Press release
Wind Energy Market size was valued at USD 71 Bn. in 2023 and revenue is expected to grow at a CAGR of 9.5% from 2024 to 2030, reaching nearly USD 85.13 Bn. by 2030 as per Stellar Market Research
Stellar Market Research, has published market intelligence and competitive landscape report on the Wind Energy Market. Over the forecast period, Stellar Market Research expects the size was valued at USD 71 Bn. in 2023 and the total Wind Energy revenue is expected to grow at a CAGR of 9.5% from 2024 to 2030, reaching nearly USD 85.13 Bn. by 2030Know More About The Report:https://www.stellarmr.com/report/Wind-Energy-Market/2141
Wind Energy Market Scope:
Market Size in 2023 USD 71 Bn.
Market Size in 2030 USD 85.13 Bn.
CAGR 9.5% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 255
No. of Tables 120
No. of Charts and Figures 115
Segment Covered by Type, and end-user
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, Stellar Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Wind-Energy-Market/2141
Wind Energy Market Overview:
Wind energy is a fast-advancing technology with significant potential to harness clean energy from land-based and offshore wind sources. In 2023 China leads the global wind energy market in onshore wind turbine nacelle assembly, boasting an annual capacity of 82 GW. Europe follows with 21.6 GW, then the US with 13.6 GW, India with 11.5 GW, and Latin America with 6.2 GW. The supply chain for offshore wind turbines, however, is more focused, with over 99% of installations located in Europe and the Asia-Pacific region.
Wind Energy Market Dynamics:
Wind energy is a key driver of economic growth, environmental sustainability, and community development, contributing over 10% of the U.S. net energy production in 2022. Its cost-effectiveness, technological advancements, and compatibility with various environments bolster its market growth. Global wind capacity saw a record addition of 117 GW in 2023, with significant contributions from China, the U.S., and Europe, underscoring the sector's vital role in the renewable energy transition.
Wind Energy Market Regional Insight:
Asia Pacific has dominated the Wind Energy Market share in 2023 and expected to grow for forecasted period. Asia as a region is witnessing dynamic growth in wind energy deployment, led primarily by China's substantial contributions. The region's growth route is boosted by India's persistent expansion efforts, Japan's strategic investments, and Vietnam's rapid emergence.
In 2023, China further 75 GW of new wind capacity, capturing 65% of the global market, up from 58% in 2022. With a 19.2% annual growth rate, China is on track to exceed 500 GW in 2024, reinforcing its global leadership in wind power.
Wind Energy Market Segmentation:
By Type
Onshore
Offshore
By End-user
Industrial
Commercial
Residential
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Wind-Energy-Market/2141
Leading Wind Energy Market key industry:
Siemens Gamesa Renewable Energy (Zamudio, Spain)
GE Renewable Energy (Paris, France)
Nordex SE (Hamburg, Germany)
Enercon (Aurich, Germany)
Goldwind (Beijing, China)
Suzlon Energy Limited (Pune, India)
MingYang Smart Energy (Zhongshan, China)
Envision Energy (Shanghai, China)
Senvion (Hamburg, Germany)
Sinovel Wind Group (Beijing, China)
Inquire For More Details:https://www.stellarmr.com/report/enquire_now/Wind-Energy-Market/2141
Key questions answered in the Wind Energy Market are:
What are the trends of the Wind Energy Market?
What are the Challenges in the Wind Energy Market?
Which is the fastest growing region in the Wind Energy Market?
What are the projected Wind Energy Market size and growth rate the Market?
What segments are covered in the Market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Stellar Market Research is leading Energy & Power research firm, has also published the following reports:
Low-Carbon Hydrogen Market size was valued at USD 22.73 Bn. in 2023 and is expected to reach USD 68.22 Bn. by 2030, at a CAGR of 17%.
Battery Storage Inverter Market size was valued at USD 2.9 Bn. in 2023 and revenue is expected to grow at a CAGR of 9% from 2024 to 2030, reaching nearly USD 5.51 Bn. by 2030.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
About Stellar Market Research:
Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.
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