Wind Power Generation Market, Global Outlook and Forecast 2023-2030
- Siddhi Patil
- Dec 14, 2023
- 3 min read
The global Wind Power Generation market was valued at US$ 67410 million in 2022 and is projected to reach US$ 161570 million by 2029, at a CAGR of 13.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Wind power generation means getting the electrical energy by converting wind energy into rotating energy of the blades and converting that rotating energy into electrical energy by the generator. Wind power or wind energy is the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission network.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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This report aims to provide a comprehensive presentation of the global market for Wind Power Generation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Power Generation. This report contains market size and forecasts of Wind Power Generation in global, including the following market information:
Global Wind Power Generation Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
Global key wind power generation Vestas, GE, Siemens Gamesa etc. The top 3 companies hold a share about 60%. Asia is the largest market, with a share about 55%, followed by NAFTZ and Europe with the share about 17% and 15%. In terms of product, 2.X MW wind power generation is the largest segment, with a share over 47%. And in terms of application, the largest application is onshore, followed by offshore.
We surveyed the Wind Power Generation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wind Power Generation Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Wind Power Generation Market Segment Percentages, by Type, 2022 (%)
1.5MW
2.0MW
2.5MW
3.0MW
4.0MW
5.0/6.0MW
Others
Global Wind Power Generation Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Wind Power Generation Market Segment Percentages, by Application, 2022 (%)
Onshore
Offshore
Global Wind Power Generation Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Wind Power Generation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wind Power Generation revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Wind Power Generation revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Vestas
GE
Siemens
Toshiba
Mitsubishi Heavy Industries, Ltd. (MHI)
Acciona Energy
Clipper Windpower
Nordex
Senvion
Winergy
Gamesa
Sulzon Group
Enercon
Goldwind
United Power
Envision
Mingyang
CSIC Haizhuang Wind Power
Shanghai Electric
XEMC
Sinovel
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wind Power Generation, market overview.
Chapter 2: Global Wind Power Generation market size in revenue.
Chapter 3: Detailed analysis of Wind Power Generation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wind Power Generation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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