Global Wind Tower Market to grow at a CAGR of 9.95% during 2017-2021

About Wind Towers

The wind is one of the cleanest sources of power generation. Wind turbines harness the power of the wind to generate electricity. The energy present in the wind turns the blades around a rotor, which is connected to the main shaft that spins a generator to create electricity. A wind tower is the support structure for a wind turbine and its other components. It helps the wind turbine blades to safely clear the ground and elevate the turbine to an optimum height to generate electrical energy from the wind. As speed increases with altitude, it is better to install tall wind towers to produce maximum output.

Technavios analysts forecast the global wind tower market to grow at a CAGR of 9.95% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global wind tower market for 2017-2021. To calculate the market size, the report considers the annual installed capacity of wind and the average price of wind tower.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Wind Tower Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
CS Wind
Enercon
Shanghai Taisheng Wind Power Equipment
Trinity Structural Towers
Vestas
WINDAR Renovables

Other prominent vendors
AMBAU

BiFab

Dongkuk Steel

DCD Wind Towers

Gamesa

GE Renewable Energy

KGW

Siemens

Suzlon

WinWinD Power Energy

Petrosteel

Reuther STC

Nordex

Market driver
Increase in rotor diameter
For a full, detailed list, view our report

Market challenge
Development of airborne wind turbines
For a full, detailed list, view our report

Market trend
Increase in demand for clean power
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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