US Wind Turbine Market Insights, Share & Growth Trends 2025 to 2030

Markntel Advisors’ report, US Wind Turbine Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the US Wind Turbine presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

US Wind Turbine Market Research Report & Market Summary:

The US Wind Turbine Market size has an installed capacity of 1,42,542 MW (with total projects of 1,699) in 2024 and is projected to reach 1,61,821 MW by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.14% during the forecast period. Moreover, the new installation capacity of 2,118 MW in 2024 (across 28 projects) is projected to reach 3,213 MW by 2030 and is estimated to grow with a CAGR of around 7.19% during the forecast period, i.e. 2025-30. The wind turbine market in the US is increasing due to technological improvements, regulatory support, and increasing interest in sustainable energy, making it a key part of the renewable energy sector. Federal and state renewable energy guidelines, like the 2022 Inflation Reduction Act, are driving the market with extended tax credits for wind projects. Additionally, the growth of offshore wind power provides a major opportunity, with states such as New York and California at the leading edge of government efforts to access abundant offshore resources. Also, the emphasis on achieving energy independence and lowering dependence on foreign fossil fuels boosted the growth of the wind energy industry.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/us-wind-turbine-market.html

US Wind Turbine Market Dynamics:

Key Driver-

Federal and State Renewable Energy Policies – Federal and state renewable energy policies that prioritize sustainability and decarbonization strongly drive the US Wind Turbine Market. The Inflation Reduction Act of 2022 offered generous incentives for renewable energy initiatives. The prolonged Production Tax Credits (PTC) and Investment Tax Credits (ITC) specifically for wind energy, secure economic feasibility for major projects. This policy extension is expected to spur the growth of wind energy projects nationwide. Also, Renewable Portfolio Standards (RPS) are essential at the state level. For example, California requires that 60% of its electricity must be generated from renewable sources by 2030, leading to a significant need for wind turbines.

In the same way, Texas, which is already the biggest wind energy producer in the US producing a staggering 28% of wind energy in the U.S. in 2023. Texas is continuing to increase its capacity with initiatives led by the state. The purpose of these standards is to help states diversify their energy sources boost domestic energy production and stimulate economic growth. Wind energy is a crucial part of the US energy transition due to strong regulations from both federal and state governments.

US Wind Turbine Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Axis Type

Horizontal - Market Size & Forecast 2020-2030F, USD Million
Vertical - Market Size & Forecast 2020-2030F, USD Million

Horizontal axis wind turbines (HAWT) are the primary choice in the US Wind Turbine Market accounting for almost 95% of the entire market as their efficiency and popularity are in large-scale and land-based installations.

By Rating

Up to 1 MW - Market Size & Forecast 2020-2030F, USD Million
1 MW - 2.5 MW - Market Size & Forecast 2020-2030F, USD Million
5 MW - 5 MW - Market Size & Forecast 2020-2030F, USD Million
5 MW – 10 MW - Market Size & Forecast 2020-2030F, USD Million
Above 10 MW - Market Size & Forecast 2020-2030F, USD Million

By Installation

Offshore - Market Size & Forecast 2020-2030F, USD Million
Onshore - Market Size & Forecast 2020-2030F, USD Million

By Component

Rotator Blade - Market Size & Forecast 2020-2030F, USD Million
Gearbox - Market Size & Forecast 2020-2030F, USD Million
Generator - Market Size & Forecast 2020-2030F, USD Million
Nacelle - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million

By Application

Industrial - Market Size & Forecast 2020-2030F, USD Million
Commercial - Market Size & Forecast 2020-2030F, USD Million
Residential - Market Size & Forecast 2020-2030F, USD Million
Utility - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million

The utility segment is dominating the US Wind Turbine Market by holding approximately 80% share of the total market. It is powered by the development of large wind energy projects aimed at satisfying the increasing need for electricity.

By Region

North
South
East
West.

As indicated in the latest market research report published by Markntel Advisors, “US Wind Turbine Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the US Wind Turbine industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/us-wind-turbine-market.html

Top Companies Operating in the US Wind Turbine Market:

GE Renewable Energy
NourNET
Vestas
EDGNEX Riyadh RUH-1
ReGen Powertech
Envision Group
NextEra Energy
GE Vernova
Suzlon Energy Limited
NORDEX SE
Goldwind Americas

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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