The north america wind power market size is expected to grow from 188.75 gigawatt in 2025 to 198.17 gigawatt in 2026 and is forecast to reach 252.83 gigawatt by 2031 at 4.99% CAGR over 2026-2031. This report is Segmented by Location (Onshore and Offshore), Turbine Capacity (Up To 3 MW, 3 To 6 MW, and Above 6 MW), Application (Utility-Scale, Commercial and Industrial, and Community Projects), and Geography (United States, Canada, and Mexico). The Market Size and Forecasts are Provided in Terms of Installed Capacity (GW).
North America Wind Power Market Trends and Insights
IRA Domestic-Content Bonus & Manufacturing Build-Out
Hyperscale cloud providers now procure gigawatt-scale renewables to satisfy 24/7 carbon-free energy commitments. Microsoft’s 10.5 GW global framework with Brookfield Renewable sets a blueprint for virtual PPAs that guarantee revenue visibility for developers. Data-center clusters in Texas, Virginia, and Québec align wind output with consistent load profiles when paired with storage, improving project bankability within the North America wind power market. Willingness to sign 15- to 20-year contracts supports investment-grade financing, and the trend is spreading to semiconductor fabs and green-hydrogen producers.Surging AI/Data-Center Power Demand Driving Long-Term PPAs
Hyperscale cloud providers now procure gigawatt-scale renewables to satisfy 24/7 carbon-free energy commitments. Microsoft’s 10.5 GW global framework with Brookfield Renewable sets a blueprint for virtual PPAs that guarantee revenue visibility for developers. Data-center clusters in Texas, Virginia, and Québec align wind output with consistent load profiles when paired with storage, improving project bankability within the North America wind power market. Willingness to sign 15- to 20-year contracts supports investment-grade financing, and the trend is spreading to semiconductor fabs and green-hydrogen producers.Transmission Queue Bottlenecks & Curtailment Risk
More than 2,000 GW of renewables await grid studies, with MISO and SPP experiencing curtailment rates above 6% in 2024. FERC Order 1920 mandates 20-year planning horizons, yet reforms will not unblock capacity until the late 2020s. Developers must commit higher deposits earlier in the study process, straining small operators but reducing speculative filings. Cluster studies may expedite approvals, though congestion risks persist for the North America wind power market.Other drivers and restraints analyzed in the detailed report include:
- Corporate Renewable-Energy Procurement Mandates
- Declining Levelized Cost of Electricity (LCOE)
- DoD Radar & Whale-Migration Litigation Delaying Projects
Segment Analysis
Onshore projects controlled 99.88% of installations in 2025, reflecting decades of streamlined permitting and cost-optimized supply chains across the Great Plains and Texas. Despite this dominance, offshore capacity is scaling rapidly, delivering a 47.69% CAGR to 2031 as Atlantic fixed-bottom farms reach commercial operations. Vineyard Wind and South Fork Wind showcased reliable 40%-plus capacity factors, narrowing cost gaps with onshore assets. State procurement mandates in New York and New Jersey support a 30 GW pipeline, providing visibility for vessel owners and component suppliers. Floating wind pilots in California and Nova Scotia target deeper-water zones, positioning the North America wind power market for another phase of growth beyond 2030.Complete Report Scope:
- By Location
- Onshore
- Offshore
- By Turbine Capacity
- Up to 3 MW
- 3 to 6 MW
- Above 6 MW
- By Application
- Utility-scale
- Commercial and Industrial
- Community Projects
- By Geography
- United States
- Canada
- Mexico
- By Component (Qualitative Analysis)
- Nacelle/Turbine
- Blade
- Tower
- Generator and Gearbox
- Balance-of-System
List of Companies Covered in this Report:
- NextEra Energy Inc.
- Ørsted A/S
- Invenergy LLC
- Pattern Energy Group LP
- Duke Energy Corp.
- Acciona Energía, S.A.
- Avangrid Inc. (Iberdrola)
- EDF Renewables North America
- EnBW Energie Baden-Württemberg AG
- E.ON SE
- BP plc (bp Wind Energy)
- Shell New Energies
- Brookfield Renewable Partners
- Algonquin Power & Utilities
- TransAlta Renewables
- Trident Winds Inc.
- Copenhagen Infrastructure Partners (CIP)
- Siemens Gamesa Renewable Energy
- General Electric Co.
- Vestas Wind Systems A/S
- Nordex SE
- Envision Energy
- Goldwind Americas
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 Introduction
4 Market Landscape
5 Market Size & Growth Forecasts
6 Competitive Landscape
7 Market Opportunities & Future Outlook
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NextEra Energy Inc.
- Ørsted A/S
- Invenergy LLC
- Pattern Energy Group LP
- Duke Energy Corp.
- Acciona Energía, S.A.
- Avangrid Inc. (Iberdrola)
- EDF Renewables North America
- EnBW Energie Baden-Württemberg AG
- E.ON SE
- BP plc (bp Wind Energy)
- Shell New Energies
- Brookfield Renewable Partners
- Algonquin Power & Utilities
- TransAlta Renewables
- Trident Winds Inc.
- Copenhagen Infrastructure Partners (CIP)
- Siemens Gamesa Renewable Energy
- General Electric Co.
- Vestas Wind Systems A/S
- Nordex SE
- Envision Energy
- Goldwind Americas
