Market Size of Ireland Wind Energy Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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.
