The Wind Power industry generates revenue from owning and operating wind farms and selling the energy they produce to downstream customers. Government tax credit assistance and state renewable portfolio standards (RPS) have supported the growth of renewable energy. Turbine technology has continued to advance, lowering the cost of equipment and allowing producers to generate high profit. Overall, industry revenue is set to grow at a CAGR of 11.8% to $136.2 billion through 2023, including a 9.6% increase in 2023 alone.Gentle breeze: A greater focus on reducing greenhouse gas emissions will contribute to industry growth
Companies in this industry operate wind farms, which consist of wind-operated turbines that are used to generate electricity.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
- JARGON & GLOSSARY
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nextera Energy Inc.
- Avangrid, Inc.
- Duke Energy Corporation
Methodology
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