| Product Code: ETC9979576 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, the United States continued to rely heavily on wind turbine imports, with Spain, Germany, Austria, UK, and UAE being the top exporting countries. Despite a concerning high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -30.58% from 2020 to 2024. The negative growth trend persisted with a sharp decline of -52.07% from 2023 to 2024, indicating challenges and fluctuations in the market dynamics.
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 United States (US) Wind Turbine Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Wind Turbine Market - Industry Life Cycle |
3.4 United States (US) Wind Turbine Market - Porter's Five Forces |
3.5 United States (US) Wind Turbine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Wind Turbine Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 United States (US) Wind Turbine Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 United States (US) Wind Turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Favorable government policies and incentives promoting renewable energy adoption. |
4.2.2 Increasing focus on reducing carbon footprint and transitioning to clean energy sources. |
4.2.3 Technological advancements leading to improved efficiency and cost-effectiveness of wind turbines. |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine projects. |
4.3.2 Intermittency and variability of wind as a source of energy. |
4.3.3 Challenges in obtaining permits and approvals for wind farm installations. |
5 United States (US) Wind Turbine Market Trends |
6 United States (US) Wind Turbine Market, By Types |
6.1 United States (US) Wind Turbine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Wind Turbine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Wind Turbine Market Revenues & Volume, By Horizontal, 2021- 2031F |
6.1.4 United States (US) Wind Turbine Market Revenues & Volume, By Vertical, 2021- 2031F |
6.2 United States (US) Wind Turbine Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Wind Turbine Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 United States (US) Wind Turbine Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 United States (US) Wind Turbine Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Wind Turbine Market Revenues & Volume, By Rotator Blade, 2021- 2031F |
6.3.3 United States (US) Wind Turbine Market Revenues & Volume, By Gearbox, 2021- 2031F |
6.3.4 United States (US) Wind Turbine Market Revenues & Volume, By Generator, 2021- 2031F |
6.3.5 United States (US) Wind Turbine Market Revenues & Volume, By Nacelle, 2021- 2031F |
6.3.6 United States (US) Wind Turbine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 United States (US) Wind Turbine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Wind Turbine Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.3 United States (US) Wind Turbine Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4 United States (US) Wind Turbine Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.5 United States (US) Wind Turbine Market Revenues & Volume, By Utility, 2021- 2031F |
7 United States (US) Wind Turbine Market Import-Export Trade Statistics |
7.1 United States (US) Wind Turbine Market Export to Major Countries |
7.2 United States (US) Wind Turbine Market Imports from Major Countries |
8 United States (US) Wind Turbine Market Key Performance Indicators |
8.1 Capacity Factor: Measures the actual output of a wind turbine compared to its maximum potential output over time. |
8.2 Levelized Cost of Energy (LCOE): Indicates the average total cost to build and operate a wind turbine per unit of electricity generated. |
8.3 Turbine Performance Index (TPI): Evaluates the efficiency and reliability of wind turbines in converting wind energy into electricity. |
8.4 Project Development Timeline: Tracks the time taken from project initiation to commercial operation, reflecting efficiency in project execution. |
8.5 Grid Integration: Assesses the ability of wind energy to be smoothly integrated into the existing power grid without disruptions. |
9 United States (US) Wind Turbine Market - Opportunity Assessment |
9.1 United States (US) Wind Turbine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Wind Turbine Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 United States (US) Wind Turbine Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 United States (US) Wind Turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Wind Turbine Market - Competitive Landscape |
10.1 United States (US) Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |