China, US and Germany Remain at the Top for Existing and New Capacity
China is currently home to more than a third of the world’s wind power capacity. The country had exceptionally good capacity additions during 2009–2011 and also in 2014 and 2015. Being the largest manufacturing center for turbines and components and abundant in high wind speed sites, it was only natural for China to become a world leader in terms of installed capacity. This accelerated as the country started taking GHG mitigation into account and paying increasing attention to international and institutional pressure to cut emissions.
The above chart shows global cumulative installed capacity by country for the year 2015. The US and Germany have had large capacities since the early 2000s and both have excelled in terms of wind power technology and achieving better efficiencies. It was only in 2009 and 2010 that China overtook Germany and the US, respectively, in terms of installed capacity.
“Wind Power Market, Update 2016 – Global Market Size, Average Price, Turbine Market Share and Key Country Analysis to 2025“, the latest report from GlobalData, offers comprehensive information and analysis of the global wind market. The report provides a clear overview of and detailed insight into the global wind market. It provides data covering historic and forecast market size, average capital cost, installed capacity and generation for onshore and offshore wind globally, and in ten key wind power markets – China, India, Brazil, Canada, Turkey, UK, US, South Africa, Germany, and Japan. The report analyzes key market aspects which determine wind sector and provides information on average turbine size, GHG emission reductions, employment opportunities, homes powered, turbine market share, capacity share by capacity range and import – export in wind sector.
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Published: Aug -16
Report Format: electronic pdf