세계의 풍력 터빈 타워 시장 예측(-2032년) : 타워 유형별, 높이별, 정격 용량별, 기초 유형별, 코팅별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Wind Turbine Tower Market is accounted for $32.9 billion in 2025 and is expected to reach $64.6 billion by 2032 growing at a CAGR of 10.1% during the forecast period. A wind turbine tower is a tall supporting structure designed to elevate the nacelle and rotor blades of a wind turbine to an optimal height, where wind speeds are stronger and more consistent. Typically made of steel, concrete, or hybrid materials, the tower provides stability, durability, and the necessary clearance from the ground to maximize energy capture. Its height and design directly influence the turbine's efficiency and power output. Modern wind turbine towers range from tubular steel sections to lattice or hybrid structures, engineered to withstand harsh environmental conditions while minimizing vibrations and ensuring long-term, safe energy generation.

Market Dynamics:

Driver:

Strong policy & decarbonization targets

Governments worldwide are setting ambitious renewable energy goals to reduce reliance on fossil fuels and lower carbon emissions. These policies create a favourable investment environment, encouraging developers to expand wind energy projects. Incentives such as tax benefits, subsidies, and renewable energy credits further accelerate adoption. Decarbonization mandates also push utilities and industries to integrate more wind power into their energy mix. As a result, demand for advanced and large-scale wind turbine towers continues to rise globally.

Restraint:

Logistics & transportation limits

Wind turbine towers are massive and heavy structures, making their transport from manufacturing sites to installation locations complex and costly. The limited availability of specialized vehicles and equipment often causes delays and higher expenses. In many regions, inadequate road infrastructure and strict transportation regulations further restrict smooth delivery. These challenges increase project timelines and reduce the feasibility of installing turbines in remote areas. As a result, logistics and transportation barriers slow down overall market growth.

Opportunity:

Technological improvements & modular designs

Advanced materials and engineering innovations allow towers to withstand higher loads and harsher environments. Modular designs simplify manufacturing, transportation, and on-site assembly, reducing logistical challenges. They also enable scalability, making towers adaptable for different capacities and project requirements. These advancements support the deployment of taller towers, which capture stronger and more consistent winds, increasing energy output. Overall, technology and modularity are driving faster adoption and global expansion of wind turbine projects.

Threat:

Installation & O&M challenges for very large turbines

Transporting massive tower sections to remote or offshore sites requires specialized logistics and heavy-lift equipment, making deployment difficult. On-site installation becomes more time-consuming and riskier due to the size and weight of components. Operations and maintenance are also challenging, as accessing high-altitude nacelles and blades requires advanced cranes and specialized tools. These issues lead to higher downtime and increased operational expenses. Consequently, such challenges slow adoption rates and limit market growth for very large turbine towers.

Covid-19 Impact

The Covid-19 pandemic significantly disrupted the wind turbine tower market by causing supply chain interruptions, project delays, and labour shortages. Lockdowns and travel restrictions hindered the transportation of raw materials and components, slowing manufacturing activities. Many ongoing and planned wind energy projects were postponed due to health and safety concerns, regulatory delays, and reduced workforce availability. However, the crisis also highlighted the importance of renewable energy for sustainable recovery, prompting governments and companies to reemphasize investments in clean energy infrastructure and wind power projects.

The steel tubular towers segment is expected to be the largest during the forecast period

The steel tubular towers segment is expected to account for the largest market share during the forecast period, due to their high strength, durability, and cost-effectiveness in large-scale wind energy projects. Their conical or cylindrical design allows for easier transportation, assembly, and scalability, making them suitable for both onshore and offshore applications. The segment benefits from rising demand for taller towers to harness stronger wind speeds at higher altitudes, enhancing energy output. Additionally, steel tubular towers are widely adopted because of their proven performance, long operational life, and compatibility with advanced turbine technologies. These factors collectively position them as the dominant and growth-driving segment in the market.

The offshore wind farms segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the offshore wind farms segment is predicted to witness the highest growth rate, due to the rising demand for larger and more durable towers that can withstand harsh marine conditions. Offshore projects require higher-capacity turbines, leading to the development of taller and stronger towers, boosting market growth. Governments worldwide are supporting offshore wind initiatives with favourable policies and investments, further driving demand. The segment also benefits from technological advancements in floating and fixed-bottom tower designs. As offshore wind energy capacity expands globally, the need for specialized turbine towers continues to accelerate the market.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share by rapid renewable energy adoption, government incentives, and large-scale wind power projects across major economies. Onshore installations dominate due to cost advantages, while offshore projects are gaining traction with technological advancements and supportive policies. The region benefits from strong manufacturing bases, localized supply chains, and rising energy demand. Challenges include high installation costs in remote areas and logistical hurdles for large turbines, but growing investments and supportive regulations continue to strengthen the market outlook.

Region with highest CAGR:

Over the forecast period, the Europe region is anticipated to exhibit the highest CAGR, owing to advanced offshore wind developments. Offshore projects are expanding rapidly, supported by favourable policies, grid infrastructure, and technological expertise. Established industry players and strong regulatory frameworks foster innovation and sustainability across the supply chain. Challenges include rising material costs and delays in permitting processes. However, Europe's focus on energy transition, coupled with collaborative research initiatives and ambitious national targets, positions the region as a global leader in wind turbine tower deployment.

Key players in the market

Some of the key players profiled in the Wind Turbine Tower Market include Vestas Wind Systems, Siemens Gamesa Renewable Energy, General Electric, Nordex SE, Goldwind, Suzlon Energy Ltd., Enercon GmbH, CS Wind Corporation, Dongkuk S&C, Broadwind Energy Inc., Valmont Industries Inc., Titan Wind Energy, Trinity Structural Towers Inc., Speco Co., Ltd., Shanghai Electric Group and Dajin Heavy Industry Co., Ltd.

Key Developments:

In April 2024, Goldwin's acquired GE's Brazilian wind turbine plant enables localized tower production aligned with BNDES financing rules. This strategic move enhances regional supply chain resilience, reduces import dependency, and accelerates deployment of wind projects across Latin America's expanding renewable energy landscape.

In April 2023, Nordex SE came into joint venture with Sodena to commercialize proprietary electrolyser technology, enabling decentralized green hydrogen production. This supports hybrid wind-hydrogen systems, reshaping tower siting logistics and infrastructure.

Tower Types Covered:

• Steel Tubular Towers
• Concrete Towers
• Hybrid Towers
• Composite Towers

Heights Covered:

• < 60 m
• 60-100 m
• 100-150 m
• > 150 m

Rated Capacities Covered:

• < 2 MW
• 2-4 MW
• 4-8 MW
• > 8 MW

Foundation Types Covered:

• Monopile
• Gravity Base
• Jacket
• Floating Foundations
• Other Foundation Types

Coatings Covered:

• Anti-corrosion Coatings
• Weather- and UV-resistant Coatings
• Anti-icing & Friction Reduction Treatments
• Other Coatings

Applications Covered:

• Onshore Wind Farms
• Offshore Wind Farms
• Small-Scale Installations
• Repowering & Retrofit Projects
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Wind Turbine Tower Market, By Tower Type

• 5.1 Introduction
• 5.2 Steel Tubular Towers
  • 5.2.1 Conical Steel Sections
  • 5.2.2 Cylindrical Steel Sections
• 5.3 Concrete Towers
  • 5.3.1 Monopile Concrete
  • 5.3.2 Precast Segmental Concrete
• 5.4 Hybrid Towers
• 5.5 Composite Towers

6 Global Wind Turbine Tower Market, By Height

• 6.1 Introduction
• 6.2 < 60 m
• 6.3 60-100 m
• 6.4 100-150 m
• 6.5 > 150 m

7 Global Wind Turbine Tower Market, By Rated Capacity

• 7.1 Introduction
• 7.2 < 2 MW
• 7.3 2-4 MW
• 7.4 4-8 MW
• 7.5 > 8 MW

8 Global Wind Turbine Tower Market, By Foundation Type

• 8.1 Introduction
• 8.2 Monopile
• 8.3 Gravity Base
• 8.4 Jacket
• 8.5 Floating Foundations
• 8.6 Other Foundation Types

9 Global Wind Turbine Tower Market, By Coating

• 9.1 Introduction
• 9.2 Anti-corrosion Coatings
• 9.3 Weather- and UV-resistant Coatings
• 9.4 Anti-icing & Friction Reduction Treatments
• 9.5 Other Coatings

10 Global Wind Turbine Tower Market, By Application

• 10.1 Introduction
• 10.2 Onshore Wind Farms
• 10.3 Offshore Wind Farms
• 10.4 Small-Scale Installations
• 10.5 Repowering & Retrofit Projects
• 10.6 Other Applications

11 Global Wind Turbine Tower Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Vestas Wind Systems
• 13.2 Siemens Gamesa Renewable Energy
• 13.3 General Electric
• 13.4 Nordex SE
• 13.5 Goldwind
• 13.6 Suzlon Energy Ltd.
• 13.7 Enercon GmbH
• 13.8 CS Wind Corporation
• 13.9 Dongkuk S&C
• 13.10 Broadwind Energy Inc.
• 13.11 Valmont Industries Inc.
• 13.12 Titan Wind Energy
• 13.13 Trinity Structural Towers Inc.
• 13.14 Speco Co., Ltd.
• 13.15 Shanghai Electric Group
• 13.16 Dajin Heavy Industry Co., Ltd.