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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 | 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 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
$6bn
Annual Growth 07-12
15.1%
Annual Growth 12-17
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Profit
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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 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

 


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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