Mood of the Industry Improves for the Wind Markets in Asia and North America Second WindEnergy Trend: Index Released

14 Dec 2018

The global wind 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. 

WindEnergy Hamburg | http://www.windenergyhamburg.com