Comprehensive Analysis of the Global Wind Energy Market: Historical Insights and Future Growth
The Global Wind Energy Market Size is expected to reach USD 151.47 Billion by 2030, at a CAGR of 8.4% during the forecast period 2022 to 2030.
This report provides a comprehensive historical analysis of the Global Wind Energy Market, covering data and insights from 2017 to 2018 and offering extensive market forecasts from 2021 to 2030, segmented by region/country and subsectors. The analysis includes critical details on pricing, sales volume, revenue, historical growth, gross margin, and future outlooks for the Wind Energy market.
The Wind Energy Market is expected to grow from USD 79.7 billion in 2021 to USD 151.47 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period. This market involves rigorous release control and validation processes essential for its development, particularly in manufacturing industries. The complexity of the system demands meticulous design and strict enforcement.
Leading Players in Wind Energy Include:
- Vestas
- Sinovel
- Goldwind
- EDF Renewable Energy
- ENERCON GmbH
- Suzlon Group
- American Electric Power Company, Inc.
- Dongfang Electric Corporation
- Ming Yang Smart Energy Group Co.
- Nordex SE
- Avangrid, Inc.
- GE Renewable
- ABB Limited
- DONG Energy
- NextEra Energy Inc.
- Siemens Gamesa Renewable Energy S.A.
- Vestas Wind Systems
- United Power
- Exelon Corporation
Market Segmentation by Capacity:
- Up to 1 MW
- 1 MW to 3 MW
- 3 MW to 5 MW
- Above 5 MW
Market Segmentation by Component:
- Turbine
- Support Structure
- Electrical Infrastructure
- Others
Regional Market Segment Includes:
- North America: US, Canada, Mexico
- Europe: Germany, UK, France, Italy, Spain, Russia, Rest of Europe
- Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
In May 2021, GE Renewable Energy and Toshiba Energy Systems and Solutions Corporation signed a partnership agreement to localize essential steps of GE's Haliade-X offshore wind turbine manufacturing process and enable its commercialization.
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