Wind Power Market was valued at US$ 61.63 GW in 2022 and is expected to reach US$ 91.06 GW by 2029, at a CAGR 5% from 2022-2029.
Wind Power Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios Industry benchmarks. The region wise consumer preference, market size Industrial rivalry is also covered in detailed
Wind Power Market Report Scope and Research Methodology
The Wind Power Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Wind Power industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. The PESTLE analysis was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Wind Power Market.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Wind Power market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Wind Power market size, the bottom-up approach was used.
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Wind Power Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe Middle East and Africa. The report includes a detailed explanation of market size, trends, competition adoption of technology region wise.
Wind Power Market Segmentation
Onshore and offshore locations, utility and non-utility applications, utility and non-utility end-users, industrial, commercial, and residential end-users, and regions (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America) are the categories into which the wind power market is classified.In comparison to the previous year, the implemented capacity from the offshore zone represented a 26% increase in implemented capacity. By the end of 2021, Europe will account for more than 80% of the global increase in installed offshore wind capacity.Germany, China, and the U.K. all have an impact on the offshore wind energy industry. Nearly half of Europe's capacity was accounted for by the U.K. in 2021, and the nation's offshore wind companies are expected to couple after the countries division for business, power, and industrial plan proclaimed long-term government.
China's offshore enterprises are gradually gaining influence, despite the fact that the center of focus before was the extremely successful offshore zone in Europe. In 2021, the countries had installed 1,162 MW of contemporary wind energy capacity, which was distributed among 18 offshore wind turbines. Nine of them, totaling 969 MW, were located in Jiangsu region, which is expected to be the key hub for offshore wind expansion. India is focusing on overseas expansion as well.India requested declarations of interest in the first offshore wind energy projects in the world, which are being planned in the Gulf of Khambat, off the coast of the Gujarat area, in June 2021.
Wind Power Market Key Players :
• Vestas
• General Electric
• Senvion SA
• Wind World Limited
• Orient Green Power Company Ltd.
• Indowind
• DNV GL
• Siemens Gamesa Renewable Energy SA
• Golwind
• Bergey Wind Power
• Duke Energy Corporation
• Orsted A/S
• Acciona Energia SA
• NextEra Energy, Inc.
• Suzlon Group
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Table Of content :
1. Global Wind Power Market: Research Methodology
2. Global Wind Power Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Wind Power Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Wind Power Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 MA by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
4. Global Wind Power Market Segmentation
4.1 Global Wind Power Market, by Location (2022-2029)
• Onshore
• Offshore
4.2 Global Wind Power Market, by Application (2022-2029)
• Utility
• Non Utility
4.3 Global Wind Power Market, by End User (2022-2029)
• Industrial
• Commercial
• Residential
5. North America Wind Power Market(2022-2029)
5.1 North America Wind Power Market, by Location (2022-2029)
• Onshore
• Offshore
5.2 North America Wind Power Market, by Application (2022-2029)
• Utility
• Non Utility
5.3 North America Wind Power Market, by End User (2022-2029)
• Industrial
• Commercial
• Residential
5.4 North America Wind Power Market, by Country (2022-2029)
• United States
• Canada
• Mexico
Key questions answered in the Wind Power Market are:
- What is Identity Verification?
- What are the global trends in the Wind Power Market?
- What was the Wind Power Total Market size in 2022?
- What is expected Wind Power Market size by 2029?
- Who held the largest market share in Wind Power Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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