Dallas, Texas (PRWEB) February 08, 2014
As more and more wind power projects are being planned for this reason, the market for wind turbines is also expected to grow. Various other reasons such as high prices and the lack of easy availability of raw materials for generating electricity through thermal plants are also responsible for driving growth within the market. However, the government's decision to withdraw various schemes that provided several incentives to wind energy producers in the past is having a negative impact on the market's growth. Off-shore wind energy generation, hybrid generators such as solar photovoltaic, wind and diesel as well as the advent of small wind turbines are some of the key trends that are being witnessed in the industry at present.
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The latest market research report titled Wind Turbine Market in India 2014 mentions that renewable energy is gaining prominence within the country. Wind energy accounts for the majority of the renewable energy generated in the country. With India facing a continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy.
Several governments and industry bodies are working towards the development of the market and various policy and regulatory incentives are being provided to wind energy producers. However, the market remains import dependent. The majority of the players operating in the market is foreign companies and there is stiff competition among these players. The advancements in technology and the resultant reduction in costs will ensure that the market will grow steadily over the next few years.
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Major Points from Table of Contents (http://www.marketreportsonline.com/311698-toc.html) are listed below:
1 Executive Summary
3 Market Overview
5 Drivers & Challenges
7 Regulatory Bodies
8 Competitive Landscape
9 Strategic Recommendation
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Hydraulic Turbine and Water Wheel Market in Vietnam to 2018 - Market Size, Trends, and Forecasts at http://www.marketreportsonline.com/311527.html.
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