Marketsandmarkets Worldwide Wind Turbine Market Will Attain $73.5 Billion In China By 2015
Marketsandmarkets: International Wind Turbine Industry Will Attain $73.five Billion With Installed Capacity Of 434.5 GW Globally Such as 99.3 GW In China By 2015.
In line with a brand new marketplace analysis report, Worldwide & China Wind Turbine Market place (2010 2015), published by MarketsandMarkets (www.marketsandmarkets.com), new wind turbines capacity of 236.6 GW would be installed between 2010 and 2015, representing a CAGR of 17% in worldwide installed capacity for the same period. In 2015, the marketplace will generate $73.five billion revenue from turbine sales.
Browse 108 industry data tables/figures and in-depth TOC on Worldwide and China Wind Turbine Industry. Early buyers will receive 10% customization of reports
Increasing price of non-renewable energy sources, growing energy consumption especially from emerging countries, pro-wind regulatory environment for wind projects and increase in utility scale wind energy generation farms have put the world at 159 GW installed capacity at the end of 2009. Investments in wind energy, new trends of technological improvements and increased focus towards offshore wind potential made the industry to grow at compound annual growth rate (CAGR) of 6% in per year installations and 17% in cumulative installed capacity between 2010 and 2015.
Browse All : Wind Turbine Market place
Browse All :China Wind Turbine Industry
The fastest growing region would be Asia Pacific, with per year installations CAGR of 11.3% is expected to outpaceEuropeby 2013. At the end of 2015, Asia Pacific will be at 183 GW installed capacity followed byEuropeat 144 GW and American (North & South) at 105 GW. The growth of Asia Pacific is lead byChina, with CAGR of 15.4% in annual installations and 24.6% in cumulative installed capacity during 2010 to 2015.Chinas turbine industry growth is supported by the internal market drivers such as government support through various subsidies, increasing turbine demand from existing and proposed wind farms and inexpensive raw material availability.
China will also be the best place for turbine and component manufacturing with top 15 OEMs are expected to have presence in the country. However policies and regulations inChinaare mainly supporting the domestic players. About 70% of turbine components should be manufactured within china as per government rule. Chinese players utilized and have lions share of the domestic marketplace with industry share of more than 75% in 2009. However, recently Chinese government has relaxed the rule in order to support more competition from foreign players. So it is expected that many MNCs would set up new manufacturing facilities in china. Hence domestic players will likely to face pressure on their margins and also have to compete with technically superior foreign players. The price per MW of wind turbine is also expected to come down from 2009 levels by 2015 due to increased supply.
The report Worldwide & China Wind Turbine Market place is divided into two chapters. Chapter one will have extensive analysis of International wind turbine market place and Chapter two is aboutChinawind turbine market place. The objective of report is to highlight key market place trends which can be strategically useful and actionable for the stakeholders i.e. turbine manufacturers, turbine component suppliers, raw material suppliers, wind farm developers, investors government agencies and industry associations. The entire report is supported with lot of facts and figures about market size, market revenues, prices per MW, raw materials and cost structures. The total number of tables and figures are about 108 in the report. The report also forecasts the wind turbine market and possible scenario till 2015.
About MarketsandMarkets
MarketsandMarkets (M&M) is a international industry investigation and consulting company based in theU.S.We publish strategically analyzed market investigation reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, like advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge industry intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com
Contact:
Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email:
MarketsandMarkets Blog
Marketsandmarkets: International Wind Turbine Industry Will Attain $73.five Billion With Installed Capacity Of 434.5 GW Globally Such as 99.3 GW In China By 2015.
In line with a brand new marketplace analysis report, Worldwide & China Wind Turbine Market place (2010 2015), published by MarketsandMarkets (www.marketsandmarkets.com), new wind turbines capacity of 236.6 GW would be installed between 2010 and 2015, representing a CAGR of 17% in worldwide installed capacity for the same period. In 2015, the marketplace will generate $73.five billion revenue from turbine sales.
Browse 108 industry data tables/figures and in-depth TOC on Worldwide and China Wind Turbine Industry. Early buyers will receive 10% customization of reports
Increasing price of non-renewable energy sources, growing energy consumption especially from emerging countries, pro-wind regulatory environment for wind projects and increase in utility scale wind energy generation farms have put the world at 159 GW installed capacity at the end of 2009. Investments in wind energy, new trends of technological improvements and increased focus towards offshore wind potential made the industry to grow at compound annual growth rate (CAGR) of 6% in per year installations and 17% in cumulative installed capacity between 2010 and 2015.
Browse All : Wind Turbine Market place
Browse All :China Wind Turbine Industry
The fastest growing region would be Asia Pacific, with per year installations CAGR of 11.3% is expected to outpaceEuropeby 2013. At the end of 2015, Asia Pacific will be at 183 GW installed capacity followed byEuropeat 144 GW and American (North & South) at 105 GW. The growth of Asia Pacific is lead byChina, with CAGR of 15.4% in annual installations and 24.6% in cumulative installed capacity during 2010 to 2015.Chinas turbine industry growth is supported by the internal market drivers such as government support through various subsidies, increasing turbine demand from existing and proposed wind farms and inexpensive raw material availability.
China will also be the best place for turbine and component manufacturing with top 15 OEMs are expected to have presence in the country. However policies and regulations inChinaare mainly supporting the domestic players. About 70% of turbine components should be manufactured within china as per government rule. Chinese players utilized and have lions share of the domestic marketplace with industry share of more than 75% in 2009. However, recently Chinese government has relaxed the rule in order to support more competition from foreign players. So it is expected that many MNCs would set up new manufacturing facilities in china. Hence domestic players will likely to face pressure on their margins and also have to compete with technically superior foreign players. The price per MW of wind turbine is also expected to come down from 2009 levels by 2015 due to increased supply.
The report Worldwide & China Wind Turbine Market place is divided into two chapters. Chapter one will have extensive analysis of International wind turbine market place and Chapter two is aboutChinawind turbine market place. The objective of report is to highlight key market place trends which can be strategically useful and actionable for the stakeholders i.e. turbine manufacturers, turbine component suppliers, raw material suppliers, wind farm developers, investors government agencies and industry associations. The entire report is supported with lot of facts and figures about market size, market revenues, prices per MW, raw materials and cost structures. The total number of tables and figures are about 108 in the report. The report also forecasts the wind turbine market and possible scenario till 2015.
About MarketsandMarkets
MarketsandMarkets (M&M) is a international industry investigation and consulting company based in theU.S.We publish strategically analyzed market investigation reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, like advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge industry intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com
Contact:
Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email:
MarketsandMarkets Blog
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