Onshore Wind Power Systems Market by Technology, End-user and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 174 SKU: IRTNTR70919

Onshore Wind Power Systems Market Forecast 2023-2027

The onshore wind power systems market size is estimated to increase by USD 42.26 billion and grow at a CAGR of 6.21% between 2022 and 2027. Market growth hinges on various factors, including the increasing height and capacity of wind towers, declining Levelized Cost of Energy (LCOE) in wind power, and the role of wind energy in mitigating climate change. Challenges include land availability constraints and identifying suitable sites for wind farm installation, competition from alternative energy sources, and the intermittent nature of wind power generation.

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Segmentation

Market Overview :

  • The market segmentation by Technology (wind turbine, T and D, and others)
  • The End-user segment is categorized as (electric power, renewable energy, oil and gas, aviation, and others)
  • The wind turbine segment is the fastest-growing segment during the forecast year
  • The  Wind turbine segment  was the largest segment and was valued at USD 74.94 billion in 2017
  • The Regional Analysis consists of APAC, North America, Europe, South America, and Middle East and Africa
  • APAC is is most dominating region during the forecast period
  • It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behavior), and challenges (barriers or obstacles faced by the industry) 

Key Market Trends

A key factor shaping the market growth is digitalization and remote monitoring. The implementation of digital technologies is a primary trend in the global market. The main advantages of the implementation of these digital technologies are that the operators can monitor key parameters in real-time and thereby, improve the operational efficiency and safety of wind power systems by integrating IoT sensors and data analytics into wind turbines. 

Additionally, several algorithms assist the users in analyzing data to determine potential problems before they become serious, thus reducing downtime as well as repair and maintenance expenses. Furthermore, the algorithms can also analyze certain patterns and customize the operational settings accordingly to maximize energy output and thereby enhance turbine performance. Hence, such applications are expected to drive the market growth during the forecast period.

By Technology Analysis

The wind turbine segment is estimated to witness significant growth during the forecast period. The wind turbine segment comprises the mast, nacelle, rotor blades, gearbox, generator, and anemometer. The mast mainly supports the rotor, which consists of three blades, and the nacelle, which constitutes the mechanical and electrical gear as well as the generator.  The generation of electricity by wind turbines occurs through a series of processes that initiate when the rotor blades spin due to the difference in air pressure across the two sides of the blades, leading to the production of kinetic energy

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The capacity range of modern onshore wind turbines can range from several kilowatts to several MWs. Vestas is one of the prominent companies in the global market which offers onshore wind turbines with a capacity of 4 MW. The increasing availability of wind turbines with high capacity has resulted in an increase in the size of the rotors and masts which has led to the high output capacity of the turbines. Furthermore, the advancement of high-performance wind turbines has facilitated wind farm owners to develop wind farms in areas with space constraints. Hence, such factors are expected to fuel the growth of this segment which, in turn, will drive the growth of the market during the forecast period.v

Market Regional Analysis

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APAC is estimated to contribute 53% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Some of the key factors which are significantly contributing to the global market in  APAC are population growth and the increase in the standard of living, which are driving the demand for energy in the region. Additionally, there is an increasing focus on clean energy sources as several countries are emphasizing increasing the percentage of renewable electricity in their overall energy mix. There is an increasing shift towards renewables such as wind and solar energy for power generation in countries such as China and India due to the growing pollution from GHG emissions. Furthermore, there are several government initiatives in these countries supporting the large-scale installation of renewables to resolve the issue of environmental degradation and pollution as a result of burning fossil fuels. Hence, such factors are expected to drive market growth in the region during the forecast period.

Market Dynamics and Customer Landscape

The market is witnessing significant growth driven by the increasing demand for renewable energy sources amidst concerns over energy supply and environmental sustainability. With rising awareness about the adverse effects of fossil fuels like coal, oil, and natural gas on the environment, there's a notable shift towards cleaner alternatives such as wind energy. These farms and projects are gaining traction as key contributors to electricity generation, utilizing rotors and generators to harness efficiently. Despite competition from other renewable sources like solar energy, onshore wind power projects remain pivotal in achieving renewable energy targets and creating a sustainable ecosystem. Leveraging advanced project operation capabilities, it continues to be a disrupter in the energy landscape, offering reliable and cost-effective power generation solutions.

Key Market Driver

The market is witnessing significant growth, driven by the imperative need to mitigate climate change. With increasing concerns over greenhouse gas emissions, there's a burgeoning demand for renewable energy sources, particularly onshore wind power. Countries worldwide are actively seeking alternatives to fossil fuels to meet carbon reduction targets, making onshore wind energy a pivotal component of their energy transition strategies. Notably, onshore wind power offers the advantage of electricity generation without releasing greenhouse gases, thereby aiding in climate change mitigation efforts. This burgeoning adoption of onshore wind energy underscores its pivotal role in fostering a sustainable ecosystem and meeting renewable energy targets amidst the evolving energy landscape.

Significant Market Challenge

Issues related to land availability and proper sites to set up wind farms are some of the key challenges hindering the market growth. One of the main challenges in the global market is finding the right kind of land for wind farm development. It has become a tedious task to find and acquire vast amounts of land with reliable wind resources, especially in heavily populated areas or places.

Additionally, there is an increasing land-use conflict related to onshore wind energy projects as the communities and stakeholders may have conflicting interests and concerns regarding the environmental and social implications of wind farms. Several local communities are against unnecessary development that may hamper the beauty of the natural landscape or result in noise pollution generated by wind turbines. Hence, such factors can hinder the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Major Onshore Wind Power Systems Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB SKF: The company offers onshore wind power systems such as SKF WindCon for onshore wind turbines.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AB SKF
  • AEROVIDE GmbH
  • Belden Inc.
  • Bora Energy
  • CS WIND Corp.
  • Doosan Corp.
  • Emergya Wind Technologies BV
  • ENERCON GmbH
  • Envision Group
  • Fujikura Co. Ltd.
  • General Electric Co.
  • K2 Management
  • Nexans SA
  • Nordex SE
  • ReGen Powertech Pvt. Ltd.
  • Siemens AG
  • Suzlon Energy Ltd.
  • TERNA S.p.A.
  • Vestas Wind Systems AS
  • Xinjiang Goldwind Science and Technology Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Technology Outlook 
    • Wind turbine
    • T and D
    • Others
  • End-user Outlook 
    • Electric power
    • Renewable energy
    • Oil and gas
    • Aviation
    • Others
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      •  U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing robust growth driven by factors such as accelerated depreciation benefits, increased adoption of wind energy, and the quest for affordable electricity systems. Despite challenges like land availability issues and competition from alternative energy sources, the market continues to expand. With advancements in technology and favorable financial incentives, companies like Envision Energy are driving inorganic growth strategies and expanding their manufacturing base. Offshore wind farms are tapping into high wind speed areas, while onshore projects leverage medium to low wind speeds. As the world shifts towards renewable energy targets, onshore wind power systems play a pivotal role in meeting energy demands sustainably, ensuring grid connectivity and system stability.

Also, the market is witnessing significant growth driven by factors like the increasing demand for renewable energy sources and advancements in wind turbine technology. With a focus on reducing carbon emissions, many countries are investing in onshore wind projects to meet their energy needs sustainably. This market encompasses various aspects, including land-based turbine output, wind farm construction, and project operation capabilities. Additionally, factors such as leveled cost of electricity, peak power management, and technical advancements in wind electric generator technology are shaping the market landscape. Despite challenges like competition from alternative energy sources and land availability issues, the market continues to expand, contributing to a more sustainable energy ecosystem.

Onshore Wind Power Systems Market Scope

Report Coverage

Details

Page number

174

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.21%

Market growth 2023-2027

USD 42.26 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

4.68

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, Germany, France, and Brazil

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB SKF, AEROVIDE GmbH, Belden Inc., Bora Energy, CS WIND Corp., Doosan Corp., Emergya Wind Technologies BV, ENERCON GmbH, Envision Group, Fujikura Co. Ltd., General Electric Co., K2 Management, Nexans SA, Nordex SE, ReGen Powertech Pvt. Ltd., Siemens AG, Suzlon Energy Ltd., TERNA S.p.A., Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis 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 Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global onshore wind power systems market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global onshore wind power systems market 2017 - 2021 ($ billion)
    • 4.2 Technology Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
    • 6.2 Comparison by Technology
      • Exhibit 32: Chart on Comparison by Technology
      • Exhibit 33: Data Table on Comparison by Technology
    • 6.3 Wind turbine - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Wind turbine - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Wind turbine - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Wind turbine - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Wind turbine - Year-over-year growth 2022-2027 (%)
    • 6.4 T and D - Market size and forecast 2022-2027
      • Exhibit 38: Chart on T and D - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on T and D - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on T and D - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on T and D - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Technology
      • Exhibit 46: Market opportunity by Technology ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Technology ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Electric power - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Electric power - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Electric power - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Electric power - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Electric power - Year-over-year growth 2022-2027 (%)
    • 7.4 Renewable energy - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Renewable energy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Renewable energy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Renewable energy - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Renewable energy - Year-over-year growth 2022-2027 (%)
    • 7.5 Oil and gas - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Oil and gas - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
    • 7.6 Aviation - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Aviation - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Aviation - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 72: Market opportunity by End-user ($ billion)
      • Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Brazil - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Brazil - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on Brazil - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on Brazil - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 AB SKF
              • Exhibit 127: AB SKF - Overview
              • Exhibit 128: AB SKF - Business segments
              • Exhibit 129: AB SKF - Key news
              • Exhibit 130: AB SKF - Key offerings
              • Exhibit 131: AB SKF - Segment focus
            • 12.4 AEROVIDE GmbH
              • Exhibit 132: AEROVIDE GmbH - Overview
              • Exhibit 133: AEROVIDE GmbH - Product / Service
              • Exhibit 134: AEROVIDE GmbH - Key offerings
            • 12.5 Belden Inc.
              • Exhibit 135: Belden Inc. - Overview
              • Exhibit 136: Belden Inc. - Business segments
              • Exhibit 137: Belden Inc. - Key news
              • Exhibit 138: Belden Inc. - Key offerings
              • Exhibit 139: Belden Inc. - Segment focus
            • 12.6 Bora Energy
              • Exhibit 140: Bora Energy - Overview
              • Exhibit 141: Bora Energy - Product / Service
              • Exhibit 142: Bora Energy - Key offerings
            • 12.7 CS WIND Corp.
              • Exhibit 143: CS WIND Corp. - Overview
              • Exhibit 144: CS WIND Corp. - Product / Service
              • Exhibit 145: CS WIND Corp. - Key offerings
            • 12.8 Emergya Wind Technologies BV
              • Exhibit 146: Emergya Wind Technologies BV - Overview
              • Exhibit 147: Emergya Wind Technologies BV - Product / Service
              • Exhibit 148: Emergya Wind Technologies BV - Key offerings
            • 12.9 ENERCON GmbH
              • Exhibit 149: ENERCON GmbH - Overview
              • Exhibit 150: ENERCON GmbH - Product / Service
              • Exhibit 151: ENERCON GmbH - Key offerings
            • 12.10 General Electric Co.
              • Exhibit 152: General Electric Co. - Overview
              • Exhibit 153: General Electric Co. - Business segments
              • Exhibit 154: General Electric Co. - Key news
              • Exhibit 155: General Electric Co. - Key offerings
              • Exhibit 156: General Electric Co. - Segment focus
            • 12.11 Nexans SA
              • Exhibit 157: Nexans SA - Overview
              • Exhibit 158: Nexans SA - Business segments
              • Exhibit 159: Nexans SA - Key offerings
              • Exhibit 160: Nexans SA - Segment focus
            • 12.12 Nordex SE
              • Exhibit 161: Nordex SE - Overview
              • Exhibit 162: Nordex SE - Business segments
              • Exhibit 163: Nordex SE - Key offerings
              • Exhibit 164: Nordex SE - Segment focus
            • 12.13 ReGen Powertech Pvt. Ltd.
              • Exhibit 165: ReGen Powertech Pvt. Ltd. - Overview
              • Exhibit 166: ReGen Powertech Pvt. Ltd. - Product / Service
              • Exhibit 167: ReGen Powertech Pvt. Ltd. - Key offerings
            • 12.14 Siemens AG
              • Exhibit 168: Siemens AG - Overview
              • Exhibit 169: Siemens AG - Business segments
              • Exhibit 170: Siemens AG - Key news
              • Exhibit 171: Siemens AG - Key offerings
              • Exhibit 172: Siemens AG - Segment focus
            • 12.15 TERNA S.p.A.
              • Exhibit 173: TERNA S.p.A. - Overview
              • Exhibit 174: TERNA S.p.A. - Business segments
              • Exhibit 175: TERNA S.p.A. - Key offerings
              • Exhibit 176: TERNA S.p.A. - Segment focus
            • 12.16 Vestas Wind Systems AS
              • Exhibit 177: Vestas Wind Systems AS - Overview
              • Exhibit 178: Vestas Wind Systems AS - Business segments
              • Exhibit 179: Vestas Wind Systems AS - Key news
              • Exhibit 180: Vestas Wind Systems AS - Key offerings
              • Exhibit 181: Vestas Wind Systems AS - Segment focus
            • 12.17 Xinjiang Goldwind Science and Technology Co. Ltd.
              • Exhibit 182: Xinjiang Goldwind Science and Technology Co. Ltd. - Overview
              • Exhibit 183: Xinjiang Goldwind Science and Technology Co. Ltd. - Business segments
              • Exhibit 184: Xinjiang Goldwind Science and Technology Co. Ltd. - Key offerings
              • Exhibit 185: Xinjiang Goldwind Science and Technology Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 186: Inclusions checklist
                • Exhibit 187: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 188: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 189: Research methodology
                • Exhibit 190: Validation techniques employed for market sizing
                • Exhibit 191: Information sources
              • 13.5 List of abbreviations
                • Exhibit 192: List of abbreviations
              • This segment comprises of water treatment, leasing and equity investment.

                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.

                INFORMATION 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

                DATA 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

                REPORT 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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                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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