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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 | Apr 2015

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

IBISWorld’s Wind Turbine Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 10-15
11.9%
Annual Growth 15-20
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Profit
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Employment
23,724
Businesses
23
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 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 about 85.0% 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 near 50.0% 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 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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