World Wind Energy Market Update 2017

World Wind Energy Market Update 2017

World Wind Energy Market Update 2017

Report
Format: PDF-Excel
Published year: 2017
Publisher: Navigant Research
Language: English
Pages: 142

Summary

New global wind turbine installations in 2016 reached 54.3 GW, underlining how firmly wind power is entrenched as part of the broader energy system. Although this was a strong showing, it is down from the record level of wind installed in 2015 of 63.1 GW. The global downturn in 2016 was largely due to less capacity installed in China, which resulted in a significant shake-up in the rankings of the worlds top 10 wind turbine suppliers. Other major markets, including the United States, India, and Europe, showed consistent and stable deployments.This 22nd annual edition of the World Wind Energy Market Update analyzes the global wind power market and the activity of all large-scale wind turbine manufacturers. Areas of demand-side and supply-side insight include annual and cumulative installations, rankings of the top 10 country markets, yearly and 3-year average growth rates, and an overview of offshore wind power markets.Country-level analyses provide a description of key policy drivers, installations, market share figures for turbine vendor installation activity, and market assessments and forecasts.Navigant Researchs supply-side assessment covers changes in the top rankings and market share of turbine vendors and country-level geographic installations by vendor The total number of individual wind turbines installed globally is also provided.Since Chinese wind turbine OEMs almost exclusively install in China, a separate ranking of installation activity for non-Chinese wind turbine vendors provides a view of the Western wind turbine OEM market.This Navigant Research report includes more than 100 tables and charts illustrating the development of the global wind power market. The study examines changes that occurred in the wind power sector during 2016 and provides forecasts for 2017-2021, as well as an outlook through 2026. Policy, incentives, and other drivers are detailed for all relevant country markets, in addition to analyses of key drivers and barriers for each market that informs the report forecasts.
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