

The global market for Smart Wind Power Machine Solution was valued at US$ 739 million in the year 2024 and is projected to reach a revised size of US$ 1194 million by 2031, growing at a CAGR of 7.2% during the forecast period.
Wind turbines work on a simple principle: instead of using electricity to make wind—like a fan—wind turbines use wind to make electricity. Wind turns the propeller-like blades of a turbine around a rotor, which spins a generator, which creates electricity.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China"s installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
This report aims to provide a comprehensive presentation of the global market for Smart Wind Power Machine Solution, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Wind Power Machine Solution.
The Smart Wind Power Machine Solution market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Smart Wind Power Machine Solution market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Wind Power Machine Solution companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Goldwind
Envision Group
Ming Yang Smart Energy Group
Zhejiang Windey
Simens
GE
Vestas
Electric Wind Power
CSIC
DEC
CRRC
Sany Heavy Energy
United Power
Segment by Type
Direct Drive Solution
Double-fed Solution
Others
Segment by Application
Onshore Wind Power
Offshore Wind Power
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Wind Power Machine Solution company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Wind Power Machine Solution Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Direct Drive Solution
1.2.3 Double-fed Solution
1.2.4 Others
1.3 Market by Application
1.3.1 Global Smart Wind Power Machine Solution Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Onshore Wind Power
1.3.3 Offshore Wind Power
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Wind Power Machine Solution Market Perspective (2020-2031)
2.2 Global Smart Wind Power Machine Solution Growth Trends by Region
2.2.1 Global Smart Wind Power Machine Solution Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Smart Wind Power Machine Solution Historic Market Size by Region (2020-2025)
2.2.3 Smart Wind Power Machine Solution Forecasted Market Size by Region (2026-2031)
2.3 Smart Wind Power Machine Solution Market Dynamics
2.3.1 Smart Wind Power Machine Solution Industry Trends
2.3.2 Smart Wind Power Machine Solution Market Drivers
2.3.3 Smart Wind Power Machine Solution Market Challenges
2.3.4 Smart Wind Power Machine Solution Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Wind Power Machine Solution Players by Revenue
3.1.1 Global Top Smart Wind Power Machine Solution Players by Revenue (2020-2025)
3.1.2 Global Smart Wind Power Machine Solution Revenue Market Share by Players (2020-2025)
3.2 Global Smart Wind Power Machine Solution Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Smart Wind Power Machine Solution Revenue
3.4 Global Smart Wind Power Machine Solution Market Concentration Ratio
3.4.1 Global Smart Wind Power Machine Solution Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Wind Power Machine Solution Revenue in 2024
3.5 Global Key Players of Smart Wind Power Machine Solution Head office and Area Served
3.6 Global Key Players of Smart Wind Power Machine Solution, Product and Application
3.7 Global Key Players of Smart Wind Power Machine Solution, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Wind Power Machine Solution Breakdown Data by Type
4.1 Global Smart Wind Power Machine Solution Historic Market Size by Type (2020-2025)
4.2 Global Smart Wind Power Machine Solution Forecasted Market Size by Type (2026-2031)
5 Smart Wind Power Machine Solution Breakdown Data by Application
5.1 Global Smart Wind Power Machine Solution Historic Market Size by Application (2020-2025)
5.2 Global Smart Wind Power Machine Solution Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Smart Wind Power Machine Solution Market Size (2020-2031)
6.2 North America Smart Wind Power Machine Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Smart Wind Power Machine Solution Market Size by Country (2020-2025)
6.4 North America Smart Wind Power Machine Solution Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Wind Power Machine Solution Market Size (2020-2031)
7.2 Europe Smart Wind Power Machine Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Smart Wind Power Machine Solution Market Size by Country (2020-2025)
7.4 Europe Smart Wind Power Machine Solution Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Wind Power Machine Solution Market Size (2020-2031)
8.2 Asia-Pacific Smart Wind Power Machine Solution Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Smart Wind Power Machine Solution Market Size by Region (2020-2025)
8.4 Asia-Pacific Smart Wind Power Machine Solution Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Wind Power Machine Solution Market Size (2020-2031)
9.2 Latin America Smart Wind Power Machine Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Smart Wind Power Machine Solution Market Size by Country (2020-2025)
9.4 Latin America Smart Wind Power Machine Solution Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Wind Power Machine Solution Market Size (2020-2031)
10.2 Middle East & Africa Smart Wind Power Machine Solution Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Smart Wind Power Machine Solution Market Size by Country (2020-2025)
10.4 Middle East & Africa Smart Wind Power Machine Solution Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Goldwind
11.1.1 Goldwind Company Details
11.1.2 Goldwind Business Overview
11.1.3 Goldwind Smart Wind Power Machine Solution Introduction
11.1.4 Goldwind Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.1.5 Goldwind Recent Development
11.2 Envision Group
11.2.1 Envision Group Company Details
11.2.2 Envision Group Business Overview
11.2.3 Envision Group Smart Wind Power Machine Solution Introduction
11.2.4 Envision Group Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.2.5 Envision Group Recent Development
11.3 Ming Yang Smart Energy Group
11.3.1 Ming Yang Smart Energy Group Company Details
11.3.2 Ming Yang Smart Energy Group Business Overview
11.3.3 Ming Yang Smart Energy Group Smart Wind Power Machine Solution Introduction
11.3.4 Ming Yang Smart Energy Group Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.3.5 Ming Yang Smart Energy Group Recent Development
11.4 Zhejiang Windey
11.4.1 Zhejiang Windey Company Details
11.4.2 Zhejiang Windey Business Overview
11.4.3 Zhejiang Windey Smart Wind Power Machine Solution Introduction
11.4.4 Zhejiang Windey Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.4.5 Zhejiang Windey Recent Development
11.5 Simens
11.5.1 Simens Company Details
11.5.2 Simens Business Overview
11.5.3 Simens Smart Wind Power Machine Solution Introduction
11.5.4 Simens Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.5.5 Simens Recent Development
11.6 GE
11.6.1 GE Company Details
11.6.2 GE Business Overview
11.6.3 GE Smart Wind Power Machine Solution Introduction
11.6.4 GE Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.6.5 GE Recent Development
11.7 Vestas
11.7.1 Vestas Company Details
11.7.2 Vestas Business Overview
11.7.3 Vestas Smart Wind Power Machine Solution Introduction
11.7.4 Vestas Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.7.5 Vestas Recent Development
11.8 Electric Wind Power
11.8.1 Electric Wind Power Company Details
11.8.2 Electric Wind Power Business Overview
11.8.3 Electric Wind Power Smart Wind Power Machine Solution Introduction
11.8.4 Electric Wind Power Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.8.5 Electric Wind Power Recent Development
11.9 CSIC
11.9.1 CSIC Company Details
11.9.2 CSIC Business Overview
11.9.3 CSIC Smart Wind Power Machine Solution Introduction
11.9.4 CSIC Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.9.5 CSIC Recent Development
11.10 DEC
11.10.1 DEC Company Details
11.10.2 DEC Business Overview
11.10.3 DEC Smart Wind Power Machine Solution Introduction
11.10.4 DEC Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.10.5 DEC Recent Development
11.11 CRRC
11.11.1 CRRC Company Details
11.11.2 CRRC Business Overview
11.11.3 CRRC Smart Wind Power Machine Solution Introduction
11.11.4 CRRC Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.11.5 CRRC Recent Development
11.12 Sany Heavy Energy
11.12.1 Sany Heavy Energy Company Details
11.12.2 Sany Heavy Energy Business Overview
11.12.3 Sany Heavy Energy Smart Wind Power Machine Solution Introduction
11.12.4 Sany Heavy Energy Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.12.5 Sany Heavy Energy Recent Development
11.13 United Power
11.13.1 United Power Company Details
11.13.2 United Power Business Overview
11.13.3 United Power Smart Wind Power Machine Solution Introduction
11.13.4 United Power Revenue in Smart Wind Power Machine Solution Business (2020-2025)
11.13.5 United Power Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Goldwind
Envision Group
Ming Yang Smart Energy Group
Zhejiang Windey
Simens
GE
Vestas
Electric Wind Power
CSIC
DEC
CRRC
Sany Heavy Energy
United Power
Ìý
Ìý
*If Applicable.