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Air-Borne Wind Turbine Market: Global Opportunity Analysis and Industry Forecast, 2024-2030

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    Report

  • 350 Pages
  • August 2024
  • Region: Global
  • Allied Market Research
  • ID: 6054205
Description Jump to:
The airborne wind turbine market was valued at $139.2 million in 2023, and is projected to reach $268.3 million by 2030, growing at a CAGR of 9.8% from 2024 to 2030.

Airborne wind turbines represent an innovative approach to harness wind energy by accessing stronger and more reliable wind currents found at higher altitudes. Traditional wind turbines are limited by the height of their towers, while airborne wind turbines can float several hundred to thousands of meters above ground, where winds are steadier and more powerful. By operating at these altitudes, airborne wind turbines have the potential to generate more electricity with a smaller environmental footprint, as they require fewer materials and less land area than conventional wind farms.

The growth of the global airborne wind turbine market is driven by low infrastructure cost of airborne wind turbines. Airborne wind turbines eliminate the need for expensive towers and large foundations, reducing overall material costs and simplifying deployment, especially in offshore or remote locations. In addition, surge in global demand for renewable and clean energy sources drives investment and innovation in wind technologies, including airborne wind turbines. Moreover, rise in need to reduce reliance on fossil fuels and enhance energy security significantly contributes toward the market growth.

To meet the goal of net zero emissions by 2050, many countries, including China, India, the U.S., and the European Union - the largest emitters - have focused on increasing the installation of wind turbines, which is anticipated to foster the market growth. Based on the 2023 study of the American Clean Power Association, wind energy helped to curb 348 million metric tons of carbon dioxide emissions in 2023. Approximately 72,000 wind turbines are installed in the U.S., generating wind power of 151 GW. Thus, increase in installation of wind turbines acts as the key driving force of the global market. However, dependency of wind turbine on weather conditions is expected to hamper the market growth.

Moreover, high initial capital required for installation of wind turbines acts as the key deterrent factor of the market. On the contrary, surge in demand for more efficient and cost-effective wind turbines is expected to intensify improvements in turbine efficiency, reliability, and overall energy output. For instance, China made a groundbreaking development with the installation of an 18-megawatt wind turbine in June 2024 off the shore of Guangdong province.

The International Energy Agency (IEA) has developed Net Zero Emissions by 2050 (NZE) Scenario, which focuses on achieving approximately 7400 TWh of wind electricity generation by 2030. To achieve this level of capacity growth, substantial installation of onshore wind turbines is required along with cost reductions for offshore wind turbines. All these factors are expected to collectively offer lucrative opportunities for the expansion of the global wind turbine market during the forecast period.

The global airborne wind turbine market is segmented into type, application, and region. By type, the market is bifurcated into onshore and offshore. On the basis of application, it is classified into renewable energy generation, water pumping, and others. Region wise, the market is studied across areas such as North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

By type, the offshore segment is expected to maintain its lead position from 2024 to 2030.

On the basis of application, the power generation segment is anticipated to dominate the market during the forecast period.

Region wise, North America is projected to emerge as the most lucrative market for airborne wind turbine by 2030.

Competition Analysis

Competitive analysis and profiles of the major players in the global airborne wind turbine market include Siemens AG, Nordex Group, ACCIONA S.A, United Power, Envision Energy, Vestas Wind Systems A/S, GE, Goldwind, Enercon GmbH, and Ampyx Power. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.

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Key Market Segments

By Type

  • Onshore
  • Offshore

By Application

  • Renewable Energy Generation
  • Water Pumping
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Siemens AG
  • Nordex Group
  • ACCIONA S.A
  • United Power
  • Envision Energy
  • Vestas Wind Systems A/S
  • GE
  • Goldwind
  • Enercon GmbH
  • Ampyx Power

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: AIR-BORNE WIND TURBINE MARKET, BY TYPE
4.1. Market Overview
4.1.1 Market Size and Forecast, By Type
4.2. Onshore
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Offshore
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
CHAPTER 5: AIR-BORNE WIND TURBINE MARKET, BY APPLICATION
5.1. Market Overview
5.1.1 Market Size and Forecast, By Application
5.2. Renewable Energy Generation
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Water Pumping
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.4. Others
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, By Region
5.4.3. Market Share Analysis, By Country
CHAPTER 6: AIR-BORNE WIND TURBINE MARKET, BY REGION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, By Type
6.2.3. Market Size and Forecast, By Application
6.2.4. Market Size and Forecast, By Country
6.2.5. U.S. Air-Borne Wind Turbine Market
6.2.5.1. Market Size and Forecast, By Type
6.2.5.2. Market Size and Forecast, By Application
6.2.6. Canada Air-Borne Wind Turbine Market
6.2.6.1. Market Size and Forecast, By Type
6.2.6.2. Market Size and Forecast, By Application
6.2.7. Mexico Air-Borne Wind Turbine Market
6.2.7.1. Market Size and Forecast, By Type
6.2.7.2. Market Size and Forecast, By Application
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, By Type
6.3.3. Market Size and Forecast, By Application
6.3.4. Market Size and Forecast, By Country
6.3.5. Germany Air-Borne Wind Turbine Market
6.3.5.1. Market Size and Forecast, By Type
6.3.5.2. Market Size and Forecast, By Application
6.3.6. UK Air-Borne Wind Turbine Market
6.3.6.1. Market Size and Forecast, By Type
6.3.6.2. Market Size and Forecast, By Application
6.3.7. France Air-Borne Wind Turbine Market
6.3.7.1. Market Size and Forecast, By Type
6.3.7.2. Market Size and Forecast, By Application
6.3.8. Spain Air-Borne Wind Turbine Market
6.3.8.1. Market Size and Forecast, By Type
6.3.8.2. Market Size and Forecast, By Application
6.3.9. Italy Air-Borne Wind Turbine Market
6.3.9.1. Market Size and Forecast, By Type
6.3.9.2. Market Size and Forecast, By Application
6.3.10. Rest Of Europe Air-Borne Wind Turbine Market
6.3.10.1. Market Size and Forecast, By Type
6.3.10.2. Market Size and Forecast, By Application
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, By Type
6.4.3. Market Size and Forecast, By Application
6.4.4. Market Size and Forecast, By Country
6.4.5. China Air-Borne Wind Turbine Market
6.4.5.1. Market Size and Forecast, By Type
6.4.5.2. Market Size and Forecast, By Application
6.4.6. India Air-Borne Wind Turbine Market
6.4.6.1. Market Size and Forecast, By Type
6.4.6.2. Market Size and Forecast, By Application
6.4.7. Japan Air-Borne Wind Turbine Market
6.4.7.1. Market Size and Forecast, By Type
6.4.7.2. Market Size and Forecast, By Application
6.4.8. South Korea Air-Borne Wind Turbine Market
6.4.8.1. Market Size and Forecast, By Type
6.4.8.2. Market Size and Forecast, By Application
6.4.9. Australia Air-Borne Wind Turbine Market
6.4.9.1. Market Size and Forecast, By Type
6.4.9.2. Market Size and Forecast, By Application
6.4.10. Rest of Asia-Pacific Air-Borne Wind Turbine Market
6.4.10.1. Market Size and Forecast, By Type
6.4.10.2. Market Size and Forecast, By Application
6.5. LAMEA
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, By Type
6.5.3. Market Size and Forecast, By Application
6.5.4. Market Size and Forecast, By Country
6.5.5. Brazil Air-Borne Wind Turbine Market
6.5.5.1. Market Size and Forecast, By Type
6.5.5.2. Market Size and Forecast, By Application
6.5.6. Saudi Arabia Air-Borne Wind Turbine Market
6.5.6.1. Market Size and Forecast, By Type
6.5.6.2. Market Size and Forecast, By Application
6.5.7. South Africa Air-Borne Wind Turbine Market
6.5.7.1. Market Size and Forecast, By Type
6.5.7.2. Market Size and Forecast, By Application
6.5.8. Rest of LAMEA Air-Borne Wind Turbine Market
6.5.8.1. Market Size and Forecast, By Type
6.5.8.2. Market Size and Forecast, By Application
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping Of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. Siemens AG
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Nordex Group
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. ACCIONA S.A
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. United Power
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. Envision Energy
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Vestas Wind Systems A/S
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. GE
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Goldwind
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Enercon GmbH
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Ampyx Power
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 2. Air-Borne Wind Turbine Market for Onshore, by Region, 2024 - 2030 ($Million)
Table 3. Air-Borne Wind Turbine Market for Offshore, by Region, 2024 - 2030 ($Million)
Table 4. Global Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 5. Air-Borne Wind Turbine Market for Renewable Energy Generation, by Region, 2024 - 2030 ($Million)
Table 6. Air-Borne Wind Turbine Market for Water Pumping, by Region, 2024 - 2030 ($Million)
Table 7. Air-Borne Wind Turbine Market for Others, by Region, 2024 - 2030 ($Million)
Table 8. Air-Borne Wind Turbine Market, by Region, 2024 - 2030 ($Million)
Table 9. North America Air-Borne Wind Turbine Market, by Country, 2024 - 2030 ($Million)
Table 10. North America Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 11. North America Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 12. U.S. Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 13. U.S. Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 14. Canada Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 15. Canada Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 16. Mexico Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 17. Mexico Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 18. Europe Air-Borne Wind Turbine Market, by Country, 2024 - 2030 ($Million)
Table 19. Europe Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 20. Europe Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 21. Germany Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 22. Germany Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 23. UK Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 24. UK Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 25. France Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 26. France Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 27. Spain Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 28. Spain Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 29. Italy Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 30. Italy Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 31. Rest of Europe Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 32. Rest of Europe Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 33. Asia-Pacific Air-Borne Wind Turbine Market, by Country, 2024 - 2030 ($Million)
Table 34. Asia-Pacific Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 35. Asia-Pacific Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 36. China Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 37. China Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 38. India Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 39. India Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 40. Japan Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 41. Japan Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 42. South Korea Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 43. South Korea Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 44. Australia Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 45. Australia Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 46. Rest of Asia-Pacific Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 47. Rest of Asia-Pacific Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 48. LAMEA Air-Borne Wind Turbine Market, by Country, 2024 - 2030 ($Million)
Table 49. LAMEA Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 50. LAMEA Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 51. Brazil Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 52. Brazil Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 53. Saudi Arabia Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 54. Saudi Arabia Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 55. South Africa Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 56. South Africa Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 57. Rest of LAMEA Air-Borne Wind Turbine Market, by Type, 2024 - 2030 ($Million)
Table 58. Rest of LAMEA Air-Borne Wind Turbine Market, by Application, 2024 - 2030 ($Million)
Table 59. Siemens AG: Key Executives
Table 60. Siemens AG: Company Snapshot
Table 61. Siemens AG: Operating Segments
Table 62. Siemens AG: Product Portfolio
Table 63. Siemens AG: Key Strategic Moves and Developments
Table 64. Nordex Group: Key Executives
Table 65. Nordex Group: Company Snapshot
Table 66. Nordex Group: Operating Segments
Table 67. Nordex Group: Product Portfolio
Table 68. Nordex Group: Key Strategic Moves and Developments
Table 69. Acciona S.A: Key Executives
Table 70. Acciona S.A: Company Snapshot
Table 71. Acciona S.A: Operating Segments
Table 72. Acciona S.A: Product Portfolio
Table 73. Acciona S.A: Key Strategic Moves and Developments
Table 74. United Power: Key Executives
Table 75. United Power: Company Snapshot
Table 76. United Power: Operating Segments
Table 77. United Power: Product Portfolio
Table 78. United Power: Key Strategic Moves and Developments
Table 79. Envision Energy: Key Executives
Table 80. Envision Energy: Company Snapshot
Table 81. Envision Energy: Operating Segments
Table 82. Envision Energy: Product Portfolio
Table 83. Envision Energy: Key Strategic Moves and Developments
Table 84. Vestas Wind Systems A/S: Key Executives
Table 85. Vestas Wind Systems A/S: Company Snapshot
Table 86. Vestas Wind Systems A/S: Operating Segments
Table 87. Vestas Wind Systems A/S: Product Portfolio
Table 88. Vestas Wind Systems A/S: Key Strategic Moves and Developments
Table 89. GE: Key Executives
Table 90. GE: Company Snapshot
Table 91. GE: Operating Segments
Table 92. GE: Product Portfolio
Table 93. GE: Key Strategic Moves and Developments
Table 94. Goldwind: Key Executives
Table 95. Goldwind: Company Snapshot
Table 96. Goldwind: Operating Segments
Table 97. Goldwind: Product Portfolio
Table 98. Goldwind: Key Strategic Moves and Developments
Table 99. Enercon GmbH: Key Executives
Table 100. Enercon GmbH: Company Snapshot
Table 101. Enercon GmbH: Operating Segments
Table 102. Enercon GmbH: Product Portfolio
Table 103. Enercon GmbH: Key Strategic Moves and Developments
Table 104. Ampyx Power: Key Executives
Table 105. Ampyx Power: Company Snapshot
Table 106. Ampyx Power: Operating Segments
Table 107. Ampyx Power: Product Portfolio
Table 108. Ampyx Power: Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Air-Borne Wind Turbine Market, 2024 - 2030
Figure 2. Segmentation of Air-Borne Wind Turbine Market, 2024 - 2030
Figure 3. Top Investment Pocket in Air-Borne Wind Turbine Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globalair-Borne Wind Turbine Market
Figure 10. Global Air-Borne Wind Turbine Market Segmentation, by Type
Figure 11. Air-Borne Wind Turbine Market for Onshore, by Country, 2024 - 2030 ($Million)
Figure 12. Air-Borne Wind Turbine Market for Offshore, by Country, 2024 - 2030 ($Million)
Figure 13. Global Air-Borne Wind Turbine Market Segmentation, by Application
Figure 14. Air-Borne Wind Turbine Market for Renewable Energy Generation, by Country, 2024 - 2030 ($Million)
Figure 15. Air-Borne Wind Turbine Market for Water Pumping, by Country, 2024 - 2030 ($Million)
Figure 16. Air-Borne Wind Turbine Market for Others, by Country, 2024 - 2030 ($Million)
Figure 17. Top Winning Strategies, by Year, 2021-2023*
Figure 18. Top Winning Strategies, by Development, 2021-2023*
Figure 19. Top Winning Strategies, by Company, 2021-2023*
Figure 20. Product Mapping of Top 10 Players
Figure 21. Competitive Dashboard
Figure 22. Competitive Heatmap: Air-Borne Wind Turbine Market
Figure 23. Top Player Positioning, 2023
Figure 24. Siemens AG: Net Sales, 2021-2023 ($Million)
Figure 25. Siemens AG: Revenue Share, by Segment, 2023 (%)
Figure 26. Siemens AG: Revenue Share, by Region, 2023 (%)
Figure 27. Nordex Group: Net Sales, 2021-2023 ($Million)
Figure 28. Nordex Group: Revenue Share, by Segment, 2023 (%)
Figure 29. Nordex Group: Revenue Share, by Region, 2023 (%)
Figure 30. Acciona S.A: Net Sales, 2021-2023 ($Million)
Figure 31. Acciona S.A: Revenue Share, by Segment, 2023 (%)
Figure 32. Acciona S.A: Revenue Share, by Region, 2023 (%)
Figure 33. United Power: Net Sales, 2021-2023 ($Million)
Figure 34. United Power: Revenue Share, by Segment, 2023 (%)
Figure 35. United Power: Revenue Share, by Region, 2023 (%)
Figure 36. Envision Energy: Net Sales, 2021-2023 ($Million)
Figure 37. Envision Energy: Revenue Share, by Segment, 2023 (%)
Figure 38. Envision Energy: Revenue Share, by Region, 2023 (%)
Figure 39. Vestas Wind Systems A/S: Net Sales, 2021-2023 ($Million)
Figure 40. Vestas Wind Systems A/S: Revenue Share, by Segment, 2023 (%)
Figure 41. Vestas Wind Systems A/S: Revenue Share, by Region, 2023 (%)
Figure 42. GE: Net Sales, 2021-2023 ($Million)
Figure 43. GE: Revenue Share, by Segment, 2023 (%)
Figure 44. GE: Revenue Share, by Region, 2023 (%)
Figure 45. Goldwind: Net Sales, 2021-2023 ($Million)
Figure 46. Goldwind: Revenue Share, by Segment, 2023 (%)
Figure 47. Goldwind: Revenue Share, by Region, 2023 (%)
Figure 48. Enercon GmbH: Net Sales, 2021-2023 ($Million)
Figure 49. Enercon GmbH: Revenue Share, by Segment, 2023 (%)
Figure 50. Enercon GmbH: Revenue Share, by Region, 2023 (%)
Figure 51. Ampyx Power: Net Sales, 2021-2023 ($Million)
Figure 52. Ampyx Power: Revenue Share, by Segment, 2023 (%)
Figure 53. Ampyx Power: Revenue Share, by Region, 2023 (%)

Companies Mentioned

  • Siemens AG
  • Nordex Group
  • ACCIONA S.A
  • United Power
  • Envision Energy
  • Vestas Wind Systems A/S
  • GE
  • Goldwind
  • Enercon GmbH
  • Ampyx Power

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages350
PublishedAugust 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 139.2 million
Forecasted Market Value ( USD ) by 2030 $ 268.3 million
Compound Annual Growth Rate9.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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