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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 Products Chapter

Assembly, transport and installation

Assembly, transport and installation are estimated to account for the largest share of industry revenue, at 40.5%. Transporting wind turbines has continually become more difficult and more costly as turbines increase in size. A single turbine can require up to 8 loads: one nacelle (essentially the engine), one hub, three blades and three tower sections. Typical turbine towers for a 1.5 megawatt system are built in three pieces that run from 60 to 70 feet with a 15 foot diameter and weighs between 100,000 and 150,000 pounds each. Including the other components, an entire turbine system can weigh more than 500,000 pounds... 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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