According to the study report by Transparency Market Research subjected on "Global Wind Energy and Wind Turbine Market (2011 - 2016)" – the global market for wind turbine registered growth rate of 25% CAGR over the last five years. The Global Wind Energy Market cumulative capacity accounted for 197,039 MW in 2010. Also, the wind turbine market is expected to attain market size of USD 93.1 billion in 2016, while wind energy cumulative capacity will rise to 1,750,000 MW by 2030.
According to the study report by Transparency Market Research subjected on "Global Wind Energy and Wind Turbine Market (2011 - 2016)" – the global market for wind turbine registered growth rate of 25% CAGR over the last five years. The Global Wind Energy Market cumulative capacity accounted for 197,039 MW in 2010. Also, the wind turbine market is expected to attain market size of USD 93.1 billion in 2016, while wind energy cumulative capacity will rise to 1,750,000 MW by 2030.
According to the study report by Transparency Market Research subjected on "Global Wind Energy and Wind Turbine Market (2011 - 2016)" – the global market for wind turbine registered growth rate of 25% CAGR over the last five years. The Global Wind Energy Market cumulative capacity accounted for 197,039 MW in 2010. Also, the wind turbine market is expected to attain market size of USD 93.1 billion in 2016, while wind energy cumulative capacity will rise to 1,750,000 MW by 2030.
According to the study report by Transparency Market Research subjected on "Global Wind Energy and Wind Turbine Market (2011 - 2016)" – the global market for wind turbine registered growth rate of 25% CAGR over the last five years. The Global Wind Energy Market cumulative capacity accounted for 197,039 MW in 2010. Also, the wind turbine market is expected to attain market size of USD 93.1 billion in 2016, while wind energy cumulative capacity will rise to 1,750,000 MW by 2030.
Global onshore wind market is expected to grow at a faster pace shortly, the main reasons being increased context of energy supply, and demand and rising demand for renewable energy in electricity generation mix. Global Wind Energy Council has estimated that there has been an increase of wind power from 92.4 GW in 2007 to 494.6 GW in 2017. This proves the promising future of wind power in the near future. Besides the increasing projects in the construction of wind farms and wind parks is ... Read more
The renewable energy movement is one of the crucial factors adding to the expansion of the onshore wind energy market. Market reports connected to the energy and power industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The market is expected to capture a 27 % CAGR in the duration of the forecast period.