The Global Next-Generation Wind Technology market presents a comprehensive analysis of the Next-Generation Wind Technology market by product type (Wind Turbine, Blades, Towers and Wind Rotors), by end-user/application (Onshore Wind Energy and Offshore Wind Energy), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Manufacturers profiled in the report are GE Renewable Energy (France), Siemens Gamesa Renewable Energy S.A. (Germany), Nordex Group (Germany), Ming Yang Wind Power (China), Vestas (Denmark), ABB Ltd (Switzerland), Goldwind (China), Envision Energy (China), Ducted Wind Turbines, Inc. (United States), Carter Wind Turbines (united States), Suzlon (India) and DNV AS (Norway).
Market Snapshot:
Wind energy is the fastest-growing sector across the globe to generate energy. Increasing energy demand across the globe due to the high adoption of advanced technologies and automation has led wind technology manufacturers towards the design and manufacturing of technologically advanced wind energy generation components. The next-generation wind technology is capable to generate energy at relatively low wind speeds.
Market Drivers
- Growing Demand for Next-Generation Innovative Wind Power Generation Components to Improve Performance and Reliability of Wind Turbine
- Increasing Preference for the Offshore Wind Energy to Produce the Huge Amount of Energy
- Significant Growth of Renewable Energy Sector and Expansion of Wind Energy Due to Sharply Falling Costs
Market Trend
- Increasing Innovation in the Rotor Blades and Development of Larger & Taller Towers
- Increased Focus on the Development of High-Efficiency Generators
Restraints
- High Cost Associated with Next-Generation Wind Energy Components and Logistics & Transportation Issues May Hamper the Growth
Geographic Segmentation and Analysis
This section of our report presents a realistic picture of the Global Next-Generation Wind Technology industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)