India Wind Power Market Statistics:

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Market Size in 2025: 49.8 GW

Market Forecast in 2033: 127.9 GW

Market Growth Rate: 11.04% (2025-2033)

The India wind power market size reached 49.8 GW in 2024. Looking forward, IMARC Group expects the market to reach 127.9 GW by 2033, exhibiting a growth rate (CAGR) of 11.04% during 2025-2033.'

India Wind Power Market Trends:

The wind power market in India is during a change that is largely driven by the combination of technological advancements, policy support, and increasing awareness of renewable energy's place in the fight against climate change. In the last few years, the country has taken up a leading position in the world with the help of its intense focus on the utilization of its huge wind potential in states like Tamil Nadu, Gujarat, and Maharashtra. The government has been making a massive contribution to this growth through the favourable measures that are in place. The measures could be incentives for wind power projects, straightening out the approval procedures, and not to mention, the setting of an ambitious renewable energy target.

On the other hand, a decrease in wind turbine technology and at the same time, an increase in efficiency has made the wind power sector more profitable, as a result attracting not only domestic but also foreign investment. The market also shifts towards hybrid projects that combine the power of wind and solar energy which reduces the need for saved space and gives out a more constant power supply. This trend is also backed by the progress made in energy storage solutions that are helping to deal with the intermittency issue that comes with wind energy.

India Wind Power Market Scope and Growth Analysis:

A great one of India's major trends in the Indian wind power market is the growing inclusion of the private sector and the focus on the decentralized and off-grid wind energy solutions through the period. The companies are concentrating their attention to the research and development projects that are dedicated to the introduction �turbines which will not only be more efficient but also will be a lot more cost-effective and are suitable for India�s geographical and climatic conditions. Simultaneously, increasing attention is being given to the replacement of the old wind farms with modern technology that they can utilize to improve their efficiency and prolong their lifespan.

Both the market and electricity supply will derive benefits from the developments in the infrastructure of the grid, new technologies aimed at enhancing renewable energy in the national power grid and such technologies are being developed through government initiatives as well as through international organizations partnerships. Moreover, the identification and realization of CSR programs as part of corporate social responsibility (CSR), as a part of the application of the principles of the circular economy, are the result of the widespread environmental consciousness that is noticed in society. When India is enhanced through the urbanization and advancement of industry, it is going to drive both the wind power market and the reliability of clean and sustainable sources of energy as a major element of the country's transition strategy in this field.

India Wind Power Market Forecast & Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the India wind power market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Download sample copy of the Report: https://www.imarcgroup.com/india-wind-power-market/requestsample

Location Insights:

Onshore

  • Offshore
  • Regional Insights:
    • North India
      • West and Central India
      • South India
      • East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the India wind power industry.

Other Key Points Covered in the Report:

  • COVID-19 Impact on the Market
  • Porter's Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide 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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