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The Global Wind Turbine Generator Market is expected to grow by $ 7.22 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period

ReportLinker
·2-min read

Global Wind Turbine Generator Market 2020-2024 The analyst has been monitoring the wind turbine generator market and it is poised to grow by $ 7. 22 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period.

New York, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Wind Turbine Generator Market 2020-2024" - https://www.reportlinker.com/p04886890/?utm_source=GNW
Our reports on wind turbine generator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in wind energy consumption, the decline in LCOE of wind power generation, and supportive regulatory policies for wind energy projects. In addition, rise in wind energy consumption is anticipated to boost the growth of the market as well.
The wind turbine generator market analysis includes application segment and geographical landscapes

The wind turbine generator market is segmented as below:
By Application
• Onshore
• Offshore

By Geographical landscapes
• APAC
• Europe
• North America
• South America
• MEA

This study identifies the R&D in direct-drive generators for wind turbines as one of the prime reasons driving the wind turbine generator market growth during the next few years. Also, the rise in offshore installations and rise in patent filings will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our wind turbine generator market covers the following areas:
• Wind turbine generator market sizing
• Wind turbine generator market forecast
• Wind turbine generator market industry analysis


Read the full report: https://www.reportlinker.com/p04886890/?utm_source=GNW

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