Steel Wind Tower Market: By Height Range (Up to 40 Meters, 40 Meters – 80 Meters, 80 Meters – 140 Meters and Above 140 Meters), By Application (Offshore Wind Power and Onshore Wind Power), and region - Global Forecast Till 2032

1 Executive Summary

2 Market Introduction

2.1 Definition 18

2.2 Scope Of The Study 18

2.3 Market Structure 18

2.4 List Of Assumptions 19

3 Research Methodology

3.1 Research Process 21

3.2 Primary Research 21

3.3 Secondary Research 22

3.4 Market Size Estimation 23

3.5 Forecast Model 23

4 Market Dynamics

4.1 Introduction 25

4.2 Drivers 25

4.2.1 Rising Investment In Wind Energy 25

4.2.2 Increase In Power Consumption 26

4.2.3 Growing Adoption Of Small Wind Power System 26

4.2.4 Drivers Impact Analysis 27

4.3 Restraints 27

4.3.1 Fluctuating Prices Of Steel 27

4.3.2 Availability Of Other Alternatives 28

4.3.3 Restraints Impact Analysis 28

4.4 Opportunity 28

4.4.1 Government Support For Wind Energy Projects 28

5 Market Factor Analysis

5.1 Porter’s Five Forces Model 31

5.1.1 Threat Of New Entrants 31

5.1.2 Bargaining Power Of Suppliers 32

5.1.3 Bargaining Power Of Buyers 32

5.1.4 Threat Of Substitutes 32

5.1.5 Rivalry 32

5.2 Supply Chain Analysis 32

5.2.1 Raw Material Supply 33

5.2.2 Product Manufacturing 33

5.2.3 Installation 33

5.2.4 Operation And Maintenance 33

6 Global Steel Wind Tower Market, By Product

6.1 Overview 35

7 Global Steel Wind Tower Market, By Application

7.1 Overview 38

7.1.1 Offshore Wind Power 38

7.1.2 Onshore Wind Power 38

8 Global Steel Wind Tower Market, By Region

8.1 Overview 41

8.2 North America 42

8.2.1 US 43

8.2.2 Canada 44

8.3 Europe 45

8.3.1 Germany 47

8.3.2 UK 48

8.3.3 Denmark 49

8.3.4 Spain 50

8.3.5 France 51

8.3.6 Rest Of Europe 52

8.4 Asia Pacific 53

8.4.1 China 55

8.4.2 India 56

8.4.3 Australia 57

8.4.4 Rest Of Asia Pacific 58

8.5 Rest Of The World (RoW) 59

8.5.1 Middle East & Africa 60

8.5.2 Latin America 61

9 Competitive Landscape

9.1 Competitive Scenario 64

9.2 Market Share Analysis 65

9.2.1 North America: Market Share Analysis 65

9.2.2 Europe: Market Share Analysis 66

9.2.3 Asia Pacific: Market Share Analysis 66

9.3 Product Benchmarking 67

9.4 Production Capacity By Region 68

10 Company Profiles

10.1 Siemens Gamesa Renewable Energy, S.A. 70

10.1.1 Company Overview 70

10.1.2 Financial Overview 70

10.1.3 Products Offerings 71

10.1.4 Key Developments 72

10.1.5 SWOT Analysis 72

10.1.6 Key Strategy 72

10.2 Suzlon Energy Limited 73

10.2.1 Company Overview 73

10.2.2 Financial Overview 73

10.2.3 Product Offerings 74

10.2.4 Key Developments 75

10.2.5 SWOT Analysis 75

10.2.6 Key Strategy 75

10.3 ENERCON GmbH 76

10.3.1 Company Overview 76

10.3.2 Financial Overview 76

10.3.3 Product Offerings 76

10.3.4 Key Development 77

10.3.5 SWOT Analysis 77

10.3.6 Key Strategy 77

10.4 Senvion S.A. 78

10.4.1 Company Overview 78

10.4.2 Financial Overview 78

10.4.3 Product Offerings 79

10.4.4 Key Developments 80

10.4.5 SWOT Analysis 80

10.4.6 Key Strategy 80

10.5 Valmont Industries, Inc. 81

10.5.1 Company Overview 81

10.5.2 Financial Overview 81

10.5.3 Product Offerings 82

10.5.4 Key Developments 83

10.5.5 SWOT Analysis 83

10.5.6 Key Strategy 83

10.6 Trinity Structural Towers, Inc. 84

10.6.1 Company Overview 84

10.6.2 Financial Overview 84

10.6.3 Product Offerings 85

10.6.4 Key Developments 85

10.6.5 SWOT Analysis 85

10.6.6 Key Strategy 86

10.7 Broadwind Energy, Inc. 87

10.7.1 Company Overview 87

10.7.2 Financial Overview 87

10.7.3 Products Offered 88

10.7.4 Key Developments 88

10.7.5 SWOT Analysis 88

10.7.6 Key Strategy 89

10.8 Ib Andresen Industri 90

10.8.1 Company Overview 90

10.8.2 Financial Overview 90

10.8.3 Product Offered 91

10.8.4 Key Developments 91

10.8.5 SWOT Analysis 91

10.8.6 Key Strategy 92

10.9 Vestas Wind Systems A/S 93

10.9.1 Company Overview 93

10.9.2 Financial Overview 93

10.9.3 Products Offered 94

10.9.4 Key Developments (2020-2027) 94

10.9.5 SWOT Analysis 95

10.9.6 Key Strategy 95

10.10 CSWIND CORPORATION 96

10.10.1 Company Overview 96

10.10.2 Financial Overview 96

10.10.3 Products Offered 96

10.10.4 Key Developments (2020-2027) 96

10.10.5 SWOT Analysis 97

10.10.6 Key Strategy 97

10.11 Goldwind 98

10.11.1 Company Overview 98

10.11.2 Financial Overview 98

10.11.3 Products Offered 99

10.11.4 Key Developments (2020-2027) 99

10.11.5 SWOT Analysis 99

10.11.6 Key Strategy 99

10.12 Windar Renovables 100

10.12.1 Company Overview 100

10.12.2 Financial Overview 100

10.12.3 Products Offered 100

10.12.4 Key Developments (2020-2027) 100

10.12.5 SWOT Analysis 101

10.12.6 Key Strategy 101

10.13 Aeolos Wind Energy Ltd 102

10.13.1 Company Overview 102

10.13.2 Financial Overview 102

10.13.3 Products Offered 102

10.13.4 Key Developments (2020-2027) 102

10.13.5 SWOT Analysis 103

10.13.6 Key Strategy 103

10.14 Qingdao Wuxiao Group Co., Ltd. 104

10.14.1 Company Overview 104

10.14.2 Financial Overview 104

10.14.3 Products Offered 104

10.14.4 Key Developments (2020-2027) 104

10.14.5 SWOT Analysis 105

10.14.6 Key Strategy 105

10.15 Zhejiang Guoxing Wind Power Technology Co., Ltd. 106

10.15.1 Company Overview 106

10.15.2 Financial Overview 106

10.15.3 Products Offered 106

10.15.4 Key Developments (2020-2027) 106

10.15.5 SWOT Analysis 107

10.15.6 Key Strategy 107

10.16 Morrison Berkshire, Inc. 108

10.16.1 Company Overview 108

10.16.2 Financial Overview 108

10.16.3 Products Offered 108

10.16.4 Key Developments (2020-2027) 108

10.16.5 SWOT Analysis 109

10.16.6 Key Strategy 109

11 List Of Tables

TABLE 1 MARKET SYNOPSIS 16

TABLE 2 LIST OF ASSUMPTIONS 19

TABLE 3 GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 36

TABLE 4 GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 39

TABLE 5 GLOBAL STEEL WIND TOWER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 41

TABLE 6 NORTH AMERICA WIND INSTALLATION CAPACITY, 2020 (MW) 42

TABLE 7 NORTH AMERICA: GLOBAL STEEL WIND TOWER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 42

TABLE 8 NORTH AMERICA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 42

TABLE 9 NORTH AMERICA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 43

TABLE 10 US: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 43

TABLE 11 US: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 43

TABLE 12 CANADA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 44

TABLE 13 CANADA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 44

TABLE 14 EUROPE WIND INSTALLATION CAPACITY, 2020 (MW) 45

TABLE 15 EUROPE: CUMULATIVE OFFSHORE WIND CAPACITY, 2020 (MW) 45

TABLE 16 EUROPE: GLOBAL STEEL WIND TOWER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 46

TABLE 17 EUROPE: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 47

TABLE 18 EUROPE: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 19 GERMANY: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 48

TABLE 20 GERMANY: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 21 UK: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 49

TABLE 22 UK: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 49

TABLE 23 DENMARK: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 50

TABLE 24 DENMARK: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 50

TABLE 25 SPAIN: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 50

TABLE 26 SPAIN: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 51

TABLE 27 FRANCE: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 51

TABLE 28 FRANCE: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 52

TABLE 29 REST OF EUROPE: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 52

TABLE 30 REST OF EUROPE: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 52

TABLE 31 ASIA-PACIFIC WIND INSTALLATION CAPACITY, 2020 (MW) 53

TABLE 32 ASIA PACIFIC: GLOBAL STEEL WIND TOWER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 54

TABLE 33 ASIA PACIFIC: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 54

TABLE 34 ASIA PACIFIC: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

TABLE 35 CHINA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 55

TABLE 36 CHINA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 37 INDIA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 56

TABLE 38 INDIA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 56

TABLE 39 AUSTRALIA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 57

TABLE 40 AUSTRALIA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 41 CUMULATIVE OFFSHORE WIND CAPACITY, 2020 (MW) 58

TABLE 42 REST OF ASIA PACIFIC: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 58

TABLE 43 REST OF ASIA PACIFIC: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 58

TABLE 44 REST OF THE WORLD (ROW): GLOBAL STEEL WIND TOWER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 59

TABLE 45 REST OF THE WORLD (ROW): GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 59

TABLE 46 REST OF THE WORLD (ROW): GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 60

TABLE 47 MIDDLE EAST & AFRICA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 60

TABLE 48 MIDDLE EAST & AFRICA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 49 LATIN AMERICA WIND INSTALLATION CAPACITY, 2020 (MW) 61

TABLE 50 LATIN AMERICA: GLOBAL STEEL WIND TOWER MARKET, BY HEIGHT RANGE, 2020-2027 (USD MILLION) 62

TABLE 51 LATIN AMERICA: GLOBAL STEEL WIND TOWER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 52 GLOBAL STEEL WIND TOWER PRODUCTION CAPACITY, BY REGION, 2020-2027 (MILLION TONNES) 68

12 List Of Figures

FIGURE 1 GLOBAL STEEL WIND TOWER MARKET: MARKET STRUCTURE 18

FIGURE 2 RESEARCH PROCESS OF MRFR 21

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 23

FIGURE 4 DRIVERS, RESTRAINTS, AND OPPORTUNITY OF GLOBAL STEEL WIND TOWER MARKET 25

FIGURE 5 WIND POWER ANNUAL CAPACITY ADDITION, 2020-2027 (GW) 26

FIGURE 6 DRIVERS IMPACT ANALYSIS 27

FIGURE 7 GLOBAL HISTORIC AND FORECAST STEEL PRICES, 2020-2027 (USD/TONNE) 27

FIGURE 8 RESTRAINTS IMPACT ANALYSIS 28

FIGURE 9 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL STEEL WIND TOWER MARKET 31

FIGURE 10 SUPPLY CHAIN ANALYSIS: STEEL WIND TOWER MARKET 33

FIGURE 11 GLOBAL STEEL WIND TOWER MARKET SHARE, BY HEIGHT RANGE, 2020 (%) 35

FIGURE 12 EUROPE: NUMBER OF TURBINES INSTALLED, OFFSHORE, 2020 38

FIGURE 13 EUROPE: NUMBER OF TURBINES INSTALLED, ONSHORE, 2020 39

FIGURE 14 GLOBAL STEEL WIND TOWER MARKET SHARE, BY APPLICATION, 2020 (%) 39

FIGURE 15 GLOBAL STEEL WIND TOWER MARKET SHARE, BY REGION, 2020 (IN %) 41

FIGURE 16 EUROPE: STEEL WIND TOWER MARKET SHARE, BY COUNTRY, 2020 (IN %) 46

FIGURE 17 ASIA PACIFIC: STEEL WIND TOWER MARKET SHARE, BY COUNTRY, 2020 (IN %) 53

FIGURE 18 REST OF THE WORLD (ROW): STEEL WIND TOWER MARKET SHARE, BY REGION, 2020 (IN %) 59

FIGURE 19 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL STEEL WIND TOWER MARKET, 2020-2027 64

FIGURE 20 GLOBAL STEEL WIND TOWER MARKET SHARE ANALYSIS, 2020 (%) 65

FIGURE 21 NORTH AMERICA STEEL WIND TOWER MARKET SHARE ANALYSIS, 2020 (%) 65

FIGURE 22 EUROPE STEEL WIND TOWER MARKET SHARE ANALYSIS, 2020 (%) 66

FIGURE 23 ASIA PACIFIC STEEL WIND TOWER MARKET SHARE ANALYSIS, 2020 (%) 66

FIGURE 24 BENCHMARKING OF MAJOR COMPETITIORS 67

FIGURE 25 SIEMENS GAMESA RENEWABLE ENERGY, S.A.: TOTAL REVENUE, 2020-2027 (USD MILLION) 70

FIGURE 26 SIEMENS GAMESA RENEWABLE ENERGY, S.A.: SEGMENTAL REVENUE, 2020 (%) 71

FIGURE 27 SIEMENS GAMESA RENEWABLE ENERGY, S.A.: REGIONAL REVENUE, 2020 (%) 71

FIGURE 28 SUZLON ENERGY LIMITED: SALES REVENUE, 2020-2027 (USD MILLION) 73

FIGURE 29 SUZLON ENERGY LIMITED: SEGMENTAL REVENUE, 2020 (%) 74

FIGURE 30 SUZLON ENERGY LIMITED: REGIONAL REVENUE, 2020 (%) 74

FIGURE 31 SENVION SA: SALES REVENUE, 2020-2027 (USD MILLION) 78

FIGURE 32 SENVION SA: SEGMENTAL REVENUE, 2020 (%) 79

FIGURE 33 SENVION SA: REGIONAL REVENUE, 2020 (%) 79

FIGURE 34 VALMONT INDUSTRIES, INC.: SALES REVENUE, 2020-2027 (USD MILLION) 81

FIGURE 35 VALMONT INDUSTRIES, INC.: SEGMENTAL REVENUE, 2020 (%) 82

FIGURE 36 TRINITY INDUSTRIES, INC. (PARENT ORGANIZATION): SALES REVENUE, 2020-2027 (USD MILLION) 84

FIGURE 37 TRINITY INDUSTRIES, INC. (PARENT ORGANIZATION): SEGMENTAL REVENUE, 2020 (%) 85

FIGURE 38 BROADWIND ENERGY, INC.: GLOBAL SALES REVENUE, 2020-2027 (USD MILLION) 87

FIGURE 39 BROADWIND ENERGY, INC.: SEGMENTAL REVENUE, 2020 (%) 88

FIGURE 40 IB ANDRESEN INDUSTRI A/S: SALES REVENUE (USD MILLION), 2020-2027 90

FIGURE 41 IB ANDRESEN INDUSTRI A/S: REGIONAL REVENUE SHARE (%), 2020 91

FIGURE 42 VESTAS WIND SYSTEMS A/S: SWOT ANALYSIS 95

FIGURE 43 CS WIND CORPORATION: SWOT ANALYSIS 97

FIGURE 44 GOLDWIND CORPORATION: SWOT ANALYSIS 99

FIGURE 45 WINDAR RENOVABLES: SWOT ANALYSIS 101