Wind Turbine Tower Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Wind Turbine Tower Manufacturers and the Market is Segmented by Type (Tubular Steel Towers, Concrete Towers, Lattice Towers, and Guyed Pole Towers), Deployment (Onshore and Offshore), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).

Wind Turbine Tower Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Wind Turbine Tower Market Size

Wind Turbine Tower Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 1.32 %
Fastest Growing Market Middle East and Africa
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Wind Turbine Tower Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Wind Turbine Tower Market with other markets in Energy & Power Industry

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Wind Turbine Tower Market Analysis

The Wind Turbine Tower Market is expected to register a CAGR of less than 1.32% during the forecast period.

  • The concrete tower is expected to be the fastest-growing segment in the wind turbine tower market, as it requires low transportation costs, has high strength, and the material required is available locally.
  • Emerging markets such as Africa, which has various geographical locations that could be considered suitable for wind energy deployment, are likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market in 2021, with most of the demand coming from China and India.

Wind Turbine Tower Industry Overview

The wind turbine tower market is moderately fragmented. The major companies include Trinity Structural Towers Inc., Valmont Industries Inc., KGW Schweriner Maschinen- und Anlangenbau GmbH, Broadwind Energy Inc., and Dongkuk S&C.

Wind Turbine Tower Market Leaders

  1. Trinity Structural Towers Inc.

  2. Valmont Industries Inc.

  3. KGW Schweriner Maschinen- und Anlangenbau GmbH

  4. Broadwind Energy Inc.

  5. Dongkuk S&C

  6. *Disclaimer: Major Players sorted in no particular order
Wind Turbine Tower Market Concentration
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Wind Turbine Tower Market News

  • In February 2022, Spain's GRI Renewable Industries signed a Memorandum of Understanding (MoU) with the capital group of Poland's state Industrial Development Agency (GK ARP) to develop a wind turbine tower factory in the Baltic coast city of Gdańsk

Wind Turbine Tower Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD million, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Tubular Steel Towers
    • 5.1.2 Concrete Towers
    • 5.1.3 Lattice Towers
    • 5.1.4 Guyed Pole Towers
  • 5.2 Deployment
    • 5.2.1 Onshore
    • 5.2.2 Offshore
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.2 North America
    • 5.3.3 Middle-East and Africa
    • 5.3.4 Europe
    • 5.3.5 South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Valmont Industries Inc.
    • 6.3.2 KGW Schweriner Maschinen- und Anlangenbau GmbH
    • 6.3.3 Broadwind Energy Inc.
    • 6.3.4 Dongkuk S&C
    • 6.3.5 Speco Technologies Co. Ltd
    • 6.3.6 Titan Wind Energy AS
    • 6.3.7 CS Wind Corporation
    • 6.3.8 Vestas Wind Systems AS
    • 6.3.9 Suzlon Energy Ltd
    • 6.3.10 Enercon GmbH
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Wind Turbine Tower Industry Segmentation

The scope of the wind turbine tower market report includes:

Type Tubular Steel Towers
Concrete Towers
Lattice Towers
Guyed Pole Towers
Deployment Onshore
Offshore
Geography Asia-Pacific
North America
Middle-East and Africa
Europe
South America
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Wind Turbine Tower Market Research FAQs

What is the current Wind Turbine Tower Market size?

The Wind Turbine Tower Market is projected to register a CAGR of less than 1.32% during the forecast period (2025-2030)

Who are the key players in Wind Turbine Tower Market?

Trinity Structural Towers Inc., Valmont Industries Inc., KGW Schweriner Maschinen- und Anlangenbau GmbH, Broadwind Energy Inc. and Dongkuk S&C are the major companies operating in the Wind Turbine Tower Market.

Which is the fastest growing region in Wind Turbine Tower Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Wind Turbine Tower Market?

In 2025, the Asia Pacific accounts for the largest market share in Wind Turbine Tower Market.

What years does this Wind Turbine Tower Market cover?

The report covers the Wind Turbine Tower Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Wind Turbine Tower Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wind Turbine Tower Industry Report

Statistics for the 2025 Wind Turbine Tower market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Wind Turbine Tower analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.