Global Wind Turbine Nacelle Market 2017-2021

Overview of the global wind turbine nacelle market

Research analysis on the global wind turbine nacelle market identifies that the rise in the rotor diameter will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 7% by 2021. The improvements in technology and advancements in blade design are the key factors driving the rise in wind turbine output and capacity. Increasing the tower height enables higher wind speeds and enhaces power generation. Bigger rotor size or diameter results in an increase in power output by four times. Moreover, increasing the rotor diameter also raises the need for taller wind tower, that also needs building wind turbine nacelles of such specification that are lighter and strong which can work with higher wind speeds. This will fuel the development of improved nacelles and in turn, drive the growth of the market during the forecast period.

According our wind turbine nacelle market research report, the increase in the offshore wind installations is one of the latest trends that will gain traction in the market. Countries across the world are heavily investing in setting up offshore wind farms. According to the Global Wind Energy Council (GWEC), the global offshore installed wind capacity gradually increased from 883 MW in 2006 to 14,384 MW in 2016. In 2016, Europe accounted for the maximum number of offshore installations, out of which the UK contributed to 5,156 MW and Germany 4,108 MW. Countries such as the US, Japan, China, South Korea, and India are also likely to start new offshore projects in the market. This increase in offshore installations will subsequently drive the growth of the wind turbine nacelle market during the coming years.

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Technavio's industry research report titled, Global Wind Turbine Nacelle Market 2017-2021, will help you-

• Identify latent opportunities and explorative solutions in the wind turbine nacelle market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors  

The wind turbine nacelle market consists of well diversified international and regional vendors. These regional wind turbine nacelle vendors hold the maximum market shares in the developed and developing countries and this intensifies the competitive environment among the market players. The competitive scenario of the market varies in the onshore and offshore applications.

The leading vendors in the market are ?

• Siemens Gamesa
• General Electric
• Molded Fiber Glass Companies
• Suzlon Energy
• Vestas

The other prominent vendors in the market are AREVA WIND, AVANTIS Energy Group, Bora Energy, DeWind, ENERCON, EWT, GBT Composites Technology, Xinjiang Goldwind Science & Technology, Hexcel, indutch composites technology, Inoxwind, Kemrock Industries And Exports, Leitner, NORDEX, ReGen Powertech, SR Fibreglass Auto, and Wind World (India).

Segmentation by application and analysis of the wind turbine nacelle market

• Onshore
• Offshore

During 2016, the onshore application segment accounted for the major shares of the wind turbine nacelle market. Factors such as the less capital requirements and the rpese ce of favorable government policies, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the wind turbine nacelle market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the wind turbine nacelle market throughout the forecast period. Increased support from governments and the rise in wind power installations, will be the major factors driving the growth of the market in this region.

Key questions answered in this report 

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global wind turbine nacelle market?
• What are the key market trends impacting the growth of the global wind turbine nacelle market?
• What are the challenges to market growth?
• Who are the key vendors in the global wind turbine nacelle market?
• What are the market opportunities and threats faced by the vendors in the global wind turbine nacelle market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global wind turbine nacelle market?

Technavio also offers customization on reports based on specific client requirement.

This new report on the global wind turbine nacelle market is an important part of the energy portfolio under the fast-growing subdivision like power. This report aims at assessing the major trends and market drivers that encourage the growth of the power industry.

The increasing demand for power, favorable government support, and the need to reduce dependence on fossil fuels may influence the demand for wind turbine nacelle in the coming years as predicted by our market specialists. Additionally, geographies like the Americas, APAC, and EMEA are covered by this report on the global wind turbine nacelle market to offer clients the scope to identify potential market opportunities and expand in niche markets.

Vendors like Gamesa, General Electric, Molded Fiber Glass Companies, Suzlon, and Siemens are covered under this upcoming industry research report on the global wind turbine nacelle market. This industry research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, white papers, webinars, and industry journals and publications to help clients develop effective growth strategies and keep pace with the frequently changing market landscape.

The upcoming industry report on the global wind turbine nacelle market also offers insights into fast-growing segments within the energy industry, including sectors like energy storage and water and waste management. Furthermore, this report also presents visions into the changing competitive landscape to give clients a detailed overview of the future direction of the industry.

Our market research methodology for the wind turbine nacelle market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.