Energy and Power

Wind Turbine Tower Market

Global Industry Analysis and Forecast 2023 - 2030

Pages : 120

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR 316

Author : Antriksh P.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 19.57 Billion

Forecasted Value (2030)

USD 27.24 Billion

CAGR (2023 – 2030)

4.12%

Fastest Growing Region (2023 - 2030)

Asia Pacific

Largest Region

North America

By Type

Tubular Steel Towers, Hybrid Towers, Lattice Towers, Others

By Deployment

Onshore, Offshore


TABLE OF CONTENT

1 INTRODUCTION OF THE GLOBAL WIND TURBINE TOWER 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 TURBINE TOWER 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 TURBINE TOWER MARKET, BY TYPE
6.1 Overview
6.2 Tubular Steel Towers
6.3 Hybrid Towers
6.4 Lattice Towers
6.5 Others


7 GLOBAL WIND TURBINE TOWER MARKET, BY DEPLOYMENT
7.1 Overview
7.2 Onshore
7.3 Offshore

8 GLOBAL WIND TURBINE TOWER 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 South America

14 GLOBAL WIND TURBINE TOWER 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 Arcosa Wind Towers, Inc.
15.1.1 Key Facts
15.1.2 Financial Overview
15.1.3 Deployment 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 Nordex SE
15.2.1 Key Facts
15.2.2 Financial Overview
15.2.3 Deployment 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 Vestas
15.3.1 Key Facts
15.3.2 Financial Overview
15.3.3 Deployment 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 Valmont Industries, Inc.
15.4.1 Key Facts
15.4.2 Financial Overview
15.4.3 Deployment 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 Broadwind Company
15.5.1 Key Facts
15.5.2 Financial Overview
15.5.3 Deployment 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 Titan Wind Energy
15.6.1 Key Facts
15.6.2 Financial Overview
15.6.3 Deployment Benchmarking
15.6.4 Recent Developments
15.7 CS WIND CORPORATION
15.7.1 Key Facts
15.7.2 Financial Overview
15.7.3 Deployment Benchmarking
15.7.4 Recent Developments
15.8 ENERCON GmbH
15.8.1 Key Facts
15.8.2 Financial Overview
15.8.3 Deployment Benchmarking
15.8.4 Recent Developments
15.9 SPECO
15.9.1 Key Facts
15.9.2 Financial Overview
15.9.3 Deployment Benchmarking
15.9.4 Recent Developments
15.10 DONGKUK S&C
15.10.1 Key Facts
15.10.2 Financial Overview
15.10.3 Deployment Benchmarking
15.10.4 Recent Developments
15.11 KGW Schweriner Maschinen- und Anlagenbau GmbH
15.11.1 Key Facts
15.11.2 Financial Overview
15.11.3 Deployment Benchmarking
15.11.4 Recent Developments

LIST OF TABLES 

TABLE 1 Global Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 2 Global Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 3 Global Wind Turbine Tower Market Revenue, By Geography, 2020 - 2030 (USD Billion)
TABLE 4 North America Wind Turbine Tower Market Revenue, By Country, 2020 - 2030 (USD Billion)
TABLE 5 North America Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 6 North America Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 7 US Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 8 US Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 9 Canada Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 10 Canada Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 11 Mexico Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 12 Mexico Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 13 Europe Wind Turbine Tower Market Revenue, By Country, 2020 - 2030 (USD Billion)
TABLE 14 Europe Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 15 Europe Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 16 Germany Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 17 Germany Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 18 France Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 19 France Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 20 U.K. Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 21 U.K. Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 22 Spain Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 23 Spain Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 24 Italy Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 25 Italy Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 26 Russia Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 27 Russia Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 28 Rest of Europe Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 29 Rest of Europe Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 30 Asia-Pacific Wind Turbine Tower Market Revenue, By Country, 2020 - 2030 (USD Billion)
TABLE 31 Asia-Pacific Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 32 Asia-Pacific Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 33 China Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 34 China Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 35 Japan Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 36 Japan Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 37 India Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 38 India Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 39 South Korea Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 40 South Korea Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 41 Rest of Asia-Pacific Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 42 Rest of Asia-Pacific Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 43 Middle East and Africa Wind Turbine Tower Market Revenue, By Country, 2020 - 2030 (USD Billion)
TABLE 44 Middle East and Africa Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 45 Middle East and Africa Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 46 GCC Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 47 GCC Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 48 North Africa Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 49 North Africa Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 50 South Africa Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 51 South Africa Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 52 Rest of Middle East & Africa Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 53 Rest of Middle East & Africa Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 54 Latin America Wind Turbine Tower Market Revenue, By Country, 2020 - 2030 (USD Billion)
TABLE 55 Latin America Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 56 Latin America Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 57 Brazil Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 58 Brazil Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 59 Argentina Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 60 Argentina Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 61 Rest of Latin America Wind Turbine Tower Market Revenue, By Type, 2020 - 2030 (USD Billion)
TABLE 62 Rest of Latin America Wind Turbine Tower Market Revenue, By Deployment, 2020 - 2030 (USD Billion)
TABLE 63 Company Market Ranking
TABLE 64 Regional Footprint
TABLE 65 Type Benchmarking
TABLE 66 Recent Developments
TABLE 67 Winning Imperatives 

LIST OF FIGURES

FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Wind Turbine Tower Market 2020-2030 (USD Billion)
FIG. 4 Global Wind Turbine Tower Market Geographical Analysis (CAGR %)
FIG. 5 Global Wind Turbine Tower Absolute Market Opportunity (USD Billion)
FIG. 6 Global Wind Turbine Tower Market Attractiveness (USD Billion)
FIG. 7 Global Wind Turbine Tower Market, By Type, 2020-2030 (USD Billion)
FIG. 8 Global Wind Turbine Tower Market, By Deployment, 2020-2030 (USD Billion)
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 Turbine Tower Market Revenue Share, By Type, 2020 and 2030 (%)
FIG. 18 Global Wind Turbine Tower Market Revenue Share, By Deployment, 2020 and 2030 (%)
FIG. 19 Global Wind Turbine Tower Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 20 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 21 North America Wind Turbine Tower Market Overview Share, By Countries, 2020 - 2030 (%)
FIG. 22 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 23 Europe Wind Turbine Tower Market Overview Share, By Countries, 2020 - 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 25 Asia-Pacific Wind Turbine Tower Market Overview Share, By Countries, 2020 - 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 27 Middle East & Africa Wind Turbine Tower Market Overview Share, By Countries, 2020 - 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 29 Latin America Wind Turbine Tower 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
  • Check Icon Additional Company Profiles
  • Check Icon Additional Countries
  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
  • Check Icon Competitive Landscape Customization
  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global wind turbine tower market is projected to reach USD 27.24 billion by 2030, growing at a CAGR of 4.12% from 2023 to 2030.
The global wind turbine tower market was valued at USD 19.57 billion in 2022.
The technological innovations in tower design and materials are reducing manufacturing costs and increasing tower durability will likely to propel the market.
Top manufacturers of wind turbine tower are Arcosa Wind Towers, Inc., Nordex SE, Vestas, Valmont Industries, Inc., Broadwind Company, Titan Wind Energy, CS WIND CORPORATION, SPECO, DONGKUK S&C, KGW Schweriner Maschinen- und Anlagenbau GmbH and few others.
Asia Pacific is expected to be the fastest growing region over the forecast period (2023-2030).
By type, tubular steel towers will hold the maximum share in the wind turbine tower market by 2030.
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