Wind Energy Market is Thriving with Leading Players: Vestas, ABB Limited, General Electric, Siemens Gamesa Renewable Energy, Nordex, Enercon, Suzlon

[Pages: 1300] Key players profiled in the Wind Energy Market report include Vestas, ABB Limited, General Electric, Siemens Gamesa Renewable Energy, Nordex, Enercon, Suzlon, Doosan Heavy Industries & Construction, Senvion, and Vattenfall.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Tables: 1194
Charts / Figures: 12
Companies covered: 26
Countries covered: 33

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Residential wind energy market is predicted to witness significant growth owing to its wide applications across service and residential buildings. Increasing demand for distributed energy systems across residential sector will boost the business landscape. As per the U.S. Department of Energy, distributed energy systems are feasible for approximately 49 million industrial, commercial, or residential sites which, is equals to more than 42% of the U.S. buildings.

Key Highlights of this report:
Base Year: 2016
Growth Projections – 2017 to 2024.
Historical data coverage: 2013 to 2016

Increasing funding from leading financial institutions including the Green Investment Bank, International Finance Corporation and the World Bank will thrust the wind energy market growth. Furthermore, the technology across the globe has witnessed significant proliferation subject to small-scale funding initiatives from domestic public entities. As of August 2017, Green Investment Bank has allocated USD 4.4 billion for projects toward offshore and onshore renewables, energy efficiency and bioenergy.

Increasing electricity demand along with growing awareness towards sustainable energy will positively impact the China wind energy market share. As per Chinese Wind Energy Association, in 2015, 40 GW of wind power projects were approved, and a total of 115 GW is expected to be added between 2016 and 2020, accounting for a total capacity up to 260 GW.

Ambitious targets toward capacity addition along with favorable government initiatives including tax rebate will boost the deployment of ≥2 MW capacity systems. The introduction of renewable energy certificates and carbon credit will further complement the business outlook. Many countries including the U.S. and UK are primarily shifting their focus toward the replacement of traditional power generation plants with sustainable energy sources.

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Offshore wind energy market is predicted to reach over 13 GW of annual installation by 2024. The Government directives toward energy efficiency along with huge untapped potential will boost the product penetration. In 2017, Horizon 2020 sponsored USD 17.83 million to European Commission project towards reduction of operation and maintenance costs of offshore through integration of advanced monitoring technologies for turbines.

Report Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Market definition and forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Wind energy industry 3600 synopsis, 2013 – 2024

2.1.1. Business trends

2.1.2. Axis trends

2.1.3. Connectivity trends

2.1.4. Installation trends

2.1.5. Application trends

2.1.6. Capacity trends

2.1.7. Regional trends

Chapter 3. Wind Energy Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.4. Innovation & sustainability

3.5. Regulatory landscape

3.5.1. U.S.

3.5.2. Europe

3.5.3. UK

3.5.4. Germany

3.5.5. China

3.6. Cost structure analysis

3.6.1. Capital cost (CAPEX) (Offshore)

3.6.2. Operational cost (OPEX) (Offshore)

3.6.3. Capital cost (CAPEX) (Onshore)

3.7. Global wind capacity addition targets

3.8. Wind energy industry trends and outlook

3.8.1. Cumulative Wind Energy Capacity (December 2016)

3.8.2. New Installed Wind Energy Capacity (December 2016)

3.9. Comparative analysis

3.9.1. Offshore wind & onshore wind

3.9.2. Horizontal axis turbine & vertical axis turbine

3.10. Industry impact forces

3.10.1. Growth drivers

3.10.1.1. North America and Europe

3.10.1.1.1. Stringent emission norms

3.10.1.1.2. Growing deployment of renewable energy

3.10.1.2. Asia-Pacific

3.10.1.2.1. Rapid Industrialization & Urbanization

3.10.1.2.2. Declining component cost

3.10.1.2.3. Growing demand for electricity

3.10.1.3. Latin America and Middle East and Africa

3.10.1.3.1. Rising investments across clean energy sector

3.10.1.3.2. Growing adoption of distributed energy systems

3.10.2. Industry pitfalls & challenges

3.10.2.1. High Capital Cost

3.10.2.2. Geographical constraint

3.11. Growth potential analysis

3.12. Porter's analysis

3.13. Competitive landscape, 2016

3.13.1. Strategy dashboard

3.13.2. Mergers & Acquisitions

3.14. PESTEL analysis

Chapter 4. Wind Energy Market, By Axis

4.1. Global market share by axis, 2016 & 2024

4.2. Horizontal Axis

4.2.1. Horizontal axis market, 2013 – 2024

4.2.2. Horizontal axis market volume by region, 2013 – 2024

4.2.3. Horizontal axis market revenue by region, 2013 – 2024

4.3. Vertical Axis

4.3.1. Vertical axis market, 2013 – 2024

4.3.2. Vertical axis market volume by region, 2013 – 2024

4.3.3. Vertical axis market revenue by region, 2013 – 2024

Research Methodology:
At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data
All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.
Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

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