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Global Wind Energy Market Will Grow at CAGR of 9.79% - Industry Size, Growth, Analysis, Forecast

Market Research Store: Published latest report on "Global Wind Energy Market Outlook (2014-2022)" into their database.


Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- The Global Wind Energy market is estimated to be $142.7 billion in 2014 growing at a CAGR of 9.79% to reach $301.3 billion by the year 2022. Wind energy market is expected to drive the market place over next decade due to estimated growth in energy demand. The factors influencing the market growth include environmental friendly and less operating costs. High initial cost is the factor restricting the growth of the market. The offshore market is expected to be the largest market segment.

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Global Wind Energy market is segregated by Type, by Turbine material, by Component and by Geography. Based on Type, the market is segmented into offshore and onshore. Based on Turbine material, the market is categorized into Aluminium, Steel and Copper. Based on Components, the market is classified into Generator, Blades, Rotor and Gear-Box. By geography, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific has the largest market for onshore Wind Energy market and expected to cotinue the steady pace till 2022, followed by Rest of the World.

The Key players in the market include Vestas Wind Systems A/S, GE Energy, Gamesa Corporation Technologica, Suzlon Energy Ltd., Guodian United Power Technology Co., Ltd., ENERCON GMBH, Siemens Wind Power A/S, China Mingyang Wind Power Group Ltd., and Sinovel Wind Co.Ltd.

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This study highlights current dynamics and developments in the Wind Energy market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Wind Energy market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Wind Energy market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Wind Energy market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Wind Energy market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Wind Energy market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Wind Energy market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Wind Energy market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Wind Energy market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Wind Energy market. Some of the factors are technological, political, social, and economic Wind Energy market factors. Various analytical tools such as Porter's Five Forces Analysis and Wind Energy market SWOT analysis are utilized to analyze the data of the Wind Energy market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Wind Energy market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Wind Energy market.