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Wind Turbine Manufacturing in the US: Market Research Report

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

Wind Turbine Manufacturing Market Research Report | NAICS 33361b | Sep 2014

Dead calm: the slowdown in government assistance will weaken demand for new wind turbines

The Wind Turbine Manufacturing 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
$10bn
Annual Growth 09-14
-4.8%
Annual Growth 14-19
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Profit
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Employment
25,291
Businesses
18
Industry Analysis & Industry Trends

While the American Recovery and Reinvestment Act established incentives for renewable energy development and state governments also implemented favorable clean-energy policies, industry revenue fell during the five years to 2014, due to uncertainties regarding the extension of the PTC. However, downstream operators raced to start projects before the PTC expired in 2013, and strong demand is forecast to carry over to 2014. In the five years to 2019, the industry is expected to further decline, as a result of continued uncertainty regarding the PTC extension. As demand falls, industry operators are anticipated to consolidate manufacturing operations and shift to providing maintenance and support services. Additionally, operators are expected to rely more heavily on international markets... purchase to read more

Industry Report - Starting a New Business Chapter

Prospective entrants to the Wind Turbine Manufacturing industry must have significant capital and expertise to enter the industry. The establishment of manufacturing facilities is a large capital expense, which may deter prospective entrants from the industry. The production of wind turbines also requires an extensive amount of capital, engineering expertise and a thorough knowledge of turbines that have been used by wind power producers. Products may need tailoring to suit a client's need or the installation region's wind patterns. In this regard, a lack of qualified personnel can pose a barrier to entry. In addition, the industry is dominated by a small number of major operators that have worldwide reputations and established relationships with downstream markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wind Turbine Manufacturing Industry?

The Wind Turbine Manufacturing industry manufactures wind turbine blades, towers, generators and related parts. Industry operators also provide maintenance and support services for installed wind turbines.

Industry Products
Rated capacity 2.41-3.0 MWRated capacity 2.0-2.40 MWRated capacity 1.7-1.99 MWRated capacity 1.0-1.6 MWRated capacity 0.1-1.0 MWRated capacity less than 100 KW
 
Industry Activities
Manufacture wind turbine nacellesManufacture wind turbine bladesManufacture wind turbine towersWind turbine repair and maintenanceManufacture wind turbine components


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