Challenges Wind Turbine Industry & Revenue from Wind Turbines REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Increased Government Participation in Emerging and New Market and Private and Corporate Participation in Established Markets will Lead the Growth of Wind Turbine Market. Global wind turbine market has registered a constant growth in terms of demand based on cumulative installed capacity. In 2015, the market achieved its peak in terms of demand for new wind turbines with China contributing nearly half of the total demand. Global demand for new wind turbine has increased constantly from 2011 to 2015 before registering a decline in 2016. China has emerged as the key player which has huge impact on the global wind turbine market. Since majority of the demand for wind turbines in China was being met by domestic companies there was little penetration of global companies. Region wise, Asia leads the market followed by Europe and North America. Contribution from Middle East and Africa was very low with major contribution coming from South Africa. China leads the demand for wind turbine market followed by the US, Germany and India. Onshore wind turbine dominated the market contributing almost the entire demand for wind turbine. Demand for offshore wind turbine was on rise as price of installation and turbines had fallen significantly in the last five years. Europe dominates the market in offshore wind turbines demand with UK leading the market. All the top five countries on the basis of cumulative installed capacity in offshore wind turbine market were from Europe. Vestas was the leading player in the global wind turbine market with significant presence outside its home country. Other major players included Nordex, Enercon, GE Renewables, Ming Yang, Siemens, Gamesa, GoldWind, Suzlon, Senvion and RRB Energy. Goldwind was the leading player in China and was third largest player (globally) based on cumulative installed capacity. Significant private participation was witnessed in developed markets such as the US Germany, UK, and others with corporates playing a very crucial role. Government is the major investor in emerging and new markets. Falling LCOE, improved load factor and improved learning curve has made the wind energy cheaper than other sources of energy in many markets such as Germany. Intermittent power supply and grid related infrastructure was the key hurdle in development of wind energy. According to the report “Global Wind Turbine Market by Type (Onshore, Offshore), by Services and Installation Revenue, Regions, Installed Capacity – Outlook to 2021” by Ken Research, the market for global wind turbine will be driven by falling prices of electricty generation from wind turbines and lower cost of installation per MW leading to increased installed capacity. Global manufacturers including Siemens Gamesa, GE and Vestas will develop the majority of projects and Chinese companies will continue their dominances in their home country. Investment in offshore wind projects will gain momentum. For more information on the research report, refer to below link: https://www.kenresearch.com/energy-and-utilities/clean-technology/global-wind-turbine-market/142273-103.html Related Reports India Solar Inverter Market Outlook to 2020 – Continuous Government Support and Advent of Micro Solar Inverter to Foster Future Growth India Reactive Power Compensation Market Outlook to 2020 – Rising Industrial Output and Renewable Energy Integration to Foster Growth UAE Genset Market Outlook to 2021 – Rising Number of Construction Projects and Commercial Sector to Foster Growth Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: Australia Wind Turbine Industry, Brazil Wind Farm Market, Brazil Wind Turbine Installation, Business Model Wind Turbine Industry, Challenges Wind Turbine Industry, China Wind Installed Capacity, China Wind Turbine Sales, China Wind Turbines Industry Trends, Global Offshore Wind Turbine Market, Global Wind Turbine Market, India Wind Turbine Market Size, Installation Cost Wind Turbines, Installed Capacity Wind Turbines, Japan Wind Turbine Sales, Market Share Wind Turbine Manufacturers, Operation Maintenance Revenue Wind Turbines, Revenue from Wind Turbines in US, Turkey Wind Turbines Market, US Onshore Wind Turbine Industry, US Wind Turbine Capacity Addition, Value Chain World Wind Turbine Market, Wind Turbine Manufacturers in China