Wind Power Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Wind Energy Market in Mexico Report is Segmented by Location of Deployment (Onshore and Offshore). The Report Offers the Market Size and Forecasts in Installed Capacity (GW) for all the Above Segments.

Wind Power Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Mexico Wind Energy Market Size

Mexico Wind Energy Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 7.62 gigawatt
Market Volume (2030) 8.23 gigawatt
CAGR 1.55 %
Market Concentration Low

Major Players

Mexico Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Mexico Wind Energy Market with other markets in Energy & Power Industry

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Mexico Wind Energy Market Analysis

The Mexico Wind Energy Market size in terms of installed base is expected to grow from 7.62 gigawatt in 2025 to 8.23 gigawatt by 2030, at a CAGR of 1.55% during the forecast period (2025-2030).

  • Factors such as the declining costs of wind technologies and additional subsidies on wind energy systems, demand for cleaner energy, and supportive government policies are expected to drive the wind energy market.
  • On the other hand, in the absence of new initiatives, an underdeveloped power grid in Mexico is expected to hinder the growth of the wind energy market in the coming years.
  • Mexico is focusing on onshore wind power, which may dominate the market due to high investment and better wind current, providing economic viability for large projects. This, in turn, is expected to provide better opportunities for the Mexican wind energy market in the future.

Mexico Wind Energy Industry Overview

The Mexican wind energy market is moderately fragmented. The major companies include (in no particular order) Siemens Gamesa Renewable Energy SA, General Electric Company, Vestas Wind Systems, Acciona SA, EDF Renewables Inc., and Enel SpA.

Mexico Wind Energy Market Leaders

  1. Siemens Gamesa Renewable Energy SA

  2. General Electric Company

  3. Vestas Wind Systems

  4. Acciona SA

  5. EDF Renewables Inc.

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

  • January 2024: The Mexican government announced the expansion of the 30 MW San Pedro wind farm, which is expected to increase its power-generating capacity to 100 MW. The park is contributing 30 MW to the Querétaro network.
  • February 2023: The Mexican president expressed that he expects to get interest-free loans from the US government and US banks to build four wind-powered farms in the narrow waist of Southern Mexico.

Mexico 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 Mexico Wind Power Installed Capacity and Forecast in GW, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Demand for Cleaner Energy
    • 4.5.1.2 Supportive Government Policies
    • 4.5.2 Restraints
    • 4.5.2.1 Underdeveloped Power Grid
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 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 Siemens Gamesa Renewable Energy SA
    • 6.3.2 General Electric Company
    • 6.3.3 Xinjiang Goldwind Science & Technology Co. Ltd
    • 6.3.4 Vestas Wind Systems
    • 6.3.5 Acciona SA
    • 6.3.6 EDF Renewables Inc.
    • 6.3.7 DNV GL AS
    • 6.3.8 Suzlon Energy Ltd
    • 6.3.9 Enel SpA
    • 6.3.10 Senvion SA
  • *List Not Exhaustive
  • 6.4 Market Share Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Technological Advancement in Onshore Wind Power
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Mexico Wind Energy Industry Segmentation

Wind power or wind energy describes the process by which wind is used to generate mechanical power or electricity. Wind turbines convert the kinetic energy of wind into mechanical power.

The Mexican wind energy market is segmented by location of deployment into onshore and offshore. The report offers the market size and forecast on the basis of installed capacity (GW).

Location of Deployment Onshore
Offshore
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Mexico Wind Energy Market Research FAQs

How big is the Mexico Wind Energy Market?

The Mexico Wind Energy Market size is expected to reach 7.62 gigawatt in 2025 and grow at a CAGR of 1.55% to reach 8.23 gigawatt by 2030.

What is the current Mexico Wind Energy Market size?

In 2025, the Mexico Wind Energy Market size is expected to reach 7.62 gigawatt.

Who are the key players in Mexico Wind Energy Market?

Siemens Gamesa Renewable Energy SA, General Electric Company, Vestas Wind Systems, Acciona SA and EDF Renewables Inc. are the major companies operating in the Mexico Wind Energy Market.

What years does this Mexico Wind Energy Market cover, and what was the market size in 2024?

In 2024, the Mexico Wind Energy Market size was estimated at 7.50 gigawatt. The report covers the Mexico Wind Energy Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Wind Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Mexico Wind Energy Industry Report

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