Beyond Dawlish
India Wind Energy Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 11% (2025-2033)
India wind energy sector is thriving. It’s growing fast due to good policies and more investment in renewable energy. Going green opens up a world of development and innovation. According to the latest report by IMARC Group, the India wind energy market size reached 49.8 GW in 2024. Looking forward, IMARC Group expects the market to reach 141.9 GW by 2033, exhibiting a growth rate (CAGR) of 11% during 2025-2033.
Download a sample copy of the Report: https://www.imarcgroup.com/india-wind-energy-market/requestsample
India Wind Energy Trends and Drivers:
The wind energy market in India is growing quickly. This is part of a bigger goal to reach 500 GW of renewable energy. Supportive policies help progress. Examples include the Wind Energy Hybrid Policy and tariff-based bidding for wind projects. This attracts both local and global investors. Gujarat, Tamil Nadu, and Karnataka are the top states. They have great wind power potential and strong infrastructure. Lower wind turbine costs and better new models make wind energy more affordable. There is a growing trend in the market for hybrid projects. These projects combine wind with solar or storage solutions. This mix offers a steady power supply and boosts grid stability. These trends promise a bright future for wind energy in India. They also help reduce carbon footprints and meet global climate goals.
These companies invest heavily in wind projects. They also use advanced technology like AI and IoT. This helps improve turbine performance and allows for better predictive maintenance. Land acquisition, grid connectivity, and regulatory delays are common hurdles for interested parties. The government is rolling out a new approval process. They offer financial perks like tax breaks and low-interest loans. These help tackle the challenges. The market is growing. This is due to more consumer awareness and higher corporate demand for clean energy. That's why many industries are now using wind to meet their sustainability goals. As cities grow and industries expand, India will need more clean energy. So wind energy will play a key role in the energy mix. Supportive policies, tech advancements, and private funding will grow India's wind energy sector. These factors will help it thrive in the long run.
Our comprehensive India wind energy market outlook reflects both short-term tactical and long-term strategic planning. This analysis is essential for stakeholders aiming to navigate the complexities of the market and capitalize on emerging opportunities.
India Wind Energy Industry Segmentation:
The report has segmented the market into the following categories:
Component Insights:
- Turbine
- Support Structure
- Electrical Infrastructure
- Others
Rating Insights:
- ≤ 2 MW
- >2 ≤ 5 MW
- >5 ≤ 8 MW
- >8 ≤ 10 MW
- >10 ≤ 12 MW
- > 12 MW
Installation Insights:
- Offshore
- Onshore
Turbine Type Insights:
- Horizontal Axis
- Vertical Axis
Application Insights:
- Utility
- Industrial
- Commercial
- Residential
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The competitive landscape of the industry has also been examined, along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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