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New study: Global wind turbines market set to hit $81 billion in 2019

Global wind turbines market is set to experience a degree of turbulence over the next few years, rising steadily from $76.54 billion in 2015 to $81.14 billion in 2019, and dipping to $71.21 billion in 2020 according to report. The report offers in-depth analysis of wind turbine market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, South Africa) level. Report helps in Facilitate decision-making by analyzing historical and forecast data on wind turbine market.Develop strategies based on developments in the wind turbine market

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Wind Turbines Market Update 2016 report provides detailed information and understanding of the global Wind Turbines Market. Global wind turbines market is set to experience a degree of turbulence over the next few years, rising steadily from $76.54 billion in 2015 to $81.14 billion in 2019, and dipping to $71.21 billion in 2020 according to report.

The report offers in-depth analysis of wind turbine market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, South Africa) level.

Complete report on Wind Turbines Market, Update 2016: Global Market Size, Competitive Landscape and Key Country Analysis to 2020 spread across 171 pages, 70 Tables and 84 Figures is available at: www.reportsnreports.com/reports/830758-wind-turbines-market-update-2016-market-size-competitive-landscape-key-country-analysis-and-forecasts-to-2020.html

In terms of regional market share, China is set to continue its dominance of the sector throughout the forecast period, and will be responsible for 26% of the market in 2020, a long way ahead of second-place Germany, with 10%.

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To meet growing electricity demand, China has focused on increasing its installed capacity mainly from renewable energy sources and nuclear power plants.

 Market Scope of Report:

Analysis of the growth of wind turbine market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa. The report provides wind turbine market analysis for key countries including the US, Canada, Mexico, Brazil, China, India, Germany, the UK, France, Turkey, and South Africa.

The PTC for wind energy, which pays $23 per megawatt hour ($0.023 per kilowatt hour), will remain until 2016, followed by incremental reductions in value for the years up to January 2020. The projects which start construction in 2017 will get 80% of the credit, those that qualify in 2018 will get 60%, and those in 2019 will get 40%.

The PTC for wind facilities will be phased out completely if the construction starts after December 31, 2019. Thus, the wind power market is expected to see a huge rush of capacity additions during 2016–2019 to take the benefits of tax credit extensions before they expire.

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Reasons to Access:

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to facilitate decision-making by analyzing historical and forecast data on Wind Turbines market.

Develop strategies based on developments in the Wind Turbines market. Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the Wind Turbines market.

Respond to your competitors’ business structure, strategies and prospects.

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