Dallas, TX –
February 2, 2011:
The market for
wind
energy has
registered remarkable growth in last few years and is
expected to grow significantly in the wake of growing
interest in developing and harnessing alternatives to
traditional fossil fuels; however, investment in wind
energy calls for a proper analysis as wind energy costs
are approximately twice that of conventional sources of
energy.
Lucintel, a leading
global
management consulting
and
market research
firm, has analyzed the
wind energy market and published a comprehensive
research report,
"Regional
Benchmarking of Wind Energy Market for China, US,
Germany and India".
Four nations, Germany,
US,
China
and
India
have been taken into consideration in order to analyze
the overall wind energy market. This report identifies
factors contributing to the competitive advantages of
wind energy sector and measures the attractiveness of
those factors for each of the four nations. It provides
intelligence to support the strategic decision making
for the short as well as long term.
As per the study, the
top 5 countries in the worldwide wind energy market are
China, US, Germany, Spain and India with market shares
of approximately 21%, 20%, 14%, 11% and 7% respectively,
representing approximately 73% of the total cumulative
wind energy market at the end of 2010. In the year 2010,
China surpassed the US in terms of cumulative wind
energy capacity installed. The US and China are expected
to grow considerably in the next five years and beyond.
Lucintel’s research
report provides insights regarding entry and expansion
plans to wind farm investors, wind turbine OEMs and
component manufacturers. The report details the
industry’s life cycle, market trend and forecast,
drivers and challenges. Lucintel’s findings are
detailed through cluster analysis, international
competitive benchmarking and discussions of growth
scenarios for the nations covered. This report will
greatly support OEM’s, component suppliers and investors
in the decision making process as it pertains to wind
energy.
For a detailed table of
contents and pricing information on this timely and
insightful report, please contact Lucintel at
972-636-5056 or via email at
helpdesk@lucintel.com.
Lucintel provides cutting edge decision support
services that help you make critical decisions with
greater speed, insight, and cost efficiency. To find out
more, please visit
https://www.lucintel.com.
Contact:
Roy Almaguer, +1-972-636-5056 or via email at
helpdesk@lucintel.com