Australia Wind EnergyCompanies (2024 - 2029)

Australia Wind Energy Market Companies Summary

The Australian wind energy market is on a steady rise, largely unaffected by the COVID-19 pandemic. This growth is driven by the successful commissioning of significant wind energy projects and the reduced cost of wind energy, which has led to an increased adoption of wind energy in the country. However, the growth of the market might be hampered by the rising adoption of alternative energy sources such as gas-based power and solar power. The onshore sub-sector, with a significant installed onshore wind generation capacity, is expected to dominate the Australian wind energy market in the coming years. The increasing demand for electricity in the country is anticipated to create numerous business opportunities for wind power development. The market's growth is further fueled by favorable government policies and increasing investments in the wind energy sector. However, the market is moderately fragmented with several key players.