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Global Onshore Wind Market to Reach USD 321.14 Billion by 2035, Driven by Renewable Energy Targets and Turbine Innovation

GlobeNewswire
The global onshore wind market is forecast to grow from USD 132.47 billion in 2026 to USD 321.14 billion by 2035, registering a 10.3% CAGR. Growth is driven by renewable energy targets, decarbonization policies, energy security concerns and advances in high-capacity turbines, AI-based maintenance, digital twins and battery storage. The report analyzes components, turbine ratings and regions, highlighting electrical infrastructure, 2–3 MW turbines and Europe. It also profiles leading onshore wind companies, including Vestas, Siemens Energy, Goldwind, Mingyang Smart Energy and GE Vernova. The global onshore wind market is forecast to grow from USD 132.47 billion in 2026 to USD 321.14 billion by 2035, registering a 10.3% CAGR. Growth is driven by renewable energy targets, decarbonization policies, energy security concerns and advances in high-capacity turbines, AI-based maintenance, digital twins and battery storage. The report analyzes components, turbine ratings and regions, highlighting electrical infrastructure, 2–3 MW turbines and Europe. It also profiles leading onshore wind companies, including Vestas, Siemens Energy, Goldwind, Mingyang Smart Energy and GE Vernova.
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