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China Dominates Global Wind Turbine Market in 2024

3/19/2025

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Summary

Story summary

In 2024, China's wind turbine market soared, with domestic giants claiming the top four global spots for the first time. Goldwind topped the charts by adding an impressive 19.3 GW, contributing to a record-breaking total. Meanwhile, a 10% decline in installations outside China underscored the nation's overwhelming lead in renewable energy infrastructure.

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Story summary

In 2024, China's wind turbine market soared, with domestic giants claiming the top four global spots for the first time. Goldwind topped the charts by adding an impressive 19.3 GW, contributing to a record-breaking total. Meanwhile, a 10% decline in installations outside China underscored the nation's overwhelming lead in renewable energy infrastructure.