Dallas - May 20, 2009 - Today, organizations are increasingly challenged
with balancing their short term and long term needs. In recent times due to the
economic downturn, many companies are focusing more time on meeting their short
term needs - trying to survive the downturn by cutting cost, reducing staff, and
increasing productivity. In this challenging situation, it is important for companies
to maintain long term focus as well so that when upturn arrives, they can profit
from it. In the current market environment, the wind energy market fulfills the
long term needs for many companies because of double digits growth rates for next
10 years and perception as a green technology while avoiding dependence upon foreign
oil. According to Lucintel estimates, the wind turbine market will reach $91 billion
per year in 2014.
There is a big push from governments around the world to make wind a significant
source of electrical energy. For example, U.S. president Barack Obama's plan is
to have 10% of US electricity coming from renewable energy sources by 2012 and 25%
by 2025. Similarly, the Chinese government is aiming at raising the country's wind
power capacity to 100 GW by 2020, providing annual growth rates of 20% for the wind
market during this period.
Lucintel has launched following three market reports recently to position your company
well from the long term growth opportunities in the wind energy market.
According to market report titled "Growth Opportunities in Wind Energy
Market 2009-2014", the market for composite materials was $1.8
billion in 2008 and is forecast to reach $3.8 billion annually in 2014. Increase
in turbine size and longer blades are driving penetration of high performance materials
in wind market. Lucintel offers growth strategy consulting that can help your company
position into this globally competitive market space.
In addition, Lucintel is conducting a webinar entitled "Emerging Technology
Trends in the Wind Energy Market" on May 28, 2009 (9:00 am - 11:30
am Eastern Time). This webinar will discuss innovations and technological advancements
related to the wind energy market, with the main focus on wind blade technology.
To learn more about this webinar visit www.lucintel.com/webinar-wind.pdf.
Key questions covered will be length of next generation blades, implications these
will have for new materials and strategies for lowering cost and improving blade
reliability and performance.
For detailed table of contents on above reports, please contact us 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, visit
http://www.lucintel.com/mr_wind_energy_report.aspx