IBISWorld’s Wind Power market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

Revenue for the Wind Power industry in China is estimated to reach $28.4 billion in 2017, up 11.2% from 2016. Over the past five years, ACMR-IBISWorld estimates revenue has grown an annualized 23.3%. Wind power generation firms have been consistently increasing installed capacity over the period, and an over-supply of wind turbines is supporting their further expansion.

The industry is heavily reliant on wind turbines and only few employees are needed to work on site. The total number of industry employees is about 31,296, with a payroll of $368.3 million in 2017. Despite rising wage levels in China, the proportion of wages to revenue is only 1.3%, down from 2.0% in 2012 due to substantial mechanization of the industry...

Industry Report - Industry SWOT Analysis Chapter

Value-added for the Wind Power industry in China is estimated at 15.2% annually in the 10 years through 2022, significantly higher than GDP growth (6.5% per year) over the same period. This is a sign that the industry is a rapid growth stage. In addition, offshore wind power has not yet been explored and is likely to spur considerable growth for the industry in the future.

Over the five years to 2017, the government has been committed to supporting the industry with subsidies and tax deductions to accomplish the goals of energy savings and environmental protection. This will also drive industry development. Lastly, significant technical improvements concerning wind turbines are taking place, which will lead to enlarged capacity.


Additional Insights for the Wind Power Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Wind Power Industry are

  • Ability to accommodate environmental requirements
  • Ability to negotiate successfully with regulators
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as RESOURCES and Infrastructure - Electricity Distribution Network in the Wind Power industry impact industry performance..

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    Industry Products

    What is the Wind Power Industry?

    The Wind Power industry in China generates power by natural wind from the ocean as well as the land. As a clean and renewable energy source, wind power is playing an increasingly significant role in power generation, ranking after thermal power, hydroelectric power and nuclear power.

    Industry Products
    Offshore wind power
    Onshore wind power
    Industry Activities
    Offshore wind power generation
    Onshore wind power generation

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Infrastructure - Electricity Distribution Network
  • Downstream Demand - Manufacturing
  • Policies/Legislation
  • Standard of Living
  • Economies of Scale - by Industry

  • Current Performance
  • Strong domestic demand
  • Installed capacity
  • Competition
  • Emerging drivers
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Wind Power Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wind Power Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Hunting, Forestry and Fishing
  • Manufacturing
  • Electricity Transmission and Distribution
  • Accommodation and Catering
  • Households

  • Key Selling Industries
  • Electrical Equipment and Machinery Manufacturing

  • Products & Services
  • Onshore wind power
  • Offshore wind power
  • Chart: Wind Power Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Secondary industries
  • Households
  • Tertiary industries
  • Primary industries
  • Chart: Major Market Segmentation for the Wind Power Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Wind Power

  • Basis of Competition
  • Business location
  • Technology
  • On-grid power price
  • Business scale
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wind Power Industry

  • Industry Globalization
    Major Companies
    China Guodian CorporationChina Datang CorporationChina Huaneng GroupShenhua Group Corp. Ltd.China Huadian Corporation
  • Table: China Guodian Corporation - financial performance
  • Table: China Datang Corporation - financial performance
  • Table: China Huaneng Group - financial performance
  • Table: Shenhua Group Corp. Ltd. - financial performance
  • Table: China Huadian Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Wind Power Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Wind Power Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Electricity Generated by Wind Power (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Installed Capacity
  • Total rating power of wind turbines, usually measured in megawatts (MW).
  • Megawatt (Mw)
  • A unit of power equal to one million watts.
  • On-Grid Price
  • Price of electricity integrated into the electric grid of electricity supplying companies.
  • Wind Turbine
  • Converts kinetic energy from the wind into mechanical energy (i.e. wind power).
  • Windjammer
  • A type of wind turbine.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Wind Power:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Wind Power market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Wind Power, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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