| Product Code: ETC8681783 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Norway continued to rely on imports of wind turbine towers, with top suppliers being Turkey, Croatia, Sweden, Denmark, and Romania. The market remained concentrated, as indicated by a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -31.63%. Furthermore, the growth rate from 2023 to 2024 plummeted by -42.96%. These figures suggest a challenging market environment for wind turbine tower imports in Norway, highlighting potential shifts in supplier dynamics and demand trends.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Wind Turbine Tower Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Wind Turbine Tower Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Wind Turbine Tower Market - Industry Life Cycle |
3.4 Norway Wind Turbine Tower Market - Porter's Five Forces |
3.5 Norway Wind Turbine Tower Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Wind Turbine Tower Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 Norway Wind Turbine Tower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources and the government's focus on promoting clean energy solutions. |
4.2.2 Favorable government policies and incentives to promote wind energy projects in Norway. |
4.2.3 Technological advancements leading to more efficient and cost-effective wind turbine towers. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up wind turbine towers. |
4.3.2 Challenges related to grid integration and intermittency of wind energy. |
4.3.3 Environmental concerns and potential impact on wildlife. |
5 Norway Wind Turbine Tower Market Trends |
6 Norway Wind Turbine Tower Market, By Types |
6.1 Norway Wind Turbine Tower Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Wind Turbine Tower Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Norway Wind Turbine Tower Market Revenues & Volume, By Tubular, 2021- 2031F |
6.1.4 Norway Wind Turbine Tower Market Revenues & Volume, By Lattice, 2021- 2031F |
6.1.5 Norway Wind Turbine Tower Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Norway Wind Turbine Tower Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 Norway Wind Turbine Tower Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Norway Wind Turbine Tower Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Norway Wind Turbine Tower Market Import-Export Trade Statistics |
7.1 Norway Wind Turbine Tower Market Export to Major Countries |
7.2 Norway Wind Turbine Tower Market Imports from Major Countries |
8 Norway Wind Turbine Tower Market Key Performance Indicators |
8.1 Average capacity factor of wind turbines in Norway. |
8.2 Number of new wind turbine installations in Norway. |
8.3 Average cost per megawatt hour of wind energy generated in Norway. |
9 Norway Wind Turbine Tower Market - Opportunity Assessment |
9.1 Norway Wind Turbine Tower Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Wind Turbine Tower Market Opportunity Assessment, By Installation, 2021 & 2031F |
10 Norway Wind Turbine Tower Market - Competitive Landscape |
10.1 Norway Wind Turbine Tower Market Revenue Share, By Companies, 2024 |
10.2 Norway Wind Turbine Tower Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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