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Wind Turbine Market - Global Forecast 2026-2032- Product Image
Wind Turbine Market - Global Forecast 2026-2032- Product Image
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Wind Turbine Market - Global Forecast 2026-2032

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    Report

  • 194 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 5367905
1h Free Analyst Time
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The wind turbine market is undergoing significant transformation as organizations respond to advances in technology, evolving decarbonization policies, and shifting supply chain dynamics. Senior leaders navigating this sector must balance operational priorities with long-term investment strategies, amid changing trends in electrification and energy security.

Market Snapshot: Wind Turbine Market Size and Growth

The global wind turbine market is experiencing rapid expansion, growing from USD 153.62 billion in 2025 to USD 172.48 billion in 2026. By 2032, it is projected to reach USD 341.83 billion with a CAGR of 12.10%. Multiple factors are powering this momentum, including robust decarbonization mandates, sustained technological upgrades, and demand across diverse geographies and industry segments. Senior decision-makers are responding to complex developments shaping investment horizons and operational pathways.

Scope & Segmentation

  • Application: Distributed and Utility-scale wind projects each present unique challenges in operational management and grid integration, influencing how projects are funded and operated.
  • Type: Onshore and Offshore wind deployments, including both fixed and floating foundations, face distinct engineering, permitting, and installation requirements that impact cost and timeframes.
  • End User: Commercial, Industrial, Residential, and Utilities segments each bring differing procurement models, risk tolerances, and contract structures, shaping the priorities of project development and partnership selection.
  • Capacity: Turbines below 3MW, those between 3MW and 5MW, and units above 5MW affect grid connectivity, project logistics, and scale economics differently, impacting how organizations approach project planning and investment.
  • Installation Status: New installations versus retrofits offer varying paths toward decarbonization, with different requirements for permitting and integration into existing infrastructure.
  • Component: Key turbine components such as blades, generators, nacelles, and towers are central to innovation efforts. Their availability often determines project lead times and supply continuity.
  • Region: Analysis spans Americas, Europe, Middle East & Africa, and Asia-Pacific. Each region is influenced by specific regulatory, resource, and workforce dynamics that shape market entry and growth potential.

Key Takeaways for Senior Decision-Makers

  • Growth in turbine size and the use of hybrid technologies are lowering levelized energy costs and strengthening project business cases.
  • Digital operations and predictive maintenance practices are extending the lifecycle of wind assets, enabling higher returns throughout extended project durations.
  • Supply chain approaches now prioritize localization, regional manufacturing, and dual sourcing to address logistical, tariff, and policy risks.
  • Increased collaboration among manufacturers, service providers, and contractors enhances integration and supports operational resilience.
  • Prioritizing segmentation by application, type, and capacity is vital for optimally aligning procurement, financing, and risk management.
  • Regional challenges such as grid capacity, permitting complexity, and skilled labor availability play a critical role in determining project feasibility and execution speed.

Tariff Impact: Adapting to Trade and Policy Shifts

Shifting tariff policies and trade measures are reshaping global wind turbine supply chains. Import duties on essential components are accelerating local and regional procurement, while promoting investments in domestic manufacturing capacity. These changes require companies to revise their sourcing strategies to navigate pricing volatility, ensure project bankability, and allocate risks efficiently through targeted contractual approaches. Policy-driven localization can boost employment and diversify supply networks, though it may also demand new capital commitments and developmental efforts in local supply ecosystems.

Methodology & Data Sources: Robust Insights for the Wind Turbine Market

This analysis utilizes a mixed-methods framework incorporating primary interviews with industry developers, manufacturers, and financiers, alongside in-depth project case studies and document reviews. Data triangulation across regulatory, engineering, and market sources ensures rigorous, actionable insights for executives weighing strategic decisions.

Why This Report Matters

  • Empowers leadership to connect advances in technology, regulatory change, and evolving supply chains with operational and investment outcomes.
  • Clarifies how segmentation and regional forces drive procurement, engineering, and capital deployment decisions in the wind turbine sector.
  • Supports actionable planning for risk management, accelerated project timelines, and adaptive value delivery as market conditions evolve.

Conclusion

As the wind turbine industry faces complex transformation, organizations poised to integrate emerging technology, efficient procurement, and dynamic policy responses will secure a competitive edge. Strategic adaptation positions leaders to capture opportunity and drive sustained enterprise value.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Wind Turbine Market, by Type
8.1. Offshore
8.1.1. Fixed Foundation
8.1.2. Floating Foundation
8.2. Onshore
9. Wind Turbine Market, by Component
9.1. Blades
9.2. Generator
9.3. Nacelle
9.4. Tower
10. Wind Turbine Market, by Capacity
10.1. 3MW To 5MW
10.2. 5MW And Above
10.3. Below 3MW
11. Wind Turbine Market, by Installation
11.1. New
11.2. Retrofit
12. Wind Turbine Market, by Application
12.1. Distributed
12.2. Utility Scale
13. Wind Turbine Market, by End User
13.1. Commercial
13.2. Industrial
13.3. Residential
13.4. Utilities
14. Wind Turbine Market, by Region
14.1. Americas
14.1.1. North America
14.1.2. Latin America
14.2. Europe, Middle East & Africa
14.2.1. Europe
14.2.2. Middle East
14.2.3. Africa
14.3. Asia-Pacific
15. Wind Turbine Market, by Group
15.1. ASEAN
15.2. GCC
15.3. European Union
15.4. BRICS
15.5. G7
15.6. NATO
16. Wind Turbine Market, by Country
16.1. United States
16.2. Canada
16.3. Mexico
16.4. Brazil
16.5. United Kingdom
16.6. Germany
16.7. France
16.8. Russia
16.9. Italy
16.10. Spain
16.11. China
16.12. India
16.13. Japan
16.14. Australia
16.15. South Korea
17. United States Wind Turbine Market
18. China Wind Turbine Market
19. Competitive Landscape
19.1. Market Concentration Analysis, 2025
19.1.1. Concentration Ratio (CR)
19.1.2. Herfindahl Hirschman Index (HHI)
19.2. Recent Developments & Impact Analysis, 2025
19.3. Product Portfolio Analysis, 2025
19.4. Benchmarking Analysis, 2025
19.5. ACCIONA Energia
19.6. China Longyuan Power Group Corporation Limited
19.7. CRRC Wind Power (Shandong) Co., Ltd.
19.8. CSIC Haizhuang Windpower Co., Ltd.
19.9. Dongfang Electric Corporation
19.10. EDF Renewables
19.11. Enel Green Power
19.12. Enercon GmbH
19.13. Envision Energy Technology (Shanghai) Co., Ltd.
19.14. GE Renewable Energy
19.15. Goldwind Science & Technology Co., Ltd.
19.16. Invenergy LLC
19.17. MingYang Smart Energy Group Co., Ltd.
19.18. NextEra Energy Resources
19.19. Nordex SE
19.20. RES Group
19.21. Sany Renewable Energy Co., Ltd.
19.22. Senvion S.A.
19.23. Shanghai Electric Wind Power Group Co., Ltd.
19.24. Siemens Gamesa Renewable Energy S.A.
19.25. Suzlon Energy Limited
19.26. United Power Technology Co., Ltd.
19.27. Vestas Wind Systems A/S
19.28. Zhejiang Windey Co., Ltd.
List of Figures
FIGURE 1. GLOBAL WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL WIND TURBINE MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL WIND TURBINE MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL WIND TURBINE MARKET SIZE, BY TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL WIND TURBINE MARKET SIZE, BY COMPONENT, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL WIND TURBINE MARKET SIZE, BY CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL WIND TURBINE MARKET SIZE, BY INSTALLATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL WIND TURBINE MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL WIND TURBINE MARKET SIZE, BY END USER, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL WIND TURBINE MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL WIND TURBINE MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. GLOBAL WIND TURBINE MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 13. UNITED STATES WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 14. CHINA WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL WIND TURBINE MARKET SIZE, BY OFFSHORE, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL WIND TURBINE MARKET SIZE, BY OFFSHORE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL WIND TURBINE MARKET SIZE, BY OFFSHORE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL WIND TURBINE MARKET SIZE, BY FIXED FOUNDATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL WIND TURBINE MARKET SIZE, BY FIXED FOUNDATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL WIND TURBINE MARKET SIZE, BY FIXED FOUNDATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL WIND TURBINE MARKET SIZE, BY FLOATING FOUNDATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL WIND TURBINE MARKET SIZE, BY FLOATING FOUNDATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL WIND TURBINE MARKET SIZE, BY FLOATING FOUNDATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL WIND TURBINE MARKET SIZE, BY ONSHORE, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL WIND TURBINE MARKET SIZE, BY ONSHORE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL WIND TURBINE MARKET SIZE, BY ONSHORE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL WIND TURBINE MARKET SIZE, BY BLADES, BY REGION, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL WIND TURBINE MARKET SIZE, BY BLADES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL WIND TURBINE MARKET SIZE, BY BLADES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL WIND TURBINE MARKET SIZE, BY GENERATOR, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL WIND TURBINE MARKET SIZE, BY GENERATOR, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL WIND TURBINE MARKET SIZE, BY GENERATOR, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL WIND TURBINE MARKET SIZE, BY NACELLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL WIND TURBINE MARKET SIZE, BY NACELLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL WIND TURBINE MARKET SIZE, BY NACELLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL WIND TURBINE MARKET SIZE, BY TOWER, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL WIND TURBINE MARKET SIZE, BY TOWER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL WIND TURBINE MARKET SIZE, BY TOWER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL WIND TURBINE MARKET SIZE, BY 3MW TO 5MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL WIND TURBINE MARKET SIZE, BY 3MW TO 5MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL WIND TURBINE MARKET SIZE, BY 3MW TO 5MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL WIND TURBINE MARKET SIZE, BY 5MW AND ABOVE, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL WIND TURBINE MARKET SIZE, BY 5MW AND ABOVE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL WIND TURBINE MARKET SIZE, BY 5MW AND ABOVE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL WIND TURBINE MARKET SIZE, BY BELOW 3MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL WIND TURBINE MARKET SIZE, BY BELOW 3MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL WIND TURBINE MARKET SIZE, BY BELOW 3MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL WIND TURBINE MARKET SIZE, BY NEW, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL WIND TURBINE MARKET SIZE, BY NEW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL WIND TURBINE MARKET SIZE, BY NEW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL WIND TURBINE MARKET SIZE, BY RETROFIT, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL WIND TURBINE MARKET SIZE, BY RETROFIT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL WIND TURBINE MARKET SIZE, BY RETROFIT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL WIND TURBINE MARKET SIZE, BY DISTRIBUTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL WIND TURBINE MARKET SIZE, BY DISTRIBUTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL WIND TURBINE MARKET SIZE, BY DISTRIBUTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITY SCALE, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITY SCALE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITY SCALE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL WIND TURBINE MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL WIND TURBINE MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL WIND TURBINE MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL WIND TURBINE MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL WIND TURBINE MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL WIND TURBINE MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL WIND TURBINE MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL WIND TURBINE MARKET SIZE, BY RESIDENTIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL WIND TURBINE MARKET SIZE, BY RESIDENTIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL WIND TURBINE MARKET SIZE, BY UTILITIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL WIND TURBINE MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 67. AMERICAS WIND TURBINE MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 68. AMERICAS WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 69. AMERICAS WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 70. AMERICAS WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 71. AMERICAS WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 72. AMERICAS WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 73. AMERICAS WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 74. AMERICAS WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 75. NORTH AMERICA WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. NORTH AMERICA WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 77. NORTH AMERICA WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 78. NORTH AMERICA WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 79. NORTH AMERICA WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 80. NORTH AMERICA WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 81. NORTH AMERICA WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 82. NORTH AMERICA WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 83. LATIN AMERICA WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 84. LATIN AMERICA WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 85. LATIN AMERICA WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 86. LATIN AMERICA WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 87. LATIN AMERICA WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 88. LATIN AMERICA WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 89. LATIN AMERICA WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 90. LATIN AMERICA WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 91. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 92. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 93. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 94. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 95. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 96. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 97. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 98. EUROPE, MIDDLE EAST & AFRICA WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 99. EUROPE WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 100. EUROPE WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 101. EUROPE WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 102. EUROPE WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 103. EUROPE WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 104. EUROPE WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 105. EUROPE WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 106. EUROPE WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 107. MIDDLE EAST WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 108. MIDDLE EAST WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 109. MIDDLE EAST WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 110. MIDDLE EAST WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 111. MIDDLE EAST WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 112. MIDDLE EAST WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 113. MIDDLE EAST WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 114. MIDDLE EAST WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 115. AFRICA WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 116. AFRICA WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 117. AFRICA WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 118. AFRICA WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 119. AFRICA WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 120. AFRICA WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 121. AFRICA WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 122. AFRICA WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 123. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 124. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 125. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 126. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 127. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 128. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 129. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 130. ASIA-PACIFIC WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 131. GLOBAL WIND TURBINE MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 132. ASEAN WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. ASEAN WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 134. ASEAN WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 135. ASEAN WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 136. ASEAN WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 137. ASEAN WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 138. ASEAN WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 139. ASEAN WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 140. GCC WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 141. GCC WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 142. GCC WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 143. GCC WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 144. GCC WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 145. GCC WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 146. GCC WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 147. GCC WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 148. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 149. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 150. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 151. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 152. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 153. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 154. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 155. EUROPEAN UNION WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 156. BRICS WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 157. BRICS WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 158. BRICS WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 159. BRICS WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 160. BRICS WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 161. BRICS WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 162. BRICS WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 163. BRICS WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 164. G7 WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 165. G7 WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 166. G7 WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 167. G7 WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 168. G7 WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 169. G7 WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 170. G7 WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 171. G7 WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 172. NATO WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 173. NATO WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 174. NATO WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 175. NATO WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 176. NATO WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 177. NATO WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 178. NATO WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 179. NATO WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 180. GLOBAL WIND TURBINE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 181. UNITED STATES WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 182. UNITED STATES WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 183. UNITED STATES WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 184. UNITED STATES WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 185. UNITED STATES WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 186. UNITED STATES WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 187. UNITED STATES WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 188. UNITED STATES WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 189. CHINA WIND TURBINE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 190. CHINA WIND TURBINE MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 191. CHINA WIND TURBINE MARKET SIZE, BY OFFSHORE, 2018-2032 (USD MILLION)
TABLE 192. CHINA WIND TURBINE MARKET SIZE, BY COMPONENT, 2018-2032 (USD MILLION)
TABLE 193. CHINA WIND TURBINE MARKET SIZE, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 194. CHINA WIND TURBINE MARKET SIZE, BY INSTALLATION, 2018-2032 (USD MILLION)
TABLE 195. CHINA WIND TURBINE MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 196. CHINA WIND TURBINE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Wind Turbine market report include:
  • ACCIONA Energia
  • China Longyuan Power Group Corporation Limited
  • CRRC Wind Power (Shandong) Co., Ltd.
  • CSIC Haizhuang Windpower Co., Ltd.
  • Dongfang Electric Corporation
  • EDF Renewables
  • Enel Green Power
  • Enercon GmbH
  • Envision Energy Technology (Shanghai) Co., Ltd.
  • GE Renewable Energy
  • Goldwind Science & Technology Co., Ltd.
  • Invenergy LLC
  • MingYang Smart Energy Group Co., Ltd.
  • NextEra Energy Resources
  • Nordex SE
  • RES Group
  • Sany Renewable Energy Co., Ltd.
  • Senvion S.A.
  • Shanghai Electric Wind Power Group Co., Ltd.
  • Siemens Gamesa Renewable Energy S.A.
  • Suzlon Energy Limited
  • United Power Technology Co., Ltd.
  • Vestas Wind Systems A/S
  • Zhejiang Windey Co., Ltd.

Table Information

Report AttributeDetails
No. of Pages194
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 172.48 Billion
Forecasted Market Value ( USD ) by 2032 $ 341.83 Billion
Compound Annual Growth Rate12.1%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the Market

The Wind Turbine market is a key component of the Wind Power industry. Wind turbines are machines that convert the kinetic energy of the wind into mechanical energy, which is then converted into electrical energy. Wind turbines are typically mounted on a tower to capture the most energy. They come in a variety of sizes, ranging from small turbines used for residential applications to large turbines used for commercial and industrial applications. Wind turbines are becoming increasingly popular as a source of renewable energy, due to their low cost and environmental benefits. They are also becoming more efficient, with advances in technology allowing for higher power output and lower maintenance costs. The Wind Turbine market is highly competitive, with many companies offering a variety of products and services. Some of the major players in the market include Vestas, Siemens Gamesa, GE Renewable Energy, Nordex, and Enercon. Show Less Read more

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