Abstract
Summary
LPI (LP Information)' newest research report, the “Wind Turbine Industry Forecast” looks at past sales and reviews total world Wind Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Wind Turbine sales for 2023 through 2029. With Wind Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Turbine industry.
This Insight Report provides a comprehensive analysis of the global Wind Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wind Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wind Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wind Turbine.
The global Wind Turbine market size is projected to grow from US$ 40220 million in 2022 to US$ 60550 million in 2029; it is expected to grow at a CAGR of 60550 from 2023 to 2029.
United States market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Wind Turbine players cover Goldwind, LEITWIND, Nordex Energy, Senvion, Siemens Wind Power and Renewables, Vestas, Suzlon, ENERCON and GAMESA ELECTRIC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Turbine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Horizontal-Axis Wind Turbine
Vertical-Axis Wind Turbine
Other
Segmentation by application
Land Wind
Offshore Wind
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Goldwind
LEITWIND
Nordex Energy
Senvion
Siemens Wind Power and Renewables
Vestas
Suzlon
ENERCON
GAMESA ELECTRIC
GE Wind Turbines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wind Turbine market?
What factors are driving Wind Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wind Turbine market opportunities vary by end market size?
How does Wind Turbine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global Wind Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wind Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wind Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wind Turbine.
The global Wind Turbine market size is projected to grow from US$ 40220 million in 2022 to US$ 60550 million in 2029; it is expected to grow at a CAGR of 60550 from 2023 to 2029.
United States market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Wind Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Wind Turbine players cover Goldwind, LEITWIND, Nordex Energy, Senvion, Siemens Wind Power and Renewables, Vestas, Suzlon, ENERCON and GAMESA ELECTRIC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Turbine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Horizontal-Axis Wind Turbine
Vertical-Axis Wind Turbine
Other
Segmentation by application
Land Wind
Offshore Wind
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Goldwind
LEITWIND
Nordex Energy
Senvion
Siemens Wind Power and Renewables
Vestas
Suzlon
ENERCON
GAMESA ELECTRIC
GE Wind Turbines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wind Turbine market?
What factors are driving Wind Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wind Turbine market opportunities vary by end market size?
How does Wind Turbine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wind Turbine Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Wind Turbine by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Wind Turbine by Country/Region, 2018, 2022 & 2029
2.2 Wind Turbine Segment by Type
2.2.1 Horizontal-Axis Wind Turbine
2.2.2 Vertical-Axis Wind Turbine
2.2.3 Other
2.3 Wind Turbine Sales by Type
2.3.1 Global Wind Turbine Sales Market Share by Type (2018-2023)
2.3.2 Global Wind Turbine Revenue and Market Share by Type (2018-2023)
2.3.3 Global Wind Turbine Sale Price by Type (2018-2023)
2.4 Wind Turbine Segment by Application
2.4.1 Land Wind
2.4.2 Offshore Wind
2.4.3 Other
2.5 Wind Turbine Sales by Application
2.5.1 Global Wind Turbine Sale Market Share by Application (2018-2023)
2.5.2 Global Wind Turbine Revenue and Market Share by Application (2018-2023)
2.5.3 Global Wind Turbine Sale Price by Application (2018-2023)
3 Global Wind Turbine by Company
3.1 Global Wind Turbine Breakdown Data by Company
3.1.1 Global Wind Turbine Annual Sales by Company (2018-2023)
3.1.2 Global Wind Turbine Sales Market Share by Company (2018-2023)
3.2 Global Wind Turbine Annual Revenue by Company (2018-2023)
3.2.1 Global Wind Turbine Revenue by Company (2018-2023)
3.2.2 Global Wind Turbine Revenue Market Share by Company (2018-2023)
3.3 Global Wind Turbine Sale Price by Company
3.4 Key Manufacturers Wind Turbine Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Wind Turbine Product Location Distribution
3.4.2 Players Wind Turbine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Wind Turbine by Geographic Region
4.1 World Historic Wind Turbine Market Size by Geographic Region (2018-2023)
4.1.1 Global Wind Turbine Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Wind Turbine Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Wind Turbine Market Size by Country/Region (2018-2023)
4.2.1 Global Wind Turbine Annual Sales by Country/Region (2018-2023)
4.2.2 Global Wind Turbine Annual Revenue by Country/Region (2018-2023)
4.3 Americas Wind Turbine Sales Growth
4.4 APAC Wind Turbine Sales Growth
4.5 Europe Wind Turbine Sales Growth
4.6 Middle East & Africa Wind Turbine Sales Growth
5 Americas
5.1 Americas Wind Turbine Sales by Country
5.1.1 Americas Wind Turbine Sales by Country (2018-2023)
5.1.2 Americas Wind Turbine Revenue by Country (2018-2023)
5.2 Americas Wind Turbine Sales by Type
5.3 Americas Wind Turbine Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wind Turbine Sales by Region
6.1.1 APAC Wind Turbine Sales by Region (2018-2023)
6.1.2 APAC Wind Turbine Revenue by Region (2018-2023)
6.2 APAC Wind Turbine Sales by Type
6.3 APAC Wind Turbine Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Wind Turbine by Country
7.1.1 Europe Wind Turbine Sales by Country (2018-2023)
7.1.2 Europe Wind Turbine Revenue by Country (2018-2023)
7.2 Europe Wind Turbine Sales by Type
7.3 Europe Wind Turbine Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wind Turbine by Country
8.1.1 Middle East & Africa Wind Turbine Sales by Country (2018-2023)
8.1.2 Middle East & Africa Wind Turbine Revenue by Country (2018-2023)
8.2 Middle East & Africa Wind Turbine Sales by Type
8.3 Middle East & Africa Wind Turbine Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Wind Turbine
10.3 Manufacturing Process Analysis of Wind Turbine
10.4 Industry Chain Structure of Wind Turbine
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Wind Turbine Distributors
11.3 Wind Turbine Customer
12 World Forecast Review for Wind Turbine by Geographic Region
12.1 Global Wind Turbine Market Size Forecast by Region
12.1.1 Global Wind Turbine Forecast by Region (2024-2029)
12.1.2 Global Wind Turbine Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Wind Turbine Forecast by Type
12.7 Global Wind Turbine Forecast by Application
13 Key Players Analysis
13.1 Goldwind
13.1.1 Goldwind Company Information
13.1.2 Goldwind Wind Turbine Product Portfolios and Specifications
13.1.3 Goldwind Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Goldwind Main Business Overview
13.1.5 Goldwind Latest Developments
13.2 LEITWIND
13.2.1 LEITWIND Company Information
13.2.2 LEITWIND Wind Turbine Product Portfolios and Specifications
13.2.3 LEITWIND Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 LEITWIND Main Business Overview
13.2.5 LEITWIND Latest Developments
13.3 Nordex Energy
13.3.1 Nordex Energy Company Information
13.3.2 Nordex Energy Wind Turbine Product Portfolios and Specifications
13.3.3 Nordex Energy Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Nordex Energy Main Business Overview
13.3.5 Nordex Energy Latest Developments
13.4 Senvion
13.4.1 Senvion Company Information
13.4.2 Senvion Wind Turbine Product Portfolios and Specifications
13.4.3 Senvion Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Senvion Main Business Overview
13.4.5 Senvion Latest Developments
13.5 Siemens Wind Power and Renewables
13.5.1 Siemens Wind Power and Renewables Company Information
13.5.2 Siemens Wind Power and Renewables Wind Turbine Product Portfolios and Specifications
13.5.3 Siemens Wind Power and Renewables Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Siemens Wind Power and Renewables Main Business Overview
13.5.5 Siemens Wind Power and Renewables Latest Developments
13.6 Vestas
13.6.1 Vestas Company Information
13.6.2 Vestas Wind Turbine Product Portfolios and Specifications
13.6.3 Vestas Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Vestas Main Business Overview
13.6.5 Vestas Latest Developments
13.7 Suzlon
13.7.1 Suzlon Company Information
13.7.2 Suzlon Wind Turbine Product Portfolios and Specifications
13.7.3 Suzlon Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Suzlon Main Business Overview
13.7.5 Suzlon Latest Developments
13.8 ENERCON
13.8.1 ENERCON Company Information
13.8.2 ENERCON Wind Turbine Product Portfolios and Specifications
13.8.3 ENERCON Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 ENERCON Main Business Overview
13.8.5 ENERCON Latest Developments
13.9 GAMESA ELECTRIC
13.9.1 GAMESA ELECTRIC Company Information
13.9.2 GAMESA ELECTRIC Wind Turbine Product Portfolios and Specifications
13.9.3 GAMESA ELECTRIC Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 GAMESA ELECTRIC Main Business Overview
13.9.5 GAMESA ELECTRIC Latest Developments
13.10 GE Wind Turbines
13.10.1 GE Wind Turbines Company Information
13.10.2 GE Wind Turbines Wind Turbine Product Portfolios and Specifications
13.10.3 GE Wind Turbines Wind Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 GE Wind Turbines Main Business Overview
13.10.5 GE Wind Turbines Latest Developments
14 Research Findings and Conclusion