Global Wind Power Equipment Market - Growth, Trends and Forecast (2019 - 2025) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 20, 2020--
The “Global Wind Power Equipment Market - Growth, Trends and Forecast (2019 - 2025)” report has been added to ResearchAndMarkets.com’s offering.
The global installed wind power capacity grew at a CAGR of 13.45% during 2013-2018. Wind energy is one of the cheapest forms of electricity in many markets. Installations of wind capacity overtook new fossil fuel capacity in many mature and emerging markets for the first time ever in 2018. The growing number of offshore wind energy installations, declining cost of wind energy, and the increasing number of aging wind turbines are expected to drive the global wind power equipment market during the forecast period. However, factors such as the associated high cost of transportation and cost competitiveness of alternate clean power sources (like solar) have the potential to hinder the market growth in the coming years.
Onshore wind power industry accounted for the highest market share in 2018 and is expected to dominate the market during the forecast period.
The wind power industry has demand for cost-effective solutions, and a highly efficient product has the potential to change the dynamics of the industry. There have been instances where old equipment of the wind turbines are replaced, not because of the damage, but due to the availability of more efficient equipment in the market. Hence, technological developments present themselves as opportunities to the global wind power equipment market.
At the regional level, Asia-Pacific has dominated the wind power equipment market in 2018 with the majority of the demand coming from the countries such as China, India, and Australia.
Key Topics Covered:
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
1.4 Study Deliverables
1.5 Research Phases
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.2 Renewable Energy Mix, 2018
4.3 Wind Power Installed Capacity and Forecast in GW, till 2024
4.4 Market Size and Demand Forecast in USD billion, till 2024
4.5 Global Average Size of Wind Turbine in MW, 2010-2024
4.6 Recent Trends and Developments
4.7 Government Policies, Regulations and Targets
4.8 Market Dynamics
4.9 Supply Chain Analysis
4.10 Porter’s Five Forces Analysis
5 MARKET SEGMENTATION
5.2 Equipment Type
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/94e668
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PUB: 01/20/2020 05:38 AM/DISC: 01/20/2020 05:38 AM