Global wind turbine market reaches record installations
The global wind turbine market reached a new turning point in 2025 in terms of both scale and industrial balance.
According to the report Global Wind Turbine Market Shares 2025 published by BloombergNEF, developers installed 169 gigawatts of new wind capacity worldwide last year, the highest annual level ever recorded and the third consecutive year of record growth.
New capacity increased by 38% compared with 2024, signaling a strong acceleration in the development of wind power.
Almost all new installations were onshore projects. A total of 161 GW, or 95% of the global total, were installed on land, while offshore projects accounted for 8 GW.
The data also reveal a profound shift in the industrial geography of the sector. Eight of the world’s top ten wind turbine manufacturers are now Chinese companies, and global installation growth was largely driven by China’s domestic market.
In a surprising development, India became the largest wind market outside China, overtaking the United States and Germany.
Wind turbine installations in 2025
In 2025, wind developers commissioned 169 GW of new wind turbines globally, setting a new record for annual installations.
Growth was particularly strong in the onshore segment. Land-based projects accounted for 161 GW of new global capacity, while offshore wind added 8 GW.
According to BloombergNEF, the expansion pace confirms wind power’s central role in the global energy transition.
At the same time, the analysis of manufacturer market shares highlights a major shift in the industry’s competitive balance, with Asian companies playing an increasingly dominant role in turbine production.
China dominates the global wind turbine market
The main driver of sector growth in 2025 was the Chinese market.
China became the first country in the world to install more than 100 GW of new wind capacity in a single year, strengthening the industrial weight of domestic turbine manufacturers.
In the global ranking published by BloombergNEF, the top six positions are held by Chinese companies.
The global leader remains Goldwind, which installed 29.3 GW of turbines in 2025 and retained the top position worldwide. It is followed by Envision Energy with 20.9 GW, while Mingyang Smart Energy and Windey Energy Technology occupy the next positions. The top six are completed by Sany Renewable Energy and Dongfang Electric, both with roughly 13.5 GW installed.
Cristian Dinca, wind associate at BloombergNEF and lead author of the report, noted that “thanks to stable long-term energy policy support, wind installations have increasingly concentrated in mainland China over the past decade.”
Chinese companies also benefited from the rush to complete projects ahead of electricity market reforms and to meet targets set under China’s five-year planning framework.
Chinese manufacturers expand globally
Despite their strong reliance on the domestic market, Chinese turbine manufacturers are accelerating their international expansion.
In 2025, 93% of the capacity installed by Chinese companies was deployed within China. While still extremely high, this share was lower than the 99% recorded in 2024.
The shift suggests export strategies are beginning to produce results. Envision Energy and Goldwind were among the most active companies in overseas markets.
Oliver Metcalfe, head of wind research at BloombergNEF, said the trend signals “the emergence of Chinese manufacturers as true global players, as installed capacity abroad increased eightfold over the past year.”
According to Metcalfe, Chinese companies are leveraging lower manufacturing costs and faster delivery times to enter new markets and compete with established suppliers across Latin America, the Middle East, Africa and Asia.
Other countries driving the global wind turbine market
Outside China, wind installations also grew significantly.
In 2025, new projects in international markets increased by 17% year over year, reaching 43 GW of new capacity.
For the first time in the modern history of the industry, India surpassed the United States and Germany to become the largest wind market outside China.
According to Siddharth Shetty, lead analyst for India at BloombergNEF, “India fully deserves its place as the world’s second-largest wind market.”
The country’s growth has been supported by complex renewable energy auctions introduced in 2018, which often require developers to integrate multiple renewable technologies or build projects larger than the contracted capacity.
Vestas loses ground in the global wind turbine market
Among Western manufacturers, the most notable shift concerns Vestas, historically one of the global leaders in wind turbine manufacturing.
The Danish group remains the largest turbine supplier outside China. However, in the global ranking it fell to seventh place in 2025.
This marks the first time since 2013, the year BloombergNEF began publishing its manufacturer rankings, that Vestas has dropped out of the global top five.
Despite the ranking decline, the company still maintains the widest geographic footprint among turbine manufacturers, with projects commissioned in 28 different markets in 2025.
Offshore wind market slows after three years of growth
The offshore segment experienced a slowdown after three consecutive years of expansion.
In 2025, about 8.1 GW of new offshore wind capacity were installed globally, representing a contraction of roughly one-third compared with the previous year.
According to BloombergNEF, the slowdown was mainly caused by project delays in China and France. Political challenges also affected the sector in the United States, where activity temporarily stalled.
In the offshore segment, the leading turbine supplier was Siemens Energy, which for the second consecutive year surpassed Chinese manufacturer Goldwind.
However, BloombergNEF expects offshore installations to rebound in 2026 as delayed projects and new industrial facilities in the North Sea come online.