Research and Development Trend of Chinas Wind Power Equipment and Parts Market, 2013-2017

Published: May, 2013 | Pages: 63 | Publisher: Huidian Research
Industry: Energy | Report Format: Electronic (PDF)

Across China, situations relying on ‘wind power machinery’ imports have undergone a fundamental transformation. This is ascribed to expansion across the production sectors of ‘wind power equipment.’ The wind power capacity in China observed considerable surge in 2010, subsequent to constant reductions in equipment prices.

Thus, the gains for machinery manufacturers lowered with time, becoming insufficient in 2011. This made it difficult for manufacturers to fend for their needs. So that they were able to maintain a competitive advantage over others, companies lowered equipment prices & boosted productive capacities. The same also resulted from strong competition, affecting the market’s healthy expansion.

Deeming the market’s forecast period - 2013 to 2017, the number of Chinese equipment manufacturers was over 80 in 2012. Collective shares of the top three manufacturers; Goldwind, Sinovel, & Dongfang; were 52.3 percent by end December 2011. Top ten companies contributed about 84.3 percent shares, with remaining sixty firms occupying only around 3.6 percent shares by the end of the same year.

China dominates the global wind power industry. It witnesses fast growth across novel wind amenities and is home to the biggest installed capacities. The country has recognized ‘wind power’ as one of its key ‘economic propellers.’ Two key drivers of the China wind power equipment and parts market include governmental support (regarding these equipment) and ‘wind power’ innovations.

Reduction in the costs of these machineries has also propelled market sales. However, despite these, national fiscal recession in 2015 led to overloading across the power industry, decreasing market demand. The market is fragmented into products and applications.

Products consist of wind turbines, wind-solar hybrid systems, low-cost wind turbines, low-cost solar panels, wind solar hybrid controllers, wind grid tie inverters, and others. Applications include power production at remote sites, hybrid, low power, village electrification, utility-interconnection, and others.

China is the most swiftly expanding wind turbine industry globally. Moreover, it is the second biggest wind power industry after the United States of America in reference to collective installed capacities. China’s wind turbine industry is driven by lengthy coastlines, vast land strips, and regulatory assistance. All these factors also contribute added revenues for the China wind power equipment and parts market.

 Table of Content

1. Overview of Wind Power Equipment Industry
1.1 Brief Introduction of Wind Power Equipment Industry
1.1.1 Definition
1.1.2 Classification of Wind Power Equipments
1.2 Development History of Wind Power Equipment Industry
1.3 Industry Chain
1.3.1 Industry Chain Model 
1.3.2 Model Analysis

2. Development Environment of China's Wind Power Equipment Industry
2.1 Analysis on Economic Development Environment in China
2.1.1 Macro Economy
2.1.2 GDP
2.1.3 Fixed Asset Investment
2.1.4 Total Import-Export Value and Growth
2.2 Policy Environment and Standard
2.1.1 Policy Environment
2.1.2 Relevant Standard

3. Market Status of China's Wind Power Equipment Industry
3.1 Market Status of Wind Power in China
3.2 Development Status of Offshore Wind Power 
3.3 Grid Accession of Wind Power
3.3.1 Feed-in Tariff of Wind Power
3.3.2 Constraining Factors
3.3.3 Wind Power Integration Planning

4. Parts Industry of Wind Power Equipment and Key Enterprises
4.1 Industry Status 
4.1.1 Market Status of Wind Power Blades 
4.1.2 Status Quo of Wind Power Gear
4.1.3 Market Profile of Generators 
4.2 Wind Power Blades
4.2.1 Zhonghang (Baoding) Huiteng Windpower Equipment Co., Ltd
4.2.2 Sinomatech Wind Power Blade Co., Ltd.
4.2.3 Zhuzhou Times New Material Technology Co., Ltd.
4.2.4 Jiangsu Miracle Logistics System Engineering Co., Ltd.
4.3 Gear
4.3.1 Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd.
4.3.2 CN Gpower Gearbox Co., Ltd. 
4.3.3 Hangzhou Advance Gearbox Group Co., Ltd.
4.4 Generators 
4.4.1 Xiangtan Electric Manufacturing Group
4.4.2 TBEA Co., Ltd.
4.4.3 Sinovel Wind Group Co., Ltd.

5. Leading Manufacturers of Wind Turbines
5.1 Goldwind Since &Technology Co., Ltd.
5.1.1 Company Profile
5.1.2 Business Performance 
5.1.3 Future Development Strategy 
5.2 Guizhou Changzheng Electric Co., Ltd.
5.2.1 Company Profile
5.2.2 Business Performance
5.2.3 Future Development Strategy
5.3 Dondfang Electric Corporation
5.3.1 Company Profile
5.3.2 Business Performance
5.3.3 Future Development Strategy
5.4 Huanyi Electric Apparatus Group
5.4.1 Company Profile
5.4.2 Business Performance
5.4.3 Future Development Strategy
5.5 Wolong Electric Group Co., Ltd.
5.5.1 Company Profile
5.5.2 Business Performance
5.5.3 Future Development Strategy

6. Development Forecast of China's Wind Power Equipment Industry
6.1 Development Prospect 
6.2 Market Scale Forecast

7. Investment Opportunity and Risks of Wind Power Equipment Industry
7.1 Investment Opportunity
7.1.1 Relevant Supportive Policies
7.1.2 Exuberant Demand from Downstream Market
7.1.3 Abundant Wind Power Resources
7.1.4 Wind Power Equipment with Competitive Advantages
7.2 Investment Risks in Wind Power Equipment Industry
7.2.1 Declining Market Demand
7.2.2 Competitive Risk
7.2.3 Wind Power Integration and Usage
7.2.4 Policy Risk
7.2.5 Exchange Rate Fluctuation 
7.3 Investment Suggestions
7.3.1 Investment in Preponderant Enterprises
7.3.2 Product Diversification
7.3.3 More Efforts in Research and Development; Cultivate Professional Talents