Europe Onshore Wind Energy Market Insights

Europe is a global leader in the onshore wind energy market, with countries like Germany, Spain, and the United Kingdom spearheading advancements. The EU’s ambitious renewable energy targets and supportive policies have catalyzed widespread adoption. Technological innovations, coupled with large-scale investments, have made wind energy increasingly competitive with traditional fossil fuels. Cross-border electricity trading and integrated energy markets further bolster growth.

According to MRFR analysis, Europe Onshore Wind Energy market is expected to register a CAGR of ~ 4.8% from 2024 to 2030 and hold a value of over USD 75.64 billion by 2030. Europe Onshore Wind Energy refers to the generation of electricity from wind turbines located on land, as opposed to offshore wind farms situated in bodies of water. It is one of the most mature and widely deployed renewable energy sources worldwide. Onshore wind farms consist of multiple wind turbines strategically placed in locations with favorable wind conditions.

Regional Analysis

Europe has been a leading market for Europe Onshore Wind Energy. Countries like Germany, Spain, and the United Kingdom have made significant investments in wind power infrastructure. The European Union has set ambitious renewable energy targets, driving the growth of onshore wind projects. Favorable government policies, feed-in tariffs, and subsidies have also played a crucial role in the development of the market in this region.

The Europe Onshore Wind Energy market in North America has witnessed substantial growth, particularly in the United States and Canada. Several U.S. states, including Texas, Iowa, and California, have abundant wind resources and supportive policies, leading to the installation of large-scale wind farms. In Canada, provinces like Ontario, Quebec, and Alberta have implemented renewable energy targets, creating opportunities for onshore wind projects.

The Asia-Pacific region has emerged as a significant player in the Europe Onshore Wind Energy market. China has become the world's largest market for onshore wind power, with extensive installations across its vast landmass. India has also made significant strides in the sector, driven by the government's renewable energy targets and favorable policies. Other countries in the region, such as Australia, Japan, and South Korea, have also witnessed growth in onshore wind installations.

Key Players                   

  • Siemens AG (Germany)
  • Envision energy (China)
  • General Electric Wind Energy (U.S.)
  • Suzlon (India)
  • Vestas Wind System A/S (Denmark)
  • Enercon GmbH (Germany)
  • Mitsubishi Power Systems (Japan)
  • Nordex S.E. (Germany)
  • Repower (Switzerland)
  • Gazelle Wind Turbines (U.K.)
  • Clipper Wind Power (UK), among others

Market Segmentation

Europe Europe Onshore Wind Energy market has been segmented into End-use, Application, Power Capacity, Wind Capacity, Grid Connectivity

End-use: Utilities , Commercial & Industrial , Hybrid Power

Application :  Peak Power Management , Power Storage , Demand Response , Frequency Response , System Stability

Power Capacity : Less Than 500 KW , 500 KW To 2 MW , More Than 2 MW

Wind Capacity :  High Wind Speed , Medium Wind Speed , Low Wind Speed

Grid Connectivity : Off-Grid , On-Grid

Related Reports:

global hydraulic systems

manufacturers of small wind turbines

what is a ngl

enhanced oil recovery.ppt