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Wind Turbine Installation: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wind Turbine Installation Market Research Report | NAICS OD4491 | May 2016

Run like the wind: Tax credits will give way to robust growth for the industry

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
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Industry operators have been forced to frontload new developments due to volatile tax credits
  • Industry participation has grown, despite a temporary exodus in 2013 as demand evaporated
  • The industry is expected to decline on the whole over the next five years
  • ... purchase to read more

Industry Analysis & Industry Trends

Wind energy generation has grown strongly over the past five years, largely due to favorable government mandates and incentives for renewable energy. However, federal incentives have been inconsistent, leading to uneven growth in turbine installations between years. The flat overall growth rate during the period belies high volatility caused by the federal renewable energy production tax credit (PTC). The PTC has been the primary driver of new turbine installations because it has helped utilities offset the otherwise high costs of wind power and provide their services at prices comparable to fossil fuel-based energy. In late 2015, Congress again renewed the PTC, this time with a scheduled phase-out through 2019... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Wind Turbine Installation industry is in the decline stage of its life cycle. In the 10 years to 2021, industry value added, which measures an industry's contribution to the economy, is projected to fall at an annualized rate of 6.1%. In contrast, US GDP is anticipated to grow an average of 2.2% per year over the period. This indicates that the industry's importance to the economy is rapidly falling, which is representative of a declining industry. In general, the wind power sector has grown over the past five years due to favorable state and federal government tax policies. However, federal tax credits will expire over the next five years, leading to a precipitous drop in demand for new turbine installations. Fur.. ... purchase to read more

Additional Insights for the Wind Turbine Installation Industry

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

  • Economies of scale
  • Ability to pass on cost increases
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Regulation for the Wind Power industry and Price of electric power in the Wind Turbine Installation industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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

    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
  • Regulation for the Wind Power industry
  • Price of electric power
  • Aggregate private investment
  • Electric power consumption
  • Current Performance
  • Production tax credit
  • Industry landscape
  • Chart: Revenue Growth
  • Industry Outlook
  • Fading incentives
  • Industry structure
  • Offshore wind
  • Table: Wind Turbine Installation Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Wind Turbine Installation Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Manufacturing
  • Educational Services
  • Wind Power
  • Consumers
  • Key Selling Industries
  • Construction Machinery Manufacturing
  • Long-Distance Freight Trucking
  • Wind Turbine Manufacturing
  • Products & Services
  • Assembly, transport and installation
  • Electrical infrastructure
  • Project development
  • Maintenance and management
  • Other
  • Chart: Wind Turbine Installation Industry Products and Services Segmentation
  • Demand Determinants
  • Government policy
  • Power consumption
  • Major Markets
  • Independent Power Producers
  • Utilities
  • Other
  • Residential
  • Chart: Major Market Segmentation for the Wind Turbine Installation Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Wind Turbine Installation
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Wind Turbine Installation Industry
  • Industry Globalization
    Major Companies
    General Electric Company
    Siemens AG
    Vestas Wind Systems
  • Table: General Electric Company - financial performance
  • Table: Siemens AG - financial performance
  • Table: Vestas Wind Systems - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Wind Turbine Installation 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 Turbine Installation Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Electric power consumption (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
  • A unit of power equal to one million watts. Wind turbine power output depends on rotor diameter and wind speed. An average commercial wind turbine outputs about 2 MW of power.
  • Nacelle
  • A housing that holds the inner working of a wind turbine. Most nacelles are made of fiberglass and house the turbine's main drive shaft, gearbox and control systems.
  • Wind Farm
  • An area of land with a group of wind turbines used to produce electric power.

  • 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 Turbine Installation:
    • 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 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 Turbine Installation 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 Turbine Installation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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