Global Wind Tower Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Tower Type (Tubular Steel Towers, Concrete Towers, Hybrid Towers, Lattice Towers, Guyed Pole Towers) by Application (Onshore, Offshore) - Product Image

Global Wind Tower Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Tower Type (Tubular Steel Towers, Concrete Towers, Hybrid Towers, Lattice Towers, Guyed Pole Towers) by Application (Onshore, Offshore)

  • ID: 3744022
  • Report
  • Region: Global
  • P&S Market Research
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FEATURED COMPANIES

  • CS Wind Corporation
  • Enercon Gmbh
  • General Electric (Ge)
  • Siemens Ag
  • Suzlon Energy Limited
  • Vestas Wind Systems A/S
  • MORE
The global wind tower market was valued at $26,140.5 million in 2015, and it is expected to witness a CAGR of 7.4% during the forecast period. The increasing wind power capacity installations across the globe and increased government support for wind projects are driving the growth of the global wind tower market. Asia-Pacific accounted for the largest share in the global wind tower market with an estimated value $10,014.2 million in 2015.

Wind tower refers to a tall structure, which supports wind turbine and its other components. It holds the nacelle and rotor of a wind turbine. The wind tower supports the wind turbine blades to safely clear the ground. It positions the turbine to an optimum height to produce electric energy from wind. High wind speed is needed for higher capacity turbines. Therefore, the height of wind tower is an important factor for efficient power generation, as the wind speed increases with height. Moreover, tall towers also minimize turbulence, thus maximizing the performance of wind power plants. Wind towers are chosen on the basis of structure and weight of nacelle. The strength of the wind tower largely depends upon the material used, along with its weight and gauge.

Different types of wind towers are used for the efficient generation of wind energy. Tubular steel towers, concrete towers, lattice towers and hybrid towers are used for large wind turbines. Whereas, guyed pole towers are used for small wind turbines. Wind tower being one of the most important parts of a wind turbine would cost 25% to 30% of the total cost of wind turbine. Wind towers are specially designed for different applications. Wind towers are manufactured for onshore wind turbine, as well as offshore wind turbine.

Distinct governments across the globe are are looking for alternative source of energy to reduce their dependency on conventional energy sources. Wind energy is one of the most efficient alternatives for conventional fossil fuel based energy. Therefore, a high growth in the wind energy industry is expected during the forecast period, thus driving the growth of the global wind tower market.

One of the key trends witnessed in the global wind tower market is the increasing job opportunities for skilled labor worldwide. The manufacturing of wind towers require skilled labor, thus providing work opportunity for workers with specialization in electrical engineering, civil engineering, mechanical engineering, and various other field of manufacturing. The high rate of depletion of fossil fuels and increasing demand for sustainable and ecofriendly energy source are indirectly creating ample opportunities for the growth of the global wind tower market.

Based on application, the offshore segment is expected to witness the fastest growth (17.0% CAGR) during 2016-2022 in the global wind tower market. Among the various wind tower types, the tubular steel towers segment held the largest market share with an estimated $23,035.1 million in 2015, and it is expected to reach $39,108.7 million by 2022.

Some of the major players operating in the global wind tower market are CS Wind Corporation, ENERCON GmbH, Trinity Structural Towers, Inc., Vestas Wind Systems A/S, Shanghai Taisheng Wind Power Equipment Co. Ltd., Siemens AG, WINDAR Renovables, General Electric Company, Suzlon Energy Limited and KGW Schweriner Maschinen-und Anlagenbau GmbH.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CS Wind Corporation
  • Enercon Gmbh
  • General Electric (Ge)
  • Siemens Ag
  • Suzlon Energy Limited
  • Vestas Wind Systems A/S
  • MORE
1. Research Scope & Methodology
1.1 Market Definition
1.2 Research Scope
1.2.1 Market Breakdown by Tower Type
1.2.2 Market Breakdown by Application
1.2.3 Market Breakdown by Region
1.3 Research Methodology and Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.1.1 Value Chain Analysis
3.2 Trends in The Market
3.2.1 Technological Advancements
3.2.2 Increasing Job Opportunities for Skilled Labour
3.3 Opportunities in The Market
3.3.1 Massive Unexplored Latin America, Middle East and Africa Wind Tower Market
3.3.2 High Rate of Fossil Fuel Depletion and Increasing Demand for Reduction of Greenhouse Gases
3.4 Factors Driving The Growth of Market and its Impact on Market Forecast
3.4.1 Increased Government Support for Wind Projects and Stringent Environmental Regulations
3.4.2 Increasing Wind Power Capacity Across The Globe
3.4.3 Increasing Need for Energy Independence and Geopolitical Energy Security
3.4.4 Impact Analysis of Drivers on Market Forecast
3.5 Factors Hindering The Growth of Market and its Impact on Market Forecast
3.5.1 High Cost of Wind Towers and High Initial Wind Turbine Installation Cost
3.5.2 Uncertain Global Economic Conditions
3.5.3 Volatile Raw Material Prices and Inconsistent Wind Power Generation
3.5.4 Impact Analysis of Restraints on Market Forecast

4. Global Wind Tower Market Size and Forecast (2012 - 2022)
4.1 Global Wind Tower Market, by Tower Type
4.1.1 Tubular Steel Towers
4.1.2 Concrete Towers
4.1.3 Hybrid Towers
4.1.4 Lattice Towers
4.1.5 Guyed Pole Towers
4.2 Global Wind Tower Market, by Application
4.2.1 Onshore
4.2.2 Offshore
4.3 Global Wind Tower Market, by Region

5. Global Wind Tower Market, by Geography
5.1 North America Wind Tower Market
5.1.1 North America Wind Tower Market, by Country
5.1.2 North America Wind Tower Market, by Tower Type
5.1.3 North America Wind Tower Market, by Application
5.2 Europe Wind Tower Market
5.2.1 Europe Wind Tower Market, by Country
5.2.2 Europe Wind Tower Market, by Tower Type
5.2.3 Europe Wind Tower Market, by Application
5.3 Asia-Pacific Wind Tower Market
5.3.1 Asia-Pacific Wind Tower Market, by Country
5.3.2 Asia-Pacific Wind Tower Market, by Tower Type
5.3.3 Asia-Pacific Wind Tower Market, by Application
5.4 Latin America Wind Tower Market
5.4.1 Latin America Wind Tower Market, by Country
5.4.2 Latin America Wind Tower Market, by Tower Type
5.4.3 Latin America Wind Tower Market, by Application
5.5 Middle East and Africa Wind Tower Market
5.5.1 Middle East and Africa Wind Tower Market, by Country
5.5.2 Middle East and Africa Wind Tower Market, by Tower Type
5.5.3 Middle East and Africa Wind Tower Market, by Application

6. Competitive Positioning Analysis
6.1 Porter's Five Forces of Competitive Position Analysis
6.1.1 Bargaining Power of Buyers
6.1.2 Bargaining Power of Suppliers
6.1.3 Threat of New Entrants
6.1.4 Intensity of Rivalry
6.1.5 Threat of Substitutes
6.2 Competitive Positioning of Global Wind Tower Market, by Tower Type (2015)

7. Company Profiles and Strategic Developments
7.1 Key Company Profiles
7.1.1 Cs Wind Corporation
7.1.1.1 Business Overview
7.1.1.2 Product and Service Offerings
7.1.2 Enercon Gmbh
7.1.2.1 Business Overview
7.1.2.2 Product and Service Offerings
7.1.3 Trinity Structural Towers, Inc.
7.1.3.1 Business Overview
7.1.3.2 Product and Service Offerings
7.1.4 Vestas Wind Systems A/S
7.1.4.1 Business Overview
7.1.4.2 Product and Service Offerings
7.1.5 Siemens Ag
7.1.5.1 Business Overview
7.1.5.2 Product and Service Offerings
7.1.6 General Electric (Ge)
7.1.6.1 Business Overview
7.1.6.2 Product and Service Offerings
7.1.7 Suzlon Energy Limited
7.1.7.1 Business Overview
7.1.7.2 Product and Service Offerings
7.1.8 Kgw Schweriner Maschinen-Und Anlagenbau Gmbh
7.1.8.1 Business Overview
7.1.8.2 Product and Service Offerings
7.1.9 Windar Renovables
7.1.9.1 Business Overview
7.1.9.2 Product and Service Offerings
7.1.10 Shanghai Taisheng Wind Power Equipment Co. Ltd.
7.1.10.1 Business Overview
7.1.10.2 Product and Service Offerings
7.2 Strategic Developments in The Global Wind Tower Market
7.2.1 Client Win
7.2.2 Merger and Acquisition
7.2.3 Others

8. Appendix
8.1 List of Abbreviations

List of Tables
Table 1 Specific Primary and Secondary Sources Used for this Publication
Table 2 Global Wind Tower Market Snapshot
Table 3 Drivers for The Market: Impact Analysis
Table 4 Restraints for The Market: Impact Analysis
Table 5 Global Wind Tower Market Breakdown by Tower Type, $M(2012 - 2015)
Table 6 Global Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 7 Global Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 8 Global Wind Tower Market Breakdown by Application, $M(2016 - 2022)
Table 9 Global Wind Tower Market Breakdown by Region, $M(2012 - 2015)
Table 10 Global Wind Tower Market Breakdown by Region, $M (2016 - 2022)
Table 11 North America Wind Tower Market Breakdown by Country, $M (2012 - 2015)
Table 12 North America Wind Tower Market Breakdown by Country, $M (2016 - 2022)
Table 13 North America Wind Tower Market Breakdown by Tower Type, $M (2012 - 2015)
Table 14 North America Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 15 North America Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 16 North America Wind Tower Market Breakdown by Application, $M (2016 - 2022)
Table 17 Europe Wind Tower Market Breakdown by Country, $M (2012 - 2015)
Table 18 Europe Wind Tower Market Breakdown by Country, $M (2016 - 2022)
Table 19 Europe Wind Tower Market Breakdown by Tower Type, $M (2012 - 2015)
Table 20 Europe Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 21 Europe Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 22 Europe Wind Tower Market Breakdown by Application, $M (2016 - 2022)
Table 23 Asia-Pacific Wind Tower Market Breakdown by Country, $M (2012 - 2015)
Table 24 Asia-Pacific Wind Tower Market Breakdown by Country, $M (2016 - 2022)
Table 25 Asia-Pacific Wind Tower Market Breakdown by Tower Type, $M (2012 - 2015)
Table 26 Asia-Pacific Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 27 Asia-Pacific Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 28 Asia-Pacific Wind Tower Market Breakdown by Application, $M (2016 - 2022)
Table 29 Latin America Wind Tower Market Breakdown by Country, $M (2012 - 2015)
Table 30 Latin America Wind Tower Market Breakdown by Country, $M (2016 - 2022)
Table 31 Latin America Wind Tower Market Breakdown by Tower Type, $M (2012 - 2015)
Table 32 Latin America Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 33 Latin America Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 34 Latin America Wind Tower Market Breakdown by Application, $M (2016 - 2022)
Table 35 Middle East and Africa Wind Tower Market Breakdown by Country, $M (2012 - 2015)
Table 36 Middle East and Africa Wind Tower Market Breakdown by Country, $M (2016 - 2022)
Table 37 Middle East and Africa Wind Tower Market Breakdown by Tower Type, $M (2012 - 2015)
Table 38 Middle East and Africa Wind Tower Market Breakdown by Tower Type, $M (2016 - 2022)
Table 39 Middle East and Africa Wind Tower Market Breakdown by Application, $M (2012 - 2015)
Table 40 Middle East and Africa Wind Tower Market Breakdown by Application, $M (2016 - 2022)
Table 41 Cs Wind Corporation - Key Facts
Table 42 Product Offerings of Cs Wind Corporation
Table 43 Enercon Gmbh - Key Facts
Table 44 Trinity Structural Towers, Inc. - Key Facts
Table 45 Vestas Wind Systems A/S- Key Facts
Table 46 Siemens Ag - Key Facts
Table 47 Product Offerings of Siemens Ag
Table 48 General Electric (Ge) - Key Facts
Table 49 Product Offerings of General Electric (Ge)
Table 50 Suzlon Energy Limited - Key Facts
Table 51 Kgw Schweriner Maschinen-Und Anglagenbau Gmbh - Key Facts
Table 52 Windar Renovables - Key Facts
Table 53 Shanghai Taisheng Wind Power Equipment Co. Ltd. - Key Facts

List of Figures
Fig 1 Research Scope for Global Wind Tower Market
Fig 2 Research Methodology for Global Wind Tower Market
Fig 3 Value Chain Analysis of Global Wind Tower Market
Fig 4 Cumulative Installed Wind Power Capacity, Mw (2013 and 2014)
Fig 5 Fossil Fuel Energy Consumption As % of Total Energy Consumption (2012)
Fig 6 Global Wind Tower Market Size, $M (2012 - 2022)
Fig 7 Global Wind Tower Market Size by Tower Type, $M (2012 - 2022)
Fig 8 Global Wind Tower Market Size by Application, $M (2012 - 2022)
Fig 9 Global Offshore Wind Capacity, Mw (2011 - 2014)
Fig 10 Offshore Wind Capacity of Key Countries, Mw (2013 and 2014)
Fig 11 Global Wind Tower Market Size by Region, $M (2012 - 2022)
Fig 12 Global Wind Tower Market, by Major Countries of The World (2022)
Fig 13 Porter’s Five Forces of Competitive Position Analysis
Fig 14 Competitive Positioning of Global Wind Tower Market, by Tower Type (2015)
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- CS Wind Corporation
- Enercon Gmbh
- General Electric (Ge)
- Kgw Schweriner Maschinen-Und Anlagenbau Gmbh
- Shanghai Taisheng Wind Power Equipment Co. Ltd.
- Siemens Ag
- Suzlon Energy Limited
- Trinity Structural Towers, Inc.
- Vestas Wind Systems A/S
- Windar Renovables
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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