Global Wind Power Market Size & Outlook, 2026-2033
Global wind power market, 2021-2033 (US$B)
Global wind power market highlights
- The global wind power market generated a revenue of USD 111.2 billion in 2025 and is expected to reach USD 173.9 billion by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 5.7% by 2033.
- In terms of segment, onshore accounted for a revenue of USD 117.6 billion in 2025.
- Onshore is the most lucrative location segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2025.
Global data book summary
| Market revenue in 2025 | USD 111.2 billion |
| Market revenue in 2033 | USD 173.9 billion |
| Growth rate | 5.7% (CAGR from 2026 to 2033) |
| Largest segment | Onshore |
| Fastest growing segment | Onshore |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Onshore |
Other key industry trends
- In terms of revenue, the North America accounted for 19.4% of the global wind power market in 2025.
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Wind Power Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| VENSYS | View profile | 11-50 | Neunkirchen, Nordrhein-Westfalen, Germany, Europe | http://www.vensys.de |
| United Power | View profile | 101-250 | Brighton, Colorado, United States, North America | https://www.unitedpower.com/ |
| Sinovel | View profile | 5001-10000 | Haidian, Beijing, China, Asia | http://www.sinovel.com |
| EDF Renewable Energy | View profile | 501-1000 | San Diego, California, United States, North America | http://www.edf-re.com |
| Goldwind | View profile | 1001-5000 | Beijing, Beijing, China, Asia | http://www.goldwindglobal.com/ |
| Siemens Gamesa Renewable Energy | View profile | 10001+ | Zamudio, Pais Vasco, Spain, Europe | https://www.siemensgamesa.com/en-int |
| Northland Power Inc | View profile | 1344 | 30 Street Clair Avenue West, 17th Floor, Toronto, ON, Canada, M4V 3A1 | https://www.northlandpower.com |
| Suzlon Energy | View profile | 10001+ | Pune, Maharashtra, India, Asia | http://suzlon.com/ |
| Vestas Wind Systems A/S | View profile | 31363 | Hedeager 42, Aarhus, Denmark, 8200 | https://www.vestas.com |
| GE Vernova Inc | View profile | - | 58 Charles Street, Cambridge, MA, United States, | https://www.gevernova.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global wind power market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wind power market will help companies and investors design strategic landscapes.
Onshore was the largest segment with a revenue share of 105.76% in 2025. Horizon Databook has segmented the Global wind power market based on onshore covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Wind Power Location Outlook (Revenue, USD Billion, 2021-2033)
- Onshore
- Offshore
- Global Wind Power Application Outlook (Revenue, USD Billion, 2021-2033)
- Utility
- Non-Utility
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Our clientele includes a mix of wind power market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wind power market , including forecasts for subscribers. This global databook contains high-level insights into Global wind power market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global wind power market size, by regions, 2021-2033 (US$B)
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