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Global Onshore Wind Power Systems Market 2019-2023

Global Onshore Wind Power Systems Market 2019-2023

About this market

The cost of generating onshore wind power is comparable to the cost of generating power from fossil fuels in many parts of the world. The decline in the LCOE has made wind-based power a reliable option for electricity generation for both utilities that are seeking to generate power from dean sources of energy as well as for consumers. Therefore, the increase in the number of wind turbine installations across the world is driving the growth of the global onshore wind power systems market. The growing electricity demand along with rising awareness of the need to reduce the carbon footprint in electricity generation is encouraging more countries to adopt wind energy, including onshore wind energy. Thus, the declining LCOE of wind power systems will increase the demand for additional onshore wind turbine installations, leading to the gradual growth of the global onshore wind power systems market. Technavio’s analysts have predicted that the onshore wind power systems market will register CAGR of about 6% by 2023.

Market Overview

Regulations pertaining to clean energy

Many countries are gradually moving toward renewable energy such as wind energy to achieve their carbon emission targets and to reduce their dependence on fossil fuels. Many end-users prefer alternative forms of energy and are slowly minimizing the amount of power generated from fossil fuels. These factors will significantly increase new wind farm installations and thus contribute to the growth of the global onshore wind power systems market.

Competition from alternative sources of energy

The growing dependence on alternative sources of energy such as solar and hydro, which is a challenge for the growth of the wind industry, which, in turn, will adversely affect the growth of the global onshore wind power systems market.

For the detailed list of factors that will drive and challenge the growth of the onshore wind power systems market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global renewable energy market
      • Table Segments of global renewable energy market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by technology
    • Table Technology - Market share 2018-2023 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Wind turbine - Market size and forecast 2018-2023
      • Table Wind turbine - Market size and forecast 2018-2023 ($ billions)
      • Table Wind turbine - Year-over-year growth 2019-2023 (%)
    • T&D - Market size and forecast 2018-2023
      • Table T&D - Market size and forecast 2018-2023 ($ billions)
      • Table T&D - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Technological developments in onshore wind energy
    • Growing R&D activities for the development of AWES
    • Rising investments in renewables
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • GENERAL ELECTRIC
      • Table GENERAL ELECTRIC - Vendor overview
      • Table GENERAL ELECTRIC - Business segments
      • Table GENERAL ELECTRIC - Organizational developments
      • Table GENERAL ELECTRIC - Geographic focus
      • Table GENERAL ELECTRIC - Segment focus
      • Table GENERAL ELECTRIC - Key offerings
    • NEXANS
      • Table NEXANS - Vendor overview
      • Table NEXANS - Business segments
      • Table NEXANS - Organizational developments
      • Table NEXANS - Geographic focus
      • Table NEXANS - Segment focus
      • Table NEXANS - Key offerings
    • Siemens Gamesa Renewable Energy, S.A.
      • Table Siemens Gamesa Renewable Energy, S.A. - Vendor overview
      • Table Siemens Gamesa Renewable Energy, S.A. - Business segments
      • Table Siemens Gamesa Renewable Energy, S.A. - Organizational developments
      • Table Siemens Gamesa Renewable Energy, S.A. - Geographic focus
      • Table Siemens Gamesa Renewable Energy, S.A. - Segment focus
      • Table Siemens Gamesa Renewable Energy, S.A. - Key offerings
    • Vestas
      • Table Vestas - Vendor overview
      • Table Vestas - Business segments
      • Table Vestas - Organizational developments
      • Table Vestas - Geographic focus
      • Table Vestas - Segment focus
      • Table Vestas - Key offerings
    • Xinjiang Goldwind Science & Technology Co., Ltd.
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Vendor overview
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Business segments
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Organizational developments
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Geographic focus
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Segment focus
      • Table Xinjiang Goldwind Science & Technology Co., Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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