
Market Research Study 168
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