Global Wind Power Report RE 2017
BMI View: China will drive global wind power capacity growth over the coming decade, while robustgovernment support and greater market openness will cement investor interest in Germany, France andTurkey, driving growth in these markets. Falling offshore wind costs, increased investment in transmission& distribution capacity and consolidation among wind power equipment manufacturers are the key industrythemes we highlight in this edition of the Global Wind Power Report.
In this bi-annual Global Wind Power Report, which is the newest addition to BMI's Renewables service, weaggregate our forecast for the global wind power sector and take a top-down perspective in order to identifyglobal trends, opportunities and risks. Our global wind power forecasts are a bottom-up aggregate of the117 markets we cover, making up more than 99% of the global market.
The report is divided into five different areas, which we outline below together with a number of our views:
Global Wind Forecast: China will be the main driver of growth in installed wind power capacityglobally over the coming decade - installing more than 110GW between 2016 and 2026. The NorthAmerica and Western Europe (NAWE) region will continue to register strong capacity growth at anannual average of 4.8% over the same timeframe, as multiple markets expand their respective windpower sectors.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook