Global Wind Energy Market Analysis Insights, Growth, Application, Trends Is Thriving Worldwide by 2025 - PowerPoint PPT Presentation

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Global Wind Energy Market Analysis Insights, Growth, Application, Trends Is Thriving Worldwide by 2025

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Global Wind Energy Market the study covers the value and volume for a period ranging between 2012 to 2025, where 2012 to 2017 imply the actual annual revenue with forecast between 2019 and 2025. The global Market report also includes qualitative insights of the market such as drivers, restrains, value chain, regulatory framework and trade statistics. – PowerPoint PPT presentation

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Title: Global Wind Energy Market Analysis Insights, Growth, Application, Trends Is Thriving Worldwide by 2025


1
Global Wind Energy Market
  • Drivers, Restraints, Potential Growth
    Opportunities, Vendor Competitive Landscape,
    Trends and Forecast 2018

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2
Global Wind Energy Market Size, Status and
Forecast 2018-2025
  • The global wind energy market size is estimated
    to reach up to USD 320.61 billion by 2025 driven
    by the declining cost of electricity generation,
    thereby facilitating a high rate of wind capacity
    installation globally. The presence of a large
    base of experienced and internationally active
    project developers is another prime factor
    accelerating the development of wind
    technologies.
  • Wind farms installed with several wind turbines
    generate electric energy by converting the
    kinetic energy in the wind. Utility scale
    turbines ranging from 100 kilowatts to as large
    as several megawatts are grouped together in the
    wind farms. These turbines provide bulk power to
    the electrical grid. The amount of power that can
    be harvested depends upon the blade size and the
    blade lengths. Commercially available wind
    turbines have reached a capacity of 8 MW. This
    increase in wind turbine capacity is mainly
    driven by the declining costs of production of
    the blades and rotors. Along with the turbine
    capacity expansion, the ease of grid integration
    is also driving wind energy market share in
    generation of power from renewable energy.
  • The wind energy market growth is primarily
    accelerated by the rising number of wind farm
    installation both offshore and onshore. The
    global wind energy market analysis indicates the
    dominance of onshore capacity installation and
    also estimates the sustained dominance during the
    forecast period. Global onshore wind energy
    installations stood at over 90 in 2017, as the
    cost reduction for every doubling of cumulative
    capacity is estimated to be around 21. This cost
    advantage has prompted heavy investment into the
    onshore wind installation projects. However,
    during the forecast period, the offshore wind
    installation are expected to maintain a higher
    CAGR owing to the policy support, technology
    advances and a rapidly maturing supply chain.

3
Global Wind Energy Market Size, Status and
Forecast 2018-2025
  • The wind energy market size on the basis of
    geography, is headed by the Asia Pacific,
    recording the highest number of wind capacity
    installations in 2017. With approximately 80,
    China had the highest share of wind capacity
    installations in 2017. The high growth rate of
    installations in India making it the fourth
    largest country globally is also a primary driver
    of the dominance of this region. However, Middle
    East and Africa are expected maintain the fastest
    growth on account of support of wind remarkable
    wind resources and efficiency across value chain,
    resulting in gradual reduction in the levelized
    cost of energy (LCOE) of wind power across the
    region.
  • Installation of wind capacity takes is segmented
    into offshore installation and onshore
    installations. The onshore installations held the
    largest market share in global wind energy market
    with more than 90 of total wind capacity
    installation globally. This dominance of onshore
    wind capacity is mainly due to the cost of
    generation of electricity which has fallen by
    approximately a quarter since 2010. The best
    onshore wind projects are expected to deliver
    electricity for an equivalent of USD 3 cents per
    KWh or less. Competitive procurement, especially
    auction have spurred cost reduction for power
    from wind. The low auction results for onshore
    wind in countries such as Brazil, Canada,
    Germany, India, Mexico and Morocco are witnesses
    of the fact that onshore wind is one of the most
    competitive sources of new generation capacity.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/wind-energy-market

4
Global Wind Energy Market Size, Status and
Forecast 2018-2025
  • The global wind energy market is fragmented in
    nature with the presence of a large number of
    global and regional players. Acciona, Enel Green
    Power, ENGIE, Vattenfall, Ørsted A/S, and NRG
    Energy, Inc. are some of the major players in the
    global wind energy market. These players own
    large wind farms and invest heavily in setting up
    new wind farms or acquiring a stake in local wind
    farms with a view to increasing their power
    generation capacity. For instance, in February
    2018, Enel, acting through its Spanish subsidiary
    Endesas local renewable energies company Enel
    Green Power España (EGPE), has signed an
    agreement for the acquisition of 100 of Parques
    Eolicos Gestinver, S.L., a company owning five
    wind farms totaling around 132 MW of capacity,
    from Spanish companies Elawan Energy and Genera
    Avante for a total consideration of 178 million
    euros. Following the acquisition, EGPEs
    installed capacity in Spain increased to more
    than 1,806 MW of which 1,749 MW from wind power,
    equivalent to almost 8 of total installed wind
    capacity in Spain, 43 MW from small hydro, and 14
    MW from other renewable sources.
  • Purchase a single user copy of the global wind
    energy market report _at_ https//www.adroitmarketres
    earch.com/researchreport/purchase/738

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
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