Onshore Wind Power Market Size, Share, Growth, Trends, and Global Industry Analysis: By Component (Turbine, Services, Others), By Installation Capacity (Up to 2 MW, 2-5 MW, above 5 MW), By Application (Utility-Scale, Industrial, Commercial, Residential) and Region Forecast 2020-2031

Onshore wind power Market size was valued at US$ 1,178,034.5 million in 2024 and is projected to reach US$ 2,266,597.5 million by 2031, growing at a CAGR of 9.8% from 2025-2031. Moreover, the U.S. onshore wind power market is projected to grow significantly, reaching an estimated value of  US$ 659,579.9 million by 2031. The market is focused on the generation of electricity using wind turbines installed on land. It encompasses the development, manufacturing, installation, operation, and maintenance of onshore wind turbines and associated infrastructure. This market is driven by the increasing demand for clean and renewable energy, advancements in turbine technology, and supportive government policies aimed at reducing carbon emissions.

The onshore wind power market continues to experience robust growth, supported by the global shift toward sustainable energy solutions. Countries across Europe, North America, and Asia-Pacific are investing heavily in onshore wind projects to meet renewable energy targets and reduce reliance on fossil fuels. Technological advancements have resulted in more efficient turbines with higher power capacities, reducing the levelized cost of energy (LCOE) and making onshore wind increasingly competitive with traditional energy sources. The market is also characterized by strong involvement from leading energy developers, turbine manufacturers, and governments committed to achieving net-zero carbon goals.

Facts & Figures

• Wind power has grown rapidly since 2000, driven by R&D, supportive policies, and falling costs. Global installed wind generation capacity – both onshore and offshore – has increased by a factor of 98 in the past two decades, jumping from 7.5 GW in 1997 to some 733 GW by 2018 according to IRENA’s data.
• Onshore wind capacity grew from 178 GW in 2010 to 699 GW in 2020, while offshore wind has grown proportionately more, but from a lower base, from 3.1 GW in 2010 to 34.4 GW in 2020. Production of wind power increased by a factor of 5.2 between 2009 and 2019 to reach 1412 TWh.

Key Developments

• In February 2025, Amazon announced investments in three new wind energy projects across Karnataka, Maharashtra, and Tamil Nadu, adding over 379 MW of clean energy capacity. With this, Amazon’s renewable energy portfolio in India now includes 53 solar and wind projects, powering over 1.3 million homes annually. These projects reinforce Amazon's commitment to achieving 100% renewable energy for its operations and advancing its Climate Pledge goals.
• In October 2024, Envision Energy India Private Limited launched its advanced EN 182/5MW onshore platform at WindEnergy Hamburg 2024. This new turbine boosts annual energy output by over 40% compared to the EN 156/3.3MW model. With enhanced temperature tolerance up to 50°C and 98% uptime in high wind conditions, it highlights Envision’s commitment to high-efficiency, next-generation wind solutions.
• In July 2024, the UK Government announced the creation of Great British Energy, a state-owned entity headquartered in Scotland, aimed at accelerating investment in renewable energy, including offshore wind. Revealed during the King’s Speech on 17 July, this move is supported by the launch of an Onshore Wind Taskforce and the upcoming Planning and Infrastructure Bill, designed to simplify consent processes and drive large-scale infrastructure development for the country’s clean energy transition.

Onshore Wind Power Market Segmentation

Based on the component:

• Turbine
  • Rotor blades
  • Nacelle
  • Tower
  • Gearbox
  • Generator
• Services
• Others

One of the leading drivers anticipated to propel market growth, based on the component segmentation, is the turbine segment, with a particular emphasis on rotor blades. Rotor blades are considered the most critical component in wind turbine systems, playing a pivotal role in capturing wind energy and converting it into mechanical power. Manufacturers are increasingly focusing on enhancing blade design, material efficiency, and aerodynamic performance to increase energy output and reduce maintenance costs. The rapid advancement in lightweight composite materials and innovative blade structures has contributed significantly to this growth.

Additionally, rotor blades account for a substantial portion of the overall turbine cost, making them a key revenue generator for component manufacturers. The growing installation of larger wind turbines with extended blade lengths further strengthens the dominance of this segment. Longer rotor blades improve capacity factors and power generation efficiency, meeting the rising global demand for renewable energy. Emerging economies are investing heavily in wind energy infrastructure, prioritizing high-performance turbine components, especially rotor blades, to maximize return on investment. This trend is further fuelled by supportive government policies and increasing private investments in wind power projects. As a result, rotor blades are expected to remain at the forefront of market expansion, driven by continuous innovation and the global push for clean energy solutions.

Based on the installation capacity

• Up to 2 MW
• 2-5 MW
• Above 5 MW

Among the installation capacity segments, the above 5 MW category is anticipated to lead the market, driven by the increasing demand for large-scale, high-capacity wind turbines. This segment’s dominance is primarily attributed to the growing preference for offshore wind projects and large onshore installations that require higher power generation capabilities. Turbines with capacities above 5 MW offer enhanced efficiency, reduced operational costs per unit of electricity produced, and are well-suited for locations with stronger wind resources. Technological advancements have enabled manufacturers to develop robust and reliable turbines in this capacity range, meeting the needs of utility-scale projects.

Furthermore, the global push toward renewable energy targets and decarbonization has encouraged investments in large wind farms that can deliver substantial power output. Countries in Europe, North America, and Asia-Pacific are increasingly deploying turbines of above 5 MW capacity to optimize space utilization and achieve higher energy yields from fewer installations. The trend is further accelerated by supportive government policies, financial incentives, and continuous innovations in turbine design and materials. As nations move toward ambitious climate goals, the above 5 MW installation capacity is expected to remain the leading driver of market growth, supported by its ability to deliver efficient, large-scale power generation solutions.

Based on the application

• Utility-Scale
• Industrial
• Commercial
• Residential

Based on the application, the utility-scale segment is anticipated to lead the market, driven by the growing demand for large-scale renewable energy projects worldwide. Utility-scale wind installations are designed to generate electricity at a large capacity, typically feeding power directly into the grid to meet the needs of thousands of homes and businesses. The increasing emphasis on reducing carbon emissions, along with international commitments toward clean energy targets, has accelerated investments in utility-scale wind farms. These projects benefit from economies of scale, allowing for cost-effective energy production and long-term financial viability. Governments across regions are offering attractive incentives, tax benefits, and regulatory support to promote utility-scale developments, particularly in offshore and high-wind potential areas.

Additionally, advancements in turbine technology, including higher capacity turbines and improved blade designs, have made large wind installations more efficient and economically appealing. Utility-scale projects are also favored by energy providers and investors due to their predictable energy output and contribution toward energy security. As the demand for sustainable, grid-connected power continues to rise, the utility-scale segment is expected to dominate the market, supported by robust infrastructure development, public-private partnerships, and continuous technological innovation aimed at enhancing wind energy production.