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Make Consulting issues Q4/2016 Global Wind Power Market Outlook Update

By Paul Dvorak | November 16, 2016

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.make-consulting

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.

Filed Under: News
Tagged With: make consulting
 

About The Author

Paul Dvorak

Comments

  1. Robert Echavaria says

    November 16, 2016 at 3:08 pm

    This downgrade of global growth seems disproportionate to the political situation. It is far more likely that global demand will not be exclusively driven by China in that time-frame, as India plus other LatAm and African markets will be able to fill in the gaps left by uncertainty in the US and Chinese markets. I strongly question the validity of this assessment as well as the assumptions used to derive it.

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