Allied Market Research

Wind Energy Foundation Market Is Set to Boom by 2023

Wind energy foundation Market Size is Set to Grow at a Remarkable Pace in the Coming Years.


Portland, OR -- (SBWIRE) -- 07/26/2017 -- Wind energy is a form of solar energy used to generate electric power. Wind turbines transform the kinetic energy in the wind into the mechanical power. This mechanical power is then converted into electricity with the help of a generator. The uneven heating of atmosphere by the sun, variations in the earths surface, and rotation of the earth leads to the generation of winds. In addition, mountain ranges, water bodies, and forests influence the flow patterns of winds. Factors affecting the amount of energy created by a wind turbine are wind speed, density of air flowing, and cleared area.

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The demand for wind energy technology is expected to rise globally owing to various factors such as growth in demand for expansion of electricity generation and access. Apart from the above factors, production capacity additions, decline in prices, and increase in R&D drive the wind energy foundation market. However, climatic changes and global warming restrain the growth of the market. Moreover, government initiatives, and subsidies provided globally is expected to open new opportunities in the market.

The major players profiled in this study include the following:
- Suzlon Energy Limited
- Ramboll Group
- OWEC Tower AS
- Offshore Wind Power Systems of Texas LLC
- Blue H Engineering BV
- Marine Innovation & Technology
- Statoil ASA
- Principle Power, Inc.
- DONG Energy (UK) Ltd.

Wind Energy Foundation Market Key Segments

By Foundation Type
- Monopile
- Gravity Based Structure (GBS)
- Space Frame-Tripod
- Space Frame-Jacket
- Space Frame Tri-Pile

By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o India
o South Korea
o Japan
o Rest of Asia-Pacific
o Brazil
o Argentina
o Africa
o Saudi Arabia
o Rest of LAMEA

Key Players
- Bladt Industries A/S
- TAG Energy Solutions Ltd
- MT Hjgaard
- Fugro
- Dillinger Group
(The aforementioned companies are profiled in the report, but can be included on request.)

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