New Analysis from Global Industry Analysts Reveals Steady Growth for Wind Power, with the Market to Reach 68.3 Thousand Megawatts Worldwide by 2026

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Sep 09, 2021, 10:10 ET

SAN FRANCISCO, Sept. 9, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Wind Power - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 17; Released: April 2021
Executive Pool: 22303
Companies: 121 - Players covered include ABB Limited; Acciona Energia SA; China Longyuan Power Group Corporation Limited; DeWind Inc.; Dongfang Electric Corporation Limited; Enel Green Power S.p.A.; ENERCON GmbH; Envision Energy Limited; Eurus Energy Holdings Corporation; GE Renewable Energy; Guodian United Power Technology Company Limited; MHI Vestas Offshore Wind A/S; Ming Yang Smart Energy Group Ltd.; NextEra Energy Resources, LLC; Nordex SE; Senvion S.A.; Siemens Gamesa Renewable Energy, S.A.; Suzlon Energy Limited; Vestas Wind Systems A/S; Xinjiang GoldWind Science & Technology Co., Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Wind Power)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Wind Power Market to Reach 68.3 Thousand Megawatts by 2026
Amid the COVID-19 crisis, the global market for Wind Power estimated at 58.3 Thousand Megawatts in the year 2020, is projected to reach a revised size of 68.3 Thousand Megawatts by 2026, growing at a CAGR of 2.6% over the analysis period.

The U.S. Market is Estimated at 16.1 Thousand Megawatts in 2021, While China is Forecast to Reach 13.4 Thousand Megawatts by 2026
The Wind Power market in the U.S. is estimated at 16.1 Thousand Megawatts in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 13.4 Thousand Megawatts by the year 2026 trailing a CAGR of 4.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.