In 2020, the global wind turbine market size stood at roughly 98.6 billion U.S. dollars. It is forecast that the wind turbine market value will grow with a compound annual growth rate (CAGR) of 5.6 percent from 2021 to 2027, reaching over 144 million U.S. dollars by the latter year.
Wind turbine market value worldwide in 2020, with a forecast for 2027
(in billion U.S. dollars)
Characteristic
Market size in billion U.S. dollars
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Research and Markets. (August 30, 2022). Wind turbine market value worldwide in 2020, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/
Research and Markets. "Wind turbine market value worldwide in 2020, with a forecast for 2027 (in billion U.S. dollars)." Chart. August 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/
Research and Markets. (2022). Wind turbine market value worldwide in 2020, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/
Research and Markets. "Wind Turbine Market Value Worldwide in 2020, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/
Research and Markets, Wind turbine market value worldwide in 2020, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/ (last visited July 22, 2024)
Wind turbine market value worldwide in 2020, with a forecast for 2027 (in billion U.S. dollars) [Graph], Research and Markets, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/663483/projection-of-global-wind-turbine-market-growth/