North America Wind Power Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The North America wind power market is expected to register a CAGR of approximately 7.34% during the forecast period. Major factors attributing to the growth include the favorable government policies, the increasing investment in wind power projects, and the reduced cost of wind energy, which led to increased adoption of wind energy, thereby positively contributing to the demand for wind energy. Moreover, as countries are becoming increasingly concerned about climate change and the role of renewable energy in curtailing it, wind power is expected to increase its share in the North American market. The increasing adoption of alternate energy sources, such as gas-based power and solar power, is likely to hinder the market growth in the region.
Key HighlightsSome of the key players in the North American wind power market includes Acciona Energia SA, Orsted AS, DUnited Kingdome Energy Corportation, General Electric Company, and Siemens Gamesa Renewable Energy, NextEra Energy Inc., Trident Winds Inc., EnBW Energie Baden-Wurttemberg AG, Envision Energy, and Vestas Wind Systems AS.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook