Global Wind Generator Market Overview:
Wind turbines use the wind to make electricity. The wind turns the propeller-like blades of a turbine around a rotor, which spins a generator, which creates electricity. Wind generator situated on a tower and driven by the force of the wind on blades or a rotor. The growing need for the adoption of renewable energy sources, increasing government reimbursements in renewable energy source establishments, escalating global energy consumption are some of the major drivers contributing to the growth of the market.
Growth Drivers
- Growing Need for the Adoption of Renewable Energy Sources
- Increasing Government Reimbursements in Renewable Energy Source Establishments
- Escalating Global Energy Consumption
Roadblocks
- Highly Capital Extensive Project Requires Huge Investments
- Volatility in Average Wind Speeds across the Globe
Opportunities
- Increasing Awareness about Renewable Energy Sources
- Continues Increase in the Fossil Fuel Prices
Competitive Landscape:
Some of the key players profiled in the report are Siemens (Germany), General Electric (United States), Vestas (Denmark), Goldwind (China), Enercon (Germany), United Power (United States), Senvion (Germany), Nordex (Germany), Samsung (South Korea) and Mitsubishi Heavy Industries, Ltd (Japan). Additionally, following companies can also be profiled that are part of our coverage like Repower (Switzerland) and Alstom (France). Analyst at AMA Research see German Manufacturers to retain maximum share of Global Wind Generator market by 2026.
Latest Market Insights:
On 26 Sept 2019, Vestas has secured a 168 MW order for a wind park in Mexico. The order derives from a corporate power purchase agreement (PPA) and includes the supply and installation of 42 wind turbines of the 4 MW platform with V150 rotors. The order also includes an Active Output Management 5000 (AOM 5000) service agreement for the operation and maintenance of the wind park over the next five years.
On 12 Sept 2019, Siemens Gamesa Renewable Energy (SGRE) has begun construction of the world’s largest wind turbine blade test stand in Aalborg, Denmark. The site will be capable of performing full-scale tests on the next generations of SGRE rotor blades and is expected to be fully operational before the end of 2019. and On 29 May 2019, Goldwind International Holdings (HK) Ltd ("Goldwind"), announced the sale of its 20 megawatt Musselshell Wind Projects in Montana to Potentia Renewables Inc., a Toronto-based developer, owner, and operator of renewable energy assets.
What Can be Explored with the Wind Generator Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wind Generator Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wind Generator
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wind Generator market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wind Generator market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Wind Generator Manufacturers, Wind Generator Traders/Distributors, Wind Generator Importer/Exporter, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.