TechNavio today published its report Global Wind Turbine Generator Market 2010“2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision-makers™ understanding of the current and future trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said, The accuracy in predicting the wind is the most important factor driving the Wind Turbine Generator market. This predictability enables the wind power generating plant authorities to reserve and manage the wind power generation as per the prediction. In the modern day, the prediction of wind power is done in intervals of five minutes to one hour, wherein the prediction is done in advance up to 48“72 hours. Further, the wind blowing is also forecasted on a seasonal and annual periodic basis, in order to enable easier planning.
According to the report, one of the recent trends observed in the Global Wind Turbine Generator market is the in-house production of the wind turbine generators by the wind turbine manufacturers. All the parts of a wind turbine are manufactured by the company itself, instead of relying on external suppliers. This trend will enable the company to save costs, save shipping time, and also increase the expertise in the market as a whole by producing all the parts required. In-house production will also enable the company to standardize the products and thus gain more share in the market by reduced costs.
The report also discusses key challenges including design-related challenges that can result in technology-related problems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-wind-turbine-generator-market-2010-2014
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TechNavio Announces the Publication of its Report – Global Wind Turbine Generator Market 2010-2014
