Wind Power Market To Witness A Significant Growth Of USD 165.99 Billion By 2030
San Francisco, 22 Dec 2022: The Report Wind Power Market Size, Share & Trends Analysis Report By Location (Onshore, Offshore), By Application (Utility, Non-utility), By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa), And Segment Forecasts, 2022 – 2030 The global wind power market size is expected to reach USD 165.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% from 2022 to 2030. The increasing demand for clean and affordable energy is expected to drive the growth of the market. The adoption of wind power is increasing at a significant pace owing to the increasing viability of wind power for large-scale energy production. Governments across various nations have been supporting the use of renewable energy sources including solar power, hydropower, wind power, and biomass. Regulatory bodies are emphasizing on reducing carbon footprints and reducing reliance on conv