GlobalData’s report on the wind turbines market projects an expected growth phase with installations reaching 934.6GW by 2030. The Asia-Pacific region dominates the market, led by China, India, Japan, and Australia. Europe, the Middle East, Africa, and the Americas follow, each with unique factors influencing their market share. Key trends include turbine upscaling, hybrid projects, and supply chain localization. Chinese OEMs lead in capacity additions, while Western manufacturers drive innovation in offshore and digital platforms. The global wind turbine market is set for significant growth, playing a crucial role in the world’s renewable energy future.

Read more at Yahoo Finance: Wind turbines market to reach 934.6GW by 2030, forecasts GlobalData