What Role is China Playing in Robust Wind Tower Market Growth?

The average global temperature has risen by 0.85 degree Celsius between 1880 and 2012, according to the United Nations. Global warming is a direct result of the emission of greenhouse gases (GHG) from the burning of fossil fuels, especially at power plants. This is why, governments across the world are strongly pursuing the generation of electricity from clean sources, such as water, the wind, and the sun. Apart from implementing strict regulations to control the GHG emissions from the power sector, several countries are also offering tax benefits and financial support to boost the production of renewable energy.

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It is due to such steps that the wind tower market is swiftly progressing across the world. In simple terms, a wind tower is that tall, often-conical pole, on which the wind turbine and other equipment required to generate electricity are attached. Such infrastructure can be a tubular steel, concrete, hybrid, lattice or guyed pole tower. Among these, the installation of tubular-steel towers has beenthe highest in the past, as they are cheaper as well as strong and durable. The diameter of their base is generally 5 meters, while their tops have a diameter of 2 meters.

In the coming years, hybrid towers would witness the most rapidly growing preference, as they are manufactured with tubular steel as well as concrete, the latter of which is majorly used at the towers' base. Such variants are ideal for situations in which the height of the tower has to be more than 100 meters. Technological advancements have led to the use of welded steel, instead of concrete, in conjunction with tubular steel. This results in less material consumption, which brings down the infrastructure manufacturing and installation costs.

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Currently, Asia-Pacific (APAC) generates the largest requirement for windmill components, due to the high demand for electricity and considerable demand-supply gap, primarily in emerging economies. This is why during 2012¬-2014, the total installed capacity of wind farms in the region increased from 100.8 GW to 146.4 GW. Within APAC, the wind tower market in China is the most productive, as a result of the swift industrialization and population growth, which have quickly increased the demand for electricity. Additionally, the government here is promoting renewable energy, on account of the extreme pollution levels in the nation.

Leading players in the market include Vestas Wind Systems A/S, CS Wind Corporation, Siemens AG, WINDAR Renovables, Trinity Structural Towers, Inc., ENERCON GmbH, Shanghai Taisheng Wind Power Equipment Co. Ltd., KGW Schweriner Maschinen-und Anlagenbau GmbH Suzlon Energy Limited and General Electric Company.

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This release was published on openPR.