Italy Wind Energy Market 2021 Status and Growth Outlook - Vestas Wind Systems A/S, EDP Renovaveis S/A

The Italy Wind Energy Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Italy wind energy market is expected to grow at a CAGR of more than 4.5% during the forecast period 2020-2025.

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Top Leading Companies of Italy Wind Energy Market are ERG S.p.A, Enel Green Power S.p.A., Vestas Wind Systems A/S, EDP Renovaveis S/A, Senvion SA and others.

Key Market Trends

Increasing Deployment of Solar Energy is likely to Hinder the Growth of the Market

- Italy is one of the leading countries for the production of solar energy. Italy has a very vast solar energy potential, mean annual solar radiation ranges from 3.6 kWh per square meter per day in the Po river plain area, to 4.7 kWh per square meter per day in Central-Southern Italy, to 5.4 kWh per square meter per day in Sicily.

- At the end of 2018, the renewable energy generation by solar has reached 23.2 TWh with higher growth rate by the usage of the country's abundant solar resources with newer technology.

- The major driving factor in the Italian PV market has been solar rooftops, and the number of solar installation projects with more than 1 MW capacity increased in 2018. Italy deployed around 792 MW of solar generation capacity in 2019.

- In 2020, Spanish utility-scale solar plants developer Powertis has unveiled plans to develop a portfolio of 500MW solar photovoltaic (PV) projects in Italy.

- The Italian solar PV covers 7.7% of the national energy demand, with an installed capacity of 20906 MW in 2019. According to the National Energy and Climate Plan, solar capacity is forecast to increase to around 50900 MW by 2030. Hence, the solar energy installation is ought to increase during the forecast period and is likely to hinder the market.

Regional Outlook of Italy Wind Energy Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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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 Italy Wind Energy 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.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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