Report overview
he global energy transition is one of the major trends being witnessed in the market. The power sector around the globe is undergoing a major transition as power generation from fossil fuels is slowly being replaced with renewable sources. The need to reduce the carbon footprint has resulted in many countries implementing renewable energy-specific targets and policies. In addition to policies, the rapidly decreasing cost of renewable technologies, particularly solar and wind, has led to a continuous increase in the production of energy from renewable sources.
This report contains market size and forecasts of Wind Power Systems in Global, including the following market information:
Global Wind Power Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Wind Power Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-Grid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Wind Power Systems include ABB, AES Wind Generation, Alstom, American Electric Power, Cielo Wind Power, DeWind, Dongfang Electric, Enel Green Power and Enercon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Wind Power Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wind Power Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Wind Power Systems Market Segment Percentages, by Type, 2021 (%)
On-Grid
Off-Grid
Global Wind Power Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Wind Power Systems Market Segment Percentages, by Application, 2021 (%)
Utilities
Industrial
Commercial
Others
Global Wind Power Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Wind Power Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wind Power Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Wind Power Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
AES Wind Generation
Alstom
American Electric Power
Cielo Wind Power
DeWind
Dongfang Electric
Enel Green Power
Enercon
Siemens(Gamesa)
GE Energy
Goldwind Science & Technology
Green Mountain Energy
Hitachi
JFE Holdings
Mitsubishi Heavy
Navitas Energy
NextEra Energy Resources
Nordex Aktiengesellschaft
Pacific Hydro
Shell WindEnergy
Siemens
Suncor Energy
Suzlon Energy
Senvion
TransAlta Wind