Wind Turbine Tower Market
Wind Turbine Tower Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0503
Segments Covered
By
Type Tubular, Lattice, Others
-
By
Installation Onshore, Offshore
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
26.85 Billion |
 Revenue 2028:
|
51.20 Billion |
 Revenue CAGR
(2021 - 2028): |
9.72 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the
market based on various segments such as Type, Installation,
and Region. All the segments are studied considering historical and future
trends across geographies. All the segments are analyzed based on trends,
market size, and forecast, and the data is provided for the years 2016–2028.
Several growth factors and opportunities impacting various segments have been
incorporated in the report. On the basis of Type,
the market is divided into Tubular, Lattice, Others. Lattice held the largest
share in 2020 and is projected to grow at a noteworthy CAGR within the forecast
period.
Based on Installation,
the market is divided into Onshore, Offshore. Offshore attributed to
the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Wind Turbine Tower Market: Type Segment Analysis
-
- Tubular
- Lattice
- Others
Global Wind Turbine Tower Market: Installation Segment Analysis
-
- Onshore
- Offshore
FAQ
Frequently Asked Question
What is the global demand for Wind Turbine Tower in terms of revenue?
-
The global Wind Turbine Tower valued at 26.85 Billion in 2020 and is expected to reach 51.20 Billion in 2028 growing at a CAGR of 9.72%.
Which are the prominent players in the market?
-
The prominent players in the market are Senvion, Valmont Industries Inc., CS Wind Corporation, Broadwind Energy Inc., Marmen, KGW Schweriner, Maschinen-und Anlangenbau GmbH, Gamesa, Enercon GmbH, GE, Trinity Structural Towers Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.72% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Wind Turbine Tower include
- The increasing demand for clean and reliable energy to reduce the global carbon emissions, and to maintain ecological balance by generating electricity through renewable resources.
- The surge in construction activities is anticipated to augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Wind Turbine Tower in 2020.
