The global wind tower market is expected to grow at a CAGR of 7.4% during the forecast period.
Different types of wind towers are used for the efficient generation of wind energy. Tubular steel towers, concrete towers, lattice towers and hybrid towers are used for large wind turbines. Whereas, guyed pole towers are used for small wind turbines. Wind tower being one of the most important parts of a wind turbine would cost 25% to 30% of the total cost of wind turbine. Wind towers are specially designed for different applications. Wind towers are manufactured for onshore wind turbine, as well as offshore wind turbine.
Distinct governments across the globe are are looking for alternative source of energy to reduce their dependency on conventional energy sources. Wind energy is one of the most efficient alternatives for conventional fossil fuel based energy. Therefore, a high growth in the wind energy industry is expected during the forecast period, thus driving the growth of the global wind tower market.
One of the key trends witnessed in the global wind tower market is the increasing job opportunities for skilled labor worldwide. The manufacturing of wind towers require skilled labor, thus providing work opportunity for workers with specialization in electrical engineering, civil engineering, mechanical engineering, and various other field of manufacturing. The high rate of depletion of fossil fuels and increasing demand for sustainable and ecofriendly energy source are indirectly creating ample opportunities for the growth of the global wind tower market.
- CS Wind Corporation
- Enercon Gmbh
- General Electric (Ge)
- Kgw Schweriner Maschinen-Und Anlagenbau Gmbh
- Shanghai Taisheng Wind Power Equipment Co. Ltd.
- Siemens Ag
- Suzlon Energy Limited
- Trinity Structural Towers, Inc.
- Vestas Wind Systems A/S
- Windar Renovables
1. Research Scope & Methodology
2. Executive Summary
3. Market Outlook
4. Global Wind Tower Market Size and Forecast (2012 - 2022)
5. Global Wind Tower Market, by Geography
6. Competitive Positioning Analysis
7. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/fskwvv/global_wind_tower
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SOURCE Research and Markets