Wind Turbine Market in India 2015-2019

  • Published: Jul 2015
  • Pages: 78
  • SKU: IRTNTR6247

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About Wind Turbines
Wind turbine converts kinetic energy of the wind into mechanical energy or electricity. The wind turns two or three propeller-like blades around a rotor. The rotor is connected to the main shaft, which spins a generator to produce electricity. The amount of the power produced depends on the speed of the wind and the number and size of wind turbines. Wind turbines are usually grouped together into a single wind power plant known as wind farm. Bulk electricity is generated in these wind farms, which is transmitted through the grid and distributed to the consumers.
Wind turbines can be built on land or offshore in large water bodies such as oceans and lakes. Wind energy is one of the cheapest and cleanest sources of electricity. Unlike the fossil fuels such as coal, oil and gas, wind plants do not generate pollutants or greenhouse gases.

Wind power offers various advantages:
• Wind is a renewable form of energy and inexhaustible unlike fossil fuels
• It is environment friendly and does not emit greenhouse gases
• The installation of wind power plants consume less time and low cost compared to that of      conventional power plants
• It is a great source of power in remote locations

Technavio's analysts forecast the wind turbine market in India to grow at a CAGR of 13.1% according to the cumulative installed capacity over the period 2014-2019.

Covered in this Report
The wind turbine market in India can be segmented on the basis of installation type and geography.

By installation type:
• Onshore
• Offshore

By geography:
• Tamil Nadu
• Maharashtra
• Gujarat
• Rajasthan
• Karnataka
• Others

Technavio's report, Wind Turbine Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market forecast and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• Gamesa Wind Turbines
• Inox Wind
• Suzlon Energy
• Vestas Wind Systems
• WinWinD

Other Prominent Vendors
• Chiranjeevi Wind Energy
• Enercon
• GE Wind
• Global Wind Power
• Inox Wind
• Kenersys India
• Pioneer Wincon
• RRB Energy

Market Driver
• Growing Energy Demand and Need for Energy Security
•  For a full, detailed list, view our report

Market Challenge
• Low and Inconsistent Generation Capacity
• For a full, detailed list, view our report

Market Trend
• Increased Government Support
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Technological Overview
06.2.1 Technological Evolution
06.3 Market Size and Forecast
06.3.1 Market Size and Forecast by Cumulative Installed Capacity
06.3.2 Market Size and Forecast by Annual Capacity Addition
06.4 Five Forces Analysis
07. Market Segmentation by Installation Type
07.1 Wind Turbine Market in India by Onshore Installations
07.1.1 Market Size and Forecast
07.2 Wind Turbine Market in India by Offshore Installations
08. Market Segmentation by Geography
08.1 Wind Turbine Market in India by Geography 2014
08.2 Wind Turbine Market in India by Geography 2019
08.3 Wind Turbine Market in India by Geography 2014-2019
08.4 Wind Turbine Market in Tamil Nadu
08.5 Wind Turbine Market in Maharashtra
08.6 Wind Turbine Market in Gujarat
08.7 Wind Turbine Market in Rajasthan
08.8 Wind Turbine Market in Karnataka
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key News
16.2 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Gamesa
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Business Segmentation by Revenue 2014
17.1.4 Geographical Breakdown of Wind Turbine Sales 2014
17.1.5 Geographical Presence
17.1.6 Business Strategy
17.1.7 Key Developments
17.1.8 SWOT Analysis
17.2 Inox Wind
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Recent Developments
17.2.4 SWOT Analysis
17.3 Suzlon Energy Ltd.
17.3.1 Key Facts
17.3.2 Business Description
17.3.3 Business Strategy
17.3.4 Sales by Geography
17.3.5 Key Developments
17.3.6 SWOT Analysis
17.4 Vestas
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Business Segmentation
17.4.4 Business Segmentation by Revenue
17.4.5 Business Segmentation by Revenue 2012 and 2013
17.4.6 Geographical Segmentation by Revenue 2013
17.4.7 Business Strategy
17.4.8 Recent Developments
17.4.9 SWOT Analysis
17.5 WinWinD
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 SWOT Analysis
18. Other Reports in the Series

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.


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 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



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


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