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Wind Turbine Manufacturing in Canada - Industry Market Research Report

  • ID: 4062300
  • Report
  • Region: Canada
  • 35 pages
  • IBISWorld
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Going green: Turbine prices dropped substantially due to increased competition

FEATURED COMPANIES

  • Enercon Canada Inc.
  • General Electric Company
  • Senvion Canada Inc.
  • MORE

Wind Turbine Manufacturing in Canada

Canada is well suited for generating wind-powered electricity, given that it has large tracts of land and abundant wind resources. Consequently, installed wind power capacity in Canada has grown over the five years to 2019, due to federal and provincial government incentives designed to reduce greenhouse gases and promote clean energy. These incentives include tax deductions, feed-in tariffs and governmental guarantees to purchase wind electricity. However, the Canadian Wind Turbine Manufacturing industry contracted over the five years to 2019. The Wind Turbine Manufacturing industry in Canada is expected to increase over the five years to 2024. Wind turbines have an average lifespan of about 20 years, so downstream utilities will demand industry products in the long term to sustain the wind capacity they have already installed.

This industry researches, develops and manufactures wind turbines for various uses such as residential, industrial and commercial.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Enercon Canada Inc.
  • General Electric Company
  • Senvion Canada Inc.
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • General Electric Company
  • Enercon Canada Inc.
  • Senvion Canada Inc.
Note: Product cover images may vary from those shown
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