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Wind Turbine Installation in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wind Turbine Installation Market Research Report | Technology | Renewable Energy | Nov 2014

A powerful gust: Tax credits will give way to robust growth for the industry

IBISWorld’s Wind Turbine Installation 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
Market Share of Companies
MasTec MasTec market share
Quanta Services Quanta Services market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
-16.4%
Annual Growth 14-19
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Profit
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Employment
17,029
Businesses
900
Industry Analysis & Industry Trends

Wind turbine installation is one part of the multi-year process of creating a wind farm. As such, this industry's revenue is dependent on how much wind power capacity is added in a given year, making revenue highly volatile from year to year. Over the past five years, industry revenue has increased significantly as companies have pushed to complete projects before the federal production tax credit's 2012 expiration. A lack of projects slated for the near term will cause revenue to slump, though long-term offshore projects are on the horizon.... purchase to read more

Industry Report - Industry Analysis Chapter

The Wind Turbine Installation industry is comprised of enterprises that transport, construct and install wind power collection systems, such as turbines, substations and interconnections services. The work performed includes wind turbine and farm design, planning, studies, installation, repair and maintenance. Although revenue is earned for maintenance and repairs conducted on existing wind farms, the industry earns the majority of its revenue from the installation of new wind turbines. Consequently, federal tax incentives and other forms of government assistance that affect developments in the Wind Power Industry (IBISWorld report 2211d) are the most import drivers for the Wind Turbine Installation industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wind Turbine Installation Industry?

Industry firms transport, construct and install wind power collection systems, such as turbines, substations and interconnections services. The work performed may include new work, reconstruction, rehabilitation, and ongoing maintenance and repairs.

Industry Products
Assembly, transport and installationElectrical infrastructureProject developmentMaintenance and management
 
Industry Activities
Turbine transport, assembly and installationElectrical infrastructure servicesWind farm project developmentTurbine maintenance and management


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