Market Overview:
The global wind power generator market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the rising concerns about climate change. The global wind power generator market is segmented on the basis of type, application, and region. On the basis of type, it is divided into large wind turbines (above 100-150 kW) and small-scale wind turbines (below 100-150 kW). On the basis of application, it is classified into on-grid and off-grid applications. Regionally, it is analyzed across North America, Latin America, Europe Asia Pacific and Middle East & Africa.
Product Definition:
Wind power is the use of air flow to generate mechanical power or electricity. Wind turbines convert the kinetic energy in the wind into mechanical power. This mechanical power can be used for specific tasks such as grinding grain or pumping water, or it can be converted into electricity by a generator and used to supply electrical energy to an entire community.
Large Wind Turbines (Above 100-150 KW):
Large wind turbines are used for commercial applications of the wind power generation plant. It is a mechanical device that aids in converting the kinetic energy generated from the moving air to electrical energy. The turbine blades capture and convert the wind's speed into usable power which is then transmitted to an electric generator through a nacelle (a small cabin where all major components are located).
The large size turbines range between 100-150 KW capacity.
Small-Scale Wind Turbines (Below 100-150 KW):
Small-scale wind turbines are used to generate power for domestic use. They are also known as residential wind turbines and can be used in single or multi-family homes. Small scale wind turbines have a capacity between 30 KW and 150KW, which is adequate for powering small communities with electricity. The cost of installation of these devices is less when compared to large scale devices; therefore, the market has witnessed growth in recent years.
Application Insights:
On-grid and off-grid applications are the major segments of the global wind power generator market. On-grid application is expected to dominate the market over the forecast period owing to its ability to integrate large amounts of energy from renewable sources into existing electricity grids. Growing on-shore and offshore wind capacities, as well as government support for on-grid projects are expected to drive demand over the forecast period.
The growing integration of renewable sources such as solar PV and thermal storage into electricity grids is anticipated to increase demand for flexible generators that can operate within narrow limits between 0% & 100% load capacity. Increasing need for integrating variable generation from solar PV with existing fossil fuel power plants has led manufacturers such as Siemens Energy Technologies, Inc., ABB Ltd.
Regional Analysis:
The wind power generator market is expected to grow at a significant rate in the Asia Pacific region over the forecast period. The growth can be attributed to increasing government support for large-scale investments in wind energy projects, which are primarily based in China and India. In 2016, these countries accounted for more than 80% of global installations. Moreover, favorable government policies and growing awareness regarding renewable energy sources are anticipated to drive regional market growth over the forecast period.
In addition, rapidly expanding electricity generation capacities across emerging economies such as China and India will further augment industry expansion over the next eight years. However, some countries such as Denmark may face challenges due to changes in weather patterns that may reduce production levels of wind turbines or switch off some turbines when winds are not favorable (i.e., not enough).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the use of renewable energy sources
- Reduction in the cost of wind power generation technology
- Growing concern about climate change and air pollution from traditional energy sources
- Availability of subsidies and other financial incentives for installing wind power generators
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Power Generator Market Research Report
By Type
Large Wind Turbines (Above 100-150 KW), Small-Scale Wind Turbines (Below 100-150 KW)
By Application
On-Grid, Off-Grid
By Companies
Siemens, GE, Vestas, Goldwind, Enercon, Siemens(Gamesa), United Power, Ming Yang, Senvion, Nordex, Samsung, Mitsubishi Heavy Industries, Repower, Alstom, Sinovel, Orano
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wind Power Generator Market Report Segments:
The global Wind Power Generator market is segmented on the basis of:
Types
Large Wind Turbines (Above 100-150 KW), Small-Scale Wind Turbines (Below 100-150 KW)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
On-Grid, Off-Grid
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- GE
- Vestas
- Goldwind
- Enercon
- Siemens(Gamesa)
- United Power
- Ming Yang
- Senvion
- Nordex
- Samsung
- Mitsubishi Heavy Industries
- Repower
- Alstom
- Sinovel
- Orano
Highlights of The Wind Power Generator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Large Wind Turbines (Above 100-150 KW)
- Small-Scale Wind Turbines (Below 100-150 KW)
- By Application:
- On-Grid
- Off-Grid
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wind Power Generator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wind power generators are devices that convert wind energy into electrical power.
Some of the major companies in the wind power generator market are Siemens, GE, Vestas, Goldwind, Enercon, Siemens(Gamesa), United Power, Ming Yang, Senvion, Nordex, Samsung, Mitsubishi Heavy Industries, Repower, Alstom, Sinovel, Orano.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Power Generator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wind Power Generator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wind Power Generator Market - Supply Chain
4.5. Global Wind Power Generator Market Forecast
4.5.1. Wind Power Generator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Power Generator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Power Generator Market Absolute $ Opportunity
5. Global Wind Power Generator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wind Power Generator Market Size and Volume Forecast by Type
5.3.1. Large Wind Turbines (Above 100-150 KW)
5.3.2. Small-Scale Wind Turbines (Below 100-150 KW)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Power Generator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wind Power Generator Market Size and Volume Forecast by Application
6.3.1. On-Grid
6.3.2. Off-Grid
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Power Generator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wind Power Generator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wind Power Generator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wind Power Generator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wind Power Generator Demand Share Forecast, 2019-2026
9. North America Wind Power Generator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wind Power Generator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wind Power Generator Market Size and Volume Forecast by Application
9.4.1. On-Grid
9.4.2. Off-Grid
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Power Generator Market Size and Volume Forecast by Type
9.7.1. Large Wind Turbines (Above 100-150 KW)
9.7.2. Small-Scale Wind Turbines (Below 100-150 KW)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wind Power Generator Demand Share Forecast, 2019-2026
10. Latin America Wind Power Generator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wind Power Generator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wind Power Generator Market Size and Volume Forecast by Application
10.4.1. On-Grid
10.4.2. Off-Grid
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Power Generator Market Size and Volume Forecast by Type
10.7.1. Large Wind Turbines (Above 100-150 KW)
10.7.2. Small-Scale Wind Turbines (Below 100-150 KW)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wind Power Generator Demand Share Forecast, 2019-2026
11. Europe Wind Power Generator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wind Power Generator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wind Power Generator Market Size and Volume Forecast by Application
11.4.1. On-Grid
11.4.2. Off-Grid
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Power Generator Market Size and Volume Forecast by Type
11.7.1. Large Wind Turbines (Above 100-150 KW)
11.7.2. Small-Scale Wind Turbines (Below 100-150 KW)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wind Power Generator Demand Share, 2019-2026
12. Asia Pacific Wind Power Generator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wind Power Generator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wind Power Generator Market Size and Volume Forecast by Application
12.4.1. On-Grid
12.4.2. Off-Grid
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Power Generator Market Size and Volume Forecast by Type
12.7.1. Large Wind Turbines (Above 100-150 KW)
12.7.2. Small-Scale Wind Turbines (Below 100-150 KW)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wind Power Generator Demand Share, 2019-2026
13. Middle East & Africa Wind Power Generator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wind Power Generator Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wind Power Generator Market Size and Volume Forecast by Application
13.4.1. On-Grid
13.4.2. Off-Grid
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Power Generator Market Size and Volume Forecast by Type
13.7.1. Large Wind Turbines (Above 100-150 KW)
13.7.2. Small-Scale Wind Turbines (Below 100-150 KW)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wind Power Generator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Power Generator Market: Market Share Analysis
14.2. Wind Power Generator Distributors and Customers
14.3. Wind Power Generator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vestas
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Goldwind
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Enercon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens(Gamesa)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. United Power
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ming Yang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Senvion
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nordex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Samsung
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Heavy Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Repower
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Alstom
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sinovel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Orano
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
