DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Wind Turbine Tower Market - Market Analysis by Geography, by Type of Installation, by Tower Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)" report to their offering.
With increasing demand for clean and renewable energy sources worldwide, the wind energy sector is witnessing immense growth. The market for wind turbine towers, which forms a major part of a wind turbine system both cost wise and size wise, is directly related to the market for wind turbines. The global wind turbine tower market is expected to reach $XX billions by 2020, up from $XX billion in 2013, with a CAGR of XX per cent.
Wind turbine towers can be tubular, lattice structured or guyed pole towers. Concrete towers are also popular. Increasing capacities of modern wind turbines have resulted in larger rotor diameters. This has necessitated higher towers. Turbine towers are made in sections and assembled on site. Taller towers are increasingly becoming popular as wind profiles are stronger at greater heights.
The growing shift towards clean renewable energy is the main driver for the wind energy market, and therefore the turbine tower market. Increasing standards of living around the world is another driver for this market. Government policies on wind energy are different the world over. The European markets are being hit hard from governments withdrawing subsidies and stopping feed-in tariff programs for renewable energy. Emerging markets in Asia, Africa and South America are providing a boost to the industry. The wind power industry is also hoping to benefit from the growing number of offshore wind turbine installations.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Drivers, Constraints and Opportunities
6. Industry Value Chain Analysis
7. Global Wind Turbine Tower Market, By Type of Tower
8. Global Wind Turbine Tower Market, By Type of Installation
9. Global Wind Turbine Tower Market, By Geography
10. Key Company Analysis
11. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/rhl3m6/global_wind