The global wind energy market is expected to grow at a considerable CAGR of 8.9% during the forecast period (2024-2031). Government projects for the installation of windmills are the major factor for the growth of the market during the forecast period. Moreover, technological advancement in the field of wind energy is also augmenting the market growth. Technology innovation such as Turbine technology, resulting in decreased LCOE has increased the adoption of wind energy as an alternative source of power. 

Get Free Sample link @ https://www.omrglobal.com/request-sample/wind-energy-market

Moreover, floating foundations are potentially “game-changing” technology to efficiently abundant wind potential in deeper waters and thus could lead the way for rapid future growth in the offshore wind power market. As an estimate based on the step of developments across various regions, by 2030 around 5?GW to 30?GW of floating offshore capacity could be installed globally. By this, floating wind farms have the potential to cover around 5.0% to 15.0% of the global offshore wind installed capacity (almost 1,000?GW) by 2050.

Besides, the impact of COVID-19 has been seen less on the wind energy project in 2020. According to the Global Wind Energy Council (GWEC), offshore wind has been less affected by the global pandemic than other sectors of the energy market. 

Full report of Wind Energy Market available @ https://www.omrglobal.com/industry-reports/wind-energy-market

Market Coverage

• Segment Covered- 

o          By Equipment Market 

o          By Project

• Regions Covered-

o          North America

o          Europe

o          Asia-Pacific

o          Rest of the World

• Competitive Landscape- Competitive Landscape-  Vestas Wind Systems A/S, Siemens Gamesa Renewable Energy, S.A., Xinjiang Goldwind Science & Technology Co., Ltd., GE Wind Energy, Envision Energy Co. Ltd.  

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o          Deviation from the pre-COVID-19 forecast

o          Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Wind Energy Market Report Segment

By Equipment Market 

• Turbine 
• Electricity Generator 
• Wind Mill Tower 
• Control Equipment 

By Project

• Offshore Project 
• Onshore Project

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/wind-energy-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.