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Positive Mood Prevails in International Wind Energy Market


Third WindEnergy trend:index Published

Hamburg, 17 May 2019 – An increasingly positive assessment of the world-wide market situation in both, the onshore and offshore segments, is reflected by the results of the most recent WindEnergy trend:index (WEtix) survey which was conducted among representatives of the global wind industry. By now more than 4,000 wind industry experts from all parts of the value chain have taken part in the survey which has been held semi-annually since 2018. The overall expectations regarding the future development of the industry are positive. The participating experts believe there are still many technological opportunities to be explored, seeing excellent international market perspectives. Survey participation remains high and stable, and the rate of completely answered questionnaires is increasing. Representativeness continues to be high, as well. This means that the WEtix index, which is jointly compiled by WindEnergy Hamburg, the world’s leading expo for onshore and offshore wind energy, and wind:research, the leading wind energy market research institute, has firmly established itself as the industry’s global barometer of mood.

“The WEtix survey provides all wind energy experts with an excellent opportunity to share their assessments of the industry’s current and future situation. We are pleased that this opportunity has been receiving such a great response. It provides a means to capture the mood in the context of international perspectives in a manner that is normally possible only at the world’s leading wind industry expo itself,” emphasised Bernd Aufderheide, President and CEO, Hamburg Messe und Congress GmbH which organises WindEnergy Hamburg. “Positive messages reflecting a global view, such as this one, are of exceptional importance for the market at this time.”

Overall the share of completely answered questionnaires has been growing: In the third survey, approximately 65per cent of responding market experts answered the full set of questions. The distribution of response rates across countries and regions reflects the market volume in the respective country or region, accounting for the onshore and offshore segments. This is one of the indicators for high representativeness. In general, distributions have remained more or less the same, with the onshore segment gaining ground.

Assessments of global (onshore and offshore) wind market showing upward trend

In this year’s survey the participating experts see the current international environment for onshore wind energy in a much more positive light than in 2018. Germany is an exception as conditions are being judged even more critically this year than before. Conditions in the offshore segments are receiving increasingly positive assessments this year, especially so in Asia but also in North America. In Germany these values are decreasing, if less markedly than in the onshore segment and overall still on the positive side.

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