Wind Turbine Market Size & Share, by Turbine Type (Horizontal-Axis, Vertical-Axis); End use; Installation; Drive Drain Technology; Capacity; Component - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2026-2035

Wind Turbine Market - Regional Analysis

APAC Market Insights

The Asia Pacific in the wind turbine market is anticipated to hold the highest share of 45.4% by the end of 2035. The market’s upliftment in the region is primarily attributed to India’s policy-driven growth, China’s upscale, and expansion in offshore pipelines across Australia, South Korea, and Japan. According to a data report published by the JWPA in February 2024, the yearly gross installation consists of 24 windfarms, 572.3 MW, and 158 units in Japan. Likewise, the yearly net installation constitutes 20 windfarms, 487.4 MW, and 86 units, thereby making the overall cumulative capacity to 5,213.4 MW, along with 2,626 units, thus positively contributing to the market’s growth in the overall region. Besides, the aspects of offshore ramp-up, policy stability, and large-scale deployments are also fueling the market’s exposure in the region.

China in the wind turbine market is growing significantly, owing to an increase in onshore and offshore deployment, ongoing policy-driven investments, and unmatched scale. As per an article published by the State Council in January 2024, the overall investment in notable energy projects under construction and those recently initiated increased to 2.8 trillion yuan (USD 391 billion) from the previous year. In addition, investments in new energy also surged over 34% YoY, and meanwhile, completed investments in solar power generation upsurged 670 billion yuan in the previous year, while wind power investments increased by 380 billion yuan. Besides, based on domestic engineering, manufacturing, and innovation, international photovoltaic power and wind generation expenses have reduced by more than 80% and 60%, which is readily uplifting the market’s growth and demand.

India in the wind turbine market is also growing due to alignment in grid reforms, leasing rules for offshore, repowering, and the presence of accelerated auctions. As per an article published by the Ministry of New and Renewable Energy in December 2025, the country has a coastline of almost 7,600 km, which is significantly surrounded by water on three sides, and constitutes suitable prospects of harnessing offshore-based wind energy. Additionally, offshore wind turbines are larger, with a capacity of almost 15 MW per turbine, against 2 MW to 3 MW for the onshore wind turbines. Besides, the country’s Ministry has set the plan to successfully carry out the needed evaluation through the NIWE and offer basic data to stakeholders by conducting a geological survey for 365 square km in Gujarat for the 1.0 GW project capacity, thereby denoting a huge growth opportunity for the overall wind turbine market in the country.

North America Market Insights

North America market is expected to emerge as the fastest-growing region during the forecast period. The wind turbine market’s development in the region is highly propelled by the presence of mature onshore repowering cycles, IRA-based supply chain investments, as well as policy stability. According to an article published by the U.S. Department of Energy in 2024, USD 2.1 billion has been funded in the regional offshore wind sector to create transmission, supply chain, vessels, and ports as of 2023. Additionally, this has helped in developing 125,580 employment opportunities to assist in powering the regional land-driven wind energy sector. Moreover, USD 37 million has also been funded in the newest U.S.-based distributed wind projects in 2023. Besides, 13 states in the U.S. comprise policies that collectively and successfully support 115,130 MW of offshore wind by the end of 2050, thus driving the market’s growth.

Wind Turbine Market in U.S is gaining increased traction, owing to the existence of federal incentives and policies, an increase in utility-scale demand, chemical industry linkages, and advanced safety and manufacturing. As per an article published by the EIA Government in June 2024, wind turbines in the country are established based on the yearly average wind speed, accounting for almost 9 miles per hour or 4.0 meters per second, particularly for small wind turbines, along with 13 mph for utility-scale turbines. Besides, large-scale wind turbines are significantly placed on towers that tend to range from nearly 500 feet to 900 feet tall. Moreover, nearly 10%, which is 425 billion kWh of the overall domestic utility-scale electricity generation has been from wind energy projects across 41 states. Regarding this, Illinois, Kansas, Oklahoma, Iowa, and Texas jointly produce 59% of the country’s wind electricity generation, thus fueling the market’s growth.

Canada in the wind turbine market is also developing due to clean energy targets, governmental expenditure, onshore wind dominance, chemical industry integration, along with the presence of safety and partnership programs. As per an article published by the Government of Canada in August 2025, in the upcoming 5 years, the country’s clean energy gross domestic product (GDP) is expected to reach USD 107 billion, which is gradually fueled by USD 58 billion in yearly investments by the end of 2030, along with providing over 600,000 employment opportunities. Moreover, the country’s population is ready to diminish the nation’s overall energy-based expenses by as much as USD 15 billion through the transition to a net-zero future. Additionally, between 140 GW and 190 GW of additional clean electricity-generating capacity is expected to be required by the end of 2050, which readily drives the wind turbine market’s growth.

Europe Market Insights

Europe is projected to witness considerable growth by the end of the stipulated timeline in the wind turbine market. The market’s growth in the region is highly propelled by the sustained onshore repowering, as well as escalating offshore build-out in the Nordics, the UK, Germany, and the rest of the region. According to an article published by Wind Europe in February 2025, the region has significantly installed 16.4 GW of newest wind power capacity as of 2024. In addition, the regional-27 also installed 12.9 GW out this overall capacity. Moreover, 84% of the newly built wind capacity has been successfully built in the region, which was onshore, and meanwhile, 2.6 GW of new offshore wind power capacity has been connected to the grid. Besides, the region currently has 285 GW of wind power capacity, of which 248 GW is onshore, and the remaining 37 GW is offshore, thereby suitable for boosting the market’s growth.

Yearly Onshore and Offshore Wind Power Capacity in Europe (2015-2024)

Source: Wind Europe

The wind turbine market in Germany is gaining increased exposure, owing to the existence of an industrial base that tends to localize materials and components, continued additions, and immense support provided by large-scale onshore repowering. As per the 2023 Federal Ministry for Economic Affairs and Climate Action data report, the occurrence of good wind conditions, along with an immense increase in photovoltaics construction, has brought almost 7% year-on-year (YoY) increase to 273.2 TWh in electricity generation from renewable energy. Besides, the country has anchored the objective of achieving nearly 80% of the gross electricity consumption, which is to be generated from renewable energy by the end of 2030. Furthermore, electricity demands in the country are expected to rise from almost 550 TWh to 750 TWh, thereby bolstering the market’s demand.

The wind turbine market in the UK is also growing due to the presence of steady auction frameworks, mature supply chains, and increased expansion in offshore. As per a data report published by the IEA in 2023, the renewable energy’s share in the country has reached a newest 47.3% share record, denoting a surge of 5.3% from 2022. Besides, wind energy in the country has also reached a record share of nearly 29% of the overall demand. Apart from all these, the renewable energy capacity continued to grow by 2.7 GW as of 2023, of which 1.4 GW caters to wind energy. In this regard, offshore wind accounted for 0.8 GW, and onshore with 0.5 GW, thereby bringing the cumulative capacities to 14.7 GW and 15.3 GW. However, the country has readily set the target of 50 GW of offshore wind, which is to be installed by the end of 2030, thereby making it suitable for driving the wind turbine market’s exposure.