Dallas, TX -- (SBWIRE) -- 02/17/2014 -- RnRMarketResearch.com adds “Wind Turbine Towers, Update 2014 – Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020” new market research report to its store.
Global Wind Turbine Towers Market to Keep Growing, Despite Poor Grid Infrastructure
With wind power technology gaining increased popularity and institutional support from across the world, the wind turbine towers market is expected to increase from $12.1 billion in 2013 to $19.3 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 6.9%. China had the largest amount of wind turbine towers installed in 2013, reaching a massive market share of 47.4%.
This was followed by the US, India and Canada with respective shares of 7.5%, 6.5% and 5.8%. China overtook the US to become the largest wind power market in terms of annual capacity additions in 2009 and cumulative capacity in 2010 and has since been the leading country in terms of both the manufacture and the deployment of wind turbines and wind towers.
Complete report is available @ http://www.rnrmarketresearch.com/wind-turbine-towers-update-2014-global-market-size-average-price-competitive-landscape-and-key-country-analysis-to-2020-market-report.html .
In 2013, it accounted for almost half of the total number of wind towers installed globally. The US and India were second and third in terms of the number of towers installed, but with much smaller shares of less than 10% each. Canada, the UK and Germany also accounted for significant shares of the total number of towers installed globally. Spain's share fell sharply in comparison with the previous year as the number of annual capacity additions in the country declined.
The report details the historic and forecast statistics for annual wind turbine tower installations and average tower prices from 2006 to 2020, globally and for each of the key countries.
The report provides technology and cost analyses for wind turbine towers and explains the different materials used in constructing a tower.
The report also covers the key growth drivers and challenges related to wind turbine tower market globally.
The report lists the key countries for the wind turbine tower market and their shares of wind turbine tower installations.
The report explains the competitive landscape of wind turbine tower market and discusses the segmentation of the tower market based on the type of installation (Onshore vs Offshore.
Request a sample copy of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=147945 .
Reasons to buy
Facilitate decision making based on strong historic and forecast data for the wind turbine tower market
Position yourself to maximize potential in the growth of the wind turbine tower market
Identify key partners and business development avenues
Respond to your competitors’ business structure, strategy and prospects
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