© 2016 Global Market Insights, Inc. USA. All Rights Reserved Wind Energy Market share research by applications and regions for 2017.

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Wind Energy Market share research by applications and regions for 2017 – 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The rapidly depleting fossil fuels have led to renewable sources emerging as the savior in global energy industry. Wind energy market, one of the most prominent and pivotal verticals of the energy cosmos, in consequence, is turning out to be a lucrative space for investors, given that the massive climate change crisis has further galvanized the demand for clean and renewable energy.Wind energy market  The increasing awareness regarding global warming and the fast depletion of non-renewable energy sources have led to paradigm shift toward sustainability – a trend that has led to wind energy industry capturing substantial attention on a global scale. Say for instance, The Ministry of New and Renewable Energy of India passed a policy in 2016 that will repower wind power turbines with a capacity of 1 MW or below. In France, the target for renewable power capacity has been set at 70 GW by 2023, which includes 23 GW from onshore wind turbines. These instances testify the stand taken by regional governments toward developing and facilitating renewable power resource infrastructure, which indeed is a major impetus for wind energy market expansion. Global Market Scenario of Wind Energy Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Wind energy being a clean, cost-free, and pollution-free source of energy, is being rapidly exploited across the energy sector.  Reasons to Buy This Report: 1. Wind Energy Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Wind Energy Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Though the source of the energy is free, the turbine installation and energy conversion and commercial deployment demand quite some expense, on the grounds of which many governments have been offering tax incentives to wind energy market firms. It is noteworthy to know however, that lately, mass production and advancement in technologies is making wind turbines cheaper, further spurring the wind energy industry.  Subject to numerous onshore turbine installations pertaining to low carbon emissions and reduced costs, onshore wind energy market is predicted to register a CAGR of 13% over  Wind energy converted to mechanical energy is robustly deployed to generate electricity for pumping water, grinding grain, charging batteries, and much more. Continue…

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