What is the global market size of Onshore Wind Energy Market?

Onshore Wind Energy Market size was valued at USD 49.5 billion in 2021 and is poised to grow from USD 51.93 billion in 2022 to USD 72.58 billion by 2030, at a CAGR of 4.90%during the forecast period (2023-2030).

Top Onshore Wind Energy Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Onshore Wind Energy Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Onshore Wind Energy industry players.

Onshore Wind Energy Market Competitive Landscape

Onshore Wind Energy Market Top Player’s Company Profiles

Vestas (Denmark)

GE Renewable Energy (United States)

Siemens Gamesa Renewable Energy (Spain)

Goldwind (China)

Nordex Group (Germany)

Enercon (Germany)

Suzlon Energy (India)

MingYang Smart Energy (China)

ENERCON (Germany)

Siemens AG (Germany)

Nordex SE (Germany)

Senvion S.A. (Luxembourg)

Siemens Wind Power (Denmark)

General Electric Company (United States)

Gamesa Corporacion Tecnologica (Spain)

United Power Technology (China)

Mingyang Group (China)

EWT (Netherlands)

EDP Renovaveis SA (Portugal)

Clipper Windpower (United Kingdom)

ReGen Powertech (India)

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FAQs

Onshore Wind Energy Market size was valued at USD 61.68 Billion in 2024 and is poised to grow from USD 65.75 Billion in 2025 to USD 109.64 Billion by 2033, growing at a CAGR of 6.6% during the forecast period (2026–2033).

Major industry companies are investing a lot of money in R&D to expand their product offerings, which will spur further growth in the onshore wind energy market. Significant market developments include new product releases, contractual agreements, mergers and acquisitions, greater investments, and collaboration with other organizations. Market participants are also implementing a variety of strategic strategies to increase their global footprint. In order to grow and compete in a more cutthroat and competitive market climate, onshore wind energy competitors must provide products that are cost-effective. 'Siemens Gamesa Renewable Energy, S.A. (Spain)', 'GE Vernova (USA) ', 'Goldwind (China) ', 'Envision Energy (China) ', 'Nordex SE (Germany) ', 'Enercon GmbH (Germany) ', 'Suzlon Energy Limited (India) ', 'Mingyang Smart Energy Group Co., Ltd. (China) ', 'Sinovel Wind Group Co., Ltd. (China) ', 'Acciona Energias Renovables (Spain) ', 'EDF Renewables (France) ', 'Orsted A/S (Denmark) ', 'Invenergy LLC (USA) ', 'EDP Renewables (Portugal) ', 'NextEra Energy, Inc. (USA)'

The growing awareness of climate change and the need to reduce greenhouse gas emissions is driving demand for clean energy sources, including wind power. Consumers and businesses are increasingly demanding renewable energy sources, and wind energy is well-positioned to meet this demand.

The Global onshore wind energy market is witnessing a revolution initiated by numerous evolving trends that are shaping the future of renewable energy. An evident trend is the incessant expansion of wind turbines concerning their size and capability. Wind turbines have undergone a significant technological transformation with turbines currently featuring enlarged rotor diameters and greater generating capacities. Consequently, this progression is driving augmented energy production efficiency, making onshore wind power a more cost-effective and enduring energy source.

The CAGR for the Asia Pacific onshore wind energy market is projected to be around 10%. The Asia Pacific onshore wind energy market is expected to see significant growth in the coming years, driven by increasing demand for electricity and the need to reduce carbon emissions. China is one of the largest producers of wind energy in the world, while India and Australia are emerging as key markets for onshore wind energy. The dominant segment in this region is power generation, while the fastest-growing segment is the more than 3 MW segment.

Top Onshore Wind Energy Companies

Onshore Wind Energy Market Competitive Landscape

FAQs

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