Wind Turbines: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024

  • ID: 4480359
  • Report
  • Region: Global
  • 170 Pages
  • Wintergreen Research, Inc
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The Global Market for Wind Turbines, at $157 Billion in 2017, is Anticipated to Reach $254 Billion in 2024

FEATURED COMPANIES

  • Block Island Wind Farm
  • Envision
  • GE
  • Kestrel
  • Mingyang
  • Siemens
  • MORE

This 2018 study has 170 pages, 100 tables and figures. The leading vendors in the Wind Turbine industry have invested in high-quality technology and processes to develop leading edge capability to leverage renewable energy markets. Worldwide markets are poised to achieve continuing growth as wind turbines prove their value by managing to capture significant amounts of renewable energy that can be used as electricity. Lowering electrical generation costs is a key benefit. Wind turbines have emerged as the go to technology of choice. While most offshore wind turbines are being put in more remote settings, they are still being put in place, mostly in as shallow waters as can be found.

Worldwide markets are poised to achieve continuing growth as wind turbines prove their value by managing to capture significant amounts of renewable energy that can be used as electricity. Lowering electrical generation costs is a key benefit.

A $157 billion market worldwide in 2017, the wind turbine market has evolved rather steadily. With the world general recognizing the need to embrace renewable energy, wind turbines have emerged as the go to technology of choice. While most offshore wind turbines are being put in more remote settings, they are still being put in place, mostly in as shallow waters as can be found.

Onshore wind turbine markets continue to grow. There is a strategic move to use the wind energy where it is generated. The ability to use wind electricity where it is generated as much as possible appears to be the most cost-efficient way to leverage renewable energy.

Demand prospects remain positive. Emerging markets continue to play a role. Renewal of auctions is reactivating mature markets. Southern Europe is reactivating mature markets with auctions. Activating new markets in Argentina and Russia is being achieved. Excluding China, the global market demand for installations is expected to increase by 8% from 36 GW in 2017 to 45 GW in 2020.

The global market for Wind Turbines, at $157 billion in 2017, is anticipated to reach $254 billion in 2024. Vestas and GE among others are driving wind turbines as their clients are making further investments in development of renewable energy.

Key Topics:

  • Storage of Wind Generated Electricity
  • Wind Energy Leverages
  • Smart Grid
  • Electricity Hub Distribution
  • Renewable Energy
  • Low Auction Prices
  • Transform Wind into
  • Mainstream Energy Source
  • Transition to Auctions
  • Geared vs. Direct Technology
  • Onshore Wind Turbine
  • Offshore Wind Turbine
  • Vertical Wind Turbines
  • Horizontal Wind Turbines
  • Wind Turbine Scale
  • Wind Turbine Global Reach
  • Wind Turbine Local Presence
  • Digital Wind Turbine
  • Transformation
  • Global Warming
  • Increase in Energy Yield oundaries
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FEATURED COMPANIES

  • Block Island Wind Farm
  • Envision
  • GE
  • Kestrel
  • Mingyang
  • Siemens
  • MORE

1. Abstract: Wind Turbine Markets Bring Strong Growth to Renewable Energy Projects

2. Wind Turbine Executive Summary

3. Wind Turbine: Market Description and Market Dynamics
3.1 Go to Market Strategies

4. Wind Turbine Market Shares and Forecasts
4.1 Wind Turbine Market Driving Forces
4.1.1 Local Generation of Wind Energy
4.1.2 Wind Energy Leverages Smart Grid
4.1.3 Wind Turbine Market Saturation In Areas of High Wind
4.1.4 High Energy Factories, Data Centers, And Commercial Plants Can Be Relocated
4.1.5 Significant Shift In Vendor Strategy
4.1.6 Global Warming Reaching A Point Where It Is Impossible To Ignore
4.1.7 Storage of Wind Generated Electricity:
4.2 Wind Turbine Market Shares
4.2.1 GW Unit Analysis
4.3 Wind Turbine Market Forecasts
4.4 Wind Turbine Market Segments
4.4.1 Wind Turbine Market, by Installation
4.4.2 Onshore
4.4.3 Offshore Wind Turbines
4.4.4 Siemens Offshore
4.4.5 North Sea Artificial Power Island Project
4.4.6 Massachusetts Offshore Wind Farms
4.4.7 Wind Turbine Segment Forecasts, Vertical, Horizontal
4.4.8 Horizontal Axis Wind Turbine
4.4.9 Vertical Axis Wind Turbine
4.5 Wind Turbine Market Prices
4.6 Wind Turbine Regional Market Segments
4.6.1 Germany
4.6.2 India

5. Wind Turbine Opportunity Description
5.1 Utility Scale Wind Turbine Projects
5.2 Software for Onshore Wind
5.3 Electricity Storage

6. Wind Turbine Research and Technology

7. Wind Turbine Company Profiles
7.1 Enercon
7.2 Envision
7.3 Eveready Diversified Products
7.3.1 Kestrel Wind Turbines
7.3.2 Eveready South Africa Brands
7.3.3 Kestrel e400nb Applications
7.4 GE Wind Turbines
7.4.1 GE Turbine Sizes
7.4.2 GE Digital Wind Farm
7.4.3 GE Offshore Wind Turbines
7.4.4 Block Island Wind Farm, The First Offshore Farm in the U.S.
7.4.5 GE Wind Turbine Global Presence
7.5 Goldwind
7.5.1 Goldwind Manufacturing Plants
7.6 Leitwind
7.7 Mingyang
7.8 Nordex
7.9 Siemens Wind Power And Renewables
7.9.1 Siemens Gamesa Third-Quarter Revenue
7.9.2 Siemens Onshore
7.9.3 Siemens Onshore
7.9.4 Siemens Off shore
7.9.5 Siemens Offshore
7.9.6 Siemens Digital Transformation
7.10 Suzlon
7.11 United Power
7.12 Vestas
7.12.1 Vestas Strategy
7.12.2 Vestas Revenue
7.12.3 Vestas Onshore
7.12.4 Vestas Activities in the Offshore Wind Power Area
7.12.5 Vestas Services
7.12.6 Vestas Regional Split
7.12.7 Vestas Revenue
7.12.8 Vestas Service Revenue

8. Research Findings and Conclusion

9. Selected List of Companies

10. The Publisher
10.1 Research Methodology
10.2 Research Process
10.3 Research Study
10.4 Research Global Market Intelligence Company
10.5 Report Description: Youth League Sports Software and Revenue Models Matter

List of Figures
Figure 1. Power Projects Example
Figure 2. Go to Market Strategies
Figure 3. Coal Energy Declining, Renewable Energy Increasing
Figure 4. Wind Turbine Market Driving Forces
Figure 5. Wind Turbine Market Shares, Dollars, Worldwide, 2016 and 2017
Figure 6. Wind Turbine Market Shares, GW Units, Worldwide, 2017
Figure 7. Wind Turbine Market Shares, GW Output, Worldwide, 2012 to 2017
Figure 8. Wind Turbine Market Shares, # Turbines Shipped, Worldwide,
Figure 9. Wind Turbine Market Shares, # Turbines Installed, Worldwide,
Figure 10. Wind Turbine Market Shares, Average, Dollars per Turbine Shipped, Worldwide,
Figure 11. Wind Turbine Markets, Dollars, Worldwide, 2012-2017
Figure 12. Wind Turbine Markets, Dollars, Worldwide, 2017-2024
Figure 13. Siemens Regional GW of Wind Turbine Installed
Figure 14. Global Power Generation Additions
Figure 15. Wind Turbine Market Shares, Onshore, Offshore, Dollars, Worldwide, 2012 - 2017
Figure 16. Wind Turbine Market Shares, Onshore, Offshore, Dollars, Worldwide, 2012 - 2017
Figure 17. Wind Turbine Market Shares, Onshore, Offshore GW, Worldwide, 2012 - 2017
Figure 18. Wind Turbine Market Shares, Onshore, Offshore, Percent, Worldwide, 2017 - 2024
Figure 19. Wind Turbine Market Shares, Onshore, Offshore, Percent, Worldwide, 2017 - 2024
Figure 20. Onshore Wind Turbines Positioned for Growth
Figure 21. Onshore, Offshore, and Service Wind Turbine Volume Prospects
Figure 22. Vestas Onshore Wind Turbine Market Objectives
Figure 23. Vestas Onshore Wind Turbine Market Forecast
Figure 24. Offshore Diversified Wind Turbine Business
Figure 25. Siemens Onshore and Offshore Wind Turbine Business Prospects
Figure 26. Energy Market Segments
Figure 27. Wind Turbine North Sea Project
Figure 28. Electricity Hub Distribution From North Sea Island
Figure 29. Wind Turbine Segment Forecasts, Vertical, Horizontal, Percent, 2018 - 2024
Figure 30. Wind Turbine Segment Forecasts, Vertical, Horizontal, Dollars, Worldwide, 2018 - 2024
Figure 31. Wind Turbine Segment Forecasts, Vertical, Horizontal, Dollars, Worldwide, 2012 - 2017
Figure 32. Wind Turbine Regional Analysis Revenue, Dollars, 2017 - 2024
Figure 33. Wind Turbine Regional Analysis Revenue, Percent, 2017 - 2024
Figure 34. Wind Turbine Regional Analysis Revenue, Dollars, 2012 - 2017
Figure 35. Wind Turbine Regional Analysis Revenue, Percent, 2012 - 2017
Figure 36. Vestas Regional Wind Turbine Deliveries
Figure 37. Siemens Wind Turbine Growth Trajectory
Figure 38. Indian Government Commitment to Wind Turbines
Figure 39. Wind Auctions Gaining Momentum
Figure 40. Initiatives by Government under Consideration
Figure 41. Suzlon Market Conditions
Figure 42. Suzlon Increasing Market Share in India
Figure 43. Global Power Generation Capability
Figure 44. Low Auction Prices Transform Wind into Mainstream Energy Source
Figure 45. Global Transition to Auction Systems
Figure 46. Solar PV & Hybrid, Storage, and Offgrid
Figure 47. Enercon Gearless Drive Concept
Figure 48. ENERCONE-126 EP4 Technical Details
Figure 49. Kestrel e400nb Application Areas
Figure 50. GE Wind Turbines
Figure 51. GE Suites: Onshore and Offshore
Figure 52. GE Turbine Sizes
Figure 53. GE Renewable Energy Metrics
Figure 54. GE Wind Turbine Technical Specifications
Figure 55. Siemens Gamesa Wind Turbine Regional Strengths
Figure 56. Siemens Onshore ASP in Order Intake
Figure 57. Siemens Target Cost Reductions Based on Gamesa Synergies
Figure 58. Siemens R&D Spend on Platform and Digitization
Figure 59. Siemens Wind Turbine Footprint Optimization
Figure 60. Siemens Onshore Metrics
Figure 61. Siemens Onshore Wind Installations
Figure 62. Transition to Auctions has Caused Accelerated Price Adjustments
Figure 63. Siemens Wind Turbine Growth Trajectory
Figure 64. Siemens Gamesa SGRE Orders Booked
Figure 65. Siemens Post Merger Scale Market Opportunity
Figure 66. Siemens Strategy in Different Regional Markets
Figure 67. Siemens Gamesa Metrics
Figure 68. Siemens Wind Turbine Revenue
Figure 69. Siemens Wind Turbine Sales Offices
Figure 70. Siemens Gamesa Merger Objectives
Figure 71. Siemens Geared vs. Direct Technology Objectives
Figure 72. Siemens Wind Turbine Levelized Offshore Wind Auction Prces
Figure 73. Siemens Market Positioning
Figure 74. Siemens Wind Turbine Partnering
Figure 75. Siemens Wind Turbine Industrialization
Figure 76. Siemens Consolidation of Adwan Activities
Figure 77. Siemens Clear Leader in Offshore Wind Turbine Market
Figure 78. Siemens Metrics Wind Turbine
Figure 79. Siemens Scale, Global Reach, and Local Presence
Figure 80. Siemens GW Installed Globally 2017 to 2030
Figure 81. Siemens Digital Transformation
Figure 82. Suzlon Wind Turbines
Figure 83. Suzlon Wind Turbine Positioning
Figure 84. Suzlon and Industry Performance
Figure 85. Suzlon Delivery Volumes
Figure 86. Suzlon Pan India Segment
Figure 87. Suzlon Debt Reduction
Figure 88. Suzlon Service Revenue
Figure 89. Suzlon Revenue
Figure 90. Suzlon 2017 Revenue
Figure 91. Suzlon Order Backlog
Figure 92. Wind as Competitive Source of Power
Figure 93. Suzlon Increase in Energy Yield
Figure 94. India Offshore Met Station
Figure 95. Suzlon Technology Locations
Figure 96. Suzlon Global Presence
Figure 97. Vestas Wind Turbines
Figure 98. Vestas Wind Turbine
Figure 99. Vestas Market Positioning
Figure 100. Vestas Wind Turbine Features

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  • Block Island Wind Farm
  • Enercon
  • Envision
  • Eveready
  • GE
  • Goldwind
  • Kestrel
  • Leitwind
  • Mingyang
  • Nordex
  • Siemens
  • Suzlon
  • United Power
  • Vestas
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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