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Wind Turbine Market Research Report , by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19

  • ID: 5367905
  • Report
  • July 2021
  • Region: Global, North America, Europe, Asia Pacific, Latin America, Middle East, Africa
  • 183 pages
  • 360iResearch™
The Global Wind Turbine Market will Grow to USD 170.84 Billion by 2026, at a CAGR of 11.59%

FEATURED COMPANIES

  • Acciona Energia SA
  • Clipper Windpower, LLC
  • Eaton Corporation
  • Enercon GmbH
  • General Electric Company
  • NextEra Energy Inc.
  • MORE
The Global Wind Turbine Market size was estimated at USD 88.46 Billion in 2020 and expected to reach USD 98.42 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 11.59% to reach USD 170.84 Billion by 2026.



Market Statistics:

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Wind Turbine to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Geography, the Wind Turbine Market was examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas was further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific was further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, and Thailand. The Europe, Middle East & Africa was further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. This ongoing research amplifies this research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Wind Turbine Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Wind Turbine Market, including Acciona Energia SA, Bergey Windpower Co., Clipper Windpower, LLC, E.ON SE, Eaton Corporation, EDF SA, Enercon GmbH, Envision Energy Limited, General Electric Company, Guodian United Power Technology Company Limited, Hitachi, Ltd., Ming Yang Wind Power Group Limited, NextEra Energy Inc., Nordex SE, Orient Green Power Company Limited, Orsted AS, Senvion SA, Suzlon Energy Ltd, Vestas Wind Systems A/S, and Xinjiang Goldwind Science & Technology Co. Ltd.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Wind Turbine Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Wind Turbine Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Wind Turbine Market?
4. What is the competitive strategic window for opportunities in the Global Wind Turbine Market?
5. What are the technology trends and regulatory frameworks in the Global Wind Turbine Market?
6. What is the market share of the leading vendors in the Global Wind Turbine Market?
7. What modes and strategic moves are considered suitable for entering the Global Wind Turbine Market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acciona Energia SA
  • Clipper Windpower, LLC
  • Eaton Corporation
  • Enercon GmbH
  • General Electric Company
  • NextEra Energy Inc.
  • MORE
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary
3.1. Introduction
3.2. Market Outlook
3.3. Geography Outlook
3.4. Competitor Outlook

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for economical and efficient renewable energy source such as zero greenhouse gas emission
5.1.1.2. Growing investment for the adoption of offshore wind energy globally
5.1.1.3. Favorable government policies in the implementation of renewable sources
5.1.2. Restraints
5.1.2.1. Relatively high cost of production and maintenance
5.1.3. Opportunities
5.1.3.1. Ongoing integration of technology such as internet of things, artificial intelligence, and data analytics in turbines
5.1.3.2. Rapid technological advancements such as 3D printing, high capacity of wind turbines, and floating wind turbines
5.1.4. Challenges
5.1.4.1. Availability of alternative renewable resource such as solar
5.2. Porters Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Customers
5.2.4. Bargaining Power of Suppliers
5.2.5. Industry Rivalry

6. Americas Wind Turbine Market
6.1. Introduction
6.2. Argentina
6.3. Brazil
6.4. Canada
6.5. Mexico
6.6. United States

7. Asia-Pacific Wind Turbine Market
7.1. Introduction
7.2. Australia
7.3. China
7.4. India
7.5. Indonesia
7.6. Japan
7.7. Malaysia
7.8. Philippines
7.9. Singapore
7.10. South Korea
7.11. Thailand

8. Europe, Middle East & Africa Wind Turbine Market
8.1. Introduction
8.2. France
8.3. Germany
8.4. Italy
8.5. Netherlands
8.6. Qatar
8.7. Russia
8.8. Saudi Arabia
8.9. South Africa
8.10. Spain
8.11. United Arab Emirates
8.12. United Kingdom

9. Competitive Landscape
9.1. FPNV Positioning Matrix
9.1.1. Quadrants
9.1.2. Business Strategy
9.1.3. Product Satisfaction
9.2. Market Ranking Analysis
9.3. Market Share Analysis, By Key Player
9.4. Competitive Scenario
9.4.1. Merger & Acquisition
9.4.2. Agreement, Collaboration, & Partnership
9.4.3. New Product Launch & Enhancement
9.4.4. Investment & Funding
9.4.5. Award, Recognition, & Expansion

10. Company Usability Profiles
10.1. Acciona Energia SA
10.2. Bergey Windpower Co.
10.3. Clipper Windpower, LLC
10.4. E.ON SE
10.5. Eaton Corporation
10.6. EDF SA
10.7. Enercon GmbH
10.8. Envision Energy Limited
10.9. General Electric Company
10.10. Guodian United Power Technology Company Limited
10.11. Hitachi, Ltd.
10.12. Ming Yang Wind Power Group Limited
10.13. NextEra Energy Inc.
10.14. Nordex SE
10.15. Orient Green Power Company Limited
10.16. Orsted AS
10.17. Senvion SA
10.18. Suzlon Energy Ltd
10.19. Vestas Wind Systems A/S
10.20. Xinjiang Goldwind Science & Technology Co. Ltd.

11. Appendix
11.1. Discussion Guide
11.2. License & Pricing

List of Figures
FIGURE 1. GLOBAL WIND TURBINE MARKET SIZE, 2020 VS 2026 (USD BILLION)
FIGURE 2. GLOBAL WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 (USD BILLION)
FIGURE 3. GLOBAL WIND TURBINE MARKET SIZE, 2018-2026 (USD BILLION)
FIGURE 4. GLOBAL WIND TURBINE MARKET: MARKET DYNAMICS
FIGURE 5. GLOBAL WIND TURBINE MARKET: PORTERS FIVE FORCES ANALYSIS
FIGURE 6. AMERICAS WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (%)
FIGURE 7. AMERICAS WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (USD BILLION)
FIGURE 8. COMPETITIVE STRATEGIC WINDOW FOR AMERICAS WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2026
FIGURE 9. ARGENTINA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 10. BRAZIL WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 11. CANADA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 12. MEXICO WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 13. UNITED STATES WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 14. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (%)
FIGURE 15. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (USD BILLION)
FIGURE 16. COMPETITIVE STRATEGIC WINDOW FOR ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2026
FIGURE 17. AUSTRALIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 18. CHINA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 19. INDIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 20. INDONESIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 21. JAPAN WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 22. MALAYSIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 23. PHILIPPINES WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 24. SINGAPORE WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 25. SOUTH KOREA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 26. THAILAND WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 27. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (%)
FIGURE 28. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2020 VS 2026 (USD BILLION)
FIGURE 29. COMPETITIVE STRATEGIC WINDOW FOR EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2026
FIGURE 30. FRANCE WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 31. GERMANY WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 32. ITALY WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 33. NETHERLANDS WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 34. QATAR WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 35. RUSSIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 36. SAUDI ARABIA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 37. SOUTH AFRICA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 38. SPAIN WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 39. UNITED ARAB EMIRATES WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 40. UNITED KINGDOM WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
FIGURE 41. GLOBAL WIND TURBINE MARKET: FPNV POSITIONING MATRIX
FIGURE 42. GLOBAL WIND TURBINE MARKET: SHARE, BY KEY PLAYER, 2020
FIGURE 43. COMPETITIVE SCENARIO ANALYSIS IN GLOBAL WIND TURBINE MARKET, BY TYPE

List of Tables
TABLE 1. GLOBAL WIND TURBINE MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. GLOBAL WIND TURBINE MARKET SIZE, 2018-2026 (USD BILLION)
TABLE 4. AMERICAS WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
TABLE 5. UNITED STATES WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
TABLE 6. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
TABLE 7. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY GEOGRAPHY, 2018-2026 (USD BILLION)
TABLE 8. GLOBAL WIND TURBINE MARKET: SCORES
TABLE 9. GLOBAL WIND TURBINE MARKET: BUSINESS STRATEGY
TABLE 10. GLOBAL WIND TURBINE MARKET: PRODUCT SATISFACTION
TABLE 11. GLOBAL WIND TURBINE MARKET: RANKING
TABLE 12. GLOBAL WIND TURBINE MARKET: SHARE, BY KEY PLAYER, 2020
TABLE 13. GLOBAL WIND TURBINE MARKET: MERGER & ACQUISITION
TABLE 14. GLOBAL WIND TURBINE MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 15. GLOBAL WIND TURBINE MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 16. GLOBAL WIND TURBINE MARKET: INVESTMENT & FUNDING
TABLE 17. GLOBAL WIND TURBINE MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 18. GLOBAL WIND TURBINE MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • Acciona Energia SA
  • Bergey Windpower Co.
  • Clipper Windpower, LLC
  • E.ON SE
  • Eaton Corporation
  • EDF SA
  • Enercon GmbH
  • Envision Energy Limited
  • General Electric Company
  • Guodian United Power Technology Company Limited
  • Hitachi, Ltd.
  • Ming Yang Wind Power Group Limited
  • NextEra Energy Inc.
  • Nordex SE
  • Orient Green Power Company Limited
  • Orsted AS
  • Senvion SA
  • Suzlon Energy Ltd
  • Vestas Wind Systems A/S
  • Xinjiang Goldwind Science & Technology Co. Ltd.
Note: Product cover images may vary from those shown

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