Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Technology Innovation, Declining Solution and Project Costs, and Growth in Demand for Renewable Power Purchase Agreements (PPAs) are Likely to Drive the Market in Future
* Required Fields
Pay by invoice
Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. The growing popularity of onshore wind as a suitable alternative to meet country-specific clean energy targets, along with strong regulatory support, is driving the growth of the global onshore wind turbine market. Repowering of aging onshore wind farms, especially in Europe and North America, is expected to further drive the market demand in the coming years. The growing interest of the corporate sector in procuring wind power to meet its renewable energy goals, as well as falling wind turbine prices, further drives installations. Rising energy demands in several regional markets also contribute to the market growth. The growing offshore wind market supported by technological advancements such as floating turbines and targeted policies in some regional markets such as India and the US may reduce the demand for onshore wind in the long term. Additionally, land constraints including lack of environmental and social acceptability for onshore wind farm sites further curtail the growth of the market. Innovations in turbine technology such as higher capacity onshore turbines, modular turbines, 3D printing, and additive manufacturing are bringing down the overall cost of onshore wind power. Leveraging technological advancements in data analytics and Internet of Things (IoT) is enabling the development of smart wind turbines with increased connectivity, operation optimization, and predictive capabilities. Another trend shaping the market is the continued decrease in the levelized cost of electricity of onshore wind in all regional markets, making wind power increasingly more competitive with conventional fuel sources. China holds the largest share in the global onshore wind turbine market. Europe, North America, and India are other leading regional markets. Ambitious clean energy targets are driving the rapid expansion of the onshore wind power market in India. Mature markets in the UK, Germany, and the US are expected to generate demand as a result of increasing repowering or updating activities for aging wind power farms in the regions. Emerging markets in the onshore wind space include Brazil, Mexico, Australia, and South Africa. The study assesses onshore wind turbine manufacturers active globally and discusses the market shares held by the companies in this market. The key participants in the global onshore wind turbine market include Vestas, General Electric, Siemens Gamesa, Enercon, Goldwind, and Nordex. Global companies with a strong presence in both mature and developing markets such as Vestas, Siemens Gamesa, and General Electric exhibit higher growth compared to companies restricted to regional markets.
The North American Battery Monitoring Market, Forecast to 2024
Frost Radar in the Oil and Gas Companies using Aerospace Innovations
Drones in the Global Power and Utilities Industry, Forecast to 2030
Innovations in Renewable Energy and Energy Storage
Innovations in Bioreactors, Gene Therapy, Vermifiltration, and Membranes for Desalination Processes
Innovations in Pipeline Leakage Detection, Real-time Tracking of Assets, Portable Water Quality Testing, and Oil & Gas Asset Management Software
Innovations in Renewable Energy, Energy Storage, and Biofuels Production
Upstream Oil & Gas Start-Up Tracker—Issue 15
Innovations in Diabetes Management, Renewable Energy, Conductive Inks, Machine Learning, and Stem Cells
Outlook for the Global Energy Storage Industry, 2020
solar energy market
diabetes care devices market
alternative energy market
fuel cell market
diabetes devices market
electric vehicle market analysis
plastic recycling market
glucose monitoring devices market
video analytics market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.