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Wind Turbine Market in India 2015-2019

Wind Turbine Market in India 2015-2019

About Wind Turbines

Wind turbine converts kinetic energy of the wind into mechanical energy or electricity. The wind turns two or three propeller-like blades around a rotor. The rotor is connected to the main shaft, which spins a generator to produce electricity. The amount of the power produced depends on the speed of the wind and the number and size of wind turbines. Wind turbines are usually grouped together into a single wind power plant known as wind farm. Bulk electricity is generated in these wind farms, which is transmitted through the grid and distributed to the consumers. Wind turbines can be built on land or offshore in large water bodies such as oceans and lakes. Wind energy is one of the cheapest and cleanest sources of electricity. Unlike the fossil fuels such as coal, oil and gas, wind plants do not generate pollutants or greenhouse gases. Wind power offers various advantages:

  • Wind is a renewable form of energy and inexhaustible unlike fossil fuels
  • It is environment friendly and does not emit greenhouse gases
  • The installation of wind power plants consume less time and low cost compared to that of conventional power plants
  • It is a great source of power in remote locations
Technavio's analysts forecast the wind turbine market in India to grow at a CAGR of 13.1% according to the cumulative installed capacity over the period 2014-2019.

Covered in this Report

The wind turbine market in India can be segmented on the basis of installation type and geography.By installation type:
  • Onshore
  • Offshore
By geography:
  • Tamil Nadu
  • Maharashtra
  • Gujarat
  • Rajasthan
  • Karnataka
  • Others
Technavio's report, Wind Turbine Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market forecast and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
  • Gamesa Wind Turbines
  • Inox Wind
  • Suzlon Energy
  • Vestas Wind Systems
  • WinWinD
Other Prominent Vendors
  • Chiranjeevi Wind Energy
  • Enercon
  • GE Wind
  • Global Wind Power
  • Inox Wind
  • Kenersys India
  • Pioneer Wincon
  • RRB Energy
Market Driver
  • Growing Energy Demand and Need for Energy Security
  • For a full, detailed list, view our report
Market Challenge
  • Low and Inconsistent Generation Capacity
  • For a full, detailed list, view our report
Market Trend
  • Increased Government Support
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Wind Turbine Market in India 2015-2019

Technavio recognizes the following companies as the key players in the Wind Turbine Market in India: Gamesa Wind Turbines, Inox Wind, Suzlon Energy, Vestas Wind Systems and WinWinD

Other Prominent Vendors in the market are: Chiranjeevi Wind Energy, Enercon, GE Wind, Global Wind Power, Inox Wind, Kenersys India, Pioneer Wincon and RRB Energy

Commenting on the report, an analyst from Technavio’s team said: “The launch of new wind power projects has enhanced employment opportunities in the country. The wind power industry hires people with specialized skills to develop wind power projects. Metal works, shipbuilding, civil works, and electrical manufacturing are some of the specialized fields of expertise that are required to construct a wind turbine. The increased number of wind power projects has increased job opportunities in the abovementioned work areas. Therefore, the employment rate in this industry will grow in the next 10 years.”

According to the report, increased energy demand and the need to reduce dependence on fossil fuels favor the growth of the market in India. Favorable government policies and incentives to promote the development of wind energy play a significant role in boosting market growth.

Further, the report states that unavailability of land at potential sites and lack of proper transmission infrastructure in the country restricts the growth of the market.

Companies Mentioned

Gamesa Wind Turbines, Inox Wind, Suzlon Energy, Vestas Wind Systems, WinWinD, Chiranjeevi Wind Energy, Enercon, GE Wind, Global Wind Power, Inox Wind, Kenersys India, Pioneer Wincon, RRB Energy

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Technological Overview
      • Table Components of Wind Turbine
      • Technological Evolution
    • Market Size and Forecast
      • Market Size and Forecast by Cumulative Installed Capacity
        • Table Wind Turbine Market in India by Cumulative Installed Capacity 2014-2019 (MW)
      • Market Size and Forecast by Annual Capacity Addition
        • Table Wind Turbine Market in India by Annual Capacity Addition 2014-2019 (MW)
    • Five Forces Analysis
  • Market Segmentation by Installation Type
    • Wind Turbine Market in India by Onshore Installations
      • Market Size and Forecast
    • Wind Turbine Market in India by Offshore Installations
  • Market Segmentation by Geography
    • Wind Turbine Market in India by Geography 2014
      • Table Wind Turbine Market in India by Geography 2014
    • Wind Turbine Market in India by Geography 2019
      • Table Wind Turbine Market in India by Geography 2019
    • Wind Turbine Market in India by Geography 2014-2019
      • Table Wind Turbine Market in India by Geography 2014-2019
    • Wind Turbine Market in Tamil Nadu
      • Table Wind Turbine Market in Tamil Nadu by Cumulative Installed Capacity 2014-2019 (MW)
    • Wind Turbine Market in Maharashtra
      • Table Wind Turbine Market in Maharashtra by Cumulative Installed Capacity 2014-2019 (MW)
    • Wind Turbine Market in Gujarat
      • Table Wind Turbine Market in Gujarat by Cumulative Installed Capacity 2014-2019 (MW)
    • Wind Turbine Market in Rajasthan
      • Table Wind Turbine Market in Rajasthan by Cumulative Installed Capacity 2014-2019 (MW)
    • Wind Turbine Market in Karnataka
      • Table Wind Turbine Market in Karnataka by Cumulative Installed Capacity 2014-2019 (MW)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Gamesa
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Gamesa: Business Segmentation by Revenue 2014
      • Geographical Breakdown of Wind Turbine Sales 2014
        • Table Gamesa: Geographical Breakdown of Wind Turbines Sales 2014
      • Geographical Presence
        • Table Gamesa: Geographical Presence
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • Inox Wind
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Suzlon Energy Ltd.
      • Key Facts
      • Business Description
      • Business Strategy
      • Sales by Geography
        • Table Suzlon Energy Ltd.: Sales by Geography 2013
      • Key Developments
      • SWOT Analysis
    • Vestas
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Vestas: Business Segmentation 2013
      • Business Segmentation by Revenue
        • Table Vestas: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Vestas: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Vestas: Sales by Geography 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • WinWinD
      • Key Facts
      • Business Overview
      • SWOT Analysis
  • Other Reports in the Series

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