Code: MTA6464 | Publication Date: Jul 2025 |
The key players leading this growth include Vestas, Siemens Gamesa, Goldwind, GE Vernova, and Nordex, all of whom are scaling manufacturing and innovating turbine design to meet surging demand. Market growth is driven by several trends including the rising investments in renewable energy, falling levelized cost of wind energy, and widespread government mandates for decarbonization.
Further, there are few trends observed in the market include the shift to larger, more efficient turbines, expanding offshore installations, and the integration of digital twin technology and AI-based predictive maintenance. In terms of region, Asia-Pacific continues to dominate with the highest number of installations, while Europe and North America push forward with large-scale offshore wind farms. As climate goals become stricter and energy security gains urgency, the continuous R&D and favourable policy frameworks drive the wind power.
Company Name | Envision Energy |
Establishment Year | 2007 |
Headquarters | Shanghai, China |
Official Website | Click Here |
Envision is a fast-growing Chinese wind turbine and energy technology company. It integrates digital and AI technologies into its turbines and has expanded operations across Europe, the Americas, and Asia.
Company Name | Siemens Gamesa Renewable Energy S.A. |
Establishment Year | 1976 |
Headquarters | Zamudio, Spain |
Official Website | Click Here |
Siemens Gamesa is a major global player in wind energy, especially strong in offshore wind. It offers innovative turbine technology and large-scale renewable energy projects across Europe, Asia, and the Americas.
Company Name | Goldwind |
Establishment Year | 1998 |
Headquarters | Beijing, China |
Official Website | Click Here |
Goldwind is Chinaâs leading wind turbine manufacturer and ranks among the top globally. It develops gearless permanent magnet turbines and has a significant footprint in Asia, North America, and Latin America.
Company Name | Vestas Wind Systems A/S |
Establishment Year | 1945 |
Headquarters | Aarhus, Denmark |
Official Website | Click Here |
Vestas is the largest wind turbine manufacturer in the world, with a presence in over 80 countries. It specializes in both onshore and offshore wind solutions and leads the market in installed wind capacity globally.
Company Name | GE Vernova |
Establishment Year | 2015 |
Headquarters | Paris, France |
Official Website | Click Here |
GE Vernova is General Electricâs renewable energy division focused on onshore and offshore wind technologies. It is well known for its Haliade-X offshore wind turbine, one of the most powerful in the industry.