Product Code: IRTNTR44826
Technavio has been monitoring the wind turbine generator market and it is poised to grow by $ 7.22 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on wind turbine generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in wind energy consumption, the decline in LCOE of wind power generation, and supportive regulatory policies for wind energy projects. In addition, rise in wind energy consumption is anticipated to boost the growth of the market as well.
The wind turbine generator market analysis includes application segment and geographical landscapes
Technavio's ‘wind turbine generator market ’ is segmented as below:
By Application:
By Geographic Landscape:
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the R&D in direct-drive generators for wind turbines as one of the prime reasons driving the wind turbine generator market growth during the next few years. Also, the rise in offshore installations and rise in patent filings will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our wind turbine generator market covers the following areas:
- Wind turbine generator market sizing
- Wind turbine generator market forecast
- Wind turbine generator market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind turbine generator market vendors that include ABB Ltd., Alxion, AVANTIS Energy Group, Bora Energy, General Electric Co., SANY Group Co. Ltd., Siemens AG, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., and Vestas Wind System AS. Also, the wind turbine generator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Onshore - Market size and forecast 2019-2024
- Offshore - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers - Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Alxion
- AVANTIS Energy Group
- Bora Energy
- General Electric Co.
- SANY Group Co. Ltd.
- Siemens AG
- Sinovel Wind Group Co. Ltd.
- Suzlon Energy Ltd.
- Vestas Wind System AS
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Exhibit
- 1: Key Finding 1
- 2: Key Finding 2
- 3: Key Finding 3
- 4: Key Finding 5
- 5: Key Finding 6
- 6: Key Finding 7
- 7: Key Finding 8
- 8: Parent market
- 9: Market characteristics
- 10: Offerings of vendors included in the market definition
- 11: Market segments
- 12: Global - Market size and forecast 2019 - 2024 ($ million)
- 13: Global market: Year-over-year growth 2019 - 2024 (%)
- 14: Five forces analysis 2019 & 2024
- 15: Bargaining power of buyers
- 16: Bargaining power of suppliers
- 17: Threat of new entrants
- 18: Threat of substitutes
- 19: Threat of rivalry
- 20: Market condition - Five forces 2019
- 21: Application - Market share 2019-2024 (%)
- 22: Comparison by Application
- 23: Onshore - Market size and forecast 2019-2024 ($ million)
- 24: Onshore - Year-over-year growth 2019-2024 (%)
- 25: Offshore - Market size and forecast 2019-2024 ($ million)
- 26: Offshore - Year-over-year growth 2019-2024 (%)
- 27: Market opportunity by Application
- 28: Customer landscape
- 29: Market share by geography 2019-2024 (%)
- 30: Geographic comparison
- 31: APAC - Market size and forecast 2019-2024 ($ million)
- 32: APAC - Year-over-year growth 2019-2024 (%)
- 33: Europe - Market size and forecast 2019-2024 ($ million)
- 34: Europe - Year-over-year growth 2019-2024 (%)
- 35: North America - Market size and forecast 2019-2024 ($ million)
- 36: North America - Year-over-year growth 2019-2024 (%)
- 37: South America - Market size and forecast 2019-2024 ($ million)
- 38: South America - Year-over-year growth 2019-2024 (%)
- 39: MEA - Market size and forecast 2019-2024 ($ million)
- 40: MEA - Year-over-year growth 2019-2024 (%)
- 41: Key leading countries
- 42: Market opportunity by geography ($ million)
- 43: Impact of drivers and challenges
- 44: Vendor landscape
- 45: Landscape disruption
- 46: Industry risks
- 47: Vendors covered
- 48: Market positioning of vendors
- 49: ABB Ltd. - Overview
- 50: ABB Ltd. - Business segments
- 51: ABB Ltd. - Key offerings
- 52: ABB Ltd. - Key customers
- 53: ABB Ltd. - Segment focus
- 54: Alxion - Overview
- 55: Alxion - Product and service
- 56: Alxion - Key offerings
- 57: Alxion - Key customers
- 58: Alxion - Segment focus
- 59: AVANTIS Energy Group - Overview
- 60: AVANTIS Energy Group - Product and service
- 61: AVANTIS Energy Group - Key offerings
- 62: AVANTIS Energy Group - Key customers
- 63: AVANTIS Energy Group - Segment focus
- 64: Bora Energy - Overview
- 65: Bora Energy - Product and service
- 66: Bora Energy - Key offerings
- 67: Bora Energy - Key customers
- 68: Bora Energy - Segment focus
- 69: General Electric Co. - Overview
- 70: General Electric Co. - Business segments
- 71: General Electric Co. - Key offerings
- 72: General Electric Co. - Key customers
- 73: General Electric Co. - Segment focus
- 74: SANY Group Co. Ltd. - Overview
- 75: SANY Group Co. Ltd. - Product and service
- 76: SANY Group Co. Ltd. - Key offerings
- 77: SANY Group Co. Ltd. - Key customers
- 78: SANY Group Co. Ltd. - Segment focus
- 79: Siemens AG - Overview
- 80: Siemens AG - Business segments
- 81: Siemens AG - Key offerings
- 82: Siemens AG - Key customers
- 83: Siemens AG - Segment focus
- 84: Sinovel Wind Group Co. Ltd. - Overview
- 85: Sinovel Wind Group Co. Ltd. - Product and service
- 86: Sinovel Wind Group Co. Ltd. - Key offerings
- 87: Sinovel Wind Group Co. Ltd. - Key customers
- 88: Sinovel Wind Group Co. Ltd. - Segment focus
- 89: Suzlon Energy Ltd. - Overview
- 90: Suzlon Energy Ltd. - Business segments
- 91: Suzlon Energy Ltd. - Key offerings
- 92: Suzlon Energy Ltd. - Key customers
- 93: Suzlon Energy Ltd. - Segment focus
- 94: Vestas Wind System AS - Overview
- 95: Vestas Wind System AS - Business segments
- 96: Vestas Wind System AS - Key offerings
- 97: Vestas Wind System AS - Key customers
- 98: Vestas Wind System AS - Segment focus
- 99: Currency conversion rates for US$
- 100: Research Methodology
- 101: Validation techniques employed for market sizing
- 102: Information sources
- 103: List of abbreviations
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