How big is the Wind Tower Market | Industry Trends & Forecast 2025

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA10071

Publication Date: Oct 2025

What is the size of the Wind Tower Market?

According to 6Wresearch internal database and industry insights, the Global Wind tower Market was valued at USD 23.4 billion in 2024 and is expected to reach USD 36.2 billion by 2031, growing at a compound annual growth rate of 9.30% during the forecast period (2025-2031).

The equipment facilitating this growth includes growing demand for renewable energy sources, wind energy in particular, the continual improvement of the design, materials, strength and durability of wind towers, and higher investments globally into wind projects.

Growth Factors for Wind Tower Industry

Strong growth in the global wind energy capacity is increasing the demand for towers.
Technological advancements in wind tower materials are enhancing structural integrity.
Government policies and subsidies promote the use of renewable energy sources.
Expanding wind farms and offshore wind projects require larger, more efficient towers.
Focus on reducing the cost of wind energy generation to make it more competitive.

Wind Tower Market Trends

The Wind Tower Market is evolving with trends that stem from increased technological development and the general increase in renewable energy generation. Current trends involve the production of taller and stronger towers to effectively generate wind energy, the implementation of advanced materials instead of regular steel, such as carbon fibre utilised in offshore wind towers, and the growth of offshore wind farms necessitating the design of specialised towers. Lastly, wind tower manufacturing and maintenance are shifting to automation and digitalisation to improve operational efficiency and lower costs.

View Main Report

Schedule Analyst Call

Emerging Developments in the Wind Tower Market

The Wind Tower market is developing, including a hybrid tower design using steel, concrete, and other types of construction techniques to reduce costs and increase durability. There are developments in offshore wind tower technology, especially the floating wind tower, which will be used based on economic, energy use, weight, and depth of water. Manufacturers are also focusing on modular construction of towers used for offshore, which are important factors that support and fast-track onshore developers and offshore Wind projects.