Wind Power Generation Market Scope And Analysis

  • Report Code : TIPRE00039043
  • Category : Energy and Power
  • No. of Pages : 150
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Wind Power Generation Market Scope and Analysis by 2030

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Wind Power Generation Market Report Wind Power Generation Market Size and Share Wind Power Generation Market Scope and Analysis

Wind Power Generation Market Report Scope

Report Attribute Details
Market size in 2022 US$ 127.3 Billion
Market Size by 2030 US$ 247.2 Billion
Global CAGR (2022 - 2030) 8.6%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Deployment Type
  • Onshore and Offshore
By Power Capacity
  • Less than 10 MW and Above 10 MW
By End User
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Siemens Gamesa Renewable Energy SA
  • General Electric
  • Mitsubishi Heavy Industries
  • Vestas Wind Systems
  • Renewable Energy Systems Americas
  • EDP Renewables
  • Orsted A S
  • NextEra Energy Inc
  • EDF S A

    • Recent Developments:

    Inorganic and organic strategies such as partnership, collaboration, mergers, and acquisitions are highly adopted by companies operating in the global wind power generation market. A few recent developments by the key market players are listed below:

    Year

    News

    Country

    2024

    Department of Energy, US, partnered with states and research institutes. This partnership is aimed at boosting the development of offshore wind power in the region.

    North America

    2022

    Vestas partnered with PEC Energia for an 86 MW wind park in Brazil. With this project, Vestas surpasses the milestone of 7 GW of order intake in Brazil for installation of 4 MW platform wind turbines since 2018.

    South America

    2022

    Siemens Gamesa formed a new partnership with Azure Power to install 96 turbines with a focus on boosting India's wind industry. This is expected to increase wind power generation in the coming years in India.

    Asia Pacific