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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 | May 2014

Favorable winds: The push for renewable energy will fuel demand for wind power

IBISWorld’s Wind Turbine Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 recession held wind turbine manufacturers back, the trend toward greener and renewable energy will boost industry demand. In the coming years, wind turbines will experience more favorable demand conditions as electricity prices continue to go up and interest in sustainable energy picks up. Nevertheless, manufacturers will still face several obstacles, including high transportation costs, which will weigh heavily on industry profitability... purchase to read more

Industry Report - Industry Analysis Chapter

The Wind Turbine Manufacturing industry manufactures wind turbine blades, towers, generators and all related components. The industry's performance is driven by investment tax credits and other government incentives that encourage wind turbine manufacturers to establish production facilities on US soil. Domestic labor costs are relatively high in the United States; however, the benefits from government assistance and the ability to dramatically reduce shipping costs have led to an increase in the number of foreign-owned firms with US operations. The credits have also driven the price of wind power down to make it competitive against traditional sources of energy like coal, helping to fuel demand for more turbines... 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 firms also provide maintenance and support services for installed wind turbines.

Industry Products
Small wind turbines Large wind turbines Mid-scale turbines
 
Industry Activities
Manufacture wind turbine nacellesManufacture wind turbine bladesManufacture wind turbine towersWind turbine repair and maintenanceManufacture wind turbine components


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