The Q4/2016 Global Wind Power Market Outlook Update offers a detailed market forecast for more than 50 key and emerging markets for wind power from 2016 to 2025. The forecast data includes a split of expected onshore and offshore development, and analysis of the latest wind turbine order intake and pricing trends.
Key points this quarter:
- The global 10-year outlook sees a 4% downgrade primarily due to a reduced demand outlook in China.
- A 5% downgrade in the US and a 12% downgrade in Sweden between 2022 and 2025 also negatively impact the global longer term outlook.
- Despite adverse policy developments, the underlying fundamentals of wind power are as strong as ever.
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