Market Summary
The US Wind Turbine Market is growing due to innovation, evolving demand, and industry shifts. This report offers insights into market size, value, trends, competitive analysis, and key company strategies. It supports strategic planning with data-driven forecasts and regional insights, helping stakeholders identify opportunities, assess performance, and navigate the changing landscape effectively.
Key Report Highlights:
- Market size and projections
- Recent strategic moves by companies
- Primary stakeholders
- Import and export trends
- Competitive landscape assessment
- Emerging opportunities
- Market trends and indicators
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Market size and projections
The US Wind Turbine Market size has an installed capacity of 1,42,542 MW (with total projects of 1,699) in 2024 and is projected to reach 1,61,821 MW by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.14% during the forecast period.
Market Key Driver –
Moreover, the new installation capacity of 2,118 MW in 2024 (across 28 projects) is projected to reach 3,213 MW by 2030 and is estimated to grow with a CAGR of around 7.19% during the forecast period, i.e. 2025-30. The wind turbine market in the US is increasing due to technological improvements, regulatory support, and increasing interest in sustainable energy, making it a key part of the renewable energy sector.
Competitive Landscape:
The report profiles key players in the US Wind Turbine market, including:
- GE Renewable Energy
- NourNET
- Vestas
- EDGNEX Riyadh RUH-1
- ReGen Powertech
- Envision Group
- NextEra Energy
- GE Vernova
- Suzlon Energy Limited
- NORDEX SE
- Goldwind Americas
These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position.
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US Wind Turbine Market Segmentation Analysis:
The market is segmented into the following categories:
By Axis Type
- Horizontal
- Vertical
Horizontal axis wind turbines (HAWT) are the primary choice in the US Wind Turbine Market accounting for almost 95% of the entire market as their efficiency and popularity are in large-scale and land-based installations.
By Rating
- Up to 1 MW
- 1 MW - 2.5 MW
- 5 MW - 5 MW
- 5 MW – 10 MW
- Above 10 MW
By Installation
- Offshore
- Onshore
By Component
- Rotator Blade
- Gearbox
- Generator
- Nacelle
- Others
By Application
- Industrial
- Commercial
- Residential
- Utility
- Others
The utility segment is dominating the US Wind Turbine Market by holding approximately 80% share of the total market.
By Region
- North
- South
- East
- West
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Key Questions Covered in the Report:
- What is the current size and value of the US Wind Turbine market?
- How is the US Wind Turbine market expected to grow by 2030?
- What key trends are shaping the future of the US Wind Turbine market?
- What factors are driving demand in the US Wind Turbine industry?
- Which regions show the strongest growth in the US Wind Turbine market?
- Who are the major players in the US Wind Turbine market and their strategies?
- What segments are leading revenue generation in the US Wind Turbine market?
- How are regulations influencing the US Wind Turbine market outlook?
- What are the major challenges facing the US Wind Turbine market?
- What new technologies are emerging in the US Wind Turbine industry?
- How is consumer behavior evolving in the US Wind Turbine market space?
- What opportunities exist for new entrants in the US Wind Turbine market?
- How does pricing vary across regions in the US Wind Turbine market?
- What investment trends are impacting the US Wind Turbine market growth?
- What is the forecasted CAGR for the US Wind Turbine market through 2030?
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