Ireland Wind Energy Market Size

Statistics for the 2023 & 2024 Ireland Wind Energy market size, created by Mordor Intelligence™ Industry Reports. Ireland Wind Energy size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Ireland Wind Energy Industry

Ireland Wind Energy Market Summary
Study Period 2021 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2021 - 2022
CAGR > 6.00 %
Market Concentration Medium

Major Players

Ireland Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Ireland Wind Energy Market Analysis

The Irish wind energy market is expected to record a CAGR of over 6% during the forecast period.

The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels.

  • Over the long term, government subsidies in the renewable energy sector are likely to drive the Irish wind energy market during the forecast period.
  • On the other hand, the increasing adoption of other renewable sources, such as solar, is expected to restrain the Irish wind energy market during the forecast period.
  • The Republic of Ireland aims to achieve 70% of its electricity from renewable energy sources by 2030, which is likely to create several opportunities for the wind energy market in the country in the future.

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