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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326553

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1326553

Global Wind Power Equipment Market Size study & Forecast, by Location (Offshore, Onshore), By Equipment (Rotor Blade, Towers, Generator, Gearbox, Others) and Regional Analysis, 2023-2030

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Global Wind Power Equipment Market is valued approximately at USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Wind Power Equipment is a device that uses the power of the wind to generate energy which includes Wind turbines, towers, blades, generators, transformers and other components of a wind power system. The increasing need for renewable energy sources is one of the key factors driving the global market for wind power equipment. In addition, the market for wind power equipment is expected to expand due to increased investments in wind energy and continuous shale development activities anticipated to drive the wind power equipment market.

Wind energy is an important component to the production of renewable energy and the industry has grown steadily as a result of the demand for renewable energy sources and the replacement of traditional sources. However, cohesive government initiatives for renewable energy are supporting the growth of the Wind Power Equipment Market. The governments in different countries are offering incentives and subsidies to encourage the adoption of renewable energy technologies. This includes tax credits, cash grants, and other financial incentives aimed at encouraging the use of wind power equipment, driving the demand for these products. In August 2022 the federal government of the United States introduced the Inflation Reduction Act, a law significantly expanding support for renewable energy in the next 10 years through tax credits and other measures also In Nov 2021 India set revised 2030 objectives of 500 GW of total non-fossil capacity, 50% renewable power generating share, and net zero emissions by 2070. Additionally, technological advancements create growth prospects for the global wind power equipment market also increasing energy independence and enhancing national security. However, the variability in wind power hinders the market as wind speed changes, particularly during weather phenomena such as storms, cause variances.

The key regions considered for the Global Wind Power Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing due to increasing energy demand and renewable energy targets, favorable government policies and incentives, and growing environmental awareness. Latin America is expected to fastest growing significantly during the forecast period, owing to develop as the electrical market places greater emphasis on wind turbine manufacturers delivering high-quality wind turbines. This has broadened the creation of low-cost wind energy through local manufacturing.

Major market player included in this report are:

  • Vestas Wind Systems
  • Goldwind, Suzlon Energy Ltd
  • Enercon gmbH
  • Siemens Games Wind Energy
  • ABB, Mitsubishi Heavy Industries
  • Toshiba Energy system and solutions
  • Tata Power
  • Nordex SE
  • Suzlon Energy Limited
  • Eesti Energia.

Recent Developments in the Market:

  • In January 2023, GE announced today that it has submitted a plan to construct two new manufacturing facilities in New York if it wins a sufficient volume of orders from customers in the State's ongoing solicitation for up to 4.6 GW of offshore wind.
  • On 14 April 2021, Eesti Energeia has signed an agreement with Baltic Wind Power for 10 years. This agreement will cover the total delivery of 3.8 terawatt-hours (TWh) over 10 years.

Global Wind Power Equipment Market Report Scope:

  • Historical Data: 2020 - 2021
  • Base Year for Estimation: 2022
  • Forecast period: 2023-2030
  • Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered: Location, Equipment, Region
  • Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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:

  • Offshore
  • Onshore

By Equipment:

  • Rotor Blade
  • Towers
  • Generator
  • Gearbox
  • Others

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
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
    • 1.2.1. Wind Power Equipment Market, by region, 2020-2030 (USD Billion)
    • 1.2.2. Wind Power Equipment Market, by Location, 2020-2030 (USD Billion)
    • 1.2.3. Wind Power Equipment Market, by Equipment, 2020-2030 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Wind Power Equipment Market Definition and Scope

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

Chapter 3. Global Wind Power Equipment Market Dynamics

  • 3.1. Wind Power Equipment Market Impact Analysis (2020-2030)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing need for renewable energy sources
      • 3.1.1.2. Rise in investment of wind power, has aroused a demand wind power equipment
    • 3.1.2. Market Challenges
      • 3.1.2.1. Area dependency of wind power plan
      • 3.1.2.2. Substitution from the solar energy and gas-fired power plants
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Advancements in Technology
      • 3.1.3.2. Increasing investments in renewable sources of energy

Chapter 4. Global Wind Power Equipment 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
  • 4.2. Porter's 5 Force Impact Analysis
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economic
    • 4.3.3. Social
    • 4.3.4. Technological
    • 4.3.5. Environmental
    • 4.3.6. Legal
  • 4.4. Top investment opportunity
  • 4.5. Top winning strategies
  • 4.6. COVID-19 Impact Analysis
  • 4.7. Disruptive Trends
  • 4.8. Industry Expert Perspective
  • 4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Wind Power Equipment Market, by Location

  • 5.1. Market Snapshot
  • 5.2. Global Wind Power Equipment Market by Location, Performance - Potential Analysis
  • 5.3. Global Wind Power Equipment Market Estimates & Forecasts by Location 2020-2030 (USD Billion)
  • 5.4. Wind Power Equipment Market, Sub Segment Analysis
    • 5.4.1. On-shore
    • 5.4.2. Off-shore

Chapter 6. Global Wind Power Equipment Market, by Equipment

  • 6.1. Market Snapshot
  • 6.2. Global Wind Power Equipment Market by Equipment, Performance - Potential Analysis
  • 6.3. Global Wind Power Equipment Market Estimates & Forecasts by Equipment 2020-2030 (USD Billion)
  • 6.4. Wind Power Equipment Market, Sub Segment Analysis
    • 6.4.1. Rotor Blade
    • 6.4.2. Towers
    • 6.4.3. Generator
    • 6.4.4. Gearbox
    • 6.4.5. Others

Chapter 7. Global Wind Power Equipment Market, Regional Analysis

  • 7.1. Top Leading Countries
  • 7.2. Top Emerging Countries
  • 7.3. Wind Power Equipment Market, Regional Market Snapshot
  • 7.4. North America Wind Power Equipment Market
    • 7.4.1. U.S. Wind Power Equipment Market
      • 7.4.1.1. Location breakdown estimates & forecasts, 2020-2030
      • 7.4.1.2. Equipment breakdown estimates & forecasts, 2020-2030
    • 7.4.2. Canada Wind Power Equipment Market
  • 7.5. Europe Wind Power Equipment Market Snapshot
    • 7.5.1. U.K. Wind Power Equipment Market
    • 7.5.2. Germany Wind Power Equipment Market
    • 7.5.3. France Wind Power Equipment Market
    • 7.5.4. Spain Wind Power Equipment Market
    • 7.5.5. Italy Wind Power Equipment Market
    • 7.5.6. Rest of Europe Wind Power Equipment Market
  • 7.6. Asia-Pacific Wind Power Equipment Market Snapshot
    • 7.6.1. China Wind Power Equipment Market
    • 7.6.2. India Wind Power Equipment Market
    • 7.6.3. Japan Wind Power Equipment Market
    • 7.6.4. Australia Wind Power Equipment Market
    • 7.6.5. South Korea Wind Power Equipment Market
    • 7.6.6. Rest of Asia Pacific Wind Power Equipment Market
  • 7.7. Latin America Wind Power Equipment Market Snapshot
    • 7.7.1. Brazil Wind Power Equipment Market
    • 7.7.2. Mexico Wind Power Equipment Market
  • 7.8. Middle East & Africa Wind Power Equipment Market
    • 7.8.1. Saudi Arabia Wind Power Equipment Market
    • 7.8.2. South Africa Wind Power Equipment Market
    • 7.8.3. Rest of Middle East & Africa Wind Power Equipment Market

Chapter 8. Competitive Intelligence

  • 8.1. Key Company SWOT Analysis
    • 8.1.1. Company 1
    • 8.1.2. Company 2
    • 8.1.3. Company 3
  • 8.2. Top Market Strategies
  • 8.3. Company Profiles
    • 8.3.1. Vestas Wind Systems
      • 8.3.1.1. Key Information
      • 8.3.1.2. Overview
      • 8.3.1.3. Financial (Subject to Data Availability)
      • 8.3.1.4. Product Summary
      • 8.3.1.5. Recent Developments
    • 8.3.2. Goldwind, Suzlon Energy Ltd
    • 8.3.3. Enercon gmbH
    • 8.3.4. Siemens Games Wind Energy
    • 8.3.5. ABB, Mitsubishi Heavy Industries
    • 8.3.6. Toshiba Energy system and solutions
    • 8.3.7. Tata Power
    • 8.3.8. Nordex SE
    • 8.3.9. Suzlon Energy Limited
    • 8.3.10. Eesti Energia.

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Wind Power Equipment Market, report scope
  • TABLE 2. Global Wind Power Equipment Market estimates & forecasts by Region 2020-2030 (USD Billion)
  • TABLE 3. Global Wind Power Equipment Market estimates & forecasts by Location 2020-2030 (USD Billion)
  • TABLE 4. Global Wind Power Equipment Market estimates & forecasts by Equipment 2020-2030 (USD Billion)
  • TABLE 5. Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 6. Global Wind Power Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 7. Global Wind Power Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 8. Global Wind Power Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 9. Global Wind Power Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 10. Global Wind Power Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 11. Global Wind Power Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 12. Global Wind Power Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 13. Global Wind Power Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 14. Global Wind Power Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 15. U.S. Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 16. U.S. Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 17. U.S. Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 18. Canada Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 19. Canada Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 20. Canada Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 21. UK Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 22. UK Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 23. UK Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 24. Germany Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 25. Germany Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 26. Germany Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 27. France Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 28. France Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 29. France Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 30. Italy Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 31. Italy Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 32. Italy Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 33. Spain Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 34. Spain Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 35. Spain Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 36. RoE Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 37. RoE Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 38. RoE Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 39. China Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 40. China Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 41. China Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 42. India Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 43. India Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 44. India Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 45. Japan Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 46. Japan Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 47. Japan Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 48. South Korea Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 49. South Korea Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 50. South Korea Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 51. Australia Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 52. Australia Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 53. Australia Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 54. RoAPAC Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 55. RoAPAC Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 56. RoAPAC Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 57. Brazil Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 58. Brazil Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 59. Brazil Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 60. Mexico Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 61. Mexico Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 62. Mexico Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 63. RoLA Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 64. RoLA Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 65. RoLA Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 66. Saudi Arabia Wind Power Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 67. South Africa Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 68. RoMEA Wind Power Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 69. List of secondary sources, used in the study of global Wind Power Equipment Market
  • TABLE 70. List of primary sources, used in the study of global Wind Power Equipment Market
  • TABLE 71. Years considered for the study
  • TABLE 72. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

  • FIG 1. Global Wind Power Equipment Market, research methodology
  • FIG 2. Global Wind Power Equipment Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Wind Power Equipment Market, key trends 2022
  • FIG 5. Global Wind Power Equipment Market, growth prospects 2023-2030
  • FIG 6. Global Wind Power Equipment Market, porters 5 force model
  • FIG 7. Global Wind Power Equipment Market, pest analysis
  • FIG 8. Global Wind Power Equipment Market, value chain analysis
  • FIG 9. Global Wind Power Equipment Market by segment, 2020 & 2030 (USD Billion)
  • FIG 10. Global Wind Power Equipment Market by segment, 2020 & 2030 (USD Billion)
  • FIG 11. Global Wind Power Equipment Market by segment, 2020 & 2030 (USD Billion)
  • FIG 12. Global Wind Power Equipment Market by segment, 2020 & 2030 (USD Billion)
  • FIG 13. Global Wind Power Equipment Market by segment, 2020 & 2030 (USD Billion)
  • FIG 14. Global Wind Power Equipment Market, regional snapshot 2020 & 2030
  • FIG 15. North America Wind Power Equipment Market 2020 & 2030 (USD Billion)
  • FIG 16. Europe Wind Power Equipment Market 2020 & 2030 (USD Billion)
  • FIG 17. Asia pacific Wind Power Equipment Market 2020 & 2030 (USD Billion)
  • FIG 18. Latin America Wind Power Equipment Market 2020 & 2030 (USD Billion)
  • FIG 19. Middle East & Africa Wind Power Equipment Market 2020 & 2030 (USD Billion)

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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