Wind Turbines: Technologies, Applications and Global Markets

Wind Turbines: Technologies, Applications and Global Markets

Report Scope:

This report analyzes different turbine types, installations type, grid connectivity, end use, capacity rating, end user, and regional market development of wind turbines. Furthermore, we also segment the market analysis by major countries in this report, such as the U.S., China, Germany, and others where the opportunities for wind turbines are lucrative.

The report is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current, and future market scenarios. The report also covers leading companies with information on product types, business footprint, revenue, etc. We have also included a list of other companies in global and regional markets. Also, the report includes a patent analysis for the wind turbines market, which represents a significant investment area for investors.

The report incorporates the impact of COVID-19 and the Russia-Ukraine war on the global and regional markets.

In this report 2021 is used as the market’s base year, estimated values are provided for 2022 and market values are forecast for the period of 2022 to 2027. All market values are provided in millions of dollars, and market shares and CAGRs are provided in percentages.

Report Includes:

35 data tables and 46 additional tables

An overview of the global market for wind turbines

Analyses of global market trends, with data from 2021 and 2022, estimates for 2023, 2025, and projections of compound annual growth rates (CAGRs) through 2027

Coverage of history, evolution, applications, and benefits of wind turbine and discussion on market opportunities, major issues and trends affecting the industry

Segmentation of the market by turbine type, installation, grid connectivity, service, end use, capacity rating, and region

Insight into the recent industry structure, regulations and policies, pipeline products, and the vendor landscape of the market leading participants

Company profiles of the leading global players, including Vestas Wind Systems A/S, Siemens Gamesa, General Electric, Ming Yang Smart Energy Group Co. Ltd., Envision Group, and Nordex SE

Companies Mentioned

Crrc Corp. Ltd.
ENERCON GMBH
Envision Energy Usa Ltd.
GENERAL ELECTRIC
GUODIAN UNITED POWER TECHNOLOGY CO. LTD.
HYOSUNG HEAVY INDUSTRIES
Mingyang Smart Energy Group Co. Ltd.
NORDEX SE
Sany Renewable Energy Co. Ltd.
Seawind Ocean Technology Holding B.V.
Shanghai Electric Group Co. Ltd.
SIEMENS GAMESA RENEWABLE ENERGY
SINOVEL WIND GROUP CO. LTD.
SUZLON ENERGY LTD.
VESTAS WIND SYSTEMS A/S
XINJIANG GOLDWIND SCIENCE & TECHNOLOGY CO. LTD.
Zhejiang Windey Co. Ltd


Chapter 1 Introduction
1.1 Introduction
1.2 Study Goals and Objectives
1.3 Reasons for Doing This Study
1.4 Scope of Report
1.5 What’s New in This Update?
1.6 Information Sources
1.7 Intended Audience
1.8 Research Methodology
1.9 Geographical Breakdown
1.10 Analyst's Credentials
1.11 BCC Custom Research
1.12 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
3.1 Current Market Overview
3.1.1 Characterizing Wind Resources
3.1.2 Economic Prospects of Wind Energy
3.1.3 The Cost of Wind Power is Competitive with Conventional Power Plants
3.2 History and Evolution of Wind Turbines
3.2.1 Wind Energy History
3.2.2 Wind Energy Present
3.2.3 Wind Energy Future
3.3 Developments in the Wind Turbine Industry
3.3.1 Catenary Moored Semi-Submersible Platforms (CMSSP) Platform
3.3.2 Tension Leg Platforms (TLP) Platform
3.3.3 Spar Buoys
3.3.4 Pitch Bearings
3.3.5 Rotor Size and Blade Shape
3.3.6 Robotic Inspection
3.4 Trends
3.4.1 Increased Interest in the Renewable Sources of Energy
3.4.2 Heightened Concern about Carbon Emissions
3.4.3 Selling Excess Electricity to the Utilities
3.4.4 Early Stage of Industry
3.5 Wind Turbine Advances
3.6 Wind Turbine Components
3.6.1 Subcomponents for Wind Turbines
3.7 Government Regulations and Incentives: Technological Issues in the Wind Industry
3.7.1 Incentives for Wind Energy
3.7.2 Permits and Legal Aspects
3.7.3 Ecological Impact of Wind Turbines
3.7.4 Production Tax Credit
3.7.5 Government Incentives for the Construction of New Renewable Sources of Energy
3.7.6 Wind Turbine and Component Technology Issues
3.8 Basis of Wind Energy Projects
3.8.1 Wind Energy Project Costs
3.8.2 Cost of Producing Wind Energy
3.9 Steps for Development of Wind Projects
3.10 Certification and Testing of Wind Turbines
3.10.1 Design Assessment
3.10.2 Type Testing
3.10.3 Manufacturing Evaluation
3.10.4 Performance Characteristics
3.10.5 International Standards
3.11 Applications, Advantages, and Challenges
3.11.1 Applications
3.11.2 Advantages of Wind Energy
3.11.3 Disadvantages of Wind Energy
3.11.4 Challenges
3.12 Improving Turbine Efficiencies
3.12.1 Improved Turbine Efficiencies Through Design Innovations
3.12.2 Improved Turbine Efficiencies Using Carbon Fiber
3.13 Types of Wind Turbines
3.13.1 Horizontal-Axis Wind Turbine
3.13.2 Vertical-Axis Wind Turbine
3.14 Wind Turbine Application Types
3.14.1 Off-Grid
3.14.2 On-Grid
3.15 Value Chain Analysis of the Market for Wind Turbines
3.15.1 Raw and Processed Materials
3.15.2 Subcomponents
3.15.3 Components
3.15.4 Logistics and Transportation
3.15.5 End Product
3.15.6 End-Use Industries
3.16 Porter’s Five Forces Model
3.16.1 Supplier Power
3.16.2 Buyer Power
3.16.3 Threat of New Entrants
3.16.4 Threat of Substitutes
3.16.5 Competitive Rivalry
3.17 PESTLE Analysis
3.17.1 Political
3.17.2 Economic
3.17.3 Sociological
3.17.4 Technological
3.17.5 Legal
3.17.6 Environment
3.18 Impact of COVID-19 on the Global Market for Wind Turbines
3.19 Impact of the Russia-Ukraine War on the Global Market for Wind Turbines
Chapter 4 Global Market Dynamics
4.1 Overview
4.2 Market Dynamics
4.2.1 Global Market Drivers
4.2.2 Global Market Restraints
4.2.3 Current Market Trends
4.2.4 Market Opportunities
Chapter 5 Market Breakdown by Turbine Type
5.1 Overview
5.2 Global Market by Turbine Type
5.2.1 Horizontal-Axis Turbines
5.2.2 Vertical-Axis Turbines
5.3 North American Market by Turbine Type
5.4 European Market by Turbine Type
5.5 Asia-Pacific Market by Turbine Type
5.6 Rest of the World Market by Turbine Type
Chapter 6 Market Breakdown by Type of Installation
6.1 Overview
6.2 Global Market by Type of Installation
6.2.1 Onshore
6.2.2 Offshore
6.3 North American Market by Type of Installation
6.4 European Market by Type of Installation
6.5 Asia-Pacific Market by Type of Installation
6.6 Rest of the World Market by Type of Installation
Chapter 7 Market Breakdown by Grid Connectivity
7.1 Global Market by Grid Connectivity
7.1.1 On-grid
7.1.2 Off-grid
7.2 North American Market by Grid Connectivity
7.3 European Market by Grid Connectivity
7.4 Asia-Pacific Market by Grid Connectivity
7.5 Rest of the World Market by Grid Connectivity
Chapter 8 Market Breakdown by End User
8.1 Overview
8.2 Global Market by End User
8.2.1 Independent Power Producers
8.2.2 Investor-Owned Utilities
8.2.3 Public Power Utilities
8.2.4 Rural Electric Cooperatives
8.3 North American Market by End User
8.4 European Market by End User
8.5 Asia-Pacific Market by End User
8.6 Rest of the World Market by End User
Chapter 9 Market Breakdown by Capacity Rating
9.1 Overview
9.2 Global Market by Capacity Rating
9.2.1 Below 2 MW
9.2.2 2 MW to 4 MW
9.2.3 Above 4 MW
9.3 North American Market by Capacity Rating
9.4 European Market by Capacity Rating
9.5 Asia-Pacific by Capacity Rating
9.6 Rest of the World Market by Capacity Rating
Chapter 10 Market Breakdown by End-Use Sector
10.1 Overview
10.2 Global Market by End-Use Sector
10.2.1 Residential
10.2.2 Industrial
10.2.3 Commercial
10.2.4 Utility
10.3 North American Market by End-Use Sector
10.4 European Market by End-Use Sector
10.5 Asia-Pacific by End-Use Sector
10.6 Rest of the World Market by End-Use Sector
Chapter 11 Market Breakdown by Region
11.1 Overview
11.2 Global Market for Wind Turbines by Region
11.3 North American Market for Wind Turbines by Country
11.3.1 U.S.
11.3.2 Canada
11.3.3 Mexico
11.4 European Market for Wind Turbines by Country
11.4.1 Germany
11.4.2 Turkey
11.4.3 France
11.4.4 Denmark
11.4.5 U.K.
11.4.6 The Netherlands
11.4.7 Sweden
11.4.8 Rest of Europe
11.5 Asia-Pacific Market for Wind Turbines by Country
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 Australia
11.5.5 Vietnam
11.5.6 Rest of Asia-Pacific
11.6 Rest of the World Market for Wind Turbines by Subregion
11.6.1 South America
11.6.2 Middle East and Africa
Chapter 12 Patent Analysis
12.1 Overview
12.2 Descriptions of Patent Related to Wind Turbines
Chapter 13 Competitive Landscape
13.1 Overview
13.2 Strategic Analysis
13.2.1 Agreements/Contracts
13.2.2 13.2.1 Product Launches
13.2.3 Collaborations
13.2.4 Acquisitions
13.3 Leading Players in the Global Market for Wind Turbines
13.4 Market Share Analysis
13.5 Wind Turbine Industry Structure
13.5.1 Manufacturers
13.5.2 Developers
13.5.3 Owners
13.5.4 Power Purchasers
13.6 Product Portfolio Analysis
13.6.1 Product Mapping Analysis by Turbine Size Capacity
13.6.2 Product Mapping Analysis by Installation Site
13.7 Key Developments
13.8 Information Resources in the Market for Wind Turbines
Chapter 14 Company Profiles
CRRC CORP. LTD.
ENERCON GMBH
ENVISION ENERGY USA LTD.
GENERAL ELECTRIC
GUODIAN UNITED POWER TECHNOLOGY CO. LTD.
HYOSUNG HEAVY INDUSTRIES
MINGYANG SMART ENERGY GROUP CO. LTD.
NORDEX SE
SANY RENEWABLE ENERGY CO. LTD.
SEAWIND OCEAN TECHNOLOGY HOLDING B.V.
SHANGHAI ELECTRIC GROUP CO. LTD.
SIEMENS GAMESA RENEWABLE ENERGY
SINOVEL WIND GROUP CO. LTD.
SUZLON ENERGY LTD.
VESTAS WIND SYSTEMS A/S
XINJIANG GOLDWIND SCIENCE & TECHNOLOGY CO. LTD.
ZHEJIANG WINDEY CO. LTD.
Chapter 15 Appendix: Acronyms

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