Mood of the industry improves for the wind markets in Asia and North America [short version]

Second WindEnergy trend:index released

The globalwind industry’s assessment of the general political and legal conditions in international markets is more positive now than it was last spring; the same applies to the offshore sector as a whole. This is the result of the second survey of the industry’s global mood barometer, WindEnergy trend:index (WEtix), which was launched during the leading global trade fair for wind, WindEnergy Hamburg, at the end of September. A slight upward trend in the assessment of current conditions in the global onshore markets is discernible, e.g. in Asia and North America, whereas the mood in the wind sector regarding conditions in Germany has declined: 50 per cent of respondents gave a negative rating this time, as opposed to 38 per cent last spring. Globally there is a positive trend in the offshore wind sector, especially in Asia and the rest of the world, contrary to the German market where the assessment is again more unfavourable. The market forecast for 2020 sees positive potential for North America as well as the Asian region. These are the main results of the recent WindEnergy trend:index survey conducted by WindEnergy Hamburg, the leading global trade fair for the onshore and offshore wind energy sector, in cooperation with wind:research, the leading market research institute for wind energy. The survey premiered in spring 2018 and will continue into the future.

The results of the autumn survey are now available. 1,655 industry experts participated globally, and about 1,000 of them answered all the questions. By comparison, around 1,200 people had participated in the spring survey, with roughly 700 answering all questions. This represents an increase in participation by one quarter, with a highly representative coverage: To date more than 2,800 experts in total have taken part in the two surveys. “We are happy to see that the global mood barometer for the wind energy sector is well established“, says Claus Ulrich Selbach, Business Unit Director at Hamburg Messe und Congress. “There is a strong need in the industry for information that can provide guidance in a complex market environment. This was already apparent during WindEnergy Hamburg in September.“ The leading global trade fair for onshore and offshore wind energy was attended by around 35,000 industry visitors from 100 countries. 

Experts see high potential in the development of modern technologies

The survey participants were also asked to assess technology developments. Many predict that further developments will enable cost reductions. About two thirds of the roughly 1,000 respondents were in agreement with this assumption for the offshore segment. A clear majority of experts believe digitalization has high or very high potential, with affirmative or highly affirmative responses now at 22 per cent compared to 18 per cent last spring for the onshore segment, and at 24 per cent, up from 22 per cent, for offshore.

Note to editors: For a detailed version of this press release and a complete listing of survey results, including the respondents' industry affiliation, please go to the press pages of WindEnergy Hamburg where you may also find images in print-ready format for editorial use.

Go towww.windenergyhamburg.com/en/presseservice/presseinformationen/

The market research institute wind:research prepares market studies and analyses as well as expert reports through to M&A services for the wind energy sector, delivering detailed insights for operational and strategic developments to energy utilities, project developers, operators, component and turbine manufacturers as well as municipal, state and federal governments. For further information go to: www.windresearch.de

 

HUSUM Wind and WindEnergy

From 10 to 13 September 2019 the who’s who of the wind industry will be coming together at HUSUM Wind, the most important German wind trade fair of the year. 650 exhibitors from Germany and neighbouring markets will be in Germany’s leading model region to showcase the latest trends, newest products and innovative services. Additional topics of the future include hydrogen and Power-to-X, post-EEG solutions for wind turbines, digitalisation & big data. The approximately 18,000 trade visitors can expect an interesting exhibition and congress programme that reflects practical orientation, new information and dialogue formats and the unique HUSUM-Spirit. For further information visit husumwind.com #husumwind

WindEnergy Hamburg will be held in Hamburg, the capital of the wind industry, from 22 to 25 September 2020.  The world’s leading wind industry expo for the onshore and offshore wind industry mirrors the global market and its entire value chain. More than 1,400 exhibitors from around the world present their product innovations and projects. WindEnergy Hamburg and the global WindEurope Conference, which is held in parallel, jointly form the Global Wind Summit in Hamburg. For further information visit  windenergyhamburg.com, LinkedIn and twitter.

Contact for questions regarding content, interpretation and methodology as well as wind:research: Dirk Briese, Tel: +49 (0)471-9026195-0, presse(at)windresearch(dot)de

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