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Market Research Report

Wind Power Market Size, Share & Trends Analysis Report By Location (Onshore, Offshore), By Application (Utility, Non-Utility), By Region (North America, Europe, APAC, South America, MEA), And Segment Forecasts, 2020 - 2027

Published by Grand View Research, Inc. Product code 948062
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Wind Power Market Size, Share & Trends Analysis Report By Location (Onshore, Offshore), By Application (Utility, Non-Utility), By Region (North America, Europe, APAC, South America, MEA), And Segment Forecasts, 2020 - 2027
Published: June 22, 2020 Content info: 130 Pages
Description

Wind Power Market Growth & Trends

The global wind power market demand is expected to reach 88.1 GW by 2027, expanding at a CAGR of 5.2%, according to a new report by Grand View Research, Inc. The market is driven due to increasing demand for clean and affordable energy. Governments across various nations have been supporting the use of renewable energy sources including solar power, hydropower, wind power, and biomass. Regulatory bodies are emphasizing on reducing carbon footprints and reduce reliance on conventional energy sources which in turn is promoting energy generation using wind turbines.

Increasing energy needs in countries such as India, China, U.K., and Brazil, owing to rapid industrialization is projected to have a positive impact on market. Wind energy finds wide use in numerous sectors such as commercial and residential. The onshore turbines have emerged as a valuable renewable energy source, across the world. The cumulative installed onshore turbine power capacity is projected to observe a count of 10.0% in 2019 as compared to the 2018 capacity. Though the offshore turbine sector has been gaining thrust in the market.

Regions such as South America and Middle East and Africa offer a robust business opportunity for the market and countries, such as Brazil, Chile, and South Africa, are expected to play vital role in the development of the market in these regions. Demand for electricity generation from green and clean source is increasing, which is likely to drive the market in coming years. Besides, the massive wind energy potential, coupled with a continuous decrease in the cost of installation, is expected to offer extensive business opportunities to the market in upcoming years.

The utility application segment held the largest volume share in the market in 2019. Easing of installation barriers for utility scale products and low installation cost are the factors driving the growth of the segment. Such projects are installed in large farms, which are connected to nation's transmission system.

Wind Power Market Report Highlights

Various government are focusing on reduction of carbon footprint which is expected to drive the renewable energy generation and thus the market

The onshore location segment accounted for 92.1% market share in 2019

Asia Pacific is projected to grow at a substantial rate throughout the forecast period. China is expected to account for the maximum market share in the region

Wind power accounted for a 7.3% of the total electricity generation mix in U.S. in 2018

North America is likely to display a moderate growth rate during the projected period.

Table of Contents
Product Code: 978-1-68038-064-4

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market segmentation & scope
  • 1.2. Information procurement
    • 1.2.1. Purchased database
    • 1.2.2. GVR's internal database
    • 1.2.3. Secondary sources & third-party perspectives
    • 1.2.4. Primary research
  • 1.3. Information analysis
    • 1.3.1. Data analysis models
  • 1.4. Market formulation & data visualization
  • 1.5. Data validation & publishing

Chapter 2. Executive Summary

Chapter 3. Market Definitions

Chapter 4. Wind Power Market Variables, Trends & Scope

  • 4.1. Market Size and Growth Prospects
  • 4.2. Industry Value Chain Analysis
  • 4.3. Market Dynamics
    • 4.3.1. Market Driver Analysis
    • 4.3.2. Market Restraint/ Challenges Analysis
    • 4.3.3. Opportunity Assessment
  • 4.4. Penetration & Growth Prospect Mapping
  • 4.5. Regulatory Framework
  • 4.6. Business Environment Analysis Tools
    • 4.6.1. Industry Analysis - Porter's
    • 4.6.2. PESTEL Analysis
  • 4.7. Company Market Share Analysis, 2019
  • 4.8. Wind Power Production Outlook

Chapter 5. Wind Power Market Location Outlook

  • 5.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 5.2. Onshore
    • 5.2.1. Onshore wind power market estimates and forecasts, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 5.3. Offshore
    • 5.3.1. Offshore wind power market estimates and forecasts, 2016 - 2027 (Volume, MW, Revenue, USD Million)

Chapter 6. Wind Power Market Application Outlook

  • 6.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 6.2. Utility
    • 6.2.1. Utility scale wind power market estimates and forecasts, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 6.3. Non-Utility
    • 6.3.1. Non-utility scale wind power market estimates and forecasts, 2016 - 2027 (Volume, MW, Revenue, USD Million)

Chapter 7. Wind Power Regional Outlook

  • 7.1. Wind Power Market, By Region, 2019 & 2027
  • 7.2. North America
    • 7.2.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.2.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.2.3. U.S.
      • 7.2.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.2.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.2.4. Canada
      • 7.2.4.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.2.4.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.2.5. Mexico
      • 7.2.5.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.2.5.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 7.3. Europe
    • 7.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.3. Germany
      • 7.3.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.3.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.4. U.K.
      • 7.3.4.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.3.4.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.5. France
      • 7.3.5.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.3.5.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.6. Spain
      • 7.3.6.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.3.6.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.3.7. Italy
      • 7.3.7.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.3.7.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 7.4. Asia Pacific
    • 7.4.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.4.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.4.3. China
      • 7.4.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.4.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.4.4. India
      • 7.4.4.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.4.4.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.4.5. Japan
      • 7.4.5.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.4.5.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 7.5. South America
    • 7.5.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.5.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.5.3. Brazil
      • 7.5.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.5.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.5.4. Chile
      • 7.5.4.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.5.4.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
  • 7.6. MEA
    • 7.6.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.6.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)
    • 7.6.3. South Africa
      • 7.6.3.1. Market estimates and forecasts by location, 2016 - 2027 (Volume, MW, Revenue, USD Million)
      • 7.6.3.2. Market estimates and forecasts by application, 2016 - 2027 (Volume, MW, Revenue, USD Million)

Chapter 8. Competitive Landscape

  • 8.1. Acciona
    • 8.1.1. Company overview
    • 8.1.2. Financial performance
    • 8.1.3. Product benchmarking
    • 8.1.4. Recent developments
  • 8.2. Nordex SE
    • 8.2.1. Company overview
    • 8.2.2. Financial performance
    • 8.2.3. Product benchmarking
    • 8.2.4. Recent developments
  • 8.3. General Electric
    • 8.3.1. Company overview
    • 8.3.2. Financial performance
    • 8.3.3. Product benchmarking
    • 8.3.4. Recent developments
  • 8.4. Envision Group
    • 8.4.1. Company overview
    • 8.4.2. Financial performance
    • 8.4.3. Product benchmarking
    • 8.4.4. Recent developments
  • 8.5. Goldwind
    • 8.5.1. Company overview
    • 8.5.2. Product benchmarking
    • 8.5.3. Product benchmarking
    • 8.5.4. Recent developments
  • 8.6. Siemens Gamesa Renewable Energy, S.A.
    • 8.6.1. Company overview
    • 8.6.2. Financial performance
    • 8.6.3. Product benchmarking
    • 8.6.4. Recent developments
  • 8.7. Suzlon Energy Limited
    • 8.7.1. Company overview
    • 8.7.2. Financial performance
    • 8.7.3. Product benchmarking
    • 8.7.4. Recent developments
  • 8.8. Vestas
    • 8.8.1. Company overview
    • 8.8.2. Financial performance
    • 8.8.3. Product benchmarking
    • 8.8.4. Recent developments
  • 8.9. Sinovel Wind Group
    • 8.9.1. Company overview
    • 8.9.2. Financial performance
    • 8.9.3. Product benchmarking
    • 8.9.4. Recent developments
  • 8.10. Dongfang Electric Corporation
    • 8.10.1. Company overview
    • 8.10.2. Financial performance
    • 8.10.3. Product benchmarking
    • 8.10.4. Recent developments
  • 8.11. ENERCON GmbH
    • 8.11.1. Company overview
    • 8.11.2. Financial performance
    • 8.11.3. Product benchmarking
    • 8.11.4. Recent developments
  • 8.12. Guangdong MingYang Wind Power Industry Group., Ltd
    • 8.12.1. Company overview
    • 8.12.2. Financial performance
    • 8.12.3. Product benchmarking
    • 8.12.4. Recent developments
  • 8.13. Juwi AG
    • 8.13.1. Company overview
    • 8.13.2. Financial performance
    • 8.13.3. Product benchmarking
    • 8.13.4. Recent developments
  • 8.14. Inoxwind
    • 8.14.1. Company overview
    • 8.14.2. Financial performance
    • 8.14.3. Product benchmarking
    • 8.14.4. Recent developments
  • 8.15. Aerodyn Energiesysteme GmbH
    • 8.15.1. Company overview
    • 8.15.2. Financial performance
    • 8.15.3. Product benchmarking
    • 8.15.4. Recent developments

List of Tables

  • TABLE 1 Global Wind Power Market, 2016 - 2027 (MW) (USD Million)
  • TABLE 2 Global Wind Power Market estimates and forecasts by Location, 2016 - 2027 (MW) (USD Million)
  • TABLE 3 Global Wind Power Market estimates and forecasts by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 4 Wind Power - Key Market Restraint
  • TABLE 5 Global Onshore Wind Power market by region, 2016 - 2027 (MW) (USD Million)
  • TABLE 6 Global Offshore Wind Power market by region, 2016 - 2027 (MW) (USD Million)
  • TABLE 7 Global Utility Wind Power market by region, 2016 - 2027 (MW) (USD Million)
  • TABLE 8 Global Non-Utility Wind Power Market by region, 2016 - 2027 (MW) (USD Million)
  • TABLE 9 North America Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 10 North America Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 11 U.S. Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 12 U.S. Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 13 Canada Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 14 Canada Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 15 Mexico Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 16 Mexico Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 17 Europe Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 18 Europe Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 19 Germany Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 20 Germany Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 21 U.K. Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 22 U.K. Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 23 Italy Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 24 Italy. Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 25 France Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 26 France Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 27 Spain Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 28 Spain Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 29 Asia Pacific Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 30 Asia Pacific Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 31 China Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 32 China Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 33 India Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 34 India Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 35 Japan Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 36 Japan Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 37 South America Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 38 South America Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 39 Brazil Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 40 Brazil Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 41 Chile Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 42 Chile Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 43 MEA Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 44 MEA Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • TABLE 45 South Africa Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • TABLE 46 South Africa Wind Power market by application, 2016 - 2027 (MW) (USD Million)

List of Figures

  • FIG. 1 Market segmentation & scope
  • FIG. 2 Wind Power market size and growth prospects
  • FIG. 3 Wind Power Value chain analysis
  • FIG. 4 Market Dynamics
  • FIG. 5 Wind Power Market- Penetration & Growth Prospect Mapping
  • FIG. 6 Porter's Five Forces Analysis
  • FIG. 7 PEST Analysis for Wind Power Industry
  • FIG. 8 Regional outlook, 2019 & 2027
  • FIG. 9 North America Wind Power market by location, 2016 - 2027 (MW)(USD Million)
  • FIG. 10 North America Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 11 U.S. Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 12 U.S. Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 13 Canada Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 14 Canada Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 15 Mexico Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 16 Mexico Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 17 Europe Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 18 Europe Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 19 Germany Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 20 Germany Wind Power market by application, 2016 - 2027 (USD Million)
  • FIG. 21 U.K. Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 22 U.K. Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 23 France Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 24 France Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 25 Italy Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 26 Italy Wind Power market by application, 2016 - 2027 (USD Million)
  • FIG. 27 Spain Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 28 Spain Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 29 Asia Pacific Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 30 Asia Pacific Wind Power market by application, 2016 - 2027 (MW) (USFD Million)
  • FIG. 31 China Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 32 China Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 33 India Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 34 India Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 35 Japan Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 36 Japan Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 37 South America Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 38 South America Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 39 Brazil Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 40 Brazil Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 41 Chile Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 42 Chile Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 43 MEA Wind Power market by location,2016 - 2027 (MW) (USD Million)
  • FIG. 44 MEA Wind Power market by application, 2016 - 2027 (MW) (USD Million)
  • FIG. 45 South Africa Wind Power market by location, 2016 - 2027 (MW) (USD Million)
  • FIG. 46 South Africa Wind Power market by application, 2016 - 2027 (MW) (USD Million)
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