Global Wind Turbine Market Report 2025

Wind Turbine Global Market Report 2025 – By Component (Rotator Blade, Gearbox, Generator, Nacelle, Other Components), By Axis Type (Horizontal, Vertical), By Location of Deployment (Onshore, Offshore), By Connectivity Type (Grid Connected, Stand Alone), By Application (Industrial, Commercial, Residential, Utility) – Market Size, Trends, And Global Forecast 2025-2034

Wind Turbine Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Wind Turbine Global Market Report 2025

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Wind Turbine Market Definition

The wind turbine refers to a power-generating device that has been driven by the kinetic energy of the wind. A wind turbine turns wind energy into electricity using the aerodynamic force of the rotor blades, which work like an airplane wing or helicopter rotor blade. When wind flows across the blade, the air pressure on one side of the blade will decrease.

The main types of wind turbines are the rotator blade, gearbox, generator, Nacelle, and others. Rotor blades are the most important parts of a wind turbine for the performance and cost of the wind power system. The shape of the rotor blades has a direct impact on performance as IT will determine the conversion of kinetic energy related to the wind to mechanical energy. The axis of a wind turbine is horizontal and vertical and can be deployed onshore and offshore. They can be grid-connected or stand-alone for industrial, commercial, residential, and utility applications.

Wind Turbine Market Segmentation

The wind turbine market covered in this report is segmented –

1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components

2) By Axis Type: Horizontal, Vertical

3) By Location Of Deployment: Onshore, Offshore

4) By Connectivity Type: Grid Connected, Stand Alone

5) By Application: Industrial, Commercial, Residential, Utility

Subsegments:

1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades

2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox

3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators

4) By Nacelle: Housing Components, Cooling Systems, Control Systems

5) By Other Components: Tower, Yaw System, Pitch Control System

Wind Turbine Market Size and growth rate 2025 to 2029: Graph

Wind Turbine Market Size 2025 And Growth Rate

The wind turbine market size has grown rapidly in recent years. It will grow from $163.16 billion in 2024 to $180.58 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to renewable energy policies, energy transition and sustainability goals, cost competitiveness, global energy demand, environmental awareness.

Wind Turbine Market Growth Forecast

The wind turbine market size is expected to see strong growth in the next few years. It will grow to $262.07 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to growing accelerated energy transition, government incentives and subsidies, technological advancements in turbines, energy storage integration, global climate agreements. Major trends in the forecast period include focus on sustainable materials and recycling, development of hybrid renewable energy systems, community and local participation in wind projects, cost reduction and competitive auctions for wind projects, global expansion of wind energy markets.

Wind Turbine Market Driver: Exploring The Surge In Demand For Renewable Energy With Wind Turbines

Increasing demand for renewable energy sources is contributing to the growth of the wind turbine market. A renewable energy source refers to an energy source that is repeatedly replenished without running out. Most of this energy will come from fossil fuels like coal, oil, and natural gas. The wind is a renewable energy source. Overall, using wind to produce energy has fewer effects on the environment than other energy sources. Wind turbines will not release emissions that will pollute the air or water and they do not require water for cooling. Wind turbines will also reduce the amount of electricity generated from fossil fuels, which results in lower total air pollution and carbon dioxide emissions. For instance, in January 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2022, power generation from solar photovoltaic systems reached a record 270 TWh, up 26% from 2021. After wind and hydropower, solar PV is still the third-largest renewable electricity technology, producing 4.5% of the world's total electricity. Therefore, Increasing demand for renewable energy sources drives the growth of the wind turbine market.

Wind Turbine Market Driver: Rising Urbanization Fuels The Growth Of The Wind Turbine Market

The increasing urbanization is expected to propel the growth of the wind turbine market going forward. Urbanization refers to the process of a population shifting from rural areas to urban or metropolitan areas, leading to the growth and expansion of cities. Wind turbines play a significant role in urbanization by contributing to sustainable and renewable energy solutions such as renewable energy generation, on-site power generation, street lighting systems and public spaces. For instance, in April 2023, according to The World Bank, a US-based international financial organization, as of 2023 approximately 56% of the total world population lives in urban areas. The global urban population is projected to grow by 1.5 times, reaching 6 billion by the year 2045. Therefore, increasing urbanization is driving the growth of the wind turbine market.

Global Wind Turbine Market Major Players

Major companies operating in the wind turbine market include Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc.

Global Wind Turbine Market Trend: Technological Advancements Transforming The Wind Turbine Landscape

Technological enhancements are a key trend gaining popularity in the wind turbine market. The technology on the offshore direct drive platform allows for the re-use of most components from previous generations. For instance, in September 2022, Vestas, a Danish manufacturer of wind turbines, launched an onshore wind turbine tower with a hub height measuring 199 meters, the world’s tallest onshore tower. It is designed to be used by Vestas’ V172-7.2MW turbine.

Global Wind Turbine Market Trend: Industry Players Unveiling Next-Gen Wind Turbine Platforms

Major companies operating in the wind turbine market are focused on developing innovative solutions such as wind turbine platforms. Wind turbine platform typically refers to the specific design, structure, and technology used in the development of wind turbines. For instance, in July 2022, WEG Industries, a Brazil-based electric motor manufacturing company launched the ‘7 MW wind turbine’ platform. It is designed for optimal reliability, ease of operation, and simplified maintenance. It aims to maximize energy production and enhance the return on investment for its customers. It is integrated with Medium-Speed Geared (MSG) drive technology that provides smooth interconnection to the electrical grid.

Wind Turbine Market Merger And Acquisition: Ryse Energy Fortifies Global Presence With Primus Wind Power Acquisition

In July 2023, Ryse Energy, a United Arab Emirates-based global leader in renewable energy systems acquired Primus Wind Power for an undisclosed amount. Through this acquisition, Ryse Energy aims to expand its global footprint in America and diversify its small turbine product portfolio. With this acquisition, both companies look forward to broadening their customer base for microturbine products. Primus Wind Power is a US-based micro wind turbine manufacturer that offers portable wind power turbines and air breeze turbines.

Regional Outlook For The Global Wind Turbine Market

Asia-Pacific was the largest region in the wind turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wind turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

What Defines the Wind Turbine Market?

The wind turbine market consists of sales of single blade horizontal-axis turbines, two-blade horizontal-axis turbine, three-blade horizontal-axis turbines. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Wind Turbine Industry?

The wind turbine market research report is one of a series of new reports from The Business Research Company that provides wind turbine market statistics, including wind turbine industry global market size, regional shares, competitors with a wind turbine market share, detailed wind turbine market segments, market trends and opportunities, and any further data you may need to thrive in the wind turbine industry. This wind turbine 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 Turbine Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $180.58 billion
Revenue Forecast In 2034 $262.07 billion
Growth Rate CAGR of 9.8% from 2024 to 2033
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components
2) By Axis Type: Horizontal, Vertical
3) By Location Of Deployment: Onshore, Offshore
4) By Connectivity Type: Grid Connected, Stand Alone
5) By Application: Industrial, Commercial, Residential, Utility Subsegments: 1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades
2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox
3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators
4) By Nacelle: Housing Components, Cooling Systems, Control Systems
5) By Other Components: Tower, Yaw System, Pitch Control System
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 are 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 Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Wind Turbine Market Characteristics

    3. Wind Turbine Market Trends And Strategies

    4. Wind Turbine Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Wind Turbine Growth Analysis And Strategic Analysis Framework

    5.1. Global Wind Turbine PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Wind Turbine Market Growth Rate Analysis

    5.4. Global Wind Turbine Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Wind Turbine Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Wind Turbine Total Addressable Market (TAM)

    6. Wind Turbine Market Segmentation

    6.1. Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Rotator Blade

    Gearbox

    Generator

    Nacelle

    Other Components

    6.2. Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Horizontal

    Vertical

    6.3. Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Onshore

    Offshore

    6.4. Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Grid Connected

    Stand Alone

    6.5. Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Industrial

    Commercial

    Residential

    Utility

    6.6. Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Composite Blades

    Steel Blades

    Carbon Fiber Blades

    6.7. Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Planetary Gearbox

    Helical Gearbox

    Spur Gearbox

    6.8. Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Synchronous Generators

    Asynchronous Generators

    Permanent Magnet Generators

    6.9. Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Housing Components

    Cooling Systems

    Control Systems

    6.10. Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Tower

    Yaw System

    Pitch Control System

    7. Wind Turbine Market Regional And Country Analysis

    7.1. Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Wind Turbine Market

    8.1. Asia-Pacific Wind Turbine Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Wind Turbine Market

    9.1. China Wind Turbine Market Overview

    9.2. China Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Wind Turbine Market

    10.1. India Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Wind Turbine Market

    11.1. Japan Wind Turbine Market Overview

    11.2. Japan Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Wind Turbine Market

    12.1. Australia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Wind Turbine Market

    13.1. Indonesia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Wind Turbine Market

    14.1. South Korea Wind Turbine Market Overview

    14.2. South Korea Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Wind Turbine Market

    15.1. Western Europe Wind Turbine Market Overview

    15.2. Western Europe Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Wind Turbine Market

    16.1. UK Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Wind Turbine Market

    17.1. Germany Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Wind Turbine Market

    18.1. France Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Wind Turbine Market

    19.1. Italy Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Wind Turbine Market

    20.1. Spain Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Wind Turbine Market

    21.1. Eastern Europe Wind Turbine Market Overview

    21.2. Eastern Europe Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Wind Turbine Market

    22.1. Russia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Wind Turbine Market

    23.1. North America Wind Turbine Market Overview

    23.2. North America Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Wind Turbine Market

    24.1. USA Wind Turbine Market Overview

    24.2. USA Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Wind Turbine Market

    25.1. Canada Wind Turbine Market Overview

    25.2. Canada Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Wind Turbine Market

    26.1. South America Wind Turbine Market Overview

    26.2. South America Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Wind Turbine Market

    27.1. Brazil Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Wind Turbine Market

    28.1. Middle East Wind Turbine Market Overview

    28.2. Middle East Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Wind Turbine Market

    29.1. Africa Wind Turbine Market Overview

    29.2. Africa Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Wind Turbine Market Competitive Landscape And Company Profiles

    30.1. Wind Turbine Market Competitive Landscape

    30.2. Wind Turbine Market Company Profiles

    30.2.1. Clipper Windpower A/S Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Suzlon Energy Limited Overview, Products and Services, Strategy and Financial Analysis

    31. Wind Turbine Market Other Major And Innovative Companies

    31.1. CRRC Group Corporation

    31.2. Eaton Corporation plc

    31.3. Shanghai Electric Group Co. Ltd.

    31.4. Vestas Wind Systems A/S

    31.5. Sany Heavy Industry Co. Ltd.

    31.6. Gamesa Electric

    31.7. Dongfang Electric Corporation

    31.8. Nordex SE

    31.9. Goldwind Science and Technology Co. Ltd.

    31.10. Ming Yang Smart Energy Group Co. Ltd.

    31.11. Guodian United Power Technology Co. Ltd.

    31.12. Bilfinger Offshore Wind Energy GmbH

    31.13. Zhejiang Windey Co. Ltd.

    31.14. Envision Energy

    31.15. LM Windpower A/S

    32. Global Wind Turbine Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Wind Turbine Market

    34. Recent Developments In The Wind Turbine Market

    35. Wind Turbine Market High Potential Countries, Segments and Strategies

    35.1 Wind Turbine Market In 2029 - Countries Offering Most New Opportunities

    35.2 Wind Turbine Market In 2029 - Segments Offering Most New Opportunities

    35.3 Wind Turbine Market In 2029 - 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, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Asia-Pacific, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: China, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: India, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Japan, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Australia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Indonesia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: South Korea, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Western Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: UK, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Germany, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: France, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Italy, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Spain, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Eastern Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: Russia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: North America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: USA, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Canada, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: South America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Brazil, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Middle East, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Africa, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 81: Clipper Windpower A/S Financial Performance
  • Table 82: Hitachi Ltd. Financial Performance
  • Table 83: Siemens AG Financial Performance
  • Table 84: General Electric Company Financial Performance
  • Table 85: Suzlon Energy Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Asia-Pacific, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: China, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: India, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Japan, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Australia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Indonesia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: South Korea, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Western Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: UK, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Germany, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: France, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Italy, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Spain, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Eastern Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: Russia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: North America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: USA, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Canada, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: South America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Brazil, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Middle East, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Africa, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 81: Clipper Windpower A/S Financial Performance
  • Figure 82: Hitachi Ltd. Financial Performance
  • Figure 83: Siemens AG Financial Performance
  • Figure 84: General Electric Company Financial Performance
  • Figure 85: Suzlon Energy Limited Financial Performance
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Frequently Asked Questions

What is the definition of the Wind Turbine market?

The wind turbine refers to a power-generating device that has been driven by the kinetic energy of the wind. A wind turbine turns wind energy into electricity using the aerodynamic force of the rotor blades, which work like an airplane wing or helicopter rotor blade. When wind flows across the blade, the air pressure on one side of the blade will decrease. For further insights on the Wind Turbine market, request a sample here

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

The Wind Turbine market major growth driver - Exploring The Surge In Demand For Renewable Energy With Wind Turbines. For further insights on the Wind Turbine market, request a sample here

What is the forecast market size or the forecast market value of the Wind Turbine market?

The Wind Turbine market size has grown strongly in recent years. The wind turbine market size has grown rapidly in recent years. It will grow from $163.16 billion in 2024 to $180.58 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to renewable energy policies, energy transition and sustainability goals, cost competitiveness, global energy demand, environmental awareness. The wind turbine market size is expected to see strong growth in the next few years. It will grow to $262.07 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to growing accelerated energy transition, government incentives and subsidies, technological advancements in turbines, energy storage integration, global climate agreements. Major trends in the forecast period include focus on sustainable materials and recycling, development of hybrid renewable energy systems, community and local participation in wind projects, cost reduction and competitive auctions for wind projects, global expansion of wind energy markets. For further insights on the Wind Turbine market, request a sample here

How is the Wind Turbine market segmented?

The wind turbine market covered in this report is segmented –
1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components
2) By Axis Type: Horizontal, Vertical
3) By Location Of Deployment: Onshore, Offshore
4) By Connectivity Type: Grid Connected, Stand Alone
5) By Application: Industrial, Commercial, Residential, Utility Subsegments:
1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades
2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox
3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators
4) By Nacelle: Housing Components, Cooling Systems, Control Systems
5) By Other Components: Tower, Yaw System, Pitch Control System For further insights on the Wind Turbine market,
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Which region has the largest share of the Wind Turbine market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the wind turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wind turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Wind Turbine market, request a sample here.

Who are the major players in the Wind Turbine market?

Major companies operating in the wind turbine market include Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc. . For further insights on the Wind Turbine market, request a sample here.

What are the key trends in the Wind Turbine market?

Major trends in the Wind Turbine market include Technological Advancements Transforming The Wind Turbine Landscape. For further insights on the Wind Turbine market, request a sample here.

What are the major opportunities in the Wind Turbine market? What are the strategies for the Wind Turbine market?

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How does the Wind Turbine market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Wind Turbine industry?

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What are the key dynamics influencing the Wind Turbine market growth? SWOT analysis of the Wind Turbine market.

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