Global Wind Turbine Generators Market Growth 2024-2030

Global Wind Turbine Generators Market Growth 2024-2030

The global Wind Turbine Generators market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Wind Turbine Generators Industry Forecast” looks at past sales and reviews total world Wind Turbine Generators sales in 2023, providing a comprehensive analysis by region and market sector of projected Wind Turbine Generators sales for 2024 through 2030. With Wind Turbine Generators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Turbine Generators industry.

This Insight Report provides a comprehensive analysis of the global Wind Turbine Generators 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 Turbine Generators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wind Turbine Generators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Turbine Generators and breaks down the forecast by Type, 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 Turbine Generators.

According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.

This report presents a comprehensive overview, market shares, and growth opportunities of Wind Turbine Generators market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Horizontal Axis Wind Turbine
Vertical Axis Wind Turbine

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.
Northern Power Systems
Ghrepower
Tozzi Nord Srl
Primus Wind Power
Ningbo WinPower
Xzeres Wind
ENESSERE SRL
Bergey wind power
Oulu
Eocycle
S&W Energy Systems
HY Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wind Turbine Generators market?

What factors are driving Wind Turbine Generators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wind Turbine Generators market opportunities vary by end market size?

How does Wind Turbine Generators break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.