Cogimpa ergo sumpa!

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https://localbizinfo.net/blogs..../73508/Find-Independ

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The U.S. wind turbine market, valued at USD 24.53 billion in 2024, is poised for transformative expansion with a projected compound annual growth rate of 15.2% from 2025 to 2034, driven by federal policy tailwinds, technological maturation, and the urgent need to decarbonize the nation’s electricity supply. This growth trajectory places the United States on a path to nearly double its installed wind capacity by 2030, with the Department of Energy’s Wind Vision Report projecting wind could supply 20% of national electricity by that year. However, the market’s evolution is not isolated; it is deeply influenced by regional dynamics across North America, Europe, and Asia Pacific, where divergent regulatory frameworks, supply chain configurations, and industrial strategies shape global competitiveness. In North America, the U.S. dominates wind deployment, with Texas, Iowa, and Oklahoma leading in onshore capacity due to vast land availability, strong wind resources, and supportive transmission infrastructure. The Inflation Reduction Act (IRA) of 2022 has fundamentally altered the investment landscape by extending the Production Tax Credit (PTC) at 2.6 cents/kWh through 2032 and introducing bonus credits for domestic content, prevailing wages, and energy communities, creating a powerful incentive for manufacturers to localize production.
Europe, while more mature in offshore wind, continues to influence U.S. market dynamics through technology transfer and cross-border supply chains. European OEMs such as Vestas and Siemens Gamesa maintain significant U.S. manufacturing footprints, with blade and nacelle facilities in Colorado, Kansas, and Florida, respectively. However, the IRA’s domestic content requirements—offering an additional 10% PTC bonus for turbines using U.S.-sourced steel and iron—have prompted a strategic reevaluation of sourcing models. These firms are now accelerating localization efforts, partnering with U.S. steel producers and component suppliers to meet thresholds and avoid competitive disadvantage. Meanwhile, Asia Pacific’s dominance in rare earth element processing and permanent magnet production creates a critical dependency for U.S. manufacturers relying on direct-drive turbine designs. China controls over 85% of global rare earth refining capacity, creating a geopolitical vulnerability that the Biden administration is addressing through the Defense Production Act and funding for domestic magnet recycling via the Department of Energy’s REACT program.
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Regional manufacturing trends in the U.S. are shifting toward integrated, regionalized production clusters. The Gulf Coast and Great Plains are emerging as hubs for tower and blade manufacturing due to proximity to wind-rich regions and logistical advantages. Companies like TPI Composites and Broadwind Energy have expanded facilities in Arkansas and Wisconsin to serve central U.S. markets, reducing transportation costs and improving delivery timelines. Market penetration strategies are increasingly focused on community engagement and workforce development, particularly in rural counties where wind projects provide tax revenue and employment. In contrast, offshore wind development is concentrated in the Northeast, where states like Massachusetts, New York, and New Jersey have committed to over 35 GW of offshore capacity by 2040. Projects such as Vineyard Wind 1 and South Fork Wind are catalyzing port upgrades in New Bedford and Providence, establishing new industrial corridors for turbine assembly and vessel operations.
The competitive landscape is defined by technological scale and domestic integration.

U.S. Wind Turbine Market Share & Growth Report 2034

The U.S. Wind Turbine Market size was valued at USD 24.53 billion in 2024 and is projected to grow at a CAGR of 15.2% from 2025 to 2034.

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The Asia Pacific wind turbine market, valued at USD 47.87 billion in 2024, is projected to grow at a compound annual growth rate of 5.4% from 2025 to 2034, driven by accelerating decarbonization mandates, rising energy demand, and technological advancements in turbine efficiency. This region has emerged as the global epicenter of wind power deployment, accounting for over 60% of global installations in 2024, with China and India serving as primary growth engines. The market’s expansion is not uniform, however, as geopolitical dynamics, regulatory frameworks, and regional manufacturing trends shape distinct investment climates and deployment timelines. China remains the undisputed leader, contributing nearly 50% of the regional market value, supported by aggressive national targets under its 14th Five-Year Plan, which mandates 1,200 GW of combined wind and solar capacity by 2030. State Grid Corporation of China’s continued investment in ultra-high-voltage (UHV) transmission corridors enables the evacuation of power from remote onshore wind farms in Xinjiang and Gansu to coastal load centers, mitigating curtailment and improving project economics. The country’s vertically integrated supply chain—encompassing domestic production of blades, generators, and towers—has driven down levelized costs of electricity (LCOE) to below USD 0.04/kWh, making wind the most cost-competitive new-build power source.
India follows as the second-largest market, with the Ministry of New and Renewable Energy (MNRE) targeting 60 GW of wind capacity by 2030, up from 44 GW in 2024. Recent policy reforms, including the Production-Linked Incentive (PLI) scheme for domestic manufacturing of high-efficiency wind turbines, are reshaping market penetration strategies by incentivizing localization. The government’s “Make in India” initiative has spurred joint ventures between global OEMs and Indian engineering firms, such as Siemens Gamesa’s partnership with L&T for nacelle assembly in Tamil Nadu. However, delays in land acquisition, grid interconnection bottlenecks, and state-level payment defaults by distribution companies (DISCOMs) remain persistent restraints. In contrast, Southeast Asia is witnessing exponential growth, particularly in Vietnam, the Philippines, and Taiwan, where favorable feed-in tariffs and auction mechanisms have attracted significant foreign direct investment. Vietnam installed over 4 GW of wind capacity in 2023 alone, driven by a deadline-based incentive structure, though grid congestion in the south has since led to curtailment rates exceeding 20%. Taiwan’s offshore wind ambitions—targeting 5.7 GW by 2026—are supported by localized content requirements that mandate 45% domestic manufacturing, fostering regional manufacturing trends in tower and foundation production.
Read More @ https://www.polarismarketresea....rch.com/industry-ana
Cross-border supply chains in the wind sector are increasingly under strain due to geopolitical tensions, particularly between China and Western nations. The U.S. Inflation Reduction Act (IRA) and EU’s Green Deal Industrial Plan have introduced trade barriers and local content preferences, prompting Asian manufacturers to diversify export markets and establish overseas production facilities. For example, Goldwind has expanded into Latin America and Eastern Europe to mitigate overreliance on domestic demand, while Envision Energy is building blade factories in Vietnam to serve European clients seeking to circumvent potential carbon border adjustments. Japan and South Korea, though smaller in scale, are investing in floating offshore wind technology to exploit deep-water resources, with Japan’s METI allocating JPY 2 trillion for demonstration projects by 2030. These efforts are supported by public-private R&D consortia focused on next-generation turbine designs and mooring systems.
A key restraint across the region is grid integration. Despite transmission upgrades, curtailment remains a challenge, particularly in resource-rich but infrastructure-poor provinces. Additionally, skilled labor shortages in operations and maintenance hinder optimal turbine performance. Environmental and community opposition, especially in ecologically sensitive offshore zones, is also slowing project approvals in countries like the Philippines and Indonesia.
The competitive landscape is dominated by a mix of state-backed champions and global technology leaders, each leveraging scale, cost efficiency, and technical innovation.