Wind Turbine Generator Industry - Regional Synopsis
Geographically, the wind turbine generator market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in the Asia Pacific industry is predicted to account for largest revenue share by 2037, owing to increased focus towards wind power in the region towards wind power is one of the significant factors driving the market's growth. Countries such as China and India will be the primary revenue donors to the APAC market in the coming years.
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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.
