China, India Anchor APAC Manufacturing Push as Wind Installations Reach 115.3 GW: GlobalData

Global aggregate installations are expected to reach 934.6 GW in 2030, forecasts  GlobalData, a intelligence and productivity platform. This is leading the global wind‑energy market in its strongest growth phase to date, driven by accelerating energy‑security needs and long‑term industrial strategies. 

GlobalData’s latest report, “Wind Turbines Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Key Players and Forecast, 2024–2030,” reveals global annual wind‑turbine installations totalled 115.3GW in 2024. Onshore wind accounted for 91.8% of installations, with offshore wind representing the remaining 8.2%.

The global wind turbine market is on the brink of a new era of growth, fuelled by increasing clean energy commitments, rapid technological advancements, and resilient manufacturing ecosystems.

Europe, the Middle East, and Africa (EMEA)

The report found, Europe, the Middle East, and Africa (EMEA) represent the second-largest market. Europe serves as the regional anchor, bolstered by binding climate mandates under the EU Green Deal, the revised Renewable Energy Directive III, and a strong offshore wind trajectory led by countries in the North Sea.

Middle East and North Africa 

On the other hand, Middle East and North Africa are advancing utility-scale renewable energy projects through government-backed procurements and decarbonization initiatives, while certain areas of Sub-Saharan Africa are gradually unlocking wind projects with the help of international financing and regional power pool initiatives.

Emerging as the third-largest market US leading the way, with Inflation Reduction Act (IRA) stimulating clean energy manufacturing, repowering activities, and the development of an emerging offshore wind supply chain.

Bhavana Sri Pullagura, Senior Power Analyst at GlobalData, comments: “The Asia-Pacific (APAC) region leads the global wind turbine market, accounting for the largest share of annual installations and possessing the most advanced manufacturing capabilities for turbines, components, and offshore technologies. APAC’s dominance is primarily driven by China’s extensive onshore and offshore development, India’s rapidly growing domestic manufacturing and auction-driven expansion, and the emerging offshore projects in Japan and Australia.”

Pullagura adds: “Market share leadership is increasingly concentrated among China’s major original equipment manufacturers (OEMs), supported by cost-efficient manufacturing and unmatched domestic deployment volumes. Meanwhile, European and US manufacturers remain competitive through advanced offshore technology, digital optimization, and robust service portfolios. The current trends such as turbine upscaling, hybrid project integration, and supply chain localization are transforming how and where turbines are produced and deployed.”

Pullagura concludes: “With Chinese OEMs leading global capacity additions and Western manufacturers driving innovation in offshore and digital turbine platforms, the industry is entering its most competitive and transformative phase to date. As nations ramp up wind deployment to meet climate targets and ensure long-term energy independence, the global wind turbine market is expected to grow significantly, reinforcing wind power’s role as a cornerstone of the world’s renewable energy future.”