Product Code: A190545
According to a new report published by Allied Market Research, titled, "Wind Power Generator Market," The wind power generator market was valued at $21.4 billion in 2022, and is estimated to reach $35.4 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032.

Increase in awareness about climate change, emergence of innovative technology & business module, and growing demand for energy have enhanced the performance of wind power generators in residential utility sectors. According to a report published by the U.S. Energy Information Admission (EIA) in August 2021, 41% of 402 MW of existing small-scale storage power capacity in the U.S. are installed in the residential sectors. In addition, increase in demand for installation of rooftop solar power station across the U.S., the UK, Germany, Italy, China, and France is witnessed in residential installations, owing to the benefit to the installer. These factors are anticipated to enhance the demand for wind power generator in the residential sector.
Wind turbines can pose risks to birds and bats, especially when located along migratory routes or in critical habitats. Collisions with turbine blades or changes in wind patterns near the turbines can result in bird and bat fatalities. Proper site selection and wildlife monitoring are essential to mitigate these impacts.
The operational costs of wind power are relatively low, the initial investment costs for constructing wind farms can be substantial. The high upfront expenses can make it challenging for some projects to secure financing, particularly in regions with less favorable regulatory and market conditions. These factors are projected to hamper the market growth.
According to the International Energy Agency (IEA), the demand for renewable energy has increased since 2015. For instance, the global solar PV capacity additions were expected to reach nearly 107 GW in 2020 in the main case, representing stable growth from 2019. The increase in demand for PV technology is attributed to rise in need for sustainable energy resources, reduction in dependency on conventional fuels, and minimized carbon emission.
According to the International Energy Agency, a France-based energy policy advisor, Solar PV, has registered a growth rate of 22% in 2019 among all other forms of renewable energy sources, such as wind and hydro energy, owing to rise in demand for energy from developing countries, such as India, China, and Thailand, across the Asia-Pacific region. This is attributed to rapid industrialization and urbanization. In addition, implementation of stringent government regulations to reduce carbon emission produced due to usage of conventional fuels has led to increase in adoption of photovoltaic technology for electricity generation. The demand for wind power generator is anticipated to increase with rise in demand for renewable energy. This factor is projected to offer new avenues for the wind power generator market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the wind power generator market analysis from 2022 to 2032 to identify the prevailing wind power generator market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the wind power generator market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global wind power generator market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Investment Opportunities
- Product Life Cycles
- Upcoming/New Entrant by Regions
- Pain Point Analysis
- Strategic Recommedations
- Brands Share Analysis
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Per Capita Consumption Trends
- SWOT Analysis
Key Market Segments
By Installation
By Application
- Horizontal axis wind power
- Vertical axis wind power
By End Use Industry
- Commerical and Industrial
- Utility and Power Generation
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Vestas
- Siemens
- Goldwind
- Samsung Electronics
- ENERCON GmbH
- Senvion
- General Electric
- United Power, Inc.
- NORDEX SE
- Ming Yang Smart Energy Group Limited
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. High threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. High intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise in demand from building & construction sector
- 3.4.1.2. Growing awareness about sustainable packaging solutions
- 3.4.2. Restraints
- 3.4.2.1. High-cost of production and environmental impact
- 3.4.3. Opportunities
- 3.4.3.1. Innovative solution for renewable energy storage systems
- 3.5. Value Chain Analysis
- 3.6. Pricing Analysis
- 3.7. Patent Landscape
- 3.8. Key Regulation Analysis
CHAPTER 4: WIND POWER GENERATOR MARKET, BY INSTALLATION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. On-shore
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Off-shore
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: WIND POWER GENERATOR MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Horizontal axis wind power
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Vertical axis wind power
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: WIND POWER GENERATOR MARKET, BY END USE INDUSTRY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Commerical and Industrial
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Utility and Power Generation
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Others
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: WIND POWER GENERATOR MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Installation
- 7.2.3. Market size and forecast, by Application
- 7.2.4. Market size and forecast, by End Use Industry
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Installation
- 7.2.5.1.2. Market size and forecast, by Application
- 7.2.5.1.3. Market size and forecast, by End Use Industry
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Installation
- 7.2.5.2.2. Market size and forecast, by Application
- 7.2.5.2.3. Market size and forecast, by End Use Industry
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Installation
- 7.2.5.3.2. Market size and forecast, by Application
- 7.2.5.3.3. Market size and forecast, by End Use Industry
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Installation
- 7.3.3. Market size and forecast, by Application
- 7.3.4. Market size and forecast, by End Use Industry
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Installation
- 7.3.5.1.2. Market size and forecast, by Application
- 7.3.5.1.3. Market size and forecast, by End Use Industry
- 7.3.5.2. France
- 7.3.5.2.1. Market size and forecast, by Installation
- 7.3.5.2.2. Market size and forecast, by Application
- 7.3.5.2.3. Market size and forecast, by End Use Industry
- 7.3.5.3. UK
- 7.3.5.3.1. Market size and forecast, by Installation
- 7.3.5.3.2. Market size and forecast, by Application
- 7.3.5.3.3. Market size and forecast, by End Use Industry
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Installation
- 7.3.5.4.2. Market size and forecast, by Application
- 7.3.5.4.3. Market size and forecast, by End Use Industry
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Installation
- 7.3.5.5.2. Market size and forecast, by Application
- 7.3.5.5.3. Market size and forecast, by End Use Industry
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Installation
- 7.3.5.6.2. Market size and forecast, by Application
- 7.3.5.6.3. Market size and forecast, by End Use Industry
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Installation
- 7.4.3. Market size and forecast, by Application
- 7.4.4. Market size and forecast, by End Use Industry
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Installation
- 7.4.5.1.2. Market size and forecast, by Application
- 7.4.5.1.3. Market size and forecast, by End Use Industry
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Installation
- 7.4.5.2.2. Market size and forecast, by Application
- 7.4.5.2.3. Market size and forecast, by End Use Industry
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Installation
- 7.4.5.3.2. Market size and forecast, by Application
- 7.4.5.3.3. Market size and forecast, by End Use Industry
- 7.4.5.4. Australia
- 7.4.5.4.1. Market size and forecast, by Installation
- 7.4.5.4.2. Market size and forecast, by Application
- 7.4.5.4.3. Market size and forecast, by End Use Industry
- 7.4.5.5. South Korea
- 7.4.5.5.1. Market size and forecast, by Installation
- 7.4.5.5.2. Market size and forecast, by Application
- 7.4.5.5.3. Market size and forecast, by End Use Industry
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Installation
- 7.4.5.6.2. Market size and forecast, by Application
- 7.4.5.6.3. Market size and forecast, by End Use Industry
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Installation
- 7.5.3. Market size and forecast, by Application
- 7.5.4. Market size and forecast, by End Use Industry
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Installation
- 7.5.5.1.2. Market size and forecast, by Application
- 7.5.5.1.3. Market size and forecast, by End Use Industry
- 7.5.5.2. Saudi Arabia
- 7.5.5.2.1. Market size and forecast, by Installation
- 7.5.5.2.2. Market size and forecast, by Application
- 7.5.5.2.3. Market size and forecast, by End Use Industry
- 7.5.5.3. South Africa
- 7.5.5.3.1. Market size and forecast, by Installation
- 7.5.5.3.2. Market size and forecast, by Application
- 7.5.5.3.3. Market size and forecast, by End Use Industry
- 7.5.5.4. Rest of LAMEA
- 7.5.5.4.1. Market size and forecast, by Installation
- 7.5.5.4.2. Market size and forecast, by Application
- 7.5.5.4.3. Market size and forecast, by End Use Industry
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. General Electric
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.2. Siemens
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.3. Vestas
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.4. Goldwind
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.5. ENERCON GmbH
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.6. NORDEX SE
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. Senvion
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. Ming Yang Smart Energy Group Limited
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.9. United Power, Inc.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.10. Samsung Electronics
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance