Japan’s wind energy market is set to boom this 2013, helping the global wind industry bounce back from its slowdown in 2012, according to Frost and Sullivan.
While a lull in the domestic onshore wind power market in the recent years had driven some Japanese wind turbine manufacturers to shift focus on European and U.S. markets, a growing interest on offshore wind farms will change this scenario.
“This is expected to attract not only home-grown engineering and construction companies but also global wind turbine manufacturers to re-enter Japan,” said Frost and Sullivan.
Compared with European markets that have been leading the offshore wind power development worldwide, the Asia-Pacific is lagging behind in terms of progress.
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