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

According to Mordor Intelligence, the south america wind turbine market size is projected to expand from USD 8.90 billion in 2025 and USD 9.76 billion in 2026 to USD 15.48 billion by 2031, registering a CAGR of 9.66% between 2026 to 2031.

This report is Segmented by Location of Deployment (Onshore, Offshore), Capacity Rating (Small, Medium, Large, Very Large), Axis Type (Horizontal, Vertical), Component (Rotor Blades, Nacelle & Drivetrain, Generator, and More), End-Use Application (Utility-Scale, Commercial & Industrial, and More), and Geography (Brazil, Chile, Argentina, Colombia, Rest of South America). Forecasts are in Value (USD).

South America Wind Turbine Market Trends and Insights

Declining LCOE Turns Onshore Wind Into the Region's Cheapest Dispatchable Resource

Lower onshore generation costs remain one of the clearest supports for new turbine demand in the region. Brazil's onshore wind LCOE fell to USD 0.025/kWh in 2024, and the country's wind fleet achieved capacity factors of 56%, which is well above the global onshore average . That cost position matters because it gives developers room to preserve project returns even when financing stays expensive or transmission access becomes less predictable. It also keeps onshore projects competitive in procurement rounds and bilateral contracts, especially in Brazil's Northeast and other high-wind corridors. For the South America wind turbine market, this means the base case for new installations is still being set by onshore economics rather than by policy support alone.

Renewable-PPA and Auction Pipeline Extends Contract Certainty Beyond Government Offtake

The demand base for new wind projects is becoming broader than the earlier model that depended mainly on government-led auctions. Corporate buyers, industrial users, and large digital infrastructure operators are taking a larger role in long-term renewable procurement, which gives developers more than one route to contract revenues. Amazon announced an investment of more than USD 4 billion to launch an AWS infrastructure region in Chile by the end of 2026, with renewable energy forming part of the operating model for that site. This matters for project development because a deeper buyer pool can support wind additions even when sovereign procurement slows. In the South America wind turbine market, that change is improving contract diversity and favoring developers that can match wind generation profiles with the needs of large, creditworthy offtakers.

Grid Congestion Creates Structural Revenue Risk Across NE Brazil's Wind Belt

Grid congestion in Northeast Brazil remains the main operating constraint for utility-scale wind projects. Curtailment losses for wind and solar plants rose 220% in 2025 and reached 32.9 million MWh, which shows how quickly the issue has moved from a local operating challenge to a broader investment concern. The market effect is clear even without assigning every lost megawatt-hour to a single project, because lenders, OEMs, and developers now have to account for weaker utilization in areas that were once seen as the safest wind corridors. This is why the South America wind turbine market is still growing, but with stronger attention on location quality, local demand pairing, and the pace of transmission reinforcement.

Other drivers and restraints analyzed in the detailed report include:

1. Green-Hydrogen Export Hubs Co-locate Wind Infrastructure at Port-Adjacent Sites
2. Data-Centre-Led Transmission Upgrades Generate Incremental Wind Demand
3. Currency Volatility and High Capital Costs Act as a Structural Barrier to Foreign Investment

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

Segment Analysis

Onshore represented 90.6% of the installed base in 2025, which kept it firmly at the center of turbine demand across the region. This part of the South America wind turbine market continues to benefit from established land-based development corridors in Brazil, Argentina, and Chile, where wind resources are strong and the delivery model is already familiar to lenders and utilities. Onshore projects also fit existing manufacturing and logistics networks better than offshore projects do, which helps preserve cost competitiveness when supply conditions tighten. That advantage is especially important in a region where local content, financing access, and transport execution can still influence project bankability almost as much as turbine technology.

Offshore starts from a much smaller base, but it is projected to grow at an 18.1% CAGR through 2031, which makes it the fastest-moving deployment category in the South America wind turbine market. The growth case rests on future platform scaling, a formalizing policy framework in Brazil, and increasing interest in coastal industrial clusters that could use offshore power over time. Even so, offshore will remain a smaller revenue pool than onshore through most of the forecast period because it still needs port readiness, supply-chain depth, and project execution experience. The main near-term effect is therefore strategic rather than volumetric, since offshore is changing how OEMs, developers, and governments think about future manufacturing, service capabilities, and coastal infrastructure.

Large turbines in the 1-5 MW range accounted for 45.7% of the market in 2025, which reflects how most regional wind projects were built over the past decade. That installed base keeps the segment important because fleet familiarity, service capabilities, and financing comfort are already in place for this rating class. In practice, this gives developers a stable reference point when they evaluate new procurement decisions in Brazil's Northeast, Patagonia, and Chile's wind corridors. It also means the large-turbine class still anchors most near-term order activity even as developers look for larger machines.

The above 5 MW segment is projected to record the fastest growth at 13.8% CAGR, driven by a search for higher yield per unit, fewer turbines per project, and better economics in large greenfield developments. Goldwind's first overseas factory in Brazil began producing turbines in the 5.3 MW to 7.5 MW range in 2024, which showed that the regional supply picture is starting to adapt to higher-capacity machines. The South America wind turbine industry is therefore moving toward a wider mix of ratings, but the shift will be gradual because developers still have to balance turbine scale against logistics, site conditions, and available grid capacity. Over the forecast period, the very large category should gain share mainly in projects where stronger output and lower balance-of-system intensity can offset the execution complexity that comes with bigger components.

List of Companies Covered in this Report:

1. Vestas Wind Systems A/S
2. Siemens Gamesa Renewable Energy SA
3. GE Vernova (GE Renewable Energy)
4. Nordex SE
5. Goldwind Science & Technology Co.
6. Iberdrola SA
7. Acciona Energia
8. Enel Green Power Latin America
9. ENGIE Brasil Energia
10. Neoenergia (Iberdrola)
11. Latin America Power (LAP)
12. Colbun SA
13. Omega Energia
14. Voltalia SA
15. Statkraft Latin America
16. Mainstream Renewable Power
17. Casa dos Ventos Energias Renovaveis
18. Enercon GmbH
19. Elecnor SA
20. Grupo Envision

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 Declining LCOE for On-shore Wind
  • 4.2.2 Accelerating Renewable-PPA & Auction Pipeline
  • 4.2.3 National Decarbonisation Targets (NDC-aligned)
  • 4.2.4 Green-Hydrogen Export Hubs in Patagonia & NE Brazil
  • 4.2.5 Data-centre-led Transmission Upgrades (Amazon, MSFT)
  • 4.2.6 State-level Manufacturing Incentives in Ceara & Pernambuco
• 4.3 Market Restraints
  • 4.3.1 Grid Congestion & Curtailment in NE Brazil
  • 4.3.2 Turbine-component Port & Logistics Bottlenecks
  • 4.3.3 Currency Volatility & High Financing Costs Across Emerging South American Economies
  • 4.3.4 Limited Local Manufacturing Capacity for Large Turbine Components and Dependence on Imports
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Location of Deployment
  • 5.1.1 Onshore
  • 5.1.2 Offshore
    • 5.1.2.1 Fixed-bottom
    • 5.1.2.2 Floating
• 5.2 By Capacity Rating
  • 5.2.1 Small (Below 100 kW)
  • 5.2.2 Medium (100 kW to 1 MW)
  • 5.2.3 Large (1 to 5 MW)
  • 5.2.4 Very Large (Above 5 MW)
• 5.3 By Axis Type
  • 5.3.1 Horizontal Axis
  • 5.3.2 Vertical Axis
• 5.4 By Component
  • 5.4.1 Rotor Blades
  • 5.4.2 Nacelle and Drivetrain
  • 5.4.3 Generator
  • 5.4.4 Tower
  • 5.4.5 Power-Electronics and Control
• 5.5 By End-Use Application
  • 5.5.1 Utility-Scale
  • 5.5.2 Commercial and Industrial
  • 5.5.3 Residential and Micro-grid
• 5.6 By Geography
  • 5.6.1 Brazil
  • 5.6.2 Chile
  • 5.6.3 Argentina
  • 5.6.4 Colombia
  • 5.6.5 Rest of South America

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 Vestas Wind Systems A/S
  • 6.4.2 Siemens Gamesa Renewable Energy SA
  • 6.4.3 GE Vernova (GE Renewable Energy)
  • 6.4.4 Nordex SE
  • 6.4.5 Goldwind Science & Technology Co.
  • 6.4.6 Iberdrola SA
  • 6.4.7 Acciona Energia
  • 6.4.8 Enel Green Power Latin America
  • 6.4.9 ENGIE Brasil Energia
  • 6.4.10 Neoenergia (Iberdrola)
  • 6.4.11 Latin America Power (LAP)
  • 6.4.12 Colbun SA
  • 6.4.13 Omega Energia
  • 6.4.14 Voltalia SA
  • 6.4.15 Statkraft Latin America
  • 6.4.16 Mainstream Renewable Power
  • 6.4.17 Casa dos Ventos Energias Renovaveis
  • 6.4.18 Enercon GmbH
  • 6.4.19 Elecnor SA
  • 6.4.20 Grupo Envision

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment