Asia Pacific Wind Turbine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers APAC Top Wind Turbine Manufacturers and the market is Segmented by Location (Onshore and Offshore) and Geography (China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific). The installed capacity and forecasts for Asia-Pacific Wind Power Market are provided in gigawatts (GW) for all the above segments.

Asia Pacific Wind Turbine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia-Pacific Wind Power Market Size

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Asia-Pacific Wind Power Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 10.45 %
Market Concentration Low

Major Players

Asia-Pacific Wind Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Asia-Pacific Wind Power Market Analysis

The Asia-Pacific Wind Power Market is expected to register a CAGR of less than 10.45% during the forecast period.

The market didn't have any significant impact due to COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.

  • Over the long term, major factors attributing to the growth include favorable government policies, the increasing investment in wind power projects, and the reduced cost of wind energy, which led to increased adoption of wind energy, thereby positively contributing to the demand for wind energy.
  • On the other note, the increasing adoption of alternate energy sources, such as gas-based power and solar power, is likely to hinder market growth.
  • The technological advancements in efficiency and decrease in the production cost of offshore wind turbines are expected to create ample opportunity for the market players in Asia-Pacific.
  • China dominates the wind power market and remains the largest onshore market with 21.2 GW of new capacity additions. The government policy and incentives made China a favorable hotspot for investment; therefore, the wind power market is expected to flourish in the coming years.

Asia-Pacific Wind Power Industry Overview

The Asia-Pacific Wind Power Market is moderately fragmented. Some of the key players (not in particular order) include Acciona Energia SA, Orsted AS, EDF SA, General Electric Company, and Siemens Gamesa Renewable Energy.

Asia-Pacific Wind Power Market Leaders

  1. Acciona Energia SA

  2. Orsted AS

  3. EDF SA

  4. General Electric Company

  5. Siemens Gamesa Renewable Energy

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Wind Power Market Concentration
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Asia-Pacific Wind Power Market News

  •  April 2022: Hitachi Energy installed a unique transformer in China's first floating wind turbine, the Sanxia Yinling Hao wind turbine. This 5.5-megawatt wind turbine, installed off the coast of Guangdong Province, was installed in December 2021 at Yangjiang wind farm. Hitachi Energy specifically designs this transformer for floating wind turbines. It can handle high vibrations = and can avoid oil spills due to dry operation.
  •  February 2022: Tata Power and German electricity generating company RWE agreed on a partnership to explore the potential for joint development of offshore wind power plants in India.

Asia-Pacific Wind Power Market Report - Table of Contents

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 Installed Capacity and Forecast in GW, until 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 Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Location
    • 5.1.1 Onshore
    • 5.1.2 Offshore
  • 5.2 Geography
    • 5.2.1 China
    • 5.2.2 India
    • 5.2.3 Japan
    • 5.2.4 South Korea
    • 5.2.5 Australia
    • 5.2.6 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Wind Farm Operators
    • 6.3.1.1 Acciona Energia SA
    • 6.3.1.2 Orsted AS
    • 6.3.1.3 EDF SA
    • 6.3.2 Equipment Suppliers
    • 6.3.2.1 Envision Energy
    • 6.3.2.2 General Electric Company
    • 6.3.2.3 Siemens Gamesa Renewable Energy
    • 6.3.2.4 Suzlon Energy Limited
    • 6.3.2.5 Xinjiang Goldwind Science & Technology Co. Ltd (Goldwind)
    • 6.3.2.6 Vestas Wind Systems AS
    • 6.3.2.7 China Longyuan Power Group Corporation Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Asia-Pacific Wind Power Industry Segmentation

Wind power is usually generated using a wind turbine. Wind turbines are mechanical systems that convert kinetic energy into electrical energy. 

Asia-Pacific Wind Power Market is segmented by onshore and offshore. The report also covers the market size and forecasts for the Asia-Pacific Wind Power Market across the major countries. For each segment, the market size and forecasts have been done based on installed capacity in gigawatts (GW).

Location Onshore
Offshore
Geography China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
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Asia-Pacific Wind Power Market Research FAQs

What is the current Asia-Pacific Wind Power Market size?

The Asia-Pacific Wind Power Market is projected to register a CAGR of less than 10.45% during the forecast period (2025-2030)

Who are the key players in Asia-Pacific Wind Power Market?

Acciona Energia SA, Orsted AS, EDF SA, General Electric Company and Siemens Gamesa Renewable Energy are the major companies operating in the Asia-Pacific Wind Power Market.

What years does this Asia-Pacific Wind Power Market cover?

The report covers the Asia-Pacific Wind Power Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Wind Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia Pacific Wind Turbine Industry Report

Statistics for the 2025 Asia-Pacific Wind Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Wind Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.