Market research Future Wind Tower Market Leading Players, Share Report . | Page 2

Wind Tower Market Research Report- Forecast to 2023
1 Summary
As a proven source of clean and affordable energy, wind resources clearly have a vital role to play in
realizing these goals. With proper planning and mitigation measures, it is possible to construct offshore/
onshore wind without damaging the environment. The market for wind towers, which forms a major part
of a wind turbine system both cost wise and size wise, is directly related to the market for wind turbines.
The shift towards clean renewable energy is the main driver for the wind energy market, and therefore the
turbine tower market. The global wind tower market is expected to reach more than USD 26 Billion by
2023 with a CAGR of 7.45%.
Key Players:
The key players of global wind tower market are Suzlon Energy Limited (India), Enercon GmbH
(Germany), CS Wind Corporation (South Korea), General Electric (U.S.), Siemens AG (Germany), Trinity
Structural Towers, Inc. (U.S.) , Vestas Wind Systems A/S (Denmark), Valmont Industries, Inc. (U.S.),
Ambau (Germany), and Broadwind Energy (U.S.).
Extensive research in this market has brought to light that contract is a key strategy adopted, extensively,
by the players to spread their geographical presence and achieve operational efficiencies. Agreements &
Partnerships, are also major strategies adopted by the major players in the global Wind tower market. This
strategy is widely adopted to increase the number of offerings to the customer.
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