Wind Power Market Size, Growth, Global Trends, Forecast 2034
Wind Power Market By Component (Turbine, Support Structure, Electrical Infrastructure, and Others), By Capacity (Up to 1 MW, 1 MW to 3 MW, 3 MW to 5 MW, Above 5MW), By Location (Onshore Offshore,), By Application (Utility, Non-utility), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Energy & Mining Report Format : PDF
Pages: 212 Report Code: ZMR-9929
Published Date: Sep-2025 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 101.52 Billion | USD 193.54 Billion | 8.40% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Wind Power Market, (2025 - 2034) (USD Billion )
- 2.2 Global Wind Power Market : snapshot
- Chapter 3. Global Wind Power Market - Industry Analysis
- 3.1 Wind Power Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The wind power market fueled by the increasing corporate investments in renewable energy
- 3.3 Market Restraints
- 3.3.1. Environmental and social concerns hamper the market progress
- 3.4 Market Opportunities
- 3.4.1. The adoption of floating wind turbines present favorable prospects for the wind power market expansion
- 3.5 Market Challenges
- 3.5.1. Land acquisition and permitting issues limit the market growth
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Component
- 3.7.2 Market attractiveness analysis By Capacity
- 3.7.3 Market attractiveness analysis By Location
- 3.7.4 Market attractiveness analysis By Application
- Chapter 4. Global Wind Power Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Wind Power Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Wind Power Market - Component Analysis
- 5.1 Global Wind Power Market overview: By Component
- 5.1.1 Global Wind Power Market share, By Component, 2024 and 2034
- 5.2 Turbine
- 5.2.1 Global Wind Power Market by Turbine, 2025 - 2034 (USD Billion )
- 5.3 Support Structure
- 5.3.1 Global Wind Power Market by Support Structure, 2025 - 2034 (USD Billion )
- 5.4 Electrical Infrastructure
- 5.4.1 Global Wind Power Market by Electrical Infrastructure, 2025 - 2034 (USD Billion )
- 5.5 Others
- 5.5.1 Global Wind Power Market by Others, 2025 - 2034 (USD Billion )
- 5.1 Global Wind Power Market overview: By Component
- Chapter 6. Global Wind Power Market - Capacity Analysis
- 6.1 Global Wind Power Market overview: By Capacity
- 6.1.1 Global Wind Power Market share, By Capacity, 2024 and 2034
- 6.2 Up to 1 MW
- 6.2.1 Global Wind Power Market by Up to 1 MW, 2025 - 2034 (USD Billion )
- 6.3 1 MW to 3 MW
- 6.3.1 Global Wind Power Market by 1 MW to 3 MW, 2025 - 2034 (USD Billion )
- 6.4 3 MW to 5 MW
- 6.4.1 Global Wind Power Market by 3 MW to 5 MW, 2025 - 2034 (USD Billion )
- 6.5 Above 5MW
- 6.5.1 Global Wind Power Market by Above 5MW, 2025 - 2034 (USD Billion )
- 6.1 Global Wind Power Market overview: By Capacity
- Chapter 7. Global Wind Power Market - Location Analysis
- 7.1 Global Wind Power Market overview: By Location
- 7.1.1 Global Wind Power Market share, By Location, 2024 and 2034
- 7.2 Onshore
- 7.2.1 Global Wind Power Market by Onshore, 2025 - 2034 (USD Billion )
- 7.3 Offshore
- 7.3.1 Global Wind Power Market by Offshore, 2025 - 2034 (USD Billion )
- 7.1 Global Wind Power Market overview: By Location
- Chapter 8. Global Wind Power Market - Application Analysis
- 8.1 Global Wind Power Market overview: By Application
- 8.1.1 Global Wind Power Market share, By Application, 2024 and 2034
- 8.2 Utility
- 8.2.1 Global Wind Power Market by Utility, 2025 - 2034 (USD Billion )
- 8.3 Non-utility
- 8.3.1 Global Wind Power Market by Non-utility, 2025 - 2034 (USD Billion )
- 8.1 Global Wind Power Market overview: By Application
- Chapter 9. Wind Power Market - Regional Analysis
- 9.1 Global Wind Power Market Regional Overview
- 9.2 Global Wind Power Market Share, by Region, 2024 & 2034 (USD Billion )
- 9.3. North America
- 9.3.1 North America Wind Power Market, 2025 - 2034 (USD Billion )
- 9.3.1.1 North America Wind Power Market, by Country, 2025 - 2034 (USD Billion )
- 9.3.1 North America Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4 North America Wind Power Market, by Component, 2025 - 2034
- 9.4.1 North America Wind Power Market, by Component, 2025 - 2034 (USD Billion )
- 9.5 North America Wind Power Market, by Capacity, 2025 - 2034
- 9.5.1 North America Wind Power Market, by Capacity, 2025 - 2034 (USD Billion )
- 9.6 North America Wind Power Market, by Location, 2025 - 2034
- 9.6.1 North America Wind Power Market, by Location, 2025 - 2034 (USD Billion )
- 9.7 North America Wind Power Market, by Application, 2025 - 2034
- 9.7.1 North America Wind Power Market, by Application, 2025 - 2034 (USD Billion )
- 9.4. Europe
- 9.4.2 Europe Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4.2.1 Europe Wind Power Market, by Country, 2025 - 2034 (USD Billion )
- 9.4.2 Europe Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4 Europe Wind Power Market, by Component, 2025 - 2034
- 9.4.1 Europe Wind Power Market, by Component, 2025 - 2034 (USD Billion )
- 9.5 Europe Wind Power Market, by Capacity, 2025 - 2034
- 9.5.1 Europe Wind Power Market, by Capacity, 2025 - 2034 (USD Billion )
- 9.6 Europe Wind Power Market, by Location, 2025 - 2034
- 9.6.1 Europe Wind Power Market, by Location, 2025 - 2034 (USD Billion )
- 9.7 Europe Wind Power Market, by Application, 2025 - 2034
- 9.7.1 Europe Wind Power Market, by Application, 2025 - 2034 (USD Billion )
- 9.5. Asia Pacific
- 9.5.3 Asia Pacific Wind Power Market, 2025 - 2034 (USD Billion )
- 9.5.3.1 Asia Pacific Wind Power Market, by Country, 2025 - 2034 (USD Billion )
- 9.5.3 Asia Pacific Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4 Asia Pacific Wind Power Market, by Component, 2025 - 2034
- 9.4.1 Asia Pacific Wind Power Market, by Component, 2025 - 2034 (USD Billion )
- 9.5 Asia Pacific Wind Power Market, by Capacity, 2025 - 2034
- 9.5.1 Asia Pacific Wind Power Market, by Capacity, 2025 - 2034 (USD Billion )
- 9.6 Asia Pacific Wind Power Market, by Location, 2025 - 2034
- 9.6.1 Asia Pacific Wind Power Market, by Location, 2025 - 2034 (USD Billion )
- 9.7 Asia Pacific Wind Power Market, by Application, 2025 - 2034
- 9.7.1 Asia Pacific Wind Power Market, by Application, 2025 - 2034 (USD Billion )
- 9.6. Latin America
- 9.6.4 Latin America Wind Power Market, 2025 - 2034 (USD Billion )
- 9.6.4.1 Latin America Wind Power Market, by Country, 2025 - 2034 (USD Billion )
- 9.6.4 Latin America Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4 Latin America Wind Power Market, by Component, 2025 - 2034
- 9.4.1 Latin America Wind Power Market, by Component, 2025 - 2034 (USD Billion )
- 9.5 Latin America Wind Power Market, by Capacity, 2025 - 2034
- 9.5.1 Latin America Wind Power Market, by Capacity, 2025 - 2034 (USD Billion )
- 9.6 Latin America Wind Power Market, by Location, 2025 - 2034
- 9.6.1 Latin America Wind Power Market, by Location, 2025 - 2034 (USD Billion )
- 9.7 Latin America Wind Power Market, by Application, 2025 - 2034
- 9.7.1 Latin America Wind Power Market, by Application, 2025 - 2034 (USD Billion )
- 9.7. The Middle-East and Africa
- 9.7.5 The Middle-East and Africa Wind Power Market, 2025 - 2034 (USD Billion )
- 9.7.5.1 The Middle-East and Africa Wind Power Market, by Country, 2025 - 2034 (USD Billion )
- 9.7.5 The Middle-East and Africa Wind Power Market, 2025 - 2034 (USD Billion )
- 9.4 The Middle-East and Africa Wind Power Market, by Component, 2025 - 2034
- 9.4.1 The Middle-East and Africa Wind Power Market, by Component, 2025 - 2034 (USD Billion )
- 9.5 The Middle-East and Africa Wind Power Market, by Capacity, 2025 - 2034
- 9.5.1 The Middle-East and Africa Wind Power Market, by Capacity, 2025 - 2034 (USD Billion )
- 9.6 The Middle-East and Africa Wind Power Market, by Location, 2025 - 2034
- 9.6.1 The Middle-East and Africa Wind Power Market, by Location, 2025 - 2034 (USD Billion )
- 9.7 The Middle-East and Africa Wind Power Market, by Application, 2025 - 2034
- 9.7.1 The Middle-East and Africa Wind Power Market, by Application, 2025 - 2034 (USD Billion )
- Chapter 10. Company Profiles
- 10.1 Vestas
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Siemens Gamesa Renewable Energy
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 GE Renewable Energy
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Nordex
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Suzlon Energy
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Goldwind
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Envision Energy
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Enercon
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Mingyang Smart Energy
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Senvion
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Doosan Heavy Industries & Construction
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Shanghai Electric Wind Power
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Acciona Energía
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Inox Wind
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Hitachi Energy
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 and others.
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.1 Vestas
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Wind Power Market, 2025 - 2034 (USD Billion )
- 4. Porter’s Five Forces Analysis
- 5. Global Wind Power Market attractiveness, By Component
- 6. Global Wind Power Market attractiveness, By Capacity
- 7. Global Wind Power Market attractiveness, By Location
- 8. Global Wind Power Market attractiveness, By Application
- 9. Global Wind Power Market share by Component, 2025 and 2034 (USD Billion )
- 10. Global Wind Power Market by Turbine, 2025 - 2034 (USD Billion )
- 11. Global Wind Power Market by Support Structure, 2025 - 2034 (USD Billion )
- 12. Global Wind Power Market by Electrical Infrastructure, 2025 - 2034 (USD Billion )
- 13. Global Wind Power Market by Others, 2025 - 2034 (USD Billion )
- 14. Global Wind Power Market share by Capacity, 2025 and 2034 (USD Billion )
- 15. Global Wind Power Market by Up to 1 MW, 2025 - 2034 (USD Billion )
- 16. Global Wind Power Market by 1 MW to 3 MW, 2025 - 2034 (USD Billion )
- 17. Global Wind Power Market by 3 MW to 5 MW, 2025 - 2034 (USD Billion )
- 18. Global Wind Power Market by Above 5MW, 2025 - 2034 (USD Billion )
- 19. Global Wind Power Market share by Location, 2025 and 2034 (USD Billion )
- 20. Global Wind Power Market by Onshore, 2025 - 2034 (USD Billion )
- 21. Global Wind Power Market by Offshore, 2025 - 2034 (USD Billion )
- 22. Global Wind Power Market share by Application, 2025 and 2034 (USD Billion )
- 23. Global Wind Power Market by Utility, 2025 - 2034 (USD Billion )
- 24. Global Wind Power Market by Non-utility, 2025 - 2034 (USD Billion )
- 25. Global Wind Power Market share, by Region, 2025 and 2034
- 26. North America Wind Power Market, 2025 - 2034 (USD Billion )
- 27. Europe Wind Power Market, 2025 - 2034 (USD Billion )
- 28. Asia Pacific Wind Power Market, 2025 - 2034 (USD Billion )
- 29. Latin America Wind Power Market, 2025 - 2034 (USD Billion )
- 30. The Middle-East and Africa Wind Power Market, 2025 - 2034 (USD Billion )
Table Of Tables
- 1. Global Wind Power Market: Snapshot
- 2. Drivers of the Wind Power Market: impact analysis
- 3. North America Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 4. North America Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 5. North America Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 6. North America Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 7. U.S. Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 8. U.S. Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 9. U.S. Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 10. U.S. Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 11. Canada Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 12. Canada Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 13. Canada Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 14. Canada Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 15. Europe Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 16. Europe Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 17. Europe Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 18. Europe Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 19. Germany Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 20. Germany Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 21. Germany Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 22. Germany Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 23. France Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 24. France Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 25. France Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 26. France Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 27. U.K. Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 28. U.K. Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 29. U.K. Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 30. U.K. Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 31. Italy Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 32. Italy Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 33. Italy Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 34. Italy Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 35. Spain Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 36. Spain Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 37. Spain Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 38. Spain Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 39. Rest of Europe Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 40. Rest of Europe Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 41. Rest of Europe Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 42. Rest of Europe Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 43. Asia Pacific Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 44. Asia Pacific Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 45. Asia Pacific Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 46. Asia Pacific Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 47. China Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 48. China Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 49. China Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 50. China Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 51. Japan Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 52. Japan Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 53. Japan Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 54. Japan Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 55. India Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 56. India Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 57. India Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 58. India Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 59. South Korea Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 60. South Korea Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 61. South Korea Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 62. South Korea Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 63. South-East Asia Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 64. South-East Asia Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 65. South-East Asia Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 66. South-East Asia Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 67. Rest of Asia Pacific Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 68. Rest of Asia Pacific Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 69. Rest of Asia Pacific Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 70. Rest of Asia Pacific Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 71. Latin America Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 72. Latin America Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 73. Latin America Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 74. Latin America Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 75. Brazil Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 76. Brazil Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 77. Brazil Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 78. Brazil Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 79. Mexico Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 80. Mexico Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 81. Mexico Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 82. Mexico Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 83. Rest of Latin America Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 84. Rest of Latin America Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 85. Rest of Latin America Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 86. Rest of Latin America Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 87. The Middle-East and Africa Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 88. The Middle-East and Africa Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 89. The Middle-East and Africa Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 90. The Middle-East and Africa Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 91. GCC Countries Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 92. GCC Countries Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 93. GCC Countries Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 94. GCC Countries Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 95. South Africa Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 96. South Africa Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 97. South Africa Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 98. South Africa Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
- 99. Rest of Middle-East Africa Wind Power Market revenue, By Component, 2025 - 2034 (USD Billion )
- 100. Rest of Middle-East Africa Wind Power Market revenue, By Capacity, 2025 - 2034 (USD Billion )
- 101. Rest of Middle-East Africa Wind Power Market revenue, By Location, 2025 - 2034 (USD Billion )
- 102. Rest of Middle-East Africa Wind Power Market revenue, By Application, 2025 - 2034 (USD Billion )
Methodology
FrequentlyAsked Questions
Wind power is a renewable energy source that harnesses the kinetic energy of wind to generate electricity using wind turbines. It is a sustainable and clean alternative to fossil fuels, generating no GHG emissions during operations.
The global wind power market is projected to grow due to increasing demand for renewable energy, improvements in wind turbine efficiency, and expansion in emerging markets.
According to study, the global wind power market size was worth around USD 101.52 billion in 2024 and is predicted to grow to around USD 193.54 billion by 2034.
The CAGR value of the wind power market is expected to be approximately 8.40% from 2025 to 2034.
Major challenges restraining the wind power market include the intermittency of wind, high initial capital costs, limited suitable sites, regulatory uncertainties, and grid integration complexities.
Utility-scale projects and offshore wind farms are expected to offer the most substantial growth prospects in the global market.
Technological advancements are lowering costs, boosting efficiency, and allowing more reliable and larger offshore and onshore wind projects.
North America is expected to lead the global wind power market during the forecast period.
The key players profiled in the global wind power market include Vestas, Siemens Gamesa Renewable Energy, GE Renewable Energy, Nordex, Suzlon Energy, Goldwind, Envision Energy, Enercon, Mingyang Smart Energy, Senvion, Doosan Heavy Industries & Construction, Shanghai Electric Wind Power, Acciona Energía, Inox Wind, and Hitachi Energy.
The report examines key aspects of the wind power market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
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