DUBLIN--(BUSINESS WIRE)--The "Global Wind Automation Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global wind automation market was valued at US$3.177 billion in 2017 and is projected to expand at a CAGR of 6.21% over the forecast period to reach US$4.560 billion by 2023.
Wind automation sector is expected to witness increase in sales during the forecast period due to wider implementation of wind turbines off-shore and on-shore. Government authorities across the world have taken initiatives to increase the production of renewable energy in parallel with rising demand for renewable energy, which is widely aiding to the global wind automation market growth. Various other factors further pushing the demand for wind automation are stringent regulations regarding lower carbon emission, increasing ROI, and rising awareness about green energy.
Major restraints impeding the growth of the wind automation industry are high costs of investments required for installing wind turbines, and difficulty to finance off-shore projects.
Major industry players profiled as part of the report are ABB, Rockwell Automation, Inc., Siemens AG, and Yokogawa Electric Corporation among others.
- This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments.
- Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
- The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions.
- Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Wind Automation Market Forecast by Product
6. Global Wind Automation Market by Deployment
7. Global Wind Automation Market by Geography
8. Competitive Intelligence
9. Company Profiles
- Siemens AG
- Rockwell Automation Inc.
- Bachmann Electronic GmbH
- Schneider Electric
- Bonfiglioliriduttori S.P.A.
- Emerson Electric Co.
- Vestas Wind Systems A/S
- Yokogawa Electric Corporation
- Regal Beloit Co.
- Omron Corporation
For more information about this report visit https://www.researchandmarkets.com/research/mktqg7/global_wind?w=4