Onshore Wind Turbine Market
Summary
Many factors are driving increased energy demands across the globe. Urbanization is impacting impoverished areas in Africa, Asia, and South America. Concerns about the environment are growing and countries are trying to lower carbon emissions. As a result, interest in renewable energy is increasing. In fact, there is a growing chorus that considers climate change the most significant problem the world faces today. Onshore wind is a much more environmentally friendly energy source than alternatives such coal, oil and natural gas. Consequently, wind is expected to become a more significant energy contributor in coming years. These solutions have been used for decades and are becoming popular energy sources in many countries. Onshore wind energy equipment sales generate billions in revenue globally. Long-term contracts ensure that revenue will continue to flow in the coming years.
Large new wind turbine devices have been making their way to market. They offer vendors the opportunity to deliver more wind power at lower rates. However, the technology needed for these devices, and their transportation and installation hurdles, means there is limited acceptance. The adoption of such devices is taking place but should be a slow, steady growth rather than a dramatic surge.
Many factors are driving increased energy demands across the globe. Urbanization is impacting impoverished areas in Africa, Asia, and South America. Concerns about the environment are growing and countries are trying to lower carbon emissions. As a result, interest in renewable energy is increasing. In fact, there is a growing chorus that considers climate change the most significant problem the world faces today. Onshore wind is a much more environmentally friendly energy source than alternatives such coal, oil and natural gas. Consequently, wind is expected to become a more significant energy contributor in coming years. These solutions have been used for decades and are becoming popular energy sources in many countries. Onshore wind energy equipment sales generate billions in revenue globally. Long-term contracts ensure that revenue will continue to flow in the coming years.
Large new wind turbine devices have been making their way to market. They offer vendors the opportunity to deliver more wind power at lower rates. However, the technology needed for these devices, and their transportation and installation hurdles, means there is limited acceptance. The adoption of such devices is taking place but should be a slow, steady growth rather than a dramatic surge.
CHAPTER 1 MARKET OVERVIEW
Market Projections
CHAPTER 2 MARKET AND TECHNOLOGY BACKGROUND
The Market Emerges
Nordic Countries Spur European Growth
China Drives Asian Growth
Asia's Economic Growth Broadens
Interest Increases in the U.S.
Size Matters
Market Challenges
CHAPTER 3 MARKET LEADERS EMERGE
Siemens Gamesa Renewable Energy
Vestas Wind Systems A/S
Goldwind Science & Technology Co. Ltd.
GE Renewable Energy
Enercon
Nordex
Envision Energy
Senvion
Suzlon Energy Ltd.
Analyst's Credentials
Related BCC Research ReportsList of Tables
Summary Table : Global Market for Onshore Wind Systems, by Region, Through 2025
Table 1 : Global Market for Onshore Wind Systems, by Size, Through 2025
Table 2 : Top Five Onshore Wind Turbine Suppliers, 2020List of Figures
Summary Figure : Global Market for Onshore Wind Systems, by Region, 2019-2025
Market Projections
CHAPTER 2 MARKET AND TECHNOLOGY BACKGROUND
The Market Emerges
Nordic Countries Spur European Growth
China Drives Asian Growth
Asia's Economic Growth Broadens
Interest Increases in the U.S.
Size Matters
Market Challenges
CHAPTER 3 MARKET LEADERS EMERGE
Siemens Gamesa Renewable Energy
Vestas Wind Systems A/S
Goldwind Science & Technology Co. Ltd.
GE Renewable Energy
Enercon
Nordex
Envision Energy
Senvion
Suzlon Energy Ltd.
Analyst's Credentials
Related BCC Research ReportsList of Tables
Summary Table : Global Market for Onshore Wind Systems, by Region, Through 2025
Table 1 : Global Market for Onshore Wind Systems, by Size, Through 2025
Table 2 : Top Five Onshore Wind Turbine Suppliers, 2020List of Figures
Summary Figure : Global Market for Onshore Wind Systems, by Region, 2019-2025
