Wind Turbine Market in India 2014
The report is sent in 0-2 business days after order is placed.
Netscribes’ latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy. As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government’s decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market’s growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present.
Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years.
Netscribes’ latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy. As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government’s decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market’s growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present.
Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years.
Slide 1: Executive Summary
MACROECONOMIC INDICATORS
Slide 2: GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14), Inflation Rate: Monthly (Jun 2013 – Nov 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Aug 2013 – Jan 2014)
Slide 4: Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12), Trade Balance: Annual (2009-10, 2010-11, 2011-12, 2012-13), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13)
INTRODUCTION
Slide 5: India – Energy Scenario and Region-Wise Installed Capacity
Slide 6: Renewable Energy Scenario, Energy Market Segmentation and Renewable Energy Market Segmentation
Slide 7: Wind Power – Generation Procedure & Cost Component
Slide 8: Wind Turbine Generator Components
Slide 9: Turbine Technology Options
Slide 10: Types of Turbine Towers
MARKET OVERVIEW
Slide 11: Wind Turbine – Market Overview, Market Size & Growth (Value-Wise; 2007 – 2018e)
Slide 12: Market Segmentation - Geared vs. Gearless and Ownership of Installation (2012)
Slide 13: Cost Component Variation –Geared vs. Gearless (2011)
Slide 14-15: Indian Business Models
EXIM
Slide 16: Export of Wind Mills & Turbines – Overview, Size (Value-Wise; 2009-10 – 2012-13), Region-Wise Exports (Value-Wise; 2011-12, 2012-13)
Slide 17: Import of Wind Mills & Turbines – Overview, Size (Value-Wise; 2009-10 – 2012-13), Region-Wise Imports (Value-Wise; 2011-12, 2012-13)
DRIVERS & CHALLENGES
Slide 18: Drivers and Challenges – Summary
Slide 19-24: Drivers
Slide 25-28: Challenges
TRENDS
Slide 29: Key Trends – Summary
Slide 30-35: Major Trends in the Market
REGULATORY BODIES
Slide 36: Major Government Bodies
Slide 37: Major Associations
Slide 38: Policy and Regulatory Incentives
COMPETITIVE LANDSCAPE
Slide 39: Porter’s Five Forces Analysis
Slide 40: Wind Turbine Market – Market Share
Slide 41: Manufacturers Offering Class II and Class III Wind Turbines
Slide 42-46: Competitive Benchmarking (FY 2012)
Slide 47-54: Major Public Players
Slide 55-110: Major Private Players
STRATEGIC RECOMMENDATION
Slide 111: Cost Reduction for Manufacturing WTG –Summary
Slide 112-118: Cost Reduction Techniques
Slide 119-122: MARKET ENTRY Strategies
APPENDIX
Slide 123: Key Ratios Description
Slide 124: Sources of Information
MACROECONOMIC INDICATORS
Slide 2: GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14), Inflation Rate: Monthly (Jun 2013 – Nov 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Aug 2013 – Jan 2014)
Slide 4: Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12), Trade Balance: Annual (2009-10, 2010-11, 2011-12, 2012-13), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13)
INTRODUCTION
Slide 5: India – Energy Scenario and Region-Wise Installed Capacity
Slide 6: Renewable Energy Scenario, Energy Market Segmentation and Renewable Energy Market Segmentation
Slide 7: Wind Power – Generation Procedure & Cost Component
Slide 8: Wind Turbine Generator Components
Slide 9: Turbine Technology Options
Slide 10: Types of Turbine Towers
MARKET OVERVIEW
Slide 11: Wind Turbine – Market Overview, Market Size & Growth (Value-Wise; 2007 – 2018e)
Slide 12: Market Segmentation - Geared vs. Gearless and Ownership of Installation (2012)
Slide 13: Cost Component Variation –Geared vs. Gearless (2011)
Slide 14-15: Indian Business Models
EXIM
Slide 16: Export of Wind Mills & Turbines – Overview, Size (Value-Wise; 2009-10 – 2012-13), Region-Wise Exports (Value-Wise; 2011-12, 2012-13)
Slide 17: Import of Wind Mills & Turbines – Overview, Size (Value-Wise; 2009-10 – 2012-13), Region-Wise Imports (Value-Wise; 2011-12, 2012-13)
DRIVERS & CHALLENGES
Slide 18: Drivers and Challenges – Summary
Slide 19-24: Drivers
Slide 25-28: Challenges
TRENDS
Slide 29: Key Trends – Summary
Slide 30-35: Major Trends in the Market
REGULATORY BODIES
Slide 36: Major Government Bodies
Slide 37: Major Associations
Slide 38: Policy and Regulatory Incentives
COMPETITIVE LANDSCAPE
Slide 39: Porter’s Five Forces Analysis
Slide 40: Wind Turbine Market – Market Share
Slide 41: Manufacturers Offering Class II and Class III Wind Turbines
Slide 42-46: Competitive Benchmarking (FY 2012)
Slide 47-54: Major Public Players
Slide 55-110: Major Private Players
STRATEGIC RECOMMENDATION
Slide 111: Cost Reduction for Manufacturing WTG –Summary
Slide 112-118: Cost Reduction Techniques
Slide 119-122: MARKET ENTRY Strategies
APPENDIX
Slide 123: Key Ratios Description
Slide 124: Sources of Information
Market
- Wind Energy has been the fastest growing renewable energy sector in the country till FY2012
- With a cumulative installed capacity of over'm' GW (by Dec 2012) wind power currently accounts for almost 'p'% of the total installed capacity in the renewable energy sector
- The wind turbine sector is forecasted to grow at a CAGR of x% to reach'm' GW by 2018
- The market has slumped currently due to withdrawal of the flagship Scheme A and Scheme В by the Government
Drivers
- Huge Untapped Wind Power Potential
- India remains Energy Deficient
- Global Drive towards Clean Energy
- Volatile Oil Prices
- Depleting Coal Reserves
Challenges
- Withdrawal of GBI and AD Schemes
- Rise in Raw Material Prices
- Land Acquisition Problems
Regulatory Bodies
- Major Regulatory Bodies & their roles
- Policy and Regulatory Incentives
Trends
- Potential of Off-Shore Capacity
- Vertical Integration
- Hybrid Generators
- Advent of Small Wind Turbines
