The global Tubular Steel Wind Tower market was 4610 million US$ in 2017 and is expected to 6230 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2018 and 2025.
Los Angeles, CA -- (SBWIRE) -- 09/27/2018 -- This report studies the Tubular Steel Wind Tower market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The tower is an important element in the structure of a wind turbine. It transmits loads from the nacelle to the foundation and is a significant factor in determining profitability: the higher the tower, the higher the energy output. Depending on the specific needs of a given project, we supply different tower types.
The tubular steel tower is a proven concept that delivers short installation time, optimized logistics, and excellent cost efficiency. Steel segments with a diameter of up to six meters are stacked and joined at the construction site. Tubular steel towers can reach more than 100 meters in height.
As to the global market of wind towers, tubular steel wind towers are taking more than 95% of the market share compared with the rest taken by frame towers and concrete towers. Meanwhile in China where the landforms are quite complex, wind towers in a large power range are still needed. The biggest participators in wind energy Vestas and Siemens, just finished a great many of offshore wind farm projects in Europe over the first half of 2015, at the same time China and US added loads of wind farms with large scale wind turbines (lots offshore wind farms under construction). Moreover, the global wind power installed capacity will create a new annual record regarding the huge added amount in the first half of 2015 in China (10GW). There is no doubt the average size of wind turbines will increase faster than ever before, which may bring more challenges and opportunities to tower manufacturers to provide more robust towers.
The global Tubular Steel Wind Tower market was 4610 million US$ in 2017 and is expected to 6230 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Tubular Steel Wind Tower in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Trinity Structural Towers
CS Wind Corporation
DONGKUK S&C
KGW
Vestas
Enercon
Win & P
Broadwind
Marmen Industries
Valmont
Speco
Titan Wind Energy
Shanghai Taisheng
CNE
Dajin Heavy Industry
Tianneng Electric Power
Harbin Red Boiler Group
Haili Wind Power
Qingdao Wuxiao
Chengxi Shipyard
CNR Wind Turbine
Baolong Equipment
Miracle Equipment
Ge Zhouba Group
Endless
Huayuan
Qingdao Pingcheng
By the product type, the market is primarily split into
<1.5MW
1.5MW
1.5-2.0MW
2.0MW
2.0-3.0MW
>3.0MW
By the end users/application, this report covers the following segments
Onshore
Offshore
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