North America Wind Power Equipment Market Size and Share - Growth Analysis Report and Forecast Trends (2026-2035)

The North America Wind Power Equipment Market attained a value of USD 26.4 Billion in 2025 and is projected to expand at a CAGR of around 5.0% through 2035. With the United States Inflation Reduction Act's production tax credits providing 10-year wind energy revenue certainty that has catalysed over USD 50 billion in new wind project commitments, the Biden-era target of 30 GW of offshore wind by 2030 sustaining offshore turbine and foundation component orders despite permitting headwinds, Canada's 2035 clean electricity standard requiring net-zero electricity grids that position wind as the primary dispatchable renewable resource in Alberta and Ontario, GE Vernova's launch of its next-generation 18 MW offshore turbine platform for North American deployments, and rotor blade manufacturing expansions by TPI Composites and LM Wind Power across Texas and Iowa serving the onshore wind repowering cycle, the market is set to achieve USD 39.0 Billion by 2035.

The North America wind power equipment market growth is supported by both the continued expansion of onshore wind capacity across the US wind belt states and the accelerating development of offshore wind along the US East Coast, Gulf of Mexico, and Great Lakes. Onshore wind remains the lowest-cost new electricity generation source in most US and Canadian markets, with IRA production tax credits extending the economic advantage over fossil fuel alternatives for utility-scale projects through at least 2035. The North America wind power equipment market trends reflect a technology transition toward larger turbine platforms with rotor diameters exceeding 150 metres that deliver higher capacity factors and lower levelised cost of energy from both onshore and offshore sites, driving replacement of older small-rotor turbines in the large repowering cycle expected through the forecast period.

Key Market Trends and Insights

• The United States commanded the largest North America Wind Power Equipment Market share in 2025, driven by the Inflation Reduction Act's 10-year production tax credit certainty, the world's largest onshore wind fleet requiring ongoing equipment supply and repowering, and accelerating offshore wind development along the Atlantic and Gulf coasts.
• By Component, the Rotor Blades segment held the largest market share in 2025, reflecting blades' status as the highest-value mechanical component per turbine, the ongoing demand from both new installations and repowering retrofits, and significant US domestic rotor blade manufacturing capacity at facilities in Texas and Iowa.
• By Installation, the Offshore Wind segment is expected to register the highest CAGR over the forecast period, driven by the multiple US offshore wind lease areas in active development, state-level offshore procurement mandates in New York, New Jersey, Massachusetts, and California, and GE Vernova's Haliade-X and Siemens Gamesa's SG 14-222 DD offshore turbine platforms entering commercial deployment.

Market Size and Forecast

• Market Size in 2025: USD 26.4 Billion
• Projected Market Size in 2035: USD 39.0 Billion
• CAGR from 2026-2035: 5.0%
• Dominant Country Market: United States

The North America Wind Power Equipment Market encompasses the manufacture, supply, and service of all major wind turbine components and systems for onshore and offshore installations across the United States, Canada, and Mexico. Key equipment categories include rotor blades, nacelle and hub assemblies, wind towers, electrical and control systems, and offshore-specific foundations and installation vessel services. The market serves both new capacity additions and the large and growing repowering segment, where older low-capacity turbines are replaced with modern high-efficiency platforms to increase energy generation from existing wind sites without new land permitting.

The North America wind power equipment market outlook remains positive through 2035, supported by the structural economics of wind as the lowest-cost new electricity generation option in most regional markets and the policy certainty provided by the IRA's clean energy tax credits. Canada's clean electricity regulations and provincial renewable procurement programmes in Ontario, Alberta, and Quebec provide additional market depth beyond the US. Mexico's wind resources in Oaxaca and the Isthmus of Tehuantepec continue to attract investment, with USMCA supply chain integration creating component manufacturing opportunities for the Mexican industrial base.

Key Takeaways

• Key Takeaway 1: The United States leads North American wind equipment demand through its world-class onshore wind fleet, IRA production tax credit incentives, and accelerating offshore wind development along the Atlantic, Gulf, and Pacific coastlines.
• Key Takeaway 2: Rotor blades represent the highest-value component segment, with domestic US manufacturing capacity at TPI Composites and LM Wind Power facilities serving both new installations and the large blade replacement and repowering cycle.
• Key Takeaway 3: Offshore wind is the fastest-growing installation segment, driven by state procurement mandates, federal lease awards, and next-generation turbine platforms from GE Vernova and Siemens Gamesa entering commercial deployment in the forecast period.