LONDON, April 27, 2015 /PRNewswire/ -- After a dismal 2013, when worldwide wind power installations fell by 20%, the wind energy industry rebounded strongly in 2014. Installations grew by 42% year-over-year in 2014 to 51.2 GW of wind power and cumulative installed capacity climbed to 372 GW. Market growth was largely supported by a policy-driven acceleration of installations in three key countries: China, Germany, and the United States.
World Wind Energy Market Update 2015, published by BTM Consult, a part of Navigant Research, is the 20th edition of this annual wind energy market report. It is based on the most authoritative database of precise wind turbine installation data, resulting in the most comprehensive and accurate view of 2014 installations of wind turbines in every country. As in past editions, the World Wind Energy Market Update 2015 also includes profiles of the top 15 wind turbine vendors globally, ranked by installed megawatts, and an analysis of market gains and losses for 2014. The revival of the U.S. and German markets meant there was a significant shake-up in the rankings of the world's top 10 wind turbine suppliers in 2014. The report also includes a breakdown of how many megawatts were installed by the top wind turbine vendors by country market.
This Navigant Research report includes more than 90 tables, charts, and graphs illustrating the projected development of the global wind market. The study also provides global wind market forecasts for 2015–2019 and the outlook for the wind market through 2024. Policy, incentives, and other drivers are detailed for all relevant country markets, including analyses of key drivers and barriers for each market that informs the report forecasts.
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