Wind Energy Market Size Worth USD 1,36,544 Million by 2028 at 8.1% CAGR | The Insight Partners

Contributing sentiments towards policy:

74% : The growth is primarily attributed to favorable government policies, increasing investment in wind energy projects, and the reduced cost of wind energy, which led to increased adoption of wind energy.
68% : Thus, such growth prospects in wind energy are anticipated to boost the market growth over the forecast period.
67% : In 2021, a surge in pipeline projects for installing wind energy projects had been witnessed in the US owing to a rising investment in renewable enrgies.
66% : These countries are significantly contributing to the growth of producing wind energy, which is boosting the market growth.
65% : South Africa, Egypt, Morocco, and Kenya are a few of the prominent countries dominating the demand for wind energy.
64% : Further, significant investment initiatives in wind energy farms were driving the market growth.
61% : Wind Energy Market Report Scope & Strategic Insights:Wind Energy Market: Competitive Landscape and Key DevelopmentsBYD Company Ltd; ENERSYS; SolarEdge Technologies Inc; sonnenGroup; and SAMSUNG SDI CO., LTD are a few of the key players profiled in this wind energy market report.
61% : Wind Energy Market: COVID-19
60% : Buy Premium Copy of Wind Energy Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00027594/Wind Energy Market: Capacity Overview
59% : This energy consumption is expected to change in 2050, as the shares of wind and solar energy will both double to account for a combined 50% of the region's power capacity mix by 2050.
58% : Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00027594/In November 2021, Siemens Gamesa Renewable Energy signed an agreement with Renewable Energy Systems (RES) in Canada to supply the 100-MW Hilda wind project in Alberta.
58% : The key factors responsible for the growth of the market are supportive government policies, growing initiatives to cater to the rising power demand using clean energy sources, and reducing dependency on fossil fuels are expected to fuel the market growth over the coming years.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.