Global Wind Turbines Market 2018 - Newest Industry Data, Future Trends and Forecast 2024
Category: #reports  By Partha Ray  Date: 2019-01-22
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Global Wind Turbines Market 2018 - Newest Industry Data, Future Trends and Forecast 2024

A $157 billion market worldwide in 2017, the wind turbine market has evolved rather steadily.  With the world general recognizing the need to embrace renewable energy, wind turbines have emerged as the go to technology of choice.  While most offshore wind turbines are being put in more remote settings, they are still being put in place, mostly in as shallow waters as can be found. 

The global market for Wind Turbines at $157 billion in 2017 is anticipated to reach $254 billion in 2024.  Vestas and GE among others are driving wind turbines as their clients are making further investments in development of renewable energy. 

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The 2018 study has 170 pages, 100 tables and figures.  Wind Turbines market are poised to achieve continuing growth as wind turbines prove their value by managing to capture significant amounts of renewable energy that can be used as electricity.  Lowering electrical generation costs is a key benefit.

 

Onshore wind turbine markets continue to grow.  There is a strategic move to use the wind energy where it is generated.  The ability to use wind electricity where it is generated as much as possible appears to be the most cost-efficient way to leverage renewable energy.

 

Demand prospects remain positive.  Emerging markets continue to play a role.  Renewal of auctions is reactivating mature markets.

 

Companies Profiled: Market Leaders

 

Vestas

GE Wind Turbines

Goldwind

Siemens Gamesa

Enercon

Nordex Acciona

United Power

Mingyang

Envision

Suzlon

Key Topics

 

Southern Europe is reactivating mature markets with auctions.  Activating new markets in Argentina and Russia is being achieved.  Excluding China, the global market demand for installations is expected to increase by 8% from 36 GW in 2017 to 45 GW in 2020.

 

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Key Topics Covered - Wind Turbines

Storage of Wind Generated Electricity

Wind Energy Leverages Smart Grid

Electricity Hub Distribution

Renewable Energy

Low Auction Prices Transform Wind into Mainstream Energy Source

Transition to Auctions

Geared vs. Direct Technology

Onshore Wind Turbine

Offshore Wind Turbine

Vertical Wind Turbines

Horizontal Wind Turbines

Wind Turbine Scale

Wind Turbine Global Reach

Wind Turbine Local Presence

Digital Wind Turbine Transformation

Global Warming

Increase in Energy Yield

boundaries

Table of Contents

Abstract: Wind Turbine Markets Bring Strong Growth to Renewable Energy Projects 1

Wind Turbine Executive Summary 13

1. Wind Turbine: Market Description and Market Dynamics 14

1.1 Go to Market Strategies 15

2. Wind Turbine Market Shares and Forecasts 17

2.1 Wind Turbine Market Driving Forces 17

2.1.1 Local Generation of Wind Energy 17

2.1.2 Wind Energy Leverages Smart Grid 17

2.1.3 Wind Turbine Market Saturation In Areas of High Wind 18

3. Wind Turbine Opportunity Description 75

3.1 Utility Scale Wind Turbine Projects 75

3.2 Software for Onshore Wind 76

3.3 Electricity Storage 79

4. Wind Turbine Research and Technology 81

 

5. Wind Turbine Company Profiles 82

5.1 Enercon 82

5.2 Envision 84

5.3 Eveready Diversified Products 84

5.3.1 Kestrel Wind Turbines 84

5.3.2 Eveready South Africa Brands 85

6. Research Findings and Conclusion 164

7. Selected List of Companies 164

WinterGreen Research, 165

WinterGreen Research Methodology 166

WinterGreen Research Process 167

Market Research Study 168

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About Author

Partha Ray

Email: partha.r@news.marketsizeforecasters.com   

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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