Wind Power

Global Market Trajectory & Analytics

MCP-1193

EXECUTIVE ENGAGEMENTS

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Number of executives repeatedly engaged by snail & email outreach

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PARTICIPANTS

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VALIDATIONS

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COMPANIES

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DATE

APR 2021

TABLES

66

PAGES

217

EDITION

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CODE

MCP-1193


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HIGHLIGHTS & REPORT INDEX

Amid the COVID-19 crisis, the global market for Wind Power estimated at 58.3 Thousand Megawatts in the year 2020, is projected to reach a revised size of 69.7 Thousand Megawatts by 2027, growing at a CAGR of 2.6% over the period 2020-2027.
The Wind Power market in the U.S. is estimated at 15.8 Thousand Megawatts in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 14 Thousand Megawatts by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

SELECT PLAYERS

ABB Limited; Acciona Energia SA; China Longyuan Power Group Corporation Limited; DeWind Inc.; Dongfang Electric Corporation Limited; Enel Green Power S.p.A.; ENERCON GmbH; Envision Energy Limited; Eurus Energy Holdings Corporation; GE Renewable Energy; Guodian United Power Technology Company Limited; MHI Vestas Offshore Wind A/S; Ming Yang Smart Energy Group Ltd.; NextEra Energy Resources, LLC; Nordex SE; Senvion S.A.; Siemens Gamesa Renewable Energy, S.A.; Suzlon Energy Limited; Vestas Wind Systems A/S; Xinjiang GoldWind Science & Technology Co., Ltd.

SEGMENTS

» Segment (Wind Power)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Wind Power: Advanced, Affordable, and Proven Choice of Low-Carbon Clean Energy
Market Snapshots
Recent Market Activity
Wind Turbine Innovations & Designs Summarized
Wind Turbine Implementation: Advancements and Challenges
Advancements
Challenges
Energy Driven Versus Environment Driven Markets
Classification of Environment Driven & Energy Driven Markets
Key Factors Hampering Deployments of Wind Energy
China and the US Dominate Wind Power Generation Worldwide
Leading Wind Power Countries Worldwide (2018): Ranking Based on Key Wind Power Facts
Asia-Pacific and Europe Dominate Wind Power Capacity Installations
Denmark Leads the World in Wind Turbine Manufacturing
Brazil: A High Potential Market for Wind Energy
Global Market Outlook
Developing Countries Spearhead Current and Future Market Growth
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ABB Limited (Switzerland)
American Electric Power (USA)
China Longyuan Power Group Corporation Limited (China)
DeWind Inc. (USA)
Dongfang Electric Corporation Limited (China)
Enel Green Power S.p.A. (Italy)
ENERCON GmbH (Germany)
Wind World (India) Limited
Envision Energy Limited (China)
Eurus Energy Holdings Corporation (Japan)
General Electric Company (USA)
GE Renewable Energy (France)
Guodian United Power Technology Company Limited (China)
Ming Yang Smart Energy Group Ltd. (China)
NextEra Energy Resources, LLC (USA)
Nordex SE (Germany)
ACCIONA Windpower S.A. (Spain)
Pacific Hydro Pty Ltd. (Australia)
Senvion S.A. (Germany)
Shell WindEnergy, Inc. (USA)
Siemens AG (Germany)
Siemens Gamesa Renewable Energy, S.A. (Spain)
Suzlon Energy Limited (India)
TransAlta Corporation (Canada)
Vestas Wind Systems A/S (Denmark)
MHI Vestas Offshore Wind A/S (Denmark)
Xinjiang GoldWind Science & Technology Co., Ltd. (China)
VENSYS Energy AG (Germany)
3. MARKET TRENDS & DRIVERS
Escalating Climate Change and the Resulting Renewable Energy Revolution Drive Strong Market Growth for Wind Power
Wind Energy Costs on a Downward Trend
The Inevitable Shift to Renewable Sources of Energy
Promising Outlook for Renewable Energy in both Developed and Developing Markets
Wind and Solar Expansion Lead to Renewable Power Revolution
Renewable Energy Offers Strong Competition to Established Power Sources
Recent Trends in the Renewable Energy Market Summarized
Technology Developments and Removal of Political Barriers Essential for Growth of Renewable Energy
Surging Renewable Energy Investments in Developing Countries Provide the Perfect Platform for Market Expansion
Auction Models, Lack of Subsidies & High Interest Rates: Leading to Future Market Uncertainty?
Growing Popularity & Share of Wind Energy in Total Energy Mix Benefit Market Demand
Increasing Investments in Solar and Wind Power Disrupting Global Electricity Systems and Benefiting Adoption
Offshore Wind Power Generation: The New Frontier to Race Ahead of Onshore Production in the Long Run
Offshore Wind Energy: Turning Point and Innovations
Offshore Wind Power: At the Forefront of Innovation
Offshore-Wind Energy Penetration and the Major Challenges
Rising Popularity of Small Wind Turbines Bodes Well for Market Growth
Shift towards Larger, Hybrid, and Taller Wind Power Turbines Gain Traction
Quest for Larger Machines Lead to Steady Increase in Wind Turbine Size
Potential Size Limits
Performance of Large Wind Turbines
Extensive Range of Design Options for Wind Turbines Bodes Well for Market Adoption
Wind Energy Research & Development Projects Get a Shot in the Arm Leading to Increase in Patent Filing
Prospects of Wind Energy: Mystifying Favoritism?
Myriad Benefits of Wind Energy Drive Widespread Installations
List of Wind Generated Electrical Power Benefits
Important Factors Supporting the Rising Prominence of Wind Power
Spiraling Electricity Appetite from Ballooning Global Population Drive Market Demand
Wind Power Emerge as a Cost-Competitive and Reliable Energy Resource
Critical Role of Technological Advancement in Improving Wind Power Technologies
Improvement in Power Generation Capacity
Enhancing Reliability and Performance of System Component
Research Supporting Advancement of Wind Turbine Systems
Innovative Interface Technology for Wind Turbine Condition Monitoring
Drones: An Efficient Technology for Wind Turbine Inspections
Air-Borne Wind Technology in Place of Traditional Wind Turbine
Bladeless Wind Turbines
EnergySails: Harnessing Wind and Solar Energy on Ships
High Flying Turbines: A Major Breakthrough for Harnessing More Wind Power
Advanced Algorithm Enhances Small Wind Turbines' Efficiency
Advanced Robot Systems for Examining Wind Turbine Rotor Blades
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Wind Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
World Historic Review for Wind Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
USA Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
CANADA
Canada Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
JAPAN
Japan Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
CHINA
China Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
China Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
EUROPE
Europe Current & Future Analysis for Wind Power by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
Europe Historic Review for Wind Power by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
FRANCE
France Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
France Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
GERMANY
Germany Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
ITALY
Italy Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
UNITED KINGDOM
UK Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
UK Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
SPAIN
Spain Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Spain Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
RUSSIA
Russia Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Russia Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
REST OF EUROPE
Rest of Europe Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Wind Power by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Wind Power by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
AUSTRALIA
Australia Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Australia Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
INDIA
India Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
India Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
SOUTH KOREA
South Korea Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
South Korea Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
REST OF ASIA-PACIFIC
Rest of Asia-Pacific Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Rest of Asia-Pacific Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
LATIN AMERICA
Latin America Current & Future Analysis for Wind Power by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
Latin America Historic Review for Wind Power by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
Latin America 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
ARGENTINA
Argentina Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Argentina Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
BRAZIL
Brazil Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Brazil Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
MEXICO
Mexico Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Mexico Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
REST OF LATIN AMERICA
Rest of Latin America Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Rest of Latin America Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
MIDDLE EAST
Middle East Current & Future Analysis for Wind Power by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Megawatts for Years 2020 through 2027 and % CAGR
Middle East Historic Review for Wind Power by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
Middle East 15-Year Perspective for Wind Power by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
IRAN
Iran Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Iran Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
ISRAEL
Israel Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Israel Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
SAUDI ARABIA
Saudi Arabia Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Saudi Arabia Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
UNITED ARAB EMIRATES
UAE Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
UAE Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
REST OF MIDDLE EAST
Rest of Middle East Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Rest of Middle East Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
AFRICA
Africa Current & Future Analysis for Wind Power by Segment - Wind Power - Independent Analysis of Annual Sales in Megawatts for the Years 2020 through 2027 and % CAGR
Africa Historic Review for Wind Power by Segment - Wind Power Markets - Independent Analysis of Annual Sales in Megawatts for Years 2012 through 2019 and % CAGR
Total Companies Profiled: 121

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