Report Update Nov 1, 2024

Northern America - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Wind Powered Generator Market 2024

Wind Powered Generator Exports

Exports in Northern America

In 2021, approx. X units of wind powered generating sets were exported in Northern America; approximately mirroring the year before. Over the period under review, exports saw a precipitous setback. The growth pace was the most rapid in 2014 with an increase of 436% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, wind powered generator exports shrank notably to $X in 2021. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2019 with an increase of 805%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Canada (X units), followed by the United States (X units) represented the key exporters of wind powered generating sets, together making up 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United States (with a CAGR of -11.0%).

In value terms, the United States ($X) remains the largest wind powered generator supplier in Northern America, comprising 93% of total exports. The second position in the ranking was taken by Canada ($X), with a 7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at -29.9%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, with a decrease of -35.2% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 when the export price increased by 232% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.8%).

Wind Powered Generator Imports

Imports in Northern America

In 2021, supplies from abroad of wind powered generating sets decreased by -44.7% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 746% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then contracted remarkably in the following year.

In value terms, wind powered generator imports reduced dramatically to $X in 2021. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 132% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Canada prevails in imports structure, reaching X units, which was approx. 97% of total imports in 2021. The United States (X units) followed a long way behind the leaders.

Canada was also the fastest-growing in terms of the wind powered generating sets imports, with a CAGR of +18.3% from 2012 to 2021. The United States (-22.8%) illustrated a downward trend over the same period. While the share of Canada (+55 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-55.4 p.p.) displayed negative dynamics.

In value terms, the United States ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2021.

In terms of the main importing countries, Canada, with a CAGR of -12.7%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, picking up by 9% against the previous year. Overall, the import price, however, showed a sharp shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by 115% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in Northern America?

The United States constituted the country with the largest volume of wind powered generator consumption, accounting for 84% of total volume. Moreover, wind powered generator consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, fivefold.

What are the largest producers of wind powered generating sets in Northern America?

The country with the largest volume of wind powered generator production was the United States, accounting for 84% of total volume. Moreover, wind powered generator production in the United States exceeded the figures recorded by the second-largest producer, Canada, fivefold.

What are the leading suppliers of wind powered generating sets in Northern America?

In value terms, the United States remains the largest wind powered generator supplier in Northern America, comprising 94% of total exports. The second position in the ranking was occupied by Canada, with a 6.2% share of total exports.

What are the leading importers of wind powered generating sets in Northern America?

In value terms, the largest wind powered generator importing markets in Northern America were the United States and Canada.

What is the average export price for wind powered generating sets in Northern America?

The wind powered generator export price in Northern America stood at $10,323 per unit in 2020, increasing by 40% against the previous year.

What is the average import price for wind powered generating sets in Northern America?

In 2020, the wind powered generator import price in Northern America amounted to $48,097 per unit, picking up by 21% against the previous year.

This report provides an in-depth analysis of the wind powered generator market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28112400 - Generating sets, wind-powered

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023