Wind Energy Market China is Commanding More Than A Third Of The World Market

Date: 2016-09-17

Wind energy is energy from moving air, caused by temperature (and therefore pressure) differences in the atmosphere. Irradiance from the sun heats up the air, forcing the air to rise. Conversely, where temperatures fall, a low pressure zone develops. Winds (i.e. air flows) balance out the differences. Hence, wind energy is solar energy converted into kinetic energy of moving air.

The countries with the largest cumulative wind energy capacity are China, USA, Germany and India. Early adopters of wind energy like Denmark, Germany and Spain have moved into lower growth (less than 10% p.a.) since 2008. In Germany, the on-shore market is almost at saturation, and most of the future action will be in re-tooling end-of-life wind parks. Like the UK, Germany is building off-shore capacity, but most of that is not yet connected. In Europe, the UK, Turkey, Poland and Sweden have seen much higher growth, albeit from a much lower base than Germany or Spain.

Since 2011, China is outstripping all other markets by a significant margin, commanding more than a third of the world market. The top-5 countries, China, USA, India, Germany and the UK account for more than 75% of the global demand. It is still concentrated on a few countries, though many more countries now boast new installations.
Wind Energy New installed Main Country Region Market Analysis by 2011:
wind-energy
Global capacity added annually during 2009-2011 has only increased from 37GW (2009) to 41GW (2011). Much more interesting, however, is the geographic shift of growth away from the USA and Europe to Asia and South America.

On the whole, expect global capacity added annually during 2015-2019 has increased from 120GW (2015) to 326GW (2019) at a CAGR of 28.2%. Much more interesting, however, is the geographic shift of growth away from the USA and Europe to Asia and South America.

According to survey, the region of Wind energy market share as following:
wind-energy-market
Read Full Report: http://www.gosreports.com/global-wind-energy-technology-and-equipment-industry-2016-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 1-510-400-8520
Web: www.gosreports.com

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