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Global Wind Turbine Foundation Market (2021 to 2028) - Featuring Fugro, SIF and Mammoet Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 16, 2021

The increased amount of renewable energy sources in the global energy mix has spurred industry expansion, resulting in high wind towers.

Key Points: 
  • The increased amount of renewable energy sources in the global energy mix has spurred industry expansion, resulting in high wind towers.
  • Thus, the quickly expanding wind energy installation capacity and falling wind turbine prices worldwide are expected to propel the global wind turbine foundation market forward during the forecast period.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global wind turbine foundation market.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

The Worldwide Wind Turbine Foundation Industry is Expected to Reach $15+ Billion by 2028

Retrieved on: 
Wednesday, December 15, 2021

The global wind turbine foundation market is expected to grow from US$ 6,958.35 million in 2021 to US$ 15,868.94 million by 2028; it is estimated to grow at a CAGR of 12.5% during 2021-2028.

Key Points: 
  • The global wind turbine foundation market is expected to grow from US$ 6,958.35 million in 2021 to US$ 15,868.94 million by 2028; it is estimated to grow at a CAGR of 12.5% during 2021-2028.
  • Japan's Akita Noshiro Offshore Wind Farm Project "The Akita Offshore Wind Farm Corporation" is constructing a 54.6 MW wind farm in Akita Port.
  • Thus, the quickly expanding wind energy installation capacity and falling wind turbine prices worldwide are expected to propel the global wind turbine foundation market forward during the forecast period.
  • As a result, the European wind turbine foundation market is expected to grow significantly in the coming years.