Global Wind Energy Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	170 Pages	TechNavio	March, 2024	INF18674306

Best Price Guarantee
Price	from $2,500
Length	170 Pages
Publisher	TechNavio
Published Date	March, 2024
SKU	INF18674306

Global Wind Energy Market 2024-2028

The wind energy market is forecasted to grow by USD 47.88 bn during 2023-2028, accelerating at a CAGR of 7.93% during the forecast period. The report on the wind energy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness of environmental pollution and support for renewable energy, increasing demand for clean and sustainable energy sources, and depletion of fossil fuel sources spurring shift to renewable energy sources.

Technavio's wind energy market is segmented as below:

By Type

Onshore
Offshore

By End-user

Industrial
Commercial
Residential

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the integration of energy storage solutions as one of the prime reasons driving the wind energy market growth during the next few years. Also, digitalization and data analytics integration to optimize wind farm operations and innovation in wind turbine technology will lead to sizable demand in the market.

The report on the wind energy market covers the following areas:

Wind energy market sizing
Wind energy market forecast
Wind energy market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind energy market vendors that include ABB Ltd., Acciona SA, Adani Green Energy Ltd., Ameresco Inc., Electricite de France SA, General Electric Co., Inox Wind Ltd., LM Wind Power, Nextera Energy Inc., Orsted AS, ReGen Powertech Pvt. Ltd., Renewable Energy Systems Ltd., SB Wind Energy Pvt Ltd., Siemens Energy AG, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Tata Power Co. Ltd., Vensys Energy AG, Vestas Wind Systems AS, and Northland Power Inc.. Also, the wind energy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global wind energy market 2018 - 2022
  - Table Historic Market Size – Data table on global wind energy market 2018 - 2022 ($ billion)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ billion)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Onshore - Market size and forecast 2023-2028
  - Table Chart on Onshore - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Onshore - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Onshore - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Onshore - Year-over-year growth 2023-2028 (%)
- Offshore - Market size and forecast 2023-2028
  - Table Chart on Offshore - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Offshore - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Offshore - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Offshore - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ billion)
  - Table Data Table on Market opportunity by Type ($ billion)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Industrial - Market size and forecast 2023-2028
  - Table Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Industrial - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
- Commercial - Market size and forecast 2023-2028
  - Table Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Commercial - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Commercial - Year-over-year growth 2023-2028 (%)
- Residential - Market size and forecast 2023-2028
  - Table Chart on Residential - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Residential - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ billion)
  - Table Data Table on Market opportunity by End-user ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
  - Table Data Tables on Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing awareness of environmental pollution and support for renewable energy
  - Increasing demand for clean and sustainable energy sources
  - Depletion of fossil fuel sources spurring shift to renewable energy sources
- Market challenges
  - High upfront costs and investments needed in wind energy
  - Intermittent nature and variability of wind energy production
  - Shortage of locations with adequate wind resources
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Integration of energy storage solutions
  - Digitalization and data analytics integration to optimize wind farm operations
  - Innovation in wind turbine technology
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key news
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- Acciona SA
  - Table Acciona SA - Overview
  - Table Acciona SA - Business segments
  - Table Acciona SA - Key offerings
  - Table Acciona SA - Segment focus
- Adani Green Energy Ltd.
  - Table Adani Green Energy Ltd. - Overview
  - Table Adani Green Energy Ltd. - Product / Service
  - Table Adani Green Energy Ltd. - Key offerings
- Electricite de France SA
  - Table Electricite de France SA - Overview
  - Table Electricite de France SA - Business segments
  - Table Electricite de France SA - Key offerings
  - Table Electricite de France SA - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Nextera Energy Inc.
  - Table Nextera Energy Inc. - Overview
  - Table Nextera Energy Inc. - Business segments
  - Table Nextera Energy Inc. - Key offerings
  - Table Nextera Energy Inc. - Segment focus
- Northland Power Inc.
  - Table Northland Power Inc. - Overview
  - Table Northland Power Inc. - Business segments
  - Table Northland Power Inc. - Key offerings
  - Table Northland Power Inc. - Segment focus
- Orsted AS
  - Table Orsted AS - Overview
  - Table Orsted AS - Product / Service
  - Table Orsted AS - Key offerings
- ReGen Powertech Pvt. Ltd.
  - Table ReGen Powertech Pvt. Ltd. - Overview
  - Table ReGen Powertech Pvt. Ltd. - Product / Service
  - Table ReGen Powertech Pvt. Ltd. - Key offerings
- Siemens Energy AG
  - Table Siemens Energy AG - Overview
  - Table Siemens Energy AG - Business segments
  - Table Siemens Energy AG - Key news
  - Table Siemens Energy AG - Key offerings
  - Table Siemens Energy AG - Segment focus
- Sinovel Wind Group Co. Ltd.
  - Table Sinovel Wind Group Co. Ltd. - Overview
  - Table Sinovel Wind Group Co. Ltd. - Product / Service
  - Table Sinovel Wind Group Co. Ltd. - Key offerings
- Suzlon Energy Ltd.
  - Table Suzlon Energy Ltd. - Overview
  - Table Suzlon Energy Ltd. - Business segments
  - Table Suzlon Energy Ltd. - Key offerings
  - Table Suzlon Energy Ltd. - Segment focus
- Tata Power Co. Ltd.
  - Table Tata Power Co. Ltd. - Overview
  - Table Tata Power Co. Ltd. - Business segments
  - Table Tata Power Co. Ltd. - Key offerings
  - Table Tata Power Co. Ltd. - Segment focus
- Vensys Energy AG
  - Table Vensys Energy AG - Overview
  - Table Vensys Energy AG - Product / Service
  - Table Vensys Energy AG - Key offerings
- Vestas Wind Systems AS
  - Table Vestas Wind Systems AS - Overview
  - Table Vestas Wind Systems AS - Business segments
  - Table Vestas Wind Systems AS - Key news
  - Table Vestas Wind Systems AS - Key offerings
  - Table Vestas Wind Systems AS - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations