Global Wind Energy Market Report 2024

Wind Energy Global Market Report 2024 – By Turbine Type (Horizontal Axis, Vertical Axis), By Component (Turbine, Support Structure, Electrical Infrastructure, Other Components), By Location (Onshore, Offshore), By Application (Utility, Non-Utility) – Market Size, Trends, And Global Forecast 2024-2033

Wind Energy Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Wind Energy Market Definition

Wind energy refers to the method of generating electricity by turning the kinetic energy of moving air into electricity. Wind energy is a clean, renewable energy source that is also among the most cost-effective electricity sources.

The main turbine types in wind energy are the horizontal axis and vertical axis. The horizontal axis refers to a wind turbine whose rotational axis is parallel to both the ground and the wind stream. The main components are the turbine, support structure, electrical infrastructure, and others. The various locations are onshore and offshore, that are used in utility, and non-utility.

Wind Energy Market Segmentation

The wind energy market covered in this report is segmented –

1) By Turbine Type: Horizontal Axis, Vertical Axis

2) By Component: Turbine, Support Structure, Electrical Infrastructure, Other Components

3) By Location: Onshore, Offshore

4) By Application: Utility, Non-Utility

Global Wind Energy Market Size 2023 to 2028: Graph

Wind Energy Market Size 2024 And Growth Rate

The wind energy market size has grown rapidly in recent years. It will grow from $113.89 billion in 2023 to $127.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to emerging markets growth, increased demand for clean energy sources, high environmental impact of conventional power generation sources and increasing fuel costs..

Wind Energy Market Growth Forecast

The wind energy market size is expected to see rapid growth in the next few years. It will grow to $194.34 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to global population growth and urbanization, the increasing electricity demand and the increasing focus on alternative sources of power generation.. Major trends in the forecast period include wind-solar hybrid systems, robot inspection systems, recyclable wind turbines, use of artificial intelligence (ai), new plant expansions, product innovations and collaborations and acquisitions..

Wind Energy Market Driver: Wind Energy Market Thrives On Increased Adoption Of Renewable Sources

An increase in the adoption of renewable energy sources is expected to propel the growth of the wind energy market going forward. The energy produced from naturally renewing but flow-restricted sources are referred to as renewable energy. The increasing use of renewable energy is creating a huge demand for wind energy as it is a clean, cost-free, and easily accessible source of renewable energy. For instance, in June 2022, as per the report by the U.S. Energy Information Administration, a US-based energy organization, the primary source of the entire yearly U.S. energy consumption was biomass. Approximately 5 quadrillion British thermal units (Btu) and 5% of all primary energy used in the United States were provided by biomass in 2021. Biofuels accounted for approximately 2,316 TBtu (mainly ethanol) of the total; 2,087 TBtu from wood and biomass derived from wood; and 431 TBtu from biomass found in municipal solid waste and sewage, animal manure, and agricultural leftovers. Thus, an increase in the adoption of renewable energy sources is driving the growth of the wind energy market.

Wind Energy Market Driver: Government Backing Fuels Wind Energy Market Growth Globally

Strong government support is expected to drive the growth of the wind energy market going forward. Government support refers to various actions, policies, programs, and financial assistance provided by government authorities to individuals, businesses, or specific sectors to achieve particular objectives or address societal needs. The rise of wind energy is facilitated by government funding, which also helps to remove early obstacles to entrance and create a favorable market climate. For example, in March 2023, the UK government announced it will quadruple offshore wind capacity to 50 GW (gigawatt) by 2030, and reach net zero power generation by 2035. Meanwhile, EU countries are ramping up offshore wind activity and the EU’s Green Deal plan temporarily relaxes state aid rules, allowing member states to subsidize supply chains. Further, in February 2023, the US government committed $369 billion to catalyze investments in renewable energy. Also, in August 2022, the governments of Germany and Denmark announced an investment of 9,000 million ($9,723.3 million) in a 3 GW wind power plant, out of which €6,000 million ($6,453.12 million) will be added for the offshore wind farm. Therefore, strong government support will increase the demand for the energy industry, driving the wind energy market.

Global Wind Energy Market Major Players

Major companies operating in the wind energy market report are Siemens Energy AG, Xinjiang Goldwind Science & Technology Co. Ltd, General Electric Company, Vestas Wind Systems A/S, Nordex SE,Enercon GmbH, China Ming Yang, Suzlon Energy Ltd., Dongfang Electric Corporation Limited, ABB Limited, Goldwind, Envision Energy, MINGYANG, Gamesa, SHANGHAI ELECTRIC, CSSC, Suzlon Energy Limited, Adani Green Energy Limited, G3 Holdings, NTPC Limited, Teroc AB, ENO Energy GmbH, Greenbyte AB, ENS Energy GmbH, MOWEA GmbH, Uali, Voltalia, Ergosup, Prodeval, EuroCape, Kola Wind Farm, Rosatom, Venture Round - NabraWind Technologies, NovaWind, NextEra Energy, Green Mountain Energy, TPI Composites, Renewable Energy Group, Inc, Clearway Energy, First Solar Inc, PlanEt, Tesla, IOGEN Corporation, Bio-EnPower Inc, Ag-west Bio, Nulife Green Tech, Innergex/Alterra Power, Bullfrog Power, 3G Energy, Pampa Energia SA, YPF Luz, Enel Green Power S.p.A., Genneia SA, 360 Energy SA, CPFL Energias Renovaveis SA, ENGIE Brazil, Eletrobras Furnas, Companhia Hidro Eletrica do Sao Francisco, Omega Geracao SA, ERLPhase Power Technologies Ltd, Bentley Systems Incorporated, Allegheny Technologies Incorporated (ATI), Ecocoast, Cubic Art Pixels, Taweelah B Power & Desalination Complex, Platinum Sustainable Development International, Cleanco Waste Treatment LLC, Shams Power Company, meteocontrol AMEA DMCC, BELECTRIC Gulf, NNQ Energy, OREX, Lake Turkana Wind Farm, Tarfaya Wind Farm, Ras Ghareb Wind Farm, West Bakr Wind Project, Adama I & Ii Wind Farm, Taiba N’diaye Wind Farm, Kangnas Wind Farm

Global Wind Energy Market Trend: Weg Industries Unveils Advanced 7 Mw Wind Turbine Platform With Medium-Speed Geared Drive Technology

Technological advancements are a key trend gaining popularity in the wind energy market. Major companies operating in the wind energy market are developing products with advanced technologies to sustain their position in the wind energy market. For instance, in July 2022, WEG Industries, a Brazil-based electric engineering company, launched a brand-new wind turbine platform with Medium-Speed Geared (MSG) drive technology and features a 7 MW and a 172-meter rotor diameter. Its unique features enable seamless electrical grid hookup and flexibility to adjust to and adhere to various grid codes in each region because it is integrated with a full power drive. It can produce reactive energy when there is no wind, which has extra benefits in addition to producing power. The redesigned design also includes modular components, such as a taller tower, to improve logistical procedures and provide an easier assembly idea, particularly for uneven geographic locations.

Global Wind Energy Market Trend: Companies Embrace Artificial Intelligence For Optimal Performance

Companies in the wind energy market are focusing on using artificial intelligence (AI) to improve efficiencies. AI enables advanced data analytics and predictive maintenance algorithms to optimize wind turbine performance, increase energy production and reduce operational costs. AI technologies also facilitate real-time monitoring and control of wind farms, improving grid integration and overall system reliability. For instance, in April 2022, GE Research, a US-based research and development division of General Electric, in collaboration with GE Renewable Energy, a US-based manufacturing and services division of General Electric, developed a cutting-edge artificial intelligence (AI)/machine learning (ML) tool that could save the global wind industry billions of dollars in logistics costs over the next decade. GE’s AI/ML tool uses a digital twin of the wind turbine logistics process to accurately predict and streamline logistics costs.

Wind Energy Market Merger And Acquisition: Statkraft Expands European Wind Power Portfolio With Acquisition Of Breeze Three Energy's Assets

In October 2021, Statkraft, a Europe-based renewable energy company, acquired the wind power portfolio of Breeze Three Energy for an undisclosed amount. With this acquisition, Statkraft expanded its portfolio of European onshore wind power with the addition of 39 wind farms in Germany and 4 wind farms in France. Breeze Three Energy, is a UK-based company operating wind farms and providing wind energy.

Regional Analysis For The Global Wind Energy Market

Asia-Pacific was the largest region in the wind energy market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wind energy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the wind energy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The wind energy market consists of sales of dutch type grain-grinding windmills, multi-blade water-pumping windmills, and high-speed propeller-type windmills. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The wind energy market research report is one of a series of new reports from The Business Research Company that provides wind energy market statistics, including the wind energy industry global market size, regional shares, competitors with a wind energy market share, detailed wind energy market segments, market trends and opportunities, and any further data you may need to thrive in the wind energy industry. This wind energy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wind Energy Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $127.04 billion
Revenue Forecast In 2033 $194.34 billion
Growth Rate CAGR of 11.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Turbine Type: Horizontal Axis, Vertical Axis
2) By Component: Turbine, Support Structure, Electrical Infrastructure, Other Components
3) By Location: Onshore, Offshore
4) By Application: Utility, Non-Utility
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Siemens Energy AG; Xinjiang Goldwind Science & Technology Co. Ltd; General Electric Company; Vestas Wind Systems A/S; Nordex SE;Enercon GmbH; China Ming Yang; Suzlon Energy Ltd.; Dongfang Electric Corporation Limited; ABB Limited; Goldwind; Envision Energy; MINGYANG; Gamesa; SHANGHAI ELECTRIC; CSSC; Suzlon Energy Limited; Adani Green Energy Limited; G3 Holdings; NTPC Limited; Teroc AB; ENO Energy GmbH; Greenbyte AB; ENS Energy GmbH; MOWEA GmbH; Uali; Voltalia; Ergosup; Prodeval; EuroCape; Kola Wind Farm; Rosatom; Venture Round - NabraWind Technologies; NovaWind; NextEra Energy; Green Mountain Energy; TPI Composites; Renewable Energy Group, Inc; Clearway Energy; First Solar Inc; PlanEt; Tesla; IOGEN Corporation; Bio-EnPower Inc; Ag-west Bio; Nulife Green Tech; Innergex/Alterra Power; Bullfrog Power; 3G Energy; Pampa Energia SA; YPF Luz; Enel Green Power S.p.A.; Genneia SA; 360 Energy SA; CPFL Energias Renovaveis SA; ENGIE Brazil; Eletrobras Furnas; Companhia Hidro Eletrica do Sao Francisco; Omega Geracao SA; ERLPhase Power Technologies Ltd; Bentley Systems Incorporated; Allegheny Technologies Incorporated (ATI); Ecocoast; Cubic Art Pixels; Taweelah B Power & Desalination Complex; Platinum Sustainable Development International; Cleanco Waste Treatment LLC; Shams Power Company; meteocontrol AMEA DMCC; BELECTRIC Gulf; NNQ Energy; OREX; Lake Turkana Wind Farm; Tarfaya Wind Farm; Ras Ghareb Wind Farm; West Bakr Wind Project; Adama I & Ii Wind Farm; Taiba N’diaye Wind Farm; Kangnas Wind Farm
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    Table Of Contents

    1. Executive Summary

    2. Wind Energy Market Characteristics

    3. Wind Energy Market Trends And Strategies

    4. Wind Energy Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Wind Energy Market Size and Growth

    5.1. Global Wind Energy Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Wind Energy Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Wind Energy Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Wind Energy Market Segmentation

    6.1. Global Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Horizontal Axis

    Vertical Axis

    6.2. Global Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Turbine

    Support Structure

    Electrical Infrastructure

    Other Components

    6.3. Global Wind Energy Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    On-Shore

    Off-Shore

    6.4. Global Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Utility

    Non-Utility

    7. Wind Energy Market Regional And Country Analysis

    7.1. Global Wind Energy Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Wind Energy Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Wind Energy Market

    8.1. Asia-Pacific Wind Energy Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Wind Energy Market

    9.1. China Wind Energy Market Overview

    9.2. China Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Wind Energy Market

    10.1. India Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Wind Energy Market

    11.1. Japan Wind Energy Market Overview

    11.2. Japan Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Wind Energy Market

    12.1. Australia Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Wind Energy Market

    13.1. Indonesia Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Wind Energy Market

    14.1. South Korea Wind Energy Market Overview

    14.2. South Korea Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Wind Energy Market

    15.1. Western Europe Wind Energy Market Overview

    15.2. Western Europe Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Wind Energy Market

    16.1. UK Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Wind Energy Market

    17.1. Germany Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Wind Energy Market

    18.1. France Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Wind Energy Market

    19.1. Italy Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Wind Energy Market

    20.1. Spain Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Wind Energy Market

    21.1. Eastern Europe Wind Energy Market Overview

    21.2. Eastern Europe Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Wind Energy Market

    22.1. Russia Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Wind Energy Market

    23.1. North America Wind Energy Market Overview

    23.2. North America Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Wind Energy Market

    24.1. USA Wind Energy Market Overview

    24.2. USA Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Wind Energy Market

    25.1. Canada Wind Energy Market Overview

    25.2. Canada Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Wind Energy Market

    26.1. South America Wind Energy Market Overview

    26.2. South America Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Wind Energy Market

    27.1. Brazil Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Wind Energy Market

    28.1. Middle East Wind Energy Market Overview

    28.2. Middle East Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Wind Energy Market

    29.1. Africa Wind Energy Market Overview

    29.2. Africa Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Wind Energy Market Competitive Landscape And Company Profiles

    30.1. Wind Energy Market Competitive Landscape

    30.2. Wind Energy Market Company Profiles

    30.2.1. Siemens Energy AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Xinjiang Goldwind Science & Technology Co. Ltd

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. General Electric Company

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Vestas Wind Systems A/S

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Nordex SE

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Wind Energy Market Other Major And Innovative Companies

    31.1. Enercon GmbH

    31.2. China Ming Yang

    31.3. Suzlon Energy Ltd.

    31.4. Dongfang Electric Corporation Limited

    31.5. ABB Limited

    31.6. Goldwind

    31.7. Envision Energy

    31.8. MINGYANG

    31.9. Gamesa

    31.10. SHANGHAI ELECTRIC

    31.11. CSSC

    31.12. Suzlon Energy Limited

    31.13. Adani Green Energy Limited

    31.14. G3 Holdings

    31.15. NTPC Limited

    32. Global Wind Energy Market Competitive Benchmarking

    33. Global Wind Energy Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Wind Energy Market

    35. Wind Energy Market Future Outlook and Potential Analysis

    35.1 Wind Energy Market In 2028 - Countries Offering Most New Opportunities

    35.2 Wind Energy Market In 2028 - Segments Offering Most New Opportunities

    35.3 Wind Energy Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Wind Energy Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Wind Energy Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Wind Energy Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Siemens Energy AG Financial Performance
  • Table 76: Xinjiang Goldwind Science & Technology Co. Ltd Financial Performance
  • Table 77: General Electric Company Financial Performance
  • Table 78: Vestas Wind Systems A/S Financial Performance
  • Table 79: Nordex SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Wind Energy Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Wind Energy Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Wind Energy Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Wind Energy Market, Segmentation By Turbine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Wind Energy Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Wind Energy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Siemens Energy AG Financial Performance
  • Figure 76: Xinjiang Goldwind Science & Technology Co. Ltd Financial Performance
  • Figure 77: General Electric Company Financial Performance
  • Figure 78: Vestas Wind Systems A/S Financial Performance
  • Figure 79: Nordex SE Financial Performance
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Frequently Asked Questions

What is the definition of the wind energy market?

Wind energy refers to the method of generating electricity by turning the kinetic energy of moving air into electricity. Wind energy is a clean, renewable energy source that is also among the most cost-effective electricity sources. For further insights on the wind energy market, request a sample here

How will the wind energy market drivers and restraints affect the wind energy market dynamics? What forces will shape the wind energy industry going forward?

The wind energy market major growth driver - Wind Energy Market Thrives On Increased Adoption Of Renewable Sources. For further insights on the wind energy market, request a sample here

What is the forecast market size or the forecast market value of the wind energy market?

The wind energy market size has grown rapidly in recent years. It will grow from $113.89 billion in 2023 to $127.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to emerging markets growth, increased demand for clean energy sources, high environmental impact of conventional power generation sources and increasing fuel costs.. The wind energy market size is expected to see rapid growth in the next few years. It will grow to $194.34 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to global population growth and urbanization, the increasing electricity demand and the increasing focus on alternative sources of power generation.. Major trends in the forecast period include wind-solar hybrid systems, robot inspection systems, recyclable wind turbines, use of artificial intelligence (ai), new plant expansions, product innovations and collaborations and acquisitions.. For further insights on the wind energy market, request a sample here

How is the wind energy market segmented?

The wind energy market is segmented
1) By Turbine Type: Horizontal Axis, Vertical Axis
2) By Component: Turbine, Support Structure, Electrical Infrastructure, Other Components
3) By Location: Onshore, Offshore
4) By Application: Utility, Non-UtilityFor further insights on the wind energy market,
request a sample here

Which region has the largest share of the wind energy market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the wind energy market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the wind energy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the wind energy market, request a sample here.

Who are the major players in the wind energy market?

Major companies operating in the wind energy market report are Siemens Energy AG, Xinjiang Goldwind Science & Technology Co. Ltd, General Electric Company, Vestas Wind Systems A/S, Nordex SE,Enercon GmbH, China Ming Yang, Suzlon Energy Ltd., Dongfang Electric Corporation Limited, ABB Limited, Goldwind, Envision Energy, MINGYANG, Gamesa, SHANGHAI ELECTRIC, CSSC, Suzlon Energy Limited, Adani Green Energy Limited, G3 Holdings, NTPC Limited, Teroc AB, ENO Energy GmbH, Greenbyte AB, ENS Energy GmbH, MOWEA GmbH, Uali, Voltalia, Ergosup, Prodeval, EuroCape, Kola Wind Farm, Rosatom, Venture Round - NabraWind Technologies, NovaWind, NextEra Energy, Green Mountain Energy, TPI Composites, Renewable Energy Group, Inc, Clearway Energy, First Solar Inc, PlanEt, Tesla, IOGEN Corporation, Bio-EnPower Inc, Ag-west Bio, Nulife Green Tech, Innergex/Alterra Power, Bullfrog Power, 3G Energy, Pampa Energia SA, YPF Luz, Enel Green Power S.p.A., Genneia SA, 360 Energy SA, CPFL Energias Renovaveis SA, ENGIE Brazil, Eletrobras Furnas, Companhia Hidro Eletrica do Sao Francisco, Omega Geracao SA, ERLPhase Power Technologies Ltd, Bentley Systems Incorporated, Allegheny Technologies Incorporated (ATI), Ecocoast, Cubic Art Pixels, Taweelah B Power & Desalination Complex, Platinum Sustainable Development International, Cleanco Waste Treatment LLC, Shams Power Company, meteocontrol AMEA DMCC, BELECTRIC Gulf, NNQ Energy, OREX, Lake Turkana Wind Farm, Tarfaya Wind Farm, Ras Ghareb Wind Farm, West Bakr Wind Project, Adama I & Ii Wind Farm, Taiba N’diaye Wind Farm, Kangnas Wind Farm For further insights on the wind energy market, request a sample here.

What are the key trends in the wind energy market?

Major trend in the wind energy market - Weg Industries Unveils Advanced 7 Mw Wind Turbine Platform With Medium-Speed Geared Drive Technology. For further insights on the wind energy market, request a sample here.

What are the major opportunities in the wind energy market? What are the strategies for the wind energy market?

For detailed insights on the major opportunities and strategies in the wind energy market, request a sample here.

How does the wind energy market relate to the overall economy and other similar markets?

For detailed insights on wind energy market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the wind energy industry?

For detailed insights on the mergers and acquisitions in the wind energy industry, request a sample here.

What are the key dynamics influencing the wind energy market growth? SWOT analysis of the wind energy market.

For detailed insights on the key dynamics influencing the wind energy market growth and SWOT analysis of the wind energy industry, request a sample here.