World Wind Energy Market Update 2016

World Wind Energy Market Update 2016

World Wind Energy Market Update 2016

Report
Format: PDF-Excel
Published year: 2016
Publisher: Navigant Research
Language: English
Pages: 135

Summary

The global wind turbine installations of 2015 show just how much the wind power industry has grown over the past few years. They also illustrate how firmly wind energy is entrenched as part of the broader worldwide energy system. In 2015, 63,135 MW of wind power capacity was added globally, a 23.2% increase from the 51,230 MW installed in 2014. Much of this annual record was driven by China, which installed a remarkable 30,293 MW. Meanwhile, the U.S. and German wind markets experienced a revival, leading to a shake-up in the rankings of the world?s top wind turbine suppliers in 2015. This 21st annual edition of Navigant Research?s World Wind Energy Market Update benchmarks the global wind energy market and the activity of all large-scale wind turbine manufacturers. Areas of insight include wind power installations, rankings of the top 10 country markets, growth rates, and an overview of offshore wind power markets. Analyses also consist of insight into the wind turbine supply side, including changes in the top rankings and market share (annual and cumulative capacity) of turbine vendors and country-level geographic installations by vendor globally in 2015. A first for this year?s report is a top wind turbine OEM ranking of all turbine OEMs that excludes Chinese manufacturers and a China-only vendor market share analysis. This breakdown allows for a view into what are effectively two global wind power markets: China and the rest of the world. This Navigant Research report includes more than 100 tables and charts illustrating the development of the global wind energy market. The study examines changes that occurred in the wind energy sector during 2015 and provides forecasts for 2016-2020, as well as an outlook through 2025. Policy, incentives, and other drivers are detailed for all relevant country markets, including analyses of key drivers and barriers for each market that informs the report forecasts.
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