Wind Turbine Towers Market 2016 Update on Global Development, Size, Average Price, Competitive Landscape and Key Country Analysis to 2020
PUNE, India, October 18, 2016 /PRNewswire/ --
ReportsnReports.com adds "Wind Turbine Towers, Update 2016 - Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020" research report to its store stating that a decline in this industry can primarily 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 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, and Middle 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
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Another newly published market research report titled on Wind Power in Australia, Market Outlook to 2025, Update 2015 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles provides in depth analysis on global renewable power market and global wind power market with forecasts up to 2025. The report analyzes the power market scenario in Australia (includes conventional thermal, nuclear, large hydro and renewable energy sources) and provides future outlook with forecasts up to 2025. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2025. The report highlights installed capacity and power generation trends from 2001 to 2025 in Australia wind power market. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to wind power is provided in the report. The research also provides company snapshots of some of the major market participants. Wind Power in Australia, Market Outlook to 2025 research report is available at http://www.reportsnreports.com/reports/442012-wind-power-in-australia-market-outlook-to-2025-update-2015-capacity-generation-levelized-cost-of-energy-lcoe-investment-trends-regulations-and-company-profiles.html.
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