Wind Power Equipment – Global Markets, Products, Technologies & Competition: Analysis & Forecasts
Dedalus Consulting's intelligence coverage offers a comprehensive analysis of growing wind energy industry. Our Published Intelligence Report and the new Ulysses™ database both build on our wealth of accumulated knowledge.
The 2024 wind energy dataset provides quantitative data and qualitative analysis on the global market by country, end-user industry, equipment type, application, and competitors. Expanded coverage includes additional producer profiles, and pivot table capabilities within the Ulysses™ platform.
Data and analysis is available for the years 2023 to 2040.
Published: April 2024
Summary of Report Contents
Our published research has been industry proven as a consistently reliable source of market intelligence for many years. Through our work publishing research reports and consulting on energy equipment markets, we have been able to offer clients valuable insights into new and existing markets.
The report contains over 150 pages and over 125 charts/graphs.
Scope of Coverage
Scope of Coverage
The following categories present how the data was developed, organized and is presented. Breaking the data into specific categories is essential to analyze and draw meaningful insights. The breakdowns are designed to highlight key patterns and trends in the data, as well as to facilitate comparisons between different groups or segments.
Each section contains quantitative market data including market by consumption value (US$Millions), volume (UnitsMillions) and average selling price (US$/Unit). Data tables and visualizations include breakdowns by country, end-user industry & applications, operating frequencies, packaging and connector types, and supplier sales & market share. Data and analysis is available for the years 2023 to 2040 with actuals through 2023 and forecasts to 2040.
Research Objectives & Methodology
Research Objectives
The primary objectives in this analysis are:
- to provide clients with the tools they need to accurately assess their market opportunities and potential;
- to determine regional wind energy production capacity by year through 2024, 2030, and 2040;
- to determine the size of total market for wind energy consumption and production equipment by country, end-user industry, and application;
- to forecast future growth in each product by geographic and end-use market; and
- to assess the competitive environment within the market including supplier sales and market share by year.
Methodology & Sources
Dedalus Consulting employs all current market and competitive intelligence techniques in order to ensure comprehensive research and analysis. This includes primary and secondary research. The research methodology applies generally to all database services, published and custom research. It can also be modified to suit a project and the client’s specific objectives.
To read more about our methodology, please see our dedicated methodology page.
Equipment Types Covered
Equipment Types Covered
Type of Equipment Analyzed
- Turbines
- Type
- HAWT
- VAWT
- Other
- Size
- Small
- Large
- Other
- Location
- On-shore
- Off-shore
- Rotors
- Turbine Blades
- Hubs
- Pitch Control
- Mechanical Brakes
- Other
- Nacelle/Controls
- Rotor Shaft
- Brakes
- Generators
- Gearboxes
- Pitch Control
- Yaw Systems
- Other
- Towers
- Tubular Steel
- Lattice
- Guyed Pole
- Other
- Electrical and Control Systems
- Generators
- Converters
- Transformers
- Other
- Balance of Station
Geographic Coverage
Geographic Coverage
- Africa
- Australia
- Brazil
- Canada
- China
- France
- Germany
- India
- Italy
- Japan
- Korea
- Mexico
- Middle East
- Russia
- Singapore
- Spain
- Sweden
- Switzerland
- Taiwan
- United Kingdom
- United States
- Other Asia/Pacific
- Other CIS
- Other EU
- Other Europe
- Other Latin America
- Rest of World
End-User Industries Covered
End-User Industries
- Aerospace
- Automotive
- Chemical Processing
- Communications
- Commercial
- Construction
- Defense/Military/Government
- Electronics
- Food Processing
- Machining
- Medical/Research
- Oil, Gas & Mining
- Paper & Pulp Industry
- Power Generation
- Residential
- Transportation
- Other
Timeframe
Timeframe
- Ulysses™ Data Subscription Service *
- Standard Package: 2016-2024, 2030
- Published Research
- 2023 base year
- 2019 estimated
- Forecasts: 2019-2024, 2030
Report Contents by Section
Detailed Report Contents by Section
This global industry report provides a detailed breakdown of the technology and the market dynamics driving the global renewable energy industry. Quantitative and qualitative analyses are presented for the years 2023 through 2029, and the report has been completely revised and updated to present up-to-date trends and forecasts covering the next five years.
Section One: Technology Overview
Section One: Technology Overview
Types of Energy Defined
- Coal
- Oil
- Natural Gas
- Nuclear
- Renewable Energy
- Solar
- Wind
- Biofuels
- Hydro-electric
- Geothermal
Comparison of Types
- Efficiency
- Cost
Process of Energy Generation Using Wind Technology
- Materials
- Equipment
- Energy Generation
- Transmission & Distribution
Wind Energy Equipment Defined
- Turbines
- Type
- Horizontal Axis (HAWT)
- Upwind
- Downwind
- Shrouded
- Vertical Axis (VAWTS)
- Darrieus
- Savonius
- Flapping Panel
- Giromill
- Rotors
- Turbine Blades
- Hubs
- Pitch Control
- Mechanical Brakes
- Other
- Nacelle/Control
- Rotor Shaft
- Brakes
- Generators
- Gearboxes
- Pitch Control
- Yaw Systems
- Other
- Towers
- Tubular Steel
- Lattice
- Guyed pole
- Other
- Electrical Systems
- Generators
- Converters
- Transformers
- Other
- Balance of Station
Cost of the Wind Turbine
- Advanced Materials Used
- Lightweight/Durable Materials
- Core material
- Skin material
- Root material
- Fibers
- Other Materials
Transmission and Distribution
Technology Advancements/Research and Development
- Off-Shore R&D
- Next Generation
- Mechanical Components
- Blades
- Drive Train
Section Two: Market Overview
Section Two: Market Overview
Executive Summary
- Factors Affecting the Demand for Wind Energy
- Trends by Product Type
- Trends by Region
- Trends by Technology
- Future Outlook: 2018-2030
Production of Wind Energy by Country (GW): 2023-2040
Global Consumption of Wind Energy by Country ($MM): 2023-2040
Global Wind Energy Added Capacity by Region, Difference in Projections– Low, Medium, High Projections (GW): 2023-2040
Global Wind Energy Added Capacity by Country – Low, Medium, High Projections (GW): 2023-2040
Global Wind Energy Cumulative Capacity by Region – Low, Medium, High Projections (GW): 2023-2040
Global Wind Energy Cumulative Capacity by Country – Low, Medium, High Projections (GW): 2015-2021
Global Wind Energy Equipment Market by Region – Low, Medium, High Projections ($MM): 2023-2040
Global Wind Energy Equipment Market by Country – Low, Medium, High Projections ($MM): 2023-2040
Global Consumption of Wind Energy by Equipment Type ($MM): 2023-2040
- Electrical Systems
- Turbines
- Mechanical Systems
- Control Systems/Nacelle
Global Wind Energy Added Capacity by End-User – Low, Medium, High Projections (GW): 2023-2040
- Industrial
- Residential
- Commercial
Global Consumption of Wind Energy by End-User (GW): 2023-2040
Global Wind Energy Equipment Market by End-User – Low, Medium, High Projections ($MM): 2023-2040
Global Wind Energy Added Capacity by Application – Low, Medium, High Projections (GW): 2023-2040
- On Shore
- Off Shore
Global Wind Energy Equipment Market by Application – Low, Medium, High Projections ($MM): 2023-2040
Competitive Environment
- Competitive Market Factors (e.g., pricing, product development...)
- Major Equipment Supplier Sales and Market Share ($MM): 2017-2018
- Marketing Strategies
- Competitive Landscape Moving Forward
Future Outlook for Wind Energy
- Demand Trends: 2018-2030
- Technological Advancement/R&D
- Social/Political Factor
Section Three: Electrical Systems
Section Three: Turbines
Global Demand of Wind Turbines by Region
Global Demand of Wind Turbines by Country
Turbine Market by Construction Location
- On-Shore
- Off-Shore
Turbine Market by End-User
- Industrial
- Residential
- Commercial
Turbine Companies and Market Share
Future Outlook
Section Four: Turbines
Section Four: Turbines
Global Demand of Wind Turbines by Region
Global Demand of Wind Turbines by Country
Turbine Market by Construction Location
- On-Shore
- Off-Shore
Turbine Market by End-User
- Industrial
- Residential
- Commercial
Turbine Companies and Market Share
Future Outlook
Section Five: Mechanical Systems
Section Five: Mechanical Systems
Global Demand of Mechanical Systems by Region
Mechanical Systems Market by Type of Product
- Hubs
- Gearboxes
- Mechanical Brakes
- Other
Mechanical Systems Market by End-User
- Industrial
- Residential
- Commercial
Mechanical Systems Market by Construction Location
- On-Shore
- Off-Shore
Mechanical Systems Sales and Market Share
Future Outlook
Section Six: Control Systems
Section Six: Control Systems
Global Demand of Control Systems by Country
Control Systems by Type of Product
- Rotor Shaft
- Brakes
- Generators
- Pitch Control
- Yaw Systems
- Other
Control Systems Market by End-User
- Industrial
- Residential
- Commercial
Sales and Market Share
Future Outlook
Section Seven: Towers
Section Seven: Towers
Global Demand of Towers by Region
Towers by Type Product
- Tubular Steel
- Lattice
- Guyed pole
- Other
Tower Market by End-User
- Industrial
- Residential
- Commercial
Sales and Market Share
Future Outlook
Section Eight: Balance of Systems
Section Eight: Balance of Systems (BOS)
Global Demand of BOS by Country
BOS by Type of Product
- Foundation
- Electrical
- Transmission Lines
- Operations and Maintenance facilities
- Shipping logistics
- Permits/Legal
- Engineering and Construction
- Other
BOS Market by End-User
- Industrial
- Residential
- Commercial
Sales and Market Share
Future Outlook
List of Tables by Section
List of Tables by Section
Section One: Technology Overview
- Table 1.1 Comparison of Types of Electricity ($/kW-hr)
- Table 1.2 Comparison of Types of Electricity (% Efficiency)
- Table 1.3 Comparison of Electrical Plants Cost ($/kW)
- Table 1.4 Capital Cost/Capacity Comparison
- Table 1.5 Wind Turbine Main Components (% of cost)
Section Two: Market Overview
- Table 2.1 Global Demand of Energy by Region 2010-2040 (Quadrillion BTU)
- Table 2.1a Global Demand of Energy 2010-2040 (%)
- Table 2.2 Global Demand of Energy by Type 2010-2040 (Quadrillion BTU)
- Table 2.2a Global Demand of Energy by Type 2010-2040 (%)
- Table 2.3 Energy Demand Projections Africa by Type 2010-2040 (Quadrillion BTU)
- Table 2.3a Energy Demand Projections Africa by Type 2010-2040 (%)
- Table 2.4 Energy Demand Projections Asia by Type 2010-2040 (Quadrillion BTU)
- Table 2.4a Energy Demand Projections Asia by Type 2010-2040 (%)
- Table 2.5 Energy Demand Projections Europe by Type 2010-2040 (Quadrillion BTU)
- Table 2.5a Energy Demand Projections Europe by Type 2010-2040 (%)
- Table 2.6 Energy Demand Projections Latin America by Type 2010-2040 (Quadrillion BTU)
- Table 2.6a Energy Demand Projections Latin America by Type 2010-2040 (%)
- Table 2.7 Energy Demand Projections North America by Type 2010-2040 (Quadrillion BTU)
- Table 2.7a Energy Demand Projections North America by Type 2010-2040 (%)
- Table 2.8 Energy Demand Projections Middle East by Type 2010-2040 (Quadrillion BTU)
- Table 2.8a Energy Demand Projections Middle East by Type 2010-2040 (%)
- Table 2.9: Wind Added Capacity (GW): 2023-2040
- Table 2.9a: % Change in Projections: 2023-2040
- Table 2.10b: Wind Added Capacity (%): 2023-2040
- Table 2.10c: Wind Capacity (Yr-Yr): 2023-2040
- Table 2.11: Wind Energy Cumulative Capacity by Region (GW): 2023-2040
- Table 2.12: % Change in Projections: 2023-2040
- Table 2.12b: Wind Cumulative Capacity (%): 2023-2040
- Table 2.12c: Wind Cumulative Capacity (Yr-Yr): 2023-2040
- Table 2.13: Wind Energy Equipment Market by Region (Bn USD): 2023-2040
- Table 2.13a: % Change in Projections: 2023-2040
- Table 2.13b: Wind Energy Equipment Market (%): 2023-2040
- Table 2.13c: Wind Energy Market (Yr-Yr): 2023-2040
- Table 2.14: Wind Added Capacity by Country (GW): 2023-2040
- Table 2.14a: % Change in Projections: 2023-2040
- Table 2.14b: Added Capacity by Country (%): 2023-2040
- Table 2.14c: Added Capacity by Country (Yr-Yr): 2023-2040
- Table 2.15: Wind Cumulative Capacity by Country (GW): 2023-2040
- Table 2.15a: % Change in Projections: 2023-2040
- Table 2.15b: Cumulative Capacity by Country (%): 2023-2040
- Table 2.15c: Cumulative Capacity by Country (Yr-Yr): 2023-2040
- Table 2.16: Wind Equipment Market Country (Bn USD): 2023-2040
- Table 2.16a: % Change in Projections: 2023-2040
- Table 2.16b: Wind Energy Equipment Market by Country (%): 2023-2040
- Table 2.16c: Wind Energy Equipment Market by Country (Yr-Yr): 2023-2040
- Table 2.17: Wind Energy by End-User (GW Added Capacity): 2023-2040
- Table 2.7a: % Change in Projections: 2023-2040
- Table 2.17b: Wind Energy by End-User (%): 2023-2040
- Table 2.17c: Wind Energy by End-User (Yr-Yr): 2023-2040
- Table 2.18: Wind Energy by End-User (Bn USD): 2023-2040
- Table 2.18a: % Change in Projections: 2023-2040
- Table 2.18b: Wind Energy by End-User (%): 2023-2040
- Table 2.18c: Wind Energy by End-User (Yr-Yr): 2023-2040
- Table 2.19: Wind Energy by Application (GW): 2023-2040
- Table 2.19a: % Change in Projections: 2023-2040
- Table 2.19b: Wind Energy by Application (%): 2023-2040
- Table 2.19c: Wind Energy by Application (Yr-Yr): 2023-2040
- Table 2.20: Wind Energy by Application (Bn USD): 2023-2040
- Table 2.20a: % Change in Projections: 2023-2040
- Table 2.20b: Wind Energy by Application (%): 2023-2040
- Table 2.20c: Wind Energy by Application (Yr-Yr): 2023-2040
- Table 2.21: Total Equipment Market (Bn USD)
- Table 2.21a: Total Equipment Market (%)
Section Three: Electrical Systems
- Table 3.1: Electrical Systems by Region (Bn USD): 2023-2040
- Table 3.1a: % Change in Projections: 2023-2040
- Table 3.1b: Electrical Systems by Region (%): 2023-2040
- Table 3.1c: Electrical Systems by Region (Yr-Yr): 2023-2040
- Table 3.2: Electrical Systems by Key Country (Bn USD): 2023-2040
- Table 3.2a: % Change in Projections: 2023-2040
- Table 3.2b: Electrical Systems by Country (%): 2023-2040
- Table 3.2c: Electrical System by Country (Yr-Yr): 2023-2040
- Table 3.3: Electrical Systems by End-User (GW Added Capacity): 2023-2040
- Table 3.3a: % Change in Projections: 2023-2040
- Table 3.3b: Electrical Systems by End-User (%): 2023-2040
- Table 3.3c: Electrical System by End-User (Yr-Yr): 2023-2040
- Table 3.4: Electrical Systems by Application (Bn USD): 2023-2040
- Table 3.4a: % Change in Projections: 2023-2040
- Table 3.4b: Electrical Systems by Application (%): 2023-2040
- Table 3.4c: Electrical Systems by Application (Yr-Yr): 2023-2040
- Table 3.5: Electrical Systems by Technology (Bn USD): 2023-2040
- Table 3.5a: % Change in Projections: 2023-2040
- Table 3.5b: Electrical Systems by Technology (%): 2023-2040
- Table 3.5c: Electrical Systems by Technology (Yr-Yr): 2023-2040
- Table 3.6: Electrical Systems Sales and Market Share
Section Four: Turbines
- Table 4.1: Turbines by Type of Product (Bn USD): 2023-2040
- Table 4.1a: % Change in Projections: 2023-2040
- Table 4.1b: Turbines by Type of Product (%): 2023-2040
- Table 4.1c: Turbine by Type of Product (Yr-Yr): 2023-2040
- Table 4.2: Blades by Region (Bn USD): 2023-2040
- Table 4.2a: % Change in Projections: 2023-2040
- Table 4.2b: Blades by Region (%): 2023-2040
- Table 4.2c: Blades by Region (Yr-Yr): 2023-2040
- Table 4.3: Towers by Region (Bn USD): 2023-2040
- Table 4.3a: % Change in Projections: 2023-2040
- Table 4.3b: Towers by Region (%): 2023-2040
- Table 4.3c: Towers by Region (Yr-Yr): 2023-2040
- Table 4.4: Towers by Key Country (Bn USD): 2023-2040
- Table 4.4a: % Change in Projections: 2023-2040
- Table 4.4b: Towers by Country (%): 2023-2040
- Table 4.4c: Towers by Country (Yr-Yr): 2023-2040
- Table 4.5: Blades by Key Country (Bn USD): 2023-2040
- Table 4.5a: % Change in Projections: 2023-2040
- Table 4.5b: Blades by Country (%): 2023-2040
- Table 4.5c: Blades by Country (Yr-Yr): 2023-2040
- Table 4.6: Blades by End-User (GW Added Capacity): 2023-2040
- Table 4.6a: % Change in Projections: 2023-2040
- Table 4.6b: Blades by End-User (%): 2023-2040
- Table 4.6c: Blades by End-User (Yr-Yr): 2023-2040
- Table 4.7: Towers by End-User (GW Added Capacity): 2023-2040
- Table 4.7a: % Change in Projections: 2023-2040
- Table 4.7b: Blades by End-User (%): 2023-2040
- Table 4.7c: Blades by End-User (Yr-Yr): 2023-2040
- Table 4.8: Blades by Application (Bn USD): 2023-2040
- Table 4.8a: % Change in Projections: 2023-2040
- Table 4.8b: Blades by Application (%): 2023-2040
- Table 4.8c: Blades by Application (Yr-Yr): 2023-2040
- Table 4.9: Towers by Application (Bn USD): 2023-2040
- Table 4.9a: % Change in Projections: 2023-2040
- Table 4.9b: Towers by Application (%): 2023-2040
- Table 4.9c: Towers by Application (Yr-Yr): 2023-2040
- Table 4.10: Turbine Major Companies-Revenue and Marketshare
Section Five: Mechanical Systems
- Table 5.1: Mechanical Systems by Region (Bn USD): 2023-2040
- Table 5.1a: % Change in Projections: 2023-2040
- Table 5.1b: Mechanical by Region (%): 2023-2040
- Table 5.1c: Mechanical Systems by Region (Yr-Yr): 2023-2040
- Table 5.2: Mechanical Systems Key Country (Bn USD): 2023-2040
- Table 5.2a: % Change in Projections: 2023-2040
- Table 5.2b: Mechanical Systems by Country (%): 2023-2040
- Table 5.2c: Mechanical Systems by Country (Yr-Yr): 2023-2040
- Table 5.3: Mechanical Systems by End-User (Bn USD): 2023-2040
- Table 5.3a: % Change in Projections: 2023-2040
- Table 5.3b: Mechanical Systems by End-User (%): 2023-2040
- Table 5.3c: Mechanical Systems by End-User (Yr-Yr): 2023-2040
- Table 5.4: Mechanical Systems by Application (Bn USD): 2023-2040
- Table 5.4a: % Change in Projections: 2023-2040
- Table 5.4b: % Change in Projections: 2023-2040
- Table 5.4c: Mechanical Systems by Application (Yr-Yr): 2023-2040
- Table 5.5: Mechanical Systems by Technology (Yr-Yr): 2023-2040
- Table 5.5a: % Change in Projections: 2023-2040
- Table 5.5b: Mechanical Systems by Technology (%): 2023-2040
- Table 5.5c: Mechanical Systems by Technology (Yr-Yr): 2023-2040
- Table 5.6: Mechanical Systems Sales and Market Share
Section Six: Control Systems
- Table 6.1: Control Systems by Region (Bn USD): 2023-2040
- Table 6.1a: % Change in Projections: 2023-2040
- Table 6.1b: Control Systems by Region (%): 2023-2040
- Table 6.1c: Control Systems by Region (Yr-Yr): 2023-2040
- Table 6.2: Control Systems by Key Country (Bn USD): 2023-2040
- Table 6.2a: % Change in Projections: 2023-2040
- Table 6.2b: Control Systems by Country (%): 2023-2040
- Table 6.2c: Control Systems by Country (Yr-Yr): 2023-2040
- Table 6.3: Control Systems by End-User (Bn USD): 2023-2040
- Table 6.3a: % Change in Projections: 2023-2040
- Table 6.3b: Control Systems by End-User (%): 2023-2040
- Table 6.3c: Control Systems by End-User (Yr-Yr): 2023-2040
- Table 6.4: Control Systems by Application (Bn USD): 2023-2040
- Table 6.4a: % Change in Projections: 2023-2040
- Table 6.4b: Control Systems by Application (%): 2023-2040
- Table 6.4c: Control Systems by Application (Yr-Yr): 2023-2040
- Table 6.5: Control Systems by Technology (Bn USD): 2023-2040
- Table 6.5a: % Change in Projections: 2023-2040
- Table 6.5b: Control Systems by Technology (%): 2023-2040
- Table 6.5c: Control Systems by Technology (Yr-Yr): 2023-2040
- Table 6.6 Control Systems Companies Sales and Marketshare: 2023-2024