Market Size of France Wind Energy Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 22.72 gigawatt |
| Market Volume (2029) | 32.52 gigawatt |
| CAGR (2024 - 2029) | 7.43 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Wind Energy Market Analysis
The France Wind Energy Market size in terms of installed base is expected to grow from 22.72 gigawatt in 2024 to 32.52 gigawatt by 2029, at a CAGR of 7.43% during the forecast period (2024-2029).
Over the medium term, factors such as increasing investments, upcoming and ongoing wind energy projects, and expansion of wind energy capacities are expected to be significant drivers for the French wind energy market during the forecast period.
On the other hand, the widespread electricity generation from alternative renewable energy sources such as hydropower and solar and other sources such as nuclear energy are expected to be a significant restraint for the growth of the French wind energy market.
Nevertheless, the supportive government policies and related incentive schemes to support renewable energy production, particularly wind energy, have a strong backhold by the country to reduce its carbon footprints. This will create opportunities for the French wind energy market in the coming years.
