DUBLIN--(BUSINESS WIRE)--The "Global Wind Turbine Bearings Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Clean energy investments reached USD 64.8 billion globally in 2017, out of which wind energy accounted for USD 26.2 billion in new investments. There is about 14 GW of wind capacity under development, as the US wind industry starts building the massive pipeline of projects that qualified a year ago, for full production tax credit. In Europe over 6 GW of wind energy capacity was added. It is likely to exceed the installed capacity for 2016. By the end of June 2017, the market saw a little more than 3.8 GW, in a new limit, bringing the aggregate installed capacity to 32.5 GW.
The Asia-Pacific region is ramping up its wind energy production, to meet its increasing energy needs, and in a bid to limit smog-causing pollution from coal plants and follow up on environmental change. In 2016, China surpassed Europe as the world's largest regional wind market, introducing half of all the new wind capacity additions, globally. Also, in India, the wind power capability is expected to be ramped up to 185 GW an eight-fold increment in more than 15 years from 2015, and to contribute roughly 14% of India's renewable energy use.
Wind power capacity in the United States endured strong growth in 2017. It saw a 7GW of wind projects installed in 2017, representing USD 11 billion in new investment. Now the total installed capacity in the United States is more than 89 GW. Additionally, the United States added its first commercial offshore wind farm in 2016. The support from federal and state governments, combined with acknowledgement and demand from buyers, has advanced development in the wind energy industry over the last few years.
- Dalian Metallurgical Bearing Co Ltd
- NTN Bearing
- Rothe Erde
- Schaeffler Group
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
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