How big is the Airborne Wind Turbines Market?

The Airborne Wind Turbines Market size is expected to reach USD 141.61 million in 2024 and grow at a CAGR of 9.09% to reach USD 218.79 million by 2029. Read More

What is the current Airborne Wind Turbines Market size?

In 2024, the Airborne Wind Turbines Market size is expected to reach USD 141.61 million. Read More

Who are the key players in Airborne Wind Turbines Market?

GE Power, Enercon GmbH, Vestas Wind Systems A/S, Siemens AG and Nordex SE are the major companies operating in the Airborne Wind Turbines Market. Read More

Which is the fastest growing region in Airborne Wind Turbines Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Airborne Wind Turbines Market?

In 2024, the Europe accounts for the largest market share in Airborne Wind Turbines Market. Read More

What years does this Airborne Wind Turbines Market cover, and what was the market size in 2023?

In 2023, the Airborne Wind Turbines Market size was estimated at USD 128.74 million. The report covers the Airborne Wind Turbines Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airborne Wind Turbines Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Airborne Wind Energy Market

Airborne Wind Energy Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Airborne Wind Turbine Market Report is Segmented by Technology (Larger Turbines (above 3 MW) and Smaller Turbines (Less Than 3 MW)), Application (Offshore and Onshore), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Size and Forecast are Provided in Terms of Values (USD) for all the Above Segments.

Airborne Wind Turbines Industry Overview

The airborne wind turbine market is semi-consolidated with key players such as GE Power, Enercon GmbH, Nordex SE, Vestas Wind Systems AS, and Siemens AG. These companies are investing in various applications to gain market share and expand the scope of their service offerings. Businesses have remained competitive in the market by utilizing joint ventures, mergers, and acquisitions.

In January 2023, TUV SUD, the German Audit and certification service provider, signed a deal with Ventus Group to provide services to a wind energy company in India. As part of the deal, the duo will assist energy companies in India with technologies for measuring, analyzing, and optimizing the performance of wind farms and wind turbines utilizing wind turbine generators (WTG). The clients would get guidance on maximizing safety and production from their existing and future wind energy investments.