Research and Markets: Over The Next 5 Years, Wind Energy Market Is Expected To Reach $ 104 B, Solar PV $88.5 B and Solar Thermal $24 B By 2015

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3ac841/benchmarking_of_wi) has announced the addition of the "Benchmarking of Wind with Solar Energy" report to their offering.

Background:

Wind and solar are clean renewable energy resources available in abundance across all the regions. The business of generating electricity from the wind and solar is growing and is poised for rapid expansion as U.S, China and rest of the world are looking for cleaner and more sustainable ways to generate electricity.

According to this report Benchmarking of Wind with Solar Energy - the global wind production capacity is expected to reach 430.6 GW, solar Photovoltaic 125.9 GW and solar thermal 20 GW by 2015 respectively. Despite of recent economic slowdown, energy demand is on rise in Asian and other developing economies due to high industrial growth and greater usage of industrial goods. Although, cost of generating electricity, easy availability of abundant raw materials and capacity factors have always encouraged the growth of conventional energy but the environmental concerns, accelerating fuel prices and emission regulations like Kyoto protocol have accelerated the growth of renewable energy across the globe. As far as the cost of generating electricity is concerned, wind is less costly compare to solar energy. Over the next 5 years, wind energy market is expected to reach $ 104 B, solar PV $88.5 B and solar thermal $24 B by 2015. Wind farms are profitable as compare to solar energy. This unique report from Lucintel will provide you with valuable information, insights for trend and forecasts of different energy sources and levelised cost of energy of different energy sources. This report will save you hundreds of hours of your own personal research time and will significantly benefit you in expanding your business. In todays stringent economy, you need every advantage that you can find.

Features of This Report:

To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors and many more, who are dealing with the composites market.

Some of the features of this market report are:

Trend and forecast of wind, solar PV, solar thermal in terms of capacity install.
Market size of wind, solar PV, solar thermal by value
Major growth drivers and challenges for each of energy sources.
Trend and forecast of Levelised Cost of Energy (LCOE) for each of the energy sources in terms of $/MWh
Cost drivers for each of the energy sources.
Cost breakdown for each of the energy sources
Value chain analysis of wind, solar PV, solar thermal.
Regional breakdown of wind, solar PV, solar thermal.
Risk analysis of wind, solar PV and solar thermal
Profit analysis of wind, solar PV and solar thermal

Lucintels core competency is in market research and management consulting. In last 10 years, Lucintel has worked on hundreds of market research studies. Lucintels market report offers following benefits:

It saves you money, as compared to doing research
It saves you time. Lucintel delivers the report in hours vs. months of report writing.
It is an un-biased source of industry facts, intelligence and
It helps you make confident business

This study is intended for material suppliers, parts fabricators, OEMs, investors, executives and consultants. This multi-client market study is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows:

Business development
Strategic planning
Business presentation
Determination of market size and trend
Competitive analysis
Personnel training
Budgeting
Investment Decision

Methodology:

Lucintel has been tracking this market for the last 10 years and has used the following sources for the completion of this valuable report.

Lucintel conducted interviews of major material and end users.
In-depth research on the companies involved in this market.
Extensive search of current published literature, market and database information including news, articles published in Composites-Week newsletter (publisher: Lucintel).
A compilation of the experiences, judgments, and insights of Lucintels professionals, who have analyzed and tracked this market over the years.

Lucintel collects a lot of unintelligent data from variety of sources and converts into intelligent data. The intelligent data is used by our clients for making confident business decisions

For more information visit http://www.researchandmarkets.com/research/3ac841/benchmarking_of_wi

Contacts

Research and Markets
Laura Wood, Senior Manager,
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Source: Research and Markets