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Market Research Report
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1090160

Global Wind Power Market Size study, By Location (Onshore, Offshore), By Application (Utility, Non-Utility), and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Wind Power Market Size study, By Location (Onshore, Offshore), By Application (Utility, Non-Utility), and Regional Forecasts 2022-2028
Published: June 15, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Wind Power Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Wind power is a method in which wind turbines are used to generate mechanical power or electricity. Wind power is a sustainable and renewable source of energy that does not negatively influence the environment. The increasing requirement for replacing conventional sources of energy with renewable sources, ongoing initiatives, and investments undertaken by the various governments, coupled with the reduced cost of wind energy are the most prominent factors surging the growth of the market. For instance, in September 2021, The Union government of India intended to offer viability gap funding (VGF) or grants for offshore wind and storage projects. The government has aimed to add 30GW of offshore wind energy projects by the year 2030 and several distribution companies carry out renovation and modernization of substations. Therefore, the growing investments in wind power are projected to accelerate the market demand across the globe. However, high installation costs and rising adoption of alternative energy sources such as gas-based power and solar power impede the growth of the market over the forecast period of 2022-2028. Also, the rising demand for power resources owing to rapid industrialization and depletion of fossil fuel reserves are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Wind Power Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the ongoing initiatives undertaken by the various regulatory bodies, along with the growing focus on the development of renewable infrastructure. Whereas, Europe is anticipated to exhibit a substantial growth rate over the forecast period 2022-2028. Factors such as the growing investment in the infrastructural development, as well as raising awareness of the renewable energy sources, would create lucrative growth prospects for the Wind Power Market across the European region.

Major market players included in this report are:

DONG Energy

GE Wind

Vestas

Siemens Wind Power

Acciona

Nordex SE

Sinovel Wind Group

ReGen Powertech Private Limited

ABB Limited

NextEra Energy Inc.

Northland Power Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Location:

Onshore

Offshore

By Application:

Utility

Non-Utility

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Wind Power Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. Wind Power Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. Wind Power Market, by Location, 2020-2028 (USD Million)
    • 1.2.3. Wind Power Market, by Application, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Wind Power Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Wind Power Market Dynamics

  • 3.1. Wind Power Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing requirement for replacing conventional sources of energy with renewable sources
      • 3.1.1.2. Ongoing initiatives and investments undertaken by the various governments
    • 3.1.2. Market Challenges
      • 3.1.2.1. High installation costs
      • 3.1.2.2. Rising adoption of alternative energy sources such as gas-based power and solar power
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising demand for power resources owing to rapid industrialization
      • 3.1.3.2. Depletion of fossil fuel reserves

Chapter 4. Global Wind Power Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Wind Power Market, by Location

  • 6.1. Market Snapshot
  • 6.2. Global Wind Power Market by Location, Performance - Potential Analysis
  • 6.3. Global Wind Power Market Estimates & Forecasts by Location, 2018-2028 (USD Million)
  • 6.4. Wind Power Market, Sub Segment Analysis
    • 6.4.1. Onshore
    • 6.4.2. Offshore

Chapter 7. Global Wind Power Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Wind Power Market by Application, Performance - Potential Analysis
  • 7.3. Global Wind Power Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
  • 7.4. Wind Power Market, Sub Segment Analysis
    • 7.4.1. Utility
    • 7.4.2. Non-Utility

Chapter 8. Global Wind Power Market, Regional Analysis

  • 8.1. Wind Power Market, Regional Market Snapshot
  • 8.2. North America Wind Power Market
    • 8.2.1. U.S. Wind Power Market
      • 8.2.1.1. Location breakdown estimates & forecasts, 2018-2028
      • 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
    • 8.2.2. Canada Wind Power Market
  • 8.3. Europe Wind Power Market Snapshot
    • 8.3.1. U.K. Wind Power Market
    • 8.3.2. Germany Wind Power Market
    • 8.3.3. France Wind Power Market
    • 8.3.4. Spain Wind Power Market
    • 8.3.5. Italy Wind Power Market
    • 8.3.6. Rest of Europe Wind Power Market
  • 8.4. Asia-Pacific Wind Power Market Snapshot
    • 8.4.1. China Wind Power Market
    • 8.4.2. India Wind Power Market
    • 8.4.3. Japan Wind Power Market
    • 8.4.4. Australia Wind Power Market
    • 8.4.5. South Korea Wind Power Market
    • 8.4.6. Rest of Asia Pacific Wind Power Market
  • 8.5. Latin America Wind Power Market Snapshot
    • 8.5.1. Brazil Wind Power Market
    • 8.5.2. Mexico Wind Power Market
  • 8.6. Rest of The World Wind Power Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. DONG Energy
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. GE Wind
    • 9.2.3. Vestas
    • 9.2.4. Siemens Wind Power
    • 9.2.5. Acciona
    • 9.2.6. Nordex SE
    • 9.2.7. Sinovel Wind Group
    • 9.2.8. ReGen Powertech Private Limited
    • 9.2.9. ABB Limited
    • 9.2.10. NextEra Energy Inc.
    • 9.2.11. Northland Power Inc.

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Wind Power Market, report scope
  • TABLE 2. Global Wind Power Market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global Wind Power Market estimates & forecasts by Location 2018-2028 (USD Million)
  • TABLE 4. Global Wind Power Market estimates & forecasts by Application 2018-2028 (USD Million)
  • TABLE 5. Global Wind Power Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 6. Global Wind Power Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 7. Global Wind Power Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global Wind Power Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global Wind Power Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global Wind Power Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global Wind Power Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global Wind Power Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global Wind Power Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global Wind Power Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. U.S. Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. U.S. Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 17. U.S. Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 18. Canada Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 19. Canada Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 21. UK Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 22. UK Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 24. Germany Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 25. Germany Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 27. RoE Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 28. RoE Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 30. China Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 31. China Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 33. India Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 34. India Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 36. Japan Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 37. Japan Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 39. RoAPAC Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 40. RoAPAC Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 42. Brazil Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 43. Brazil Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 45. Mexico Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 46. Mexico Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 48. RoLA Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 49. RoLA Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 51. Row Wind Power Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 52. Row Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row Wind Power Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 54. List of secondary sources, used in the study of global Wind Power Market
  • TABLE 55. List of primary sources, used in the study of global Wind Power Market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Wind Power Market, research methodology
  • FIG 2. Global Wind Power Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Wind Power Market, key trends 2021
  • FIG 5. Global Wind Power Market, growth prospects 2022-2028
  • FIG 6. Global Wind Power Market, porters 5 force model
  • FIG 7. Global Wind Power Market, pest analysis
  • FIG 8. Global Wind Power Market, value chain analysis
  • FIG 9. Global Wind Power Market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global Wind Power Market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global Wind Power Market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global Wind Power Market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global Wind Power Market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global Wind Power Market, regional snapshot 2018 & 2028
  • FIG 15. North America Wind Power Market 2018 & 2028 (USD Million)
  • FIG 16. Europe Wind Power Market 2018 & 2028 (USD Million)
  • FIG 17. Asia Pacific Wind Power market 2018 & 2028 (USD Million)
  • FIG 18. Latin America Wind Power Market 2018 & 2028 (USD Million)
  • FIG 19. Global Wind Power Market, company market share analysis (2021)