List of Contents

Wind Turbine Market Size, Share, and Trends 2024 to 2034

The global wind turbine market size was USD 139 billion in 2023, estimated at USD 149.98 billion in 2024 and is anticipated to reach around USD 318.02 billion by 2034, expanding at a CAGR of 7.81% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 1722
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Wind Turbine Market, By Axis

7.1. Wind Turbine Market, by Axis, 2024-2034

7.1.1. Vertical

7.1.1.1. Market Revenue and Forecast (2021-2034)

7.1.2. Horizontal

7.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 8. Global Wind Turbine Market, By Installation

8.1. Wind Turbine Market, by Installation, 2024-2034

8.1.1. Offshore

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Onshore

8.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Wind Turbine Market, By Components

9.1. Wind Turbine Market, by Components, 2024-2034

9.1.1. Rotator blade

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Generator

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Gearbox

9.1.3.1. Market Revenue and Forecast (2021-2034)

9.1.4. Nacelle

9.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Wind Turbine Market, By Application

10.1. Wind Turbine Market, by Application, 2024-2034

10.1.1. Residential

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Utility

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Industrial

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Commercial

10.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Wind Turbine Market, By Capacity

11.1. Wind Turbine Market, by Capacity, 2024-2034

11.1.1. Small

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. Medium

11.1.2.1. Market Revenue and Forecast (2021-2034)

11.1.3. Large

11.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Wind Turbine Market, By Connectivity

12.1. Wind Turbine Market, by Connectivity, 2024-2034

12.1.1. Grid Connected

12.1.1.1. Market Revenue and Forecast (2021-2034)

12.1.2. Stand Alone

12.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 13. Global Wind Turbine Market, By Rating

13.1. Wind Turbine Market, by Rating, 2024-2034

13.1.1. < 100 kW

13.1.1.1. Market Revenue and Forecast (2021-2034)

13.1.2. 100 kW to 250 kW

13.1.2.1. Market Revenue and Forecast (2021-2034)

13.1.3. > 250 kW to 500 kW

13.1.3.1. Market Revenue and Forecast (2021-2034)

13.1.4. > 500 kW to 1 MW

13.1.4.1. Market Revenue and Forecast (2021-2034)

13.1.5. 1 MW to 2 MW

13.1.5.1. Market Revenue and Forecast (2021-2034)

13.1.6. >2 MW

13.1.6.1. Market Revenue and Forecast (2021-2034)

Chapter 14. Global Wind Turbine Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Axis (2021-2034)

14.1.2. Market Revenue and Forecast, by Installation (2021-2034)

14.1.3. Market Revenue and Forecast, by Components (2021-2034)

14.1.4. Market Revenue and Forecast, by Application (2021-2034)

14.1.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.1.6. Market Revenue and Forecast, by Rating (2021-2034)

14.1.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Axis (2021-2034)

14.1.8.2. Market Revenue and Forecast, by Installation (2021-2034)

14.1.8.3. Market Revenue and Forecast, by Components (2021-2034)

14.1.8.4. Market Revenue and Forecast, by Application (2021-2034)

14.1.8.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.1.8.6. Market Revenue and Forecast, by Rating (2021-2034)

14.1.8.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Axis (2021-2034)

14.1.9.2. Market Revenue and Forecast, by Installation (2021-2034)

14.1.9.3. Market Revenue and Forecast, by Components (2021-2034)

14.1.9.4. Market Revenue and Forecast, by Application (2021-2034)

14.1.9.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.1.9.6. Market Revenue and Forecast, by Rating (2021-2034)

14.1.9.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.2. Europe

14.2.1. Market Revenue and Forecast, by Axis (2021-2034)

14.2.2. Market Revenue and Forecast, by Installation (2021-2034)

14.2.3. Market Revenue and Forecast, by Components (2021-2034)

14.2.4. Market Revenue and Forecast, by Application (2021-2034)

14.2.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.2.6. Market Revenue and Forecast, by Rating (2021-2034)

14.2.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Axis (2021-2034)

14.2.8.2. Market Revenue and Forecast, by Installation (2021-2034)

14.2.8.3. Market Revenue and Forecast, by Components (2021-2034)

14.2.8.4. Market Revenue and Forecast, by Application (2021-2034)

14.2.8.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.2.8.6. Market Revenue and Forecast, by Rating (2021-2034)

14.2.8.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Axis (2021-2034)

14.2.9.2. Market Revenue and Forecast, by Installation (2021-2034)

14.2.9.3. Market Revenue and Forecast, by Components (2021-2034)

14.2.9.4. Market Revenue and Forecast, by Application (2021-2034)

14.2.9.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.2.9.6. Market Revenue and Forecast, by Rating (2021-2034)

14.2.9.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Axis (2021-2034)

14.2.10.2. Market Revenue and Forecast, by Installation (2021-2034)

14.2.10.3. Market Revenue and Forecast, by Components (2021-2034)

14.2.10.4. Market Revenue and Forecast, by Application (2021-2034)

14.2.10.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.2.10.6. Market Revenue and Forecast, by Rating (2021-2034)

14.2.10.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Axis (2021-2034)

14.2.11.2. Market Revenue and Forecast, by Installation (2021-2034)

14.2.11.3. Market Revenue and Forecast, by Components (2021-2034)

14.2.11.4. Market Revenue and Forecast, by Application (2021-2034)

14.2.11.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.2.11.6. Market Revenue and Forecast, by Rating (2021-2034)

14.2.11.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Axis (2021-2034)

14.3.2. Market Revenue and Forecast, by Installation (2021-2034)

14.3.3. Market Revenue and Forecast, by Components (2021-2034)

14.3.4. Market Revenue and Forecast, by Application (2021-2034)

14.3.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.3.6. Market Revenue and Forecast, by Rating (2021-2034)

14.3.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Axis (2021-2034)

14.3.8.2. Market Revenue and Forecast, by Installation (2021-2034)

14.3.8.3. Market Revenue and Forecast, by Components (2021-2034)

14.3.8.4. Market Revenue and Forecast, by Application (2021-2034)

14.3.8.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.3.8.6. Market Revenue and Forecast, by Rating (2021-2034)

14.3.8.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Axis (2021-2034)

14.3.9.2. Market Revenue and Forecast, by Installation (2021-2034)

14.3.9.3. Market Revenue and Forecast, by Components (2021-2034)

14.3.9.4. Market Revenue and Forecast, by Application (2021-2034)

14.3.9.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.3.9.6. Market Revenue and Forecast, by Rating (2021-2034)

14.3.9.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Axis (2021-2034)

14.3.10.2. Market Revenue and Forecast, by Installation (2021-2034)

14.3.10.3. Market Revenue and Forecast, by Components (2021-2034)

14.3.10.4. Market Revenue and Forecast, by Application (2021-2034)

14.3.10.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.3.10.6. Market Revenue and Forecast, by Rating (2021-2034)

14.3.10.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Axis (2021-2034)

14.3.11.2. Market Revenue and Forecast, by Installation (2021-2034)

14.3.11.3. Market Revenue and Forecast, by Components (2021-2034)

14.3.11.4. Market Revenue and Forecast, by Application (2021-2034)

14.3.11.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.3.11.6. Market Revenue and Forecast, by Rating (2021-2034)

14.3.11.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Axis (2021-2034)

14.4.2. Market Revenue and Forecast, by Installation (2021-2034)

14.4.3. Market Revenue and Forecast, by Components (2021-2034)

14.4.4. Market Revenue and Forecast, by Application (2021-2034)

14.4.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.4.6. Market Revenue and Forecast, by Rating (2021-2034)

14.4.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Axis (2021-2034)

14.4.8.2. Market Revenue and Forecast, by Installation (2021-2034)

14.4.8.3. Market Revenue and Forecast, by Components (2021-2034)

14.4.8.4. Market Revenue and Forecast, by Application (2021-2034)

14.4.8.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.4.8.6. Market Revenue and Forecast, by Rating (2021-2034)

14.4.8.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Axis (2021-2034)

14.4.9.2. Market Revenue and Forecast, by Installation (2021-2034)

14.4.9.3. Market Revenue and Forecast, by Components (2021-2034)

14.4.9.4. Market Revenue and Forecast, by Application (2021-2034)

14.4.9.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.4.9.6. Market Revenue and Forecast, by Rating (2021-2034)

14.4.9.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Axis (2021-2034)

14.4.10.2. Market Revenue and Forecast, by Installation (2021-2034)

14.4.10.3. Market Revenue and Forecast, by Components (2021-2034)

14.4.10.4. Market Revenue and Forecast, by Application (2021-2034)

14.4.10.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.4.10.6. Market Revenue and Forecast, by Rating (2021-2034)

14.4.10.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Axis (2021-2034)

14.4.11.2. Market Revenue and Forecast, by Installation (2021-2034)

14.4.11.3. Market Revenue and Forecast, by Components (2021-2034)

14.4.11.4. Market Revenue and Forecast, by Application (2021-2034)

14.4.11.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.4.11.6. Market Revenue and Forecast, by Rating (2021-2034)

14.4.11.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Axis (2021-2034)

14.5.2. Market Revenue and Forecast, by Installation (2021-2034)

14.5.3. Market Revenue and Forecast, by Components (2021-2034)

14.5.4. Market Revenue and Forecast, by Application (2021-2034)

14.5.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.5.6. Market Revenue and Forecast, by Rating (2021-2034)

14.5.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Axis (2021-2034)

14.5.8.2. Market Revenue and Forecast, by Installation (2021-2034)

14.5.8.3. Market Revenue and Forecast, by Components (2021-2034)

14.5.8.4. Market Revenue and Forecast, by Application (2021-2034)

14.5.8.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.5.8.6. Market Revenue and Forecast, by Rating (2021-2034)

14.5.8.7. Market Revenue and Forecast, by Connectivity (2021-2034)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Axis (2021-2034)

14.5.9.2. Market Revenue and Forecast, by Installation (2021-2034)

14.5.9.3. Market Revenue and Forecast, by Components (2021-2034)

14.5.9.4. Market Revenue and Forecast, by Application (2021-2034)

14.5.9.5. Market Revenue and Forecast, by Capacity (2021-2034)

14.5.9.6. Market Revenue and Forecast, by Rating (2021-2034)

14.5.9.7. Market Revenue and Forecast, by Connectivity (2021-2034)

Chapter 15. Company Profiles

15.1. General Electric company.

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Vestas Wind Systems A/S

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Nordex SE.

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Suzlon Energy Limited.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Siemens Gamesa renewable energy. SA

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. CSIC.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Shanghai Electric.

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Windey

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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