The Q3/2015 Global Wind Power Market Outlook Update is said to offer a detailed market forecast for more than 50 key and emerging markets for wind power from 2015 to 2024. 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 in the report:
An upgrade in the U.S. and near-term growth in Northern Europe is partly offset by project pipeline driven forecast adjustments in emerging sub-regions, resulting in an increase of 0.3% to the global outlook from 2015 to 2024
Globally policy cycles combine to drive a short-term demand bubble exceeding the 10 year YoY growth forecast of 3.9%
H1 global order intake increased by more than 25% YoY and 5% QoQ in Q2 supporting the current outlook
Turbine pricing remains stable. A seller’s market for wind turbines in China continues to impact pricing positively, but is expected to level off by 2016
Filed Under: News