The Wind Power Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Axis (Horizontal Axis, Vertical Axis), Location (Onshore, Offshore), Connectivity (On-Grid, Off-Grid), and Application (Residential, Commercial, Industrial).
Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Wind Power industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Wind Power companies. The Wind Power demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Wind Power industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.
In the wind power market, there's a trend towards the increasing deployment of wind turbines for electricity generation. Innovations in wind turbine designs, rotor technologies, and tower configurations are prevalent trends. Additionally, the integration of smart technologies for predictive maintenance and remote monitoring of wind farms is gaining traction. Moreover, advancements in onshore wind power projects and community-based wind energy initiatives are shaping the market.
Key drivers stimulating the wind power market include the push for renewable energy adoption and the need to reduce greenhouse gas emissions. Wind power offers advantages such as cost-effectiveness, scalability, and minimal environmental impact, driving its adoption in various regions. Moreover, supportive policies, declining costs, and the growing demand for clean energy contribute significantly to market growth.
Opportunities in the wind power market lie in developing larger and more efficient wind turbines to harness higher wind speeds and enhance energy production. Collaboration with utilities and energy companies for wind farm development offers significant growth prospects. Moreover, investing in grid integration solutions and storage technologies to address intermittency challenges can unlock new avenues for market expansion. Exploring emerging markets with favorable wind conditions and focusing on repowering existing wind farms can further drive market growth and promote the global adoption of wind power.
Wind Power harnesses the kinetic energy of wind to generate electricity using wind turbines. This renewable energy source offers a clean and sustainable alternative to fossil fuels, with wind turbines varying in size and capacity, contributing to a diverse energy mix and reducing greenhouse gas emissions.
Connectivity
• On-Grid
• Off-Grid
Axis
• Horizontal Axis
• Vertical Axis
Application
• Residential
• Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
• Commercial
Location
• Onshore
• Offshore
• ABB Ltd
• Acciona Windpower SA
• American Electric Power Company, Inc.
• China Longyuan Power Group Corporation Ltd
• Dongfang Electric Corporation Ltd
• Enel Green Power S.p.A.
• ENERCON GmbH
• Envision Energy Limited
• Eurus Energy Holdings Corporation
• General Electric Company
• Ming Yang Smart Energy Group Ltd.
• NextEra Energy Resources, LLC
• Nordex SE
• Pacific Hydro Pty Limited
• Wind World (India) Ltd
Reasons to Buy the Wind Power Market Study
• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Wind Power market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Wind Power industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.
TABLE OF CONTENTS
1 INTRODUCTION TO 2024 Wind Power MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 EXECUTIVE SUMMARY
3.1 Global Wind Power Market Size Outlook, $ Million, 2021 to 2030
3.2 Wind Power Market Outlook by Type, $ Million, 2021 to 2030
3.3 Wind Power Market Outlook by Product, $ Million, 2021 to 2030
3.4 Wind Power Market Outlook by Application, $ Million, 2021 to 2030
3.5 Wind Power Market Outlook by Key Countries, $ Million, 2021 to 2030
4 MARKET DYNAMICS
4.1 Key Driving Forces of Wind Power Industry
4.2 Key Market Trends in Wind Power Industry
4.3 Potential Opportunities in Wind Power Industry
4.4 Key Challenges in Wind Power Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Wind Power Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 GLOBAL Wind Power MARKET OUTLOOK BY SEGMENTS
7.1 Wind Power Market Outlook by Segments
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
8 NORTH AMERICA Wind Power MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Wind Power Markets in 2024
8.2 North America Wind Power Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Wind Power Market size Outlook by Segments, 2021-2030
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
9 EUROPE Wind Power MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Wind Power Markets in 2024
9.2 Europe Wind Power Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Wind Power Market size Outlook by Segments, 2021-2030
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
10 ASIA PACIFIC Wind Power MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Wind Power Markets in 2024
10.2 Asia Pacific Wind Power Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Wind Power Market size Outlook by Segments, 2021-2030
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
11 SOUTH AMERICA Wind Power MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Wind Power Markets in 2024
11.2 South America Wind Power Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Wind Power Market size Outlook by Segments, 2021-2030
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
12 MIDDLE EAST AND AFRICA Wind Power MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Wind Power Markets in 2024
12.2 Middle East and Africa Wind Power Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Wind Power Market size Outlook by Segments, 2021-2030
Connectivity
- On-Grid
- Off-Grid
Axis
- Horizontal Axis
- Vertical Axis
Application
- Residential
- Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
- Commercial
Location
- Onshore
- Offshore
13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- ABB Ltd
- Acciona Windpower SA
- American Electric Power Company, Inc.
- China Longyuan Power Group Corporation Ltd
- Dongfang Electric Corporation Ltd
- Enel Green Power S.p.A.
- ENERCON GmbH
- Envision Energy Limited
- Eurus Energy Holdings Corporation
- General Electric Company
- Ming Yang Smart Energy Group Ltd.
- NextEra Energy Resources, LLC
- Nordex SE
- Pacific Hydro Pty Limited
- Wind World (India) Ltd
14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Connectivity
• On-Grid
• Off-Grid
Axis
• Horizontal Axis
• Vertical Axis
Application
• Residential
• Industrial
o Power Generation
o Telecommunications
o Agriculture
o Other Industries
• Commercial
Location
• Onshore
• Offshore
The global Wind Power Market is one of the lucrative growth markets, poised to register a 7.6% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
ABB Ltd, Acciona Windpower SA, American Electric Power Company, Inc., China Longyuan Power Group Corporation Ltd, Dongfang Electric Corporation Ltd, Enel Green Power S.p.A., ENERCON GmbH, Envision Energy Limited, Eurus Energy Holdings Corporation, General Electric Company, Ming Yang Smart Energy Group Ltd., NextEra Energy Resources, LLC, Nordex SE, Pacific Hydro Pty Limited, Wind World (India) Ltd
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume