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Wind Turbine Manufacturers – Industry Analysis, Statistics, Trends, and Forecasts

SIC 3511  |  NAICS 333611

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

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Industry Analysis, Statistics, Trends, and Forecasts


Industry Research Reports
Wind Turbine Manufacturing  (view report)
Wind Turbine Installation  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Global Market Insights
Wind Turbines
https://www.gminsights.com/

Comprehensive report provides a detailed analysis of this product sector on a global basis, with data provided for the U.S. including market size and forecast by axis (e.g., horizontal, vertical), installation (e.g., onshore, offshore), connectivity (e.g., grid connected, standalone), rating (kW/MW), application (e.g., utility, industrial, commercial, government, residential), and module (e.g., nacelle, rotor, tower).


Freedonia Group
Research reports available from this organization include:

Wind Turbine Systems: United States
https://www.freedoniagroup.com/
Market research report analyzes the U.S. market for this product sector, with topics addressed in the study including historical demand trends, key economic indicators affecting demand, North American regional outlook, environmental and regulatory factors, historical and forecast wind power generating capacity, and historical and forecast demand for turbines in nominal dollars at the manufacturer level.

Global Wind Turbines
https://www.freedoniagroup.com/
Comprehensive report provides an in-depth analysis of the market for this product sector on a global and regional basis, with information provided including historical and forecast wind power generating capacity, and historical and forecast demand for turbines in nominal dollars at the manufacturer level. Detailed table of contents, lists of tables and figures, and selected excerpts are available free online.


GIA Research
Research reports available from this organization include:

Turbine Towers
https://www.strategyr.com/
Comprehensive report provides an in-depth analysis of the market for turbine towers on a global and regional basis, with information provided for the U.S. including historical demand and forecast by site location (e.g., onshore, offshore) and companies profiled including Broadwind Energy, Inc., CS Wind Corp., Enercon GmbH, Suzlon Energy, Ltd., Valmont Industries, Inc., and Vestas Wind Systems A/S.

Turbine Rotor Blades
https://www.strategyr.com/
Market research report provides a detailed analysis of the turbine rotor blade market in the U.S. and selected other countries, with data provided in the report including historical and forecast demand by blade length (e.g., <45, 45 to 60, >60 meters) and material (e.g., glass fiber, carbon composite) and companies profiled including Siemens AG, GE Renewable Energy, Senvlon SA, and Enercon GmbH.

Turbine Composite Materials
https://www.strategyr.com/
Comprehensive research report provides an in-depth analysis of the market for this product sector in the U.S. and selected other countries, with data provided including market size and forecasts by fiber type (e.g., glass fiber, carbon fiber) and application (e.g., blades, nacelles, other) and manufacturers profiled including Siemens AG, Gamesa Corporacion, Suzlon Energy, Ltd., and TPI Composites, Inc.


BizMiner Market Analysis Reports
Turbine Manufacturers
https://www.bizminer.com  Search for "333611" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports »

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Turbine Manufacturers
https://www.bizminer.com  Search for "333611" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Wind Turbine Manufacturing
(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.


More financial benchmarking data »

Compensation and Salary Surveys


PayScale, Inc.
Wind Turbine Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, mechanical engineer, process engineer, production team leader, assembler, welder, and maintenance technician, with employers for which salary or hourly wage data is provided including General Electric Co., Vestas Wind Systems A/S, and Siemens Gamesa Renewable Energy.


U.S. Bureau of Labor Statistics
Engine, Turbine, and Power Transmission Equipment Manufacturing
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed in this sector by companies that manufacture, assemble, and install nacelles, rotors, hubs, towers, and other components used in wind power generation systems and provide on- going maintenance and support services for these installed systems. All data is available free online.


More compensation surveys »

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:
  SIC Code 3511 - Turbines and Turbine Generator Set Units Manufacturing
  NAICS Code 333611 - Turbine and Turbine Generator Set Units Manufacturing
Types of establishments included in these codes
Wind turbine manufacturers - establishments that manufacture wind turbines that convert wind energy into electrical power and range in size from small-scale units for individual use to large-scale installations for utility-scale power generation.
Rotor blade manufacturing - establishments specializing in the production of rotor blades that extend from the hub of the turbine and capture the kinetic energy of the wind as mechanical power that is transferred to the gearbox by the main shaft.
Hub production - establishments that specialize in the production of hubs that connect the rotor blades to the main shaft, which then transfers the mechanical power produced by the rotation of the rotor blades to the gearbox connected to the generator.
Pitch system producers - establishments that produce pitch systems that control the angle of the rotor blades and adjust their pitch to optimize the amount of wind energy captured and protect the turbine from excessive wind loads.
Nacelle manufacturing - establishments that specialize in manufacturing nacelles, which are large protective housings mounted on top of the tower that enclose the turbine's main shaft, generator, gearbox, and rotor blade control systems.
Gearbox producers - establishments that focus on the manufacture of gearboxes that are used to increase the rotational speed transferred from the turbine's rotor blades to a speed that is optimal for generating electrical power.
Generator manufacturers - establishments that manufacture generators that convert the mechanical power produced by the rotor blades into electrical energy that can be fed into the power grid or used directly by homes, businesses, or other facilities.
Tower production - establishments that specialize in the production of the large structural towers that support the nacelle, hub, and rotor blades of a turbine and elevate them to an optimal height above the surface to capture wind energy efficiently.
Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »


Related Industries:
Electric Motor and Generator Manufacturers
Electric Companies and Utilities
Fabricated Metal Products Manufacturers
Wind Power Generation

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