DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Wind Turbines Market, Update 2016 - Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2020" report to their offering.
The global wind turbines market is expected to increase to $81.14 billion in 2019 from $76.54 billion in 2015. However, it is estimated to show a slight dip and reach $71.21 billion in 2020. In 2015, the Americas, Asia-Pacific, and Europe, Middle East, and Africa (EMEA) region accounted for $19.96 billion, $30.09 billion, and $26.49 billion market values, respectively.
In 2019, the wind turbines market in the Americas and EMEA registered $23.52 billion and $32.58 billion, respectively and dipped to $13.55 billion and $32.48 billion, respectively in 2020. The Asia-Pacific market witnessed stable market conditions, registering, $25.04 billion and $25.18 billion in the year 2019 and 2020.
Technological developments have paved way for more effective and reliable equipment and machinery, making wind one the most reliable source on power in the global market. The growth of the wind energy market is fueled by declining cost of wind power generation and growing environmental concerns. Furthermore, wind power technology is being supported by financial incentives from various governments across the world.
Key Topics Covered:
1. List of Tables and Figures
3 Wind Turbines Market, Global
4 Wind Turbines Market, Americas
5 Wind Turbines Market, Asia-Pacific
6 Wind Turbines Market, EMEA
For more information about this report visit http://www.researchandmarkets.com/research/vcxqq2/wind_turbines