What is Low Capacity Onshore Wind Energy?
Low Capacity Onshore wind Energy use long, rotating blades to drive a generator located at the top of the tower behind the blades to capture wind energy and generate electricity. Onshore wind energy is one of the country's fastest growing utility-scale renewable energy technologies. The best wind resources are found in areas with strong, sustained wind speeds of wind power class 3 or higher and 50 to 80 metres above ground. Please visit the Department of Energy's Office of Energy Efficiency and Renewable Energy website for more information on wind energy technologies. Wind turbines are land-based generators that use the energy of moving air to generate electricity. Onshore wind farms produce renewable energy while emitting no greenhouse gases (GHG). To improve performance and generate a significant amount of wind energy, focus on rotor blade innovation and the development of larger and taller towers, as well as high-efficiency generators and the use of next-generation innovative wind power generation components.
|Unit||Value (USD Million)|
|Key Companies Profiled||Siemens AG (Germany), Envision energy (China), General Electric Wind Energy (United States), Suzlon (India), Vestas Wind System A/S (Denmark), Enercon GmbH (Germany), Mitsubishi Power Systems (Japan), Nordex S.E. (Germany), Repower (Switzerland) and Gazelle Wind Turbines (United Kingdom)|
The study covers a detailed analysis segmented by key business segments i.e. by type (Standalone and Hybrid) and major geographies. Research Analyst at AMA predicts that German Manufacturers will contribute to the maximum growth of Global Low Capacity Onshore Wind Energy market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Low Capacity Onshore Wind Energy market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Siemens AG (Germany), Envision energy (China), General Electric Wind Energy (United States), Suzlon (India), Vestas Wind System A/S (Denmark), Enercon GmbH (Germany), Mitsubishi Power Systems (Japan), Nordex S.E. (Germany), Repower (Switzerland) and Gazelle Wind Turbines (United Kingdom).
On 15th June 2022, GE announced the acquisition of a 49 percent stake in Continuum Green Energy's 148.5 megawatt (MW) Morjar onshore wind project in Gujarat. The transaction represents GE's first onshore wind equity investment in the state via a structured preferred equity solution. The acquisition was carried out by GE Energy Financial Services. GE EFS has made several investments in India, enabling over one gigawatt (GW) of renewable energy projects in states such as Madhya Pradesh, Rajasthan, Karnataka, Uttar Pradesh, Maharashtra, Andhra Pradesh, and Gujarat.
The regulation exempted certain industries from the Contribution au Service Public de Electricity surcharge, which was found to be in violation of EU state aid regulations. After making several retroactive changes, Spain suspended the existing support schemes for promoting new renewable energy installations. The system of price regulation was eventually phased out.
The market is fragmented, with a large number of vendors worldwide. To meet changing consumer demand, key vendors are focusing on the innovation of solutions with new features and characteristics. Furthermore, players are looking to expand their geographical presence and strengthen their onshore wind energy capabilities through mergers, acquisitions, and partnerships.
Low Capacity Onshore Wind Energy Market Dynamics:
- Installation Costs of Low Capacity Onshore Wind Farms are Comparatively Low than Offshore That May Boost the Market
- Significant Inclination towards the Renewable Sources to Produce Electricity and Expansion of Wind Energy Sector Due to Sharply Falling Costs
- Focus On Rotor Blade Innovation and the Development of Larger and Taller Towers, As Well As High-Efficiency Generators
- Utilization of Next-Generation Innovative Wind Power Generation Components to Improve Performance and Generate a Significant Amount of Wind Energy
- Heavy Investment for the Manufacturing and Installation of Wind Turbines
- Location Limitations and Unpredictable Wind Blows are the Major Obstacles for Low Capacity Onshore Wind Energy
|Road Blocks / Challenges|
- Threats to Wildlife, As Flying Creatures Have Few Chances of Survival after Being Hit by Rotating Turbine Blades
|Gaps & Opportunities|
- Wind Energy Generation from Low-Capacity Onshore Generation Is Growing Rapidly In Countries Such As the United States and China
Key highlights of the Global Low Capacity Onshore Wind Energy market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Low Capacity Onshore Wind Energy market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Low Capacity Onshore Wind Energy market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Low Capacity Onshore Wind Energy Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Low Capacity Onshore Wind Energy market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Low Capacity Onshore Wind Energy market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Low Capacity Onshore Wind Energy Manufacturers, Raw Material Providers, Suppliers & Distributors of Low Capacity Onshore Wind Energy, Venture Capitalists and Private Equity Firms, Regulatory Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.