Onshore Wind Turbine (Above 2.5MW) Market Size to Reach $98.96 Billion by 2030 | Vestas, GE Energy, Siemens Gamesa

Onshore Wind Turbine (Above 2.5MW) Market Overview and Scope 2025-2031 -

The Onshore Wind Turbine(Above 2.5MW) market represents a diverse and expansive global industry comprising materials and solutions that support high-performance applications. These components are integrated across multiple end-user industries, where they provide foundational support for new technologies, durable products, and environmentally conscious systems.

The global Onshore Wind Turbine(Above 2.5MW) market was valued at US$ 71.13 billion in 2023 and is anticipated to reach US$ 98.96 billion by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.

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An onshore wind turbine refers to a type of wind turbine that is installed on land, as opposed to being located offshore in bodies of water. The capacity rating mentioned, "above 2.5MW," indicates that the turbine has a power output of 2.5 megawatts or more.

According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China"s installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.

Top Market Players

According to the QY Research report, leading global companies in the Onshore Wind Turbine(Above 2.5MW) market include:

Vestas
Ghrepower
GE Energy
Goldwind
Siemens Gamesa
ENESSERE SRL
S&W Energy Systems
HY Energy
Ming Yang
Envision
Windey
Dongfang
CSSC
Primus Wind Power
Eocycle
Nordex
Bergey Wind Power
Northern Power Systems
Tozzi Nord Srl
Xzeres Wind
Enercon
Gamesa

Companies are selected based on parameters such as: -

Revenue generation
Manufacturing facilities
R&D investments
Market share and innovation pipeline
Geographical presence

These leaders often pursue strategic alliances, M&A activity, and geographic expansion to maintain competitiveness and meet rising customer expectations.

Market Dynamics and Global Outlook -

The Onshore Wind Turbine(Above 2.5MW) market operates within a complex web of global dynamics, influenced by geopolitical tensions, economic fluctuations, and regulatory frameworks. Despite these challenges, the market continues to expand, driven by the growing demand from emerging economies and the proliferation of innovative solutions. Asia-Pacific, in particular, has emerged as a key player, fuelled by rapid industrialization and infrastructure development.

Opportunities and Investment Potential -

The report outlines a series of promising opportunities within the market:

Product Diversification: Companies can cater to new industries or innovate within existing lines to gain market share.

Sustainability-Focused Development: Creating eco-friendly Onshore Wind Turbine(Above 2.5MW) products can attract environmentally conscious clients and unlock new markets.

Strategic Partnerships: Collaborating with tech companies, universities, or government agencies can enhance innovation and credibility.

An investment proposition matrix provided in the report highlights high-growth segments and regions that present strong ROI potential over the next decade.

Challenges and Market Constraints -

Despite its promising outlook, the Onshore Wind Turbine(Above 2.5MW) market faces a few key hurdles:

Volatile Raw Material Prices: Fluctuating input costs can affect profitability and pricing strategies.

Regulatory Pressure: Adapting to region-specific environmental and safety standards demands continuous compliance investment.

Technological Obsolescence: Rapid technological advancements may render existing products outdated unless constant innovation is pursued.

Detailed of Onshore Wind Turbine(Above 2.5MW) Market Segmentation: -

Segmentation By Type :-

Horizontal Axis Wind Turbine
Vertical Axis Wind Turbine

Segmentation By Application : -

Below 3 MW
3-4 MW
Above 4 MW

Regional Insights -

North America

Dominated by the U.S., North America has a robust demand for technologically advanced and regulatory-compliant Onshore Wind Turbine(Above 2.5MW) solutions. Investments in renewable energy, automotive electrification, and biomedical R&D drive growth in this region.

Europe

With strict environmental norms and a strong manufacturing base, Europe continues to push for innovation in sustainable Onshore Wind Turbine(Above 2.5MW) alternatives, especially in construction and energy sectors.

Asia-Pacific

Countries like China, Japan, South Korea, and India are emerging as manufacturing hubs. Favourable government policies, large-scale infrastructure projects, and access to raw materials have positioned APAC as the fastest-growing region in the Onshore Wind Turbine(Above 2.5MW) market.

Latin America & EMEA

These regions show growing interest due to increased demand in agriculture, automotive, and consumer products, supported by international investments and technology transfer.

Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Onshore Wind Turbine(Above 2.5MW) market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.

ᗒ This report profiles key players in the global Onshore Wind Turbine(Above 2.5MW) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Onshore Wind Turbine(Above 2.5MW) sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Onshore Wind Turbine(Above 2.5MW) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

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Table of Contents with Major Points : -

1. Executive Summary

1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2025-2031 (USD Billion)
1.2.1. Onshore Wind Turbine(Above 2.5MW) Market, by Region, 2025-2031 (USD Billion)
1.2.2. Onshore Wind Turbine(Above 2.5MW) Market, by Type, 2025-2031 (USD Billion)
1.2.3. Onshore Wind Turbine(Above 2.5MW) Market, by Application, 2025-2031 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Onshore Wind Turbine(Above 2.5MW) Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Market Dynamics

3.1. Onshore Wind Turbine(Above 2.5MW) Market Impact Analysis (2025-2031)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Industry Analysis

4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2025-2031)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Market, by Type

5.1. Market Analysis
5.2. Global Onshore Wind Turbine(Above 2.5MW) Market by Type, Performance - Potential Analysis
5.3. Global Onshore Wind Turbine(Above 2.5MW) Market Estimates & Forecasts by Type 2025-2031 (USD Billion)
5.4. Onshore Wind Turbine(Above 2.5MW) Market, Sub-Segment Analysis

6. Global Market, by Application

6.1. Market Analysis
6.2. Global Onshore Wind Turbine(Above 2.5MW) Market by Application, Performance - Potential Analysis
6.3. Global Onshore Wind Turbine(Above 2.5MW) Market Estimates & Forecasts by Application 2025-2031 (USD Billion)
6.4. Onshore Wind Turbine(Above 2.5MW) Market, Sub-Segment Analysis
6.4.1. Others

7. Regional Analysis

7.1. Onshore Wind Turbine(Above 2.5MW) Market, Regional Market Analysis
7.2. North America Onshore Wind Turbine(Above 2.5MW) Market
7.3. Europe Onshore Wind Turbine(Above 2.5MW) Market Analysis
7.4. Asia-Pacific Onshore Wind Turbine(Above 2.5MW) Market Analysis
7.5. Latin America Onshore Wind Turbine(Above 2.5MW) Market Analysis
7.6. Rest of The World Onshore Wind Turbine(Above 2.5MW) Market

8 Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments

9. Research Process

9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

Important questions answered in the report includes of:

ᗒ How will the market for the XYZ Market industry grow in 2025?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data centre?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

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