SEARCH   
MEMBER LOGIN    

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 | Dec 2012

Gone with the wind: After years of rapid growth, revenue will slump with fewer projects in the near term

IBISWorld’s Wind Turbine Installation 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
Market Share of Companies
MasTec MasTec market share
Quanta Services Quanta Services market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 07-12
15.1%
Annual Growth 12-17
Purchase to read more
Profit
Purchase to read more
Employment
26,221
Businesses
1,370
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 SWOT Analysis Chapter

The Wind Turbine Installation industry is highly volatile. Annual revenue depends almost entirely on the amount of wind capacity added in any given year, though projects are planned years in advance, with turbine installation being just one part of the overall effort. Over the 10 years to 2017, industry value added, a measure of the industry's contribution to the overall economy, is expected to decline at an annualized rate of 10.3%. By contrast, US GDP is forecast to grow 1.8% per year on average over the same period. Although a declining industry value added is typically indicative of a declining industry, IBISWorld considers the industry to be in the growth phase of its life cycle and nearing maturity... 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


View Sample
Quote
Select Clients