About Wind Turbine Components
Wind turbines harness the power of the wind to generate electricity. The energy present in the wind turns the blades around a rotor, which is connected to the main shaft that spins a generator to create electricity. Conventional power generation is gradually losing its sheen owing to growing environmental awareness. Renewable energy such as the wind and solar have gained popularity worldwide.
Technavios analysts forecast the global wind turbine components market to grow at a CAGR of 12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global wind turbine components market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The vendors included in the report are component manufacturers and suppliers.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Wind Turbine Components Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• GE Renewable Energy
• Goldwind
• Siemens
• Suzlon
• Vestas
Other prominent vendors
• Enercon
• Gamesa
• LM wind power
• MFG
• Nordex
• Senvion SE
• TPI
Market driver
• Expansion in offshore wind installations
• For a full, detailed list, view our report
Market challenge
• High failure rate of wind turbine components
• For a full, detailed list, view our report
Market trend
• Increased R&D
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Cost breakdown of wind turbine components
PART 05: Market landscape
Technological overview
Market overview
Market size and forecast by revenue
Five forces analysis
PART 06: Market segmentation by wind turbine components
Global wind turbine components market by components
Global wind tower market
Global wind turbine rotor blade market
Global wind turbine gearbox market
Global wind turbine generator market
PART 07: Geographical segmentation
Global wind turbine components market by geography
Wind turbine components market in APAC
Wind turbine components market EMEA
Wind turbine components market in Americas
PART 08: Market drivers
Expansion in offshore wind installations
Rise in wind energy consumption
Growing environmental concerns
PART 09: Impact of drivers
PART 10: Market challenges
High failure rate of wind turbine components
Potential risk to environment
High cost of offshore wind installations
PART 11: Impact of drivers and challenges
PART 12: Market trends
Increased R&D
Impact of government incentives on wind turbine installations
Increased adoption of carbon emission trading
PART 13: Vendor landscape
Competitive landscape
Other prominent vendors
PART 14: Key vendor analysis
GE Renewable Energy
Goldwind
Siemens
Suzlon Energy
Vestas
PART 15: Appendix
List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global investments in wind energy sector for 2012-2014 ($ billions)
Exhibit 03: Worldwide wind capacity for 2010-2015 (GW)
Exhibit 04: Cost breakdown of wind turbine components
Exhibit 05: Cost comparison of electricity generated by various energy sources
Exhibit 06: Segmentation of global wind turbine components market
Exhibit 07: Global wind turbine components market 2015-2020 ($ billions)
Exhibit 08: Five forces analysis
Exhibit 09: Global wind turbine components market by components 2015 and 2020
Exhibit 10: Global wind turbine components market by components 2015-2020
Exhibit 11: Global wind turbine components market by tower segment 2015-2020 ($ billions)
Exhibit 12: Global wind turbine components market by rotor blade segment 2015-2020 ($ billions)
Exhibit 13: Global wind turbine components market by gear box segment 2015-2020 ($ billions)
Exhibit 14: Global wind turbine components market by generator segment 2015-2020 ($ billions)
Exhibit 15: Characteristics of various types of generators
Exhibit 16: Global wind turbine components market by geography 2015-2020
Exhibit 17: Global wind turbine components market by geographical segmentation 2015-2020
Exhibit 18: Wind turbine components market in APAC 2015-2020 ($ billions)
Exhibit 19: Total installed capacity 2009-2014 (MW)
Exhibit 20: Total installed capacity 2009-2014 (MW)
Exhibit 21: Wind turbine components market in EMEA 2015-2020 ($ billions)
Exhibit 22: Total installed capacity 2009-2014 (MW)
Exhibit 23: Total installed capacity 2009-2014 (MW)
Exhibit 24: Wind turbine components market in Americas 2015-2020 ($ billions)
Exhibit 25: Total installed capacity 2009-2014 (MW)
Exhibit 26: Total installed capacity 2009-2014 (MW)
Exhibit 27: Offshore wind farms
Exhibit 28: Trend of global wind energy consumption 2010-2015 (TWh)
Exhibit 29: Wind power installation country wise for 2015 (in MW)
Exhibit 30: Estimated annual CO? emissions 2015-2030 (millions of tons)
Exhibit 31: Impact of drivers
Exhibit 32: Chances of wind turbine failure due to component malfunction
Exhibit 33: Comparison of capital cost breakdown for onshore and offshore wind power installations in developed countries
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Impact of tax credit on US wind deployment 2010-2014 (MW)
Exhibit 36: Other prominent vendors
Exhibit 37: Wind turbine components in GE Renewable Energy
Exhibit 38: Wind turbine components in Goldwind
Exhibit 39: Wind turbine component product portfolio
Exhibit 40: Siemens: Product overview
Exhibit 41: Suzlon Energy: Product overview
Exhibit 42: Suzlon Energy: Revenue/net income by 2014 and 2015
Exhibit 43: Suzlon Energy: Net margin by R&D expenses 2014 and 2015
Exhibit 44: Vestas: Product overview
Exhibit 45: Wind turbine product portfolio
