The global wind turbine tower market is expected to grow at a CAGR of 5.03% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increase in demand for clean power. The growing demand for wind energy across several countries is attributable to the need for them to emerge as a fossil-free energy producer. Harnessing renewable energy offers a reliable, affordable, and secure way of energy generation.
According to the report, one driver in the market is increase in rotor diameter. The increasing demand for alternative energy sources such as wind power is attributable to the fast depleting fossil fuel reserves around the world. Also, the polluting greenhouse effects of fossil fuels is driving the need for cleaner and sustainable sources of power generation.
Further, the report states that one challenge in the market is development of airborne wind turbines. The wind turbines are generally fixed on top of a tower, and the kinetic energy of the wind creates low air pressure in between the blades while the wind is flowing over it. To compensate for the pressure gap, the other blades of the wind turbine rotate, which rotates the rotor that is connected to a generator and this process generates electricity.
- Trinity Sructural Towers
- WINDAR Renovables
Key Topics Covered
01. Executive Summary
02. Scope of the Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation by Application
08. Market Segmentation by Product Type
09. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
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