Wind Energy Market Share and Competitive Landscape
Wind Energy Market Share, Market share led by manufacturers, developers, and utilities adopting large-scale wind power solutions.
The Wind Energy Market Share is heavily influenced by regional and technological factors. Asia-Pacific, particularly China, holds the largest share of the global market. In 2024, China accounted for over 68% of new wind power installations and nearly 46% of the world's total wind capacity.
As a result, Chinese wind turbine manufacturers have seen their global market share increase significantly, with several now ranking among the world's top five. Outside of China, Western companies like Vestas, Siemens Gamesa, and General Electric continue to hold a strong market position. The onshore wind farms segment currently accounts for the majority of the market share, though offshore is rapidly gaining ground.
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