Surging Renewable Energy Demand Fuels The Onshore Wind Turbine Market Growth: A Key Driver Powering Onshore Wind Turbine Market Growth In 2025

The Onshore Wind Turbine Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Onshore Wind Turbine Market Size and Its Estimated Growth Rate?
The onshore wind turbine market size will rise from $50.73 billion in 2024 to $53.71 billion in 2025, with a CAGR of 5.9%. The growth is driven by increasing government subsidies, rising energy demands, environmental awareness, regulatory support for renewable energy, reduced wind power production costs, and the development of wind power infrastructure.

The onshore wind turbine market size is expected to reach $66.84 billion in 2029 at a CAGR of 5.6%. This growth is driven by a focus on climate change mitigation, expansion of green energy mandates, improved grid integration, growing investment in renewable infrastructure, and larger, more efficient turbines. Key trends include the adoption of advanced turbine technologies, larger turbine models, integration wit

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How Are Emerging Segments Shaping the Onshore Wind Turbine Market Landscape?
The onshore wind turbinemarket covered in this report is segmented -

1) By Axis: Horizontal Axis, Vertical Axis
2) By Size: Small Scale, Medium Scale, Large Scale
3) By Technology: Electrically Excited Synchronous Generator, Permanent Magnet Synchronous Generator
4) By Capacity: Less Than 1 Megawatt (MW), 1 Megawatt (MW) To 3 Megawatt (MW), More Than 3 Megawatt (MW)

Subsegments:
1) Horizontal Axis: Upwind Turbines, Downwind Turbines, Variable Pitch Turbines
2) Vertical Axis: Darrieus Turbines, Savonius Turbines, Helical Turbines

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Which Growth Factors Are Influencing Onshore Wind Turbine Market Expansion?
The increasing demand for renewable energy is expected to drive the growth of the onshore wind turbine market. Onshore wind turbines are an essential part of renewable energy systems, helping reduce dependence on fossil fuels. They can be deployed at various sites, improving energy grid stability. The International Trade Administration projected that the U.S. would see continued growth in energy consumption, which will increase the demand for onshore wind turbines. Therefore, the demand for renewable energy is propelling the growth of the onshore wind turbine market.

Who Are the Dominant Players Across Different Onshore Wind Turbine Market Segments?
Major companies operating in the onshore wind turbine market are Hitachi Ltd., GE Vernova Inc., Vestas Wind Systems A/S, Siemens Gamesa Renewable Energy S.A.U., Pattern Energy, Nordex SE, Dongfang Electric Corporation, ENERCON Global GmbH, EDF Renewables SA, Suzlon Energy Limited, ReGen Powertech Pvt. Ltd., Envision Energy USA Limited, Sinovel Wind Group Co. Ltd., Emergya Wind Technologies B.V, M.Torres Ólvega Industrial S.L., Inox Wind Ltd., Leitwind Shriram Manufacturing Ltd., Northern Power Systems Inc., XZERES Corp., Doosan Power Systems India Pvt Ltd., Bergey Windpower Co., Senvion GmbH

What Onshore Wind Turbine Market Trends Are Gaining Traction Across Different Segments?
Leading companies in the onshore wind turbine market are dedicated to advancing solutions like land-based turbines to boost structural efficiency and renewable energy production. Land-based turbines are installed on solid ground to capture wind energy and convert it into electricity, playing a key role in terrestrial wind farms. For example, in January 2023, Mingyang Smart Energy, a Chinese manufacturer, introduced the Myse 8.5-216, one of the largest onshore turbines available, with a rotor diameter of 216 meters and a capacity of 8.5 megawatts. It generates around 200,000 kWh per day and is designed for extreme environments like deserts, able to withstand sand and temperature variations. The turbine's critical components, including its motor and blades, are rigorously tested to ensure durability and performance.

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Which Geographic Regions Are Expected to Dominate the Onshore Wind Turbine Market in the Coming Years?
North America was the largest region in the onshore wind turbine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the onshore wind turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Onshore Wind Turbine Market?
2. What is the CAGR expected in the Onshore Wind Turbine Market?
3. What Are the Key Innovations Transforming the Onshore Wind Turbine Industry?
4. Which Region Is Leading the Onshore Wind Turbine Market?

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