Wind Energy Foundation Market is projected to grow at a significant level, during the forecast period, on account of increasing demand for clean energy resources and rising number of installations in the wind power sector. Wind energy is expected to be the largest application in terms of value in the global power production during the forecast period (2016 - 2022), due to increasing government reforms and policies focusing on adaptation of renewable energy.

Based on site location, onshore is expected to be the largest segment in the global wind energy foundation market. The factors driving the market include increasing awareness toward the benefits of renewable energy, easy availability of wind energy sources and significant growth in the number of commercial onshore wind farms in North America.

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wind energy projects is built on different types of terrains under challenging soil and environmental conditions. The onshore segment has been further categorized into raft, pile, well foundation and others. The raft has been the largest sub-segment in the onshore segment. Raft is expected to grow at the fastest rate in the wind energy foundation market for onshore, during the forecast period.

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 Asia-Pacific was the largest contributor to the global wind energy foundation market, in terms of value, in 2015, due to rising demand for clean energy in emerging economies such as China and India and expansion of energy sector in these countries. Europe was the second largest market in value terms in the global wind energy foundation market in 2015 driven by increasing government initiatives focused on providing electricity through wind power.

Major players operating in the global wind energy foundation market are Suzlon Energy Limited, Ramboll Group, OWEC Tower AS, Offshore Wind Power Systems of Texas LLC, Blue H Engineering, SWAY AS, MT Hojgaard and Statoil.



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