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

SIC 3511 | NAICS 333611

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

IBISWorld 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:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

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 Resources
For more industry research reports and other resources, see the following resource guide.

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:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample reports on a national and metropolitan area level are available free online.

IBISWorld Research Reports
Wind Turbine Manufacturing / Installation
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual revenues for 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 the installed systems. Sample report is available 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

www.bvresources.com

Private company sales transaction data for over 900 industries.

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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