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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 Investment Chapter

The Wind Turbine Manufacturing industry requires a large amount of capital in the form of plant and equipment. The assembly process involves repetitive actions that can be automated to increase production speed and cost efficiency, but workers are needed to fine tune and perform quality control throughout the assembly line. In 2014, for every dollar spent on wages, industry firms are expected to spend $0.24 on capital investments. Although production line workers command modest wages, the industry is also dependent on a large number of highly skilled machinists, engineers and production managers. Over the past five years, capital intensity has declined, because industry operators scaled down investments due to volatile demand and the uncertain regulatory landscape... 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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