Wind energy Market Overview 2016 Trends & Analysis, Forecasts 2020
According to Publisher, the Global Wind Energy market is estimated to be $155 billion in 2015 growing at a CAGR of 9.9% to reach $301.3 billion by the year 2022. The rising applications of wind energy technology and depletion of fossil fuel has lead to high growth of the wind energy market. Lack of technical people and high initial costs are the factors hindering the market growth. Asia Pacific accounted for the largest share in the market due to growing electricity consumption in developing countries such as Russia, Brazil and India. The offshore market is expected to be the largest market segment.
Some of the key players in global wind energy market include Sinovel Wind Co.Ltd, China Mingyang Wind Power Group Ltd., Gamesa Corporation Technologica, Guodian United Power Technology Co., Ltd., CSIC Haizuhang Windpower equipment co.ltd., Vestas Wind Systems A/S, Goldwind Science & technology co.ltd , Enercon Gmbh, Suzlon Energy Ltd., GE Energy, Siemens Wind Power A/S and Nordex SE .
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End users Covered:
-Commercial
-Residential
Turbine Material Covered:
-Copper
-Aluminium
-Steel
Components Covered:
-Gear-Box
-Rotor
-Blades
-Generator
Types Covered:
-Onshore
-Offshore
Turbine Types Covered:
-Savonius
-Vertical axis
-Giromill
-Horizontal Axis
-Vortexis
-Darrieus
Applications Covered:
-Large, non-grid connected
-Large, Grid connected
-Small, non-grid connected
-Small, grid connected
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13 Company Profiling
13.1 Sinovel Wind Co.Ltd.
13.2 China Mingyang Wind Power Group Ltd.
13.3 Gamesa Corporation Technologica
13.4 Guodian United Power Technology Co., Ltd.
13.5 CSIC Haizuhang Windpower equipment co.ltd.
13.6 Vestas Wind Systems A/S
13.7 Goldwind Science & technology co.ltd
13.8 ENERCON GMBH
13.9 Suzlon Energy Ltd.
13.10 GE Energy
13.11 Siemens Wind Power A/S
13.12 Nordex SE
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