Wind Turbine Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global wind turbine market size is expected to touch USD 102.4 Billion by 2030, from USD 62.64 Billion in 2022, growing with a significant CAGR of 6.34% from 2022 to 2030. 

The wind turbine report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global wind turbine in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global wind turbine market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global wind turbine during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 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

This study covers a detailed segmentation of the global wind turbine market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global wind turbine market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

• General Electric company.
• Vestas Wind Systems A/S
• Nordex SE.
• Suzlon Energy Limited.
• Siemens Gamesa renewable energy. SA
• CSIC.
• Shanghai Electric.
• Windey

Market Segmentation

 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

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global wind turbine report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global wind turbine market.

TABLE OF CONTENT

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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