How big is the Onshore Wind Turbine Market | Size, Share & Growth Trends 2025

Code: MTA8478 Publication Date: Sep 2025

What is the size of Onshore Wind Turbine Market?

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).

As countries invest in renewable energy infrastructure, the market is benefiting from investments in wind infrastructure, with a focus on plant optimization, reduced prices, and technological advancements. As turbine technologies progress, along with regulatory policies, the overall adoption of wind as a fuel source is mainly across multiple energy portfolios.

Growth Factors for Onshore Wind Turbine Industry

  • Social focus on decarbonization, plant to renewable power.
  • Cost competitiveness with wind energy compared to fossil fuels is shifting.
  • Improved turbine efficiency, capacity, and overall manufacturing quality.
  • Wind installations provide energy access to developing parts of the world
  • Quality supportive policies, options including tax incentives and feed-in tariffs.

Onshore Wind Turbine Market Trends

The trends in the Onshore Wind Turbine Market show an increased pace of transformation to larger rotor diameters and greater hub heights, allowing larger amounts of energy to be harvested in low-wind areas as well. Manufacturers are also focusing on designs that are modular and facilitate ease of transport to help mitigate some of the logistical issues of remote sites.

Another trend is the inclusion of digital monitoring, predictive maintenance, and advanced data analytics to improve turbine performance. There is an increasing number of strategic partnerships being formed between energy companies to develop hybrid renewable projects, integrating solar and storage elements in addition to wind.

Emerging Developments in the Onshore Wind Turbine Market

The developments in the Onshore Wind Turbine Market are influenced by emergent technologies associated with blade materials, including recyclable composites, as companies are actively seeking to pursue sustainability and limit end-of-life waste selection. The wider acceptance of direct-drive generators is also resulting in less maintenance and an enhancement of improved operational reliability.

Moreover, emerging markets are experiencing relentless capacity growth, in part driven through local manufacturing and competitive bidding mechanisms. The technology transfer of offshore-to-onshore turbine designs is also leading to more efficient designs that are appropriate to a range of terrains and climates.

List of Leading Companies in the Onshore Wind Turbine Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Vestas Wind Systems A/S

Company NameVestas Wind Systems A/S
Established Year1945
HeadquartersAarhus, Denmark
Official WebsiteClick Here

Vestas is a global leader in designing, manufacturing, and servicing onshore wind turbines, delivering high-efficiency solutions for renewable energy generation worldwide.

2. Siemens Gamesa Renewable Energy

Company NameSiemens Gamesa Renewable Energy
Established Year1976
HeadquartersZamudio, Spain
Official WebsiteClick Here

Siemens Gamesa offers advanced onshore wind turbine technologies and services, focusing on maximizing energy yield and reducing the cost of wind power.

3. GE Vernova (GE Renewable Energy)

Company NameGE Vernova (GE Renewable Energy)
Established Year2015
HeadquartersParis, France
Official WebsiteClick Here

GE Vernova provides innovative onshore wind turbine solutions with scalable capacities, ensuring optimal performance, reliability, and integration into renewable energy grids.

4. Nordex SE

Company NameNordex SE
Established Year1985
HeadquartersHamburg, Germany
Official WebsiteClick Here

Nordex specializes in efficient, large-capacity onshore wind turbines designed for diverse climate conditions, offering tailored solutions for global wind power projects.

5. Enercon GmbH

Company NameEnercon GmbH
Established Year1984
HeadquartersAurich, Germany
Official WebsiteClick Here

Enercon develops gearless onshore wind turbines with advanced rotor technology, delivering sustainable, low-maintenance energy generation systems for various wind conditions.

6. MingYang Smart Energy

Company NameMingYang Smart Energy
Established Year2006
HeadquartersZhongshan, China
Official WebsiteClick Here

MingYang Smart Energy produces high-performance onshore wind turbines, integrating intelligent control systems for enhanced efficiency and long-term operational reliability.

7. Suzlon Energy Limited

Company NameSuzlon Energy Limited
Established Year1995
HeadquartersPune, India
Official WebsiteClick Here

Suzlon designs and manufactures onshore wind turbines tailored for emerging markets, offering cost-effective renewable energy solutions with strong after-sales service.

8. Goldwind

Company NameGoldwind
Established Year1998
HeadquartersBeijing, China
Official WebsiteClick Here

Goldwind delivers advanced onshore wind turbine technology with smart monitoring systems, enhancing power generation efficiency and operational flexibility.

9. Acciona Energia

Company NameAcciona Energia
Established Year1997
HeadquartersMadrid, Spain
Official WebsiteClick Here

Acciona Energia develops and operates onshore wind farms using high-efficiency turbines, focusing on sustainability and renewable power integration worldwide.

10. Envision Energy

Company NameEnvision Energy
Established Year2007
HeadquartersShanghai, China
Official WebsiteClick Here

Envision Energy manufactures intelligent onshore wind turbines, integrating digital solutions to optimize performance, reduce downtime, and maximize clean energy production.

How big is the Onshore Wind Turbine Market : FAQ's

The Onshore Wind Turbine Market is expected to surpass USD 82.4 Billion by 2031.
Asia-Pacific and Europe account for major market shares, driven by renewable energy expansion targets.
Key trends include larger rotor designs, recyclable blade materials, hybrid renewable integration, and predictive maintenance technologies.
Leading players include Vestas, Siemens Gamesa, GE Vernova, Nordex, and Goldwind.
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.
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