Increased Climate Concerns, Technological Advancements, Governmental Policies, Cost Reductions, and Energy Needs Drive Global Demand
10-Nov-2023
Global
Market Research
PF27-01-00-00-00
EG_2023_296
Wind energy, as a sustainable renewable energy source (RES), has the potential to meet the increasing global energy demands while reducing carbon emissions. Wind energy can be crucial in transitioning toward cleaner energy sources by utilizing offshore and onshore technologies.
This study analyzes the global wind market, including the onshore and offshore segments. The study comprises sections that examine the annual installed capacities of the wind market on regional and global scales. It highlights significant industry trends driving the market and provides insights into the competitive landscape by reviewing the wind market ecosystem and major market players.
The report offers an in-depth forecast of regional installed wind capacity and revenue from 2020 to 2030 and concludes by listing different growth opportunities available to the primary stakeholders in the evolving wind market. This comprehensive global wind market analysis covers the present state of the wind market and details future trends and challenges, providing valuable insights for stakeholders.
Information on trends, business models, technological innovation, and market participants is from secondary research and discussions with industry stakeholders in the global wind market value chain. The study period is from 2020 to 2030, with 2023 as the base year. The forecast period is from 2023 to 2030. Market information for the base year originates from primary and secondary research data and analyses.
Key Issues Addressed:
- What is the present status of the wind market? What are the latest trends and technological advancements driving the wind market's growth globally?
- What is the wind industry's growth distribution across regions, and what specific factors contribute to the growth in each region?
- What opportunities for growth exist for stakeholders in the wind sector? How can companies within this industry capitalize on these opportunities?
- Who are the players in the wind value chain? How does the competitive landscape look within this ecosystem?
- What are the projected global and regional capacities for wind power from 2023 to 2030?
- How do emerging markets adopt wind energy? How do localized supply chains and new entrants impact the wind market?
Author: Swagath Navin Manohar
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Global Wind Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
Scope of Analysis
Geographic Scope
Questions this Study will Answer
Global Wind Market
Cumulative Installed Capacity
Global Wind Market—2023
Global Wind Market—2023 (continued)
Global Offshore Wind Market—2023
Global Offshore Wind Market—2023 (continued)
Global Wind Market Roadmap
Growth Drivers
Growth Restraints
Key Global Wind Market Trends
Key Global Wind Market Trends (continued)
Rotor Sizes and Turbine Capacities Continue to Increase
Wind Services Become Paramount with Aging Turbines
Supply Chain Bottlenecks Decelerate Wind Energy Momentum
Offshore and Floating Wind Farms—The Future of Global Energy
Growth in Wind Energy to Scale-up Green Hydrogen Production
Expansion beyond Europe and North America into Southeast Asia, LATAM, and North Africa
Wind Energy’s Future—Hybrid Systems and ESSs Lead Growth
Increase in SSPs Offering Tailored Solutions
Community Wind Projects Delivering Local Economic, Social, and Environmental Benefits
Corporate PPAs to Drive Wind Projects
Disruptive Technologies and Digital Solutions Reshaping the Global Wind Market
Upgrades in Grid Infrastructure to Drive Wind Growth
Annual Capacity Additions Forecast
Annual Capacity Additions Forecast by Region
Annual Capacity Additions Forecast by Region (continued)
Annual Capacity Additions Forecast by Type
Annual Investment Forecast
Annual Investment Forecast by Type
Cumulative Installed Capacity Forecast
Cumulative Installed Capacity Forecast by Region
Cumulative Installed Capacity Forecast by Region (continued)
Cumulative Installed Capacity Forecast by Type
North American Wind Market
LATAM Wind Market
European Wind Market
Chinese Wind Market
Indian and RoSA Wind Market
East Asian Wind Market
North African and Middle Eastern Wind Market
Sub-Saharan African Wind Market
ASEAN Wind Market
ANZ and Pacific Wind Market
Russian and CIS Wind Market
Key Stakeholders in the Global Wind Market
Stakeholders in the Global Wind Market Landscape
Global Wind Turbine OEM Ranking—2022
Growth Opportunity 1: Power-to-X (P2X) Projects
Growth Opportunity 1: Power-to-X (P2X) Projects (continued)
Growth Opportunity 2: Hydrogen Infrastructure Development
Growth Opportunity 2: Hydrogen Infrastructure Development (continued)
Growth Opportunity 3: ESSs
Growth Opportunity 3: ESSs (continued)
Growth Opportunity 4: Supply Chain Localization and Optimization
Growth Opportunity 4: Supply Chain Localization and Optimization (continued)
Growth Opportunity 5: Workforce Training and Development
Growth Opportunity 5: Workforce Training and Development (continued)
Growth Opportunity 6: Innovative Business and Finance Models
Growth Opportunity 6: Innovative Business and Finance Models (continued)
Growth Opportunity 7: Investment in Localized R&D Centers
Growth Opportunity 7: Investment in Localized R&D Centers (continued)
Growth Opportunity 8: Digital Platforms for Servicing and Supply Chain Management
Growth Opportunity 8: Digital Platforms for Servicing and Supply Chain Management (continued)
Growth Opportunity 9: Advanced Automation and Analytics Services
Growth Opportunity 9: Advanced Automation and Analytics Services (continued)
Growth Opportunity 10: Improvements in Grid Infrastructure and Smart Grid Solutions
Growth Opportunity 10: Improvements in Grid Infrastructure and Smart Grid Solutions (continued)
Growth Opportunity 11: Decommissioning and Repowering Services
Growth Opportunity 11: Decommissioning and Repowering Services (continued)
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
- Wind Market: Cumulative Installed Capacity, Global, 2023
- Wind Market: Cumulative Installed Capacity, Global, 2020–2023
- Wind Market: Annual Capacity Additions, Global, 2020–2023
- Wind Market: Cumulative Installed Capacity, Regional, 2023
- Wind Market: Annual Capacity Addition (%), Regional, 2023
- Offshore Wind: Annual Capacity Additions, Regional, 2023
- Offshore Wind: Cumulative Installed Capacity by Region, Global, 2023
- Wind Market: Growth Drivers, Global, 2024–2030
- Wind Market: Growth Restraints, Global, 2024–2030
- Wind Market: Growing Turbine Sizes, Global, 2022–2030
- Wind Market: % of Turbines >10 Years Old,Global, 2010–2030
- Wind Market: Net Profits of Major Wind Turbine OEMs, Global, 2019–2022
- Offshore Wind Market: Cumulative Installed Capacity, Global, 2020, 2025 & 2030
- Floating Offshore Wind Market: Cumulative Installed Capacity, Global, 2020, 2025 & 2030
- Green Hydrogen Production: % of Produced Electricity Utilization for Green Hydrogen Production from a 1 GW Wind Farm, Global, 2022
- Grid Battery Energy Storage: Capacity Deployment Forecast by Region, Global, 2020–2030
- Wind Market: Key Tailored Solutions from SSPs, Global, 2023
- Wind Market: Annual Capacity Additions, Global, 2020–2030
- Wind Market: Annual Capacity Additions, Regional, 2020–2030
- Wind Market: Annual Capacity Additions by Type, Global, 2020–2030
- Wind Market: Annual Investment Forecast, Global, 2020–2030
- Wind Market: Annual Investments Forecast by Type, Global, 2020–2030
- Wind Market: Cumulative Installed Capacity, Global, 2020–2030
- Wind Market: Cumulative Installed Capacity Forecast, Regional, 2020–2030
- Wind Market: Cumulative Installed Capacity by Region, Global, 2020–2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, Global, 2020–2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, North America, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, LATAM, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, Europe, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, China, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, India and RoSA, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, East Asia, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, North Africa and the Middle East, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, Sub-Saharan Africa, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, ASEAN, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, ANZ and the Pacific, 2020, 2025, and 2030
- Wind Market: Cumulative Installed Capacity Forecast by Type, Russia and the CIS, 2020, 2025, and 2030
- Wind Market: Top Onshore Wind Turbine Makers (%), Global, 2022
- Wind Market: Top Offshore Wind Turbine Makers (%), Global, 2022
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Key Issues Addressed:
- What is the present status of the wind market? What are the latest trends and technological advancements driving the wind market's growth globally?
- What is the wind industry's growth distribution across regions, and what specific factors contribute to the growth in each region?
- What opportunities for growth exist for stakeholders in the wind sector? How can companies within this industry capitalize on these opportunities?
- Who are the players in the wind value chain? How does the competitive landscape look within this ecosystem?
- What are the projected global and regional capacities for wind power from 2023 to 2030?
- How do emerging markets adopt wind energy? How do localized supply chains and new entrants impact the wind market?
Author: Swagath Navin Manohar
| Deliverable Type | Market Research |
|---|---|
| Author | Swagath Navin Manohar |
| Industries | Energy |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Wind Power Trends |
| Keyword 2 | Wind Energy Market |
| Keyword 3 | Renewable Energy Trends |
| List of Charts and Figures | Wind Market: Cumulative Installed Capacity, Global, 2023~ Wind Market: Cumulative Installed Capacity, Global, 2020–2023~ Wind Market: Annual Capacity Additions, Global, 2020–2023~ Wind Market: Cumulative Installed Capacity, Regional, 2023~ Wind Market: Annual Capacity Addition (%), Regional, 2023~ Offshore Wind: Annual Capacity Additions, Regional, 2023~ Offshore Wind: Cumulative Installed Capacity by Region, Global, 2023~ Wind Market: Growth Drivers, Global, 2024–2030~ Wind Market: Growth Restraints, Global, 2024–2030~ Wind Market: Growing Turbine Sizes, Global, 2022–2030~ Wind Market: % of Turbines >10 Years Old,Global, 2010–2030~ Wind Market: Net Profits of Major Wind Turbine OEMs, Global, 2019–2022~ Offshore Wind Market: Cumulative Installed Capacity, Global, 2020, 2025 & 2030~ Floating Offshore Wind Market: Cumulative Installed Capacity, Global, 2020, 2025 & 2030~ Green Hydrogen Production: % of Produced Electricity Utilization for Green Hydrogen Production from a 1 GW Wind Farm, Global, 2022~ Grid Battery Energy Storage: Capacity Deployment Forecast by Region, Global, 2020–2030~ Wind Market: Key Tailored Solutions from SSPs, Global, 2023~ Wind Market: Annual Capacity Additions, Global, 2020–2030~ Wind Market: Annual Capacity Additions, Regional, 2020–2030~ Wind Market: Annual Capacity Additions by Type, Global, 2020–2030~ Wind Market: Annual Investment Forecast, Global, 2020–2030~ Wind Market: Annual Investments Forecast by Type, Global, 2020–2030~ Wind Market: Cumulative Installed Capacity, Global, 2020–2030~ Wind Market: Cumulative Installed Capacity Forecast, Regional, 2020–2030~ Wind Market: Cumulative Installed Capacity by Region, Global, 2020–2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, Global, 2020–2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, North America, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, LATAM, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, Europe, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, China, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, India and RoSA, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, East Asia, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, North Africa and the Middle East, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, Sub-Saharan Africa, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, ASEAN, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, ANZ and the Pacific, 2020, 2025, and 2030~ Wind Market: Cumulative Installed Capacity Forecast by Type, Russia and the CIS, 2020, 2025, and 2030~ Wind Market: Top Onshore Wind Turbine Makers (%), Global, 2022~ Wind Market: Top Offshore Wind Turbine Makers (%), Global, 2022~ |
| Podcast | No |
| WIP Number | PF27-01-00-00-00 |
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