Please Wait.....
Report
Asia-Pacific Large Wind Turbine - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 110 Pages I Mordor Intelligence
The Asia-Pacific Large Wind Turbine Market is expected to register a CAGR of greater than 3.5% during the forecast period.
The market was negatively impacted by COVID-19. Presently, the market has reached pre-pandemic levels.
Over the medium period, government policies promoting the development of renewables and increasing investment in wind power projects are expected to drive the market studied during the forecast period.
On the other hand, the increasing adoption of other alternative clean power sources, such as natural gas and solar energy, is expected to hinder the market studied.
The declining cost of wind energy and supportive government policies for the future are expected to create good market opportunities in the future.
China is expected to dominate the Asia-Pacific large wind turbine market in the forecast period since the majority of wind projects are from this country.
APAC Large Wind Turbine Market Trends
Offshore Wind Turbine to Witness a Significant Growth
- Offshore wind energy is the clean, renewable energy generated by utilizing the wind's force on the open seas, where the lack of impediments causes the wind to travel at a higher and more steady speed than on land. Megastructures are put in place on the seabed and outfitted with the newest technological advancements to make the most of this resource.
- According to the International Renewable Energy Agency (IREA), by 2050, Asia will be a world leader in wind energy and will install more than 60% of the world's installed offshore wind capacity. By 2030, the Asian offshore industry is anticipated to have deployed up to 100 GW of offshore wind capacity, according to the Global Wind Energy Council.
- Moreover, in June 2022, the Indian government revealed the initial steps toward the development of offshore wind energy and provided a plan and timetable for the launch of auctions. India also declared its ambition to install 500 GW of non-fossil fuel energy generation capacity by 2030, with 30 GW of offshore wind power.
- In 2021, the total Asia-Pacific wind generation accounted for 779.2 terawatt-hours. With an annual growth rate of 35.9%, the wind generation capacity is expected to increase during the forecast period, creating opportunities for offshore wind turbine installation in the future.
- The cost of wind energy has decreased as a result of wind turbines getting bigger, proving that it can compete economically with fossil fuel alternatives. Therefore, these recent trends are expected to drive the market studied during the forecast period.
China is Expected to Dominate the Market
- To meet its domestic energy needs, China, the world's largest energy consumer and market for renewable energy, has been quickly increasing its renewable energy capacity. The government has concentrated on increasing its renewable energy capacity to meet its growing energy needs while reducing overall emissions because it has been dealing with air pollution mostly brought on by emissions from fossil fuel-fired power plants.
- China contributed 80% of the new offshore wind capacity installed globally in 2021, raising its total offshore wind capacity to 27.7 GW. This is an astonishing rate of growth, considering that it took Europe three decades to reach a comparable level of offshore wind power.
- In 2021, the total China wind generation accounted for 655.6 terawatt hours. With an annual growth rate of 40.9%, the wind generation capacity is expected to increase during the forecast period, creating opportunities for the large wind turbine market in the future.
- Furthermore, in June 2022, a strategic partnership agreement was inked between KenzFigee and CMIC Ocean En-Tech Holdings Co. to share the technology of key highly engineered and in-demand products, which are essential to the development of offshore renewable energy projects in China.
- Therefore, owing to the above points, China is expected to dominate the market during the forecast period.
APAC Large Wind Turbine Industry Overview
The Asia-Pacific large wind turbine market is moderately fragmented. The key players in the market (not in particular order) include Vestas Wind Systems AS, Siemens Gamesa Renewable Energy SA, General Electric Company, Nordex SE, and Suzlon Energy Limited.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2027
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitute Products and Services
4.7.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Location
5.1.1 Offshore
5.1.2 Onshore
5.2 Geography
5.2.1 India
5.2.2 China
5.2.3 Japan
5.2.4 Rest of Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers and Acquisitions
6.3 Company Profiles
6.3.1 Vestas Wind Systems AS
6.3.2 Siemens Gamesa Renewable Energy SA
6.3.3 General Electric Company
6.3.4 Nordex SE
6.3.5 Suzlon Energy Limited
6.3.6 TPI Composites Inc.
6.3.7 Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd
6.3.8 Enercon GmbH
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security