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India - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Wind Powered Generator Market 2024
Wind Powered Generator Market Size in India
In 2021, after five years of growth, there was significant decline in the Indian wind powered generator market, when its value decreased by -10.1% to $X. Overall, consumption showed a relatively flat trend pattern. Wind powered generator consumption peaked at $X in 2020, and then shrank in the following year.
Wind Powered Generator Production in India
In value terms, wind powered generator production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.5% against the previous year. As a result, production attained the peak level of $X, and then shrank slightly in the following year.
Wind Powered Generator Exports
Exports from India
In 2021, overseas shipments of wind powered generating sets increased by 145% to X units, rising for the second year in a row after four years of decline. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 400%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, wind powered generator exports surged to $X in 2021. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 362% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.
Exports by Country
The Philippines (X units), Germany (X units) and Poland (X units) were the main destinations of wind powered generator exports from India, with a combined 73% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +270.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Poland ($X) emerged as the key foreign market for wind powered generating sets exports from India, comprising 61% of total exports. The second position in the ranking was taken by France ($X), with a 25% share of total exports. It was followed by Italy, with a 4.6% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Poland stood at +235.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+309.6% per year) and Italy (+6.2% per year).
Export Prices by Country
The average wind powered generator export price stood at $X per unit in 2021, with a decrease of -38.9% against the previous year. Over the period under review, the export price showed a perceptible contraction. The growth pace was the most rapid in 2017 when the average export price increased by 352%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+158.4%), while the prices for the other major destinations experienced more modest paces of growth.
Wind Powered Generator Imports
Imports into India
In 2021, the amount of wind powered generating sets imported into India declined significantly to X units, waning by -85.3% against the previous year. Overall, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2015 with an increase of 437%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, wind powered generator imports contracted notably to $X in 2021. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 1,060%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest wind powered generator supplier to India, with a 54% share of total imports. Moreover, wind powered generator imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. Japan (X units) ranked third in terms of total imports with a 19% share.
From 2012 to 2021, the average annual growth rate of volume from China amounted to -23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-5.9% per year) and Japan (+32.0% per year).
In value terms, China ($X), Japan ($X) and Spain ($X) appeared to be the largest wind powered generator suppliers to India, with a combined 86% share of total imports.
Among the main suppliers, Japan, with a CAGR of +141.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average wind powered generator import price stood at $X per unit in 2021, jumping by 450% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 729% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+86.2%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wind powered generator market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28112400 - Generating sets, wind-powered
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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