Sale

Wind Tower Market

Global Wind Tower Market Share, Size, Trends, Analysis, Forecast: By Type: Tubular Steel, Concrete, Lattice, Hybrid, Guyed Pole Towers, Others; By Application: Off-Shore, On-Shore; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Global Wind Tower Market Outlook

The global wind tower market size reached a value of around USD 27.90 billion in 2023. The market is further expected to grow at a CAGR of 8% between 2024 and 2032, to reach a value of USD 55.96 billion by 2032.

 

Key Trends in the Market

Wind towers refer to the building structures that support wind turbines and all of their components. The tower prevents the turbine's blades from colliding with the ground by supporting the rotor and hub in place. With help from wind towers, wind turbines are positioned at the ideal height to harness the force of the wind.

 

Global Wind Tower Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

  • The key wind tower market trends propelling the growth of the market are the increasing need for electricity, rapid adoption of green energy, expanding population, aims to reduce greenhouse gas emissions, and the depletion of fossil resources.
  • To encourage sustainability, governments all around the world are spending money on researching and implementing renewable energy sources. Thus, the increasing adoption of renewable energy is expected to support the wind tower market growth globally.
  • Technical advancements and greater investments in research and innovation to make wind towers more resilient, efficient, and cost-effective are further supporting the wind tower global market.

 

Global Wind Tower Market Analysis

Based on type, the market is divided into tubular steel, concrete, lattice, hybrid, and guyed pole towers, among others. The wind tower market segmentation, on the basis of application, is off-shore and on-shore. The regional markets for wind towers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Wind Tower Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global wind tower market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • ENERCON GmbH
  • CS Wind Corporation
  • Arcosa Wind Towers, Inc.
  • Vestas Wind Systems A/S
  • Shanghai Taisheng Wind Power Equipment Co. Ltd.
  • WINDAR Renovables
  • KGW SchwerinerMaschinen-und Anlagenbau GmbH
  • Others

 

Global Wind Tower Market Share by Type

The concrete wind tower segment by type is expected to witness rapid growth in the market for wind towers as these towers are strong, transporting them is inexpensive, and most of the materials are readily available. It is anticipated that the major factors driving the demand for concrete wind towers will be the increasing usage of large wind turbines, relatively high-cost stability of concrete towers, reduced transportation costs, and locally available concrete tower materials.

 

Global Wind Tower Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Global Wind Tower Market Share by Region

Asia Pacific is anticipated to be one of the leading regions for wind towers due to favourable policies of governments in the region and attempts to boost the use of cleaner and renewable sources in electricity generation. Due to rapid urbanisation and economic development, major countries like China, India, and Australia require more energy than other nations, thus increasing the wind tower market demand.

 

Competitive Landscape

ENERCON GmbH, founded in 1984 and headquartered in Aurich, Germany, produces and distributes wind energy converters (WEC). The company manufactures rotor blades, annular generators, inverters, cast components, towers, and machine housing in addition to other WEC parts.

 

Arcosa Wind Towers, Inc., headquartered in Texas in the United States, is a growth-oriented supplier of infrastructure-related goods and services with dominant positions in the building, energy, and transportation sectors. Founded in 2000, the company is also a leading manufacturer of structural wind towers in North America.

 

Vestas Wind Systems A/S, founded in 1945 and headquartered in Aarhus, Denmark, is an international partner to the energy sector for sustainable energy solutions. The company creates, produces, installs, and offers services for onshore and offshore power converters, wind turbines, blades, and towers.

 

Other market players include CS Wind Corporation, Shanghai Taisheng Wind Power Equipment Co. Ltd., WINDAR Renovables, and KGW SchwerinerMaschinen-und Anlagenbau GmbH, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Tubular Steel
  • Concrete
  • Lattice
  • Hybrid
  • Guyed Pole Towers
  • Others
Breakup by Application
  • Off-Shore
  • On-Shore
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ENERCON GmbH
  • CS Wind Corporation
  • Arcosa Wind Towers, Inc.
  • Vestas Wind Systems A/S
  • Shanghai Taisheng Wind Power Equipment Co. Ltd.
  • WINDAR Renovables
  • KGW SchwerinerMaschinen-und Anlagenbau GmbH
  • Other

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Wind Tower Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Wind Tower Historical Market (2018-2023)
    8.3    Global Wind Tower Market Forecast (2024-2032)
    8.4    Global Wind Tower Market by Type
        8.4.1    Tubular Steel
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Concrete
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Lattice
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Hybrid
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Guyed Pole Towers
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Wind Tower Market by Application
        8.5.1    Off-Shore
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    On-Shore
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Wind Tower Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Wind Tower Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Wind Tower Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Wind Tower Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Wind Tower Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Wind Tower Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    ENERCON GmbH
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    CS Wind Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Arcosa Wind Towers, Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Vestas Wind Systems A/S
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Shanghai Taisheng Wind Power Equipment Co. Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    WINDAR Renovables
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    KGW SchwerinerMaschinen-und Anlagenbau GmbH
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Other
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Wind Tower Market: Key Industry Highlights, 2018 and 2032
2.    Global Wind Tower Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Wind Tower Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Wind Tower Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Wind Tower Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Wind Tower Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Wind Tower Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Wind Tower Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Wind Tower Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Wind Tower Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Wind Tower Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Wind Tower Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Wind Tower Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Wind Tower Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Wind Tower Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Wind Tower Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Wind Tower Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Wind Tower Market Structure

Key Questions Answered in the Report

In 2023, the global market for wind towers attained a value of USD 27.90 billion.

The market for wind towers is projected to grow at a CAGR of 8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 55.96 billion by 2032.

The major drivers of the market include the rising need for power generation, increasing adoption of wind energy, growing population, and depletion of fossil fuels.

Surging adoption of green energy, favourable policies of various governments, increasing demand for the reduction of greenhouse gas emissions, and rising investments towards research and innovation are the key trends propelling the growth of the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The primary applications of wind towers in the market are off-shore and on-shore.

The major players in the wind tower market, according to the report, are ENERCON GmbH, CS Wind Corporation, Arcosa Wind Towers, Inc., Vestas Wind Systems A/S, Shanghai Taisheng Wind Power Equipment Co. Ltd., WINDAR Renovables, and KGW SchwerinerMaschinen-und Anlagenbau GmbH, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER