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The Wind Turbine Generator market is a subset of the larger Wind Power industry. It is composed of companies that design, manufacture, and install wind turbines and related components. Wind turbines are used to generate electricity from the kinetic energy of the wind. The market is driven by the increasing demand for renewable energy sources, as well as government incentives and subsidies. Wind turbine technology has advanced significantly in recent years, allowing for larger turbines and higher efficiency.
The Wind Turbine Generator market is highly competitive, with many companies offering a variety of products and services. Major players include Vestas, Siemens Gamesa, GE Renewable Energy, Nordex, and Goldwind. Smaller companies such as Enercon, Senvion, and Suzlon also have a presence in the market. Show Less Read more