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

The Report Covers Onshore Wind Farms in Sweden and the market is segmented by Location of Deployment (Onshore and Offshore). The market size and forecasts are provided in terms of installed capacity (GW) for all the above segments.

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

Sweden Wind Energy Market Size

Sweden Wind Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 6.00 %

Major Players

Sweden Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Sweden Wind Energy Market Analysis

The Sweden Wind Energy Market is expected to register a CAGR of greater than 6% during the forecast period.

COVID-19 negatively impacted the market in 2020. Presently the market has now reached pre-pandemic levels.

  • Over the medium term, increasing wind energy installed capacity and upcoming projects in the country will likely drive the Sweden wind energy market during the forecast period.
  • On the other hand, wind turbines' maintenance or replacement cost is expected to restrain the Swedish wind energy market.
  • Nevertheless, Sweden targets to achieve 100% renewable energy consumption by 2040 and 0% emissions of greenhouse gases by 2045. These targets will likely create an excellent opportunity for Sweden's wind energy market in the future.

Sweden Wind Energy Industry Overview

The Swedish wind energy market is moderately consolidated. Some key players (in no particular order) in this market include Vattenfall AB, General Electric Company, Vestas Wind Systems A/S, E.ON SE ADR, and Axpo Holding AG.

Sweden Wind Energy Market Leaders

  1. Vattenfall AB

  2. Vestas Wind Systems A/S

  3. E.ON SE ADR

  4. Axpo Holding AG

  5. General Electric Company

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

  • In October 2022, Bjornberget, an onshore wind farm operated by Enlight Renewable Energy, completed all regulatory requirements necessary for commercialization. Project Bjornberget is among Europe's largest wind farms, with a capacity of 372MW, making it Enlight Renewable Energy's largest operational project to date. The first turbine has begun commercial operation, and Enlight anticipates the entire wind farm will be commercialized during the first quarter of 2023.
  • In August 2022, the Ingka Group, owner of most IKEA stores worldwide, agreed to purchase a 49% stake in three wind development projects offshore Sweden from the renewable energy company OX2 for USD 57.5 million.

Sweden 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 Sweden Wind Energy Installed Capacity Forecast, in Gigawatts (GW), 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 SEGEMENTATION

  • 5.1 Location of Deployment
    • 5.1.1 Onshore
    • 5.1.2 Offshore

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaborations, and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Key Companies Profile
    • 6.3.1 Vattenfall AB
    • 6.3.2 Vestas Wind Systems A/S
    • 6.3.3 E.ON SE ADR
    • 6.3.4 Nordex SE
    • 6.3.5 Green Investment Group (Macquarie Group)
    • 6.3.6 Axpo Holding AG
    • 6.3.7 RES Group
    • 6.3.8 Siemens Gamesa Renewable Energy SA
    • 6.3.9 General Electric Company

7. MARKET OPPORTUNITIES and FUTURE TRENDS

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Sweden Wind Energy Industry Segmentation

The wind produces electricity by converting the kinetic energy of air in motion into electricity. By rotating the rotor blades, wind transforms kinetic energy into rotational energy. The rotational energy is transferred to the generator through a shaft, generating electrical power.

Sweden's wind energy market is segmented by location of deployment, and the market is segmented into onshore and offshore. For each segment, the market sizing and forecasts have been done based on installed capacity (GW).

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Sweden Wind Energy Market Research FAQs

What is the current Sweden Wind Energy Market size?

The Sweden Wind Energy Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030)

Who are the key players in Sweden Wind Energy Market?

Vattenfall AB, Vestas Wind Systems A/S, E.ON SE ADR, Axpo Holding AG and General Electric Company are the major companies operating in the Sweden Wind Energy Market.

What years does this Sweden Wind Energy Market cover?

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

Wind Energy in Sweden Industry Report

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