Lithuania wind power market, which is estimated to be USD XX billion in 2016, is expected to grow to USD XX billion by 2021, at a CAGR of XX percent.
One of the major factors driving the wind power market is the growing power need. The cost of wind energy, especially from onshore wind farms is on the decline. After setting new records in 2014, the wind power industry surprised many observers with another record breaking year in 2015, chalking up 22% annual market growth. This has made wind power an attractive option for governments aiming towards carbon emission reductions. Cutting down emissions has become a matter of utmost importance today, and this has motivated various governments to set emission reduction targets, which will help in the growth of the wind power industry. Factors like escalating demand for renewable energy, favourable government policies and decreasing cost of equipment as a result of increasing market size, are driving the wind power equipment market.
The markets where wind competes successfully on price against heavily subsidized conventional fuels, continues to grow. Energy security, cost stability and insulation of national economies from the price shocks in the international fossil markets, have created the demand.
Lithuania wind power market report comprehensively analyses the market by segmenting it based on location (onshore and offshore) and technology of the wind turbines (horizontal axis wind turbine market and vertical axis wind turbine market). Key drivers and restraints that are affecting the growth of this market are also discussed in detail. This report also has key project information, which includes both pipeline and upcoming projects. The study elucidates on the competitive landscape and key market players (both domestic and foreign) as well.
1. Executive Summary
2. Research Methodology
3. Market Overview
3.2 Market Demand to 2020
3.3 Recent Developments in the Lithuania Wind Power Industry
3.4 Government Policies and Regulations
4. Markets Dynamics
5. PESTLE Analysis
6. Lithuania Wind Power Market Analysis, by Location
7. Lithuania Wind Power Market Analysis, by Technology
8. Company Profiles of Key Players
8.1 Domestic Players
8.2 Foreign Players
9. Competitive Landscape
9.1 Mergers & Acquisitions
9.2 Joint Ventures, Collaborations and Agreements
10.2 Contact Us