Press release
United States Onshore Wind Turbine Market: IRA Policy & Capacity Growth | Major Companies likes - Vestas Wind Systems, Siemens Gamesa Renewable Energy, GE Renewable Energy, Goldwind
Market Size and Forecast:The Global Onshore Wind Turbine Market reached US$ 51.9 billion in 2022 and is expected to reach US$ 72.6 billion by 2030, growing with a CAGR of 4.9% during the forecast period 2024-2031.
The Onshore Wind Turbine Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Onshore wind turbines convert wind energy into electricity through large rotor blades connected to generators installed on land-based towers. They are a key component of the renewable energy mix, offering cost-effective and sustainable power generation with lower carbon emissions, supported by ongoing advancements in turbine efficiency and grid integration technologies.
Recent Key Developments of United States and Japan:
USA
July 4, 2025: The passage of the "One Big Beautiful Bill Act" (OBBBA) fundamentally restructured the U.S. wind market by altering tax credit eligibility from "placed in service" to "start of construction," which is expected to trigger a late surge in turbine orders to secure incentives before their 2027 expiry.
September 2025: The U.S. wind market saw an "order rush" for turbine manufacturer Vestas, driven by developer activity aimed at accelerating project timelines to capitalize on shifting federal tax credit policies.
Japan
Ongoing Trend (Jul-Sept 2025): The market for onshore wind remained constrained, as government policy focused heavily on developing offshore wind capacity, with the new "EEZ Law" passed in June 2025 designed to enable large-scale floating offshore projects.
September 29, 2025: Vestas announced a new order for an onshore wind repowering project in South Korea (a regional market), but no significant new onshore turbine orders or project commissionings were announced for Japan, reflecting the sustained slow pace of onshore deployment.
List of the Key Players in the Onshore Wind Turbine Market:
Vestas Wind Systems
Siemens Gamesa Renewable Energy
GE Renewable Energy
Goldwind
Nordex Group
Enercon GmbH
Suzlon Energy Ltd.
Envision Energy
Senvion GmbH
Ming Yang Smart Energy Group
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This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Segments Covered in the Onshore Wind Turbine Market:
➥ By Capacity: Less than 1MW, 1MW to 3MW, More than 3MW
➥ By Axis: Horizontal Axis, Vertical Axis
➥ By Size: Small Scale, Medium Scale, Large Scale
➥ By Technology: Electrically Excited Synchronous Generator, Permanent Magnet Synchronous Generator
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Onshore Wind Turbine Market market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Onshore Wind Turbine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The Global Onshore Wind Turbine Market leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Onshore Wind Turbine Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Onshore Wind Turbine Market in 2025?
◆ What is the projected growth rate of the Onshore Wind Turbine Market through 2033?
◆ Who are the key players in the Onshore Wind Turbine Market?
◆ Which region is expected to dominate the industry during the forecast period?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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