• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US Wind Tower Market

    ID: MRFR/E&P/11209-HCR
    128 Pages
    Chitranshi Jaiswal
    October 2025

    US Wind Tower Market Research Report By Type (Main Gearbox, Yaw Gearbox, Others), By Application (Offshore Wind, Onshore Wind Power), By Installation Type (New, Replacement) and By Capacity (5mw-3mw, Up To 1.5mw, Over 3mw) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Wind Tower Market Infographic
    Purchase Options

    US Wind Tower Market Summary

    The US Wind Tower market is projected to grow significantly from 4.02 USD Billion in 2024 to 10.9 USD Billion by 2035.

    Key Market Trends & Highlights

    US Wind Tower Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate of 9.46 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 10.9 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 4.02 USD Billion, laying a strong foundation for future expansion.
    • Growing adoption of renewable energy technologies due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 4.02 (USD Billion)
    2035 Market Size 10.9 (USD Billion)
    CAGR (2025-2035) 9.46%

    Major Players

    Envision Energy, Senvion, Emeren Group, Regenerative Energy, Vestas Wind Systems, Dongfang Electric, Acciona Energy, TPI Composites, MHI Vestas, Nordex, General Electric, Goldwind, Suzlon Energy, RWE Renewables, Siemens Gamesa

    US Wind Tower Market Trends

    The US Wind Tower Market is witnessing significant growth, driven primarily by an increasing emphasis on renewable energy sources and the government's commitment to reduce carbon emissions. Policies such as tax incentives and grants for wind energy projects are key market drivers supporting this shift toward cleaner energy. Furthermore, technological advancements in wind turbine design and efficiency are making wind energy more viable, leading to a rise in installations across the United States.

    There are opportunities to be explored, especially in offshore wind projects along the Atlantic Coast and in the Great Lakes region, where conditions are favorable for larger turbines and greater energy output.

    States such as California and Texas are taking initiatives to expand their wind capacity, tapping into vast wind resources. Additionally, collaboration between public and private sectors is likely to foster innovations that can enhance the efficiency and cost-effectiveness of wind tower manufacturing and installation, creating further opportunities in the sector. Recent trends indicate a growing focus on sustainability and energy independence, with an increasing number of states developing renewable energy mandates. This has led to a surge in community-based wind projects, where local stakeholders invest in and benefit from wind energy generation.

    The rise of corporate power purchase agreements from large companies aiming to meet sustainability goals suggests a shift in the market dynamics. As consumer awareness and support for renewable energy grow, the US Wind Tower Market is expected to continue its upward trajectory, driven by these emerging trends.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Market Segment Insights

    US Wind Tower Market Segment Insights:

    US Wind Tower Market Segment Insights:

    Wind Tower Market Type Insights

    Wind Tower Market Type Insights

    The US Wind Tower Market primarily comprises various types of components essential for the efficient functioning and optimization of wind energy systems. With the global push towards renewable energy sources, the importance of these types is increasingly recognized. The main gearbox serves as a critical component in wind turbines, transferring mechanical energy from the rotor to the generator. This segment's significance stems from its ability to handle critical loads and provide the necessary speed increases.

    The yaw gearbox also plays a vital role by allowing wind turbines to rotate and face the wind optimally, which is essential for maximizing energy capture and enhancing overall efficiency.

    Wind power capacity in the United States continues to grow, making the contributions of these components increasingly important in sustaining market dynamics. Additionally, there is a myriad of other components that contribute to the overall efficiency and reliability of wind energy systems. Innovations in the manufacturing and technology associated with these type sections are accelerated due to demand for larger and more efficient turbines, which in turn drives the US Wind Tower Market revenue. However, challenges such as component compatibility and advances in technology necessitate ongoing Research and Development efforts to keep up with market demands.

    Overall, the segmentation encapsulates the fundamental aspects of wind energy production, highlighting the pivotal role that these parts play in bolstering the country's commitment to a sustainable energy future. Continued advancements in these types are expected to foster robust growth and present substantial opportunities for stakeholders in the energy sector while supporting the nation's ambitious renewable energy goals.

    Wind Tower Market Application Insights

    Wind Tower Market Application Insights

    The US Wind Tower Market showcases significant growth potential, particularly within the Application segment, reflecting a robust increase in wind energy adoption across the nation. The nation has made extensive investments in renewable energy, with a focus on reducing carbon emissions and achieving energy independence. The two primary applications driving this growth are Offshore Wind and Onshore Wind Power. Offshore Wind installations tend to benefit from stronger and more consistent winds, enabling larger, more efficient energy generation, which is becoming increasingly essential in the US to meet energy demands.

    Meanwhile, Onshore Wind Power continues to dominate the landscape due to its lower installation and operational costs, facilitating more rapid deployment across various regions in the US, especially in areas with optimal wind resources. The integration of advanced technology and supportive government policies further enhances the viability of these applications, while challenges persist regarding project financing and environmental concerns. Overall, the Application segment is positioning itself as a crucial part of the US renewable energy strategy, contributing to the overall US Wind Tower Market revenue through diverse and scalable energy solutions.

    Wind Tower Market Installation Type Insights

    Wind Tower Market Installation Type Insights

    The Installation Type segment of the US Wind Tower Market plays a crucial role in defining market dynamics and growth patterns. This segment is divided into two main areas: New installations and Replacement installations. New installations are significant as they contribute to the expansion of wind energy capacity across the United States, aligning with governmental initiatives aimed at increasing renewable energy sources to meet sustainability goals. Factors such as the increasing demand for clean energy, technological advancements, and favorable governmental policies are driving new projects.

    On the other hand, Replacement installations have gained traction as older turbines reach the end of their operational life, requiring upgrades to enhance efficiency and output. This segment caters to the need for modern technology to maximize energy production and minimize maintenance costs. As the US continues to transition towards greener energy solutions, both segments are integral to addressing energy demands while contributing to market growth.

    The US Wind Tower Market statistics indicate that the growing focus on sustainability and energy independence provides robust opportunities for both new and replacement installations, positioning them as vital contributors to the overall market landscape.

    Wind Tower Market Capacity Insights

    Wind Tower Market Capacity Insights

    The US Wind Tower Market under the Capacity segment showcases a diverse range of offerings, reflecting the evolving landscape of wind energy generation. The market features capacity classifications such as 5mw-3mw, Up To 1.5mw, and Over 3mw, each playing a crucial role in meeting the growing energy demands across the region. The 5mw-3mw capacity range, in particular, has gained traction due to its balance of efficiency and adaptability, making it suitable for both onshore and offshore applications.

    The Up To 1.5mw category is recognized for its ability to cater to smaller-scale projects, appealing to local utility companies and smaller municipalities seeking to transition toward renewable energy sources.

    Furthermore, the Over 3mw segment dominates the market with its focus on large-scale projects, which are essential for achieving substantial carbon reduction targets set by the US government. Overall, the capacity segmentation of the US Wind Tower Market is significantly shaped by technological advancements, regulatory frameworks, and shifting consumer preferences towards sustainable energy solutions. These factors contribute to the increasing deployment of wind energy systems, which is supported by favorable government incentives and a pressing need to diversify the energy portfolio in the US.

    Get more detailed insights about US Wind Tower Market

    Key Players and Competitive Insights

    The US Wind Tower Market has become increasingly competitive as various companies vie for dominance in a sector that plays a crucial role in the nation's shift towards renewable energy. This competitive landscape is shaped by various factors, including technological advancements, government policies, and the escalating demand for clean energy solutions. As investments pour into the renewable energy sector and as states adopt more stringent renewable energy standards, numerous key players have emerged, each seeking to leverage their unique strengths to capture market share.

    The rapid growth in wind power generation has led to increased manufacturing capabilities, innovation in technology, and collaborative ventures, thereby intensifying competition among firms in this evolving market.

    Envision Energy has established a notable presence in the US Wind Tower Market, capitalizing on its technological expertise and innovative designs tailored for the unique operational requirements of the region. The company’s strengths lie in its ability to produce high-quality wind turbine components, optimized for performance and efficiency in diverse environmental conditions. Envision Energy leverages its research and development capabilities and incorporates advanced materials and data analytics to enhance operational performance, thus addressing the needs of US-based wind farm operators.

    This competitive edge has allowed the company to secure strong partnerships with various energy developers, thus broadening its footprint in the American landscape. Envision's commitment to sustainability and efficiency makes it a notable player as the demand for more effective wind energy solutions continues to soar.

    Senvion, while navigating the complexities of the US Wind Tower Market, focuses on delivering bespoke wind turbine solutions, with a strong emphasis on reliability and cost-effectiveness. The company offers a range of products that include onshore and offshore wind turbines, tailored to meet the specific demands of wind farm projects across the United States. Senvion has fortified its market presence through strategic partnerships and has seen a series of mergers and acquisitions that have bolstered its capabilities and reach within the US region.

    The firm's strengths are amplified by its emphasis on engineering excellence and innovation, which has led to the development of enhanced turbine technology, thereby improving energy output and reducing costs for its customers. Despite the competitive pressures in the market, Senvion's solid reputation for quality and performance continues to attract interest from new projects, positioning it favorably in the evolving landscape of renewable energy in the United States.

    Key Companies in the US Wind Tower Market market include

    Industry Developments

    The US Wind Tower Market has experienced significant developments recently, notably in 2023, as states ramp up their renewable energy initiatives. Vestas Wind Systems announced a crucial deal in March 2023 to supply wind turbines to several large-scale projects across multiple states, aligning with federal goals to increase clean energy generation. In July 2023, General Electric secured a substantial contract to provide its latest offshore wind technology, showcasing advancements in turbine efficiency. Additionally, Siemens Gamesa reported improved production capabilities at its facilities in the US, responding to the surging demand for wind energy infrastructure.

    MHI Vestas has also been active, focusing on expanding its presence in the US market through strategic partnerships and supply agreements. The overall market is witnessing growth in valuation, driven by favorable energy policies, technological advancements, and the commitment of companies like Acciona Energy and Nordex to invest in domestic manufacturing. Mergers and acquisitions are on the rise, with notable interest in partnerships among these key players, reflecting a consolidation trend aimed at enhancing competitive positioning within the rapidly evolving market landscape. This vibrant environment indicates a robust future for the US Wind Tower Market amidst ongoing investments and innovation.

    Market Segmentation

    Outlook

    • 5mw-3mw
    • Up To 1.5mw
    • Over 3mw

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 3.43 (USD Billion)
    MARKET SIZE 2024 4.02 (USD Billion)
    MARKET SIZE 2035 10.87 (USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 9.46% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Envision Energy, Senvion, Emeren Group, Regenerative Energy, Vestas Wind Systems, Dongfang Electric, Acciona Energy, TPI Composites, MHI Vestas, Nordex, General Electric, Goldwind, Suzlon Energy, RWE Renewables, Siemens Gamesa
    SEGMENTS COVERED Type, Application, Installation Type, Capacity
    KEY MARKET OPPORTUNITIES Increasing renewable energy demand, Government incentives for wind energy, Technological advancements in tower design, Expansion of offshore wind projects, Rising focus on sustainability initiatives
    KEY MARKET DYNAMICS Government incentives for renewable energy, Rising demand for clean energy, Technological advancements in turbine design, Supply chain challenges and logistics, Increasing competition among manufacturers
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Wind Tower Market in 2024?

    The US Wind Tower Market is expected to be valued at 4.02 billion USD in 2024.

    What will the market size be in 2035?

    By 2035, the market size is projected to reach 10.87 billion USD.

    What is the expected CAGR for the US Wind Tower Market from 2025 to 2035?

    The compound annual growth rate for the market from 2025 to 2035 is expected to be 9.46 percent.

    Who are the key players in the US Wind Tower Market?

    Major players include Envision Energy, Vestas Wind Systems, and General Electric among others.

    What is the market value of the Main Gearbox segment in 2024?

    The Main Gearbox segment is valued at 1.6 billion USD in 2024.

    What is the expected market value for the Yaw Gearbox segment in 2035?

    The Yaw Gearbox segment is expected to reach 2.7 billion USD in 2035.

    What are the estimated revenues for the 'Others' segment in 2024?

    The 'Others' segment is anticipated to be valued at 1.42 billion USD in 2024.

    What is driving the growth of the US Wind Tower Market?

    The growth is primarily driven by increasing investments in renewable energy and rising demand for clean energy solutions.

    How does the competitive landscape of the US Wind Tower Market look?

    The competitive landscape is dominated by major companies like Siemens Gamesa and Nordex, ensuring significant innovation and collaboration.

    What challenges does the US Wind Tower Market currently face?

    Challenges include supply chain disruptions and fluctuations in raw material prices affecting market dynamics.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials