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Wind Turbine Generator Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 134
  • SKU: IRTNTR44826
Technavio

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The wind turbine generator market growth is expected to accelerate at a CAGR of 4.86% and reach the projected value of USD 9.46 billion by 2026.

 The wind turbine generator market report extensively covers market segmentations by the following:

  • Application - Onshore and offshore
  • Geography - APAC, Europe, North America, South America, and Middle East and Africa

The wind turbine generator market report also offers information on several market vendors, including ABB Ltd., Alxion, AVANTIS Energy Group, Bergey Wind Power Co., Bora Energy, Doosan Corp., Emergya Wind Technologies BV, ENERCON GmbH, Equinor ASA, General Electric Co., Hitachi Ltd., Nordex SE, Principle Power Inc., ReGen Powertech Pvt Ltd., SANY Group, Siemens Gamesa Renewable Energy SA, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd. among others. One of the key highlights of this report is the valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches

What will the Wind Turbine Generator Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Wind Turbine Generator Market Size for the Forecast Period and Other Important Statistics

 

Wind Turbine Generator Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in wind energy consumption is notably driving the wind turbine generator market growth, although factors such as competition from fossil fuels 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 wind turbine generator industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Wind Turbine Generator Market Driver

  • One of the key factors driving the global wind turbine generator industry growth is the rise in wind energy consumption.
  • Wind power is one of the most abundant sources of alternative energy.
  • The developed, as well as developing countries, are focusing on renewable sources to produce power because of the depletion of conventional sources of energy and growing GHG emissions.
  • According to GWEC, China was the leading country in terms of cumulative installed wind power capacity. China added a wind capacity of 26,798 MW in 2021.
  • The growing awareness about the benefits of wind energy is fueling the demand for wind turbine generators.
  • Countries such as Denmark, Spain, Germany, and the UK produce over 10% of their power by using wind energy.
  • Such factors will boost the demand for wind turbine generators during the forecast period.

Key Wind Turbine Generator Market Trend

  • R&D in direct-drive generators for wind turbines is one of the key wind turbine generator market trends that is expected to impact the industry positively in the forecast period.
  • Wind turbine direct-train technology offers various advantages when compared with conventional turbines. Some of them are:
    • These generators will eliminate the need for a gearbox, and thus, the turbine will involve fewer moving parts than geared drive trains,
    • In the absence of the gearbox, direct-drive wind turbines run with the help of the generator and rotor, which rotate as an integrated unit.
    • Without gearboxes, direct-drive turbines are also lighter in weight.
  • The key market players such as Siemens and GE are already experimenting with direct-drive turbines, especially in offshore wind farms.
  • The high investment in R&D will further support the market growth in the coming years.

Key Wind Turbine Generator Market Challenge

  • One of the key challenges to the global wind turbine generator industry growth is the competition from fossil fuels.
  • Fossil fuels, which have dominated global power generation since their discovery, accounted for around 61% in 2021.
  • Countries with abundant coal reserves, do not prefer to replace coal-based electricity with alternate but costlier renewable energy sources such as wind power.
  • The lack of resources has hampered the market growth in developing countries. For instance,
    • Indonesia has a high-potential wind power generation market. However, wind power generation companies are facing challenges in installing wind turbines and generating profits due to the absence of government tariffs and proper support.
  • The problem of grid instability can also pose a significant challenge to the market growth in the forecast years.

This wind turbine generator 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 2022-2026.

Parent Market Analysis

Technavio categorizes the wind turbine generator market as a part of the global heavy electrical equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the wind turbine generator market during the forecast period.

Who are the Major Wind Turbine Generator Market Vendors?

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

 

  • ABB Ltd.
  • Alxion
  • AVANTIS Energy Group
  • Bergey Wind Power Co.
  • Bora Energy
  • Doosan Corp.
  • Emergya Wind Technologies BV
  • ENERCON GmbH
  • Equinor ASA
  • General Electric Co.
  • Hitachi Ltd.
  • Nordex SE
  • Principle Power Inc.
  • ReGen Powertech Pvt Ltd.
  • SANY Group
  • Siemens Gamesa Renewable Energy SA
  • Sinovel Wind Group Co. Ltd.
  • Suzlon Energy Ltd.
  • Vestas Wind Systems AS
  • Xinjiang Goldwind Science and Technology Co. Ltd.

 

This statistical study of the wind turbine generator market encompasses successful business strategies deployed by the key vendors. The wind turbine generator market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

Product Insights and News

  • ABB Ltd. - The company offers wind turbine generators such as Doubly fed, permanent magnet, and high-speed induction generators.
  • ABB Ltd. - Under the electrification segment, the company offers solutions across the full electrical value chain from the substation to the point of consumption.

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.

The wind turbine generator market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Wind Turbine Generator Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the wind turbine generator market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Wind Turbine Generator Market?

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56% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for wind turbine generators in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in investment in renewable energy, including wind power, in countries such as China, will facilitate the wind turbine generator market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The market in the region has witnessed certain challenges due to the COVID-19 pandemic. Following the lockdown in countries such as Italy, Germany, and Ecuador, the import of raw materials, such as Balsa Wood and PVC, and key components, such as main bearings, gearbox bearings, and generators, has been restricted for a prolonged period, resulted into a delay in productions of wind turbine generator in 2020. However, relaxations in lockdown restrictions in many countries in the region owing to mass vaccinations in 2021 resulted in resumptions of operation across the manufacturing plants of wind turbine generators across the region, which in turn fueled the demand for wind turbine generators across APAC in 2021. Therefore, these factors are expected to fuel the growth of the market focus during the forecasted period.

What are the Revenue-generating Application Segments in the Wind Turbine Generator Market?

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The wind turbine generator market share growth by the onshore segment will be significant during the forecast period. The high wind turbine generator market share of the onshore segment is attributed to the lower capital requirement compared with the offshore segment. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the wind turbine generator market size and actionable market insights on post COVID-19 impact on each segment.

 

Wind Turbine Generator Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.86%

Market growth 2022-2026

$ 9.46 billion

Market structure

Fragmented

YoY growth (%)

3.52

Regional analysis

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

Performing market contribution

APAC at 56%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ABB Ltd., Alxion, AVANTIS Energy Group, Bergey Wind Power Co., Bora Energy, Doosan Corp., Emergya Wind Technologies BV, ENERCON GmbH, Equinor ASA, General Electric Co., Hitachi Ltd., Nordex SE, Principle Power Inc., ReGen Powertech Pvt Ltd., SANY Group, Siemens Gamesa Renewable Energy SA, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Vestas Wind Systems 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 recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Wind Turbine Generator Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive wind turbine generator market growth during the next five years
  • Precise estimation of the wind turbine generator market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the wind turbine generator industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wind turbine generator market vendors

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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 Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Onshore - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Onshore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Onshore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Onshore - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Onshore - Year-over-year growth 2021-2026 (%)
    • 5.4 Offshore - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Offshore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Offshore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Offshore - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Offshore - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 ABB Ltd.
              • Exhibit 89: ABB Ltd. - Overview
              • Exhibit 90: ABB Ltd. - Business segments
              • Exhibit 91: ABB Ltd. - Key news
              • Exhibit 92: ABB Ltd. - Key offerings
              • Exhibit 93: ABB Ltd. - Segment focus
            • 10.4 Alxion
              • Exhibit 94: Alxion - Overview
              • Exhibit 95: Alxion - Product / Service
              • Exhibit 96: Alxion - Key offerings
            • 10.5 AVANTIS Energy Group
              • Exhibit 97: AVANTIS Energy Group - Overview
              • Exhibit 98: AVANTIS Energy Group - Product / Service
              • Exhibit 99: AVANTIS Energy Group - Key offerings
            • 10.6 Bora Energy
              • Exhibit 100: Bora Energy - Overview
              • Exhibit 101: Bora Energy - Product / Service
              • Exhibit 102: Bora Energy - Key offerings
            • 10.7 ENERCON GmbH
              • Exhibit 103: ENERCON GmbH - Overview
              • Exhibit 104: ENERCON GmbH - Product / Service
              • Exhibit 105: ENERCON GmbH - Key offerings
            • 10.8 General Electric Co.
              • Exhibit 106: General Electric Co. - Overview
              • Exhibit 107: General Electric Co. - Business segments
              • Exhibit 108: General Electric Co. - Key news
              • Exhibit 109: General Electric Co. - Key offerings
              • Exhibit 110: General Electric Co. - Segment focus
            • 10.9 Hitachi Ltd.
              • Exhibit 111: Hitachi Ltd. - Overview
              • Exhibit 112: Hitachi Ltd. - Business segments
              • Exhibit 113: Hitachi Ltd. - Key news
              • Exhibit 114: Hitachi Ltd. - Key offerings
              • Exhibit 115: Hitachi Ltd. - Segment focus
            • 10.10 SANY Group
              • Exhibit 116: SANY Group - Overview
              • Exhibit 117: SANY Group - Product / Service
              • Exhibit 118: SANY Group - Key offerings
            • 10.11 Siemens Gamesa Renewable Energy SA
              • Exhibit 119: Siemens Gamesa Renewable Energy SA - Overview
              • Exhibit 120: Siemens Gamesa Renewable Energy SA - Business segments
              • Exhibit 121: Siemens Gamesa Renewable Energy SA - Key offerings
              • Exhibit 122: Siemens Gamesa Renewable Energy SA - Segment focus
            • 10.12 Suzlon Energy Ltd.
              • Exhibit 123: Suzlon Energy Ltd. - Overview
              • Exhibit 124: Suzlon Energy Ltd. - Business segments
              • Exhibit 125: Suzlon Energy Ltd. - Key offerings
              • Exhibit 126: Suzlon Energy Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 11.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              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
              Technavio

              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
              Technavio

              TechnavioREPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              The wind turbine generator market growth will increase by $9468.21 million during 2022-2026.
              The wind turbine generator market is expected to grow at a CAGR of 4.86% during 2022-2026.
              Technavio has segmented the wind turbine generator market by application (Onshore and Offshore) and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
              ABB Ltd., Alxion, AVANTIS Energy Group, Bergey Wind Power Co., Bora Energy, Doosan Corp., Emergya Wind Technologies BV, ENERCON GmbH, Equinor ASA, General Electric Co., Hitachi Ltd., Nordex SE, Principle Power Inc., ReGen Powertech Pvt Ltd., SANY Group, Siemens Gamesa Renewable Energy SA, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Vestas Wind Systems AS, Xinjiang Goldwind Science and Technology Co. Ltd. are a few of the key vendors in the wind turbine generator market.
              APAC will register the highest growth rate of 55.59% among the other regions. Therefore, the wind turbine generator market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the wind turbine generator market growth are:
              • Rise in wind energy consumption
              • R and D in direct-drive generators for wind turbines
              The wind turbine generator market vendors should focus on grabbing business opportunities from the onshore segment as it accounted for the largest market share in the base year.
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