Wind Power - Global Market Size, Turbine Market Share, Installation Prices, Regulations and Investment Analysis to 2020
Global Wind Power Market will Post Steady Growth during the Forecast Period.It also provides historical and forecast data to 2020 for installed capacity and power generation.
Hyderabad, Andhra Pradesh, India., November 16, 2011 - (PressReleasePoint) -The global wind energy market witnessed huge growth from 2009 to 2010 as total wind power capacity grew by 22.3%. Global wind energy installed capacity increased at a compound annual growth rate (CAGR) of 27.9% from 74,107 megawatt (MW) in 2006 to 198,203 MW in 2010, of which 36,100 MW came online in 2010. Although the cumulative capacity for wind power grew, there was a fall in annual additions in 2010 by 10.9% as major wind markets such as the US, Germany and Spain faced economic problems following the global economic crisis. The global wind power markets are expected to recover in 2011 due to the huge order intake by major wind manufacturers, the growing Asia-Pacific region, emerging South America and Africa regions, steady European wind markets and recovery in North America. Wind power manufacturers across the world had a high order intake in 2010 with expected delivery deadlines in 2011 and 2012. This will contribute to annual installations. The growing Asia-Pacific wind power market powered by India, China and other emerging countries such as Republic of Korea,
Thailand and Philippines will continue to drive the market as well as emerging South America and Africa countries such as Brazil, Columbia, Argentina and South Africa.
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“Wind Power - Global Market Size, Turbine Market Share, Installation Prices, Regulations and Investment Analysis to 2020” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Global Wind Power market.
The research provides an understanding of the technology, key drivers and challenges in the global wind power market. It also provides historical and forecast data to 2020 for installed capacity and power generation. The report details the cost analysis and investment analysis in the global wind power market. The report analyses wind power initiatives with policy framework in key countries such as China, the US, Germany, Spain, Italy, India, France and the UK. The research provides market share for major wind turbine manufacturers and investment trend analysis for global and other major markets.
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