Wind Energy Market in Belgium Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Electricity Companies in Belgium and the market is Segmented by Location of Deployment (Onshore and Offshore). The market size and forecasts are provided in installed capacity (MW) for the above segments.

Wind Energy Market in Belgium Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Belgium Wind Energy Market Size

Belgium Wind Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 15.20 %
Market Concentration Low

Major Players

Belgium Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Belgium Wind Energy Market Analysis

The Belgium Wind Energy Market is expected to register a CAGR of greater than 15.2% during the forecast period.

The COVID-19 pandemic affected the market severely in 2020. The market has now reached pre-pandemic levels.

  • Over the long term, the Belgian wind energy market is anticipated to witness significant growth due to the rising energy demand coupled with the increasing share of renewable in the power generation mix, efforts to reduce the reliance on fossil fuel-based power generation, regulations on energy efficiency, and utilization of energy.
  • On the other hand, the rising adoption of alternate clean power sources, such as solar energy, is likely to restrain the growth of the wind energy market in the coming years.
  • Moreover, integrating artificial intelligence, the internet of things, robotics, and data analytics in wind energy will enable advanced condition monitoring and predictive maintenance. This results in improved efficiency and reduced operational and maintenance costs, which will likely provide the opportunity for growth in wind energy deployment in the coming future.

Belgium Wind Energy Industry Overview

The Belgian wind energy market is moderately fragmented. Some of the key players in this market (in no particular order) include PoweratSea, Siemens Gamesa Renewable Energy SA, Parkwind NV, Renewable Energy Base Oostende, and Senvion SA.

Belgium Wind Energy Market Leaders

  1. PoweratSea

  2. Siemens Gamesa Renewable Energy SA

  3. Parkwind NV

  4. Renewable Energy Base Oostende

  5. Senvion SA

  6. *Disclaimer: Major Players sorted in no particular order
Belgium Wind Energy Market Concentration
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Belgium Wind Energy Market News

  • November 2022: Aspiravi, one of the largest wind farm operators in Belgium, roped in Nordex to supply wind turbines for four wind farms totaling a capacity of 43.2 MW. This order also included a premium service contract of 20 years to service the wind turbines. The activities on installations are scheduled to be commenced in 2023.
  • May 2022: Belgium signed an offshore wind contract for USD 142.45 Billion. The cooperation agreement is signed between North Sea countries Germany, Denmark, the Netherlands, and Belgium. It aims for a tenfold increase in offshore wind power capacity in the region by 2030.

Belgium Wind Energy 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 MW, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Key Projects Information
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Drivers
    • 4.6.2 Restraints
  • 4.7 Supply Chain Analysis
  • 4.8 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 By Location of Deployment
    • 5.1.1 Onshore
    • 5.1.2 Offshore

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 PoweratSea
    • 6.3.2 Siemens Gamesa Renewable Energy SA
    • 6.3.3 Parkwind NV
    • 6.3.4 Renewable Energy Base Oostende
    • 6.3.5 Senvion SA
    • 6.3.6 Electrabel
    • 6.3.7 Storm
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Belgium Wind Energy Industry Segmentation

The wind energy market refers to using wind energy resources for electricity generation. Wind energy is harnessed by wind turbines that channel the power of the wind to produce electricity. A wind turbine consists of three blades: a rotor and a generator. The electricity generated by a wind turbine is fed into the grid for its consumption by an end-user.

The Belgian wind energy market is segmented by location of deployment, consisting of onshore and offshore deployment. The report also covers market size and forecasts for the upstream market across major regions. For each segment, the market sizing and forecasts have been done based on installed capacity (in MW).

By Location of Deployment Onshore
Offshore
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Belgium Wind Energy Market Research FAQs

What is the current Belgium Wind Energy Market size?

The Belgium Wind Energy Market is projected to register a CAGR of greater than 15.2% during the forecast period (2025-2030)

Who are the key players in Belgium Wind Energy Market?

PoweratSea, Siemens Gamesa Renewable Energy SA, Parkwind NV, Renewable Energy Base Oostende and Senvion SA are the major companies operating in the Belgium Wind Energy Market.

What years does this Belgium Wind Energy Market cover?

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

Belgium Wind Power Industry Report

Statistics for the 2025 Belgium Wind Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Belgium Wind Energy 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.