세계의 풍력 터빈 부품 시장 예측 : 구성 요소별, 터빈 유형별, 재료별, 설치 유형별, 용도별, 최종 사용자별, 지역별 분석(-2032년)

According to Stratistics MRC, the Global Wind Turbine Components Market is accounted for $146.29 billion in 2025 and is expected to reach $251.54 billion by 2032 growing at a CAGR of 8.05% during the forecast period. Wind turbine components are the essential parts that make up a wind turbine, converting wind energy into electrical power. Key components include the rotor blades, gearbox, generator, nacelle, tower, and control systems. The rotor blades capture wind energy, which is then transmitted through the gearbox to the generator, where it is converted into electricity. These components work together to ensure optimal performance and efficiency in generating renewable energy.

According to the data from Invest India, as of March 2024, renewable energy sources, including hydropower, have a combined installed capacity of 190.57 GW.

Market Dynamics:

Driver:

Increasing demand for renewable energy

Governments are introducing favorable policies and incentives to promote the adoption of wind energy technologies. Wind turbines are increasingly being deployed to meet renewable energy targets set by national and international bodies. As energy security becomes a priority, wind energy is seen as a reliable and sustainable alternative to fossil fuels. Technological advancements in turbine components are improving performance and reducing long-term operational costs. This surge in renewable energy demand is a primary driver of the wind turbine components market.

Restraint:

High initial capital investment

Building efficient turbines requires precision-manufactured components, specialized materials, and advanced control systems. Procurement, transportation, and construction expenses elevate project costs, often making financing complex. Smaller developers and emerging markets may struggle to secure adequate funding. Although long-term operational savings exist, the initial investment continues to act as a barrier. These financial constraints hinder the widespread adoption of wind energy systems.

Opportunity:

Large-scale offshore wind projects

Offshore wind energy is gaining momentum due to its higher capacity factors and consistent wind availability. Advances in floating wind platforms and underwater cabling are making deep-sea projects more viable. Many coastal nations are investing in large-scale offshore wind farms to diversify their energy mix. These projects demand robust components with enhanced corrosion resistance, boosting demand in the turbine component segment. As technology improves, the cost competitiveness of offshore systems continues to rise. Overall, offshore expansion presents significant opportunities for market growth and innovation.

Threat:

Supply chain and raw material shortages

Wind turbine component manufacturing depends heavily on a global supply chain that is vulnerable to disruption. Limited availability of critical materials like rare earth elements and composites affects production timelines. Rising transportation and logistics costs further strain manufacturers and project developers. Geopolitical tensions and trade restrictions also add unpredictability to material sourcing. Supply chain bottlenecks can lead to delays and financial losses for ongoing and future wind energy projects.

Covid-19 Impact:

The COVID-19 pandemic disrupted manufacturing and logistics across the wind turbine components market. Lockdowns and restrictions delayed project implementation and procurement activities worldwide. Labor shortages and health safety protocols further slowed production and installation rates. However, the post-pandemic recovery saw renewed interest in sustainable energy investments. Remote monitoring and digitalization trends also gained traction, strengthening the resilience of future wind energy operations.

The generator segment is expected to be the largest during the forecast period

The generator segment is expected to account for the largest market share during the forecast period, due to the increasing need for renewable energy and technological advancements. As wind farms expand, the efficiency of generators becomes crucial for maximizing energy output. Government incentives for clean energy, along with falling wind power costs, also boost the market. Moreover, the shift towards larger turbines and offshore installations further accelerates the demand for high-performance generators in wind energy systems.

The onshore wind energy segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the onshore wind energy segment is predicted to witness the highest growth rate, fuelled by its lower installation costs compared to offshore projects, availability of land in many regions, and increasing governmental support through subsidies and incentives. As onshore wind farms are easier to maintain and scale, they attract both commercial and utility investments. Additionally, the rising demand for clean energy and declining turbine costs further support the expansion of onshore wind energy.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid industrialization and increasing energy consumption. Countries like China, India, and South Korea are heavily investing in wind energy to meet growing electricity demand sustainably. Supportive government policies, land availability, and public-private partnerships accelerate project deployment. The region's commitment to reducing carbon emissions supports continued market expansion.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to strong climate policies and technological advancements. The United States and Canada are scaling up wind energy capacity to transition away from fossil fuels. Investment in grid modernization and offshore wind infrastructure is driving component demand. R&D efforts in lightweight materials and power electronics enhance turbine performance. As a result, the region will experience the fastest growth across the wind turbine components market.

Key players in the market

Some of the key players in Wind Turbine Components Market include Vestas Wind Systems A/S, Ming Yang Smart Energy, Siemens Gamesa Renewable Energy, Sinovel Wind Group Co., Ltd., General Electric, Senvion S.A., Nordex SE, Guodian United Power Technology, Suzlon Energy Ltd., United Power Inc., Goldwind, Emerson GmbH, Enercon GmbH, LM Wind Power, and Xinjiang Goldwind Science & Technology Co., Ltd.

Key Developments:

In January 2024, GE Hitachi and SaskPower Sign Agreement to Advance Small Modular Reactor Development. The agreement will enable SaskPower and GEH to collaborate on project planning and facilitate the sharing of expertise related to the design, fuel sourcing and fabrication for the BWRX-300 small modular reactor. It will also support workforce and supply chain planning needed for a Saskatchewan-based SMR deployment.

In May 2023, Siemens Gamesa and Repsol have strengthened their commercial ties with the signing of two new contracts for the supply of 40 SG 5.0-145 onshore turbines for six wind farms in Spain, totaling 200 MW. Following this agreement, Repsol will have eight wind farms employing Siemens Gamesa technology, reaching a total of 324 MW.

Components Covered:

• Rotor Blade
• Gearbox
• Generator
• Tower
• Nacelle
• Control Systems
• Other Components

Turbine Types Covered:

• Horizontal Axis Wind Turbines (HAWT)
• Vertical Axis Wind Turbines (VAWT)

Materials Covered:

• Steel
• Composite Materials
• Fiberglass & Carbon Fiber
• Concrete
• Aluminum

Installation Types Covered:

• New Installation
• Replacement
• Retrofit

Applications Covered:

• Onshore Wind Energy
• Offshore Wind Energy

End Users Covered:

• Utilities
• Independent Power Producers (IPPs)
• Commercial & Industrial
• Residential
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Wind Turbine Components Market, By Component

• 5.1 Introduction
• 5.2 Rotor Blade
• 5.3 Gearbox
• 5.4 Generator
• 5.5 Tower
• 5.6 Nacelle
• 5.7 Control Systems
• 5.8 Other Components

6 Global Wind Turbine Components Market, By Turbine Type

• 6.1 Introduction
• 6.2 Horizontal Axis Wind Turbines (HAWT)
• 6.3 Vertical Axis Wind Turbines (VAWT)

7 Global Wind Turbine Components Market, By Material

• 7.1 Introduction
• 7.2 Steel
• 7.3 Composite Materials
• 7.4 Fiberglass & Carbon Fiber
• 7.5 Concrete
• 7.6 Aluminum

8 Global Wind Turbine Components Market, By Installation Type

• 8.1 Introduction
• 8.2 New Installation
• 8.3 Replacement
• 8.4 Retrofit

9 Global Wind Turbine Components Market, By Application

• 9.1 Introduction
• 9.2 Onshore Wind Energy
• 9.3 Offshore Wind Energy

10 Global Wind Turbine Components Market, By End User

• 10.1 Introduction
• 10.2 Utilities
• 10.3 Independent Power Producers (IPPs)
• 10.4 Commercial & Industrial
• 10.5 Residential
• 10.6 Other End Users

11 Global Wind Turbine Components Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Vestas Wind Systems A/S
• 13.2 Ming Yang Smart Energy
• 13.3 Siemens Gamesa Renewable Energy
• 13.4 Sinovel Wind Group Co., Ltd.
• 13.5 General Electric
• 13.6 Senvion S.A.
• 13.7 Nordex SE
• 13.8 Guodian United Power Technology
• 13.9 Suzlon Energy Ltd.
• 13.10 United Power Inc.
• 13.11 Goldwind
• 13.12 Emerson GmbH
• 13.13 Enercon GmbH
• 13.14 LM Wind Power
• 13.15 Xinjiang Goldwind Science & Technology Co., Ltd.