by According to Precedence Research, during the forecast period of 2022 to 2030, the global wind turbine market is estimated to develop at a compound annual growth rate (CAGR) of 6.34%. The global wind turbine market was valued at USD 55.91 billion in 2021, and it is predicted to exceed USD 102.4 billion by 2030. The study investigates several elements and their consequences on the growth of the wind turbine market.
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This report focuses on wind turbine market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall wind turbine market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Wind Turbine Market
| Report Coverage | Details |
| Market Size by 2030 | USD 102.4 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 6.34% |
| Largest Market | Asia Pacific |
| Fastest Growing Market | North America |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Axis, Installation, Components, Application, Capacity, Connectivity, Rating, Region |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of wind turbine, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of wind turbine has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the wind turbine market.
Some of the prominent players in the wind turbine market include:
- General Electric company.
- Vestas Wind Systems A/S
- Nordex SE.
- Suzlon Energy Limited.
- Siemens Gamesa renewable energy. SA
- CSIC.
- Shanghai Electric.
- Windey
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Segments Covered in the Report
By Axis
- Vertical
- Horizontal
By Installation
- Offshore
- Onshore
By Components
- Rotator blade
- Generator
- Gearbox
- Nacelle
By Application
- Residential
- Utility
- Industrial
- Commercial
By Capacity
- Small
- Medium
- Large
By Connectivity
- Grid Connected
- Stand Alone
By Rating
- < 100 kW
- 100 kW to 250 kW
- > 250 kW to 500 kW
- > 500 kW to 1 MW
- 1 MW to 2 MW
- >2 MW
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Wind Turbine Market, By Axis
7.1. Wind Turbine Market, by Axis, 2021-2030
7.1.1. Vertical
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Horizontal
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Wind Turbine Market, By Installation
8.1. Wind Turbine Market, by Installation, 2021-2030
8.1.1. Offshore
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Onshore
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Wind Turbine Market, By Components
9.1. Wind Turbine Market, by Components, 2021-2030
9.1.1. Rotator blade
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Generator
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Gearbox
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Nacelle
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Wind Turbine Market, By Application
10.1. Wind Turbine Market, by Application, 2021-2030
10.1.1. Residential
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Utility
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Industrial
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Commercial
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Wind Turbine Market, By Capacity
11.1. Wind Turbine Market, by Capacity, 2021-2030
11.1.1. Small
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Medium
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Large
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Wind Turbine Market, By Connectivity
12.1. Wind Turbine Market, by Connectivity, 2021-2030
12.1.1. Grid Connected
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Stand Alone
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Wind Turbine Market, By Rating
13.1. Wind Turbine Market, by Rating, 2021-2030
13.1.1. < 100 kW
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. 100 kW to 250 kW
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. > 250 kW to 500 kW
13.1.3.1. Market Revenue and Forecast (2017-2030)
13.1.4. > 500 kW to 1 MW
13.1.4.1. Market Revenue and Forecast (2017-2030)
13.1.5. 1 MW to 2 MW
13.1.5.1. Market Revenue and Forecast (2017-2030)
13.1.6. >2 MW
13.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Wind Turbine Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Axis (2017-2030)
14.1.2. Market Revenue and Forecast, by Installation (2017-2030)
14.1.3. Market Revenue and Forecast, by Components (2017-2030)
14.1.4. Market Revenue and Forecast, by Application (2017-2030)
14.1.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.1.6. Market Revenue and Forecast, by Rating (2017-2030)
14.1.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Axis (2017-2030)
14.1.8.2. Market Revenue and Forecast, by Installation (2017-2030)
14.1.8.3. Market Revenue and Forecast, by Components (2017-2030)
14.1.8.4. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.1.8.6. Market Revenue and Forecast, by Rating (2017-2030)
14.1.8.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Axis (2017-2030)
14.1.9.2. Market Revenue and Forecast, by Installation (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Components (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Application (2017-2030)
14.1.9.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.1.9.6. Market Revenue and Forecast, by Rating (2017-2030)
14.1.9.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Axis (2017-2030)
14.2.2. Market Revenue and Forecast, by Installation (2017-2030)
14.2.3. Market Revenue and Forecast, by Components (2017-2030)
14.2.4. Market Revenue and Forecast, by Application (2017-2030)
14.2.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.2.6. Market Revenue and Forecast, by Rating (2017-2030)
14.2.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Axis (2017-2030)
14.2.8.2. Market Revenue and Forecast, by Installation (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Components (2017-2030)
14.2.8.4. Market Revenue and Forecast, by Application (2017-2030)
14.2.8.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.2.8.6. Market Revenue and Forecast, by Rating (2017-2030)
14.2.8.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Axis (2017-2030)
14.2.9.2. Market Revenue and Forecast, by Installation (2017-2030)
14.2.9.3. Market Revenue and Forecast, by Components (2017-2030)
14.2.9.4. Market Revenue and Forecast, by Application (2017-2030)
14.2.9.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.2.9.6. Market Revenue and Forecast, by Rating (2017-2030)
14.2.9.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Axis (2017-2030)
14.2.10.2. Market Revenue and Forecast, by Installation (2017-2030)
14.2.10.3. Market Revenue and Forecast, by Components (2017-2030)
14.2.10.4. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.2.10.6. Market Revenue and Forecast, by Rating (2017-2030)
14.2.10.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Axis (2017-2030)
14.2.11.2. Market Revenue and Forecast, by Installation (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Components (2017-2030)
14.2.11.4. Market Revenue and Forecast, by Application (2017-2030)
14.2.11.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.2.11.6. Market Revenue and Forecast, by Rating (2017-2030)
14.2.11.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Axis (2017-2030)
14.3.2. Market Revenue and Forecast, by Installation (2017-2030)
14.3.3. Market Revenue and Forecast, by Components (2017-2030)
14.3.4. Market Revenue and Forecast, by Application (2017-2030)
14.3.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.3.6. Market Revenue and Forecast, by Rating (2017-2030)
14.3.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Axis (2017-2030)
14.3.8.2. Market Revenue and Forecast, by Installation (2017-2030)
14.3.8.3. Market Revenue and Forecast, by Components (2017-2030)
14.3.8.4. Market Revenue and Forecast, by Application (2017-2030)
14.3.8.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.3.8.6. Market Revenue and Forecast, by Rating (2017-2030)
14.3.8.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Axis (2017-2030)
14.3.9.2. Market Revenue and Forecast, by Installation (2017-2030)
14.3.9.3. Market Revenue and Forecast, by Components (2017-2030)
14.3.9.4. Market Revenue and Forecast, by Application (2017-2030)
14.3.9.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.3.9.6. Market Revenue and Forecast, by Rating (2017-2030)
14.3.9.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Axis (2017-2030)
14.3.10.2. Market Revenue and Forecast, by Installation (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Components (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Application (2017-2030)
14.3.10.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.3.10.6. Market Revenue and Forecast, by Rating (2017-2030)
14.3.10.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Axis (2017-2030)
14.3.11.2. Market Revenue and Forecast, by Installation (2017-2030)
14.3.11.3. Market Revenue and Forecast, by Components (2017-2030)
14.3.11.4. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.3.11.6. Market Revenue and Forecast, by Rating (2017-2030)
14.3.11.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Axis (2017-2030)
14.4.2. Market Revenue and Forecast, by Installation (2017-2030)
14.4.3. Market Revenue and Forecast, by Components (2017-2030)
14.4.4. Market Revenue and Forecast, by Application (2017-2030)
14.4.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.4.6. Market Revenue and Forecast, by Rating (2017-2030)
14.4.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Axis (2017-2030)
14.4.8.2. Market Revenue and Forecast, by Installation (2017-2030)
14.4.8.3. Market Revenue and Forecast, by Components (2017-2030)
14.4.8.4. Market Revenue and Forecast, by Application (2017-2030)
14.4.8.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.4.8.6. Market Revenue and Forecast, by Rating (2017-2030)
14.4.8.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Axis (2017-2030)
14.4.9.2. Market Revenue and Forecast, by Installation (2017-2030)
14.4.9.3. Market Revenue and Forecast, by Components (2017-2030)
14.4.9.4. Market Revenue and Forecast, by Application (2017-2030)
14.4.9.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.4.9.6. Market Revenue and Forecast, by Rating (2017-2030)
14.4.9.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Axis (2017-2030)
14.4.10.2. Market Revenue and Forecast, by Installation (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Components (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Application (2017-2030)
14.4.10.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.4.10.6. Market Revenue and Forecast, by Rating (2017-2030)
14.4.10.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Axis (2017-2030)
14.4.11.2. Market Revenue and Forecast, by Installation (2017-2030)
14.4.11.3. Market Revenue and Forecast, by Components (2017-2030)
14.4.11.4. Market Revenue and Forecast, by Application (2017-2030)
14.4.11.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.4.11.6. Market Revenue and Forecast, by Rating (2017-2030)
14.4.11.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Axis (2017-2030)
14.5.2. Market Revenue and Forecast, by Installation (2017-2030)
14.5.3. Market Revenue and Forecast, by Components (2017-2030)
14.5.4. Market Revenue and Forecast, by Application (2017-2030)
14.5.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.5.6. Market Revenue and Forecast, by Rating (2017-2030)
14.5.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Axis (2017-2030)
14.5.8.2. Market Revenue and Forecast, by Installation (2017-2030)
14.5.8.3. Market Revenue and Forecast, by Components (2017-2030)
14.5.8.4. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.5.8.6. Market Revenue and Forecast, by Rating (2017-2030)
14.5.8.7. Market Revenue and Forecast, by Connectivity (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Axis (2017-2030)
14.5.9.2. Market Revenue and Forecast, by Installation (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Components (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Capacity (2017-2030)
14.5.9.6. Market Revenue and Forecast, by Rating (2017-2030)
14.5.9.7. Market Revenue and Forecast, by Connectivity (2017-2030)
Chapter 15. Company Profiles
15.1. General Electric company.
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Vestas Wind Systems A/S
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Nordex SE.
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Suzlon Energy Limited.
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Siemens Gamesa renewable energy. SA
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. CSIC.
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Shanghai Electric.
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Windey
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
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