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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

The Wind Power market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Key Buyers Chapter

The Wind Power industry has a medium level of concentration. The four largest industry participants hold a combined market share of 43.4%. This level of concentration reflects the industry's rapid growth and rising consolidation. Market share concentration has increased over the past five years as industry players expanded their footprints by constructing wind farms at accelerating rates, taking advantage of tax breaks and looking to meet state demands for alternative energy. Concentration should continue to rise over the next five years, as government incentives continue to be favorable for the industry. Operators will look to boost revenue by acquiring additional assets and building new wind farms to meet increasing demand... 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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