Wind Power Growth Opportunities

Wind Power Growth Opportunities

Increased Climate Concerns, Technological Advancements, Governmental Policies, Cost Reductions, and Energy Needs Drive Global Demand

RELEASE DATE
10-Nov-2023
REGION
Global
Research Code: PF27-01-00-00-00
SKU: EG_2023_296
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Description

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

Table of Contents

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 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.--BEGIN PROMO--

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

More Information
Author Swagath Navin Manohar
Industries Energy
No Index No
Is Prebook No
Podcast No
WIP Number PF27-01-00-00-00