Global Wind Turbine Components Market 2016-2020

SKU ID : TNV- 10278552

Publishing Date : 09-Mar-2016

No. of pages : 73

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  • About Wind Turbine Components

    Wind turbines harness the power of the wind to generate electricity. The energy present in the wind turns the blades around a rotor, which is connected to the main shaft that spins a generator to create electricity. Conventional power generation is gradually losing its sheen owing to growing environmental awareness. Renewable energy such as the wind and solar have gained popularity worldwide.

    Technavio’s analysts forecast the global wind turbine components market to grow at a CAGR of 12% during the period 2016-2020.

    Covered in this report
    The report covers the present scenario and the growth prospects of the global wind turbine components market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The vendors included in the report are component manufacturers and suppliers.

    The market is divided into the following segments based on geography:
    • Americas
    • APAC
    • EMEA

    Technavio's report, Global Wind Turbine Components Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    Key vendors
    • GE Renewable Energy
    • Goldwind
    • Siemens
    • Suzlon
    • Vestas

    Other prominent vendors
    • Enercon
    • Gamesa
    • LM wind power
    • MFG
    • Nordex
    • Senvion SE
    • TPI

    Market driver
    • Expansion in offshore wind installations
    • For a full, detailed list, view our report

    Market challenge
    • High failure rate of wind turbine components
    • For a full, detailed list, view our report

    Market trend
    • Increased R&D
    • For a full, detailed list, view our report

    Key questions answered in this report
    • What will the market size be in 2020 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?

    You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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