Product Code: ETC13363078 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Onshore Wind Turbine Market was valued at USD 56.8 Billion in 2024 and is expected to reach USD 82.4 Billion by 2031, growing at a compound annual growth rate of 8.10% during the forecast period (2025-2031).
The Global Onshore Wind Turbine Market is witnessing steady growth driven by increasing demand for renewable energy sources and efforts to reduce carbon emissions. The market is characterized by technological advancements leading to higher efficiency and lower costs of wind turbines, making them more attractive for investors and governments alike. Key players in the market are focusing on innovation to develop larger and more powerful turbines capable of harnessing more wind energy. Europe currently dominates the market, followed by Asia Pacific and North America. Government initiatives promoting clean energy and favorable policies supporting wind power generation are driving market growth. However, challenges such as land availability and intermittent nature of wind energy production remain, prompting the industry to invest in research and development for solutions.
The Global Onshore Wind Turbine Market is experiencing significant growth driven by the increasing focus on renewable energy sources and the push for cleaner energy solutions. Key trends in the market include the development of larger and more efficient wind turbines, advancements in technology such as digitalization and predictive maintenance, and the expanding offshore wind sector. Opportunities for growth lie in emerging markets with favorable government policies and incentives for renewable energy projects, as well as the increasing adoption of wind energy by corporate entities looking to meet sustainability goals. With a growing demand for clean energy globally, the onshore wind turbine market is poised for continued expansion and innovation in the coming years.
The Global Onshore Wind Turbine Market faces various challenges, including regulatory uncertainties, land availability constraints, and intermittency of wind as a renewable energy source. Regulatory uncertainties, such as changing government policies and incentives, can impact investment decisions and project timelines. Land availability constraints can limit the development of onshore wind farms, especially in densely populated or environmentally sensitive areas. The intermittency of wind as a renewable energy source poses challenges in terms of grid integration and energy storage solutions to ensure a stable and reliable power supply. Addressing these challenges requires collaboration between industry stakeholders, policymakers, and technology innovators to drive advancements in onshore wind technology and overcome barriers to its widespread adoption.
The Global Onshore Wind Turbine Market is primarily driven by the increasing demand for clean and sustainable energy sources to reduce carbon emissions and combat climate change. Government initiatives and policies promoting the use of renewable energy, along with the declining costs of wind power technology, have further accelerated the market growth. Additionally, the potential for cost savings and energy independence, as well as the growing focus on energy security, are key factors driving the adoption of onshore wind turbines. Technological advancements leading to improved efficiency and reliability of wind turbines, coupled with the increasing investments in renewable energy projects, are expected to continue fueling the growth of the Global Onshore Wind Turbine Market in the coming years.
Government policies play a crucial role in shaping the global onshore wind turbine market. Various countries have implemented policies to promote the growth of onshore wind energy, such as feed-in tariffs, renewable energy targets, tax incentives, and auctions for project development. In the European Union, the Renewable Energy Directive sets binding renewable energy targets for member states, which has led to significant investments in onshore wind projects. In the United States, the Production Tax Credit (PTC) and Investment Tax Credit (ITC) have been key drivers of onshore wind development. Additionally, countries like China and India have ambitious renewable energy goals, providing a substantial market opportunity for onshore wind turbine manufacturers. Overall, supportive government policies and incentives are instrumental in driving the growth of the global onshore wind turbine market.
The Global Onshore Wind Turbine Market is expected to witness significant growth in the coming years, driven by increasing focus on renewable energy sources and government initiatives to reduce carbon emissions. Technological advancements, cost reductions, and improving efficiency of onshore wind turbines are further contributing to market expansion. The shift towards cleaner energy sources and the rising demand for sustainable power generation solutions are key factors driving the growth of the onshore wind turbine market. Additionally, the increasing investments in wind energy projects, particularly in emerging economies, are expected to create lucrative opportunities for market players. Overall, the future outlook for the Global Onshore Wind Turbine Market appears promising, with continued growth and expansion anticipated in the foreseeable future.
In the Global Onshore Wind Turbine Market, Asia is experiencing significant growth due to government initiatives promoting renewable energy, particularly in countries like China and India. North America is also seeing a rise in onshore wind turbine installations, driven by supportive policies and the increasing focus on sustainability. In Europe, mature markets like Germany and the UK continue to lead the way in onshore wind energy development, while emerging markets in Eastern Europe offer growth opportunities. The Middle East and Africa region is showing promising potential for onshore wind turbines, with countries like South Africa and Egypt investing in wind power projects. Latin America is also a key region for onshore wind energy, with countries like Brazil and Mexico expanding their renewable energy capacity through wind turbines.
Global Onshore Wind Turbine Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Onshore Wind Turbine Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Onshore Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Global Onshore Wind Turbine Market - Industry Life Cycle |
3.4 Global Onshore Wind Turbine Market - Porter's Five Forces |
3.5 Global Onshore Wind Turbine Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Onshore Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Onshore Wind Turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Global Onshore Wind Turbine Market Revenues & Volume Share, By Turbine Type, 2021 & 2031F |
3.9 Global Onshore Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Global Onshore Wind Turbine Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Onshore Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Onshore Wind Turbine Market Trends |
6 Global Onshore Wind Turbine Market, 2021 - 2031 |
6.1 Global Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Rotor Blade, 2021 - 2031 |
6.1.3 Global Onshore Wind Turbine Market, Revenues & Volume, By Nacelle, 2021 - 2031 |
6.1.4 Global Onshore Wind Turbine Market, Revenues & Volume, By Tower, 2021 - 2031 |
6.1.5 Global Onshore Wind Turbine Market, Revenues & Volume, By Generator, 2021 - 2031 |
6.1.6 Global Onshore Wind Turbine Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Up to 1 MW, 2021 - 2031 |
6.2.3 Global Onshore Wind Turbine Market, Revenues & Volume, By 1“3 MW, 2021 - 2031 |
6.2.4 Global Onshore Wind Turbine Market, Revenues & Volume, By 3“5 MW, 2021 - 2031 |
6.2.5 Global Onshore Wind Turbine Market, Revenues & Volume, By Above 5 MW, 2021 - 2031 |
6.3 Global Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Horizontal Axis, 2021 - 2031 |
6.3.3 Global Onshore Wind Turbine Market, Revenues & Volume, By Vertical Axis, 2021 - 2031 |
6.4 Global Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Utility, 2021 - 2031 |
6.4.3 Global Onshore Wind Turbine Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.4.4 Global Onshore Wind Turbine Market, Revenues & Volume, By Off-Grid, 2021 - 2031 |
6.4.5 Global Onshore Wind Turbine Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.5 Global Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Onshore Wind Turbine Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.5.3 Global Onshore Wind Turbine Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.5.4 Global Onshore Wind Turbine Market, Revenues & Volume, By Agricultural, 2021 - 2031 |
6.5.5 Global Onshore Wind Turbine Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Onshore Wind Turbine Market, Overview & Analysis |
7.1 North America Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
7.2 North America Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
7.5 North America Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
7.6 North America Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
7.7 North America Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Onshore Wind Turbine Market, Overview & Analysis |
8.1 Latin America (LATAM) Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
8.5 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
8.6 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
8.7 Latin America (LATAM) Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Onshore Wind Turbine Market, Overview & Analysis |
9.1 Asia Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
9.5 Asia Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
9.6 Asia Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
9.7 Asia Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Onshore Wind Turbine Market, Overview & Analysis |
10.1 Africa Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
10.5 Africa Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
10.6 Africa Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
10.7 Africa Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Onshore Wind Turbine Market, Overview & Analysis |
11.1 Europe Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
11.5 Europe Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
11.6 Europe Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
11.7 Europe Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Onshore Wind Turbine Market, Overview & Analysis |
12.1 Middle East Onshore Wind Turbine Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Onshore Wind Turbine Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Onshore Wind Turbine Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Onshore Wind Turbine Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Onshore Wind Turbine Market, Revenues & Volume, By Capacity, 2021 - 2031 |
12.5 Middle East Onshore Wind Turbine Market, Revenues & Volume, By Turbine Type, 2021 - 2031 |
12.6 Middle East Onshore Wind Turbine Market, Revenues & Volume, By Application, 2021 - 2031 |
12.7 Middle East Onshore Wind Turbine Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Onshore Wind Turbine Market Key Performance Indicators |
14 Global Onshore Wind Turbine Market - Export/Import By Countries Assessment |
15 Global Onshore Wind Turbine Market - Opportunity Assessment |
15.1 Global Onshore Wind Turbine Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Onshore Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Onshore Wind Turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
15.4 Global Onshore Wind Turbine Market Opportunity Assessment, By Turbine Type, 2021 & 2031F |
15.5 Global Onshore Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
15.6 Global Onshore Wind Turbine Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Onshore Wind Turbine Market - Competitive Landscape |
16.1 Global Onshore Wind Turbine Market Revenue Share, By Companies, 2024 |
16.2 Global Onshore Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |