Market overview
The global wind power market is worth USD 163 bn in 2026 and is forecast to reach USD 351 bn by 2036, growing at a 8.0% CAGR. China is the largest country market and Onshore, 3 MW and above is the largest by location segment.
| Scope | Revenue from electricity generated by onshore and offshore wind farms and sold to the grid or to corporate buyers. |
|---|---|
| Industry | Services and Utilities |
| Value 2025 | USD 150 bn |
| Value 2026 | USD 163 bn |
| Value 2036 | USD 351 bn |
| CAGR 2026-2036 | 8.0% |
| Volume 2026 | 2,944 TWh |
| Volume 2036 | 6,683 TWh |
| Average price 2026 | USD 55,280,000 per TWh |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Wind Power market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 163 bn |
| 2027 | USD 176 bn |
| 2028 | USD 190 bn |
| 2029 | USD 205 bn |
| 2030 | USD 221 bn |
| 2031 | USD 239 bn |
| 2032 | USD 258 bn |
| 2033 | USD 279 bn |
| 2034 | USD 301 bn |
| 2035 | USD 325 bn |
| 2036 | USD 351 bn |
Wind Power market segmentation
By location
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Onshore, below 3 MW turbines | 30.0% | 22.1% | USD 48.8 bn | 4.7% |
| Onshore, 3 MW and above | 58.0% | 54.0% | USD 94.4 bn | 7.2% |
| Offshore | 12.0% | 23.9% | USD 19.5 bn | 15.7% |
By ownership
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Utilities | 46.0% | 41.8% | USD 74.9 bn | 7.0% |
| Independent power producers | 44.0% | 48.2% | USD 71.6 bn | 9.0% |
| Corporate and community | 10.0% | 10.0% | USD 16.3 bn | 8.0% |
By offtake route
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Utility tenders and PPAs | 46.0% | 38.0% | USD 74.9 bn | 6.0% |
| Corporate PPAs | 20.0% | 26.0% | USD 32.5 bn | 10.9% |
| Merchant sales | 18.0% | 18.0% | USD 29.3 bn | 8.0% |
| Feed-in and regulated tariffs | 16.0% | 18.0% | USD 26.0 bn | 9.3% |
By plant scale
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Below 50 MW | 18.0% | 14.0% | USD 29.3 bn | 5.3% |
| 50 to 200 MW | 40.0% | 38.0% | USD 65.1 bn | 7.5% |
| Above 200 MW | 42.0% | 48.0% | USD 68.4 bn | 9.4% |
By grid connection
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Transmission-connected | 70.0% | 72.0% | USD 114 bn | 8.3% |
| Distribution-connected | 22.0% | 20.0% | USD 35.8 bn | 7.0% |
| Off-grid and hybrid | 8.0% | 8.0% | USD 13.0 bn | 8.0% |
Top 25 countries for wind power by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 85.5% of 2026 revenue and the 25 countries below together hold 96.2%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 65.1 bn | 40.0% | USD 149 bn | 8.6% |
| 2 | United States | USD 26.0 bn | 16.0% | USD 51.7 bn | 7.1% |
| 3 | Germany | USD 9.8 bn | 6.0% | USD 17.6 bn | 6.0% |
| 4 | India | USD 8.1 bn | 5.0% | USD 19.3 bn | 9.0% |
| 5 | Brazil | USD 6.5 bn | 4.0% | USD 14.1 bn | 8.0% |
| 6 | United Kingdom | USD 6.5 bn | 4.0% | USD 15.5 bn | 9.0% |
| 7 | Spain | USD 4.9 bn | 3.0% | USD 8.8 bn | 6.0% |
| 8 | France | USD 4.9 bn | 3.0% | USD 9.8 bn | 7.3% |
| 9 | Canada | USD 4.1 bn | 2.5% | USD 7.4 bn | 6.1% |
| 10 | Turkey | USD 3.3 bn | 2.0% | USD 7.0 bn | 8.0% |
| 11 | Italy | USD 3.0 bn | 1.9% | USD 6.6 bn | 8.1% |
| 12 | Sweden | USD 2.5 bn | 1.6% | USD 5.5 bn | 8.1% |
| 13 | Poland | USD 2.1 bn | 1.3% | USD 4.6 bn | 8.1% |
| 14 | Australia | USD 1.8 bn | 1.1% | USD 3.9 bn | 8.1% |
| 15 | Netherlands | USD 1.5 bn | 0.9% | USD 3.3 bn | 8.1% |
| 16 | Denmark | USD 1.3 bn | 0.8% | USD 2.7 bn | 8.1% |
| 17 | Japan | USD 1.1 bn | 0.7% | USD 2.3 bn | 8.2% |
| 18 | Mexico | USD 895 mn | 0.6% | USD 1.9 bn | 8.0% |
| 19 | South Africa | USD 749 mn | 0.5% | USD 1.6 bn | 8.0% |
| 20 | Argentina | USD 635 mn | 0.4% | USD 1.4 bn | 8.0% |
| 21 | Portugal | USD 521 mn | 0.3% | USD 1.2 bn | 8.3% |
| 22 | Vietnam | USD 439 mn | 0.3% | USD 1.2 bn | 10.5% |
| 23 | Egypt | USD 374 mn | 0.2% | USD 1.0 bn | 10.5% |
| 24 | Chile | USD 309 mn | 0.2% | USD 668 mn | 8.0% |
| 25 | Norway | USD 260 mn | 0.2% | USD 562 mn | 8.0% |
| Rest of world | USD 6.1 bn | 3.8% | USD 13.2 bn | 7.9% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Orsted
- NextEra Energy
- Iberdrola
- RWE
- China Longyuan Power
- Enel Green Power
- China Three Gorges
- Huaneng Renewables
Group 2: Regional and specialist players
- EDP Renovaveis
- Equinor
- Vattenfall
- Engie
- Avangrid
- Acciona Energia
- Statkraft
- Brookfield Renewable
- Ocean Winds
Group 3: Emerging and niche players
- Invenergy
- Pattern Energy
- Mainstream Renewable Power
- Boralex
- Northland Power
- Renantis
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the wind power market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.0% is calculated from the resulting values.
The market is divided by location, by ownership, by offtake route, by plant scale, by grid connection. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the wind power market?
The global wind power market is estimated at USD 150 bn in 2025 and USD 163 bn in 2026.
How fast will the wind power market grow?
It is forecast to reach USD 351 bn by 2036, a compound annual growth rate of 8.0% from 2026, an increase of USD 189 bn.
Which country is the largest market for wind power?
China is the largest market by revenue at USD 65.1 bn in 2026, 40.0% of the global total. The three largest countries together hold 62.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 9.0% a year from 2026 to 2036.
Which wind power segment is largest?
In the by location split, Onshore, 3 MW and above is the largest segment with 58.0% of 2026 revenue.
Who are the leading wind power companies?
Global leaders include Orsted, NextEra Energy, Iberdrola, RWE.
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