Irving, Texas (PRWEB) May 05, 2013
The global measuring system in wind energy market is set to expand with stable demand potential in the near future. The businesses of generating electricity from wind; designing and manufacturing turbines, towers, and measuring systems; and project management of wind farms are rapidly growing. These enterprises and are set to expand as countries around the world seek cleaner, more sustainable ways to generate electricity. According to market forecasts, the measuring system in wind energy market is expected to reach $572 million by 2018 with good growth over the next five years.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on this market and presents its findings in “Growth Opportunities in Global Measuring System in Wind Energy Market 2013-2018: Trend, Forecast, and Opportunity Analysis.” This study provides a concise overview of the global wind measuring system market in terms of value and projected annual growth.
Lucintel discusses the various challenges and opportunities faced by the wind measuring system market. The market is impacted by transportation issue. The wind met mast towers are heavy and larges making them difficult to move, increasing transportation costs. In addition, the siting of taller wind met masts is a complex, risky, and expensive task.
Lucintel's study contains an analysis of the industry’s major drivers. The financial support provided by governments will remain a key driver for the development of the wind market and thus the wind measuring system market. Throughout the world, government incentives help spread the adoption of renewable energy.
This wind market report highlights different aspects of the wind measuring system market. Due diligence has been given to the current market scenario. Asia is the current leader in the installation of annual measuring system installations. Europe was the second largest market, followed by North America.
The global wind measuring system market is expected to grow impressively in the near future. The top players need to formulate effective marketing strategies to take advantage of the opportunities, resulting in improved revenue and profitability.
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(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, target screening, cost efficiency. To learn more, visit http://www.lucintel.com.