Market Overview:
The global onshore wind energy market is expected to grow from USD XX.XX billion in 2018 to USD XX.XX billion by 2030, at a CAGR of X.X%, during the forecast period. The growth of the market can be attributed to the increasing demand for renewable energy and government initiatives for promoting renewable energy sources. Based on type, the global onshore wind energy market is segmented into less than 500 kW, 500 KW-2 MW, and more than 2 MW segments. The less than 500 kW segment is projected to grow at a higher CAGR during the forecast period, owing to its low installation cost and easy installation process as compared to other segments. Based on application, the global onshore wind energy market is segmented into utility and non-utility applications segments.
Product Definition:
Onshore wind energy is the conversion of kinetic energy from the wind into electrical or mechanical energy. Onshore wind turbines use blades to capture the kinetic energy of the wind and convert it into rotational shaft power. This power can be used to generate electricity, or mechanical power which can be used directly for tasks such as water pumping or grinding grain.
Less Than 500 KW:
Onshore wind energy market is growing at a significant rate owing to the decrease in cost of installation and increase in awareness among people. The turbine manufacturers are coming up with new designs which are more efficient and lighter in weight, this will help to increase the demand for turbines over the forecast period.
The global onshore wind energy capacity has increased by 7% from 2015 to 2016 owing to an increase of 14 gigawatts (GW) globally, which was added during 2016.
500 KW To 2 MW:
500 KW to 2 MW is the range of sizes of wind turbines that are used for commercial onshore wind energy production. 500 KW to 2 MW size turbines are used in offshore wind farms and large scale onshore projects. The 500 KW to 2 MW size turbine has a rotor diameter between 80 m and 120 m, which can produce power up to 690 kW with a maximum capacity factor of 37%.
Application Insights:
The utility application segment accounted for the largest share of 72.1% in 2017 and is projected to witness significant growth over the forecast period. The utility scale power purchase agreements (PPAs) signed during 2014-2016 period are still in operation providing stable revenue stream to project owners, which has resulted in high adoption of onshore wind energy among utilities.
Non-utility applications include both commercial and residential applications. These installations do not have PPAs with electricity boards; instead they have PPA contracts with independent power producers who sell the wind energy under contract arrangements.
Regional Analysis:
Europe accounted for the largest market share of more than 35% in 2017. The region is expected to dominate the global wind energy market over the forecast period, with Germany and Spain being key contributors. In addition, Denmark, Netherlands, France and Poland are also anticipated to play a significant role in growing installations across this region.
The European Commission has set a target of obtaining 20% of EU’s energy consumption from wind power by 2020; however, it was not achieved as planned owing to various factors such as changes in government policies and grid infrastructure issues that need further consideration when planning future projects. However despite these challenges Europe remains committed towards its renewable targets which include onshore wind power along with other sources such as solar PV & thermal solar power and is likely to make considerable contributions over the next decade or so towards achieving its overall renewable targets in terms of both capacity (added) and production (utilization).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the development of renewable energy sources
- Reduction in the cost of wind power generation technology
- Growing interest from institutional investors in renewable energy projects
- Expansion of offshore wind power capacity
Scope Of The Report
Report Attributes
Report Details
Report Title
Onshore Wind Energy Market Research Report
By Type
Less Than 500 KW, 500 KW To 2 MW, More Than 2 MW
By Application
Utility, Non-utility
By Companies
Siemens, Envision Energy, General Electric, Suzlon, Vestas, Enercon, Mitsubishi Power Systems, Nordex, Repower, Gazelle Wind Turbines, Siemens
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Onshore Wind Energy Market Report Segments:
The global Onshore Wind Energy market is segmented on the basis of:
Types
Less Than 500 KW, 500 KW To 2 MW, More Than 2 MW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utility, Non-utility
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Envision Energy
- General Electric
- Suzlon
- Vestas
- Enercon
- Mitsubishi Power Systems
- Nordex
- Repower
- Gazelle Wind Turbines
- Siemens
Highlights of The Onshore Wind Energy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less Than 500 KW
- 500 KW To 2 MW
- More Than 2 MW
- By Application:
- Utility
- Non-utility
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Onshore Wind Energy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Onshore wind energy is a type of renewable energy that comes from the wind. Wind turbines use blades to turn the wind into electricity, which can be used to power homes and businesses.
Some of the major companies in the onshore wind energy market are Siemens, Envision Energy, General Electric, Suzlon, Vestas, Enercon, Mitsubishi Power Systems, Nordex, Repower, Gazelle Wind Turbines, Siemens.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Onshore Wind Energy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Onshore Wind Energy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Onshore Wind Energy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Onshore Wind Energy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Onshore Wind Energy Market Size & Forecast, 2018-2028
4.5.1 Onshore Wind Energy Market Size and Y-o-Y Growth
4.5.2 Onshore Wind Energy Market Absolute $ Opportunity
Chapter 5 Global Onshore Wind Energy Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Onshore Wind Energy Market Size Forecast by Type
5.2.1 Less Than 500 KW
5.2.2 500 KW To 2 MW
5.2.3 More Than 2 MW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Onshore Wind Energy Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Onshore Wind Energy Market Size Forecast by Applications
6.2.1 Utility
6.2.2 Non-utility
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Onshore Wind Energy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Onshore Wind Energy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Onshore Wind Energy Analysis and Forecast
9.1 Introduction
9.2 North America Onshore Wind Energy Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Onshore Wind Energy Market Size Forecast by Type
9.6.1 Less Than 500 KW
9.6.2 500 KW To 2 MW
9.6.3 More Than 2 MW
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Onshore Wind Energy Market Size Forecast by Applications
9.10.1 Utility
9.10.2 Non-utility
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Onshore Wind Energy Analysis and Forecast
10.1 Introduction
10.2 Europe Onshore Wind Energy Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Onshore Wind Energy Market Size Forecast by Type
10.6.1 Less Than 500 KW
10.6.2 500 KW To 2 MW
10.6.3 More Than 2 MW
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Onshore Wind Energy Market Size Forecast by Applications
10.10.1 Utility
10.10.2 Non-utility
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Onshore Wind Energy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Onshore Wind Energy Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Onshore Wind Energy Market Size Forecast by Type
11.6.1 Less Than 500 KW
11.6.2 500 KW To 2 MW
11.6.3 More Than 2 MW
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Onshore Wind Energy Market Size Forecast by Applications
11.10.1 Utility
11.10.2 Non-utility
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Onshore Wind Energy Analysis and Forecast
12.1 Introduction
12.2 Latin America Onshore Wind Energy Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Onshore Wind Energy Market Size Forecast by Type
12.6.1 Less Than 500 KW
12.6.2 500 KW To 2 MW
12.6.3 More Than 2 MW
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Onshore Wind Energy Market Size Forecast by Applications
12.10.1 Utility
12.10.2 Non-utility
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Onshore Wind Energy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Onshore Wind Energy Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Onshore Wind Energy Market Size Forecast by Type
13.6.1 Less Than 500 KW
13.6.2 500 KW To 2 MW
13.6.3 More Than 2 MW
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Onshore Wind Energy Market Size Forecast by Applications
13.10.1 Utility
13.10.2 Non-utility
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Onshore Wind Energy Market: Competitive Dashboard
14.2 Global Onshore Wind Energy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Envision Energy
14.3.3 General Electric
14.3.4 Suzlon
14.3.5 Vestas
14.3.6 Enercon
14.3.7 Mitsubishi Power Systems
14.3.8 Nordex
14.3.9 Repower
14.3.10 Gazelle Wind Turbines
14.3.11 Siemens
