India has set a target of achieving overall wind energy installed capacity of 27,300 MW by 2017 and 38,500 MW by 2022. As per NOVONOUS estimates, this creates an US$ 31.25 billion opportunity in the wind energy market in India till 2022.
The wind energy market in India has been growing since the last many years. The total installed capacity of the Indian Wind Energy market is 21136.20 MW. India stands at the 5th Rank in terms of the total installed wind power capacity just behind China, USA, Germany and Spain.
But the potential is far from being utilized. It is estimated by the Indian Wind Energy Association that the Wind power potential for all the states of India put together would be in the order of 1.5 GW. It can sustain the growing needs of electricity of the Indian consumers in a sustainable way.
The report aims at providing the reader a detailed view of the industry with the use of analysis frameworks which help in identifying the political, economical, social and technical factors that determine the scenario of the market and the market forces prevailing in the industry. The Key challenges faced by existing players and the barriers for a new player entering into the market, are also covered.
The report also identifies the role played by the central and the state governments by analyzing the incentives and subsidies offered by central and state governments. This report also provides details about risks associated with credit, policy and technical factors in Indian wind energy market.
The report also has detailed company profiles including their position in wind energy value chain, financial performance analysis, product and service wise business strategy, SWOT analysis and key customer details for eleven companies namely Suzlon Energy Limited, Gamesa Wind Turbines Private Limited, Vestas Wind Technology India Private Limited, Wind World India Limited, Global Wind Power Limited, Inox Wind Limited, Kenersys India Private Limited, Regen Powertech Private Limited, GE India Industrial Private Limited, RRB Energy Limited and LM Wind Power Technologies (India) Pvt. Ltd.
Scope of the Report
This report provides a detailed view of Indian wind energy scenario with current installed capacity and supply options. This report identifies the need for focusing on wind energy sector. This report provides detailed information on wind energy market in India with growth forecasts up to 2022. This report also focuses on developing a better understanding of the current state of the wind power generation technology. This study also identifies various policies related to wind energy generation and distribution in different states of India. The report identifies the growth drivers and inhibitors for wind energy market in India. This report profiles eleven manufacturers related to Indian wind energy market. This report provides detailed comparison chart of wind turbines available in Indian wind energy market. This report provides detailed competitive landscape of Indian wind energy sector. This report identifies major challenges faced by a new player in India wind energy sector. The report identifies the key risks associated with wind energy market in India. The report identifies EXIM scenario in various wind energy market in India. This report provides future trends for wind energy market in India. This report also provides recommendations for policy makers.
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