PUBLISHER: BCC Research | PRODUCT CODE: 1230310
PUBLISHER: BCC Research | PRODUCT CODE: 1230310
The global market for wind turbines is estimated to increase from $85.2 billion in 2022 to reach $116.0 billion by 2027, at a compound annual growth rate (CAGR) of 6.4% from 2022 through 2027.
North American wind turbines market is estimated to increase from $21.6 billion in 2022 to reach $27.9 billion by 2027, at a CAGR of 5.2% from 2022 through 2027.
Asia-Pacific wind turbines market is estimated to increase from $44.8 billion in 2022 to reach $62.9 billion by 2027, at a CAGR of 7.0% from 2022 through 2027.
This report analyzes different turbine types, installations type, grid connectivity, end use, capacity rating, end user, and regional market development of wind turbines. Furthermore, we also segment the market analysis by major countries in this report, such as the U.S., China, Germany, and others where the opportunities for wind turbines are lucrative.
The report is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current, and future market scenarios. The report also covers leading companies with information on product types, business footprint, revenue, etc. We have also included a list of other companies in global and regional markets. Also, the report includes a patent analysis for the wind turbines market, which represents a significant investment area for investors.
The report incorporates the impact of COVID-19 and the Russia-Ukraine war on the global and regional markets.
In this report 2021 is used as the market's base year, estimated values are provided for 2022 and market values are forecast for the period of 2022 to 2027. All market values are provided in millions of dollars, and market shares and CAGRs are provided in percentages.
Figure A : Research Methodology Steps Adopted for the Global Market for Wind Turbines