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Wind Turbine Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Jul 27, 2025
Length 41 Pages
SKU # IBSS20291814

Description

Wind Turbine Manufacturing in Canada

Canadian wind turbine manufacturing will expand significantly through the end of 2023. Canada is well-suited for generating wind-powered electricity, given that it has large tracts of land and abundant wind resources. Installed wind power capacity in Canada has grown through the end of 2023, aided by federal and provincial government incentives designed to reduce greenhouse gases and promote clean energy. These incentives include tax deductions, feed-in tariffs and governmental guarantees to purchase wind electricity. Wind turbine manufacturing revenue has been surging at a CAGR of 14.5% over the past five years and is expected to total $1.8 billion in 2023, when revenue will likely jump an estimated 0.4%. Profit will also increase due to declining labour costs.

The Wind Turbine Manufacturing industry in Canada researches, develops and manufactures wind turbines for various uses such as residential, industrial and commercial.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

41 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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