Wind Turbine Manufacturing in the US - Industry Market Research Report

IBISWorld
September 24, 2014
35 Pages - SKU: IBSS5411080
Countries covered: United States

Wind Turbine Manufacturing in the US

While the American Recovery and Reinvestment Act established incentives for renewable energy development and state governments also implemented favorable clean-energy policies, industry revenue fell during the five years to 2014, due to uncertainties regarding the extension of the PTC. However, downstream operators raced to start projects before the PTC expired in 2013, and strong demand is forecast to carry over to 2014. In the five years to 2019, the industry is expected to further decline, as a result of continued uncertainty regarding the PTC extension. As demand falls, industry operators are anticipated to consolidate manufacturing operations and shift to providing maintenance and support services. Additionally, operators are expected to rely more heavily on international markets.

The Wind Turbine Manufacturing industry manufactures wind turbine blades, towers, generators and related parts. Industry operators also provide maintenance and support services for installed wind turbines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.




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