Wind Tower Market Globally Grow at a CAGR of 9.95% by Revenue During the Forecast Period 2017-2021
About Wind Towers
The wind is one of the cleanest sources of power generation. Wind turbines harness the power of the wind to generate electricity. The energy present in the wind turns the blades around a rotor, which is connected to the main shaft that spins a generator to create electricity. A wind tower is the support structure for a wind turbine and its other components. It helps the wind turbine blades to safely clear the ground and elevate the turbine to an optimum height to generate electrical energy from the wind. As speed increases with altitude, it is better to install tall wind towers to produce maximum output.
Technavios analysts forecast the global wind tower market to grow at a CAGR of 9.95% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global wind tower market for 2017-2021. To calculate the market size, the report considers the annual installed capacity of wind and the average price of wind tower.
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Segments based on geography:
Technavio’s report, Global Wind Tower Market 2017-2021, 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.
Shanghai Taisheng Wind Power Equipment
Trinity Structural Towers
Other prominent vendors
DCD Wind Towers
GE Renewable Energy
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