Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020

Market: Power

Global, 171 pages report, published by GlobalData

Keywords : Wind power, wind market, turbine market size, turbine average price, turbine market share, turbine key countries, turbine North America, turbine Asia-Pacific, turbine Europe, turbine Middle-East and Africa, turbine US, turbine Canada, turbine Brazil, turbine China, turbine India, turbine UK, turbine Germany, turbine South Africa, turbine Turkey, turbine cumulative installed capacity, wind onshore, wind offshore, generation, average turbine size, drivers, restraints

Report ThumbnailJanuary-2017
Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020

Summary

GlobalData's latest report "Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020" offers comprehensive information and understanding of the global Wind Turbines Market. The report offers in-depth analysis of wind turbine market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, South Africa) level. The report analyzes the wind turbine market value and volume for the historic (2010-2015) and forecast (2016-2020) period. The report covers the drivers and restraints affecting the wind turbine market, country-wise annual additions, average turbine price trends, and the competitive landscape for respective countries in 2015. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts.

Scope

The report analyses Wind Turbine market. Its scope includes -
- Analysis of the growth of wind turbine market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
- The report provides wind turbine market analysis for key countries including the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, and South Africa.
- The report offers country level wind turbine market value and volume for the historical (2010-2015) and forecast (2016-2020) periods.
- It provides competitive landscape at country level for the year 2015.
- Annual additions, average turbine price trends, key market drivers and restraints, and analysis of their impact in wind turbine market are also discussed.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Facilitate decision-making by analyzing historical and forecast data on wind turbine market
- Develop strategies based on developments in the wind turbine market
- Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the wind turbine market
- Respond to your competitors’ business structure, strategies and prospects
  • 1.2 List of Figures
  • Figure 1: Wind Turbines Market, Global, Basic Turbine Components 18
  • Figure 2: Wind Turbines Market, Global, Market Value ($bn), 2010-2020 23
  • Figure 3: Wind Turbines Market, Global, Country Share by Annual Additions (%), 2015 25
  • Figure 4: Wind Turbines Market, Global, Annual Additions (GW), 2010-2020 27
  • Figure 5: Wind Turbines Market, Global, Onshore and Offshore Annual Additions Share (%), 2010-2020 28
  • Figure 6: Wind Turbines Market, Global, Average Turbine Size (MW), 2010-2020 29
  • Figure 7: Wind Turbines Market, Global, Value Chain Activities 31
  • Figure 8: Wind Turbines Market, Global, Average Turbine Price ($/kW), 2010-2020 34
  • Figure 9: Wind Turbines Market, Global, Market Share (%), 2015 41
  • Figure 10: Wind Turbines Market, Americas, Market Value ($bn), 2010-2020 43
  • Figure 11: Wind Turbines Market, Americas, Annual Additions (GW), 2010-2020 45
  • Figure 12: Wind Turbines Market, Americas, Onshore and Offshore Annual Additions Share (%), 2010-2020 46
  • Figure 13: Wind Turbines Market, US, Market Value ($m), 2010-2020 49
  • Figure 14: Wind Turbines Market, US, Annual Additions (MW), 2010-2020 51
  • Figure 15: Wind Turbines Market, US, Onshore and Offshore Annual Additions Share (%), 2010-2020 52
  • Figure 16: Wind Turbines Market, US, Average Turbine Size (MW), 2010-2020 53
  • Figure 17: Wind Turbines Market, US, Average Turbine Price ($/kW), 2010-2020 55
  • Figure 18: Wind Turbines Market, US, Market Share (%), 2015 56
  • Figure 19: Wind Turbines Market, Canada, Market Value ($m), 2010-2020 59
  • Figure 20: Wind Turbines Market, Canada, Annual Additions (MW), 2010-2020 61
  • Figure 21: Wind Turbines Market, Canada, Onshore and Offshore Annual Additions Share (%), 2010-2020 62
  • Figure 22: Wind Turbines Market, Canada, Average Turbine Size (MW), 2010-2020 63
  • Figure 23: Wind Turbines Market, Canada, Average Turbine Price ($/kW), 2010-2020 65
  • Figure 24: Wind Turbines Market, Canada, Market Share (%), 2015 66
  • Figure 25: Wind Turbines Market, Mexico, Market Value ($m), 2010-2020 68
  • Figure 26: Wind Turbines Market, Mexico, Annual Additions (MW), 2010-2020 70
  • Figure 27: Wind Turbines Market, Mexico, Onshore and Offshore Annual Additions Share (%), 2010-2020 71
  • Figure 28: Wind Turbines Market, Mexico, Average Turbine Size (MW), 2010-2020 72
  • Figure 29: Wind Turbines Market, Mexico, Average Turbine Price ($/kW), 2010-2020 74
  • Figure 30: Wind Turbines Market, Mexico, Market Share (%), 2015 75
  • Figure 31: Wind Turbines Market, Brazil, Market Value ($m), 2010-2020 78
  • Figure 32: Wind Turbines Market, Brazil, Annual Additions (MW), 2010-2020 80
  • Figure 33: Wind Turbines Market, Brazil, Onshore and Offshore Annual Additions Share (%), 2010-2020 81
  • Figure 34: Wind Turbines Market, Brazil, Average Turbine Size (MW), 2010-2020 82
  • Figure 35: Wind Turbines Market, Brazil, Average Turbine Price ($/kW), 2010-2020 84
  • Figure 36: Wind Turbines Market, Brazil, Market Share (%), 2015 85
  • Figure 37: Wind Turbines Market, Asia-Pacific, Market Value ($bn), 2010-2020 88
  • Figure 38: Wind Turbines Market, Asia-Pacific, Annual Additions (GW), 2010-2020 89
  • Figure 39: Wind Turbines Market, Asia-Pacific, Onshore and Offshore Annual Additions Share (%), 2010-2020 90
  • Figure 40: Wind Turbines Market, China, Market Value ($m), 2010-2020 93
  • Figure 41: Wind Turbines Market, China, Annual Additions (MW), 2010-2020 95
  • Figure 42: Wind Turbines Market, China, Onshore and Offshore Annual Additions Share (%), 2010-2020 96
  • Figure 43: Wind Turbines Market, China, Average Turbine Size (MW), 2010-2020 97
  • Figure 44: Wind Turbines Market, China, Average Turbine Price ($/kW), 2010-2020 99
  • Figure 45: Wind Turbines Market, China, Market Share (%), 2015 100
  • Figure 46: Wind Turbines Market, India, Market Value ($m), 2010-2020 104
  • Figure 47: Wind Turbines Market, India, Annual Additions (MW), 2010-2020 106
  • Figure 48: Wind Turbines Market, India, Onshore and Offshore Annual Additions Share (%), 2010-2020 107
  • Figure 49: Wind Turbines Market, India, Average Turbine Size (MW), 2010-2020 108
  • Figure 50: Wind Turbines Market, India, Average Turbine Price ($/kW), 2010-2020 110
  • Figure 51: Wind Turbines Market, India, Market Share (%), 2015 111
  • Figure 52: Wind Turbines Market, EMEA, Market Value ($bn), 2010-2020 114
  • Figure 53: Wind Turbines Market, EMEA, Annual Additions (GW), 2010-2020 115
  • Figure 54: Wind Turbines Market, EMEA, Onshore and Offshore Annual Additions Share (%), 2010-2020 116
  • Figure 55: Wind Turbines Market, Germany, Market Value ($m), 2010-2020 119
  • Figure 56: Wind Turbines Market, Germany, Annual Additions (MW), 2010-2020 121
  • Figure 57: Wind Turbines Market, Germany, Onshore and Offshore Annual Additions Share (%), 2010-2020 122
  • Figure 58: Wind Turbines Market, Germany, Average Turbine Size (MW), 2010-2020 124
  • Figure 59: Wind Turbines Market, Germany, Average Turbine Price ($/kW), 2010-2020 125
  • Figure 60: Wind Turbines Market, Germany, Market Share (%), 2015 127
  • Figure 61: Wind Turbines Market, UK, Market Value ($m), 2010-2020 129
  • Figure 62: Wind Turbines Market, UK, Annual Additions (MW), 2010-2020 131
  • Figure 63: Wind Turbines Market, UK, Onshore and Offshore Annual Additions Share (%), 2010-2020 132
  • Figure 64: Wind Turbines Market, UK, Average Turbine Size (MW), 2010-2020 133
  • Figure 65: Wind Turbines Market, UK, Average Turbine Price ($/kW), 2010-2020 135
  • Figure 66: Wind Turbines Market, UK, Market Share (%), 2015 136
  • Figure 67: Wind Turbines Market, France, Market Value ($m), 2010-2020 139
  • Figure 68: Wind Turbines Market, France, Annual Additions (MW), 2010-2020 140
  • Figure 69: Wind Turbines Market, France, Onshore and Offshore Annual Additions Share (%), 2010-2020 141
  • Figure 70: Wind Turbines Market, France, Average Turbine Size (MW), 2010-2020 142
  • Figure 71: Wind Turbines Market, France, Average Turbine Price ($/kW), 2010-2020 144
  • Figure 72: Wind Turbines Market, France, Market Share (%), 2015 145
  • Figure 73: Wind Turbines Market, Turkey, Market Value ($m), 2010-2020 148
  • Figure 74: Wind Turbines Market, Turkey, Annual Additions (MW), 2010-2020 149
  • Figure 75: Wind Turbines Market, Turkey, Onshore and Offshore Annual Additions Share (%), 2010-2020 150
  • Figure 76: Wind Turbines Market, Turkey, Average Turbine Size (MW), 2010-2020 151
  • Figure 77: Wind Turbines Market, Turkey, Average Turbine Price ($/kW), 2010-2020 153
  • Figure 78: Wind Turbines Market, Turkey, Market Share (%), 2015 154
  • Figure 79: Wind Turbines Market, South Africa, Market Value ($m), 2010-2020 157
  • Figure 80: Wind Turbines Market, South Africa, Annual Additions (MW), 2010-2020 159
  • Figure 81: Wind Turbines Market, South Africa, Onshore and Offshore Annual Additions Share (%), 2010-2020 160
  • Figure 82: Wind Turbines Market, South Africa, Average Turbine Size (MW), 2010-2020 161
  • Figure 83: Wind Turbines Market, South Africa, Average Turbine Price ($/kW), 2010-2020 163
  • Figure 84: Wind Turbines Market, South Africa, Market Share (%), 2015 164
  • 1.1 List of Tables
  • Table 1: Wind Turbines Market, Global, Market Value ($bn), 2010-2020 23
  • Table 2: Wind Turbines Market, Global, Country Share by Annual Additions (%), 2015 25
  • Table 3: Wind Turbines Market, Global, Annual Additions (GW), 2010-2020 28
  • Table 4: Wind Turbines Market, Global, Average Turbine Size (MW), 2010-2020 30
  • Table 5: Wind Turbines Market, Global, Comparison of Capital Cost Breakdown for Typical Onshore and Offshore Wind Power Systems 32
  • Table 6: Wind Turbines Market, Global, Component Share in Total Turbine Cost (%) 33
  • Table 7: Wind Turbines Market, Global, Average Turbine Price ($/kW), 2010-2020 34
  • Table 8: Wind Turbines Market, Global, Market Share (%), 2015 41
  • Table 9: Wind Turbines Market, Americas, Market Value ($bn), 2010-2020 43
  • Table 10: Wind Turbines Market, Americas, Annual Additions (GW), 2010-2020 46
  • Table 11: Wind Turbines Market, US, Market Value ($m), 2010-2020 49
  • Table 12: Wind Turbines Market, US, Annual Additions (MW), 2010-2020 52
  • Table 13: Wind Turbines Market, US, Average Turbine Size (MW), 2010-2020 54
  • Table 14: Wind Turbines Market, US, Average Turbine Price ($/kW), 2010-2020 55
  • Table 15: Wind Turbines Market, US, Market Share (%), 2015 56
  • Table 16: Wind Turbines Market, Canada, Market Value ($m), 2010-2020 59
  • Table 17: Wind Turbines Market, Canada, Annual Additions (MW), 2010-2020 62
  • Table 18: Wind Turbines Market, Canada, Average Turbine Size (MW), 2010-2020 64
  • Table 19: Wind Turbines Market, Canada, Average Turbine Price ($/kW), 2010-2020 65
  • Table 20: Wind Turbines Market, Canada, Market Share (%), 2015 66
  • Table 21: Wind Turbines Market, Mexico, Market Value ($m), 2010-2020 69
  • Table 22: Wind Turbines Market, Mexico, Annual Additions (MW), 2010-2020 71
  • Table 23: Wind Turbines Market, Mexico, Average Turbine Size (MW), 2010-2020 73
  • Table 24: Wind Turbines Market, Mexico, Average Turbine Price ($/kW), 2010-2020 74
  • Table 25: Wind Turbines Market, Mexico, Market Share (%), 2015 75
  • Table 26: Wind Turbines Market, Brazil, Market Value ($m), 2010-2020 79
  • Table 27: Wind Turbines Market, Brazil, Annual Additions (MW), 2010-2020 81
  • Table 28: Wind Turbines Market, Brazil, Average Turbine Size (MW), 2010-2020 83
  • Table 29: Wind Turbines Market, Brazil, Average Turbine Price ($/kW), 2010-2020 84
  • Table 30: Wind Turbines Market, Brazil, Market Share (%), 2015 86
  • Table 31: Wind Turbines Market, Asia-Pacific, Market Value ($bn), 2010-2020 88
  • Table 32: Wind Turbines Market, Asia-Pacific, Annual Additions (GW), 2010-2020 90
  • Table 33: Wind Turbines Market, China, Market Value ($m), 2010-2020 94
  • Table 34: Wind Turbines Market, China, Annual Additions (MW), 2010-2020 96
  • Table 35: Wind Turbines Market, China, Average Turbine Size (MW), 2010-2020 98
  • Table 36: Wind Turbines Market, China, Average Turbine Price ($/kW), 2010-2020 99
  • Table 37: Wind Turbines Market, China, Market Share (%), 2015 101
  • Table 38: Wind Turbines Market, India, Market Value ($m), 2010-2020 104
  • Table 39: Wind Turbines Market, India, Annual Additions (MW), 2010-2020 107
  • Table 40: Wind Turbines Market, India, Average Turbine Size (MW), 2010-2020 109
  • Table 41: Wind Turbines Market, India, Average Turbine Price ($/kW), 2010-2020 110
  • Table 42: Wind Turbines Market, India, Market Share (%), 2015 112
  • Table 43: Wind Turbines Market, EMEA, Market Value ($bn), 2010-2020 114
  • Table 44: Wind Turbines Market, EMEA, Annual Additions (GW), 2010-2020 116
  • Table 45: Wind Turbines Market, Germany, Market Value ($m), 2010-2020 119
  • Table 46: Wind Turbines Market, Germany, Annual Additions (MW), 2010-2020 122
  • Table 47: Wind Turbines Market, Germany, Average Turbine Size (MW), 2010-2020 124
  • Table 48: Wind Turbines Market, Germany, Average Turbine Price ($/kW), 2010-2020 126
  • Table 49: Wind Turbines Market, Germany, Market Share (%), 2015 127
  • Table 50: Wind Turbines Market, UK, Market Value ($m), 2010-2020 130
  • Table 51: Wind Turbines Market, UK, Annual Additions (MW), 2010-2020 132
  • Table 52: Wind Turbines Market, UK, Average Turbine Size (MW), 2010-2020 134
  • Table 53: Wind Turbines Market, UK, Average Turbine Price ($/kW), 2010-2020 135
  • Table 54: Wind Turbines Market, UK, Market Share (%), 2015 137
  • Table 55: Wind Turbines Market, France, Market Value ($m), 2010-2020 139
  • Table 56: Wind Turbines Market, France, Annual Additions (MW), 2010-2020 141
  • Table 57: Wind Turbines Market, France, Average Turbine Size (MW), 2010-2020 143
  • Table 58: Wind Turbines Market, France, Average Turbine Price ($/kW), 2010-2020 144
  • Table 59: Wind Turbines Market, France, Market Share (%), 2015 145
  • Table 60: Wind Turbines Market, Turkey, Market Value ($m), 2010-2020 148
  • Table 61: Wind Turbines Market, Turkey, Annual Additions (MW), 2010-2020 150
  • Table 62: Wind Turbines Market, Turkey, Average Turbine Size (MW), 2010-2020 152
  • Table 63: Wind Turbines Market, Turkey, Average Turbine Price ($/kW), 2010-2020 153
  • Table 64: Wind Turbines Market, Turkey, Market Share (%), 2015 154
  • Table 65: Wind Turbines Market, South Africa, Market Value ($m), 2010-2020 158
  • Table 66: Wind Turbines Market, South Africa, Annual Additions (MW), 2010-2020 160
  • Table 67: Wind Turbines Market, South Africa, Average Turbine Size (MW), 2010-2020 162
  • Table 68: Wind Turbines Market, South Africa, Average Turbine Price ($/kW), 2010-2020 163
  • Table 69: Wind Turbines Market, South Africa, Market Share (%), 2015 164
  • Table 70: Abbreviations 165
  • 1 Table of Contents
  • 1 Table of Contents 5
  • 1.1 List of Tables 10
  • 1.2 List of Figures 13
  • 2 Introduction 17
  • 2.1 Wind Turbines Market, Overview 17
  • 2.2 Wind Turbines Market, Technology Definition and Classification 17
  • 2.3 Wind Turbines Market, System Components 18
  • 2.4 GlobalData Report Guidance 20
  • 3 Wind Turbines Market, Global 21
  • 3.1 Wind Turbines Market, Global, Overview 21
  • 3.2 Wind Turbines Market, Global, Market Value ($bn), 2010-2020 22
  • 3.3 Wind Turbines Market, Global, Country Share by Annual Additions (%), 2015 24
  • 3.4 Wind Turbines Market, Global, Annual Additions (GW), 2010-2020 26
  • 3.5 Wind Turbines Market, Global, Average Turbine Size (MW), 2010-2020 29
  • 3.6 Wind Turbines Market, Global, Value Chain Analysis 30
  • 3.7 Wind Turbines Market, Global, Cost Analysis 31
  • 3.7.1 Wind Turbines Market, Global, Onshore and Offshore Wind Farm Cost Comparison, 2015 31
  • 3.7.2 Wind Turbines Market, Global, Major Component Share in the Total Turbine Cost, 2015 32
  • 3.7.3 Wind Turbines Market, Global, Average Turbine Price ($/kW), 2010-2020 33
  • 3.8 Wind Turbines Market, Global, Drivers and Restraints 35
  • 3.8.1 Wind Turbines Market, Global, Drivers 35
  • 3.8.2 Wind Turbines Market, Global, Restraints 38
  • 3.9 Wind Turbines Market, Global, Competitive Landscape, 2015 40
  • 4 Wind Turbines Market, Americas 42
  • 4.1 Wind Turbines Market, Americas, Overview 42
  • 4.2 Wind Turbines Market, Americas, Market Value ($bn), 2010-2020 42
  • 4.3 Wind Turbines Market, Americas, Annual Additions (GW), 2010-2020 44
  • 4.4 Wind Turbines Market, US 47
  • 4.4.1 Wind Turbines Market, US, Overview 47
  • 4.4.2 Wind Turbines Market, US, Market Value ($m), 2010-2020 48
  • 4.4.3 Wind Turbines Market, US, Annual Additions (MW), 2010-2020 50
  • 4.4.4 Wind Turbines Market, US, Average Turbine Size (MW), 2010-2020 53
  • 4.4.5 Wind Turbines Market, US, Average Turbine Price ($/kW), 2010-2020 54
  • 4.4.6 Wind Turbines Market, US, Competitive Landscape, 2015 56
  • 4.5 Wind Turbines Market, Canada 57
  • 4.5.1 Wind Turbines Market, Canada, Overview 57
  • 4.5.2 Wind Turbines Market, Canada, Market Value ($m), 2010-2020 57
  • 4.5.3 Wind Turbines Market, Canada, Annual Additions (MW), 2010-2020 60
  • 4.5.4 Wind Turbines Market, Canada, Average Turbine Size (MW), 2010-2020 63
  • 4.5.5 Wind Turbines Market, Canada, Average Turbine Price ($/kW), 2010-2020 64
  • 4.5.6 Wind Turbines Market, Canada, Competitive Landscape, 2015 66
  • 4.6 Wind Turbines Market, Mexico 67
  • 4.6.1 Wind Turbines Market, Mexico, Overview 67
  • 4.6.2 Wind Turbines Market, Mexico, Market Value ($m), 2010-2020 67
  • 4.6.3 Wind Turbines Market, Mexico, Annual Additions (MW), 2010-2020 69
  • 4.6.4 Wind Turbines Market, Mexico, Average Turbine Size (MW), 2010-2020 72
  • 4.6.5 Wind Turbines Market, Mexico, Average Turbine Price ($/kW), 2010-2020 73
  • 4.6.6 Wind Turbines Market, Mexico, Competitive Landscape, 2015 75
  • 4.7 Wind Turbines Market, Brazil 76
  • 4.7.1 Wind Turbines Market, Brazil, Overview 76
  • 4.7.2 Wind Turbines Market, Brazil, Market Value ($m), 2010-2020 77
  • 4.7.3 Wind Turbines Market, Brazil, Annual Additions (MW), 2010-2020 79
  • 4.7.4 Wind Turbines Market, Brazil, Average Turbine Size (MW), 2010-2020 82
  • 4.7.5 Wind Turbines Market, Brazil, Average Turbine Price ($/kW), 2010-2020 83
  • 4.7.6 Wind Turbines Market, Brazil, Competitive Landscape, 2015 85
  • 5 Wind Turbines Market, Asia-Pacific 87
  • 5.1 Wind Turbines Market, Asia-Pacific, Overview 87
  • 5.2 Wind Turbines Market, Asia-Pacific, Market Value ($bn), 2010-2020 87
  • 5.3 Wind Turbines Market, Asia-Pacific, Annual Additions (GW), 2010-2020 89
  • 5.4 Wind Turbines Market, China 91
  • 5.4.1 Wind Turbines Market, China, Overview 91
  • 5.4.2 Wind Turbines Market, China, Market Value ($m), 2010-2020 92
  • 5.4.3 Wind Turbines Market, China, Annual Additions (MW), 2010-2020 94
  • 5.4.4 Wind Turbines Market, China, Average Turbine Size (MW), 2010-2020 97
  • 5.4.5 Wind Turbines Market, China, Average Turbine Price ($/kW), 2010-2020 98
  • 5.4.6 Wind Turbines Market, China, Competitive Landscape, 2015 100
  • 5.5 Wind Turbines Market, India 101
  • 5.5.1 Wind Turbines Market, India, Overview 101
  • 5.5.2 Wind Turbines Market, India, Market Value ($m), 2010-2020 103
  • 5.5.3 Wind Turbines Market, India, Annual Additions (MW), 2010-2020 105
  • 5.5.4 Wind Turbines Market, India, Average Turbine Size (MW), 2010-2020 108
  • 5.5.5 Wind Turbines Market, India, Average Turbine Price ($/kW), 2010-2020 109
  • 5.5.6 Wind Turbines Market, India, Competitive Landscape, 2015 111
  • 6 Wind Turbines Market, EMEA 113
  • 6.1 Wind Turbines Market, EMEA, Overview 113
  • 6.2 Wind Turbines Market, EMEA, Market Value ($bn), 2010-2020 113
  • 6.3 Wind Turbines Market, EMEA, Annual Additions (GW), 2010-2020 115
  • 6.4 Wind Turbines Market, Germany 117
  • 6.4.1 Wind Turbines Market, Germany, Overview 117
  • 6.4.2 Wind Turbines Market, Germany, Market Value ($m), 2010-2020 118
  • 6.4.3 Wind Turbines Market, Germany, Annual Additions (MW), 2010-2020 120
  • 6.4.4 Wind Turbines Market, Germany, Average Turbine Size (MW), 2010-2020 123
  • 6.4.5 Wind Turbines Market, Germany, Average Turbine Price ($/kW), 2010-2020 125
  • 6.4.6 Wind Turbines Market, Germany, Competitive Landscape, 2015 126
  • 6.5 Wind Turbines Market, UK 128
  • 6.5.1 Wind Turbines Market, UK, Overview 128
  • 6.5.2 Wind Turbines Market, UK, Market Value ($m), 2010-2020 128
  • 6.5.3 Wind Turbines Market, UK, Annual Additions (MW), 2010-2020 130
  • 6.5.4 Wind Turbines Market, UK, Average Turbine Size (MW), 2010-2020 133
  • 6.5.5 Wind Turbines Market, UK, Average Turbine Price ($/kW), 2010-2020 134
  • 6.5.6 Wind Turbines Market, UK, Competitive Landscape, 2015 136
  • 6.6 Wind Turbines Market, France 137
  • 6.6.1 Wind Turbines Market, France, Overview 137
  • 6.6.2 Wind Turbines Market, France, Market Value ($m), 2010-2020 138
  • 6.6.3 Wind Turbines Market, France, Annual Additions (MW), 2010-2020 140
  • 6.6.4 Wind Turbines Market, France, Average Turbine Size (MW), 2010-2020 142
  • 6.6.5 Wind Turbines Market, France, Average Turbine Price ($/kW), 2010-2020 143
  • 6.6.6 Wind Turbines Market, France, Competitive Landscape, 2015 145
  • 6.7 Wind Turbines Market, Turkey 146
  • 6.7.1 Wind Turbines Market, Turkey, Overview 146
  • 6.7.2 Wind Turbines Market, Turkey, Market Value ($m), 2010-2020 147
  • 6.7.3 Wind Turbines Market, Turkey, Annual Additions (MW), 2010-2020 149
  • 6.7.4 Wind Turbines Market, Turkey, Average Turbine Size (MW), 2010-2020 151
  • 6.7.5 Wind Turbines Market, Turkey, Average Turbine Price ($/kW), 2010-2020 152
  • 6.7.6 Wind Turbines Market, Turkey, Competitive Landscape, 2015 154
  • 6.8 Wind Turbines Market, South Africa 155
  • 6.8.1 Wind Turbines Market, South Africa, Overview 155
  • 6.8.2 Wind Turbines Market, South Africa, Market Value ($m), 2010-2020 156
  • 6.8.3 Wind Turbines Market, South Africa, Annual Additions (MW), 2010-2020 158
  • 6.8.4 Wind Turbines Market, South Africa, Average Turbine Size (MW), 2010-2020 161
  • 6.8.5 Wind Turbines Market, South Africa, Average Turbine Price ($/kW), 2010-2020 162
  • 6.8.6 Wind Turbines Market, South Africa, Competitive Landscape, 2015 164
  • 7 Appendix 165
  • 7.1 Abbreviations 165
  • 7.2 Bibliography 166
  • 7.3 Market Definitions 167
  • 7.3.1 Power 167
  • 7.3.2 Installed Capacity 167
  • 7.3.3 Electricity Generation 167
  • 7.3.4 Electricity Consumption 168
  • 7.3.5 Thermal Power Plant 168
  • 7.3.6 Hydropower Plant 168
  • 7.3.7 Nuclear Power 168
  • 7.3.8 Renewable Energy Resources 168
  • 7.3.9 Wind Turbine 168
  • 7.4 Research Methodology 168
  • 7.4.1 Secondary Research 169
  • 7.4.2 Primary Research 169
  • 7.5 Disclaimer 170
  • Wind turbines market will peak at $81 billion in 2019 before falling in 2020, says GlobalData

    The global wind turbines market is set to experience a degree of turbulence over the next few years, rising steadily from $76.54 billion in 2015 to $81.14 billion in 2019, and dipping to $71.21 billion in 2020, according to research and consulting firm GlobalData.

    The company’s latest report states that technological developments have paved the way for more effective and reliable equipment and machinery, making wind one of the most reliable sources of power in the global market. The steady growth of the wind energy market up to 2019 will be fuelled by declining costs of wind power generation, financial incentives by many governments, and growing environmental concerns.

    Swati Gupta, GlobalData’s Analyst covering Power, notes: “Despite the initial year-on-year growth of the wind turbine market during the forecast period, the expiration of Production Tax Credits (PTC) in the US market in 2020 will have a negative impact on global wind turbine installations and market value in the same year.

    “The PTC for wind energy, which pays $23 per megawatt hour ($0.023 per kilowatt hour), will remain until 2016, followed by incremental reductions in value for the years up to January 2020. The projects which start construction in 2017 will get 80% of the credit, those that qualify in 2018 will get 60%, and those in 2019 will get 40%. The PTC for wind facilities will be phased out completely if the construction starts after December 31, 2019. Thus, the wind power market is expected to see a huge rush of capacity additions during 2016-2019 to take the benefits of tax credit extensions before they expire.”

    In terms of regional market share, China is set to continue its dominance of the sector throughout the forecast period, and will be responsible for 26% of the market in 2020, a long way ahead of second-place Germany, with 10%. To meet growing electricity demand, China has focused on increasing its installed capacity mainly from renewable energy sources and nuclear power plants.

    Gupta continues: “Upgrading electricity infrastructure to meet future transmission and distribution demands will be a major challenge for wind power development. Existing grid infrastructure is deemed insufficient and there is an urgent need for modifications to be made to the existing grid and its regulations to accommodate for specific wind power characteristics. Indeed, the development of new grid infrastructure requires massive investment, in terms of financial resources and time, which could reduce the market’s medium-term growth.”
    - Comments provided by Swati Gupta, GlobalData’s Analyst covering Power.
    - Information based on GlobalData’s report: Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020.
    - This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData’s team of industry experts.

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