Onshore Wind Power Systems Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR70919
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The onshore wind power systems market has the potential to grow by $ 36.76 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.39%.

This onshore wind power systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by Technology (Wind turbine, T and D, and Others) and Geography (APAC, North America, Europe, South America, and MEA). The onshore wind power systems market report also offers information on several market vendors, including AVANTIS Europe GmbH, Belden Inc., Bora Energy, Emergya Wind Technologies BV, General Electric Co., Nexans SA, Nordex SE, Siemens Gamesa Renewable Energy SA, Vestas Wind System AS, and Xinjiang Goldwind Science and Technology Co. Ltd. among others.

What will the Onshore Wind Power Systems Market Size be in 2021?

Onshore-Wind-Power-Systems-Market-Market-Size-2020-2025

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Onshore Wind Power Systems Market: Key Drivers and Trends

Based on our research output, there has been a NEGATIVE impact on the market growth during and post COVID-19 era. The rising height and capacity of wind towers is notably driving the onshore wind power systems market growth, although factors such as rapid growth in offshore wind farm installations may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the onshore wind power systems market industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This onshore wind power systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Onshore Wind Power Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • AVANTIS Europe GmbH
  • Belden Inc.
  • Bora Energy
  • Emergya Wind Technologies BV
  • General Electric Co.
  • Nexans SA
  • Nordex SE
  • Siemens Gamesa Renewable Energy SA
  • Vestas Wind System AS
  • Xinjiang Goldwind Science and Technology Co. Ltd.

The vendor landscape of the onshore wind power systems market entails successful business strategies deployed by the vendors. The onshore wind power systems market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the onshore wind power systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Onshore Wind Power Systems Market?

Onshore-Wind-Power-Systems-Market-Market-Share-by-Region-2020-2025

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67% of the market’s growth will originate from APAC during the forecast period. China, US, Brazil, Germany, and France are the key markets for onshore wind power systems market in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Decreasing LCOE in wind energy will facilitate the onshore wind power systems market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Technology Segments in the Onshore Wind Power Systems Market?

Onshore-Wind-Power-Systems-Market-Market-Share-by-Technology-2020-2025

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The onshore wind power systems market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the onshore wind power systems market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Onshore Wind Power Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.39%

Market growth 2021-2025

$ 36.76 billion

Market structure

Fragmented

YoY growth (%)

-2.79

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 67%

Key consumer countries

China, US, Brazil, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AVANTIS Europe GmbH, Belden Inc., Bora Energy, Emergya Wind Technologies BV, General Electric Co., Nexans SA, Nordex SE, Siemens Gamesa Renewable Energy SA, Vestas Wind System AS, and Xinjiang Goldwind Science and Technology Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Onshore Wind Power Systems Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive onshore wind power systems market growth during the next five years
  • Precise estimation of the onshore wind power systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the onshore wind power systems market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of onshore wind power systems market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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