Global Onshore Wind Power Systems Market 2023-2027

Description

List of Tables

The onshore wind power systems market is forecasted to grow by USD 42.26 bn during 2022-2027, accelerating at a CAGR of 6.21% during the forecast period. The report on the onshore wind power systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising height and capacity of wind towers, decreasing lcoe in wind energy, and impact of wind energy on climate change mitigation.

Technavio's onshore wind power systems market is segmented as below:

By Technology

Wind turbine
T and D
Others

By End-user

Electric power
Renewable energy
Oil and gas
Aviation
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the digitalization and remote monitoring as one of the prime reasons driving the onshore wind power systems market growth during the next few years. Also, community-owned and local participation in wind energy projects and integration of onshore wind with energy storage technologies will lead to sizable demand in the market.

The report on the onshore wind power systems market covers the following areas:

Onshore wind power systems market sizing
Onshore wind power systems market forecast
Onshore wind power systems market analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading onshore wind power systems market vendors that include AB SKF, AEROVIDE GmbH, Belden Inc., Bora Energy, CS WIND Corp., Doosan Corp., Emergya Wind Technologies BV, ENERCON GmbH, Envision Group, Fujikura Co. Ltd., General Electric Co., K2 Management, Nexans SA, Nordex SE, ReGen Powertech Pvt. Ltd., Siemens AG, Suzlon Energy Ltd., TERNA S.p.A., Vestas Wind Systems AS, and Xinjiang Goldwind Science and Technology Co. Ltd.. Also, the onshore wind power systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70919

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global onshore wind power systems market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global onshore wind power systems market 2017 - 2021 ($ billion)
4.2 Technology Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Technology Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
Exhibit 32: Chart on Comparison by Technology
Exhibit 33: Data Table on Comparison by Technology
6.3 Wind turbine - Market size and forecast 2022-2027
Exhibit 34: Chart on Wind turbine - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Wind turbine - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Wind turbine - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Wind turbine - Year-over-year growth 2022-2027 (%)
6.4 T and D - Market size and forecast 2022-2027
Exhibit 38: Chart on T and D - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on T and D - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on T and D - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on T and D - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Technology
Exhibit 46: Market opportunity by Technology ($ billion)
Exhibit 47: Data Table on Market opportunity by Technology ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Electric power - Market size and forecast 2022-2027
Exhibit 52: Chart on Electric power - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Electric power - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Electric power - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Electric power - Year-over-year growth 2022-2027 (%)
7.4 Renewable energy - Market size and forecast 2022-2027
Exhibit 56: Chart on Renewable energy - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Renewable energy - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Renewable energy - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Renewable energy - Year-over-year growth 2022-2027 (%)
7.5 Oil and gas - Market size and forecast 2022-2027
Exhibit 60: Chart on Oil and gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
7.6 Aviation - Market size and forecast 2022-2027
Exhibit 64: Chart on Aviation - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Data Table on Aviation - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Chart on Aviation - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Aviation - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 72: Market opportunity by End-user ($ billion)
Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Brazil - Market size and forecast 2022-2027
Exhibit 111: Chart on Brazil - Market size and forecast 2022-2027 ($ billion)
Exhibit 112: Data Table on Brazil - Market size and forecast 2022-2027 ($ billion)
Exhibit 113: Chart on Brazil - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
9.12 France - Market size and forecast 2022-2027
Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ billion)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 AB SKF
Exhibit 127: AB SKF - Overview
Exhibit 128: AB SKF - Business segments
Exhibit 129: AB SKF - Key news
Exhibit 130: AB SKF - Key offerings
Exhibit 131: AB SKF - Segment focus
12.4 AEROVIDE GmbH
Exhibit 132: AEROVIDE GmbH - Overview
Exhibit 133: AEROVIDE GmbH - Product / Service
Exhibit 134: AEROVIDE GmbH - Key offerings
12.5 Belden Inc.
Exhibit 135: Belden Inc. - Overview
Exhibit 136: Belden Inc. - Business segments
Exhibit 137: Belden Inc. - Key news
Exhibit 138: Belden Inc. - Key offerings
Exhibit 139: Belden Inc. - Segment focus
12.6 Bora Energy
Exhibit 140: Bora Energy - Overview
Exhibit 141: Bora Energy - Product / Service
Exhibit 142: Bora Energy - Key offerings
12.7 CS WIND Corp.
Exhibit 143: CS WIND Corp. - Overview
Exhibit 144: CS WIND Corp. - Product / Service
Exhibit 145: CS WIND Corp. - Key offerings
12.8 Emergya Wind Technologies BV
Exhibit 146: Emergya Wind Technologies BV - Overview
Exhibit 147: Emergya Wind Technologies BV - Product / Service
Exhibit 148: Emergya Wind Technologies BV - Key offerings
12.9 ENERCON GmbH
Exhibit 149: ENERCON GmbH - Overview
Exhibit 150: ENERCON GmbH - Product / Service
Exhibit 151: ENERCON GmbH - Key offerings
12.10 General Electric Co.
Exhibit 152: General Electric Co. - Overview
Exhibit 153: General Electric Co. - Business segments
Exhibit 154: General Electric Co. - Key news
Exhibit 155: General Electric Co. - Key offerings
Exhibit 156: General Electric Co. - Segment focus
12.11 Nexans SA
Exhibit 157: Nexans SA - Overview
Exhibit 158: Nexans SA - Business segments
Exhibit 159: Nexans SA - Key offerings
Exhibit 160: Nexans SA - Segment focus
12.12 Nordex SE
Exhibit 161: Nordex SE - Overview
Exhibit 162: Nordex SE - Business segments
Exhibit 163: Nordex SE - Key offerings
Exhibit 164: Nordex SE - Segment focus
12.13 ReGen Powertech Pvt. Ltd.
Exhibit 165: ReGen Powertech Pvt. Ltd. - Overview
Exhibit 166: ReGen Powertech Pvt. Ltd. - Product / Service
Exhibit 167: ReGen Powertech Pvt. Ltd. - Key offerings
12.14 Siemens AG
Exhibit 168: Siemens AG - Overview
Exhibit 169: Siemens AG - Business segments
Exhibit 170: Siemens AG - Key news
Exhibit 171: Siemens AG - Key offerings
Exhibit 172: Siemens AG - Segment focus
12.15 TERNA S.p.A.
Exhibit 173: TERNA S.p.A. - Overview
Exhibit 174: TERNA S.p.A. - Business segments
Exhibit 175: TERNA S.p.A. - Key offerings
Exhibit 176: TERNA S.p.A. - Segment focus
12.16 Vestas Wind Systems AS
Exhibit 177: Vestas Wind Systems AS - Overview
Exhibit 178: Vestas Wind Systems AS - Business segments
Exhibit 179: Vestas Wind Systems AS - Key news
Exhibit 180: Vestas Wind Systems AS - Key offerings
Exhibit 181: Vestas Wind Systems AS - Segment focus
12.17 Xinjiang Goldwind Science and Technology Co. Ltd.
Exhibit 182: Xinjiang Goldwind Science and Technology Co. Ltd. - Overview
Exhibit 183: Xinjiang Goldwind Science and Technology Co. Ltd. - Business segments
Exhibit 184: Xinjiang Goldwind Science and Technology Co. Ltd. - Key offerings
Exhibit 185: Xinjiang Goldwind Science and Technology Co. Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 186: Inclusions checklist
Exhibit 187: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 188: Currency conversion rates for US$
13.4 Research methodology
Exhibit 189: Research methodology
Exhibit 190: Validation techniques employed for market sizing
Exhibit 191: Information sources
13.5 List of abbreviations
Exhibit 192: List of abbreviations