ONSHORE WIND ENERGY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2026 - 2033)

According to Coherent Market Insights, the global onshore wind energy market is estimated to be valued at USD 64.67 Bn in 2026 and is expected to reach USD 99.18 Bn by 2033, expanding at a compound annual growth rate (CAGR) of 6.3% from 2026 to 2033. The global onshore wind energy market represents a pivotal component of the renewable energy landscape, serving as a cornerstone technology in the worldwide transition toward sustainable power generation. Onshore wind energy harnesses kinetic energy from wind through turbines installed on land-based locations, converting it into electricity through advanced generator systems.

Market Dynamics

The global onshore wind energy market is propelled by several key drivers that create a robust foundation for sustained growth, with government policies and regulatory frameworks serving as primary catalysts through renewable energy targets, feed-in tariffs, and carbon pricing mechanisms that enhance project economics.

Declining technology costs, particularly in turbine manufacturing and installation, have significantly improved the competitiveness of onshore wind energy compared to conventional power sources, while technological advancements in turbine design, including larger rotors and higher hub heights, enable energy generation in previously unsuitable locations with lower wind speeds.

Key Features of the Study

• This report provides in-depth analysis of the global onshore wind energy market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2026–2033), considering 2025 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global onshore wind energy market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Siemens Gamesa Renewable Energy, GE Renewable Energy, Nordex SE, Vestas Wind Systems A/S, Enercon GmbH, Suzlon Energy Ltd., MHI Vestas Offshore Wind, Goldwind, Senvion, American Wind Energy Association (AWEA), Acciona Energy, and EDP Renewables
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global onshore wind energy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global onshore wind energy market

Market Segmentation

• Turbine Configuration Insights (Revenue, USD Bn, 2021 - 2033)
  • Horizontal-Axis Wind Turbines (HAWT)
  • Vertical-Axis Wind Turbines (VAWT)
• Turbine Capacity Insights (Revenue, USD Bn, 2021 - 2033)
  • 1 MW to 2.5 MW
  • Less than 1 MW
  • Above 2.5 MW
• End-user / off taker Insights (Revenue, USD Bn, 2021 - 2033)
  • Utilities (vertically integrated)
  • Independent Power Producers (IPPs) / Project developers
  • Corporate / Industrial (captive / PPA)
  • Community / Municipal / Cooperatives
• Installation Type Insights (Revenue, USD Bn, 2021 - 2033)
  • New-build greenfield installations
  • Repowering / Retrofit (turbine replacement & repower)
  • Expansion / Brownfield additions
• Regional Insights (Revenue, USD Bn, 2021 - 2033)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Siemens Gamesa Renewable Energy
  • GE Renewable Energy
  • Nordex SE
  • Vestas Wind Systems A/S
  • Enercon GmbH
  • Suzlon Energy Ltd.
  • MHI Vestas Offshore Wind
  • Goldwind
  • Senvion
  • American Wind Energy Association (AWEA)
  • Acciona Energy
  • EDP Renewables