Wind Turbine Market Growth Trends & Forecast till 2025

June 30, 2021

Stratview Research announces the launch of a new research report on the  Wind Turbine Market is Segmented by Axis Type (Horizontal {Up-wind, Down-wind}, Vertical), by Installation Type (Onshore, Offshore), by Connectivity Type (Grid Connected, Stand Alone), by Rating Type (<100 KW, 100KW to 500KW, 500KW to 2MW, and Above 2MW), by Application Type (Utility, Industrial, Commercial, and Residential),  by Component Type (Rotor Module, Nacelle Module, and Tower Module), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)

The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Wind Turbine Market  consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.

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Report Features

The report delivers a detailed view of the industry based on global Wind Turbine Market  size, market growth, and opportunities. The report also analyses market key aspects such as-

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Covid-19 Impact analysis.
• Market environment analysis: Growth drivers and constraints, and SWOT analysis.
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players

Highlights from the Report

Wind Turbine market is likely to witness an impressive CAGR of 7.2% during the forecast period. Rising demand for replacing conventional source of energy with clean and renewable source of energy to reduce global warming caused by pollution is likely to create enormous demand for the wind turbine market over the next five years.

Regional Analysis:

In terms of regions, Asia-Pacific is estimated to be the largest market and is also expected to witness the highest growth in the market fueled by high demand in China, India and Japan. The dominance of the region is attributed to the presence of large number of wind turbine installers across the region. Out of the top fifteen wind turbine manufacturers in the world, eight are from China.

Go Through the Full Scope of the Report Here: https://www.stratviewresearch.com/toc/1227/wind-turbine-market.html

According to the report, the key players of the market are –

• Enercon GmbH
• Vestas Wind Systems A/S
• GE Renewable Energy
• Nordex SE
• Siemens Gamesa Renewable Energy, S.A.
• Dongfang Electric Corporation
• Goldwind Science & Technology Co., Ltd.
• Ming Yang Wind Power Group Limited
• Windey Co., Ltd.
• Envision Group.

Customization of the Report:

Stratview Research also provides customised reports to meet the client’s requirements. Please connect with our sales team (E-mail: sales@stratviewresearch.com) to get a customised report that suits your needs. You can also get in touch with our executives on +1-313-307-4176 to share your research requirements.

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Author : Meha Prasad