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Wind Power in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wind Power Market Research Report | NAICS 22111d | May 2014

High winds: A strengthening US economy and growing demand for electricity will benefit the industry

IBISWorld’s Wind Power market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
18.1%
Annual Growth 14-19
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Profit
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Employment
14,280
Businesses
96
Industry Analysis & Industry Trends

Industry operators have fared well in recent years, enjoying high and rising profit margins due to falling wind turbine costs. In 2014, revenue growth is anticipated to slow because the expiration of the PTC has made it more costly to expand wind power facilities. Over the five years to 2019, stronger economic activity and a focus on energy independence and reducing greenhouse gas emissions will contribute to growth in wind power production... purchase to read more

Industry Report - Industry Investment Chapter

Wind power generation is a capital-intensive process, and the efficiency with which capital is employed has a major influence on the cost of the project. In 2014, for every dollar spent on labor, industry operators are expected to spend $2.12 on capital investments. The industry requires minimal labor input following the installation of the wind turbine, and turbines have a long economic life. The most significant cost for industry operators is depreciation because firms must purchase wind turbines and construct wind farms. At the same time, the capital involved in producing wind power requires comparatively low operational labor; following installation, maintenance is the most important remaining labor cost... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wind Power Industry?

Companies in this industry operate wind farms, which consist of wind-operated turbines that are used to generate electricity.

Industry Products
Utility scale generationDistributed generation
 
Industry Activities
Wind power generation


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