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Wind Turbine Global Market Report 2025
Global Wind Turbine Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Wind Turbine Global Market Report 2025

By Component (Rotator Blade, Gearbox, Generator, Nacelle, Other Components), By Axis Type (Horizontal, Vertical), By Location of Deployment (Onshore, Offshore), By Connectivity Type (Grid Connected, Stand Alone), By Application (Industrial, Commercial, Residential, Utility) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Wind Turbine Market Overview

• Wind Turbine market size has reached to $164.39 billion in 2024

• Expected to grow to $257.65 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%

• Growth Driver: Exploring The Surge In Demand For Renewable Energy With Wind Turbines

• Market Trend: Technological Advancements Transforming The Wind Turbine Landscape

Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Wind Turbine Market?

The wind turbine refers to a power-generating device that has been driven by the kinetic energy of the wind. A wind turbine turns wind energy into electricity using the aerodynamic force of the rotor blades, which work like an airplane wing or helicopter rotor blade. When wind flows across the blade, the air pressure on one side of the blade will decrease.

The main types of wind turbines are the rotator blade, gearbox, generator, Nacelle, and others. Rotor blades are the most important parts of a wind turbine for the performance and cost of the wind power system. The shape of the rotor blades has a direct impact on performance as IT will determine the conversion of kinetic energy related to the wind to mechanical energy. The axis of a wind turbine is horizontal and vertical and can be deployed onshore and offshore. They can be grid-connected or stand-alone for industrial, commercial, residential, and utility applications.

Wind Turbine Market Size and growth rate 2025 to 2029: Graph

What Is The Wind Turbine Market Size 2025 And Growth Rate?

The wind turbine market size has grown rapidly in recent years. It will grow from $164.39 billion in 2024 to $178.89 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to renewable energy policies, energy transition and sustainability goals, cost competitiveness, global energy demand, environmental awareness.

What Is The Wind Turbine Market Growth Forecast?

The wind turbine market size is expected to see strong growth in the next few years. It will grow to $257.65 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to growing accelerated energy transition, government incentives and subsidies, technological advancements in turbines, energy storage integration, global climate agreements. Major trends in the forecast period include focus on sustainable materials and recycling, development of hybrid renewable energy systems, community and local participation in wind projects, cost reduction and competitive auctions for wind projects, global expansion of wind energy markets.

The forecast of 9.5% growth over the next five years reflects a modest reduction of 0.2% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for fiberglass-reinforced epoxy rotor blades and yaw drive systems, sourced from key regions such as Germany and China, which could lead to delayed renewable energy projects and increased electricity generation costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Wind Turbine Market Segmented?

1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components

2) By Axis Type: Horizontal, Vertical

3) By Location Of Deployment: Onshore, Offshore

4) By Connectivity Type: Grid Connected, Stand Alone

5) By Application: Industrial, Commercial, Residential, Utility

Subsegments:

1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades

2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox

3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators

4) By Nacelle: Housing Components, Cooling Systems, Control Systems

5) By Other Components: Tower, Yaw System, Pitch Control System

Wind Turbine Market Driver: Exploring The Surge In Demand For Renewable Energy With Wind Turbines

Increasing demand for renewable energy sources is contributing to the growth of the wind turbine market. A renewable energy source refers to an energy source that is repeatedly replenished without running out. Most of this energy will come from fossil fuels like coal, oil, and natural gas. The wind is a renewable energy source. Overall, using wind to produce energy has fewer effects on the environment than other energy sources. Wind turbines will not release emissions that will pollute the air or water and they do not require water for cooling. Wind turbines will also reduce the amount of electricity generated from fossil fuels, which results in lower total air pollution and carbon dioxide emissions. For instance, in January 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2022, power generation from solar photovoltaic systems reached a record 270 TWh, up 26% from 2021. After wind and hydropower, solar PV is still the third-largest renewable electricity technology, producing 4.5% of the world's total electricity. Therefore, Increasing demand for renewable energy sources drives the growth of the wind turbine market.

Wind Turbine Market Driver: Rising Urbanization Fuels The Growth Of The Wind Turbine Market

The increasing urbanization is expected to propel the growth of the wind turbine market going forward. Urbanization refers to the process of a population shifting from rural areas to urban or metropolitan areas, leading to the growth and expansion of cities. Wind turbines play a significant role in urbanization by contributing to sustainable and renewable energy solutions such as renewable energy generation, on-site power generation, street lighting systems and public spaces. For instance, in April 2023, according to The World Bank, a US-based international financial organization, as of 2023 approximately 56% of the total world population lives in urban areas. The global urban population is projected to grow by 1.5 times, reaching 6 billion by the year 2045. Therefore, increasing urbanization is driving the growth of the wind turbine market.

Global Wind Turbine Market Major Players

Major companies operating in the wind turbine market include Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc.

Global Wind Turbine Market Trend: Technological Advancements Transforming The Wind Turbine Landscape

Technological enhancements are a key trend gaining popularity in the wind turbine market. The technology on the offshore direct drive platform allows for the re-use of most components from previous generations. For instance, in September 2022, Vestas, a Danish manufacturer of wind turbines, launched an onshore wind turbine tower with a hub height measuring 199 meters, the world’s tallest onshore tower. It is designed to be used by Vestas’ V172-7.2MW turbine.

Global Wind Turbine Market Trend: Industry Players Unveiling Next-Gen Wind Turbine Platforms

Major companies operating in the wind turbine market are focused on developing innovative solutions such as wind turbine platforms. Wind turbine platform typically refers to the specific design, structure, and technology used in the development of wind turbines. For instance, in July 2022, WEG Industries, a Brazil-based electric motor manufacturing company launched the ‘7 MW wind turbine’ platform. It is designed for optimal reliability, ease of operation, and simplified maintenance. It aims to maximize energy production and enhance the return on investment for its customers. It is integrated with Medium-Speed Geared (MSG) drive technology that provides smooth interconnection to the electrical grid.

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Wind Turbine Market Merger And Acquisition: Ryse Energy Fortifies Global Presence With Primus Wind Power Acquisition

In July 2023, Ryse Energy, a United Arab Emirates-based global leader in renewable energy systems acquired Primus Wind Power for an undisclosed amount. Through this acquisition, Ryse Energy aims to expand its global footprint in America and diversify its small turbine product portfolio. With this acquisition, both companies look forward to broadening their customer base for microturbine products. Primus Wind Power is a US-based micro wind turbine manufacturer that offers portable wind power turbines and air breeze turbines.

Regional Outlook For The Global Wind Turbine Market

Asia-Pacific was the largest region in the wind turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Wind Turbine Market?

The wind turbine market consists of sales of single blade horizontal-axis turbines, two-blade horizontal-axis turbine, three-blade horizontal-axis turbines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Wind Turbine Industry?

The wind turbine market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the wind turbine industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Wind Turbine Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $178.89 billion
Revenue Forecast In 2034 $257.65 billion
Growth Rate CAGR of 9.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components
2) By Axis Type: Horizontal, Vertical
3) By Location Of Deployment: Onshore, Offshore
4) By Connectivity Type: Grid Connected, Stand Alone
5) By Application: Industrial, Commercial, Residential, Utility Subsegments: 1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades
2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox
3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators
4) By Nacelle: Housing Components, Cooling Systems, Control Systems
5) By Other Components: Tower, Yaw System, Pitch Control System
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc.
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Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Wind Turbine Market Characteristics

3. Wind Turbine Market Trends And Strategies

4. Wind Turbine Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Wind Turbine Growth Analysis And Strategic Analysis Framework

5.1. Global Wind Turbine PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Wind Turbine Market Growth Rate Analysis

5.4. Global Wind Turbine Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Wind Turbine Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Wind Turbine Total Addressable Market (TAM)

6. Wind Turbine Market Segmentation

6.1. Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Rotator Blade

Gearbox

Generator

Nacelle

Other Components

6.2. Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Horizontal

Vertical

6.3. Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Onshore

Offshore

6.4. Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Grid Connected

Stand Alone

6.5. Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Industrial

Commercial

Residential

Utility

6.6. Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Composite Blades

Steel Blades

Carbon Fiber Blades

6.7. Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Planetary Gearbox

Helical Gearbox

Spur Gearbox

6.8. Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Synchronous Generators

Asynchronous Generators

Permanent Magnet Generators

6.9. Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Housing Components

Cooling Systems

Control Systems

6.10. Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tower

Yaw System

Pitch Control System

7. Wind Turbine Market Regional And Country Analysis

7.1. Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Wind Turbine Market

8.1. Asia-Pacific Wind Turbine Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Wind Turbine Market

9.1. China Wind Turbine Market Overview

9.2. China Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Wind Turbine Market

10.1. India Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Wind Turbine Market

11.1. Japan Wind Turbine Market Overview

11.2. Japan Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Wind Turbine Market

12.1. Australia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Wind Turbine Market

13.1. Indonesia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Wind Turbine Market

14.1. South Korea Wind Turbine Market Overview

14.2. South Korea Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Wind Turbine Market

15.1. Western Europe Wind Turbine Market Overview

15.2. Western Europe Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Wind Turbine Market

16.1. UK Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Wind Turbine Market

17.1. Germany Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Wind Turbine Market

18.1. France Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Wind Turbine Market

19.1. Italy Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Wind Turbine Market

20.1. Spain Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Wind Turbine Market

21.1. Eastern Europe Wind Turbine Market Overview

21.2. Eastern Europe Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Wind Turbine Market

22.1. Russia Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Wind Turbine Market

23.1. North America Wind Turbine Market Overview

23.2. North America Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Wind Turbine Market

24.1. USA Wind Turbine Market Overview

24.2. USA Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Wind Turbine Market

25.1. Canada Wind Turbine Market Overview

25.2. Canada Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Wind Turbine Market

26.1. South America Wind Turbine Market Overview

26.2. South America Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Wind Turbine Market

27.1. Brazil Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Wind Turbine Market

28.1. Middle East Wind Turbine Market Overview

28.2. Middle East Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Wind Turbine Market

29.1. Africa Wind Turbine Market Overview

29.2. Africa Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Wind Turbine Market Competitive Landscape And Company Profiles

30.1. Wind Turbine Market Competitive Landscape

30.2. Wind Turbine Market Company Profiles

30.2.1. Clipper Windpower A/S Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. General Electric Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Suzlon Energy Limited Overview, Products and Services, Strategy and Financial Analysis

31. Wind Turbine Market Other Major And Innovative Companies

31.1. CRRC Group Corporation

31.2. Eaton Corporation plc

31.3. Shanghai Electric Group Co. Ltd.

31.4. Vestas Wind Systems A/S

31.5. Sany Heavy Industry Co. Ltd.

31.6. Gamesa Electric

31.7. Dongfang Electric Corporation

31.8. Nordex SE

31.9. Goldwind Science and Technology Co. Ltd.

31.10. Ming Yang Smart Energy Group Co. Ltd.

31.11. Guodian United Power Technology Co. Ltd.

31.12. Bilfinger Offshore Wind Energy GmbH

31.13. Zhejiang Windey Co. Ltd.

31.14. Envision Energy

31.15. LM Windpower A/S

32. Global Wind Turbine Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Wind Turbine Market

34. Recent Developments In The Wind Turbine Market

35. Wind Turbine Market High Potential Countries, Segments and Strategies

35.1 Wind Turbine Market In 2029 - Countries Offering Most New Opportunities

35.2 Wind Turbine Market In 2029 - Segments Offering Most New Opportunities

35.3 Wind Turbine Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: Asia-Pacific, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Asia-Pacific, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: China, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: China, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: India, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: India, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Japan, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Japan, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Australia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Australia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Indonesia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Indonesia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: South Korea, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: South Korea, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Western Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Western Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: UK, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: UK, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Germany, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Germany, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: France, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: France, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Italy, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Italy, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Spain, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Spain, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Eastern Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Eastern Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: Russia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: Russia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: North America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: North America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: USA, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: USA, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Canada, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Canada, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: South America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: South America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Brazil, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Brazil, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Middle East, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Middle East, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Africa, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 80: Africa, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 81: Clipper Windpower A/S Financial Performance
  • Table 82: Hitachi Ltd. Financial Performance
  • Table 83: Siemens AG Financial Performance
  • Table 84: General Electric Company Financial Performance
  • Table 85: Suzlon Energy Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Wind Turbine Market, Segmentation By Connectivity Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Wind Turbine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Wind Turbine Market, Sub-Segmentation Of Rotator Blade, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Wind Turbine Market, Sub-Segmentation Of Gearbox, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Wind Turbine Market, Sub-Segmentation Of Generator, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Wind Turbine Market, Sub-Segmentation Of Nacelle, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Wind Turbine Market, Sub-Segmentation Of Other Components, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Global Wind Turbine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Global Wind Turbine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: Asia-Pacific, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Asia-Pacific, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: China, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: China, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: India, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: India, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Japan, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Japan, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Australia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Australia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Indonesia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Indonesia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: South Korea, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: South Korea, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Western Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Western Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: UK, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: UK, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Germany, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Germany, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: France, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: France, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Italy, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Italy, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Spain, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Spain, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Eastern Europe, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Eastern Europe, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: Russia, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: Russia, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: North America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: North America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: USA, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: USA, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Canada, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Canada, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: South America, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: South America, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Brazil, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Brazil, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Middle East, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Middle East, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Wind Turbine Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Africa, Wind Turbine Market, Segmentation By Axis Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 80: Africa, Wind Turbine Market, Segmentation By Location Of Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 81: Clipper Windpower A/S Financial Performance
  • Figure 82: Hitachi Ltd. Financial Performance
  • Figure 83: Siemens AG Financial Performance
  • Figure 84: General Electric Company Financial Performance
  • Figure 85: Suzlon Energy Limited Financial Performance

Frequently Asked Questions

The wind turbine refers to a power-generating device that has been driven by the kinetic energy of the wind. A wind turbine turns wind energy into electricity using the aerodynamic force of the rotor blades, which work like an airplane wing or helicopter rotor blade. When wind flows across the blade, the air pressure on one side of the blade will decrease. For further insights on this market, request a sample here

The market major growth driver - Exploring The Surge In Demand For Renewable Energy With Wind Turbines. For further insights on this market, request a sample here

The wind turbine market size has grown strongly in recent years. It will grow from $164.39 billion in 2024 to $178.89 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to renewable energy policies, energy transition and sustainability goals, cost competitiveness, global energy demand, environmental awareness. The wind turbine market size is expected to see strong growth in the next few years. It will grow to $257.65 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to growing accelerated energy transition, government incentives and subsidies, technological advancements in turbines, energy storage integration, global climate agreements. Major trends in the forecast period include focus on sustainable materials and recycling, development of hybrid renewable energy systems, community and local participation in wind projects, cost reduction and competitive auctions for wind projects, global expansion of wind energy markets. For further insights on this market, request a sample here

The wind turbinemarket covered in this report is segmented –
1) By Component: Rotator Blade, Gearbox, Generator, Nacelle, Other Components
2) By Axis Type: Horizontal, Vertical
3) By Location Of Deployment: Onshore, Offshore
4) By Connectivity Type: Grid Connected, Stand Alone
5) By Application: Industrial, Commercial, Residential, Utility Subsegments:
1) By Rotator Blade: Composite Blades, Steel Blades, Carbon Fiber Blades
2) By Gearbox: Planetary Gearbox, Helical Gearbox, Spur Gearbox
3) By Generator: Synchronous Generators, Asynchronous Generators, Permanent Magnet Generators
4) By Nacelle: Housing Components, Cooling Systems, Control Systems
5) By Other Components: Tower, Yaw System, Pitch Control System For further insights on this market,
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Asia-Pacific was the largest region in the wind turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wind turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the wind turbine market include Clipper Windpower A/S, Hitachi Ltd., Siemens AG, General Electric Company, Suzlon Energy Limited, CRRC Group Corporation, Eaton Corporation plc, Shangai Electric Group Co. ltd., Vestas Wind Systems A/S, Sany Heavy Industry Co. Ltd., Gamesa Electric, Dongfang Electric Corporation, Nordex SE, Goldwind Science and Technology Co. Ltd., Ming Yang Smart Energy Group Co. Ltd., Guodian United Power Technology Co. Ltd., Bilfinger Offshore Wind Energy GmbH, Zhejiang Windey Co. Ltd., Envision Energy, LM Windpower A/S, Impsa S.A., Sinovel Wind Group Co. Ltd., Leitwind GmbH, Vergnet S.A., Northern Power Systems Ltd., Enercon Gmbh Windenergieanlagen, Senvion SE, Bergey Windpower Inc., ZF Wind Power Antwerpen NV, United Power Inc. . For further insights on this market, request a sample here.

Major trends in this market include Technological Advancements Transforming The Wind Turbine Landscape. For further insights on this market, request a sample here.

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