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 | Apr 2015

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

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
Annual Growth 10-15
Annual Growth 15-20
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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 has been volatile, due to uncertainties regarding the extension of the PTC. In the five years to 2020, the industry is expected to decline, as a result of continued uncertainty regarding the PTC extension... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Wind Turbine Manufacturing industry is in the decline stage of its life cycle. In the 10 years to 2020, industry value added, which measures an industry's contribution to the economy, is projected to fall at an annualized rate of 3.3%. In contrast, US GDP is anticipated to grow an average of 2.5% per year over the period. As a result, this industry's importance to the economy is rapidly falling, which is representative of a declining industry. In general, the wind power sector has grown over the past five years due to favorable state and federal government tax policies. However, federal tax credits expired on December 31, 2014, which will halt growth for the wind power sector and contribute to the industry's decline in the coming years... 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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