Onshore Wind Turbine Market
Onshore wind turbines have been in use for decades. Global interest in renewables is rising, so the market is growing. However, vendors are struggling to build cost effective turbines. As a result, this energy source has been priced higher than alternatives. Equipment suppliers are pushing for government subsidies; designing larger, more efficient solutions; and developing new services, such as predictive analytics. Vendors are trying to create a transition point, one where the performance of these systems will rise and the cost will drop, making it more attractive. This report provides information on the market trends, challenges and major growth drivers of the global market for onshore wind turbines along with the key vendors.
- An overview of the global market for onshore wind turbines
- Analyses of global market trends, with market data from 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Insight into how technology and market development will create additional revenue and new product categories or bring new life to existing products
Paul Korzeniowski is a market research analyst and building automation consultant with more than two decades of experience. His work has centered on determining major market trends in the development of new networking standards, integration of building systems and the emergence of new technologies such as wireless communications. He has authored reports on markets for building automation systems for a wide variety of publications, including Investor's Business Daily, Business 2.0 and EnergyBiz.