Wind Turbine Market Reviewed in New Market Research Report by SBI Published by MarketPublishers.com
09 Nov 2011 • by Natalie Aster
LONDON – In 2010 the world wind turbine market witnessed its first downfall in over five years, decreasing 15.9% to $42.3 billion as the pace of turbine installations in most countries slowed significantly. Total megawatts installed were down by 5.3% to 38,079 MW for 2010 and would have been much less if China had not taken a leading position in the market, installing almost half of all new global wind capacity during the year. The U.S. only installed half as much new capacity in 2010 as it did in 2009.
The wind turbine market is still largely influenced by government subsidies and this trend is there to stay through the next decade. The government control over the wind energy is the main driver behind the various forecast scenarios.
New market research study “Global Wind Turbine Market, 2nd Edition” elaborated by SBI has been recently published by Market Publishers Ltd.
Report Details:
Title: Global Wind Turbine Market, 2nd Edition
Published: November, 2011
Pages: 174
Price: US$ 4,950
The study provides an in-depth overview of the wind turbine market on the global scale. It covers the key trends and developments in the industry, presents major statistics data and offers a guide to three various development scenarios through the next decade.
Reports Contents:
CHAPTER 1 EXECUTIVE SUMMARY
The Global Wind Turbine Market
Figure 1-1 Wind Turbine Installations by Country by Year, 2006-2010 (in MW)
Wind Turbine Competitors
Figure 1-2 Market by Competitor, 2011 (in percent)
China
U.S.
India
Figure 1-3 Top Five Global Wind Turbine Market Countries, 2006-2010 (in billion $)
Germany
Spain
Wind Turbine Generating Set Imports and Exports
Figure 1-4 Exports of Wind Turbine Generating Sets, 2000-2020 (in billion $ and percent)
Wind Turbine Market Forecast
Figure 1-5 Global Cumulative Installed Wind Forecast, 2011-2020 (in GW)
China Forecast
U.S. Forecast
India Forecast
Figure 1-6 Global Wind Turbine Market Forecast by Country, Median Scenario, 2011-2020 (in billion $)
Germany Forecast
Spain Forecast
Wind Turbine Market Trends
Figure 1-7 Key Drivers & Barriers Affecting the Wind Turbine Market
Wind Turbine Costs & Energy Prices
Table 1-1 Estimated Levelized Cost of New U.S. Generation Resources, 2016* (2009 $/megawatt-hour; MWh)
The Offshore Wind Turbine Market
Table 1-2 Cumulative Offshore Wind Installations by Geographical Region, 2006-2020 (in MW)
Curtailment Concerns
Wind Turbines: Bigger is Better
Figure 1-8 Average Size of Installed Wind Turbines, 2006-2011 (in kW)
Employment Trends
Table 1-3 Wind Industry Jobs by Country, 2010-2020
Financial Trends: FITs and Investments
Figure 1-9 Countries with Wind Feed in Tariffs, 2011
Small Turbine Trends
CHAPTER 2 INTRODUCTION
Scope
Methodology
A Note on Trade Codes and Import and Export Data
Table 2-1 Wind Turbine Import and Export HS Codes
Terminology
Wind Turbine Technology
Table 2-2 Turbine Component Weights and Costs (in percent)
Parts of a Nacelle Assembly
Figure 2-1 The parts of a Wind Turbine
Direct & Indirect Drives
Figure 2-2 A Direct Drive Wind Turbine
Table 2-3 Comparison of Direct and Indirect Wind Turbines
Onshore versus Offshore Wind Turbines
Wind Energy Associations Worldwide
Table 2-4 Wind Associations and Groups
CHAPTER 3 THE MARKET
The Global Wind Turbine Market
Figure 3-1 Global Wind Turbine Capacity and Electricity Generated by Wind, 2006-2010 (in GW for capacity and billion kWh for generation)
Figure 3-2 Global Wind Market, 2006-2010 (in billion $ and GW Installed)
Asia is Chasing Europe for Regional Wind Lead
Table 3-1 Cumulative Wind Capacity by Geographical Region, 2006-2010 (in MW)
China Now Leads Wind Turbine Installations
Figure 3-3 Wind Turbine Installations by Country by Year, 2006-2010 (in MW)
Figure 3-4 Top Five Global Wind Turbine Market Countries, 2006-2010 (in billion $)
Offshore Becoming a Competitive Market
Table 3-2 Cumulative Offshore Wind Installations by Geographical Region, 2006-2010 (in MW)
Top National Markets
Figure 3-5 Top 10 Countries for Single Year Wind Installations and Cumulative Installs, 2010 (in percent)
China
Figure 3-6 China’s Wind Turbine Import, Export & Domestic Market, 2006-2011 (in million $)
Table 3-3 Top Chinese Provinces for Yearly & Cumulative Wind Installations, 2010 (in MW installed)
Figure 3-7 Total Wind Turbines by Province/Municipality, 2010 (in MW)
Table 3-4 China’s Onshore & Offshore Wind Installations by Year, 2006-2011 (in MW)
U.S.
Figure 3-8 U.S. Wind Turbine Import, Export & Domestic Market, 2006-2011 (in million $)
Table 3-5 Top U.S. Import & Export Countries for Wind Turbine Generator Sets, 2006-2010 (in million $)
Figure 3-9 Total Wind Turbine Installations by State, 2010 (in MW)
Table 3-6 Top U.S. States for Yearly & Cumulative Wind Installations, 2010 (in MW installed)
India
Figure 3-10 India’s Wind Turbine Import, Export & Domestic Market, 2006-2011 (in million $)
Table 3-7 Top Indian Export Countries for Wind Turbine Generator Sets, 2006-2010 (in million $)
Table 3-8 India’s Wind Installations by State, March 2007- March 2011 (in MW)
Germany
Figure 3-11 Germany’s Wind Turbine Import, Export & Domestic Market, 2006-2011 (in million $)
Table 3-9 Top German Import & Export Countries for Wind Turbine Generator Sets, 2006-2010 (in million $)
Table 3-10 Germany’s Onshore & Offshore Wind Installations by Year, 2006-2011 (in MW)
Spain
Figure 3-12 Spain’s Wind Turbine Import, Export & Domestic Market, 2006-2011 (in million $)
Table 3-11 Top Spanish Import & Export Countries for Wind Turbine Generator Sets, 2006-2010 (in million $)
Others
Table 3-12 Total Offshore Wind Capacity by Country, 2006-2011 (in MW)
Wind Turbine Generating Set Imports and Exports
Figure 3-13 Exports of Wind Turbine Generating Sets, 2000-2011 (in billion $ and percent)
Figure 3-14 YoY Change in Global Wind Turbine Exports and Wind Capacity Additions, 1998-2011 (in percent)
Top Wind Turbine Generating Set Trade Countries
Table 3-13 Top 10 Export Countries of Wind Turbine Generating Sets, 2006-2010 (in million $)
Table 3-14 Top 10 Import Countries of Wind Turbine Generating Sets, 2006-2010 (in million $)
CHAPTER 4 MARKET TRENDS
Global Use of Wind Energy
Figure 4-1 Global Use of Renewable Energy by Type, 2006-2010 (in billion kWh & percent)
Figure 4-2 Total Global Renewable Energy Capacity by Country, 2010 (in GW)
Drivers and Barriers for the Wind Turbine Market
Figure 4-3 Key Drivers & Barriers Affecting the Wind Turbine Market
Wind Energy Requirements Around the World
Table 4-1 Countries with Wind-Specific Energy Generation Requirements, 2010
China’s Current Five Year Energy Plan and the Seven Wind Bases
Table 4-2 China’s Wind Base Program, 2010-2020 (in MW)
Wind Turbine Costs & Energy Prices
Table 4-3 Wind Turbine Cost Structure (in percent)
Wind Turbine Manufacturing Costs
Figure 4-4 Average Wind Turbine Prices, 2000-2011 (in $/kW)
Figure 4-5 Producer Price Index for Turbines & Generator Sets, and Parts of Same, 2000-2011 (index)
Comparing Wind Energy Costs to Other Types of Electricity Generation
Table 4-4 Levelized Cost of Wind Energy & Financial Gap by Country, 2008 (in $/MWh)
Table 4-5 Estimated Levelized Cost of New U.S. Generation Resources, 2016* (2009 $/MWh)
Curtailment Concerns
Transmission and Connection Issues
Utilization Capacity of Wind Systems
Table 4-6 Capacity Factor by Type of Electricity Generation, 2008 (in percent)
Wind Energy Curtailment in China
Wind Energy Curtailment in the U.S.
Table 4-7 Wind Curtailment by Area, 2007-2010 (in GWh and % of potential wind generation)
Offshore Trends
Table 4-8 Typical Onshore & Offshore Wind Farm Characteristics, 2008
Figure 4-6 Cumulative Offshore Wind Turbine Foundations by Type, 2010 (in %)
Wind Turbines: Bigger is Better
Figure 4-7 Average Size of Installed Wind Turbines, 2006-2011 (in kW)
Towards the 20 MW Turbine
Figure 4-8 Largest Capacity Wind Turbine by Year, 1985-2009
Average Wind Turbines Size Will Continue to Grow
Employment Trends
Table 4-10 Wind Industry Jobs by Country, 2010-2020
Financial Trends
Wind FITs
Figure 4-9 Countries with Wind Feed in Tariffs, 2011
Non-FIT Government funding
Investments in the Wind Market
Table 4-11 Renewable and Wind Investments, 2004-2010 (in billion $)
Figure 4-10 Global Wind Investments, 2004-2011 (in thousand $/MW)
Research Trends
Wind Research Funding
Table 4-12 Government Wind Research Funding in Key Countries, 2006-2010 (in million $)
Key Research Focus Areas
Small Turbine Trends
Figure 4-11 Small Wind Turbine Installations for the U.S., UK & China, 2009-2011 (in cumulative number of systems installed & cumulative MW installed)
Hybrid Wind Systems
CHAPTER 5 GLOBAL WIND TURBINE FORECAST
A Note on the different Scenarios
Global Forecast
Figure 5-1 Global Cumulative Installed Wind Forecast, 2011-2020 (in GW)
Figure 5-2 Global Wind Turbine Market Forecast, 2011-2020 (in billion $)
Wind Growth will be moderate in the short term
Figure 5-3 Cumulative Global Wind Forecast by Country, 2011-2015 (in GW)
Table 5-1 Global Wind Turbine Market Forecast, 2011-2015 (in billion $)
The Wind Market’s Long Term Forecast
Figure 5-4 Global Wind Forecast by Country, 2016-2020 (in GW)
Table 5-2 Global Wind Turbine Market Forecast, 2016-2020 (in billion $)
Figure 5-5 Key Geographic Wind Turbine Markets (Median Scenario), 2010, 2020 (in percent of market)
Pricing Forecast
Figure 5-6 Average Wind Turbine Prices Forecast, 2011-2020 (in $/kW)
Exports to Decline in Long Term
Figure 5-7 Export Forecast of Wind Turbine Generating Sets (Median Scenario), 2011-2020 (in billion $ and percent)
Offshore Forecast
Table 5-3 Total Offshore Wind Capacity by Country, 2010-2020 (in MW)
China Forecast
Figure 5-8 China Forecast: Wind Turbine Market, 2011-2020 (in billion $)
Table 5-4 China Forecast: Installed Wind Turbines by Year, 2011-2020 (in GW)
U.S. Forecast
Figure 5-9 U.S. Forecast: Wind Turbine Market, 2011-2020 (in billion $)
Table 5-5 U.S. Forecast: Installed Wind Turbines by Year, 2011-2020 (in GW)
India Forecast
Figure 5-10 India Forecast: Wind Turbine Market, 2011-2020 (in billion $)
Table 5-6 India Forecast: Installed Wind Turbines by Year, 2011-2020 (in GW)
Germany Forecast
Figure 5-11 Germany Forecast: Wind Turbine Market, 2011-2020 (in billion $)
Table 5-7 Germany Forecast: Installed Wind Turbines by Year, 2011-2020 (in GW)
Spain Forecast
Figure 5-12 Spain Forecast: Wind Turbine Market, 2011-2020 (in billion $)
Table 5-8 Spain Forecast: Installed Wind Turbines by Year, 2011-2020 (in MW)
Upcoming Countries
Table 5-9 Forecast of Other Major Wind Countries, 2010-2020
CHAPTER 6 COMPETITORS
FIRST TIER COMPETITORS
Figure 6-1 Market by Competitor, 2011 (in percent)
Dongfang Electric Corporation
Overview
Performance
Figure 6-2 DEC’s Wind Revenue and Wind Turbines Produced, 2007-2011 (in million yuan & MW)
Products
New Developments
Enercon
Overview
Performance
Table 6-1 Enercon’s Cumulative Wind Turbine Installations by Country, November 2010 (in MW)
Products
Table 6-2 Enercon’s Wind Turbine Products, 2011
New Developments
Gamesa
Overview
Performance
Figure 6-3 Gamesa’s Revenue and Wind Turbines Shipped, 2006-2011 (in million euros & MW)
Products
Table 6-3 Gamesa’s Wind Turbine Products, 2011
New Developments
General Electric
Overview
Performance
Figure 6-4 GE’s Energy Infrastructure Segment Revenue and Wind Turbines Shipped, 2006-2011 (in billion $ & units shipped)
Products
Table 6-4 GE’s Wind Turbine Products, 2011
New Developments
Goldwind
Overview
Performance
Figure 6-5 Goldwind’s Revenue and Wind Turbines Installed, 2006-2011 (in million yuan & MW)
Products
Table 6-5 Goldwind’s Wind Turbine Products, 2011
New Developments
REpower
Overview
Performance
Figure 6-6 REpowers’s Revenue and Wind Turbines Installed, 2006-FY2011 (in million euros & MW)
Products
Table 6-6 REpower’s Wind Turbine Products, 2011
New Developments
Siemens
Performance
Figure 6-7 Siemens’ Renewables Revenue and Wind Turbines Shipped, 2006-2011 (in million euros & MW)
Products
Table 6-7 Siemens’ Wind Turbine Products, 2011
New Developments
Sinovel
Overview
Performance
Figure 6-8 Sinovel’s Revenue and Wind Turbines Installed, 2008-2011 (in million yuan & MW)
Products
Table 6-8 Sinovel’s Wind Turbine Products, 2011
New Developments
Suzlon
Overview
Performance
Figure 6-9 Suzlon’s Consolidated Revenue and Wind Turbines Shipped, 2008-2011 (in billion rupees & MW)
Products
Table 6-9 Suzlon’s Wind Turbine Products, 2011
New Developments
Vestas
Overview
Performance
Figure 6-10 Vestas’ Revenue and Wind Turbines Shipped, 2006-2011 (in million euros & MW)
Products
Table 6-10 Vestas’ Wind Turbine Products, 2011
New Developments
Second Tier Competitors
Clipper Windpower
Mingyang
Nordex
United Power
APPENDIX: COMPANY CONTACT INFORMATION
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