The global wind energy market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the decreasing cost of wind power generation. The increasing demand for renewable energy sources is due to the need for reducing greenhouse gas emissions and minimizing environmental pollution caused by fossil fuels. The decreasing cost of wind power generation is due to technological advancements in turbine blade design, electricity generator design, tower design, and control equipment design.
The global wind energy market has been segmented on the basis of type into turbine blades, electricity generators, towers, and control equipment; on the basis of application into power plants and street lamps; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
- Wind energy is a renewable resource that can be harnessed to produce electricity without the use of fossil fuels.
- Wind power is one of the fastest growing sources of new electricity generation capacity in the world, with an average annual growth rate of about 25% from 2000 to 2010.
- The cost per kilowatt-hour (kWh) for wind power has decreased by more than 50% since 1980, and it is now competitive with conventional sources such as coal and natural gas in many parts of the world.
- The global wind industry installed 54 GW in 2012, bringing total installed capacity to 282 GW at year end 2012, enough to supply 6% of global electricity demand or 10% if offshore wind farms are included in this figure.
- In 2013, China became the world's largest producer and consumer of wind power.
Industry Growth Insights published a new data on “Wind Energy Market”. The research report is titled “Wind Energy Market research by Types (Turbine Blade, Electricity Generator, Tower, Control Equipment, Other), By Applications (Power Plants, Street Lamp, Other), By Players/Companies Aegis Wind, Ainscough Wind Energy Services, Areva Wind, Aris Wind, Berkshire Hathaway Energy, Broadwind Energy, China Ming Yang Wind Power Group, Clipper Windpower, Dewind, Enercon, Envision Energy, Gamesa, Ge Wind Energy, Mapna, Vestas”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Energy Market Research Report
By Type
Turbine Blade, Electricity Generator, Tower, Control Equipment, Other
By Application
Power Plants, Street Lamp, Other
By Companies
Aegis Wind, Ainscough Wind Energy Services, Areva Wind, Aris Wind, Berkshire Hathaway Energy, Broadwind Energy, China Ming Yang Wind Power Group, Clipper Windpower, Dewind, Enercon, Envision Energy, Gamesa, Ge Wind Energy, Mapna, Vestas
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wind Energy Market Report Segments:
The global Wind Energy market is segmented on the basis of:
Types
Turbine Blade, Electricity Generator, Tower, Control Equipment, Other
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
Power Plants, Street Lamp, Other
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:
- Aegis Wind
- Ainscough Wind Energy Services
- Areva Wind
- Aris Wind
- Berkshire Hathaway Energy
- Broadwind Energy
- China Ming Yang Wind Power Group
- Clipper Windpower
- Dewind
- Enercon
- Envision Energy
- Gamesa
- Ge Wind Energy
- Mapna
- Vestas
Highlights of The 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:
- Turbine Blade
- Electricity Generator
- Tower
- Control Equipment
- Other
- By Application:
- Power Plants
- Street Lamp
- Other
- 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 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.
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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?
Wind energy is the use of wind to produce electricity. Wind turbines use the wind's kinetic energy to turn a propeller, which creates electricity.
Some of the major players in the wind energy market are Aegis Wind, Ainscough Wind Energy Services, Areva Wind, Aris Wind, Berkshire Hathaway Energy, Broadwind Energy, China Ming Yang Wind Power Group, Clipper Windpower, Dewind, Enercon, Envision Energy, Gamesa, Ge Wind Energy, Mapna, Vestas.
The wind energy market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Energy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wind Energy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wind Energy Market - Supply Chain
4.5. Global Wind Energy Market Forecast
4.5.1. Wind Energy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Energy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Energy Market Absolute $ Opportunity
5. Global Wind Energy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wind Energy Market Size and Volume Forecast by Type
5.3.1. Turbine Blade
5.3.2. Electricity Generator
5.3.3. Tower
5.3.4. Control Equipment
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Energy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wind Energy Market Size and Volume Forecast by Application
6.3.1. Power Plants
6.3.2. Street Lamp
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Energy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wind Energy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wind Energy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wind Energy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wind Energy Demand Share Forecast, 2019-2026
9. North America Wind Energy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wind Energy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wind Energy Market Size and Volume Forecast by Application
9.4.1. Power Plants
9.4.2. Street Lamp
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Energy Market Size and Volume Forecast by Type
9.7.1. Turbine Blade
9.7.2. Electricity Generator
9.7.3. Tower
9.7.4. Control Equipment
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wind Energy Demand Share Forecast, 2019-2026
10. Latin America Wind Energy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wind Energy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wind Energy Market Size and Volume Forecast by Application
10.4.1. Power Plants
10.4.2. Street Lamp
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Energy Market Size and Volume Forecast by Type
10.7.1. Turbine Blade
10.7.2. Electricity Generator
10.7.3. Tower
10.7.4. Control Equipment
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wind Energy Demand Share Forecast, 2019-2026
11. Europe Wind Energy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wind Energy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wind Energy Market Size and Volume Forecast by Application
11.4.1. Power Plants
11.4.2. Street Lamp
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Energy Market Size and Volume Forecast by Type
11.7.1. Turbine Blade
11.7.2. Electricity Generator
11.7.3. Tower
11.7.4. Control Equipment
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wind Energy Demand Share, 2019-2026
12. Asia Pacific Wind Energy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wind Energy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wind Energy Market Size and Volume Forecast by Application
12.4.1. Power Plants
12.4.2. Street Lamp
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Energy Market Size and Volume Forecast by Type
12.7.1. Turbine Blade
12.7.2. Electricity Generator
12.7.3. Tower
12.7.4. Control Equipment
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wind Energy Demand Share, 2019-2026
13. Middle East & Africa Wind Energy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wind Energy Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wind Energy Market Size and Volume Forecast by Application
13.4.1. Power Plants
13.4.2. Street Lamp
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Energy Market Size and Volume Forecast by Type
13.7.1. Turbine Blade
13.7.2. Electricity Generator
13.7.3. Tower
13.7.4. Control Equipment
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wind Energy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Energy Market: Market Share Analysis
14.2. Wind Energy Distributors and Customers
14.3. Wind Energy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aegis Wind
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ainscough Wind Energy Services
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Areva Wind
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aris Wind
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Berkshire Hathaway Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Broadwind Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. China Ming Yang Wind Power Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Clipper Windpower
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dewind
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Enercon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Envision Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gamesa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ge Wind Energy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mapna
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Vestas
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
