Wind Tower Market : Outlook, Competitive Landscape and Forecasts to 2024

Wind Tower Market: Overview

The height at which a wind turbine is located is arguably the most important determinant of its performance and efficiency. This is where a wind tower acts as a crucial component. A wind tower is a tall structure, at the upper end of which the nacelle and the wind turbine are mounted. The length of the wind tower depends largely on the energy generation capacity of the turbine and the size of its blades. A wind tower with large blades that's not high enough could cause the blades to come in contact with structures on the ground. Thus, to keep the long blades of the wind turbine clear of the ground and other objects, it is imperative to choose a wind tower with an optimal height.

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While it is evident that the sturdiness of a wind tower is crucial, it is important for these components to also be low on maintenance and be able to endure continued exposure to the environment. The height of the wind tower has an impact on power generation - the higher the tower the greater wind speeds it exposes the turbine to. Moreover, taller wind towers also take the wind turbine beyond the turbulence zone.

Investments in wind towers are determined based on how heavy the nacelle and turbine are. The strength and stability of a wind tower, in turn, is directly influenced by the material it is made of, its gauge, and weight. The application is what primarily influences the design of a wind tower. Thus, wind towers for onshore applications are decidedly different from towers meant for offshore use.

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The key companies operating in the global wind tower market include: Suzlon Energy Limited, ENERCON GmbH, CS Wind Corporation, GE, Siemens AG, and others.

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