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Wind Power Systems Market to grow by USD 49.52 Bn by 2026, Increasing investments in renewable energy to boost market growth - Technavio

NEW YORK, Oct. 17, 2022 -- The wind power systems market size is set to grow by USD 49.52 bn from 2021 to 2026, at a CAGR of 6.57%, according to Technvaio Research Reports. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Frequently Asked Questions:

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  • Based on segmentation by Technology, which is the leading segment in the market?
  • What are the major trends in the market? 
  • At what rate is the market projected to grow?
  • Who are the top players in the market?
  • What are the key market drivers and challenges?
  •  How big is the APAC market?

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Able UK Ltd, Aerodyn Energiesysteme Gmbh, Belden Inc., Bora Energy, BRUGG GROUP AG, Clipper Windpower LLC, Doosan Heavy Industries and Construction Co. Ltd., Emergya Wind Technologies BV, ENERCON GmbH, Fujikura Ltd., General Electric Co, Inox Wind Ltd., JDR Cable Systems Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd., LS Cable and System Ltd., Senvion Wind Technology Pvt. Ltd., and The Okonite Co. are some of the major market participants. Request Free Sample Report.

The increasing investments in renewable energy, the need for sustainable energy, an increasing focus on energy security, and the decline in LCOE for wind power generation will offer immense growth opportunities, which is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this wind power systems market forecast report provides a detailed analysis of the leading market vendors.

The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Wind Power Systems Market Segmentation

  • Technology 
    • Wind Turbine
    • T&D
    • Others
  • Geography 
    • APAC
    • North America
    • Europe
    • Middle East And Africa
    • South America

Grab access to the wind power systems market sample report outlook for effective
decision making - Buy Sample Report.

Wind Power Systems Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wind power systems market report covers the following areas:

  • Wind Power Systems Market Size
  • Wind Power Systems Market Trends
  • Wind Power Systems Market Industry Analysis

This study identifies the global energy transition as one of the prime reasons driving the Wind
Power Systems Market growth during the next few years. Download Free Sample Report.

Wind Power Systems Market Key Highlights

  • CAGR of the market during the forecast period
  • Detailed information on factors that will assist wind power systems market growth during the next five years
  • Estimation of the wind power systems market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the wind power systems market across APAC, North America, Europe, Middle East and Africa, and South America
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wind power systems market vendors

Related Reports:

Off-Grid Energy Storage System Market by Battery Type and Geography - Forecast and Analysis 2022-2026

Small Wind Turbine Market by Type and Geography - Forecast and Analysis 2022-2026

Wind Power Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.57%

Market growth 2022-2026

$49.52 billion

Market structure

Fragmented

YoY growth (%)

6.2

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 61%

Key consumer countries

US, China, South Korea, Japan, UK, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Able UK Ltd, Aerodyn Energiesysteme Gmbh, Belden Inc., Bora Energy, BRUGG GROUP AG, Clipper Windpower LLC, Doosan Heavy Industries and Construction Co. Ltd., Emergya Wind Technologies BV, ENERCON GmbH, Fujikura Ltd., General Electric Co, Inox Wind Ltd., JDR Cable Systems Ltd., Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd., LS Cable and System Ltd., Molded Fiber Glass Co., Nexans SA, NKT AS, Nordex SE, Prysmian Spa, ReGen Powertech Pvt Ltd., Samsung Heavy Industries Co. Ltd., Senvion Wind Technology Pvt. Ltd., and The Okonite Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market Overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Technology

  • 5.1 Market segments 
    • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
  • 5.2 Comparison by Technology 
    • Exhibit 26: Chart on Comparison by Technology
    • Exhibit 27: Data Table on Comparison by Technology
  • 5.3 Wind turbine - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Wind turbine - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 29: Data Table on Wind turbine - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 30: Chart on Wind turbine - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Wind turbine - Year-over-year growth 2021-2026 (%)
  • 5.4 T and D - Market size and forecast 2021-2026
    • Exhibit 32: Chart on T and D - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 33: Data Table on T and D - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 34: Chart on T and D - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on T and D - Year-over-year growth 2021-2026 (%)
  • 5.5 Others - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Technology 
    • Exhibit 40: Market opportunity by Technology ($ billion)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026
    • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 South Korea - Market size and forecast 2021-2026
    • Exhibit 74: Chart on South Korea - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 75: Data Table on South Korea - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 76: Chart on South Korea - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 UK - Market size and forecast 2021-2026
    • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.13 Italy - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Italy - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 87: Data Table on Italy - Market size and forecast 2021-2026 ($ billion)
    • Exhibit 88: Chart on Italy - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Italy - Year-over-year growth 2021-2026 (%)
  • 7.14 Market opportunity by geography 
    • Exhibit 90: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Able UK Ltd 
    • Exhibit 97: Able UK Ltd - Overview
    • Exhibit 98: Able UK Ltd - Product / Service
    • Exhibit 99: Able UK Ltd - Key offerings
  • 10.4 Aerodyn Energiesysteme Gmbh 
    • Exhibit 100: Aerodyn Energiesysteme Gmbh - Overview
    • Exhibit 101: Aerodyn Energiesysteme Gmbh - Product / Service
    • Exhibit 102: Aerodyn Energiesysteme Gmbh - Key offerings
  • 10.5 Belden Inc. 
    • Exhibit 103: Belden Inc. - Overview
    • Exhibit 104: Belden Inc. - Business segments
    • Exhibit 105: Belden Inc. - Key news
    • Exhibit 106: Belden Inc. - Key offerings
    • Exhibit 107: Belden Inc. - Segment focus
  • 10.6 Bora Energy 
    • Exhibit 108: Bora Energy - Overview
    • Exhibit 109: Bora Energy - Product / Service
    • Exhibit 110: Bora Energy - Key offerings
  • 10.7 BRUGG GROUP AG 
    • Exhibit 111: BRUGG GROUP AG - Overview
    • Exhibit 112: BRUGG GROUP AG - Product / Service
    • Exhibit 113: BRUGG GROUP AG - Key offerings
  • 10.8 Clipper Windpower LLC 
    • Exhibit 114: Clipper Windpower LLC - Overview
    • Exhibit 115: Clipper Windpower LLC - Product / Service
    • Exhibit 116: Clipper Windpower LLC - Key offerings
  • 10.9 Doosan Heavy Industries and Construction Co. Ltd.
    • Exhibit 117: Doosan Heavy Industries and Construction Co. Ltd. - Overview
    • Exhibit 118: Doosan Heavy Industries and Construction Co. Ltd. - Business segments
    • Exhibit 119: Doosan Heavy Industries and Construction Co. Ltd. - Key offerings
    • Exhibit 120: Doosan Heavy Industries and Construction Co. Ltd. - Segment focus
  • 10.10 Emergya Wind Technologies BV 
    • Exhibit 121: Emergya Wind Technologies BV - Overview
    • Exhibit 122: Emergya Wind Technologies BV - Product / Service
    • Exhibit 123: Emergya Wind Technologies BV - Key offerings
  • 10.11 ENERCON GmbH 
    • Exhibit 124: ENERCON GmbH - Overview
    • Exhibit 125: ENERCON GmbH - Product / Service
    • Exhibit 126: ENERCON GmbH - Key offerings
  • 10.12 Fujikura Ltd. 
    • Exhibit 127: Fujikura Ltd. - Overview
    • Exhibit 128: Fujikura Ltd. - Business segments
    • Exhibit 129: Fujikura Ltd. - Key offerings
    • Exhibit 130: Fujikura Ltd. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 131: Inclusions checklist
    • Exhibit 132: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 133: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 134: Research methodology
    • Exhibit 135: Validation techniques employed for market sizing
    • Exhibit 136: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 137: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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