2021 Wind Electricity Market | Revenue Generation, Estimated Growth, Industry Insights, Trends Analysis, And Future Prospects

The Business Research Company offers "Wind Electricity Global Market Report 2021 - By Connectivity (On-Grid, Off-Grid), By End-User (Industrial, Commercial, Residential), By Location (Onshore, Offshore), COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

The wind electricity market report describes and explains the global wind electricity market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The wind electric power generation market consists of sales of wind power and related services. The wind electric power generation industry includes establishments engaged in producing electricity by using wind turbines. The wind energy is converted to electric power through the rotation of the blades of a rotor (between 10 and 25 rpm), producing kinetic energy, which in turn drives a generator that converts the mechanical energy into electricity. The electricity produced is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations, and to distribution systems, which are used for short distances to transport electricity to customers locally. This market includes revenues generated from both offshore and onshore wind turbines.

The global wind electricity market is expected to grow from $62.84 in billion 2020 to $68.77 billion in 2021 at a compound annual growth rate (CAGR) of 9.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $111.84 billion in 2025 at a CAGR of 13%.

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Some of the major players of the wind electricity market are Ming Yang Smart Energy Group Ltd., NextEra Energy Resources, LLC, Pacific Hydro Pty Ltd., Shell Wind Energy, Inc., Trans Alta Corporation, Xinjiang Gold Wind Science & Technology Co., Ltd., Berkshire Hathaway Energy, Pattern Energy, and Iberdrola Renewables.

The countries covered in the global wind electricity market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global wind electricity market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global wind electricity market is segmented -
1) By Connectivity: On-Grid, Off-Grid
2) By End-User: Industrial, Commercial, Residential
3) By Location: Onshore, Offshore

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Few Points From Table Of Content
1. Executive Summary
2. Wind Electric Power Generation Market Characteristics
3. Wind Electric Power Generation Market Trends And Strategies
4. Impact Of COVID-19 On Wind Electric Power Generation
5. Wind Electric Power Generation Market Size And Growth
…
26. Africa Wind Electric Power Generation Market
27. Wind Electric Power Generation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wind Electric Power Generation Market
29. Wind Electric Power Generation Market Future Outlook and Potential Analysis
30. Appendix

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