Press release
Global Wind Electricity Market Size 2022 - Industry Growth, Revenue, Latest Trends and Forecast To 2031
Wind Electric Power Generation Market
The regions covered in the wind electric power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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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.
Key competitors in the wind electric power generation market include Ming Yang Smart Energy Group Ltd., NextEra Energy Resources, LLC, Pacific Hydro Pty Ltd., Shell WindEnergy, Inc., TransAlta Corporation, Xinjiang GoldWind Science & Technology Co., Ltd., Berkshire Hathaway Energy, Pattern Energy, IBERDROLA Renewables, EON Climate & Renewables, Alstom, ABO-Wind, Vattenfall, A2 Sea, Tradewind Energy, Geronimo, ReGen Powertech, Leitwind, Doosan Heavy Industries & Construction.
The global wind electricity market size is expected to grow from $89.66 in billion 2021 to $104.18 billion in 2022 at a compound annual growth rate (CAGR) of 16.2%. The growth in the wind electricity market 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 wind electricity market is expected to reach $184.97 billion in 2026 at a CAGR of 15.4%.
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TBRC’s report segments the global wind electric power generation market:
1) By Connectivity: On-Grid, Off-Grid
2) By End-User: Industrial, Commercial, Residential
3) By Location: Onshore, Offshore
Read further on the wind electric power generation market here:
https://www.thebusinessresearchcompany.com/report/wind-electricity-global-market-report
The Table of Contents includes:
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 Market
5. Wind Electric Power Generation Market Size And Growth
.....
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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