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Analyzing the Global Market for Wind Turbine Towers

Analyzing the Global Market for Wind Turbine Towers

Wind turbines today are manufactured in a wide range of vertical and horizontal axis forms. Keeping with the times, wind towers have also been changing their sizes and shapes and are today available in various types ranging from tubular steel towers to guyed towers to lattice towers and to even floating towers. As the technology improved, the demand for wind towers also has gone up, with the ever increasing demand for wind energy around the world.

With the demand for wind power technology accelerating in popularity and institutional support pouring in worldwide, the wind turbine tower market is set to reach nearly $20 billion by 2020. China is the current leader in the wind tower industry, accounting for nearly 50% of the entire market in 2014. The country is expected to continue to lead the industry from the front in the coming years as well.

The US, India and Canada are some of the other major players in the wind turbine tower market.

Aruvian Research analyzes the market for wind towers in its global research report Analyzing the Global Market for Wind Turbine Towers. The report is a highly comprehensive compilation of not only the global market for wind towers but also the global wind energy industry. Divided into five sections, the report begins with an analysis of the global wind power industry.

Section 1 of the report analyzes the global wind power industry through an introduction to wind power, wind power technology analysis and an analysis of the global wind energy industry. The section analyzes how wind turbines work, wind power technology, power generation from wind, types of wind turbines, turbine efficiency, etc.

The global wind energy industry is analyzed through a market profile, market statistics, market analysis by the following regions - Africa and the Middle East, Asia, Europe, North America, South & Latin America and the Pacific Region. The section also analyzes wind power in the European Union and the global offshore wind market.

Section 2 is an analysis of wind turbines and looks at components of wind turbines, global installations of wind turbines, market size, cost of turbines, turbine size and market share.

Section 3 analyzes the global market for wind turbine towers through an overview of wind turbine towers, turbine height, types of wind turbine towers and considerations for choosing wind towers.

The market for wind turbine towers is analyzed through an industry overview (data is covered from the year 2006 to 2020), industry size and a cost analysis. Industry trends and competition in the industry is also looked at.

Major manufacturers of wind turbine towers such as China Ming Yang Wind Power Group, Enercon, Siemens, Gamesa, Vestas and many others are analyzed through a corporate profile, business segment analysis, a financial analysis and a SWOT analysis, completing this in-depth profile of the global market for wind turbine towers.


Executive Summary
Section 1: Global Wind Power Industry
A. Introduction to Wind Power
A.1 How do Wind Turbines Work?
A.2 Wind Power Technology
A.3 Power Generation from Wind
B. Wind Power Technology
B.1 Introduction
B.2 Types of Turbines
B.3 Airborne Wind Turbine
B.4 Wind Turbine’s Power Output
B.5 Cost of a Wind Turbine
B.6 Turbine Size
B.7 Efficiency Factors
B.8 Offshore Wind Turbines
B.9 Lifetime of a Turbine
B.10 Globalization Impacting the Wind Turbine Market
C. Analyzing the Global Wind Energy Industry
C.1 Market Profile
C.2 Market Statistics
C.3 Market Analysis by Region
C.3.1 Africa & the Middle East
C.3.2 Asia
C.3.3 Europe
C.3.4 North America
C.3.5 South & Latin America
C.3.6 Pacific Region
C.4 Wind Power in the European Union (EU)
C.4.1 Overview
C.4.2 Offshore Wind Market
C.4.3 Market Trends
C.4.4 Regulatory Framework
C.5 Global Offshore Wind Market
C.5.1 Overview
C.5.2 Asia
C.5.3 Europe
C.5.4 United States
Section 2: Global Wind Turbine Industry
A. Introduction to Wind Turbines
A.1 Components of Wind Turbines
A.2 Global Installations of Wind Turbines
A.3 Market Size
A.4 Cost of Turbines
A.5 Average Turbine Size
A.6 Market Share
Section 3: Analyzing the Global Market for Wind Turbine Towers
A. Introduction
A.1 Overview of Wind Turbine Towers
A.2 Turbine Height
A.3 Types of Wind Turbine Towers
A.4 Considerations for Choosing Wind Towers
A.4.1 Cost Considerations
A.4.2 Aerodynamic Considerations
A.4.3 Engineering Considerations
A.4.4 Structural Dynamic Considerations
A.4.5 Tower Height Considerations
A.4.6 Site Considerations
B. Market for Wind Turbine Towers
B.1 Industry Overview
B.2 Industry Size
B.3 Cost of Wind Turbine Towers
C. Industry Trends
D. Competition in the Industry
Section 4: Analysis of Major Manufacturers of Wind Turbine Towers
A. China Ming Yang Wind Power Group Ltd
A.1 Corporate Profile
A.2 Business Segment Analysis
A.3 Financial Analysis
A.4 SWOT Analysis
B. Enercon
B.1 Corporate Profile
B.2 Business Segment Analysis
B.3 Financial Analysis
B.4 SWOT Analysis
C. Gamesa Corporacion Tecnologica SA
C.1 Corporate Profile
C.2 Business Segment Analysis
C.3 Financial Analysis
C.4 SWOT Analysis
D. General Electric Company
D.1 Corporate Profile
D.2 Business Segment Analysis
D.3 Financial Analysis
D.4 SWOT Analysis
E. Senvion SE
E.1 Corporate Profile
E.2 Business Segment Analysis
E.3 Financial Analysis
E.4 SWOT Analysis
F. Siemens AG
F.1 Corporate Profile
F.2 Business Segment Analysis
F.3 Financial Analysis
F.4 SWOT Analysis
G. Sinovel Wind Group Company Limited
G.1 Corporate Profile
G.2 Business Segment Analysis
G.3 Financial Analysis
G.4 SWOT Analysis
H. Suzlon Energy Limited
H.1 Corporate Profile
H.2 Business Segment Analysis
H.3 Financial Analysis
H.4 SWOT Analysis
I. Vestas Wind Systems A/S
I.1 Corporate Profile
I.2 Business Segment Analysis
I.3 Financial Analysis
I.4 SWOT Analysis
J. Envision Energy
K. Guodian United Power Technology Co., Ltd.
L. Xinjiang Goldwind
Section 5: Conclusion
A. Appendix
B. Glossary of Terms
List of Figures
Figure 1: Power Curve for Wind Turbine
Figure 2: Energy Produced at Various Wind Speeds at Typical Wind Farm Site
Figure 3: Energy Produced at Various Wind Speeds at Typical Site
Figure 4: Capacity Factor in % of Rated Power
Figure 5: Aerodynamics of Wind Power
Figure 6: Components in a Simplified Wind Turbine
Figure 7: Airborne Wind Generator
Figure 8: Main Components of a Wind Turbine and their Share of the Overall Turbine Cost for a 5 MW Wind Turbine
Figure 9: Turbine Diameter Growth with Time
Figure 10: Growth in Size of Commercial Wind Turbine Designs
Figure 11: Development of the Average Wind Turbine Size Sold in Different Countries (in KW)
Figure 12: Increase in Turbine Prices from 2012 to 2014
Figure 13: Top 10 Cumulative Capacity as of Dec 2014
Figure 14: Top 10 New Installed Capacity Jan-Dec 2014
Figure 15: Global Annual Installed Wind Capacity 1997-2014
Figure 16: Global Cumulative Installed Wind Capacity 1997-2014
Figure 17: Annual Installed Capacity by Region 2006-2014
Figure 18: Share of New Wind Power Installations in the EU (in MW), 2014
Figure 19: Total Installed Capacity in the European Union (in MW), 2001-2014
Figure 20: Electricity Generating Installations in the EU (in GW), 2000-2014
Figure 21: Annual Offshore Wind Capacity Installations in Europe in 2014 (in MW)
Figure 22: Share of Wind Turbine Manufacturers’ at end of 2014 (in MW)
Figure 23: Components of a Wind Turbine
Figure 24: Global Annual Wind Power Installations (in GW), 2006-2015
Figure 25: Global Turbine Market Size (in USD Billion) & Average Turbine Cost (in USD per kW), 2006-2015
Figure 26: Average Capacity of a Wind Turbine, Offshore and Onshore Turbines (in MW), 2006-2020
Figure 27: Major Players in the Global Turbine Industry & their Market Share (%), 2014
Figure 28: Yearly Variation of Market Shares of Major Wine Turbine Suppliers (%), 2007-2014
Figure 29: Guyed Wind Tower
Figure 30: Guyed Tilt-Up Wind Tower
Figure 31: Freestanding Lattice Wind Tower
Figure 32: Freestanding Tubular Wind Tower
Figure 33: Floating Wind Tower
Figure 34: Size of the Wind Tower Market (in USD Billion), 2006-2020
Figure 35: Cost of the Wind Turbine Towers (in USD per kW), 2006-2020
Figure 36: Revenues & Profitability of Suzlon Energy Limited (in USD Million), 2010-2014
Figure 37: General Layout for a Wind Turbine System
Figure 38: An Offshore Wind Farm
Figure 39: Overall Wind Farm Costs
Figure 40: Total Renewables Cost Envelope vs. Coal, Gas & Nuclear Cost
Figure 41: Combustion Emissions from Electricity Generation 2005-2050
Figure 42: Low Emission Generation Requirements
List of Tables
Table 1: Four Optional Installation Systems for Offshore Wind Power
Table 2: Global Installed Wind Power Capacity (MW) by Regions, 2013-2014
Table 3: Upcoming Offshore Wind Power Projects in Japan
Table 4: Wind Farms and Turbines Connected to the Grid at end of 2014 in Europe
Table 5: Global Annual Wind Power Installations (in GW), 2006-2015
Table 6: Global Turbine Market Size (in USD Billion) & Average Turbine Cost (in USD per kW), 2006-2015
Table 7: Average Capacity of a Wind Turbine, Offshore and Onshore Turbines (in MW), 2006-2020
Table 8: Yearly Variation of Market Shares of Major Wine Turbine Suppliers (%), 2007-2014
Table 9: Size of the Wind Tower Market (in USD Billion), 2006-2020
Table 10: Cost of the Wind Turbine Towers (in USD per kW), 2006-2020
Table 11: Leading Manufacturers of Wind Turbine Towers
Table 12: Leading Manufacturers of Wind Turbine Towers by Geographic Location
Table 13: Major Turbines Developed by Enercon
Table 14: Key Financials of Suzlon Energy Limited (in USD Million), 2010-2014

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