Global Wind Power Generation Market Growth 2023-2029
Wind power generation means getting the electrical energy by converting wind energy into rotating energy of the blades and converting that rotating energy into electrical energy by the generator. Wind power or wind energy is the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission network.
LPI (LP Information)' newest research report, the “Wind Power Generation Industry Forecast” looks at past sales and reviews total world Wind Power Generation sales in 2022, providing a comprehensive analysis by region and market sector of projected Wind Power Generation sales for 2023 through 2029. With Wind Power Generation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Power Generation industry.
This Insight Report provides a comprehensive analysis of the global Wind Power Generation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wind Power Generation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wind Power Generation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Power Generation and breaks down the forecast by power, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wind Power Generation.
The global Wind Power Generation market size is projected to grow from US$ 64090 million in 2022 to US$ 83420 million in 2029; it is expected to grow at a CAGR of 83420 from 2023 to 2029.
Global key wind power generation 核心厂商 Vestas, GE, Siemens Gamesa etc. The top 3 companies hold a share about 60%. Asia is the largest market, with a share about 55%, followed by NAFTZ and Europe with the share about 17% and 15%. In terms of product, 2.X MW wind power generation is the largest segment, with a share over 47%. And in terms of application, the largest application is onshore, followed by offshore.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Power Generation market by product power, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by power
1.5 MW
2.0 MW
2.X MW
3.X MW
4-6.X MW
7 MW and Above
Segmentation by application
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vestas
Goldwind
GE
Envision
Siemens Gamesa
Mingyang Smart Energy
Shanghai Electric
Nordex
Windey
CRRC Wind Power
Sany Renewable Energy
CSSC Haizhuang
Dongfang Electric
Guodian United Power
ENERCON
Suzlon
Huayi Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wind Power Generation market?
What factors are driving Wind Power Generation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wind Power Generation market opportunities vary by end market size?
How does Wind Power Generation break out power, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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