The global fossil fuel dependency is expected to cause significant social and economic fluctuations. An economy that is based on fossil fuel is highly unsustainable. The efforts taken to reduce such an impact and reduce its usage and dependence has paved way for alternate and renewable sources of energy. Alternate sources, such as wind energy, is one of the most sought after options since it is the least expensive power generating option. Increasing number of locations for capacity additions in newer markets such as Africa, Asia, Central, and South America is driving the wind power generation. Both onshore and offshore wind power generation have contributed to the improvement of wind energy's economics in varied operating conditions and wind regimes.
According to the report, the offshore wind is consistent and powerful, and has higher wind speed and fewer environmental concerns. Offshore wind projects are suitable for large-scale development that can lead to increased demand for wind turbine components. Also, floating turbine is another prospect for the future, which will significantly contribute to wind installation. A floating wind turbine is an offshore wind turbine that is mounted on a structure and can float in the ocean, thereby allowing for wind power generation in difficult ocean terrains.
In 2019, the market size of Wind Turbine Components is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wind Turbine Components.
This report studies the global market size of Wind Turbine Components, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Wind Turbine Components production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
GE Renewable Energy
Goldwind
Siemens
Suzlon
Vestas
Enercon
Gamesa
LM Wind Power
MFG
Nordex
Senvion
TPI
Market Segment by Product Type
Shallow Water
Transitional Water
Deep Water
Market Segment by Application
On-Shore
Off-Shore
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Wind Turbine Components status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Wind Turbine Components manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Wind Turbine Components are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Wind Turbine Components. Industry analysis & Market Report on Wind Turbine Components is a syndicated market report, published as Global (United States, European Union and China) Wind Turbine Components Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Wind Turbine Components market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.