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    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

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    US Wind Tower Market Infographic
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    US Wind Tower Market Summary

    As per MRFR analysis, the US wind tower market size was estimated at 3800.0 USD Million in 2024. The US wind tower market is projected to grow from 4122.24 USD Million in 2025 to 9300.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.48% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US wind tower market is experiencing robust growth driven by technological advancements and increasing demand for renewable energy.

    • Technological advancements in wind turbine design are enhancing efficiency and reducing costs.
    • Government incentives are playing a crucial role in promoting wind energy adoption across various states.
    • The onshore wind segment remains the largest, while the offshore wind segment is the fastest-growing in the market.
    • Rising demand for renewable energy and state-level renewable energy mandates are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 3800.0 (USD Million)
    2035 Market Size 9300.0 (USD Million)

    Major Players

    Siemens Gamesa (ES), GE Renewable Energy (US), Vestas Wind Systems (DK), Nordex SE (DE), Suzlon Energy (IN), Mingyang Smart Energy (CN), Goldwind (CN), Envision Energy (CN), Senvion (DE)

    US Wind Tower Market Trends

    The wind tower market is currently experiencing a notable transformation driven by advancements in technology and increasing demand for renewable energy sources. As the focus on sustainability intensifies, stakeholders are investing in innovative designs and materials that enhance the efficiency and durability of wind towers. This shift is not only aimed at improving energy output but also at reducing the overall environmental impact associated with wind energy production. Furthermore, government policies and incentives are playing a crucial role in fostering growth within this sector, encouraging the adoption of wind energy as a viable alternative to fossil fuels. In addition to technological advancements, the wind tower market is witnessing a rise in competition among manufacturers. This competitive landscape is characterized by a push towards cost-effective solutions, which may lead to more affordable wind energy options for consumers. As companies strive to differentiate themselves, there is a growing emphasis on research and development, which could result in breakthroughs that further enhance the performance of wind towers. Overall, the current trends suggest a dynamic and evolving market that is poised for continued growth in the coming years.

    Technological Advancements

    Recent innovations in materials and design are enhancing the efficiency and lifespan of wind towers. Manufacturers are increasingly utilizing advanced composites and smart technologies to optimize performance, which may lead to higher energy outputs.

    Government Incentives

    Supportive policies and financial incentives from governmental bodies are encouraging investments in wind energy infrastructure. These initiatives are likely to stimulate growth in the wind tower market, making renewable energy more accessible.

    Increased Competition

    The market is becoming more competitive as new players enter the field, driving innovation and cost reductions. This competition may result in more affordable wind energy solutions, benefiting consumers and promoting wider adoption.

    US Wind Tower Market Drivers

    Rising Demand for Renewable Energy

    The wind tower market is experiencing a notable surge in demand driven by the increasing emphasis on renewable energy sources. As the U.S. government sets ambitious targets for reducing greenhouse gas emissions, the wind energy sector is poised for growth. In 2025, wind energy accounts for approximately 9% of the total electricity generation in the U.S., reflecting a growing preference for sustainable energy solutions. This shift is likely to propel investments in wind tower infrastructure, as utilities and private developers seek to expand their renewable portfolios. The wind tower market is thus positioned to benefit from this rising demand, as more states implement policies to support clean energy initiatives.

    Corporate Sustainability Initiatives

    The growing trend of corporate sustainability initiatives is significantly impacting the wind tower market. Many companies are committing to ambitious sustainability goals, including achieving net-zero emissions. This has led to increased investments in renewable energy projects, particularly in wind energy. In 2025, it is estimated that over 50% of Fortune 500 companies have set renewable energy targets, which in turn drives demand for wind towers. The wind tower market is likely to benefit from these corporate commitments, as businesses seek to procure clean energy solutions to meet their sustainability objectives. This trend not only enhances market growth but also fosters partnerships between corporations and wind energy developers.

    State-Level Renewable Energy Mandates

    State-level renewable energy mandates are playing a crucial role in shaping the wind tower market. Many states have enacted laws requiring utilities to source a specific % of their energy from renewable sources, with wind energy being a primary focus. For example, California mandates that 60% of its electricity must come from renewable sources by 2030, which directly influences the demand for wind towers. This regulatory environment encourages investments in wind energy projects, thereby bolstering the wind tower market. As states continue to adopt and enforce such mandates, the market is expected to expand, driven by the need for new installations and upgrades to existing infrastructure.

    Increased Investment in Infrastructure

    Investment in infrastructure is a key driver for the wind tower market, as the U.S. continues to modernize its energy grid. The Biden administration has proposed significant funding for renewable energy projects, including wind energy, as part of its infrastructure plan. This investment is expected to reach $100 billion over the next decade, facilitating the construction of new wind farms and the upgrading of existing facilities. The wind tower market stands to gain from this influx of capital, as it will likely lead to increased demand for wind towers and related components. As infrastructure improvements progress, the market is poised for substantial growth, driven by enhanced capacity and efficiency.

    Advancements in Wind Turbine Technology

    Technological innovations in wind turbine design and efficiency are significantly impacting the wind tower market. Enhanced turbine performance, including larger rotor diameters and improved materials, has led to increased energy output and reduced costs. For instance, the average capacity of newly installed wind turbines in the U.S. has risen to over 2.5 MW, which is indicative of advancements in turbine technology. These improvements not only enhance the viability of wind energy but also stimulate the wind tower market by necessitating the development of taller and more robust towers to support these larger turbines. As technology continues to evolve, the market is likely to see further enhancements that could drive growth.

    Market Segment Insights

    By Type: Main Gearbox (Largest) vs. Yaw Gearbox (Fastest-Growing)

    In the US wind tower market, the market share distribution shows that the Main Gearbox segment holds the largest portion, emphasizing its critical role in wind turbine operation. The Yaw Gearbox follows closely, becoming a significant component in modern wind turbines. The 'Others' category includes various subordinate gear systems, contributing to the niche market share but lacking the prominence of the Main and Yaw Gearbox segments. Growth trends indicate an increasing demand for high-efficiency gearboxes, particularly in the Yaw Gearbox segment, as more manufacturers focus on technological advancements for operational efficiency. The push towards renewable energy solutions and government incentives has also spurred investments in innovative gearbox designs, which is driving the fastest growth in this category. Overall, the market is witnessing a surge in demand for both reliability and performance within these gearbox types.

    Main Gearbox (Dominant) vs. Yaw Gearbox (Emerging)

    The Main Gearbox segment is the backbone of wind turbine technology, providing the necessary power conversion from blades to generator, which showcases its dominance in the US wind tower market. It is characterized by robust designs that ensure durability and efficiency under various operational conditions. Meanwhile, the Yaw Gearbox is emerging significantly, playing a pivotal role in aligning the turbine with wind direction to maximize energy capture. As turbine designs evolve to enhance performance metrics, the Yaw Gearbox is gaining attention for its ability to adapt to changing wind conditions, driving its growth in the market. Both segments reflect the technological advancements crucial for optimizing wind energy conversion.

    By Application: Onshore Wind (Largest) vs. Offshore Wind (Fastest-Growing)

    The US wind tower market showcases a clear dominance of onshore wind applications, which continue to hold the largest share in the sector. The extensive availability of suitable land and infrastructure for onshore wind installations has propelled its leading position. In contrast, offshore wind has rapidly gained traction, fueled by advancements in technology and increasing government initiatives aimed at harnessing maritime wind resources. This competitive landscape signals a dynamic shift towards balancing between established onshore projects and emerging offshore ventures. Growth trends indicate that the offshore wind segment is expected to experience the fastest expansion in the coming years. The push towards renewable energy sources and sustainability goals has catalyzed significant investments in offshore technologies. Growing public awareness and supportive policies for low-emission energy solutions further support this growth trajectory, positioning offshore wind as a crucial component in the future energy mix of the US wind tower market.

    Application: Onshore Wind (Dominant) vs. Offshore Wind (Emerging)

    Onshore wind stands as the dominant force in the US wind tower market, characterized by lower installation costs and widespread availability, making it an attractive option for energy developers and investors. Conversely, offshore wind is emerging with substantial potential, driven by favorable wind conditions and larger turbine capacities that promise increased energy output. This segment faces challenges such as higher initial investment and logistical complexities, yet it is expected to flourish as technological innovations and policy frameworks evolve. The combination of these two segments enables a more diverse and resilient energy portfolio, addressing varying regional needs and harnessing the full potential of wind energy resources.

    By Installation Type: New (Largest) vs. Replacement (Fastest-Growing)

    In the US wind tower market, the installation type segment is primarily divided into new and replacement categories. New installations currently hold the largest market share, driven by increasing investments in renewable energy and a focus on sustainability. This segment is crucial for meeting energy demands, especially in regions where wind energy capacity is still being developed. On the other hand, the replacement segment is emerging rapidly as wind turbine technology advances. As older turbines become less efficient and new models offer improved energy output and reliability, the demand for replacement installations is witnessing significant growth. Factors such as government incentives for upgrading existing infrastructure play a vital role in this trend.

    Installation Type: New (Dominant) vs. Replacement (Emerging)

    The new installation segment is dominant in the US wind tower market, representing the initial phase of wind energy projects that contribute to expanded capacity and energy generation. This segment benefits from considerable investments and interest from both public and private sectors, reflecting a commitment to increasing renewable energy sources. Conversely, the replacement segment is emerging rapidly as older turbines require upgrades or replacements to maintain operational efficiency. With technological advancements leading to more efficient and durable wind towers, operators are increasingly inclined to invest in modernization, thus driving this segment's growth. Overall, both segments play a crucial role in the evolution of the US wind energy landscape.

    By Capacity: 5mw-3mw (Largest) vs. Up To 1.5mw (Fastest-Growing)

    In the US wind tower market, the capacity segment is characterized by significant variation in market share among different classes. The 5mw-3mw range occupies a dominant position, holding a substantial share due to its efficiency and adaptability for large-scale projects. In contrast, the Up To 1.5mw segment has been swiftly gaining popularity, particularly among developers focusing on smaller, decentralized wind projects. The Over 3mw segment, while influential, trails in overall market share as it caters to niche applications. Growth trends in this segment are primarily influenced by advancements in technology and the increasing demand for sustainable energy solutions. The 5mw-3mw capacity remains favored for large developments, benefiting from economies of scale. Meanwhile, the Up To 1.5mw category is emerging as a preferred choice for distributed generation, particularly in areas where space is limited or where regulatory frameworks support smaller installations. This growth is further driven by favorable government policies and incentives promoting renewable energy.

    Capacity: 5mw-3mw (Dominant) vs. Up To 1.5mw (Emerging)

    The 5mw-3mw capacity range is the dominant force in the US wind tower market, thanks to its scalability and effectiveness in harnessing wind energy for large applications. This segment is ideal for utility-scale projects, where larger turbines can achieve higher efficiency and energy outputs. Conversely, the Up To 1.5mw capacity represents an emerging trend, catering to a growing demand for smaller wind installations. It appeals particularly to localized energy needs and projects where smaller footprints are essential. As such, the 5mw-3mw segment continues to benefit from established infrastructure and financing options, while the Up To 1.5mw segment is rapidly evolving, driven by innovative technologies and a shift towards more decentralized energy solutions.

    Get more detailed insights about US Wind Tower Market

    Key Players and Competitive Insights

    The wind tower market is currently characterized by a dynamic competitive landscape, driven by increasing demand for renewable energy and technological advancements. Key players such as Siemens Gamesa (ES), GE Renewable Energy (US), and Vestas Wind Systems (DK) are at the forefront, each adopting distinct strategies to enhance their market positioning. Siemens Gamesa (ES) focuses on innovation in turbine technology, aiming to improve efficiency and reduce costs, while GE Renewable Energy (US) emphasizes regional expansion and local manufacturing to better serve the North American market. Vestas Wind Systems (DK) is leveraging partnerships to enhance its service offerings and expand its footprint in emerging markets. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological differentiation and localized solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several key players exerting influence over their respective segments. This fragmentation allows for a variety of competitive strategies, as companies seek to carve out niches based on innovation, service quality, and regional expertise.

    In October 2025, Siemens Gamesa (ES) announced a partnership with a leading US utility to develop a new offshore wind project off the coast of California. This strategic move is significant as it not only reinforces Siemens Gamesa's commitment to expanding its offshore capabilities but also aligns with the growing trend towards sustainable energy solutions in the US. The collaboration is expected to enhance the company's market share in the rapidly evolving offshore segment.

    In September 2025, GE Renewable Energy (US) unveiled a new turbine model designed specifically for low-wind sites, which could potentially revolutionize energy generation in less favorable conditions. This innovation is crucial as it addresses a significant gap in the market, allowing for greater energy capture in diverse geographical locations. The introduction of this turbine model may position GE as a leader in low-wind technology, further solidifying its competitive edge.

    In August 2025, Vestas Wind Systems (DK) expanded its service portfolio by acquiring a software company specializing in predictive maintenance solutions. This acquisition is indicative of a broader trend towards digitalization within the industry, as companies seek to leverage data analytics to optimize turbine performance and reduce downtime. By integrating advanced software capabilities, Vestas aims to enhance its service offerings and provide greater value to its customers.

    As of November 2025, current competitive trends in the wind tower market are heavily influenced by digitalization, sustainability initiatives, and the integration of artificial intelligence. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to tackle complex challenges. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in the wind tower market.

    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.

    Future Outlook

    US Wind Tower Market Future Outlook

    The wind tower market is projected to grow at an 8.48% CAGR from 2024 to 2035, driven by technological advancements, increasing demand for renewable energy, and supportive government policies.

    New opportunities lie in:

    • Development of advanced composite materials for lighter towers
    • Integration of IoT for predictive maintenance solutions
    • Expansion into offshore wind tower manufacturing capabilities

    By 2035, the wind tower market is expected to achieve substantial growth and innovation.

    Market Segmentation

    US Wind Tower Market Type Outlook

    • Main Gearbox
    • Yaw Gearbox
    • Others

    US Wind Tower Market Capacity Outlook

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

    US Wind Tower Market Application Outlook

    • Offshore Wind
    • Onshore Wind Power

    US Wind Tower Market Installation Type Outlook

    • New
    • Replacement

    Report Scope

    MARKET SIZE 2024 3800.0(USD Million)
    MARKET SIZE 2025 4122.24(USD Million)
    MARKET SIZE 2035 9300.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.48% (2024 - 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 Million
    Key Companies Profiled Siemens Gamesa (ES), GE Renewable Energy (US), Vestas Wind Systems (DK), Nordex SE (DE), Suzlon Energy (IN), Mingyang Smart Energy (CN), Goldwind (CN), Envision Energy (CN), Senvion (DE)
    Segments Covered Type, Application, Installation Type, Capacity
    Key Market Opportunities Advancements in turbine efficiency and supportive regulatory frameworks enhance growth potential in the wind tower market.
    Key Market Dynamics Growing emphasis on sustainability drives innovation and competition in the wind tower market.
    Countries Covered US

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    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.

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