Emerging Growth Patterns in India Onshore Wind Energy Market Market

Key Insights

The India onshore wind energy market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 8% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives promoting renewable energy, a significant reduction in the cost of wind turbine technology, and the increasing urgency to meet India's ambitious renewable energy targets are all contributing factors. The market is segmented primarily by turbine capacity, with the 2-3 MW segment currently holding a larger share (55%) compared to the >3 MW segment (45%). This suggests a preference for turbines offering a balance between cost-effectiveness and power generation capacity. However, the >3 MW segment is expected to witness faster growth driven by increasing demand for larger scale projects to enhance energy production efficiency. While challenges remain, such as land acquisition complexities and grid integration issues, the overall market outlook remains highly positive, attracting significant investments from both domestic and international players including Enercon GmB, Siemens Gamesa, Suzlon Energy, and Vestas Wind Systems.

The competitive landscape is dynamic, with major players vying for market share through technological advancements, strategic partnerships, and aggressive pricing strategies. The Asia-Pacific region, particularly India, China, and Japan, are key contributors to the global onshore wind energy market. India's burgeoning energy demand and its commitment to reducing carbon emissions create a favorable environment for sustained growth in the onshore wind energy sector. Furthermore, the Indian government's focus on promoting domestic manufacturing and supply chain development within the renewable energy sector is expected to further bolster market expansion. While some constraints such as regulatory hurdles and potential environmental concerns need careful management, the long-term outlook suggests a continuous rise in onshore wind energy deployment in India.

India Onshore Wind Energy Market: A Comprehensive Report (2019-2033)

This comprehensive report provides an in-depth analysis of the India onshore wind energy market, encompassing market dynamics, growth trends, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base and estimated year. The report segments the market by turbine capacity (2-3 MW and >3 MW) and provides valuable insights for investors, industry professionals, and policymakers. The report uses million units (M) as the unit of measurement for all values.

India Onshore Wind Energy Market Dynamics & Structure

This section analyzes the competitive landscape, technological advancements, regulatory environment, and market trends within the Indian onshore wind energy sector. We delve into market concentration, examining the market share held by major players and assessing the level of competition. Technological innovation, including advancements in turbine design and energy storage solutions, is explored alongside its impact on market growth. The influence of government policies, regulations, and incentives on market expansion is detailed. Furthermore, the report examines the presence of substitute technologies and their potential to disrupt the market. Finally, mergers and acquisitions (M&A) activities within the industry are analyzed, providing insights into market consolidation and strategic partnerships.

• Market Concentration: The Indian onshore wind market exhibits a moderately concentrated structure, with a few major players holding significant market share. xx% of the market is controlled by the top 5 players in 2025.
• Technological Innovation: Continuous advancements in turbine technology, including the development of higher-capacity turbines ( >3 MW segment showing 45% market share in 2025), are driving efficiency gains and cost reductions.
• Regulatory Framework: Government policies promoting renewable energy, including various incentives and feed-in tariffs, significantly influence market growth.
• Competitive Substitutes: Solar power is a key substitute technology, but onshore wind retains its competitiveness due to its suitability in specific geographical locations and established infrastructure.
• M&A Trends: A moderate level of M&A activity is observed, reflecting strategic consolidation and expansion efforts by key players. xx M&A deals were recorded between 2019 and 2024.

India Onshore Wind Energy Market Growth Trends & Insights

This section presents a detailed analysis of the India onshore wind energy market's growth trajectory from 2019 to 2033. We examine historical market size, growth rates (CAGR), and projected future growth. The analysis incorporates factors like changing consumer preferences, technological disruptions, and the evolving regulatory landscape. Specific metrics such as market penetration rates and adoption trends will be examined, providing a comprehensive view of the market's evolution. We will also analyse the impact of various factors such as government policies, technological advancements and economic factors on the overall market growth. This will be done by using both quantitative and qualitative analysis. The analysis will further include a forecast for the market size till 2033 and identify the key drivers and challenges affecting the market.

Dominant Regions, Countries, or Segments in India Onshore Wind Energy Market

This section identifies the leading regions, states, or segments within the Indian onshore wind energy market driving overall growth. Analysis will focus on the contribution of each segment (based on Turbine Capacity) to the overall market, with a detailed breakdown of the 2-3 MW segment (55% market share in 2025) and the >3 MW segment (45% market share in 2025). We will explore factors driving regional dominance, including favorable geographic conditions, supportive government policies, robust infrastructure, and investor confidence. Market share and growth potential of each region will also be analysed.

• Key Drivers: Factors such as favorable wind resources, government incentives, and available land contribute to regional variations in market growth.
• Dominance Factors: The states with the highest installed capacity, substantial investments in wind energy projects, and supportive regulatory environments emerge as the dominant regions.

India Onshore Wind Energy Market Product Landscape

This section provides a concise overview of the product landscape, focusing on the types of wind turbines deployed, their technical specifications (capacity, efficiency), and key features driving their adoption. We will also examine the applications of these technologies, highlighting the sectors and industries that are primarily using them. The analysis will also include performance metrics, such as energy yield and maintenance costs, and how these factors contribute to customer choices and investment decisions. Technological advancements, such as improved blade design and control systems, will also be discussed, along with their impact on market growth.

Key Drivers, Barriers & Challenges in India Onshore Wind Energy Market

This section identifies and analyzes the key drivers and challenges affecting the growth of the India onshore wind energy market.

Key Drivers:

• Government Support: Substantial government initiatives promoting renewable energy and favorable policies.
• Cost Reduction: Decreased turbine costs and improved efficiency boosting market attractiveness.
• Technological Advancements: Innovation in turbine design and energy storage solutions enhancing competitiveness.

Key Challenges:

• Land Acquisition: Difficulties in securing land for wind farm development.
• Grid Integration: Challenges in integrating wind energy into the national grid.
• Intermittency: The intermittent nature of wind power, requiring solutions for grid stability.

Emerging Opportunities in India Onshore Wind Energy Market

This section explores emerging trends and opportunities in the Indian onshore wind energy market. This includes identifying untapped market segments, like hybrid projects integrating wind and solar power, and exploring innovative applications, such as integrating wind energy with microgrids and off-grid solutions. Additionally, it identifies evolving consumer preferences, shifting towards sustainability and renewable sources, which open new avenues for growth in the industry.

Growth Accelerators in the India Onshore Wind Energy Market Industry

Technological advancements, specifically higher capacity wind turbines and enhanced energy storage solutions, are poised to accelerate market growth. Strategic partnerships between developers, manufacturers, and grid operators are also creating synergy, improving project execution and facilitating large-scale deployments. Expansion into new geographical areas with favorable wind resources and policy incentives continues to unlock further growth potential within the market.

Key Players Shaping the India Onshore Wind Energy Market Market

• Enercon GmB
• Siemens Gamesa Renewable Energy SA
• Wind World India Ltd
• Tata Power Company
• Suzlon Energy Limited
• Envision Group
• Inox Wind limited
• Vestas Wind Systems AS
• General Electric Company

Notable Milestones in India Onshore Wind Energy Market Sector

• October 2022: Suzlon Group secures a 144.9 MW order for wind power projects in Gujarat and Madhya Pradesh from the Aditya Birla Group.
• May 2022: India's Minister for Power and New & Renewable Energy announces plans for 30,000 MW of offshore wind power capacity.
• October 2021: GE Renewable Energy secures an 810 MW order for onshore wind turbines from JSW Energy Ltd in Tamil Nadu.

In-Depth India Onshore Wind Energy Market Market Outlook

The Indian onshore wind energy market is projected to experience robust growth over the forecast period (2025-2033), driven by supportive government policies, declining technology costs, and increasing demand for clean energy. Strategic partnerships and investments in innovative technologies will further fuel expansion, creating significant opportunities for industry players. The market's future success hinges on addressing challenges related to land acquisition, grid integration, and ensuring grid stability. However, with continuous advancements and policy support, the Indian onshore wind energy market is well-positioned for sustained growth and substantial contribution to the nation's renewable energy targets.

India Onshore Wind Energy Market Segmentation

• 1. Onshore
• 2. Offshore

India Onshore Wind Energy Market Segmentation By Geography

• 1. India