U.S. Wind Turbine Installation Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2032)

The U.S. wind turbine installation market is projected to grow from USD 5.1 billion in 2024 to USD 8.4 billion by 2032, with a compound annual growth rate (CAGR) of 6.5%. This growth is fueled by the increasing demand for clean energy, technological advancements in wind turbine efficiency, and substantial federal tax incentives such as the Production Tax Credit (PTC) and Investment Tax Credit (ITC). Additionally, the development of both onshore and offshore wind farms, supported by investments exceeding USD 10 billion since 2021, is accelerating the installation of wind turbines across the U.S. With a focus on reducing carbon emissions and fostering renewable energy, wind power continues to be a key component of the country's energy transition.

Key Insights

Onshore wind turbine installations dominate the market, holding 65% of the market share in 2024, driven by lower costs and the availability of land. However, offshore installations are gaining traction due to the higher wind velocities at sea and the development of large turbine systems.

Utilities are the largest and fastest-growing end-user category, with a CAGR of 7.1%. Utilities invest in large-scale wind farms to meet renewable energy targets and reduce dependence on fossil fuels, benefiting from government incentives that reduce construction and operational costs.

Vertical-axis turbines represent the largest category due to their superior efficiency and high-power generation capabilities, particularly in large-scale wind farms. Direct-drive turbines are the fastest-growing segment, offering gearbox-free designs that enhance reliability and reduce maintenance costs.

The Midwest leads the market, accounting for 40% of the total share in 2024, driven by optimal wind conditions and available land. The South is the fastest-growing region, with states like Texas and Oklahoma seeing increased investment due to favorable wind conditions and supportive government regulations.

Technological innovations, such as larger turbines with intelligent operational systems and offshore developments that require fewer turbines to generate significant energy, are key trends driving market growth.