North America Wind Power Market Size & Share Analysis - Growth Trends And Forecast (2025 - 2030)

North America Wind Power Market Trends and Insights

IRA Domestic-Content Bonus & Manufacturing Build-Out

Hyperscale cloud providers now procure gigawatt-scale renewables to satisfy 24/7 carbon-free energy commitments. Microsoft’s 10.5 GW global framework with Brookfield Renewable sets a blueprint for virtual PPAs that guarantee revenue visibility for developers. Data-center clusters in Texas, Virginia, and Québec align wind output with consistent load profiles when paired with storage, improving project bankability within the North America wind power market. Willingness to sign 15- to 20-year contracts supports investment-grade financing, and the trend is spreading to semiconductor fabs and green-hydrogen producers.

Surging AI/Data-Center Power Demand Driving Long-Term PPAs

Hyperscale cloud providers now procure gigawatt-scale renewables to satisfy 24/7 carbon-free energy commitments. Microsoft’s 10.5 GW global framework with Brookfield Renewable sets a blueprint for virtual PPAs that guarantee revenue visibility for developers.^{[2]Brookfield Renewable Partners, “Brookfield Renewable and Microsoft Announce Global Renewable Energy Framework,” brookfieldrenewable.com} Data-center clusters in Texas, Virginia, and Québec align wind output with consistent load profiles when paired with storage, improving project bankability within the North America wind power market. Willingness to sign 15- to 20-year contracts supports investment-grade financing, and the trend is spreading to semiconductor fabs and green-hydrogen producers.

Corporate Renewable-Energy Procurement Mandates

Fortune 500 emissions targets have transformed renewable procurement from optional to essential. Renewable-energy-certificate prices jumped to nearly USD 8, prompting companies to pivot toward direct off-take agreements. Virtual PPAs now dominate transactions, allowing corporates to hedge electricity costs while claiming specific wind attributes. Expanded disclosure rules under the U.S. Securities and Exchange Commission intensify pressure to decarbonize scope 2 emissions, cementing wind as a primary solution within the North America wind power industry.

Declining Levelized Cost of Electricity (LCOE)

Advances in blade aerodynamics and taller hub heights have lifted capacity factors above 50% in premier wind corridors, delivering LCOEs that match or beat natural-gas combined-cycle plants.^{[3]Vestas Wind Systems, “Vestas Receives First US Offshore Wind Order,” vestas.com} Offshore fixed-bottom projects now post 40%-plus capacity factors, and floating prototypes confirm access to deeper resource zones. Economies of scale in 6-MW-plus turbines cut balance-of-plant costs, allowing the North America wind power market to compete in merchant power markets without subsidies.

Transmission Queue Bottlenecks & Curtailment Risk

More than 2,000 GW of renewables await grid studies, with MISO and SPP experiencing curtailment rates above 6% in 2024. FERC Order 1920 mandates 20-year planning horizons, yet reforms will not unblock capacity until the late 2020s. Developers must commit higher deposits earlier in the study process, straining small operators but reducing speculative filings. Cluster studies may expedite approvals, though congestion risks persist for the North America wind power market.^{[4]Federal Energy Regulatory Commission, “FERC Takes Long-Term Planning Historic Transmission Rule,” ferc.gov}

DoD Radar & Whale-Migration Litigation Delaying Projects

Offshore leases face legal challenges linked to radar interference and marine-mammal protection. Seasonal construction pauses lengthen project schedules by 18 months or more, heightening carrying costs. The Department of Defense now collaborates with developers on radar-mitigation technologies, while environmental assessments incorporate adaptive management plans to reduce litigation exposure for the North America wind power market.^{[5]The White House, “Temporary Withdrawal of All Areas on the Outer Continental Shelf from Offshore Wind Leasing,” whitehouse.gov}

Segment Analysis

By Location: Offshore Acceleration Amid Onshore Maturity

Onshore projects controlled 99.9% of installations in 2024, reflecting decades of streamlined permitting and cost-optimized supply chains across the Great Plains and Texas. Despite this dominance, offshore capacity is scaling rapidly, delivering a 50.2% CAGR to 2030 as Atlantic fixed-bottom farms reach commercial operations. Vineyard Wind and South Fork Wind showcased reliable 40%-plus capacity factors, narrowing cost gaps with onshore assets. State procurement mandates in New York and New Jersey support a 30 GW pipeline, providing visibility for vessel owners and component suppliers. Floating wind pilots in California and Nova Scotia target deeper-water zones, positioning the North America wind power market for another phase of growth beyond 2030.

Note: Segment shares of all individual segments available upon report purchase

By Turbine Capacity: Mid-Range Dominance with Large-Scale Migration

Turbines in the 3-6 MW range captured 54.5% of 2024 installations, balancing logistical practicality with competitive LCOE metrics. Over the forecast, developers pivot toward above-6 MW machines, which will record a 10.4% CAGR and supply both large onshore clusters and virtually all offshore plants. GE Vernova’s 2.4 GW SunZia order and Siemens Gamesa’s 21 MW prototype highlight a trajectory toward fewer, more powerful turbines that slash foundation counts and electrical-system costs. Sub-3 MW designs now serve primarily repowering niches.

By Application: Utility-Scale Dominance with C&I Emergence

Utility-scale assets represented 91.6% of capacity in 2024, supported by competitive wholesale markets and capacity-market revenues. Hybrid wind-plus-storage projects are increasingly common, enabling firm dispatch and frequency regulation services valued by system operators. The commercial-and-industrial segment, while only 8.4% today, is expanding at 9.1% CAGR as corporates execute direct PPAs and onsite installations to hedge power costs and meet science-based targets. Community wind remains limited due to zoning hurdles and distributed solar competition, but offers social-license benefits in rural areas, enhancing acceptance of the North America wind power market.

Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

The United States accounted for 85.6% of total installations in 2024, led by Texas at more than 40 GW. Domestic-content rules spur new factories in the Midwest, shortening supply chains and qualifying projects for higher tax credits. ERCOT’s merchant market structure supports gigawatt-scale additions, although congestion in West Texas requires transmission upgrades.

Mexico, forecast to grow at a 13.2% CAGR, leverages the Isthmus of Tehuantepec’s robust wind regime and a USD 23 billion infrastructure program that features seven utility-scale wind farms. Near-shoring trends add industrial load in northern states, where developers secure long-term corporate offtake contracts. Canada’s 18 GW fleet spans Ontario, Québec, and Alberta, supported by provincial procurement schemes and Indigenous partnerships. Hydro-Québec’s 10 GW clean-energy plan and British Columbia’s fast-track permitting underline federal ambitions for a net-zero grid by 2050.

Note: Segment shares of all individual segments available upon report purchase