Wind Power Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Wind Power Market: By Turbine Capacity (<100 KW, 100 KW to 500 KW, 500 KW to 1 MW, 1MW to 3 MW, 3 MW) By Installation (Offshore, Onshore), By Application (Residential, Commercial) Geography

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Report

Description

Wind Power Market size is valued at USD million in 2021 and is expected to reach a value of USD million by 2028, growing at a notable CAGR during the forecast period 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by turbine capacity, installation, and application. By turbine capacity, the wind power market has been segmented into <100 KW, 100 KW to 500 KW, 500 KW to 1 MW, 1MW to 3 MW and 3 MW. The 100 KW to 500 KW segment is likely to be the largest and fastest-growing segment in terms of turbine capacity. Based on the installation, the wind power market is segmented into offshore and onshore. Among these, the offshore segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of application, the market is segregated into residential and commercial. The residential held considerable market share during the forecast period.

Wind Power Market

MARKET SUMMARY
-
x%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Wind Power Market

  • The report on global wind power market gives historical, current, and future market sizes (US$ Bn) on the basis of by turbine capacity, by installation, application and geography.
  • The global wind power market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Vestas (Denmark)
  • General Electric (US)
  • Senvion SA (Germany)
  • Wind World Limited (India)
  • Bergey Wind Power (US)
Wind Power Market Drivers

The need for consistent, affordable, and clean power, favorable legal and legislative frameworks from various governments throughout the world, an increasing need to switch from conventional to renewable energy sources, increasing environmental pollution levels and health problems, and growing awareness of renewable energy sources are some key factors fueling the market growth.


Asia-Pacific Got Significant Share

Wind Power Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. This is due to a variety of factors, including a big consumer base and a fast increase in demand for renewable energy sources. China, India, and Japan are the major contributors to the growth of the market in the region. Further, China is the world leader for wind energy in terms of power generation and consumption, followed closely by India due to its rising emphasis on offshore ventures.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The wind power market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The wind power market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The wind power market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The wind power market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The wind power market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Wind Power Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The wind power market is projected to expand at a CAGR of x% during the forecast period.

The major players in the global wind power market are Vestas (Denmark), General Electric (US), Senvion SA (Germany), Wind World Limited (India), Orient Green Power Company Limited (India), Indowind (India), DNV GL (Norway), Siemens Gamesa Renewable Energy SA (Spain), Goldwind (China), Bergey Wind Power (US) and Intertek (UK).

Asia Pacific is the fastest-growing region for wind power market


Report

Table Of Content

1. Executive Summary
2. Global Wind Power Market Introduction
2.1. Global Wind Power Market – Taxonomy
2.2. Global Wind Power Market –Definitions
2.2.1. By Turbine Capacity
2.2.2. By Installation
2.2.3. By Application
2.2.4. By Region
3. Global Wind Power Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Wind Power Market Dynamic Factors – Impact Analysis
3.6. Global Wind Power Market – Competition Landscape
4. Global Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Wind Power Market, By Turbine Capacity, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. <100 KW
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. 100 KW to 500 KW
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. 500 KW to 1 MW
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. 1MW to 3 MW
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. > 3 MW
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Wind Power Market, By Installation, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Offshore
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Onshore
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Wind Power Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Residential
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Commercial
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Wind Power Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application , and Region, 2022-2028
9. North America Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. Turbine Capacity Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. <100 KW
9.1.2. 100 KW to 500 KW
9.1.3. 500 KW to 1 MW
9.1.4. 1MW to 3 MW
9.1.5. > 3 MW
9.2. Installation Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Offshore
9.2.2. Onshore
9.3. Application Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Residential
9.3.2. Commercial
9.4. Country Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application , and Country, 2022-2028
9.6. North America Wind Power Market Dynamics – Trends
10. Europe Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Turbine Capacity Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. <100 KW
10.1.2. 100 KW to 500 KW
10.1.3. 500 KW to 1 MW
10.1.4. 1MW to 3 MW
10.1.5. > 3 MW
10.2. Installation Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Offshore
10.2.2. Onshore
10.3. Application Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Residential
10.3.2. Commercial
10.4. Country Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application, and Country, 2022-2028
10.6. Europe Wind Power Market Dynamics – Trends
11. Asia-Pacific Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Turbine Capacity Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. <100 KW
11.1.2. 100 KW to 500 KW
11.1.3. 500 KW to 1 MW
11.1.4. 1MW to 3 MW
11.1.5. > 3 MW
11.2. Installation Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Offshore
11.2.2. Onshore
11.3. Application Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Residential
11.3.2. Commercial
11.4. Country Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application, and Country, 2022-2028
11.6. Asia-Pacific Wind Power Market Dynamics – Trends
12. Latin America Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Turbine Capacity Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. <100 KW
12.1.2. 100 KW to 500 KW
12.1.3. 500 KW to 1 MW
12.1.4. 1MW to 3 MW
12.1.5. > 3 MW
12.2. Installation Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Offshore
12.2.2. Onshore
12.3. Application Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Residential
12.3.2. Commercial
12.4. Country Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Latin America Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application, and Country, 2022-2028
12.6. Latin America Wind Power Market Dynamics – Trends
13. Middle East and Africa Wind Power Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Turbine Capacity Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. <100 KW
13.1.2. 100 KW to 500 KW
13.1.3. 500 KW to 1 MW
13.1.4. 1MW to 3 MW
13.1.5. > 3 MW
13.2. Installation Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Offshore
13.2.2. Onshore
13.3. Application Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Residential
13.3.2. Commercial
13.4. Country Analysis 2017-2021 and Forecast, 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. South Africa
13.4.3. Rest of MEA
13.5. MEA Wind Power Market – Opportunity Analysis Index, By Turbine Capacity, Installation, Application, and Country, 2022-2028
13.6. MEA Wind Power Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Vestas (Denmark)
14.2.2. General Electric (US)
14.2.3. Senvion SA (Germany)
14.2.4. Wind World Limited (India)
14.2.5. Orient Green Power Company Limited (India)
14.2.6. Indowind (India)
14.2.7. DNV GL (Norway)
14.2.8. Siemens Gamesa Renewable Energy SA (Spain)
14.2.9. Goldwind (China)
14.2.10. Bergey Wind Power (US)
14.2.11. Intertek (UK)
15. Research Methodology
16. Key Assumptions and Acronyms

 


Report

Company Profile

  • Vestas (Denmark)
  • General Electric (US)
  • Senvion SA (Germany)
  • Wind World Limited (India)
  • Orient Green Power Company Limited (India)
  • Indowind (India)
  • DNV GL (Norway)
  • Siemens Gamesa Renewable Energy SA (Spain)
  • Goldwind (China)
  • Bergey Wind Power (US)
  • Intertek (UK)

Description

Wind Power Market size is valued at USD million in 2021 and is expected to reach a value of USD million by 2028, growing at a notable CAGR during the forecast period 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by turbine capacity, installation, and application. By turbine capacity, the wind power market has been segmented into <100 KW, 100 KW to 500 KW, 500 KW to 1 MW, 1MW to 3 MW and 3 MW. The 100 KW to 500 KW segment is likely to be the largest and fastest-growing segment in terms of turbine capacity. Based on the installation, the wind power market is segmented into offshore and onshore. Among these, the offshore segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of application, the market is segregated into residential and commercial. The residential held considerable market share during the forecast period.

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