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Wind Turbine Market by Type of Wind Farm (Onshore and Offshore) and Application (Industrial, Commercial, and Residential) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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EN_17192
Pages: 210
Jul 2017 | 5171 Views
 
Author's : Yash Doshi
Tables: 102
Charts: 39
 

Wind Turbine Market Overview:

Global Wind Turbine Market was valued at $81,147 million in 2016 to reach $134,600 million by 2023, and is anticipated to grow at a CAGR of 7.2% from 2017 to 2023. Wind turbines convert kinetic energy to electric energy. Wind is a renewable energy, which is considered as the cleanest source available extensively. In the recent years, this energy became one of the most economical and efficient renewable energy resource. The factors such as no greenhouse gas emission, power supply diversification, and short lead time for planning & construction of wind power projects boost the use of wind turbines.  

Wind is a significant source of affordable renewable energy that currently contributes to 5% of the global electricity demand. The technological development for the growth of more reliable and efficient wind turbines makes wind power more cost-effective. Further, depleting natural resources and government initiatives to explore alternative sources of energy drive the global wind turbine market. The cost of electricity generated using wind energy is expected to decline in near future owing to the technological development. This is expected to deliver substantial growth opportunity for the wind turbine market in near future. However, heavy investment for the production and installation of wind turbines hinders the growth of the market.   

The report emphasizes on the major types of wind turbines based on wind farm, which include onshore and offshore wind turbine. Based on application, the market is classified into industrial, commercial, and residential. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, it highlights various factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data, in terms of both value and volume, which are obtained from the secondary sources, such as company publications, Factiva, Hoovers, OneSource, and others.

Global Wind Turbine Market Segmentation

Global Wind Turbine Market Segmentation

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Asia-Pacific dominates the global wind turbine market, in terms of both value and volume. Moreover, Europe is expected to witness the highest growth rate from 2017 to 2023, owing to the increase in wind installation capacity which is more than any other form of power generation in Europe. Further, increase in investment for construction of new wind farms, project acquisitions, and refinancing operations are expected to boost the European wind turbine market.

Wind Turbine Market Share, by Geography, 2016 (%)

Wind Turbine Market Share, By Geography, 2016 (%)

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Top Investment Pockets

India is the most lucrative country in the market, followed by Spain and Germany. There is addition of wind energy installation capacity in these countries along with rise in investment in wind energy and onshore wind energy projects. At present, these countries are also inclined toward the increased investment in offshore wind energy projects.  

Top Investment Pockets, by Country

Wind Turbine Market Top Investment Pockets, By Country

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Asia-Pacific Wind Turbine Market Size

Asia-Pacific witnessed the leading region in the global wind turbine market, owing to the high wind power installation capacity and government initiatives for the shift toward the use of renewable energy. China dominated the Asia-Pacific wind turbine market in 2016, in terms of both value and volume.

India Wind Turbine Market Growth, 2016-2023 ($Million)

India Wind Turbine Market Growth, 20162023 ($Million)

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The key players profiled in the report are Vestas Wind Systems A/S, Sinovel, Goldwind, Siemens, General Electric, Suzlon Energy Ltd., Enercon GmbH, Ming yang, Gamesa, and Guodian United Power Technology Company Ltd.

The other major players (not profiled in report) in the market include Acciona S.A., Nordex SE, Dewind Co., Clipper Windpower Plc., Bergey Windpower Co., Nordic Windpower Ltd., and Senvion S.A.

Key Market Benefits:

  • This report provides an extensive analysis of the current and emerging market trends and dynamics of the global wind turbine market.
  • The market trend analysis for all the regions is conducted by constructing estimations for key segments between 2017 and 2023 to identify the prevailing opportunities.
  • The report assists to understand the strategies adopted by the leading companies in the industry.
  • This study evaluates competitive landscape of the wind turbine industry to understand the market scenario globally.
  • Extensive analysis is conducted by key player positioning and monitoring the top competitors within the global market.

Wind Turbine Market Key Segments:

By Type of Wind Farm

  • Onshore
  • Offshore

By Application

  • Industrial
    • Power Generation
    • Telecommunication
    • Agriculture
  • Commercial
  • Residential

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Chile
    • Argentina
    • Rest of LAMEA
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016 (%)
3.4. PATENT ANALYSIS

3.4.1. Patent publication by year
3.4.2. Patent publication by company
3.4.3. Patent publication by region

3.5. PORTER’S FIVE FORCES ANALYSIS
3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Technological advancement for the development of more reliable and efficient wind turbines
3.6.1.2. Depleting natural energy resources
3.6.1.3. Government initiative to explore alternative sources of energy

3.6.2. Restraints

3.6.2.1. Heavy investment for the manufacturing and installation of wind turbines

3.6.3. Opportunities

3.6.3.1. Decrease in wind energy prices owing to the technological development
3.6.3.2. Short lead time for the planning and construction of wind power projects

Chapter: 4. GLOBAL WIND TURBINE MARKET, BY TYPE OF WIND FARM

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. ONSHORE

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. OFFSHORE

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

Chapter: 5. GLOBAL WIND TURBINE MARKET, BY APPLICATION

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. INDUSTRIAL

5.2.1. Power generation
5.2.2. Telecommunication
5.2.3. Agriculture
5.2.4. Key Market Trends, Growth Factors and Opportunities
5.2.5. Market Size and Forecast

5.3. COMMERCIAL

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. RESIDENTIAL

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

Chapter: 6. GLOBAL WIND TURBINE MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast by wind farm

6.2.4. Canada

6.2.4.1. Market size and forecast by wind farm

6.2.5. Mexico

6.2.5.1. Market size and forecast by wind farm

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. Germany

6.3.3.1. Market size and forecast by wind farm

6.3.4. Spain

6.3.4.1. Market size and forecast by wind farm

6.3.5. UK

6.3.5.1. Market size and forecast by wind farm

6.3.6. France

6.3.6.1. Market size and forecast by wind farm

6.3.7. Italy

6.3.7.1. Market size and forecast by wind farm

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast by wind farm

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China

6.4.3.1. Market size and forecast by wind farm

6.4.4. India

6.4.4.1. Market size and forecast by wind farm

6.4.5. Japan

6.4.5.1. Market size and forecast by wind farm

6.4.6. South Korea

6.4.6.1. Market size and forecast by wind farm

6.4.7. Australia

6.4.7.1. Market size and forecast by wind farm

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast by wind farm

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast by application

6.5.4. South Africa

6.5.4.1. Market size and forecast by application

6.5.5. Chile

6.5.5.1. Market size and forecast by application

6.5.6. Argentina

6.5.6.1. Market size and forecast by application

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast by application

Chapter: 7. COMPANY PROFILES

7.1. VESTAS WIND SYSTEMS A/S

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. SINOVEL WIND GROUP CO. LTD.

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. GOLDWIND

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. SIEMENS

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. GENERAL ELECTRIC

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. SUZLON ENERGY LTD.

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. ENERCON GMBH

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. MING YANG

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. GAMESA

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. GUODIAN UNITED POWER TECHNOLOGY COMPANY LTD.

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 2. GLOBAL WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 3. GLOBAL ONSHORE WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 4. GLOBAL ONSHORE WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL OFFSHORE WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 6. GLOBAL OFFSHORE WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 8. GLOBAL WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL INDUSTRIAL WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 10. GLOBAL INDUSTRIAL WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 11. GLOBAL INDUSTRIAL WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 12. GLOBAL INDUSTRIAL WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 13. GLOBAL COMMERCIAL WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 14. GLOBAL COMMERCIAL WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL RESIDENTIAL WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 16. GLOBAL RESIDENTIAL WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 17. GLOBAL WIND TURBINE MARKET VOLUME, BY REGION, 2016-2023 (GW)
TABLE 18. GLOBAL WIND TURBINE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 19. NORTH AMERICA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 20. NORTH AMERICA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 21. NORTH AMERICA WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 22. NORTH AMERICA WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA WIND TURBINE MARKET VOLUME, BY COUNTRY, 2016-2023 (GW)
TABLE 24. NORTH AMERICA WIND TURBINE MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. U.S. WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 26. U.S. WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 27. CANADA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 28. CANADA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 29. MEXICO WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 30. MEXICO WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 31. EUROPE WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 32. EUROPE WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 33. EUROPE WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 34. EUROPE WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 35. EUROPE WIND TURBINE MARKET VOLUME, BY COUNTRY, 2016-2023 (GW)
TABLE 36. EUROPE WIND TURBINE MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. GERMANY WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 38. GERMANY WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 39. SPAIN WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 40. SPAIN WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 41. UK WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 42. UK WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 43. FRANCE WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 44. FRANCE WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 45. ITALY WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 46. ITALY WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 47. REST OF EUROPE WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 48. REST OF EUROPE WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 49. ASIA-PACIFIC WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 50. ASIA-PACIFIC WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 51. ASIA-PACIFIC WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 52. ASIA-PACIFIC WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 53. ASIA-PACIFIC WIND TURBINE MARKET VOLUME, BY COUNTRY, 2016-2023 (GW)
TABLE 54. ASIA-PACIFIC WIND TURBINE MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 55. CHINA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 56. CHINA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 57. INDIA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 58. INDIA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 59. JAPAN WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 60. JAPAN WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 61. SOUTH KOREA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 62. SOUTH KOREA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 63. AUSTRALIA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 64. AUSTRALIA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 65. REST OF ASIA-PACIFIC WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 66. REST OF ASIA-PACIFIC WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 67. LAMEA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 68. LAMEA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 69. LAMEA WIND TURBINE MARKET VOLUME, BY APPLICATION, 2016-2023 (GW)
TABLE 70. LAMEA WIND TURBINE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 71. LAMEA WIND TURBINE MARKET VOLUME, BY COUNTRY, 2016-2023 (GW)
TABLE 72. LAMEA WIND TURBINE MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 73. BRAZIL WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 74. BRAZIL WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 75. SOUTH AFRICA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 76. SOUTH AFRICA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 77. CHILE WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 78. CHILE WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 79. ARGENTINA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 80. ARGENTINA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 81. REST OF LAMEA WIND TURBINE MARKET VOLUME, BY TYPE OF WIND FARM, 2016-2023 (GW)
TABLE 82. REST OF LAMEA WIND TURBINE MARKET REVENUE, BY TYPE OF WIND FARM, 2016-2023 ($MILLION)
TABLE 83. VESTAS WIND SYSTEMS A/S: COMPANY SNAPSHOT
TABLE 84. VESTAS WIND SYSTEMS A/S: OPERATING SEGMENTS
TABLE 85. SINOVEL WIND GROUP CO. LTD.: COMPANY SNAPSHOT
TABLE 86. SINOVEL WIND GROUP CO. LTD.: OPERATING SEGMENTS
TABLE 87. GOLDWIND: COMPANY SNAPSHOT
TABLE 88. GOLDWIND: OPERATING SEGMENTS
TABLE 89. SIEMENS: COMPANY SNAPSHOT
TABLE 90. SIEMENS: OPERATING SEGMENTS
TABLE 91. GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 92. GENERAL ELECTRIC: OPERATING SEGMENTS
TABLE 93. SUZLON ENERGY LTD.: COMPANY SNAPSHOT
TABLE 94. SUZLON ENERGY LTD.: OPERATING SEGMENTS
TABLE 95. ENERCON GMBH: COMPANY SNAPSHOT
TABLE 96. ENERCON GMBH: OPERATING SEGMENTS
TABLE 97. MING YANG: COMPANY SNAPSHOT
TABLE 98. MING YANG: OPERATING SEGMENTS
TABLE 99. GAMESA: COMPANY SNAPSHOT
TABLE 100. GAMESA: OPERATING SEGMENTS
TABLE 101. GUODIAN UNITED POWER TECHNOLOGY COMPANY LTD.: COMPANY SNAPSHOT
TABLE 102. GUODIAN UNITED POWER TECHNOLOGY COMPANY LTD.: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL WIND TURBINE MARKET: 2015-2023
FIGURE 2. GLOBAL WIND TURBINE MARKET: 2015-2023
FIGURE 3. GLOBAL WIND TURBINE MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN WIND TURBINE MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. BARGAINING POWER OF SUPPLIER
FIGURE 7. BARGAINING POWER OF BUYER
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. INTENSIVE COMPETITIVE RIVALRY
FIGURE 11. DRIVERS AND RESTRAINTS: GLOBAL WIND TURBINE MARKET
FIGURE 12. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
FIGURE 13. PATENT PUBLICATION BY YEAR, 2010-2016
FIGURE 14. PATENT PUBLICATION BY COMPANY, 2010-2016
FIGURE 15. PATENT PUBLICATION BY REGION, 2010-2016
FIGURE 16. DRIVERS AND RESTRAINTS: GLOBAL WIND TURBINE MARKET
FIGURE 17. GLOBAL WIND TURBINE MARKET: BY TYPE OF WIND FARM
FIGURE 18. GLOBAL WIND TURBINE MARKET: BY APPLICATION
FIGURE 19. GLOBAL WIND TURBINE MARKET: BY GEOGRAPHY
FIGURE 20. U.S. WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. CANADA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. MEXICO WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. GERMANY WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. SPAIN WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. UK WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. FRANCE WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 27. ITALY WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 28. REST OF EUROPE WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 29. CHINA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 30. INDIA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 31. JAPAN WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 32. SOUTH KOREA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 33. AUSTRALIA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 34. REST OF ASIA-PACIFIC WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 35. BRAZIL WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 36. SOUTH AFRICA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 37. CHILE WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 38. ARGENTINA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 39. REST OF LAMEA WIND TURBINE MARKET VALUE, 2016-2023 ($MILLION)

 

Wind turbines are used to produce electricity from the kinetic power of wind. The major motive for the increased use of wind energy is to reduce the dependence of fossil fuels to create energy. Wind energy is significant and affordable source of renewable energy, which enables the reduction of greenhouse gas emissions, delivers cost-competitive electricity, and diversifies energy supply. Wind energy is a renewable energy, considered as the cleanest resource of energy available extensively and in abundant quantity.

The offshore wind turbine segment expected to witness the highest growth rate, registering a CAGR of 7.9% during the forecast period. However, despite the higher construction & maintenance cost associated with offshore wind turbine, currently, there is an increase in offshore wind power owing to the availability of space and stable strong wind. Onshore wind turbines is the leading type segment, owing to cost benefit over offshore wind turbine, easy installation, and greenhouse gas reduction. Globally, there is a presence of huge onshore wind resources, which could meet global electricity demand. In 2016, industrial segment was the leading application segment where wind energy is widely used for power generation, engineering & telecommunication, industrial buildings, and ports including many others.

In 2016, Asia-Pacific is the most significant market for wind turbine, in terms of both revenue and volume. China dominated the Asia-Pacific wind turbine market in 2016, in terms of both value and volume. Asia-Pacific is expected to show excellent growth on account of high wind power installation capacity and government initiatives for the shift towards the use of renewable energy. Europe is the second leading region, which is expected to register a CAGR of 7.4% in terms of revenue.

 

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