This Wind Energy Market Research report 2023-2029 is a valuable source of insightful data for business strategists, describes industrial analysis, driving features and recent market trends, which often benefit to the newly entering key players in the market. This market report is very vital for them as it covers very the profit-making related features that play an important role in driving the growth of the market. Research analysts offers a complete description of the technological progressions, confronts, SWOT study, Porter’s five forces study, and feasibility studies, to better understand the depth of competition, opportunities for the players and modern inclinations. Your business will grow much quicker with the help of an authentic source of statistical surveying from the Report. One can get an whole review of the market and also a brief insight of the market evolution.
Global Wind Energy Market size was valued at $62.1 billion in 2023, and is projected to reach $127.2 billion by 2029, growing at a CAGR of 9.3% from 2023 to 2029.
Wind Energy Market competition by top manufacturers as follow:
Aegis Wind, Ainscough Wind Energy Services, Areva Wind, Aris Wind, Berkshire Hathaway Energy, Broadwind Energy, China Ming Yang Wind Power Group, Clipper Windpower, Dewind, Enercon, Envision Energy, Siemens(Gamesa), Ge Wind Energy, Mapna, Vestas
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Market Segments by Types
Turbine Blade
Electricity Generator
Tower
Control Equipment
Other
Market Segments by Applications
Power Plants
Street Lamp
Other
Market Overview
Significant surge in demand for renewable power sources is expected to drive the wind energy market growth. Governments across the globe are promoting sustainable energy sources, which can reduce carbon emission, unlike conventional power sources. Furthermore, the offshore wind turbine technology removes the constraint of water depth, which aids in selecting the best site possible for power generation. For instance, in June 2017, Statoil, a Norwegian energy company invested $268 million for its Hywind turbine project. The project involved installation of floating wind turbines at 78 meter sea depth in north-east coast of Scotland. Additionally, the efficiency of wind power is higher than that of conventional fossil energy sources (coal, natural, and oil). The maximum efficiency of wind turbine can be up to 59%, whereas for fossil fuel it is 35-45%.
Market News
In February 2022, Ahmedabad Municipal Corporation (India) stopped its plans for the creation of a second wind energy facility worth INR 85 Crore.
In February 2022, China’s second-largest wind manufacturer said it received 1.9 gigawatts of turbine orders from India, highlighting companies’ efforts to seek overseas sales as the domestic market becomes increasingly competitive. Envision Energy Co.’s combined orders amount to the largest capacity that a Chinese wind manufacturer has sold to a single foreign country.
Regional Outlook
Geographically, the global Wind Energy market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)).
The Report Covers
Browse Full Report and TOC:-
https://www.marketinsightsreports.com/reports/021511821545/global-wind-energy-market-research-report-2023-2029?mode=137
Research Methodology:
We follow a robust study methodology that provides data triangulation based on top-down, bottom-up approaches, and authentication of the projected market numbers through main research. The information used to estimate the Wind Energy market size and forecast for numerous segments at the global, regional, and country level is derived from the most reliable published sources and through interviews with the right stakeholders.
Following are major TOC of Wind Energy Market:
Chapter 1 the complete Market Overview
Chapter 2 Global Economic Effect on Corporate recent
Chapter 3 the whole Market Competition by Manufacturers
Chapter 4 Worldwide Production, Revenue (Value) by all County
Chapter 5 the Global Supply (Production), Consumption, Export, Import by Areas
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market valuation by Application
Chapter 8 the Manufacturing Cost valuation
Chapter 9 Professional Chain, Sourcing Strategy and Downstream Customers
Chapter 10 Marketing Strategy assessment, Distributors/Traders
Chapter 11 Global Market Effect Features assessment
Chapter 12 Global Market Forecast
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