China overtook the US to
become the largest wind power market in terms of annual capacity additions in
2009 and cumulative capacity in 2010 and has since become the global leader in
both the manufacture and deployment of wind turbines. In 2013 it was the
world's largest wind power market with an annual installed capacity of 16.5 GW,
amounting to 45% of total global annual capacity additions, followed by Germany
and the UK with much smaller shares of less than 10% each.
India, Canada and the US
also installed significant amounts of wind power, classed as more than 1 GW
each. The US and Spain's shares fell sharply compared to the previous year as
annual capacity additions fell in both countries.
The global market saw a
major fall in annual capacity additions in 2013 due to a drop off in this area
in the US and in Spain. In the US, the Production Tax Credit (PTC) expired on
December 31, 2012, which saw many wind farm developers expediting construction
and bring commissioning dates forward from 2013 to late 2012 in order to take
advantage of the PTC. This led to a sharp fall in the number of wind farms
commissioned in 2013 and a reduction in the number of wind towers installed
that year.
In Spain, the government
suspended Feed-in Tariffs (FiTs) for wind power for 2013, which led to a very
sharp fall in capacity additions to less than a fifth of the amount in the
previous year. The number of towers installed in 2013 also dropped to similar
levels.
"Wind Power, Update 2014 - Global Market Size, Average Price,
Competitive Landscape, and Key Country Analysis to 2020", provides
clear understanding and detailed insights into the global wind power market. It
explains the key drivers and challenges affecting the market, and also provides
data regarding the historic and forecast growth of the wind power market,
average turbine prices, market size, and competitive landscape, globally and
also in the key wind power countries of Germany, Spain, the UK, the US, Canada,
China and India.
Reasons to Buy
- Historic and forecast statistics for annual wind power installations and average turbine prices from 2006 to 2020, globally and for each of the key countries.
- Detailed technology and cost analyses of the wind turbine are also provided.
- Coverage is provided of the key growth drivers and challenges related to the global wind power market.
- Key countries for the wind power market is listed, and the report also provides details of the share of wind turbine tower installations held by each.
- Competitive landscape of the wind turbine market and discusses the market shares of the major turbine suppliers globally, and in each country.
For more information see - http://mrr.cm/Zgh
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