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Wind Turbine Manufacturing in the US

IBISWorld, Feb 2012, Pages: 28


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Favorable winds: The push for more renewable energy fuels demand for wind power

Wind Turbine Manufacturing in the US

Favorable winds

Although the recession held back wind turbine manufacturers, the trend toward greener and renewable energy will boost industry demand. In the coming years, wind turbines will enjoy more favorable demand conditions as electricity prices continue to go up. Manufacturers will face obstacles, however, including high transportation costs, complaints from consumers regarding unpleasant aesthetics and noise pollution, and competition from other alternative energy sources.

Firms in the Wind Turbine Manufacturing industry are primarily engaged in researching, developing and manufacturing highly productive wind turbines for residential, industrial and commercial use.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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