Wind Power Market Analysis By Application (Industrial, Residential, Commercial) And Segment Forecasts To 2020

Published: Feb, 2014 | Pages: 80 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)

The global cumulative installed capacity for wind power is expected to reach 760.35 GW by 2020. Favorable regulatory scenario with a view to reduce carbon footprints is expected to be a key driving factor for the market. Governmental support in the form of tax benefits and financial incentives across various nations including the U.S., China, UK, Italy, Spain, India and Brazil has given a boost to the overall market, due to which wind power has been gaining a considerable amount of market share in the overall electricity generation.

Industrial applications dominated the global wind power demand, accounted for over 40% of the total market in 2012. Along with being the largest market, industrial applications are also expected to be the fastest growing, at an estimated CAGR of 13.3% from 2013 to 2020. Growing industrial production in India, China and Brazil is expected to result in a surge of energy consumption and have a positive impact on wind power generation industry. Other sectors where wind power is being used include residential and commercial heating/lighting applications.

Further key findings from the study suggest:

Europe emerged as the leading market for wind power with a cumulative installed capacity of 109.80 GW of the total market in 2012. Europe's framework legislation and its target to reduce carbon footprints by 2020 are expected to ensure continuous growth of wind power market in the region
Germany, UK, Italy, Spain and France represent some of the leading markets in Europe. However, huge investment opportunities exist in the Eastern European countries such as Russia, Ukraine etc.
Owing to rapid strides taken by India and China to develop wind power generation, Asia Pacific is expected to overtake Europe to lead the global market by 2020. Asia Pacific accounted for 35.6% of the total installed capacity in 2012. Wind power accounted for a 2% of the total electricity produced in China up from 1.5% in 2011.
North America emerged as the third largest wind power market in 2012. Extension of Production Tax Credit as a part of fiscal cliff package by the U.S. Congress is expected to be a key factor driving the regional market for wind power. The U.S. saw a record number of capacity addition in 2012 as wind power emerged as the largest source of new electricity generation by accounting more than 40% of new capacity added.
Some of the key companies operating in the global wind power market include GE Wind, Vestas, Siemens Wind Power, Enercon, Suzlon Group, Gamesa, Goldwind, United Power, Sinovel and Mingyang.
For the purpose of this study, Grand View Research has segmented the global wind power market on the basis of application and region:

Wind Power Application Outlook,
Industrial
Residential
Commercial
Wind Power Regional Outlook,
North America
U.S.
Europe
UK
Spain
Germany
France
Italy
Asia Pacific
India
China
Japan
RoW
Brazil

 Table of Contents
Chapter 1 Executive Summary

                1.1 Wind power- Industry Summary & Critical Success Factors (CSFs)    

Chapter 2 Wind powerIndustry Outlook                                                        

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Wind powerValue Chain Analysis                                    

                2.4 Wind powerMarket Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Concerns about conventional energy

                        2.4.1.2 Regulatory support

                    2.4.2 Market restraint analysis

                        2.4.2.1 High cost

                        2.4.2.2 Intermittent production                                               

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Wind power- Company Market Share Analysis

                2.8 Wind power- PESTEL Analysis   

Chapter 3 Wind power Application Outlook                                                  

                3.1 Industrial

                    3.1.1. Global wind power demand for industrial applications, 2012-2020, (GW)

                3.2 Residential

                    3.2.1 Global wind power demand for residentialapplications, 2012-2020, (GW)

                3.3 Commercial

                    3.3.1 Global wind power demand for commercial applications, 2012-2020, (GW) 

Chapter 4 Wind power Regional Outlook

                4.1 North America

                    4.1.1 North America wind power market volume & revenue by application, 2012-2020 (GW)

                4.2Europe

                    4.2.1 Europe wind power market volume & revenue by application, 2012-2020 (GW)

                4.3 Asia Pacific

                    4.3.1 Asia Pacific wind power market volume & revenue by application, 2012-2020 (GW)

                4.4 South & Central America

                    4.4.1 South & Central America wind power market volume & revenue by application, 2012-2020 (GW)

                4.5 Middle East & Africa

                    4.5.1 Middle East & Africa wind power market volume & revenue by application, 2012-2020 (GW) 

Chapter 5 Wind Power Competitive landscape

                5.1 GE Wind

                    5.1.1  Company Overview

                    5.1.2  Financial Performance

                    5.1.3  Product Benchmarking

                    5.1.4 Strategic Initiatives

                5.2  Vestas

                    5.2.1  Company Overview

                    5.2.2  Financial Performance

                    5.2.3  Product Benchmarking

                    5.2.4  Strategic Initiatives

                5.3  Siemens Wind Power+

                    5.3.1  Company Overview

                    5.3.2  Financial Performance

                    5.3.3  Product Benchmarking

                    5.3.4  Strategic Initiatives

                5.4  Enercon

                    5.4.1  Company Overview

                    5.4.2  Financial Performance

                    5.4.3  Product Benchmarking

                    5.4.4  Strategic Initiatives

                5.5  Suzlon Group

                    5.5.1  Company Overview

                    5.5.2  Financial Performance

                    5.5.3  Product Benchmarking

                    5.5.4  Strategic Initiatives

                5.6  Gamesa

                    5.6.1  Company Overview

                    5.6.2  Financial Performance

                    5.6.3  Product Benchmarking

                    5.6.4 Strategic Initiatives

                5.7  Goldwind

                    5.7.1  Company Overview

                    5.7.2  Financial Performance

                    5.7.3  Product Benchmarking

                    5.7.4  Strategic Initiatives

                5.8  United Power

                    5.8.1  Company Overview

                    5.8.2  Financial Performance

                    5.8.3  Product Benchmarking

                    5.8.4  Strategic Initiatives

                5.9  Sinovel.

                    5.9.1  Company Overview

                    5.9.2  Financial Performance

                    5.9.3  Product Benchmarking

                    5.9.4  Strategic Initiatives

                5.10  Mingyang

                    5.10.1  Company Overview

                    5.10.2  Financial Performance

                    5.10.3  Product Benchmarking

                    5.10.4  Strategic Initiatives

Chapter 6 Methodology & Scope                                           

                6.1 Research Methodology                                       

                6.2 Research Scope & Assumptions                                     

                6.3 List of Data Sources                                            


List of Tables


Wind power - Industry Summary & Critical Success Factors (CSFs)
Global Wind Power market volume andrevenue, 2012 - 2020
Wind Power - Key driver analysis
Wind Power- Key restraint analysis
Global Wind Power demand from Industrial, (volume), 2012-2020
Global Wind Power demand from Residential, (volume), 2012-2020
Global Wind Power demand from Commercial, (volume), 2012-2020
North America Wind Power market volume, 2012 - 2020 (Giga Watt)        
Europe Wind Power market volume, 2012 - 2020(Giga Watt)
Asia Pacific Wind Power market volume, 2012 - 2020(Giga Watt)
South & Central America Wind Power market volume, 2012 - 2020(Giga Watt)
Middle East & AfricaWind Power market volume, 2012 - 2020(Giga Watt)

List of Figures

Wind Power market segmentation
Global Wind Power market (Volume &Revenue), 2012 - 2020
Wind Power - Value chain analysis
Wind Power - Market dynamics
Wind Power - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
Wind PowerPESTEL analysis, 2013
Global Wind Power market volume share, by application, 2013& 2020
Global Wind Power demand from Industrial, (volume), 2012-2020
Global Wind Power demand from Residential, (volume), 2012-2020
Global Wind Power demand from Commercial, (volume), 2012-2020
Global Wind Power market volume share, by region, 2013& 2020
North America Wind Power market estimates and forecast, 2012-2020 (Giga Watt)           
Europe Wind Power market estimates and forecast, 2012-2020 (Giga Watt)
Asia Pacific Wind Power market estimates and forecast, 2012-2020 (Giga Watt)
South & Central America Wind Power market estimates and forecast, 2012-2020 (Giga Watt)
Middle East & AfricaWind Power market estimates and forecast, 2012-2020 (Giga Watt)