Wind Power Market
Global Industry Analysis and Forecast 2023-2030
Pages : 120
Base Year : 2022
Release Year : May 2024
Format :
Report ID: KR 145
Base Year
2022
Forecast Year
2023-2030
Historical Years
2018-2021
Market Value (2022)
USD 112.23 Billion
Forecasted Value (2030)
USD 278.43 Billion
CAGR (2023 - 2030)
13.67%
Fastest Growing Region (2023 - 2030)
North America
Largest Region
Asia-Pacific
By Location
Onshore, Offshore
By Application
Utility, Non-utility
TABLE OF CONTENT
1 INTRODUCTION OF THE GLOBAL WIND POWER MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach
4 GLOBAL WIND POWER MARKET OUTLOOK
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis
5 IMPACT OF RUSSIA-UKRAINE WAR
6 GLOBAL WIND POWER MARKET, BY LOCATION
6.1 Overview
6.2 Onshore
6.3 Offshore
7 GLOBAL WIND POWER MARKET, BY APPLICATION
7.1 Overview
7.2 Utility
7.3 Non-utility
8 GLOBAL WIND POWER MARKET, BY GEOGRAPHY
8.1 Overview
9 NORTH AMERICA
9.1 U.S.
9.2 Canada
9.3 Mexico
10 EUROPE
10.1 Germany
10.2 U.K.
10.3 France
10.4 Italy
10.5 Spain
10.6 Russia
10.7 Rest of Europe
11 ASIA PACIFIC
11.1 China
11.2 Japan
11.3 India
11.4 South Korea
11.5 Rest of Asia Pacific
12 MIDDLE EAST & AFRICA
12.1 GCC
12.2 South Africa
12.3 North Africa
12.4 Rest of Middle East & Africa
13 LATIN AMERICA
13.1 Brazil
13.2 Argentina
13.3 Rest of Latin America
14 GLOBAL WIND POWER MARKET COMPETITIVE LANDSCAPE
14.1 Overview
14.2 Key Developments
14.3 Key Strategic Developments
14.4 Company Market Ranking
14.5 Regional Footprint
14.6 Industry Footprint
15 COMPANY PROFILES
15.1 GE Wind
15.1.1 Key Facts
15.1.2 Financial Overview
15.1.3 Product Benchmarking
15.1.4 Recent Developments
15.1.5 Winning Imperatives
15.1.6 Current Focus & Strategies
15.1.7 Threat from competition
15.1.8 SWOT Analysis
15.2 DONG Energy
15.2.1 Key Facts
15.2.2 Financial Overview
15.2.3 Product Benchmarking
15.2.4 Recent Developments
15.2.5 Winning Imperatives
15.2.6 Current Focus & Strategies
15.2.7 Threat from competition
15.2.8 SWOT Analysis
15.3 NextEra Energy Inc.
15.3.1 Key Facts
15.3.2 Financial Overview
15.3.3 Product Benchmarking
15.3.4 Recent Developments
15.3.5 Winning Imperatives
15.3.6 Current Focus & Strategies
15.3.7 Threat from competition
15.3.8 SWOT Analysis
15.4 United Power
15.4.1 Key Facts
15.4.2 Financial Overview
15.4.3 Product Benchmarking
15.4.4 Recent Developments
15.4.5 Winning Imperatives
15.4.6 Current Focus & Strategies
15.4.7 Threat from competition
15.4.8 SWOT Analysis
15.5 Acciona, Nordex SE
15.5.1 Key Facts
15.5.2 Financial Overview
15.5.3 Product Benchmarking
15.5.4 Recent Developments
15.5.5 Winning Imperatives
15.5.6 Current Focus & Strategies
15.5.7 Threat from competition
15.5.8 SWOT Analysis
15.6 Sinovel Wind Group
15.6.1 Key Facts
15.6.2 Financial Overview
15.6.3 Product Benchmarking
15.6.4 Recent Developments
15.7 EDF Renewable Energy
15.7.1 Key Facts
15.7.2 Financial Overview
15.7.3 Product Benchmarking
15.7.4 Recent Developments
15.8 ReGen Powertech
15.8.1 Key Facts
15.8.2 Financial Overview
15.8.3 Product Benchmarking
15.8.4 Recent Developments
15.9 Vensys Energy
15.9.1 Key Facts
15.9.2 Financial Overview
15.9.3 Product Benchmarking
15.9.4 Recent Developments
15.10 ABB Limited
15.10.1 Key Facts
15.10.2 Financial Overview
15.10.3 Product Benchmarking
15.10.4 Recent Developments
LIST OF TABLES
TABLE 1 Global Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 2 Global Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 3 Global Wind Power Market Revenue, By Geography, 2020 – 2030 (USD Million)
TABLE 4 North America Wind Power Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 5 North America Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 6 North America Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 7 US Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 8 US Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 9 Canada Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 10 Canada Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 11 Mexico Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 12 Mexico Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 13 Europe Wind Power Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 14 Europe Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 15 Europe Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 16 Germany Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 17 Germany Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 18 France Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 19 France Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 20 U.K. Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 21 U.K. Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 22 Spain Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 23 Spain Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 24 Italy Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 25 Italy Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 26 Russia Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 27 Russia Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 28 Rest of Europe Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 29 Rest of Europe Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 30 Asia-Pacific Wind Power Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 31 Asia-Pacific Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 32 Asia-Pacific Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 33 China Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 34 China Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 35 Japan Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 36 Japan Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 37 India Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 38 India Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 39 South Korea Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 40 South Korea Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 41 Rest of Asia-Pacific Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 42 Rest of Asia-Pacific Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 43 Middle East and Africa Wind Power Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 44 Middle East and Africa Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 45 Middle East and Africa Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 46 GCC Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 47 GCC Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 48 North Africa Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 49 North Africa Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 50 South Africa Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 51 South Africa Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 52 Rest of Middle East & Africa Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 53 Rest of Middle East & Africa Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 54 Latin America Wind Power Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 55 Latin America Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 56 Latin America Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 57 Brazil Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 58 Brazil Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 59 Argentina Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 60 Argentina Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 61 Rest of Latin America Wind Power Market Revenue, By Location, 2020 – 2030 (USD Million)
TABLE 62 Rest of Latin America Wind Power Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 63 Company Market Ranking
TABLE 64 Regional Footprint
TABLE 65 Product Benchmarking
TABLE 66 Recent Developments
TABLE 67 Winning Imperatives
LIST OF FIGURES
FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Wind Power Market 2020-2030 (USD Million)
FIG. 4 Global Wind Power Market Geographical Analysis (CAGR %)
FIG. 5 Global Wind Power Absolute Market Opportunity (USD Million)
FIG. 6 Global Wind Power Market Attractiveness (USD Million)
FIG. 7 Global Wind Power Market, By Location, 2020-2030 (USD Million)
FIG. 8 Global Wind Power Market, By Application, 2020-2030 (USD Million)
FIG. 9 Research Methodology
FIG. 10 Research Process
FIG. 11 Bottom-Up Approach
FIG. 12 Top-Bottom Approach
FIG. 13 Market Dynamics Overview
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Value Chain Analysis
FIG. 16 Macroeconomic Analysis
FIG. 17 Global Wind Power Market Revenue Share, By Location, 2020 and 2030 (%)
FIG. 18 Global Wind Power Market Revenue Share, By Application, 2020 and 2030 (%)
FIG. 19 Global Wind Power Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 20 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 21 North America Wind Power Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 22 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 23 Europe Wind Power Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 25 Asia-Pacific Wind Power Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 27 Middle East & Africa Wind Power Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 29 Latin America Wind Power Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Key Strategic Development
FIG. 31 Key Facts
FIG. 32 Financial Overview
FIG. 33 SWOT Analysis
CHOOSE LICENCE TYPE
CUSTOMIZATION OFFERED
Additional Company Profiles- Additional Countries
- Cross Segment Analysis
- Regional Market Dynamics
- Country-Level Trend Analysis
- Competitive Landscape Customization
- Extended Forecast Years
- Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global Market is projected to reach USD 278.43 billion by 2030, growing at a CAGR of 13.67% from 2023 to 2030.
The global market was valued at USD 112.23 billion in 2022.
The major driving factor for the market growth is the increasing demand for renewable energy sources, along with rise in awareness about the benefits associated with wind power.
Top manufacturers of wind power market are GE Wind, DONG Energy, NextEra Energy Inc., United Power, Acciona, Nordex SE, Sinovel Wind Group, EDF Renewable Energy, ReGen Powertech, Vensys Energy, and ABB Limited, among others.
North America is the fastest growing region in the forecasted period (2023-2030)
By location, onshore segment will hold the maximum share in the wind power market in forecast period.