Market players that balance price competitiveness with supply-chain diversity appear best positioned as the wind power market matures into critical power infrastructure.
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Find up-to-date statistics and facts on the global wind power market.
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Based on application, the utility segment led the market with the largest revenue share of 83.5% in 2024. Solar and wind power generation, which were considered expensive two decades ago, are now
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The United States is the second-largest producer of wind power, and generated 341.40 TWh of wind power in 2021, equal to just over 21% of total global production. Together, China and the United
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Wind power had a record year in 2023 with around 117 GW of capacity (106.1 GW onshore, 10.9 GW offshore) added to the world''s grids; this increased the total capacity in operation more than 12.8% to
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Several shifts occurred among the world''s top 15 wind power markets: Brazil has consolidated its position as the fifth-largest market worldwide. Spain has moved down to seventh
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At the country level, the top five markets for new installations in 2024 were China, the US, Germany, India, and Brazil — together accounting for 81% of global additions.
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Wind Power Market to grow at a CAGR 12% to reach USD 517.55 billion during forecast period 2025-2035 due to increasing awareness of renewable energy sources. Wind Power Industry analysis by
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The average for 2022 based on 189 countries was 11.16 billion kilowatthours. The highest value was in China: 762.67 billion kilowatthours and the lowest value was in Afghanistan: 0 billion kilowatthours.
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Below, we show the world''s leading countries in wind power capacity in 2024: With nearly 522,000 MW of wind turbine capacity, China by far is the global leader. Even more
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