풍력 터빈 발전기 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the wind turbine generator market size is expected to grow from USD 21.21 billion in 2025 to USD 23.45 billion in 2026 and is forecast to reach USD 36.16 billion by 2031 at 9.05% CAGR over 2026-2031.

This report is Segmented by Generator Type (PMSG, DFIG, Conventional Synchronous, and More), Capacity Rating (Below 2 MW, 2-5 MW, and More), Application (Onshore, and More), End-User (Utilities & IPPs, Industrial Captive, Commercial & Micro-Grids), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Wind Turbine Generator Market Trends and Insights

Rapid Cost Reductions in PMSG Technology

PMSG system prices fell 22% between 2024 and early 2026 as Chinese and European manufacturers optimized magnet circuits and scaled automated winding lines. Secondary rare-earth supply from recycled hard-disk drives added 4,200 tonnes of neodymium in 2025, softening spot prices that had spiked to USD 160 per kilogram a year earlier . Goldwind and Ming Yang leveraged captive magnet plants to offer PMSG nacelles at USD 210,000 per megawatt, undercutting European quotes by 15% and winning 68% of Asia-Pacific orders in 2025. Modular stators on Siemens Gamesa's 5. X platform trimmed assembly labor 30%, making direct-drive viable in markets that lack heavy-lift cranes . Longer offshore service intervals now exceeding 18 months favor gearless PMSG machines that avoid costly jack-up interventions.

Offshore Wind Targets Boosting Direct-Drive Demand

The European Union installed 22.5 GW offshore in 2025, with 78% using direct-drive PMSGs rated above 12 MW to meet two-year maintenance windows . China field-tested 17 MW and 20 MW prototypes that retired gearbox failure modes responsible for one-third of offshore downtime. Vestas booked 4.2 GW of V236-15 MW orders that achieved 94% capacity factors in North Sea pilots, eight points above comparable DFIG fleets. Hywind Tampen capped nacelle mass at 120 tonnes, a threshold met by compact PMSG units with segmented ironless rotors. New IEC 61400-3-2 floating rules reinforce preference for direct-drive models with fewer rotating parts and lower torsional resonance risk.

Rare-Earth Supply Volatility Inflating PMSG Costs

Neodymium prices climbed to USD 160 per kilogram in early 2025 after export curbs on Chinese magnet alloys, boosting PMSG bills of material by USD 80,000 per megawatt. Europe and North America rely on imports for more than 90% of rare-earth needs, exposing projects to currency swings and political risk. Recycling added a temporary buffer, yet the secondary supply covered only 12% of global magnet demand last year. Lighter High-Temperature Superconducting generators avoid magnets but remain cost-intensive due to cryogenic systems. Until diversified mines in Australia, Canada, and Tanzania are fully commissioned after 2028, PMSG price uncertainty will pressure tender budgets.

Other drivers and restraints analyzed in the detailed report include:

1. Grid-Code Revisions Requiring Variable-Speed Operation
2. Corporate PPAs Driving Utility-Scale Rollouts
3. Transmission Interconnection Delays

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

The wind turbine generator market size for High-Temperature Superconducting (HTS) units is small today, yet it will expand at a 15.6% CAGR through 2031 as floating developers chase nacelle mass below 8 tonnes per megawatt. DFIG systems retained 54.9% market share in 2025 thanks to lower capital cost and extensive service networks. The adoption of Permanent Magnet Synchronous Generators (PMSG) is growing rapidly, especially in offshore turbines with capacities exceeding 12 MW. The removal of the gearbox in these turbines reduces maintenance needs and extends service intervals. Conventional synchronous units satisfy niche grid-forming roles, and switched-reluctance concepts remain pre-commercial.

HTS prototypes like the 3.6 MW EcoSwing generator achieved an 11-tonne-per-megawatt ratio and removed rare-earth magnets, cutting material exposure by USD 65,000 per machine. DFIG upgrades are now needed to meet stricter low-voltage ride-through codes, eroding their cost edge. PMSG direct-drive units dominate the 5-10 MW bracket, where segmented stators allow road-legal transport and on-site assembly. Conventional synchronous machines still equip micro-grids that need black-start capability, but batteries are narrowing that advantage. Switched-reluctance noise issues above 80 decibels limit deployment near communities, delaying broader uptake.

The 2 to 5 MW class represented 64.5% of 2025 installations and continues to align with 800-tonne mobile crane limits on most onshore sites. The 5 to 10 MW segment will grow at 12.0% CAGR after 2026 as repowering programs favor fewer units that triple energy output per foundation and cut civil works in half. Machines above 10 MW grabbed 14% of offshore orders last year as developers chase capacity factors beyond 50%.

Jack-up day rates near USD 270,000 incentivize 15 MW units that cut vessel time 40% compared with three smaller turbines. Modular nacelle splits let 7 MW onshore models meet road-weight regulations by trucking six stator sections. Insurance limits in typhoon zones cap coverage at USD 18 million per turbine, which discourages single-unit capacities above 15 MW in East Asia. Sub-2 MW turbines persist where distribution-utility rules cap behind-the-meter wind at 2 MW and where community aesthetics drive demand for lower hub heights.

Geography Analysis

Asia-Pacific held 42.8% of the 2025 wind turbine generator market revenue and is forecast to expand at 9.7% CAGR to 2031. China's >100 GW annual installation run rate and its prototype 17 MW floating units underpin regional leadership. India added 6.3 GW in 2025 after fast-tracking 9 GW of grid upgrades, though a second-tier backlog in Rajasthan persists. Japan and South Korea now mandate Class T certified turbines to satisfy insurers after typhoon-related bearing failures. Vietnam and the Philippines signed 2.8 GW of contracts in cyclone zones, all specifying PMSGs with real-time condition monitoring.

Europe is installing 22.5 GW offshore under the REPowerEU policy that targets 120 GW by 2030. Germany repowered 680 MW of onshore capacity, tripling megawatt density per site without adding new grid nodes. The United Kingdom's 10 GW floating offshore leases stipulate nacelle mass below 8 tonnes per megawatt, a criterion that accelerates HTS generator adoption. Nordic interconnectors enable export of surplus offshore power and sustain capacity factors near 94% on fully exposed North Sea arrays. France advanced 3.2 GW of Brittany and Normandy projects that adopt 15 MW direct-drive machines to minimize visual impact.

In North America, the U.S. added 11.2 GW despite the 2,600 GW interconnection queue and is banking on FERC Order 2023 to unlock 38 GW by 2028. Canada closed 2.4 GW of contracts centered in Alberta and Saskatchewan, where 5 MW-plus machines lower service person-hours. Brazil's 828 MW Dom Inocencio wind farm and Argentina's 230 MW Esquina do Vento leveraged 40% capacity factors to win long-dated PPAs. In the Middle East and Africa, Saudi Arabia's 3 GW mega-farm set a record 1.33 cents per kilowatt-hour tariff and selected 7.7 MW PMSG turbines that withstand desert heat.

1. Siemens Gamesa Renewable Energy
2. Vestas Wind Systems A/S
3. GE Vernova
4. Nordex Group
5. Mitsubishi Heavy Industries
6. Suzlon Energy Ltd.
7. Enercon GmbH
8. Goldwind
9. Envision Energy
10. Ming Yang Smart Energy
11. Dongfang Electric Corporation
12. CSIC Haizhuang Wind Power
13. Senvion GmbH
14. Doosan Enerbility
15. Hitachi Ltd.
16. ABB Ltd.
17. Siemens Energy AG
18. Lagerwey (Enercon Group)
19. Bergey WindPower Co.
20. Inox Wind Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid cost reductions in PMSG technology
  • 4.2.2 Offshore wind targets boosting high-capacity direct-drive demand
  • 4.2.3 Grid-code revisions mandating advanced variable-speed generators
  • 4.2.4 Corporate PPAs accelerating utility-scale installations
  • 4.2.5 Repowering schemes creating retrofit demand
  • 4.2.6 Floating offshore pilots driving lightweight generator designs
• 4.3 Market Restraints
  • 4.3.1 Rare-earth supply volatility inflating PMSG costs
  • 4.3.2 Transmission interconnection delays
  • 4.3.3 Crane weight limits restricting large onshore units
  • 4.3.4 Insurance premium hikes from bearing-failure risk in typhoon zones
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Generator Type
  • 5.1.1 Permanent-Magnet Synchronous Generator (PMSG)
  • 5.1.2 Doubly-Fed Induction Generator (DFIG)
  • 5.1.3 Conventional Synchronous Generator
  • 5.1.4 Conventional Induction Generator
  • 5.1.5 Switched Reluctance Generator
• 5.2 By Capacity Rating
  • 5.2.1 Below 2 MW
  • 5.2.2 2 to 5 MW
  • 5.2.3 5 to 10 MW
  • 5.2.4 Above 10 MW
• 5.3 By Application
  • 5.3.1 Onshore
  • 5.3.2 Offshore (Fixed-bottom)
  • 5.3.3 Floating Offshore
• 5.4 By End-user
  • 5.4.1 Utilities and IPPs
  • 5.4.2 Industrial Captive
  • 5.4.3 Commercial and Micro-grids
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 NORDIC Countries
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Siemens Gamesa Renewable Energy
  • 6.4.2 Vestas Wind Systems A/S
  • 6.4.3 GE Vernova
  • 6.4.4 Nordex Group
  • 6.4.5 Mitsubishi Heavy Industries
  • 6.4.6 Suzlon Energy Ltd.
  • 6.4.7 Enercon GmbH
  • 6.4.8 Goldwind
  • 6.4.9 Envision Energy
  • 6.4.10 Ming Yang Smart Energy
  • 6.4.11 Dongfang Electric Corporation
  • 6.4.12 CSIC Haizhuang Wind Power
  • 6.4.13 Senvion GmbH
  • 6.4.14 Doosan Enerbility
  • 6.4.15 Hitachi Ltd.
  • 6.4.16 ABB Ltd.
  • 6.4.17 Siemens Energy AG
  • 6.4.18 Lagerwey (Enercon Group)
  • 6.4.19 Bergey WindPower Co.
  • 6.4.20 Inox Wind Ltd.

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment