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Wind Turbines Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Key Players and Forecast, 2023-2028

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from $3,995 254 Pages GlobalData January, 2025 GBDT19677241
Best Price Guarantee
Price from $3,995
Length 254 Pages
Publisher GlobalData
Published Date January, 2025
SKU GBDT19677241

Wind Turbines Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Key Players and Forecast, 2023-2028

Summary

GlobalData's latest report Wind Turbines Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Key Players and Forecast, 2023-2028 offers comprehensive information and understanding of the global wind turbine market. The report offers in-depth analysis of the wind turbine market at global, regional (Americas, Asia-Pacific, and Europe Middle East and Africa) and key countries (the US, Canada, Brazil, China, India, Australia, Germany, the UK, and Spain) level.
The report analyzes the wind turbine market value and capacity for the historical (2019-2023) and forecast (2024-2028) periods as well as country wise drivers and restraints affecting the market. The report also provides detailed information about key policies and regulations, the competitive landscape for 2023, major upcoming projects, deals and contracts for each country. The report also outlines the major trends globally, along with the profiles of major global wind turbine manufacturers.
The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts.

Scope

The report analyzes the wind turbine market. Its scope includes -

  • Analysis of the wind turbine market trends with a focus on market value and capacity at the global and regional level (Americas, Asia-Pacific, and Europe Middle East and Africa).
  • The report provides market analysis for the key countries of the US, Canada, Brazil, China, India, Australia, Germany, the UK, and Spain.
  • In addition, the market capacity and value for the key markets are assessed over the historical (2019-2023) and forecast (2024-2028) periods.
  • The report provides the competitive landscape for 2023, recent deals, contracts signed, major upcoming projects for each country.
  • Market drivers and restraints along with their impact on the market and key policies and regulatory environment are also discussed.
  • The report also outlines the major trends globally, along with the profiles of major global wind turbine manufacturers.
Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Facilitate decision-making by analyzing historical and forecast data of the wind turbine market.
  • Develop strategies based on developments in the market.
  • Identify key partners and business-development avenues, based on an understanding of the activities of major competitors in the market.
  • Respond to your competitors’ business structure, strategies and prospects.


  • About GlobalData
  • Executive Summary
    • Global Wind Turbine Market Aggregate Installation Likely to Reach 760.20GW by 2028, led by Asia-Pacific.
      • Table Figure 1: Wind Turbines, Region-Wise Aggregate Forecast Installations (GW), 2024–2028
    • China, the UK, and the US to Lead Aggregate Offshore Wind Turbine Installations by 2028
      • Table Figure 2: Wind Turbines, Top Countries, Offshore Wind Turbines Market Snapshot, 2023, 2028 and 2024–2028
  • Introduction
    • Wind Turbine Definition
    • Wind Turbine Classification
    • Wind Turbines, Value Chain
      • Table Figure 3: Wind Turbines, Value Chain Analysis
    • Wind Turbines, Key Components
    • Wind Turbines, Cost-Component Analysis
      • Table Wind Turbines, Global, Cost Component Share (%), 2020
    • Wind Turbines, Supply Chain
      • Table Figure 4: Wind Turbines, Value Chain Activities
    • Wind Turbines, GlobalData Report Guidance
  • Wind Turbines, Global
    • Wind Power Market, Global
      • Table Wind Turbines, Global, Types of Auctions in Renewable Energy Sector
    • Wind Turbines, Global, Market Volume by Installations, 2019–2028
      • Table Figure 5: Wind Turbines, Global, Onshore and Offshore (%), 2019–2028
      • Table Wind Turbines, Global, Market Volume by Installations (GW), 2019–2028
    • Wind Turbines, Global, Onshore and Offshore Capacity by Turbine Size, 2019–2028
      • Table Figure 6: Wind Turbines, Global, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Global, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
    • Wind Turbines, Global, Market Value by Technology, 2019– 2028
      • Table Figure 7: Wind Turbines, Global, Market Value by Technology ($bn), 2019–2028
      • Table Wind Turbines, Global, Market Value by Technology ($bn), 2019–2028
    • Wind Turbines, Global, Competitive Landscape, 2023
      • Table Figure 8: Wind Turbines, Global, Competitive Landscape (%), 2023
      • Table Wind Turbines, Global, Competitive Landscape (%), 2023
    • Wind Turbines, Global, Major Trends
  • Wind Turbines, Americas
    • Wind Power Market, Americas
    • Wind Turbines, Americas, Market Volume by Installations, 2019–2028
      • Table Figure 9: Wind Turbines, Americas, Onshore and Offshore (%), 2019–2028
      • Table Wind Turbines, Americas, Market Volume by Installations (GW), 2019–2028
    • Wind Turbines, Americas, Onshore and Offshore Capacity by Turbine Size, 2019–2028
      • Table Figure 10: Wind Turbines, Americas, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Americas, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
    • Wind Turbines, Americas, Market Value by Technology, 2019–2028
      • Table Figure 11: Wind Turbines, Americas, Market Value by Technology ($bn), 2019–2028
      • Table Wind Turbines, Americas, Market Value by Technology ($bn), 2019–2028
  • Wind Turbines, US
    • Wind Power Market, US
    • Wind Turbines, US, Key Policies and Regulatory Environment
      • Table Wind Turbines, Renewable Energy Project Tax Components and changes with new tax code, US
      • Table Renewable Energy Market, US, Investment Tax Credit
      • Table Renewable Energy Market, US, Green Power Purchasing Goal (%), 2018–2025
    • Wind Turbines, US, Market Drivers and Restraints
    • Wind Turbines, US, Market Size Analysis
      • Table Figure 12: Wind Turbines, US, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, US, Market Volume by Installations (MW), 2019–2028
      • Table Figure 13: Wind Turbines, US, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, US, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 14: Wind Turbines, US, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, US, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, US, Competitive Landscape, 2023
      • Table Figure 15: Wind Turbines, US, Competitive Landscape (%), 2023
      • Table Wind Turbines, US, Competitive Landscape (%), 2023
    • Wind Turbines, US, Major Deals
      • Table Wind Turbines, US, Deals
    • Wind Turbines, US, Contracts
      • Table Wind Turbines, US, Contracts
    • Wind Turbines, US, Major Upcoming Projects
      • Table Wind Turbines, US, Major Upcoming Projects
  • Wind Turbines, Canada
    • Wind Power Market, Canada
    • Wind Turbines, Canada, Key Policies and Regulatory Environment
      • Table Wind Turbines, Renewable Energy Targets, Federal and Provincial, Canada
    • Wind Turbines, Canada, Market Drivers and Restraints
    • Wind Turbines, Canada, Market Size Analysis
      • Table Figure 16: Wind Turbines, Canada, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, Canada, Market Volume by Installations (MW), 2019–2028
      • Table Figure 17: Wind Turbines, Canada, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Canada, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 18: Wind Turbines, Canada, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, Canada, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, Canada, Competitive Landscape, 2023
      • Table Figure 19: Wind Turbines, Canada, Competitive Landscape (%), 2023
      • Table Wind Turbines, Canada, Competitive Landscape (%), 2023
    • Wind Turbines, Canada, Major Deals
      • Table Wind Turbines, Canada, Deals
    • Wind Turbines, Canada, Contracts
      • Table Wind Turbines, Canada, Contracts
    • Wind Turbines, Canada, Major Upcoming Projects
      • Table Wind Turbines, Canada, Major Upcoming Projects
  • Wind Turbines, Brazil
    • Wind Power Market, Brazil
    • Wind Turbines, Brazil, Key Policies and Regulatory Environment
      • Table Wind Turbines, Policy Snapshot, Brazil, 2023
    • Wind Turbines, Brazil, Market Drivers and Restraints
    • Wind Turbines, Brazil, Market Size Analysis
      • Table Figure 20: Wind Turbines, Brazil, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, Brazil, Market Volume by Installations (MW), 2019–2028
      • Table Figure 21: Wind Turbines, Brazil, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Brazil, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 22: Wind Turbines, Brazil, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, Brazil, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, Brazil, Competitive Landscape, 2023
      • Table Figure 23: Wind Turbines, Brazil, Competitive Landscape (%), 2023
      • Table Wind Turbines, Brazil, Competitive Landscape (%), 2023
    • Wind Turbines, Brazil, Major Deals
      • Table Wind Turbines, Brazil, Deals
    • Wind Turbines, Brazil, Contracts
      • Table Wind Turbines, Brazil, Contracts
    • Wind Turbines, Brazil, Major Upcoming Projects
      • Table Wind Turbines, Brazil, Major Upcoming Projects
  • Wind Turbines, Asia-Pacific
    • Wind Power Market, Asia-Pacific
    • Wind Turbines, Asia-Pacific, Market Volume by Installations, 2019–2028
      • Table Figure 24: Wind Turbines, Asia-Pacific, Onshore and Offshore (%), 2019–2028
      • Table Wind Turbines, Asia-Pacific, Market Volume by Installations (GW), 2019–2028
    • Wind Turbines, Asia-Pacific, Onshore and Offshore Capacity by Turbine Size, 2019–2028
      • Table Figure 25: Wind Turbines, Asia-Pacific, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Asia-Pacific, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
    • Wind Turbines, Asia-Pacific, Market Value by Technology, 2019–2028
      • Table Figure 26: Wind Turbines, Asia-Pacific, Market Value by Technology ($bn), 2019–2028
      • Table Wind Turbines, Asia-Pacific, Market Value by Technology ($bn), 2019–2028
  • Wind Turbines, China
    • Wind Power Market, China
    • Wind Turbines, China, Key Policies and Regulatory Environment
      • Table Wind Turbines, Policy Snapshot, China, 2022
      • Table Renewable Energy Law, China, Major Regulations
    • Wind Turbines, China, Market Drivers and Restraints
    • Wind Turbines, China, Market Size Analysis
      • Table Figure 27: Wind Turbines, China, Market Volume by Installations (GW), 2019–2028
      • Table Wind Turbines, China, Market Volume by Installations (GW), 2019–2028
      • Table Figure 28: Wind Turbines, China, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, China, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 29: Wind Turbines, China, Market Value by Technology ($bn), 2019–2028
      • Table Wind Turbines, China, Market Value by Technology ($bn), 2019–2028
    • Wind Turbines, China, Competitive Landscape, 2023
      • Table Figure 30: Wind Turbines, China, Competitive Landscape (%), 2023
      • Table Wind Turbines, China, Competitive Landscape (%), 2023
    • Wind Turbines, China, Major Deals
      • Table Wind Turbines, China, Deals
    • Wind Turbines, China, Contracts
      • Table Wind Turbines, China, Contracts
    • Wind Turbines, China, Major Upcoming Projects
      • Table Wind Turbines, China, Major Upcoming Projects
  • Wind Turbines, India
    • Wind Power Market, India
    • Wind Turbines, India, Key Policies and Regulatory Environment
      • Table Wind Turbines, Policy Snapshot, India, 2023
      • Table Wind Turbines, Renewable energy market, India, state-wise renewable energy targets vs actuals, 2022
      • Table Renewable Energy Market, India, Renewable Purchase Obligation (%), 2023-2030
      • Table SECI 1.2GW ISTS Wind Solar Hybrid Power (Tranche-VI) Auction Results
      • Table ISTS waiver of Offshore Wind Power projects
      • Table ISTS waiver of Green Hydrogen and Green Ammonia projects
      • Table SECI 1.2GW Wind T-XIV Auction Results
      • Table Indicative Auction Tracjectory for Offshore Wind Power
      • Table Renewable Energy Auctions, India, 2018-2023
    • Wind Turbines, India, Market Drivers and Restraints
    • Wind Turbines, India, Market Size Analysis
      • Table Figure 31: Wind Turbines, India, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, India, Market Volume by Installations (MW), 2019–2028
      • Table Figure 32: Wind Turbines, India, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, India, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 33: Wind Turbines, India, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, India, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, India, Competitive Landscape, 2023
      • Table Figure 34: Wind Turbines, India, Competitive Landscape (%), 2023
      • Table Wind Turbines, India, Competitive Landscape (%), 2023
    • Wind Turbines, India, Major Deals
      • Table Wind Turbines, India, Deals
    • Wind Turbines, India, Contracts
      • Table Wind Turbines, India, Contracts
    • Wind Turbines, India, Major Upcoming Projects
      • Table Wind Turbines, India, Major Upcoming Projects
  • Wind Turbines, Australia
    • Wind Power Market, Australia
    • Wind Turbines, Australia, Key Policies and Regulatory Environment
      • Table Wind Turbines, New Large-scale Renewable Energy Target, Annual Targets, Australia (TWh), 2015–2030
    • Wind Turbines, Australia, Market Drivers and Restraints
    • Wind Turbines, Australia, Market Size Analysis
      • Table Figure 35: Wind Turbines, Australia, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, Australia, Market Volume by Installations (MW), 2019–2028
      • Table Figure 36: Wind Turbines, Australia, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Australia, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 37: Wind Turbines, Australia, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, Australia, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, Australia, Competitive Landscape, 2023
      • Table Figure 38: Wind Turbines, Australia, Competitive Landscape (%), 2023
      • Table Wind Turbines, Australia, Competitive Landscape (%), 2023
    • Wind Turbines, Australia, Major Deals
      • Table Wind Turbines, Australia, Deals
    • Wind Turbines, Australia, Contracts
      • Table Wind Turbines, Australia, Contracts
    • Wind Turbines, Australia, Major Upcoming Projects
      • Table Wind Turbines, Australia, Major Upcoming Projects
  • Wind Turbines, EMEA
    • Wind Power Market, EMEA
    • Wind Turbines, EMEA, Market Volume by Installations, 2019–2028
      • Table Figure 39: Wind Turbines, EMEA, Onshore and Offshore (%), 2019–2028
      • Table Wind Turbines, EMEA, Market Volume by Installations (GW), 2019–2028
    • Wind Turbines, EMEA, Onshore and Offshore Capacity by Turbine Size, 2019–2028
      • Table Figure 40: Wind Turbines, EMEA, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, EMEA, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
    • Wind Turbines, EMEA, Market Value by Technology, 2019– 2028
      • Table Figure 41: Wind Turbines, EMEA, Market Value by Technology ($bn), 2019–2028
      • Table Wind Turbines, EMEA, Market Value by Technology ($bn), 2019–2028
  • Wind Turbines, Germany
    • Wind Power Market, Germany
    • Wind Turbines, Germany, Key Policies and Regulatory Environment
      • Table Wind Turbines, Renewable Energy Targets, Germany, 2030
      • Table Onshore Auction Results, Germany, 2018 - 2024
      • Table Offshore Auction Results, Germany, 2017 - 2024
      • Table Germany, Joint Auction Results, 2018-2024
    • Wind Turbines, Germany, Market Drivers and Restraints
    • Wind Turbines, Germany, Market Size Analysis
      • Table Figure 42: Wind Turbines, Germany, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, Germany, Market Volume by Installations (MW), 2019–2028
      • Table Figure 43: Wind Turbines, Germany, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Germany, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 44: Wind Turbines, Germany, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, Germany, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, Germany, Competitive Landscape, 2023
      • Table Figure 45: Wind Turbines, Germany, Competitive Landscape (%), 2023
      • Table Wind Turbines, Germany, Competitive Landscape (%), 2023
    • Wind Turbines, Germany, Major Deals
      • Table Wind Turbines, Germany, Deals
    • Wind Turbines, Germany, Contracts
      • Table Wind Turbines, Germany, Contracts
    • Wind Turbines, Germany, Major Upcoming Projects
      • Table Wind Turbines, Germany, Major Upcoming Projects
  • Wind Turbines, UK
    • Wind Power Market, UK
    • Wind Turbines, UK, Key Policies and Regulatory Environment
      • Table Renewable Obligation, Technology Eligibility, UK
      • Table Wind Turbines, Renewable Obligation, Technology Eligibility, UK
      • Table Wind Turbines, Renewable Obligation (ROC/MWh), UK, 2009–2023
      • Table Wind Turbines, Renewable Energy, CfD First Allocation Round Results, UK, 2015
      • Table Wind Turbines, Renewable Energy, CfD Second Allocation Round Results, UK, 2017
      • Table Wind Turbines, Renewable Energy, CfD Third Allocation Round Results, UK, 2019
      • Table Wind Turbines, Renewable Energy, CfD Fourth Allocation Round Results, UK, 2022
      • Table Renewable Energy, CfD Fifth Allocation Round Results, UK, 2023
      • Table Suppliers Rates for Smart Export Guarantee (1st April 2023 – 31st March 2024)
      • Table Smart Export Guarantee Tariff, UK, 2022
    • Wind Turbines, UK, Market Drivers and Restraints
    • Wind Turbines, UK, Market Size Analysis
      • Table Figure 46: Wind Turbines, UK, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, UK, Market Volume by Installations (MW), 2019–2028
      • Table Figure 47: Wind Turbines, UK, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, UK, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 48: Wind Turbines, UK, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, UK, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, UK, Competitive Landscape, 2023
      • Table Figure 49: Wind Turbines, UK, Competitive Landscape (%), 2023
      • Table Wind Turbines, UK, Competitive Landscape (%), 2023
    • Wind Turbines, UK, Major Deals
      • Table Wind Turbines, UK, Deals
    • Wind Turbines, UK, Contracts
      • Table Wind Turbines, UK, Contracts
    • Wind Turbines, UK, Major Upcoming Projects
      • Table Wind Turbines, UK, Major Upcoming Projects
  • Wind Turbines, Spain
    • Wind Power Market, Spain
    • Wind Turbines, Spain, Key Policies and Regulatory Environment
      • Table Wind Turbines, Main Objectives of the NECP, Spain, 2021-2030
      • Table Wind Turbines, Renewable Energy Auctions, Spain, 2016-2022
      • Table Wind Turbines, Funds allocated by IDAE by technology (in EURM), Spain, 2021-2030
    • Wind Turbines, Spain, Market Drivers and Restraints
    • Wind Turbines, Spain, Market Size Analysis
      • Table Figure 50: Wind Turbines, Spain, Market Volume by Installations (MW), 2019–2028
      • Table Wind Turbines, Spain, Market Volume by Installations (MW), 2019–2028
      • Table Figure 51: Wind Turbines, Spain, Onshore and Offshore Capacity by Turbine Size (%), 2019–2023, 2024–2028
      • Table Wind Turbines, Spain, Onshore and Offshore Capacity by Turbine Size (MW), 2019–2023, 2024–2028
      • Table Figure 52: Wind Turbines, Spain, Market Value by Technology ($m), 2019–2028
      • Table Wind Turbines, Spain, Market Value by Technology ($m), 2019–2028
    • Wind Turbines, Spain, Competitive Landscape, 2023
      • Table Figure 53: Wind Turbines, Spain, Competitive Landscape (%), 2023
      • Table Wind Turbines, Spain, Competitive Landscape (%), 2023
    • Wind Turbines, Spain, Major Deals
      • Table Wind Turbines, Spain, Deals
    • Wind Turbines, Spain, Contracts
      • Table Wind Turbines, Spain, Contracts
    • Wind Turbines, Spain, Major Upcoming Projects
      • Table Wind Turbines, Spain, Major Upcoming Projects
  • Wind Turbines, Major Company Profiles
    • Goldwind Science & Technology Co Ltd
      • Table Wind Turbines, Goldwind Science & Technology Co Ltd
    • Vestas Wind Systems AS
      • Table Wind Turbines, Vestas Wind Systems AS
    • GE Renewable Energy
      • Table Wind Turbines, GE Renewable Energy
    • Siemens Gamesa Renewable Energy SA
      • Table Wind Turbines, Siemens Gamesa Renewable Energy SA
    • Envision Energy Ltd
      • Table Wind Turbines, Envision Energy Ltd
  • Appendix
    • Abbreviations
      • Table Abbreviations
    • Bibliography
    • Research Methodology
      • Table Wind Turbines, Capacity Segment
      • Table Wind Turbines, Capacity Segment, Units
    • Research Methodology
  • Contact Us

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