The report includes Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020. The report states that a decline in the wind industry can be attributed to the decrease in wind capacity addition and falling tower costs. China, for example, added 33 Gigawatts (GW) of wind capacity in 2015, which represents 86.5% of APAC and 49.6% of global wind addition in the year. However, annual capacity
addition in the country is expected to witness a decline during the 2016-2020 period, as its target to install 250 GW of wind capacity by 2020 can be achieved with only 22 GW a year. The decline in the tower market in the APAC region is in line with global trends, as the overall wind tower market is expected to drop from$17.2 billion in 2015 to $14.5 billion by 2020, mainly due to declining prices and increased tower heights in larger turbines. Indeed, tower prices are expected to fall by 7% by 2020.
Complete report ($3,995 for a single user license) Wind Power Market with 106 market data tables and 82 figures, spread across 215 pages is available at http://www.reportsnreports.com/reports/714348-wind-turbine-towers-update-2016-global-market-size-average-price-competitive-landscape-and-key-country-analysis-to-2020.html .
The report offers in-depth analysis wind turbine tower market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada,Mexico, Brazil, Germany, the UK, France, India, China and South Africa) level. The report analyzes the wind turbine installations, tower market value and average tower price for the historical (2010-2015) and forecast (2016-2020) period. The report also includes global and country specific competitive landscape, drivers and restraints of the wind turbine tower market.
The scope of wind turbine tower market report includes –
- Regional analysis of wind turbine tower market in Asia-Pacific, Americas, Europe, andMiddle East and Africa.
- Market size analysis of wind turbine tower with focus on wind turbine installations and number of towers installed annually and average price in the key countries such as the US, Canada, Mexico, Brazil, Germany, the UK, France, India, China and South Africa
- Competitive landscape with WTG manufacturers market share at global and in the key countries for 2015
- Drivers and challenges related to wind turbine tower market globally
Filed Under: Towers