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.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
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
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
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
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)
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)
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)
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)
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)
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)
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)
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)
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
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
17.1. About Us
17.2. Glossary of Terms
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