Worldwide Wind Turbine Foundation Market to 2022: Demand of Energy is Driven by the Growing Global Population & Rising Disposal Income in Developing Countries - ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Wind Turbine Foundation Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global wind turbine foundation market to grow at a CAGR of over 5% during the forecast period.

The demand of energy is driven by the growing global population and rising disposal income in developing countries

The energy mix is defined as the use of different proportions of energy sources such as fossils fuel, nuclear energy and renewable energy to meet energy needs. However, this energy mix is changing globally with evolving policy measure and technological advances.

The growing contribution of renewable energy sources in the global energy mix has resulted in the increased installations of wind towers, which, in turn has driven the market growth during our forecast period.

The growing contribution of renewable energy sources in the global energy mix has resulted in the increased installations of wind towers which in turn had driven the growth of the market.

Competition from other alternative sources of energy

The share of wind energy in the global electricity consumption has increased steadily over the previous years. The lack of investments can also be attributed to the absence of stable and supporting government initiatives.

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