India Onshore Wind Energy Market- Industry Analysis and Forecast (2024-2030)

India Onshore Wind Energy Market is expected to grow at a CAGR of 42.1% during the forecast period and is expected to reach US$ 93.11 Bn by 2030. Wind power is the electricity produced from the wind energy which is transformed into electrical energy with the support of rotors and generators. Subsequently, the growth of renewables is higher in the present scenario, wind energy is increasing attention from power generators. Wind energy has ability to produce a maximum capacity of electricity than other renewable sources. Wind farms and wind parks are generated to improve the wind energy to the higher and produce around 6 to 8 MW of power. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. The scope of the report includes a detailed study of regional markets for India Onshore Wind Energy with the reasons given for variants in the growth of the industry in certain regions.India Onshore Wind Energy MarketTo know about the Research Methodology :- Request Free Sample Report India onshore wind market is anticipated to grow at a faster pace in 2018, the key reasons being amplified context of energy supply, and demand and increasing demand for renewable energy in electricity generation. For example, Government of India has set a determined target of attaining 175 GW of renewable power capacity in the country by 2023 of which 60 GW to derive from wind. Also, the country has set an objective of having 40% of its installed electric capacity driven by non-fossil-fuel origins by 2030. Wind energy being clean energy has to play a crucial role in achieving these goals to meet the challenges of climate change. In addition, the wind electric generator technology has developed very promptly, which will boost the growth of onshore wind energy market in the country. Also, all the key global players in this sector have their presence in the country and 50 different models of wind turbines are being manufactured by more than 20 different companies in India, through joint ventures under licensed manufacture, branches of foreign companies, and Indian companies with their individual technology. Development of onshore wind energy generate the opportunity in wind energy sector such as, for each MW capacity around 5 Full Time Equivalent (FTE) jobs will create during the first year for manufacturing, construction and installation and around 1.2 FTE jobs will create for 20 years for O&M activities. The Government encourages wind energy sector in the country through financial incentives such as accelerated depreciation, compromise in custom duty on certain machineries of wind electric generators and loan from Indian Renewable Energy Development Agency (IREDA) & other financial institutions. Furthermore, 100 percent FDI through automatic route is permitted in the renewable energy sector including wind energy sector. These factors are amplifying the growth of onshore wind energy market in India. The report on India Onshore Wind Energy Market covers segments such as By Power Capacity, Wind Capacity, End-Use, Application, Grid Connectivity and Region. On the basis of Power Capacity, the market is segmented into <500 KW, 500 KW to 2 MW, and >2 MW. The wind towers generating >2 MW, hold a XX% market share of India Onshore Wind Energy Market due to adaptation of new technologies which are capable to generate high wind energy. Based on the Wind Capacity, the market is segmented into high wind speed, medium wind speed, and low wind speed. Among these, the high wind speed projects are anticipated to lead the market as there are turbines, which operate individually and generate power of around 2.3 MW. On the basis of End-Use, the market is segmented into Utilities, Hybrid power, Commercial & Industrial, and others. Utilities are the major shareholder due to rising demand for electricity from the various nations. Based on Application, the market is segmented into system stability, peak power management, frequency response, demand response, and power storage. With growing demand of electricity in peak hours and peak seasons, the demand is satisfied by the electricity produced by onshore wind farms and hence peak power management application is estimated to lead the market. On the basis of Grid Connectivity, the market is segmented into off-grid and on-grid. Based on regional segment, the India Onshore Wind Energy Market is sub-segmented into North India, South India, East India, and West India. South India is projected to hold protuberant shares of the India Onshore Wind Energy Market. South India led the India Onshore Wind Energy Market in 2018 due to the states of Andhra Pradesh, Karnataka and Rajasthan have finalized regulations for intra-state transmission of wind power. North India, East and West India are also anticipated to witness noteworthy growth throughout forecast period. The rising concern for clean energy together with stringent regulations for conventional power generation, boost the growth in these regions. The report covers the market leaders, followers and new entrants in the industry with the market dynamics by region. It will also help to understand the position of each player in the market by region, by segment with their expansion plans, R&D expenditure and organic & in-organic growth strategies. Long term association, strategic alliances, supply chain agreement and M&A activities are covered in the report in detail from 2014 to 2019. Expected alliances and agreement in forecast period will give future course of action in the market to the readers. More than ten companies are profiled, benchmarked in the report on different parameters that will help reader to gain insight about the market in minimum time. For example, Gansu Wind Farm of China has the capacity to produce 6.8 MW of power. Improvement in the wind turbine sector is shaping the onshore wind energy scenario with focus on Leveled Cost of electricity. Siemens has come up with a direct drive concept of wind energy, which has fewer components and consequently cuts down the costs of maintenance. The objective of the report is to present a comprehensive analysis of the India Onshore Wind Energy Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Application. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Application on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India Onshore Wind Energy Market dynamics, structure by analyzing the market segments and project the India Onshore Wind Energy Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the India Onshore Wind Energy Market make the report investor’s guide.

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India Onshore Wind Energy Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 7.95 Bn.
Forecast Period 2024 to 2030 CAGR: 42.1% Market Size in 2030: US $ 93.11 Bn.
Segments Covered: by Power Capacity < 500 KW 500 KW to 2 MW > 2 MW
by Wind Capacity High Wind Speed Medium Wind Speed Low Wind Speed
by End-Use Utilities Hybrid Power Commercial & Industrial Others
by Application System Stability Peak Power Management Frequency Response Demand Response Power Storage
by Grid Connectivity Off-grid On-grid
by Region North India South India East India West India

Key players operating in the India Onshore Wind Energy Market

1. ReGen Powertech Pvt. Ltd. 2. Wind World India Ltd. 3. Orient Green Power Ltd 4. Indowind Energy Limited 5. GE Wind Energy Ltd. 6. Inox Wind 7. Leitwind Shriram Manufacturing Ltd. 8. RRB Energy 9. Siemens AG 10. Envision energy 11. General Electric Wind Energy 12. Suzlon 13. Vestas Wind System A/S 14. Enercon GmbH 15. Mitsubishi Power Systems 16. Nordex S.E 17. Repower 18. Gazelle Wind Turbines 19. Clipper Wind Power

Frequently Asked Questions:

1. Which region has the largest share in India Onshore Wind Energy Market? Ans: South India region held the highest share in 2023. 2. What is the growth rate of India Onshore Wind Energy Market? Ans: The India Onshore Wind Energy Market is growing at a CAGR of 42.1% during forecasting period 2024-2030. 3. What is scope of the India Onshore Wind Energy Market report? Ans: India Onshore Wind Energy Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in India Onshore Wind Energy Market? Ans: The important key players in the India Onshore Wind EnergyMarket are – ReGen Powertech Pvt. Ltd., Wind World India Ltd., Orient Green Power Ltd, Indowind Energy Limited, GE Wind Energy Ltd., Inox Wind, Leitwind Shriram Manufacturing Ltd., RRB Energy, Siemens AG, Envision energy, General Electric Wind Energy, Suzlon, Vestas Wind System A/S, Enercon GmbH, Mitsubishi Power Systems, Nordex S.E., Repower, Gazelle Wind Turbines, and Clipper Wind Power 5. What is the study period of this Market? Ans: The India Onshore Wind Energy Market is studied from 2023 to 2030.
India Onshore Wind Energy Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: India Onshore Wind Energy Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. India Onshore Wind Energy Market Analysis and Forecast 6.1. India Onshore Wind Energy Market Size & Y-o-Y Growth Analysis 6.1.1. North India 6.1.2. South India 6.1.3. East India 6.1.4. West India 6.1.5. South America 7. India Onshore Wind Energy Market Analysis and Forecast, by Power Capacity 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Onshore Wind Energy Market Value Share Analysis, by Power Capacity 7.4. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by Power Capacity 7.5. India Onshore Wind Energy Market Analysis, by Power Capacity 7.6. India Onshore Wind Energy Market Attractiveness Analysis, by Power Capacity 8. India Onshore Wind Energy Market Analysis and Forecast, by Wind Capacity 8.1. Introduction and Definition 8.2. Key Findings 8.3. India Onshore Wind Energy Market Value Share Analysis, by Wind Capacity 8.4. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by Wind Capacity 8.5. India Onshore Wind Energy Market Analysis, by Wind Capacity 8.6. India Onshore Wind Energy Market Attractiveness Analysis, by Wind Capacity 9. India Onshore Wind Energy Market Analysis and Forecast, by End-Use 9.1. Introduction and Definition 9.2. Key Findings 9.3. India Onshore Wind Energy Market Value Share Analysis, by End-Use 9.4. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by End-Use 9.5. India Onshore Wind Energy Market Analysis, by End-Use 9.6. India Onshore Wind Energy Market Attractiveness Analysis, by End-Use 10. India Onshore Wind Energy Market Analysis and Forecast, by Application 10.1. Introduction and Definition 10.2. Key Findings 10.3. India Onshore Wind Energy Market Value Share Analysis, by Application 10.4. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by Application 10.5. India Onshore Wind Energy Market Analysis, by Application 10.6. India Onshore Wind Energy Market Attractiveness Analysis, by Application 11. India Onshore Wind Energy Market Analysis and Forecast, by Grid Connectivity 11.1. Introduction and Definition 11.2. Key Findings 11.3. India Onshore Wind Energy Market Value Share Analysis, by Grid Connectivity 11.4. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by Grid Connectivity 11.5. India Onshore Wind Energy Market Analysis, by Grid Connectivity 11.6. India Onshore Wind Energy Market Attractiveness Analysis, by Grid Connectivity 12. India Onshore Wind Energy Market Analysis, by Region 12.1. India Onshore Wind Energy Market Value Share Analysis, by Region 12.2. India Onshore Wind Energy Market Size (US$ Bn) Forecast, by Region 12.3. India Onshore Wind Energy Market Attractiveness Analysis, by Region 13. North India Onshore Wind Energy Market Analysis 13.1. Key Findings 13.2. North India Onshore Wind Energy Market Overview 13.3. North India Onshore Wind Energy Market Value Share Analysis, by Power Capacity 13.4. North India Onshore Wind Energy Market Forecast, by Power Capacity 13.4.1. < 500 KW 13.4.2. 500 KW to 2 MW 13.4.3. > 2 MW 13.5. North India Onshore Wind Energy Market Value Share Analysis, by Wind Capacity 13.6. North India Onshore Wind Energy Market Forecast, by Wind Capacity 13.6.1. High Wind Speed 13.6.2. Medium Wind Speed 13.6.3. Low Wind Speed 13.7. North India Onshore Wind Energy Market Value Share Analysis, by End-Use 13.8. North India Onshore Wind Energy Market Forecast, by End-Use 13.8.1. Utilities 13.8.2. Hybrid Power 13.8.3. Commercial & Industrial 13.8.4. Others 13.9. North India Onshore Wind Energy Market Value Share Analysis, by Application 13.10. North India Onshore Wind Energy Market Forecast, by Application 13.10.1. System Stability 13.10.2. Peak Power Management 13.10.3. Frequency Response 13.10.4. Demand Response 13.10.5. Power Storage 13.11. North India Onshore Wind Energy Market Value Share Analysis, by Grid Connectivity 13.12. North India Onshore Wind Energy Market Forecast, by Grid Connectivity 13.12.1. Off-grid 13.12.2. On-grid 13.13. North India Onshore Wind Energy Market Attractiveness Analysis 13.13.1. By Power Capacity 13.13.2. By Wind Capacity 13.13.3. By End-Use 13.13.4. By Application 13.13.5. By Grid Connectivity 13.14. PEST Analysis 13.15. Key Trends 13.16. Key Developments 14. South India Onshore Wind Energy Market Analysis 14.1. Key Findings 14.2. South India Onshore Wind Energy Market Overview 14.3. South India Onshore Wind Energy Market Value Share Analysis, by Power Capacity 14.4. South India Onshore Wind Energy Market Forecast, by Power Capacity 14.4.1. < 500 KW 14.4.2. 500 KW to 2 MW 14.4.3. > 2 MW 14.5. South India Onshore Wind Energy Market Value Share Analysis, by Wind Capacity 14.6. South India Onshore Wind Energy Market Forecast, by Wind Capacity 14.6.1. High Wind Speed 14.6.2. Medium Wind Speed 14.6.3. Low Wind Speed 14.7. South India Onshore Wind Energy Market Value Share Analysis, by End-Use 14.8. South India Onshore Wind Energy Market Forecast, by End-Use 14.8.1. Utilities 14.8.2. Hybrid Power 14.8.3. Commercial & Industrial 14.8.4. Others 14.9. South India Onshore Wind Energy Market Value Share Analysis, by Application 14.10. South India Onshore Wind Energy Market Forecast, by Application 14.10.1. System Stability 14.10.2. Peak Power Management 14.10.3. Frequency Response 14.10.4. Demand Response 14.10.5. Power Storage 14.11. South India Onshore Wind Energy Market Value Share Analysis, by Grid Connectivity 14.12. South India Onshore Wind Energy Market Forecast, by Grid Connectivity 14.12.1. Off-grid 14.12.2. On-grid 14.13. South India Onshore Wind Energy Market Attractiveness Analysis 14.13.1. By Power Capacity 14.13.2. By Wind Capacity 14.13.3. By End-Use 14.13.4. By Application 14.13.5. By Grid Connectivity 14.14. PEST Analysis 14.15. Key Trends 14.16. Key Developments 15. East India Onshore Wind Energy Market Analysis 15.1. Key Findings 15.2. East India Onshore Wind Energy Market Overview 15.3. East India Onshore Wind Energy Market Value Share Analysis, by Power Capacity 15.4. East India Onshore Wind Energy Market Forecast, by Power Capacity 15.4.1. < 500 KW 15.4.2. 500 KW to 2 MW 15.4.3. > 2 MW 15.5. East India Onshore Wind Energy Market Value Share Analysis, by Wind Capacity 15.6. East India Onshore Wind Energy Market Forecast, by Wind Capacity 15.6.1. High Wind Speed 15.6.2. Medium Wind Speed 15.6.3. Low Wind Speed 15.7. East India Onshore Wind Energy Market Value Share Analysis, by End-Use 15.8. East India Onshore Wind Energy Market Forecast, by End-Use 15.8.1. Utilities 15.8.2. Hybrid Power 15.8.3. Commercial & Industrial 15.8.4. Others 15.9. East India Onshore Wind Energy Market Value Share Analysis, by Application 15.10. East India Onshore Wind Energy Market Forecast, by Application 15.10.1. System Stability 15.10.2. Peak Power Management 15.10.3. Frequency Response 15.10.4. Demand Response 15.10.5. Power Storage 15.11. East India Onshore Wind Energy Market Value Share Analysis, by Grid Connectivity 15.12. East India Onshore Wind Energy Market Forecast, by Grid Connectivity 15.12.1. Off-grid 15.12.2. On-grid 15.13. East India Onshore Wind Energy Market Attractiveness Analysis 15.13.1. By Power Capacity 15.13.2. By Wind Capacity 15.13.3. By End-Use 15.13.4. By Application 15.13.5. By Grid Connectivity 15.14. PEST Analysis 15.15. Key Trends 15.16. Key Developments 16. West India Onshore Wind Energy Market Analysis 16.1. Key Findings 16.2. West India Onshore Wind Energy Market Overview 16.3. West India Onshore Wind Energy Market Value Share Analysis, by Power Capacity 16.4. West India Onshore Wind Energy Market Forecast, by Power Capacity 16.4.1. < 500 KW 16.4.2. 500 KW to 2 MW 16.4.3. > 2 MW 16.5. West India Onshore Wind Energy Market Value Share Analysis, by Wind Capacity 16.6. West India Onshore Wind Energy Market Forecast, by Wind Capacity 16.6.1. High Wind Speed 16.6.2. Medium Wind Speed 16.6.3. Low Wind Speed 16.7. West India Onshore Wind Energy Market Value Share Analysis, by End-Use 16.8. West India Onshore Wind Energy Market Forecast, by End-Use 16.8.1. Utilities 16.8.2. Hybrid Power 16.8.3. Commercial & Industrial 16.8.4. Others 16.9. West India Onshore Wind Energy Market Value Share Analysis, by Application 16.10. West India Onshore Wind Energy Market Forecast, by Application 16.10.1. System Stability 16.10.2. Peak Power Management 16.10.3. Frequency Response 16.10.4. Demand Response 16.10.5. Power Storage 16.11. West India Onshore Wind Energy Market Value Share Analysis, by Grid Connectivity 16.12. West India Onshore Wind Energy Market Forecast, by Grid Connectivity 16.12.1. Off-grid 16.12.2. On-grid 16.13. West India Onshore Wind Energy Market Attractiveness Analysis 16.13.1. By Power Capacity 16.13.2. By Wind Capacity 16.13.3. By End-Use 16.13.4. By Application 16.13.5. By Grid Connectivity 16.14. PEST Analysis 16.15. Key Trends 16.16. Key Developments 17. Company Profiles 17.1. Market Share Analysis, by Company 17.2. Competition Matrix 17.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 17.2.2. New Product Launches and Product Enhancements 17.2.3. Market Consolidation 17.2.3.1. M&A by Regions, Investment and Applications 17.2.3.2. M&A Key Players, Forward Integration and Backward 17.2.3.3. Integration 17.3. Company Profiles: Key Players 17.3.1. ReGen Powertech Pvt. Ltd. 17.3.1.1. Company Overview 17.3.1.2. Financial Overview 17.3.1.3. Product Portfolio 17.3.1.4. Business Strategy 17.3.1.5. Recent Developments 17.3.1.6. Development Footprint 17.3.2. Wind World India Ltd. 17.3.3. Orient Green Power Ltd 17.3.4. Indowind Energy Limited 17.3.5. GE Wind Energy Ltd. 17.3.6. Inox Wind 17.3.7. Leitwind Shriram Manufacturing Ltd. 17.3.8. RRB Energy 17.3.9. Siemens AG 17.3.10. Envision energy 17.3.11. General Electric Wind Energy 17.3.12. Suzlon Energy Limited 17.3.13. Vestas Wind System A/S 17.3.14. Enercon GmbH 17.3.15. Mitsubishi Power Systems 17.3.16. Nordex S.E. 17.3.17. Repower 17.3.18. Gazelle Wind Turbines 17.3.19. Clipper Wind Power 18. Primary Key Insights
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