Jan 6 2011
The new report titled ,"Wind Generators - Global Market Size, Regional Analysis, Market Shares and Competitive Benchmarking to 2020", presented by GlobalData, offers an insight about the worldwide wind generator market and furnishes forecasts on the industry up to 2020.
The research provides details and estimates with statistics for the period from 2001 to 2020 and quotes the market size for the wind generators in terms of dollars as well as number of units. The report offers in-depth analysis on the constitution of the market in terms of related technology and the government policies that directs it. The report also includes details of information on important companies, their share in the market and a competitive evaluation of them.
According to the report, the wind energy due to its relatively lower cost of installation when compared to other renewable energy products is leading the race. The growth in wind energy industry is basically guided by countries such as China, US, Spain and Germany and they contribute roughly 66% of the global wind installations in 2009. The wind power production witnessed a growth of 38% in 2008-2009 in total installed capacity and a notable growth in the manufacture of wind generators was observed during the period. The worldwide wind generator manufacturing witnessed a Compound Annual Growth Rate (CAGR) of 29% from a mere 18,000 MW in 2006 to 35,398 MW in 2009. The worldwide wind generator manufacturing is anticipated to reach 67,403 MW by the year 2020 with an expected CAGR of 6% from 2009 to 2020.
The report anticipates a growth in direct-drive and grid-linked type of wind generators in future. It reports the problems in the use of power electronic converters and gear boxes that lessens the system efficiency of the generators. It reports the huge expense involved in replacing the faulty gear boxes. It indicates the advantages in utilizing bigger sized, direct drive and modular type of wind generators to increase the productivity of wind power. Though the report has mentioned the advantages offered by the direct-drive generators it also underlines the unique advantages of geared wind generators. At the end it mentions the uncertainty in predicting the type of wind generator that will lead the table.