Research and Markets: European Wind Energy Markets

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/caeeda/european_wind_ener) has announced the addition of Frost & Sullivan's new report "European Wind Energy Markets" to their offering.

Market Overview:

Renewable Energy Targets to Power Wind Energy Market

The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. Europe's wind energy market is primarily driven by the European Union's renewable energy agenda to meet 20 per cent of its energy needs through renewable sources by 2020, notes the analyst of this research. The high growth potential of offshore wind energy, coupled with the emerging markets of Central and Eastern Europe (CEE) are attracting investments in the European market.

Wind energy will remain a significant contributor to the European Union (EU) member states' energy portfolio as they attempt to achieve the EU 2020 target. Germany, Spain and France continue to install more wind power facilities and are planning to exceed their targets and provide the surplus energy to the other EU member states. The United Kingdom is relying heavily on offshore wind development to achieve the 2020 target. The CEE region will emerge as a low cost, low technology market. This will make it an attractive market for Asian manufacturers.

Dual-Track Approach Needed to Leverage Opportunities in both Western and CEE Markets

While the western European market is difficult to enter, the emerging CEE markets will be driven more by price than by technology, thus posing low barriers to entry. For offshore technology, the timing is important; although having a track record is critical. Companies that wait too long for others to lead and prove the technology, run the risk of missing out on growth opportunities. In the mature Western European market, companies need to deliver not only the best technology, but also outstanding service packages to maintain or acquire market share. In the emerging CEE markets, wind turbine manufacturers will need to be extremely efficient and cost-competitive to be able to sustain price wars.

Research Overview:

This Frost & Sullivan research service titled European Wind Energy Markets provides in-depth analysis of key market trends and growth sectors. It also offers revenue forecasts. In this research, Frost & Sullivan's expert analysts thoroughly examine the following application sectors: offshore and onshore wind energy.

Key Topics Covered:

• Introduction - Scope, Methodology and Definition
• Executive Summary
• Market Forces - Industry Challenges, Market Drivers and Restraints
• Market Forecast
• Strategic and Competitive Structure Analysis
• Company Profiles of Prospective Entrants in the European Wind Energy Market
• Geographical Analysis
• Conclusion

Reasons to Buy:

This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.

For more information visit http://www.researchandmarkets.com/research/caeeda/european_wind_ener