Market Scenario
Global Wind Turbine Market was valued US $ 94.05 bn in 2017 and is expected to reach US$ 150.02 bn by 2026, at a CAGR of 6.02 % during a forecast period.
Global Wind Turbine Market
Wind turbine market is segmented by type of wind farm, application and geography. Based on wind farm, wind turbine market is divided into onshore and offshore wind turbine. Based on application, the Global wind turbine market is classified into industrial, commercial, and residential. By geography, Global wind turbine market is categorised into North America, Europe, Asia-Pacific, and Latin America.
Rising investment toward effective R&D of wind-based power technologies along with increasing acceptance of large capacity projects will expansively influence the growth in the Global wind turbine market. Expanding industrial contention has rendered significant decrease in the prices of rotor modules in line with effective effectiveness & volume manufacturing driving the growth in the Global wind turbine market. Furthermore, heavy investment for the production and installation of wind turbines hampers the growth of the market. Inefficiency in the supply chain is estimated to hinder industry demand over the forecast period.
The offshore wind turbine market is projected to large market share in the Global wind turbine market. Positive supervisory inclination coupled with long term incorporation targets will drive the global industry subtleties. Advanced efficiency and cost effectiveness are some of the important parameters which will accompaniment the industry dynamics. Enhanced operating activity figures when compared to its complements will further improve the technological demand.
Asia-Pacific dominates the global wind turbine market. India is the most rewarding country in the wind turbine market. There is addition of wind energy connection capacity along with growth in investment in wind energy and onshore wind energy projects. Furthermore, Europe is estimated to witness the highest growth rate owing to the upsurge in wind installation capacity which is more than any other form of power generation in Europe. Growth in investment for construction of new wind farms, project achievements, and refinancing operations are anticipated to boost the European wind turbine market.
Some of the major key players in the Global wind turbine market includes Nordex Acciona, Senvion, Goldwind, MHI-Vestas, United Power, Vestas, Enercon, General Electric, Siemens Gamesa Suzlon, Envision Energy, Wobben, Mingyang, WEG SA, Clipper, Impsa, LM Windpower, Bergey, Northern Power Systems, and Enessere.
Scope of Global Wind Turbine Market:
Global Wind Turbine Market, By Type of Wind Farm
• Onshore
• Offshore
Global Wind Turbine Market, By Application
• Industrial
o Power generation
o Telecommunication
o Agriculture
• Commercial
• Residential
Global Wind Turbine Market, By Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Global Wind Turbine Market:
• Suzlon
• Nordex Acciona
• Senvion
• Goldwind
• MHI-Vestas
• United Power
• Vestas
• Enercon
• General Electric
• Siemens
• Gamesa
• Envision Energy
• Wobben
• Mingyang
• WEG SA
• Clipper
• Impsa
• LM Windpower
• Bergey
• Northern Power Systems
• Enessere
Table of Contents
Global Wind Turbine Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Wind Turbine Market Size, by Market Value (US$ Bn) and Market Volume (Units)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
4.8. Key Trend in Global Wind Turbine Market
5. Supply Side and Demand Side Indicators
6. Global Wind Turbine Market Analysis and Forecast
6.1. Global Wind Turbine Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7. Global Wind Turbine Market Analysis and Forecast, by Type of Wind Farm
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Wind Turbine Market Value Share Analysis, by Type of Wind Farm
7.4. Global Wind Turbine Market Size (US$ Bn) Forecast, by Type of Wind Farm
7.5. Global Wind Turbine Market Analysis, by Type of Wind Farm
7.6. Global Wind Turbine Market Attractiveness Analysis, by Type of Wind Farm
8. Global Wind Turbine Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Wind Turbine Market Value Share Analysis, by Application
8.4. Global Wind Turbine Market Size (US$ Bn) Forecast, by Application
8.5. Global Wind Turbine Market Analysis, by Application
8.6. Global Wind Turbine Market Attractiveness Analysis, by Application
9. Global Wind Turbine Market Analysis, by Region
9.1. Global Wind Turbine Market Value Share Analysis, by Region
9.2. Global Wind Turbine Market Size (US$ Bn) Forecast, by Region
9.3. Global Wind Turbine Market Attractiveness Analysis, by Region
10. North America Wind Turbine Market Analysis
10.1. Key Findings
10.2. North America Wind Turbine Market Overview
10.3. North America Wind Turbine Market Value Share Analysis, by Type of Wind Farm
10.4. North America Wind Turbine Market Forecast, by Type of Wind Farm
10.4.1. Onshore
10.4.2. Offshore
10.5. North America Wind Turbine Market Value Share Analysis, by Application
10.6. North America Wind Turbine Market Forecast, by Application
10.6.1. Industrial
10.6.1.1. Power generation
10.6.1.2. Telecommunication
10.6.1.3. Agriculture
10.6.2. Commercial
10.6.3. Residential
10.7. North America Wind Turbine Market Value Share Analysis, by Country
10.8. North America Wind Turbine Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Wind Turbine Market Analysis, by Country
10.10. U.S. Wind Turbine Market Forecast, by Type of Wind Farm
10.10.1. Onshore
10.10.2. Offshore
10.11. U.S. Wind Turbine Market Forecast, by Application
10.11.1. Industrial
10.11.1.1. Power generation
10.11.1.2. Telecommunication
10.11.1.3. Agriculture
10.11.2. Commercial
10.11.3. Residential
10.12. Canada Wind Turbine Market Forecast, by Type of Wind Farm
10.12.1. Onshore
10.12.2. Offshore
10.13. Canada Wind Turbine Market Forecast, by Application
10.13.1. Industrial
10.13.1.1. Power generation
10.13.1.2. Telecommunication
10.13.1.3. Agriculture
10.13.2. Commercial
10.13.3. Residential
10.14. North America Wind Turbine Market Attractiveness Analysis
10.14.1. By Type of Wind Farm
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments
11. Europe Wind Turbine Market Analysis
11.1. Key Findings
11.2. Europe Wind Turbine Market Overview
11.3. Europe Wind Turbine Market Value Share Analysis, by Type of Wind Farm
11.4. Europe Wind Turbine Market Forecast, by Type of Wind Farm
11.4.1. Onshore
11.4.2. Offshore
11.5. Europe Wind Turbine Market Value Share Analysis, by Application
11.6. Europe Wind Turbine Market Forecast, by Application
11.6.1. Industrial
11.6.1.1. Power generation
11.6.1.2. Telecommunication
11.6.1.3. Agriculture
11.6.2. Commercial
11.6.3. Residential
11.7. Europe Wind Turbine Market Value Share Analysis, by Country
11.8. Europe Wind Turbine Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Wind Turbine Market Analysis, by Country
11.10. Germany Wind Turbine Market Forecast, by Type of Wind Farm
11.10.1. Onshore
11.10.2. Offshore
11.11. Germany Wind Turbine Market Forecast, by Application
11.11.1. Industrial
11.11.1.1. Power generation
11.11.1.2. Telecommunication
11.11.1.3. Agriculture
11.11.2. Commercial
11.11.3. Residential
11.12. U.K. Wind Turbine Market Forecast, by Type of Wind Farm
11.12.1. Onshore
11.12.2. Offshore
11.13. U.K. Wind Turbine Market Forecast, by Application
11.13.1. Industrial
11.13.1.1. Power generation
11.13.1.2. Telecommunication
11.13.1.3. Agriculture
11.13.2. Commercial
11.13.3. Residential
11.14. France Wind Turbine Market Forecast, by Type of Wind Farm
11.14.1. Onshore
11.14.2. Offshore
11.15. France Wind Turbine Market Forecast, by Application
11.15.1. Industrial
11.15.1.1. Power generation
11.15.1.2. Telecommunication
11.15.1.3. Agriculture
11.15.2. Commercial
11.15.3. Residential
11.16. Italy Wind Turbine Market Forecast, by Type of Wind Farm
11.16.1. Onshore
11.16.2. Offshore
11.17. Italy Wind Turbine Market Forecast, by Application
11.17.1. Industrial
11.17.1.1. Power generation
11.17.1.2. Telecommunication
11.17.1.3. Agriculture
11.17.2. Commercial
11.17.3. Residential
11.18. Spain Wind Turbine Market Forecast, by Type of Wind Farm
11.18.1. Onshore
11.18.2. Offshore
11.19. Spain Wind Turbine Market Forecast, by Application
11.19.1. Industrial
11.19.1.1. Power generation
11.19.1.2. Telecommunication
11.19.1.3. Agriculture
11.19.2. Commercial
11.19.3. Residential
11.20. Rest of Europe Wind Turbine Market Forecast, by Type of Wind Farm
11.20.1. Onshore
11.20.2. Offshore
11.21. Rest of Europe Wind Turbine Market Forecast, by Application
11.21.1. Industrial
11.21.1.1. Power generation
11.21.1.2. Telecommunication
11.21.1.3. Agriculture
11.21.2. Commercial
11.21.3. Residential
11.22. Europe Wind Turbine Market Attractiveness Analysis
11.22.1. By Type of Wind Farm
11.22.2. By Application
11.23. PEST Analysis
11.24. Key Trends
11.25. Key Developments
12. Asia Pacific Wind Turbine Market Analysis
12.1. Key Findings
12.2. Asia Pacific Wind Turbine Market Overview
12.3. Asia Pacific Wind Turbine Market Value Share Analysis, by Type of Wind Farm
12.4. Asia Pacific Wind Turbine Market Forecast, by Type of Wind Farm
12.4.1. Onshore
12.4.2. Offshore
12.5. Asia Pacific Wind Turbine Market Value Share Analysis, by Application
12.6. Asia Pacific Wind Turbine Market Forecast, by Application
12.6.1. Industrial
12.6.1.1. Power generation
12.6.1.2. Telecommunication
12.6.1.3. Agriculture
12.6.2. Commercial
12.6.3. Residential
12.7. Asia Pacific Wind Turbine Market Value Share Analysis, by Country
12.8. Asia Pacific Wind Turbine Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Wind Turbine Market Analysis, by Country
12.10. China Wind Turbine Market Forecast, by Type of Wind Farm
12.10.1. Onshore
12.10.2. Offshore
12.11. China Wind Turbine Market Forecast, by Application
12.11.1. Industrial
12.11.1.1. Power generation
12.11.1.2. Telecommunication
12.11.1.3. Agriculture
12.11.2. Commercial
12.11.3. Residential
12.12. India Wind Turbine Market Forecast, by Type of Wind Farm
12.12.1. Onshore
12.12.2. Offshore
12.13. India Wind Turbine Market Forecast, by Application
12.13.1. Industrial
12.13.1.1. Power generation
12.13.1.2. Telecommunication
12.13.1.3. Agriculture
12.13.2. Commercial
12.13.3. Residential
12.14. Japan Wind Turbine Market Forecast, by Type of Wind Farm
12.14.1. Onshore
12.14.2. Offshore
12.15. Japan Wind Turbine Market Forecast, by Application
12.15.1. Industrial
12.15.1.1. Power generation
12.15.1.2. Telecommunication
12.15.1.3. Agriculture
12.15.2. Commercial
12.15.3. Residential
12.16. ASEAN Wind Turbine Market Forecast, by Type of Wind Farm
12.16.1. Onshore
12.16.2. Offshore
12.17. ASEAN Wind Turbine Market Forecast, by Application
12.17.1. Industrial
12.17.1.1. Power generation
12.17.1.2. Telecommunication
12.17.1.3. Agriculture
12.17.2. Commercial
12.17.3. Residential
12.18. Rest of Asia Pacific Wind Turbine Market Forecast, by Type of Wind Farm
12.18.1. Onshore
12.18.2. Offshore
12.19. Rest of Asia Pacific Wind Turbine Market Forecast, by Application
12.19.1. Industrial
12.19.1.1. Power generation
12.19.1.2. Telecommunication
12.19.1.3. Agriculture
12.19.2. Commercial
12.19.3. Residential
12.20. Asia Pacific Wind Turbine Market Attractiveness Analysis
12.20.1. By Type of Wind Farm
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trends
12.23. Key Developments
13. Middle East & Africa Wind Turbine Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Wind Turbine Market Overview
13.3. Middle East & Africa Wind Turbine Market Value Share Analysis, by Type of Wind Farm
13.4. Middle East & Africa Wind Turbine Market Forecast, by Type of Wind Farm
13.4.1. Onshore
13.4.2. Offshore
13.5. Middle East & Africa Wind Turbine Market Value Share Analysis, by Application
13.6. Middle East & Africa Wind Turbine Market Forecast, by Application
13.6.1. Industrial
13.6.1.1. Power generation
13.6.1.2. Telecommunication
13.6.1.3. Agriculture
13.6.2. Commercial
13.6.3. Residential
13.7. Middle East & Africa Wind Turbine Market Value Share Analysis, by Country
13.8. Middle East & Africa Wind Turbine Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Wind Turbine Market Analysis, by Country
13.10. GCC Wind Turbine Market Forecast, by Type of Wind Farm
13.10.1. Onshore
13.10.2. Offshore
13.11. GCC Wind Turbine Market Forecast, by Application
13.11.1. Industrial
13.11.1.1. Power generation
13.11.1.2. Telecommunication
13.11.1.3. Agriculture
13.11.2. Commercial
13.11.3. Residential
13.12. South Africa Wind Turbine Market Forecast, by Type of Wind Farm
13.12.1. Onshore
13.12.2. Offshore
13.13. South Africa Wind Turbine Market Forecast, by Application
13.13.1. Industrial
13.13.1.1. Power generation
13.13.1.2. Telecommunication
13.13.1.3. Agriculture
13.13.2. Commercial
13.13.3. Residential
13.14. Rest of Middle East & Africa Wind Turbine Market Forecast, by Type of Wind Farm
13.14.1. Onshore
13.14.2. Offshore
13.15. Rest of Middle East & Africa Wind Turbine Market Forecast, by Application
13.15.1. Industrial
13.15.1.1. Power generation
13.15.1.2. Telecommunication
13.15.1.3. Agriculture
13.15.2. Commercial
13.15.3. Residential
13.16. Middle East & Africa Wind Turbine Market Attractiveness Analysis
13.16.1. By Type of Wind Farm
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments
14. South America Wind Turbine Market Analysis
14.1. Key Findings
14.2. South America Wind Turbine Market Overview
14.3. South America Wind Turbine Market Value Share Analysis, by Type of Wind Farm
14.4. South America Wind Turbine Market Forecast, by Type of Wind Farm
14.4.1. Onshore
14.4.2. Offshore
14.5. South America Wind Turbine Market Value Share Analysis, by Application
14.6. South America Wind Turbine Market Forecast, by Application
14.6.1. Industrial
14.6.1.1. Power generation
14.6.1.2. Telecommunication
14.6.1.3. Agriculture
14.6.2. Commercial
14.6.3. Residential
14.7. South America Wind Turbine Market Value Share Analysis, by Country
14.8. South America Wind Turbine Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. South America Wind Turbine Market Analysis, by Country
14.10. Brazil Wind Turbine Market Forecast, by Type of Wind Farm
14.10.1. Onshore
14.10.2. Offshore
14.11. Brazil Wind Turbine Market Forecast, by Application
14.11.1. Industrial
14.11.1.1. Power generation
14.11.1.2. Telecommunication
14.11.1.3. Agriculture
14.11.2. Commercial
14.11.3. Residential
14.12. Mexico Wind Turbine Market Forecast, by Type of Wind Farm
14.12.1. Onshore
14.12.2. Offshore
14.13. Mexico Wind Turbine Market Forecast, by Application
14.13.1. Industrial
14.13.1.1. Power generation
14.13.1.2. Telecommunication
14.13.1.3. Agriculture
14.13.2. Commercial
14.13.3. Residential
14.14. Rest of South America Wind Turbine Market Forecast, by Type of Wind Farm
14.14.1. Onshore
14.14.2. Offshore
14.15. Rest of South America Wind Turbine Market Forecast, by Application
14.15.1. Industrial
14.15.1.1. Power generation
14.15.1.2. Telecommunication
14.15.1.3. Agriculture
14.15.2. Commercial
14.15.3. Residential
14.16. South America Wind Turbine Market Attractiveness Analysis
14.16.1. By Type of Wind Farm
14.16.2. By Application
14.17. PEST Analysis
14.18. Key Trends
14.19. Key Developments
15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.3.1. Suzlon
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Manufacturing
15.3.2. Nordex Acciona
15.3.3. Senvion
15.3.4. Goldwind
15.3.5. MHI-Vestas
15.3.6. United Power
15.3.7. Vestas
15.3.8. Enercon
15.3.9. General Electric
15.3.10. Siemens
15.3.11. Gamesa
15.3.12. Envision Energy
15.3.13. Wobben
15.3.14. Mingyang
15.3.15. WEG SA
15.3.16. Clipper
15.3.17. Impsa
15.3.18. LM Windpower
15.3.19. Bergey
15.3.20. Northern Power Systems
15.3.21. Enessere
16. Primary Key Insights
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
Best quality reports based on various authentic and accurate data findings.
Your personal and confidential information is safe and secure.
Trends Market Research © Copyright 2021. All Rights Reserved.