Market Research Report
Global Wind Energy Overview: Assessment of Global Wind Power Markets, Capacity Additions, Policies, Wind Turbine OEM Market Dynamics, and Market Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||917299|
|Published||Content info||59 Pages; 31 Tables, Charts & Figures
Delivery time: 1-2 business days
|Global Wind Energy Overview: Assessment of Global Wind Power Markets, Capacity Additions, Policies, Wind Turbine OEM Market Dynamics, and Market Forecasts|
|Published: November 27, 2019||Content info: 59 Pages; 31 Tables, Charts & Figures||
Global wind industry installations were flat from 2017 to 2018, but behind the flat figures have been profound shifts throughout global wind power markets. Some mature markets are facing flat or declining growth due to adjustments to more competitive policy environments and reductions or eliminations of subsidies. However, these changes are being offset by increasing wind power development in countries that were not previously wind power markets.
Growth is led by countries in Asia Pacific and non-traditional markets in Europe, Latin America, and the Middle East & Africa. Wind power is being developed not only in a greater variety of countries but also increasingly in offshore as well as onshore. The global wind power industry is expected to install significant new capacity over the next decade. This new capacity value is anticipated to increase tenfold over the forecast. The fortunes and pitfalls of various country markets often affect the small number of wind turbine OEMs that are active in these global markets and their waxing or waning market shares by country or region.
This Navigant Research report analyzes the global wind power market to assess current and future development cycle and projections for new installed wind capacity. The study provides an analysis of the market issues related to wind development, including drivers and barriers such as power contract auction rates, volume, and related policy and market environments. Global market forecasts, segmented by region, extend through 2028. The report also summarizes the key industry players related to wind power development.