Philippines Wind Energy Market (2025-2031) | Companies, Outlook, Segmentation, Growth, Competitive Landscape, Forecast, Analysis, Share, Value, Size & Revenue, Trends, Industry

Name: Philippines Wind Energy Market (2025-2031) | Companies & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Wind Energy Market, Philippines Wind Energy Market, Philippines Wind Energy Market Revenues, Philippines Wind Energy Market Share, Philippines Wind Energy Market Size, Philippines Wind Energy Market Outlook, Philippines Wind Energy Market Report, Philippines Wind Energy Market Competition, Philippines Wind Energy Market Overview, Philippines Wind Energy Market Trends, Philippines Wind Energy Market Forecast

Market Forecast By Capacity (Up to 1 MW, 1 MW to 3 MW, 3 MW to 5 MW, Above 5MW), By Component (Turbine, Support Structure, Electrical Infrastructure, Others), By Location (Onshore, Offshore), By Application (Utility, Non-utility) And Competitive Landscape

Product Code: ETC8854801	Publication Date: Sep 2024	Updated Date: Sep 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Wind Energy Market Overview

The wind energy market is growing, supported by the Philippinesâ renewable energy goals and potential in coastal and highland areas. While still underdeveloped compared to solar, government incentives and international interest are accelerating wind project installations across the archipelago.

Trends of the market

The Philippine wind energy sector is poised for significant expansion, with an expected compound annual growth rate (CAGR) exceeding 15.7% in the coming years. Government initiatives, such as the Renewable Energy Act and the Green Energy Auction Program, are fostering a favorable environment for investment. Notably, projects like the 300MW wind farms by Vena Energy, utilizing MingYang Smart Energy turbines, are set to bolster the country`s renewable energy capacity.

Challenges of the market

The broader wind energy market faces significant hurdles due to inconsistent government policy support, limited grid infrastructure to handle variable renewable energy, and financing constraints for large-scale wind projects. Geographic dispersion across islands complicates logistics and increases costs. There is also a scarcity of local manufacturing capabilities and skilled workforce, which restricts market growth and sustainability.

Investment opportunities in the Market

The Philippines is aggressively pursuing renewable energy, making the wind energy market one of the fastest-growing sectors. Investments in wind farm development, turbine manufacturing, and related infrastructure are strongly supported by government policies and incentives. Private sector involvement in project financing, technology transfer, and local capacity building can tap into the increasing demand for clean energy. Opportunities also lie in hybrid renewable projects combining wind with solar or storage systems.

Government Policy of the market

The wind energy market is primarily governed by the Renewable Energy Act of 2008 and its implementing rules, administered by the DOE. These policies provide fiscal incentives such as tax holidays, feed-in tariffs, and renewable portfolio standards that encourage investment in wind power projects. Environmental Impact Assessment (EIA) requirements and land use regulations protect biodiversity and local communities while fostering sustainable development. The government also promotes local content development to boost domestic manufacturing and service sectors linked to wind energy.

Key Highlights of the Report:

Philippines Wind Energy Market Outlook
Market Size of Philippines Wind Energy Market, 2024
Forecast of Philippines Wind Energy Market, 2031
Historical Data and Forecast of Philippines Wind Energy Revenues & Volume for the Period 2021- 2031
Philippines Wind Energy Market Trend Evolution
Philippines Wind Energy Market Drivers and Challenges
Philippines Wind Energy Price Trends
Philippines Wind Energy Porter's Five Forces
Philippines Wind Energy Industry Life Cycle
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Capacity for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Up to 1 MW for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By 1 MW to 3 MW for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By 3 MW to 5 MW for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Above 5MW for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Component for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Turbine for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Support Structure for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Electrical Infrastructure for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Location for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Onshore for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Offshore for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Utility for the Period 2021- 2031
Historical Data and Forecast of Philippines Wind Energy Market Revenues & Volume By Non-utility for the Period 2021- 2031
Philippines Wind Energy Import Export Trade Statistics
Market Opportunity Assessment By Capacity
Market Opportunity Assessment By Component
Market Opportunity Assessment By Location
Market Opportunity Assessment By Application
Philippines Wind Energy Top Companies Market Share
Philippines Wind Energy Competitive Benchmarking By Technical and Operational Parameters
Philippines Wind Energy Company Profiles
Philippines Wind Energy Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 Philippines Wind Energy Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Wind Energy Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Wind Energy Market - Industry Life Cycle

3.4 Philippines Wind Energy Market - Porter's Five Forces

3.5 Philippines Wind Energy Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.6 Philippines Wind Energy Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 Philippines Wind Energy Market Revenues & Volume Share, By Location, 2021 & 2031F

3.8 Philippines Wind Energy Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Wind Energy Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government support and initiatives promoting renewable energy adoption in the Philippines

4.2.2 Increasing environmental concerns and the need for clean energy sources

4.2.3 Growing demand for energy and efforts to reduce dependence on fossil fuels

4.3 Market Restraints

4.3.1 High upfront costs associated with wind energy projects

4.3.2 Lack of adequate infrastructure and grid connectivity for wind energy in remote areas

4.3.3 Intermittency and variability of wind as a source of energy

5 Philippines Wind Energy Market Trends

6 Philippines Wind Energy Market, By Types

6.1 Philippines Wind Energy Market, By Capacity

6.1.1 Overview and Analysis

6.1.2 Philippines Wind Energy Market Revenues & Volume, By Capacity, 2021- 2031F

6.1.3 Philippines Wind Energy Market Revenues & Volume, By Up to 1 MW, 2021- 2031F

6.1.4 Philippines Wind Energy Market Revenues & Volume, By 1 MW to 3 MW, 2021- 2031F

6.1.5 Philippines Wind Energy Market Revenues & Volume, By 3 MW to 5 MW, 2021- 2031F

6.1.6 Philippines Wind Energy Market Revenues & Volume, By Above 5MW, 2021- 2031F

6.2 Philippines Wind Energy Market, By Component

6.2.1 Overview and Analysis

6.2.2 Philippines Wind Energy Market Revenues & Volume, By Turbine, 2021- 2031F

6.2.3 Philippines Wind Energy Market Revenues & Volume, By Support Structure, 2021- 2031F

6.2.4 Philippines Wind Energy Market Revenues & Volume, By Electrical Infrastructure, 2021- 2031F

6.2.5 Philippines Wind Energy Market Revenues & Volume, By Others, 2021- 2031F

6.3 Philippines Wind Energy Market, By Location

6.3.1 Overview and Analysis

6.3.2 Philippines Wind Energy Market Revenues & Volume, By Onshore, 2021- 2031F

6.3.3 Philippines Wind Energy Market Revenues & Volume, By Offshore, 2021- 2031F

6.4 Philippines Wind Energy Market, By Application

6.4.1 Overview and Analysis

6.4.2 Philippines Wind Energy Market Revenues & Volume, By Utility, 2021- 2031F

6.4.3 Philippines Wind Energy Market Revenues & Volume, By Non-utility, 2021- 2031F

7 Philippines Wind Energy Market Import-Export Trade Statistics

7.1 Philippines Wind Energy Market Export to Major Countries

7.2 Philippines Wind Energy Market Imports from Major Countries

8 Philippines Wind Energy Market Key Performance Indicators

8.1 Capacity factor of wind turbines in the Philippines

8.2 Levelized cost of electricity (LCOE) for wind energy projects

8.3 Number of new wind energy installations in the Philippines

8.4 Investments in wind energy projects in the Philippines

8.5 Percentage of energy generated from wind in the total energy mix of the Philippines

9 Philippines Wind Energy Market - Opportunity Assessment

9.1 Philippines Wind Energy Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.2 Philippines Wind Energy Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 Philippines Wind Energy Market Opportunity Assessment, By Location, 2021 & 2031F

9.4 Philippines Wind Energy Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Wind Energy Market - Competitive Landscape

10.1 Philippines Wind Energy Market Revenue Share, By Companies, 2024

10.2 Philippines Wind Energy Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Wind Energy Market

Asia Pacific Wind Energy Market

Croatia Wind Energy Market

Cuba Wind Energy Market

Cyprus Wind Energy Market

Denmark Wind Energy Market

Djibouti Wind Energy Market

Europe Wind Energy Market

Global Wind Energy Market

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here