First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Wind Power Generation
SIC Codes: 4911
NAICS Codes: 221115
Last Quarterly Update: 6/6/2022
Companies in this industry operate power generation facilities that use turbines to convert wind into electricity. Major companies include US-based Berkshire Hathaway Energy, Invenergy, NextEra Energy, and Pattern Energy, as well as EDP Renováveis and IBERDROLA Renewables (both based in Spain), EDF (France), and EON Climate & Renewables (Germany).
The value of world's wind energy market is expected to reach $180 billion by 2027, according to Global Market Insights. Global wind turbine capacity totals about 650 gigawatts (GW). Major sources of new wind farm development include China, the US, Germany, the United Kingdom, India, Brazil, and France. Emerging markets, primarily in Asia, Africa, and Latin America, represent new development opportunities for global wind power generators.
The US wind power generation industry includes about 500 establishments (single-location companies and units of multi-location companies) that operate varying numbers of wind turbine farms and have combined annual revenue of about $8 billion.
Competitive Landscape
Demand for wind power generation is driven by public support for alternative, nonpolluting?renewable energy?production methods, along with government incentives that encourage the production and use of renewable energy. Profitability of individual companies depends on strategically locating wind farms in geographies with sufficient wind conditions and access to electric transmission facilities. Large companies often have other energy holdings (such as traditional electricity generation plants and energy distribution operations), enjoy economies of scale in equipment purchasing, and can serve a broader geographic area. Small companies can compete effectively by promoting themselves as greener than traditional energy companies, and through serving local communities. The industry is highly concentrated: the top 50 companies account for about 100% of revenue.
As a technology, wind competes with other forms of renewable energy, such as solar power, for investment dollars. Renewable energy sources are increasingly cost-competitive with other power generation technologies.
Products, Operations & Technology
Wind turbines are typically constructed of steel and come in two basic configurations: horizontal axis and vertical axis. A horizontal axis turbine, the ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

02/21/2022
11/15/2021
08/30/2021
05/31/2021
03/01/2021
11/23/2020
07/06/2020
03/16/2020
05/20/2019
02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
11/06/2017
08/07/2017
05/08/2017
02/06/2017
11/07/2016
08/08/2016
05/02/2016
02/01/2016
10/26/2015
07/27/2015
04/27/2015
01/26/2015
10/27/2014
08/04/2014
04/21/2014
01/27/2014
10/21/2013
07/29/2013
05/06/2013
02/11/2013
11/05/2012
08/13/2012
05/28/2012
03/05/2012
11/14/2011
08/15/2011
05/02/2011
01/24/2011
10/18/2010
07/26/2010