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

Spain Wind Energy Market is Segmented by Location of Deployment (Onshore and Offshore).

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

Spain Wind Energy Market Size

Spain Wind Energy Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 8.00 %
Market Concentration Medium

Major Players

Spain Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Spain Wind Energy Market Analysis

The Spain Wind Energy Market is expected to register a CAGR of greater than 8% during the forecast period.

The onshore wind energy segment is expected to dominate the Spanish wind energy market, owing to the year-on-year increase in annual capacity installations, which is expected to drive the wind energy market significantly.

Spain aims to generate 22 GW of new wind energy capacity installations by 2030. This is likely to create ample opportunities for the Spanish wind energy market over the coming years.

Supportive government policies and regulations are expected to drive the Spanish wind energy market during the forecast period.

Spain Wind Energy Industry Overview

The Spanish wind energy market is moderately fragmented. The key players in the market include Acciona SA, Siemens Gamesa Renewable Energy SA, Vestas Wind Systems AS, General Electric Company, and Iberdrola SA, among others.

Spain Wind Energy Market Leaders

  1. Siemens Gamesa Renewable Energy, S.A.

  2. Vestas Wind Systems A/S

  3. General Electric Company

  4. Acciona SA

  5. Iberdrola SA

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

In March 2021, Siemens Gamesa signed one of its largest contracts in Spain in terms of capacity. It was a 150 MW agreement with Elawan Energy to supply 30 SG 5.0-145 model turbines.

In April 2021, Capital Energy announced a proposal for public consultation on the 22.5 MW Cunca wind power project. The company seeks to set up the wind farm in the northwestern Spanish region of Galicia and plans to invest some EUR 20 million (USD 23.8 million) to implement the project.

In October 2021, Greenalia SA announced plans to build a 12.6-MW wind farm in Galicia, Spain. The company will invest over EUR 8 million (USD 9.3 million) in the development of the Vaqueira wind project, designed to feature three 4.2-MW wind turbines with 112 meters hub height and 136 meters rotor diameter.

Spain Wind Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Wind Energy Installed Capacity and Forecast in MW, 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 PESTLE Analysis

5. MARKET SEGMENTATION - BY LOCATION OF DEPLOYMENT

  • 5.1 Onshore
  • 5.2 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 Acciona SA
    • 6.3.2 Siemens Gamesa Renewable Energy SA
    • 6.3.3 Vestas Wind Systems AS
    • 6.3.4 General Electric Company
    • 6.3.5 Iberdrola SA
    • 6.3.6 Greenalia SA
    • 6.3.7 Elecnor SA
    • 6.3.8 Capital Energy SLU
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Spain Wind Energy Industry Segmentation

The Spanish wind energy market report includes:

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Spain Wind Energy Market Research FAQs

What is the current Spain Wind Energy Market size?

The Spain Wind Energy Market is projected to register a CAGR of greater than 8% during the forecast period (2025-2030)

Who are the key players in Spain Wind Energy Market?

Siemens Gamesa Renewable Energy, S.A., Vestas Wind Systems A/S, General Electric Company, Acciona SA and Iberdrola SA are the major companies operating in the Spain Wind Energy Market.

What years does this Spain Wind Energy Market cover?

The report covers the Spain Wind Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Spain Wind Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wind Power in Spain Industry Report

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