Aug 2, 2018   SOURCE: BusinessWire

Global Wind Turbine Tower Market 2018-2022: Analysis by Application and Product Type - Fast Depleting Fossil Fuel Reserves is Driving Growth - ResearchAndMarkets.com

The "Global Wind Turbine Tower Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global wind turbine tower market is expected to grow at a CAGR of 5.03% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increase in demand for clean power. The growing demand for wind energy across several countries is attributable to the need for them to emerge as a fossil-free energy producer. Harnessing renewable energy offers a reliable, affordable, and secure way of energy generation.

According to the report, one driver in the market is increase in rotor diameter. The increasing demand for alternative energy sources such as wind power is attributable to the fast depleting fossil fuel reserves around the world. Also, the polluting greenhouse effects of fossil fuels is driving the need for cleaner and sustainable sources of power generation.

Further, the report states that one challenge in the market is development of airborne wind turbines. The wind turbines are generally fixed on top of a tower, and the kinetic energy of the wind creates low air pressure in between the blades while the wind is flowing over it. To compensate for the pressure gap, the other blades of the wind turbine rotate, which rotates the rotor that is connected to a generator and this process generates electricity.

Key Vendors

  • CSWIND
  • Goldwind
  • Trinity Sructural Towers
  • Vestas
  • WINDAR Renovables

Key Topics Covered

01. Executive Summary

02. Scope of the Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation by Application

08. Market Segmentation by Product Type

09. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/q8jpzm/global_wind?w=4