The wind turbine industry is undergoing a radical restructuring as a result of the impact of the 2008-2009 financial collapse. A year ago wind turbine markets were shaped by turbine shortages and component supply bottlenecks. In 2009, the story could not be more different -- project postponements, order cancellations, and company downsizings across the supply chain.
Yet the fundamentals of the industry remain strong. EER forecasts global wind turbine investment to grow from US $33 billion in 2009 to over US $56 billion in 2015. With annual wind turbine shipments expected to grow from nearly 30 GW in 2009 to 60 GW by 2020, wind turbine component markets are forecast to grow to nearly US$30 billion per annum combined by 2020, including blades, towers, generators, gearboxes, and towers.
EER has just released two new market studies providing extensive analysis on the global wind turbine industry and the supply chain that supports it.
See full Report, in pdf format.
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