As per MarkNtel Advisors The US Wind Turbine Market size has an installed capacity of 1,42,542 MW (with total projects of 1,699) in 2024 and is projected to reach 1,61,821 MW by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.14% during the forecast period.

US Wind Turbine Market Systems Market Outlook:

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US Wind Turbine Market Systems Market Segmentation:

By Axis Type

-Horizontal - Market Size & Forecast 2020-2030F, USD Million

-Vertical - Market Size & Forecast 2020-2030F, USD Million

By Rating

-Up to 1 MW - Market Size & Forecast 2020-2030F, USD Million

-1 MW - 2.5 MW - Market Size & Forecast 2020-2030F, USD Million

-2.5 MW - 5 MW - Market Size & Forecast 2020-2030F, USD Million

-5 MW – 10 MW - Market Size & Forecast 2020-2030F, USD Million

-Above 10 MW - Market Size & Forecast 2020-2030F, USD Million

By Installation

-Offshore - Market Size & Forecast 2020-2030F, USD Million

-Onshore - Market Size & Forecast 2020-2030F, USD Million

By Component

-Rotator Blade - Market Size & Forecast 2020-2030F, USD Million

-Gearbox - Market Size & Forecast 2020-2030F, USD Million

-Generator - Market Size & Forecast 2020-2030F, USD Million

-Nacelle - Market Size & Forecast 2020-2030F, USD Million

-Others - Market Size & Forecast 2020-2030F, USD Million

By Application

-Industrial - Market Size & Forecast 2020-2030F, USD Million

-Commercial - Market Size & Forecast 2020-2030F, USD Million

-Residential - Market Size & Forecast 2020-2030F, USD Million

-Utility - Market Size & Forecast 2020-2030F, USD Million

-Others - Market Size & Forecast 2020-2030F, USD Million

By Region

-North

-South

-East

-West.

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Comprehensive Analysis: Preview detailed market analysis, including segmentation, competitive landscape, and Geographical insights – https://www.marknteladvisors.com/research-library/us-wind-turbine-market.html

US Wind Turbine Market Driver:

Federal and State Renewable Energy Policies – Federal and state renewable energy policies that prioritize sustainability and decarbonization strongly drive the US Wind Turbine Market. The Inflation Reduction Act of 2022 offered generous incentives for renewable energy initiatives. The prolonged Production Tax Credits (PTC) and Investment Tax Credits (ITC) specifically for wind energy, secure economic feasibility for major projects. This policy extension is expected to spur the growth of wind energy projects nationwide. Also, Renewable Portfolio Standards (RPS) are essential at the state level.  For example, California requires that 60% of its electricity must be generated from renewable sources by 2030, leading to a significant need for wind turbines.

In the same way, Texas, which is already the biggest wind energy producer in the US producing a staggering 28% of wind energy in the U.S. in 2023. Texas is continuing to increase its capacity with initiatives led by the state. The purpose of these standards is to help states diversify their energy sources boost domestic energy production and stimulate economic growth. Wind energy is a crucial part of the US energy transition due to strong regulations from both federal and state governments.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the US Wind Turbine Market are:

GE Renewable Energy, NourNET, Vestas, EDGNEX Riyadh RUH-1, ReGen Powertech, Envision Group, NextEra Energy, GE Vernova, Suzlon Energy Limited, NORDEX SE, Goldwind Americas, and others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

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About us

MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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