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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Key Buyers Chapter

The Wind Turbine Manufacturing industry has a high level of concentration, with business being dominated by a small number of major operators. IBISWorld estimates that the four largest operators account for over 70.0% of industry revenue. The industry concentration reflects the high level of capital and specialized knowledge required to participate in the industry. General Electric is the largest operator, comprising 39.1% of industry revenue alone. This trend is set to continue because of the difficulties that smaller operators face to enter the industry. There are number of smaller firms that participate in the manufacturing of individual components used to create a wind turbine, but very few that produce fully functioning 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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