"Research and Markets" has announced the addition of the "Global Wind Turbine Generator Market 2017-2021" report to their offering.
This report analyses the current situation and the development foreground of the global wind turbine generator market from 2017 to 2021.
The analysts forecast that the global wind turbine generator market will grow at a CAGR of 10.16% during the period 2017 to 2021.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is rise in patent filings. The wind turbine generator market is witnessing increased expenditure by vendors on their R&D activities, leading to product innovation. In addition, the vendors in the market are working to reduce the cost of upgrades as well as maintenance.”
Wind power is considered as the most efficient of power generation among all renewable energy sources. It is also one of the most abundant sources of alternative energy. Nations of the world are grandly focus toward development and utilization of renewable resources.