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Global Wind Turbine Components Market 2018-2022

Global Wind Turbine Components Market 2018-2022

About this market

Advent of wind-solar hybrid plants with battery storage to gain traction in the market. Several countries have been promoting the establishment of wind-solar hybrid plants. Such plants have solar panels and windmills. Technavio’s analysts have predicted that the wind turbine components market will register a CAGR of almost 5% by 2022.

Market Overview

Rapid growth of global wind power market

The growth of the global wind power is driven by Europe and China and the growth of the offshore sector.

Complications associated with materials, control, and storage

Imbalance across various regions is a complication associated with material availability. The availability of different renewable resources of energy is unevenly distributed, which will pose as a major threat to the market.

For the detailed list of factors that will drive and challenge the growth of the wind turbine components market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including GENERAL ELECTRIC and Nordex the competitive environment is quite intense. Factors such as the advent of wind-solar hybrid plants with battery storage and the rapid growth of global wind power market, will provide considerable growth opportunities to wind turbine components manufactures. GENERAL ELECTRIC, Nordex, Senvion, Siemens Gamesa Renewable Energy, Vestas, and Xinjiang Goldwind Science & Technology are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global wind turbine components Market 2018-2022

Technavio recognizes the following companies as the key players in the global wind turbine components market: GENERAL ELECTRIC, Nordex, Senvion, Siemens Gamesa Renewable Energy, Vestas, and Xinjiang Goldwind Science & Technology.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the advent of wind-solar hybrid plants with battery storage.”

According to the report, one of the major drivers for this market is the rapid growth of global wind power market.

Companies Mentioned

GENERAL ELECTRIC

Nordex

Senvion

Siemens Gamesa Renewable Energy

Vestas

and Xinjiang Goldwind Science & Technology

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global wind power systems market
      • Table Global wind power systems market: Segments
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global wind turbine components market: Segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global wind turbine components market: Market size and forecast 2017-2022 ($ bn)
      • Table Global wind turbine components market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by application
    • Overview
      • Table Segmentation by application: Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Onshore - Market size and forecast 2017-2022
      • Table Onshore: Market size and forecast 2017-2022 ($ bn)
      • Table Onshore: Year-over-year growth 2018-2022 (%)
    • Offshore - Market size and forecast 2017-2022
      • Table Offshore: Market size and forecast 2017-2022 ($ bn)
      • Table Offshore: Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by product
    • Overview
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Segmentation by geography: Market share 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC: Market size and forecast 2017-2022 ($ bn)
      • Table APAC: Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA: Market size and forecast 2017-2022 ($ bn)
      • Table EMEA: Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas: Market size and forecast 2017-2022 ($ bn)
      • Table Americas: Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global investments in renewable sources of energy 2006-2016 ($ bn)
    • Market challenges
  • Market trends
    • Consistently declining cost of wind power
    • Advent of wind-solar hybrid plants with battery storage
    • Popularity of offshore wind farms
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive Scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • GENERAL ELECTRIC
      • Table GENERAL ELECTRIC: Overview
      • Table GENERAL ELECTRIC: Business segments
      • Table GENERAL ELECTRIC: Organizational developments
      • Table GENERAL ELECTRIC: Geographic focus
      • Table GENERAL ELECTRIC: Segment focus
      • Table GENERAL ELECTRIC: Key offerings
    • Nordex
      • Table Nordex: Overview
      • Table Nordex: Business segments
      • Table Nordex: Organizational developments
      • Table Nordex: Geographic focus
      • Table Nordex: Segment focus
      • Table Nordex: Key offerings
    • Senvion
      • Table Senvion: Overview
      • Table Senvion: Business segments
      • Table Senvion: Organizational developments
      • Table Senvion: Geographic focus
      • Table Senvion: Segment focus
      • Table Senvion: Key offerings
    • Siemens Gamesa Renewable Energy
      • Table Siemens Gamesa Renewable Energy: Overview
      • Table Siemens Gamesa Renewable Energy: Business segments
      • Table Siemens Gamesa Renewable Energy: Organizational developments
      • Table Siemens Gamesa Renewable Energy: Segment focus
      • Table Siemens Gamesa Renewable Energy: Key offerings
    • Vestas
      • Table Vestas: Overview
      • Table Vestas: Business segments
      • Table Vestas: Organizational developments
      • Table Vestas: Geographic focus
      • Table Vestas: Segment focus
      • Table Vestas: Key offerings
    • Xinjiang Goldwind Science & Technology
      • Table Xinjiang Goldwind Science & Technology: Overview
      • Table Xinjiang Goldwind Science & Technology: Business segments
      • Table Xinjiang Goldwind Science & Technology: Organizational developments
      • Table Xinjiang Goldwind Science & Technology: Geographic focus
      • Table Xinjiang Goldwind Science & Technology: Segment focus
      • Table Xinjiang Goldwind Science & Technology: Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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