Asia Pacific Wind Turbine Market Growth, Size, Trends Analysis- By Axis, By Installation, By Connectivity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Asia Pacific Wind Turbine Market Introduction and Overview
SPER Market Research’s report, titled “Asia Pacific Wind Turbine Market Size – By Axis, By Installation, By Connectivity – Regional Outlook, Competitive Strategies, and Segment Forecast to 2033,” predicts that the Asia Pacific wind turbine market will reach USD 119.44 billion by 2033, with a projected CAGR of 5.79%.
A wind turbine is a device that converts wind energy from kinetic to electrical form. Large blades fastened atop a tower make up this structure, which rotates in reaction to wind. This spin is what drives an energy-producing generator. Wind turbines are often placed in wind farms and range in size from small home units to large commercial ones.
The Asia-Pacific wind turbine industry was significantly impacted by the COVID-19 pandemic’s effects on supply chains and project schedule delays. Due to reduced manufacturing capacities and stalled installations, the introduction of lockdowns and limitations caused a brief decline in market growth. However, the crisis also brought greater attention to renewable energy as countries looked for a sustainable recovery.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Axis, By Installation, By Connectivity.
Regions covered Australia, China, India, Japan, South Korea, Rest of Asia-Pacific.
Companies Covered ENERCON GmbH, ENVISION GROUP, General Electric, Goldwind, Mingyang Smart Energy Group Co, Ltd.
Asia Pacific Wind Turbine Market Segmentation:
By Axis: Based on the By Axis, Asia Pacific Wind Turbine Market is segmented as; Horizontal, Vertical and Others.
By Installation: Based on the Installation, Asia Pacific Wind Turbine Market is segmented as; Onshore, Offshore and Others.
By Connectivity: Based on the Connectivity, Asia Pacific Wind Turbine Market is segmented as; Grid-connected, Stand Alone and Others.
By Region: This research also includes data for Australia, China, India, Japan, South Korea and Rest of Asia-Pacific.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Asia Pacific Wind Turbine Market.
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Asia Pacific Wind Turbine Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Wind Turbine Market
- 7. Asia Pacific Wind Turbine Market, By Axis (USD Million) 2020-2033
- 7.1. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Axis, 2020-2026
- 7.2. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Axis, 2027-2033
- 7.3. Horizontal
- 7.4. Vertical
- 7.5. Others
- 8. Asia Pacific Wind Turbine Market, By Installation (USD Million) 2020-2033
- 8.1. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Installation, 2020-2026
- 8.2. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Installation, 2027-2033
- 8.3. Onshore
- 8.4. Offshore
- 8.5. Others
- 9. Asia Pacific Wind Turbine Market, By Connectivity (USD Million) 2020-2033
- 9.1. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Connectivity, 2020-2026
- 9.2. Asia Pacific Wind Turbine Market Size, Share and Forecast, By Connectivity, 2027-2033
- 9.3. Grid-connected
- 9.4. Stand Alone
- 9.5. Others
- 10. Asia Pacific Wind Turbine Market Forecast, 2020-2033 (USD Million)
- 10.1. Asia Pacific Wind Turbine Market Size and Market Share
- 11. Asia Pacific Wind Turbine Market, By Region, 2020-2033 (USD Million)
- 11.1. Asia Pacific Wind Turbine Market Size and Market Share By Region (2020-2026)
- 11.2. Asia Pacific Wind Turbine Market Size and Market Share By Region (2027-2033)
- 11.3. Australia
- 11.4. China
- 11.5. India,
- 11.6. Japan
- 11.7. South Korea,
- 11.8. Rest of Asia-Pacific
- 12. Company Profile
- 12.1. ENERCON GmbH
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. ENVISION GROUP
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. General Electric
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Goldwind
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Mingyang Smart Energy Group Co., Ltd
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. ReGen Powertech
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Shanghai Electric
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Siemens Gamesa Renewable Energy, S.A
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Suzlon Energy Limited
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Others
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook