Onshore Wind Energy Market Size will Grow at 27% CAGR | Industry Share, Growth, Challenges, Competitive Landscape, Trends and Regional Forecast To 2023

“Onshore Wind Energy Market”
Global Onshore Wind Energy Market Report By End-use (Utilities, Commercial & Industrial, Hybrid power), by Application Power Capacity (below 500 KW, 500 KW to 2 MW, above 2 MW), by Wind Capacity, by Grid Connectivity and by Regions – Forecast till 2023

Global Onshore Wind Energy Market – Overview

Global onshore wind market is expected to grow at a faster pace shortly, the main reasons being increased context of energy supply, and demand and rising demand for renewable energy in electricity generation mix. Global Wind Energy Council has estimated that there has been an increase of wind power from 92.4 GW in 2007 to 494.6 GW in 2017. This proves the promising future of wind power in the near future. Besides the increasing projects in the construction of wind farms and wind parks is driving the market for onshore wind energy market. More wind farm projects from U.S. and China are witnessing the growth of wind power. However, higher outputs from offshore wind farm and more focus on offshore wind projects, is restraining the onshore wind energy market.

The demand for clean energy resources is increasing owing to the increased demand for electricity, and upcoming regulations unfavourable to conventional sources of energy. The continuous exploitation of renewable energy source has resulted in a higher number of wind energy projects around the globe. Innovation in the technology of wind turbines and wind parks has also added value to the onshore wind energy market. The large scale projects of power generation through wind farms and wind parks is expected to boost the onshore wind energy market.

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Onshore Wind Energy Market Segments Analysis:

Global Onshore Wind Energy Market, By End-Use

  • Utilities
  • Commercial & Industrial
  • Hybrid power
  • Others

Global Onshore Wind Energy Market, By Application

  • Peak power management
  • System stability
  • Demand responsibility
  • Frequency responsibility
  • Power storage

Global Onshore Wind Energy Market, By Power capacity

  • Less than 500 KW
  • 500 KW to 2 MW
  • More than 2 MW

Global Onshore Wind Energy Market, By Grid connectivity

  • Off-grid
  • On-grid

Global Onshore Wind Energy Market, By Wind capacity

  • High wind speed
  • Medium speed wind
  • Low wind speed

Global Onshore Wind Energy Market, By Regions

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Key Players

The key players of global onshore wind energy market are Siemens AG (Germany), Envision energy (China), General Electric Wind Energy (U.S.), Suzlon (India), Vestas Wind System A/S (Denmark), Enercon GmbH (Germany) Mitsubishi Power Systems (Japan), Nordex S.E. (Germany), Repower (Switzerland), Gazelle Wind Turbines (U.K.), and Clipper Wind Power (UK) are among others.

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Table of Content

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Bargaining Power of Suppliers

3.1.4 Threat of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


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