Energy & Green Renewable Technology Market News

Wind turbine market expected to reach $134,600 million by 2023 according to new research report

Energy Market Research

Wind Turbine Market was valued at $81,147 million in 2016 to reach $134,600 million by 2023, and is anticipated to grow at a CAGR of 7.2% from 2017 to 2023.

In the recent years, wind energy became one of the most economical and efficient renewable energy resource. The factors such as no greenhouse gas emission, power supply diversification, and short lead time for planning & construction of wind power projects boost the use of wind turbines.

Report at www.alliedmarketresearch.com/wind-turbine-market

The technological development for the growth of more reliable and efficient wind turbines makes wind power more cost-effective. Further, depleting natural resources and government initiatives to explore alternative sources of energy drive the global wind turbine market.

The cost of electricity generated using wind energy is expected to decline in near future owing to the technological development. This is expected to deliver substantial growth opportunity for the wind turbine market in near future.

Report at: www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

News From

Allied Market Research - Powering Enterprises through Business IntelligenceAllied Market Research
Category: Market Research Publishers and RetailersCompany about: Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market dom ...
This email address is being protected from spambots. You need JavaScript enabled to view it.