Lucintel’s Regional Benchmarking forWind Energy Industry of BRIC Countries andUS China to Outpace

Dec. 27, 2011 - PRLog -- Concerns over climate change, crude oil prices, and increasing energy demand are generating global interest in renewable resources to meet the world’s energy needs. Wind is a clean, abundant, rapidly growing energy source. Investment in wind energy, however, requires proper analysis as its costs are still higher than conventional energy sources.

Lucintel, a leading global management consulting and market research firm, analyzes the wind energy market and presents its findings in its research report, “Regional Benchmarking of Wind Energy Industry 2011–2020: BRIC Countries and US.”

This report provides insights about wind energy and a comparative industry analysis of the BRIC countries and the US. From 2000–2010 the global wind energy market grew with a CAGR of 27%. Traditional industry leaders, such as Europe and the US, lost market share in 2010. China emerged as the world’s largest wind energy market with 22% of global installed capacity, growing through strong government support from feed-in-tariffs and favorable pricing policies. It expects to remain the fastest-growing wind energy player as it reduces dependence on fossil fuels. As Lucintel’s discloses, China expects to reach 230 GW in cumulative wind installations by 2020. The US also is expected to grow steadily and to reach approximately 180 GW by 2020.

Government policies and an emerging wind market make Brazil attractive for wind energy OEMs. Russia holds tremendous potential, but its industry remains underdeveloped because of no government support. Central government initiatives and state-level incentives assist India’s wind industry development. The US, with huge potential and supportive government policies, offers opportunities for OEMs.

The report provides trend scenarios and forecast statistics for 2001–2020. Lucintel’s research provides detailed market structure, supply chain analysis, and comparative analysis of wind markets. The report details the wind market’s drivers and challenges, policies affecting the market, competitive advantages of BRIC and the US through diamond analysis, and BRIC’s resource potential.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that help you make critical decisions with greater speed, insight, and cost efficiency. To find out more, please visit http://www.lucintel.com.

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