Market outlook of the global wind tower market
Technavios market research analyst has estimated that the prospect for growth in this market is strongly driven by the wind energy industry, which is influenced by the rising environmental concerns, increased power demand, favorable government support, and the rising need to reduce dependency on fossil fuels. These factors are expected to stimulate the prospects for growth in this market and results in its impressive market value of more than USD 19 billion by 2019.
In this market research report, analysts estimate the APAC region to dominate the global market for wind towers during the forecast period. Market growth in this region is expected to be driven by factors like rapid industrialization, growing power demand, and government initiatives to back renewable power development. These factors promote market growth in this region during the forecast period and results in its high market share of nearly 44% by 2019.
Competitive landscape and key vendors
This market is highly competitive and is primarily dominated by large vendors like CS Wind Corp and Enercon Gmbh. Vendors that focus on designing robust and tall towers that can support large capacity turbines in both onshore and offshore conditions are expected to gain maximum prominence in this market.
Leading vendors in this market are -
CS Wind Corp
Enercon Gmbh
Shanghai Taisheng Wind Power Equipment
Trinity Structural Towers
Vestas A/S
Windar Renovables
Other prominent vendors analyzed in this market research are AMBAU, Dongkuk, Gamesa, GE, KGW, Siemens, Suzlon, and Win Wind.
Segmentation by type and analysis of the wind tower market
Tubular steel
Concrete
Hybrid
Lattice towers
Technavio market research analysts have estimated the tubular steel towers segment to dominate over all the other segments during the forecast period. Growth in this segment is envisaged to be driven by factors like its cost effectiveness and its ability to provide strength to the wind turbine structures, which results in its impressive market share of almost 92% by 2019.
Application-based segmentation of the wind tower market
Offshore
Onshore
By application, the onshore segment is envisaged to account for more than 92% of the total market share by 2019. Rising onshore wind capacity across the globe is expected to account for this segments high market share during the forecast period.
Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the global wind tower market
What are the key market trends impacting the growth of the global wind tower market
What are the challenges to market growth
Who are the key vendors in the global wind tower market
What are the market opportunities and threats faced by the vendors in the global wind tower market
Trending factors influencing the market shares of the EMEA, Americas, and APAC
What are the key outcomes of the five forces analysis of the global wind tower market
Technavio also offers customization on reports based on specific client requirement.
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
PART 05: Market landscape
Market overview
Technology overview
Market size and forecast
Five forces analysis
PART 06: Market Segmentation by type
Global wind tower market by type 2014
Global wind tower market by type 2019
Global wind tower market by type 2014-2019
Global wind tower market by tubular steel towers
Global wind tower market by concrete towers
Global wind tower market by hybrid towers
Global wind tower market by lattice towers
PART 07: Market segmentation by application
Global wind tower market by application 2014
Global wind tower market by application 2019
Global wind tower market by application 2014-2019
Global wind tower market by onshore application
Global wind tower market by offshore application
PART 08: Geographical segmentation
Global wind tower market by geography 2014
Global wind tower market by geography 2019
Global wind tower market by geography 2014-2019
Wind tower market in APAC
Wind tower market in EMEA
Wind tower market in Americas
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
Competitor landscape
Other prominent vendors
PART 16: Key vendor analysis
CS Wind
Enercon
Shanghai Taisheng Wind Power Equipment
Trinity Structural Towers
Vestas
WINDAR renovables
PART 17: Appendix
List of abbreviation
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global wind tower market segmentation
Exhibit 03: Global wind tower market 2014-2019 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global wind tower market by type 2014
Exhibit 06: Global wind tower market by type 2019
Exhibit 07: Global wind tower market by type 2014-2019
Exhibit 08: Global wind tower market by tubular steel towers 2014-2019 ($ billions)
Exhibit 09: Global wind tower market by concrete towers ($ billions)
Exhibit 10: Global wind tower market by concrete towers 2014-2019 ($ billions)
Exhibit 11: Global wind tower market by lattice towers ($ billions)
Exhibit 12: Global wind tower market by application 2014
Exhibit 13: Global wind tower market by application 2019
Exhibit 14: Global wind tower market by application 2014-2019
Exhibit 15: Global wind tower market by onshore application ($ billions)
Exhibit 16: Global wind tower market by offshore application ($ billions)
Exhibit 17: Global wind tower market by geography 2014
Exhibit 18: Global wind tower market by geography 2019
Exhibit 19: Global wind tower market by geography 2014-2019
Exhibit 20: Wind tower market in APAC 2014-2019 ($ billions)
Exhibit 21: Wind tower market in EMEA ($ billions)
Exhibit 22: Wind tower market in Americas ($ billions)
Exhibit 23: Key leading countries
Exhibit 24: Global cumulative wind turbine capacity 2004-2014 (in GW)
Exhibit 25: WTI Spot Price July 2014-July 2015 ($/bbl)
Exhibit 26: Impact of drivers
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Shanghai Taisheng Wind Power Equipment: Business/product segmentation 2014
Exhibit 29: Trinity Structural Towers: Product segmentation
Exhibit 30: Vestas: Business segmentation by revenue 2014
Exhibit 31: Vestas: Geographical segmentation by revenue 2014
Exhibit 32: WINDAR renovables: Product segmentation
