The wind power industry was valued at USD 105.9 billion in 2021 and projected to grow from USD 118.61 Billion in 2022 to USD 262.20 billion by 2030, exhibiting CAGR of 12% during the forecast period (2022 - 2030).
According to the Global Wind Energy Council, the global wind power industry installed a record 93 GW of new capacity in 2020, which represents a 53% increase compared to the previous year. The total installed wind power capacity globally is now over 743 GW, with China, the United States, and Germany being the top three countries in terms of installed capacity.
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In terms of revenue, the global wind power industry generated approximately $138 billion in revenue in 2019, according to the International Renewable Energy Agency (IRENA). However, it's worth noting that revenue figures can vary significantly by region and market conditions.
List of top Companies in the wind power market are;
- Vestas (Denmark)
- General Electric (US)
- Senvion SA (Germany)
- Wind World Limited (India)
- Orient Green Power Company (India)
- Indowind (India)
- DNV GL (Norway)
- Siemens Gamesa Renewable Energy SA (Spain)
- Goldwind (China)
- Bergey Wind Power (US), among others
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