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Wind Turbine Generator Market Analysis

  • Report ID: 2933
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Wind Turbine Generator Market Analysis

The market is segmented on the basis of applications into offshore and onshore, out of which the wind turbine generator market vendors focus on clutching business opportunities from the onshore segment since it requires less capital investment than the offshore segment. It will be the primary factor driving the growth of the onshore segment.

 

Our in-depth analysis of the global market includes the following segments:

           Type
  • Synchronous Generator
  • Asynchronous Generator

          Application
  • Onshore
  • Offshore
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Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia


  • Report ID: 2933
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of wind turbine generator is evaluated at USD 24.38 billion.

Wind Turbine Generator Market size was valued at USD 23.33 billion in 2024 and is set to exceed USD 45.65 billion by 2037, expanding at over 5.3% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to account for largest revenue share by 2037, owing to increased focus towards wind power in the region.

The major players in the market are ABB Ltd., AVANTIS Energy Group, Vestas Wind Systems A/S, and Suzlon Energy Ltd, among others.
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