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 Key Buyers Chapter
The market share concentration for the Wind Turbine Installation industry is moderate. IBISWorld estimates that top four operators in the industry account for nearly 50.0% of industry revenue. While the industry does have some companies with a significant market share, many companies have entered the market in an effort to take advantage of the boom in renewable energy. Similarly, many general contractors have worked to become certified to install small-scale residential wind turbines. However, IBISWorld estimates that the industry's market share concentration will rise over the next five years... purchase to read more