FOR IMMEDIATE RELEASE
India Wind Turbine Market Outlook – Huge Untapped Wind Potential and Energy Shortage Fueling
Growth
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Wind turbine market in india 2014 - Press release

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For the complete report, get in touch with us at : info@netscribes.com

Abstract:
Netscribes’ latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With the country facing continuous shortfall in the supply of energy to meet the expanding demands through conventional sources, the focus is shifting from conventional sources of energy to renewable energy. As more and more wind projects are planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as the high prices and lack of easy availability of raw materials for generating electricity through thermal plants is also driving growth in the market. However, the government’s decision to withdraw various schemes which provided several incentives to wind energy producers is having a negative impact on the market’s growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic and wind and wind and diesel, as well as advent of small wind turbines are some of the trends that can be seen in the industry at present.
Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market is import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily in the next few years.
Coverage
• Overview of the wind turbine market in India and historical and forecasted market size data over 2007 to 2018
• Segmentation of the wind turbine market and cost components of various types of generators
• Export-import overview of wind turbines, value of export-import over 2009-10 to 2012-13 and country-wise value of export-import for 2011-12 and 2012-13
• Qualitative analysis of market drivers, challenges, trends and regulatory measures taken by the government
• Overview of the various industry bodies and their responsibilities
• Analysis of the competitive landscape and detailed profiles of major players

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Wind turbine market in india 2014 - Press release

  1. 1. FOR IMMEDIATE RELEASE India Wind Turbine Market Outlook – Huge Untapped Wind Potential and Energy Shortage Fueling Growth Netscribes, Inc. launches a report on Wind Turbine Market in India 2014 covering a market with strong growth potential. It is a part of Netscribes’ Energy and Utilities Industry Series. Mumbai, India – March 10, 2014 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Wind Turbine Market in India 2014’. The huge untapped wind power potential of India and its energy deficiency is helping in the growth of the wind turbine market in the country. The market is forecasted to exhibit steady growth over the next five years. Netscribes’ latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy. As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government’s decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market’s growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present. Several government and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. Majority of the players operating in the market are foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years. For more details on the content of each report and ordering information please contact: Phone:+91 22 4098 7600 E-Mail: info@netscribes.com Follow Us About Netscribes Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business &
  2. 2. corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base. For more information please write to info@netscribes.com

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