Airborne Wind Turbines Market 2021 Analysis by Global Manufacturers - Enercon, Vestas, GE Energy, Nordex Group, Siemens, Senvion

The Airborne Wind Turbines Market Research Report is an in-depth study that provides industry-leading insight into existing and emerging growth patterns, end-user analysis, and other key data that have been tested and validated by experts and industry professionals. The report studies the market for importance, share, Status, demand and supply, models, competitive landscape, industry chain analysis, and other significant factors. The report also provides a detailed overview of the driving forces of the industry, along with the micro and macro-economic factors that are likely to affect its development.

Airborne Wind Turbine Market registered a CAGR of 8.7% over the forecast period of 2021-2026.

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The Top Key Players in the Global Airborne Wind Turbines Market are: Enercon, Vestas, GE Energy, Nordex Group, Siemens, Senvion, Goldwind, United Power, Envision Energy, Suzlon and Others

Industry News and Update:

- Sep 2019 - Vestas received a 34 MW order for the Haramsfjellet wind project on the island of Haramsya in western Norway. Vestas has developed a solution to fit the site’s wind conditions that include eight V136-4.2 MW turbines and a long-term service contract to optimize energy production for the lifetime of the project in a high wind location. With a robust design for tough wind sites, the turbine is well-suited for the challenging climatic conditions that are commonly found in Norway’s western coastline.

- Jun 2019 - GE announced the availability of three new grid analytics that combines domain expertise with artificial intelligence (AI) and machine learning (ML) to tackle pressing challenges in electric grid operations. The analytics use data from across transmission and distribution networks to help achieve goals for operational efficiency.

Key Market Trends:

Offshore Application to Have Substantial Growth in the Airborne Wind Turbines Market

- The increasing size of wind turbines has helped reduce the cost of wind energy to the point that it is economically competitive with fossil-fuel alternatives in some areas. New research published in the journal Nature Energy hints that offshore turbines have the opportunity to grow, offering the promise that this already-mature energy technology will see more lowering costs in the future. Offshore wind farms have helped set up wind energy harvesting farms on the water surface. Larger turbines are on the horizon, allowing a further decrease in the price of wind energy on land and offshore.
- Offshore turbines will continue to grow, with most projects in planning today expecting to use turbines in the 6-8 MW range. In part, this is owing to the easier logistics of transporting massive components by sea. But, in addition, the non-turbine costs of building offshore wind plants (and especially the cost of the foundation and installation) are immense. Reducing those costs on a per-MW basis through growth in turbine size is a decided advantage.
- Offshore wind is supposed to see more dramatic changes, with 11 MW turbines being constantly deployed in fixed-bottom applications by 2030. Offshore turbines go well past current commercial product offerings, which broadly focus on turbines 8 MW and below, but are consistent with the plans of significant manufacturers to have prototypes of 10+ MW turbines by 2020. For instance, turbines stationed in North America are anticipated to be somewhat smaller than in Europe (9 MW), perhaps reflecting the fact that North America is currently lagging Europe in offshore development.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Airborne Wind Turbines Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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