Research and Markets: Wind Turbine Market in India 2014 Research Report
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lzj7wn/wind_turbine) has announced the addition of the "Wind Turbine Market in India 2014" report to their offering.
Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy. As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow.
Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government's decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market's growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present.
Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years.
- Suzlon Energy Ltd.
- The Tata Power Company Ltd.
- Chiranjjeevi Wind Energy Ltd.
- Gamesa Wind Turbines Pvt. Ltd.
- GE India Industrial Pvt. Ltd.
- Global Wind Power Pvt. Ltd.
- Inox Wind Ltd.
- Kenersys India Pvt. Ltd.
- Leitwind Shriram Manufacturing Ltd.
- Regen Powertech Pvt. Ltd.
- RRB Energy Ltd.
- Vestas Wind Technology India Pvt. Ltd.
- Wind World (India) Ltd.
- Winwind Power Energy Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/lzj7wn/wind_turbine
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