Onshore Wind Energy Global Market Report 2026

Onshore wind energy involves generating electricity from wind turbines installed on land. These turbines capture the wind's kinetic energy and convert it into electrical power through blades connected to a generator. Onshore wind farms are generally situated in areas with consistent and strong winds, such as open plains, hilltops, and coastal regions.

The main types of onshore wind energy products are categorized by their power capacity, less than 500 kilowatts (kW), between 501 kilowatts (kW) and 2 megawatts (MW), and more than 2 megawatts (MW). Turbines with a capacity of less than 500 kilowatts are usually employed for small-scale uses, such as supplying electricity to individual homes, farms, or small businesses. Wind turbines are also classified by wind speed capabilities into high, medium, and low wind speed categories. They can be connected to the grid in different ways, such as off-grid or on-grid, and serve various applications including peak power management, power storage, demand response, frequency response, and system stability. The end users of these turbines include utilities, commercial and industrial sectors, and hybrid power systems.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the onshore wind energy market by increasing costs of imported turbine components, steel towers, gearboxes, generators, and power electronics used in large-scale installations. Utilities and project developers in North America and Europe are most affected due to reliance on imported components, while Asia-Pacific faces cost pressures in export-oriented turbine manufacturing. These tariffs are increasing project capital expenditure and extending development timelines. However, they are also encouraging local turbine manufacturing, regional supply chain localization, and domestic component sourcing, strengthening long-term market resilience.

The onshore wind energy market research report is one of a series of new reports from The Business Research Company that provides onshore wind energy market statistics, including onshore wind energy industry global market size, regional shares, competitors with a onshore wind energy market share, detailed onshore wind energy market segments, market trends and opportunities, and any further data you may need to thrive in the onshore wind energy industry. This onshore wind energy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The onshore wind energy market size has grown strongly in recent years. It will grow from $57.46 billion in 2025 to $60.82 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to expansion of renewable energy targets, availability of suitable land resources, declining onshore wind installation costs, early government incentives for wind power, improvements in turbine efficiency.

The onshore wind energy market size is expected to see strong growth in the next few years. It will grow to $75.39 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing investments in grid modernization, rising demand for clean electricity generation, expansion of hybrid renewable power projects, growing focus on grid reliability solutions, continued reduction in levelized cost of energy. Major trends in the forecast period include increasing deployment of utility-scale onshore wind farms, rising adoption of high-capacity wind turbines, growing integration with energy storage systems, expansion of grid-stabilization wind solutions, enhanced focus on predictive maintenance.

The growing electricity demand is expected to drive the expansion of the onshore wind energy market in the coming years. Electricity demand refers to the total volume of electrical power required by residential, commercial, and industrial users to support everyday activities, technological systems, and economic operations. This increase in demand is fueled by rapid urbanization, technological progress, expanding industrial activities, and rising reliance on electronic devices and digital infrastructure. Onshore wind energy contributes to electricity generation by providing a renewable, cost-effective, and sustainable power source that reduces dependence on fossil fuels while strengthening energy security and lowering carbon emissions. For example, in August 2025, the Energy Information Administration (EIA), a US-based federal agency, projected that electricity sales in the United States would rise by 2.2% in 2025 and 2.4% in 2026, following an estimated 2.3% increase in 2024. Consequently, the increasing demand for electricity is fueling the growth of the onshore wind energy market.

Key players in the onshore wind energy market are focusing on developing advanced onshore wind turbines to improve turbine efficiency, optimize wind resource management, and enhance overall energy production. Onshore wind turbines are land-based devices that generate electricity by capturing wind energy, typically deployed in wind farms. For instance, in April 2023, Goldwind, a wind turbine manufacturer based in China, introduced two new turbine models, the GWH221-8.X-10 and the GWH24X-12. The GWH24X-12.X, with a projected capacity of 12 megawatts (MW), is set to become the largest onshore wind turbine, surpassing even the largest offshore turbines like GE's 14 MW Haliade-X. This development was supported by the Chinese government and industry partners, enabling Goldwind to advance its technology. Goldwind now ranks fourth globally in installed wind energy capacity, with a strong presence in China and projects on multiple continents.

In October 2023, Statkraft AS, a Norway-based renewable energy firm, acquired Njordr Offshore Wind AB and Svevind Nordic AB for an undisclosed amount. This acquisition aims to strengthen Statkraft's position in the Swedish renewable energy market, particularly in onshore and offshore wind power development. Njordr Offshore Wind AB is a Sweden-based company specializing in solar and wind energy projects, including both onshore and offshore wind development. Svevind Nordic AB is a Sweden-based renewable energy firm focused on the development and management of onshore wind power projects.

Major companies operating in the onshore wind energy market are Iberdrola S.A., Duke Energy, NextEra Energy Resources, Vestas Wind Systems AS, Siemens Gamesa Renewable Energy SA, Enel Green Power S.p.A., Pattern Energy Group Inc., Nordex Group, Enercon GmbH, Brookfield Renewable Partners, TransAlta Corp, Renewable Energy Systems RES, Invenergy, Clearway Energy, Boralex Inc, Mainstream Renewable Power, Apex Clean Energy, Windlab Ltd, Gazelle Wind Power Limited, Vortex Bladeless Ltd

North America was the largest region in the onshore wind energy market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the onshore wind energy market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the onshore wind energy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The onshore wind energy market includes revenues earned by entities through related project management, site assessments, and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The onshore wind energy market also includes sales of wind turbines, towers, blades, and generators. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Onshore Wind Energy Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses onshore wind energy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for onshore wind energy ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The onshore wind energy market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Less Than 500 Kilowatt (KW); 500 Kilowatt (KW) To 2 Megawatt (MW); More Than 2 Megawatt (MW)
• 2) By Wind Capacity: High Wind Speed; Medium Wind Speed; Low Wind Speed
• 3) By Grid Connectivity: Off Grid; On Grid
• 4) By Application: Peak Power Management; Power Storage; Demand Response; Frequency Response; System Stability
• 5) By End User: Utilities; Commercial And Industrial; Hybrid Power
• Subsegments:
• 1) By Less Than 500 Kilowatt (KW): Small Residential Wind Turbines; Small Commercial Wind Turbines; Off-Grid Wind Turbines
• 2) By 500 Kilowatt (KW) To 2 Megawatt (MW): Medium-Sized Commercial Wind Turbines; Industrial Wind Turbines; Community Wind Turbines
• 3) By More Than 2 Megawatt (MW): Large Utility-Scale Wind Turbines; High-Capacity Industrial Wind Turbines
• Companies Mentioned: Iberdrola S.A.; Duke Energy; NextEra Energy Resources; Vestas Wind Systems AS; Siemens Gamesa Renewable Energy SA; Enel Green Power S.p.A.; Pattern Energy Group Inc.; Nordex Group; Enercon GmbH; Brookfield Renewable Partners; TransAlta Corp; Renewable Energy Systems RES; Invenergy; Clearway Energy; Boralex Inc; Mainstream Renewable Power; Apex Clean Energy; Windlab Ltd; Gazelle Wind Power Limited; Vortex Bladeless Ltd
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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