About Wind Generators
Wind generators are used to convert kinetic energy into electricity. Wind energy plays an important role in the establishment of a low carbon economy and produces the cheapest electrical energy at a low operational cost. Wind turbines are installed in rural areas to provide electricity to homes and schools. In recent times, wind turbines are built on large water bodies like oceans, seas, lakes, etc. It is becoming more popular as offshore wind tends to be faster than the land, which produces a large amount of electricity compared to onshore. The increased energy need at coastal areas in the countries like the US as half of the population lives in coastal areas will create significant opportunities for offshore wind farms to meet energy demand.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB Ltd (Switzerland), Suzlon Energy LTD (India), Winergy (Germany), Alxion (France), Vortex Bladeless (Spain), Vestas (Denmark), Nordex (Germany), Goldwind (China), General Electric (United States), Siemens (Germany) and Mitsubishi Heavy Industries, Ltd. (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Wind Generators market by Type (Doubly-Fed Induction Generator, Permanent-Magnet Generators, Switched Reluctance Generators, High Temperature Superconducting Generators, Synchronous Generators, Squirrel-Cage Induction Machines and DC Machines), Application (Onshore Wind Energy and Offshore Wind Energy) and Region.
On the basis of geography, the market of Wind Generators has been segmented into 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). If we see Market by Turbine Type, the sub-segment i.e. Small Scale Wind Turbines will boost the Wind Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-use, the sub-segment i.e. Domestic will boost the Wind Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Doubly-Fed Induction Generator for Medium and Large Wind Turbines
Market Growth Drivers:
Growing Preference and Huge Investment by the Government to Generate Electricity from Renewable Sources and Rapidly Emerging Offshore Wind Energy Industries Across the Globe
Challenges:
Slow Adoption of Wind Generators for Domestic Use Due to Less Popularity Among Local Residents
Restraints:
High Initial Cost of Installing Wind Turbine and Impact on Wild Life
Opportunities:
Continuous Development of Large Wind Turbines to Produce a Large Amount of Energy
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wind Generator Manufacturers, Suppliers & Distributors of Wind Generator, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.