In 2024, Global wind power capacity saw a remarkable boost with the installation of 113.2 GW, marking a growth rate of 11.1% compared to the previous year. As a result, the total Global renewable energy capacity has reached 4448.1 GW, with wind energy accounting for approximately 25.46 % of the Global energy mix.
Even as the wind power generation technology is now relatively advanced, the industry is reaching a stage of maturity in the key markets, with some other markets still evolving. In 2024, around 117 GW of new wind power capacity was added globally, bringing global cumulative wind power capacity up to 1136 GW.
Blackridge Research’s GlobalWind Power Market Outlook report provides comprehensive market analysis on the historical development and targets, the current state of wind power installation scenario, and its outlook. The insights in the research report – market data, policies and regulations, project data, company profiles, and competitive landscape analysis - have been derived primarily from our proprietary databases, and offerings -
The report discusses the impact of various factors on the wind power market, economic trends, and investments. It gives insights into the market dynamics and the challenges of wind power development in the country. It also comprises significant market development trends and highlights how the socio-economic, environmental, and political factors affect the nation’s wind market.
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