Onshore Wind Turbine Market is expected to reach US$ 72.6 billion by 2030 | Major players - Vestas Wind Systems, GE Renewable Energy, Nordex Group.

Market Size and Growth:

The Global Onshore Wind Turbine Market Size 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. According to DataM Intelligence Report.

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The Onshore Wind Turbine Market refers to the global industry involved in the manufacturing, installation, and maintenance of wind turbines located on land for electricity generation. It encompasses turbine components, services, and technologies aimed at harnessing wind energy efficiently. Growth is driven by renewable energy adoption, government incentives, technological advancements, and the push for sustainable power solutions worldwide.

United States: Recent Developments of Onshore Wind Turbine Market

✅ In October 2025, the US installed 593 MW of new onshore wind capacity in Q2 amid policy uncertainty, with projections for 3.8 GW over the first nine months exceeding 2024 levels.​

✅ In November 2025, policy changes including the rollback of the Inflation Reduction Act under the One Big Beautiful Bill Act reduced US onshore wind capacity projections for 2025-2030 by 30%, despite 16 GW under construction.​

✅ In December 2025, a US judge overturned the Trump administration's ban on wind energy project permits, enabling resumption of delayed onshore initiatives like those in New York and New Jersey.​

Europe: Recent Developments of Onshore Wind Turbine Market

✅ In September 2025, Europe installed 6 GW of new onshore wind capacity in H1, with permitting volumes up 40% year-on-year and governments awarding 10.7 GW in auctions.​

✅ In October 2025, Germany approved a record 7.8 GW of onshore wind turbine applications in H1, led by North Rhine-Westphalia at 2.7 GW, with procedures 20% faster.​

✅ In December 2025, Vattenfall and Cemvision advanced near-zero-carbon cement for onshore wind projects, with deliveries from the first industrial-scale plant set for 2028.

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Major Players:

Key companies in the Onshore Wind Turbine market include:

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

Market Growth Drivers:

✅ Technological Advancements: Development of larger turbines exceeding 5 MW capacity, improved rotor designs, higher hub heights, and integration of IoT, AI, and machine learning for predictive maintenance boost energy efficiency and output.​

✅ Declining Costs: Continued reduction in levelized cost of energy (LCOE) through economies of scale in manufacturing, installation, and turbine innovations makes onshore wind competitive with fossil fuels.​

✅ Government Policies and Incentives: Supportive measures like feed-in tariffs, power purchase agreements, tax credits, renewable energy targets, and subsidies drive investments and project deployments.​

Segments Covered in the Onshore Wind Turbine Market:

By Capacity: Less than 1MW, 1MW to 3MW and More than 3MW.

By Axis: Horizontal Axis, Vertical Axis.

By Size: Small Scale, Medium Scale and Large Scale.

By Technology: Electrically Excited Synchronous Generator and Permanent Magnet Synchronous Generator.

Regional Analysis for Onshore Wind Turbine Market:

⇥ 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 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's 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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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Onshore Wind Turbine market?

➠ Who are the global key manufacturers of the Onshore Wind Turbine Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Onshore Wind Turbine market opportunities and threats faced by the vendors in the global Onshore Wind Turbine Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Onshore Wind Turbine market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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