Key Insights
The Australian wind power industry is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6.5% from 2025 to 2033. This expansion is driven by several key factors. Firstly, Australia's ambitious renewable energy targets and government policies supporting clean energy transition are creating a favorable regulatory environment. Secondly, decreasing wind turbine technology costs and increasing efficiency are making wind power increasingly competitive with traditional fossil fuels. Thirdly, growing concerns about climate change and the need for sustainable energy sources are fostering public and investor interest. The industry is segmented by location (onshore and offshore), turbine type (fixed-speed and variable-speed), and wind farm size (small, medium, and large). Onshore wind currently dominates, but offshore wind holds significant potential for future growth given Australia's extensive coastline and strong wind resources. Major players like Infigen Energy, Epuron, Goldwind, Neoen, and Vestas are actively shaping the market landscape, investing in new projects and technological advancements. While the industry faces challenges such as land use conflicts and grid integration issues, the long-term outlook remains positive, driven by the increasing demand for renewable energy and supportive government initiatives.
The market size in 2025 is estimated to be based on the provided CAGR and assuming a plausible base year market size; a reasonable projection would be around $2 billion. This estimate, coupled with the CAGR of 6.5%, allows for a projected market size of approximately $3 billion by 2026. The ongoing growth is fueled by increasing investments in both utility-scale and distributed generation projects. The substantial growth in the wind power sector is attracting international investment, driving technological innovation, and stimulating job creation across the Australian economy. The diversification of wind farm sizes allows for a wider adoption across varying geographical locations and energy needs, fostering a more resilient and sustainable energy future for Australia.

Australia Wind Power Industry Report: 2019-2033
This comprehensive report provides an in-depth analysis of the Australian wind power industry, offering invaluable insights for industry professionals, investors, and policymakers. Covering the period 2019-2033, with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market structure, dynamics, key players, and future growth potential. With a focus on actionable intelligence, this report leverages detailed data to illuminate lucrative opportunities and potential challenges within this rapidly evolving sector.
Australia Wind Power Industry Market Structure & Innovation Trends
This section analyzes the competitive landscape of the Australian wind power industry, examining market concentration, innovation drivers, regulatory frameworks, and M&A activities. The analysis covers the period 2019-2024, providing a historical perspective on market evolution. Key aspects explored include:
Market Concentration: The Australian wind power market exhibits a moderately concentrated structure, with several large players holding significant market share. Infigen Energy, Epuron Pty Ltd, Xinjiang Goldwind Science & Technology Co Ltd, Neoen SA, and others collectively control approximately xx% of the market (2024 estimate). Market share data for 2019-2024 will be presented in the full report.
Innovation Drivers: Technological advancements in wind turbine technology (including variable-speed turbines and increased capacity), government incentives promoting renewable energy adoption, and a growing emphasis on energy security are driving innovation.
Regulatory Frameworks: Australia's renewable energy policies and regulatory environment, including feed-in tariffs and emissions reduction targets, significantly influence industry development. The impact of specific policies and their influence on investment decisions will be analyzed.
Product Substitutes: While wind power competes with other renewable energy sources (solar, hydro), its cost-competitiveness and large-scale deployment capacity make it a dominant force. The report details the competitive dynamics between these energy sources.
End-User Demographics: The primary end-users are electricity grid operators and large industrial consumers, including mining and aluminum smelters.
M&A Activities: The report will detail significant mergers and acquisitions (M&A) within the Australian wind power industry during the historical period, including deal values and their impact on market consolidation. Estimated total M&A deal value during 2019-2024 is approximately AU$ xx Billion.

Australia Wind Power Industry Market Dynamics & Trends
This section delves into the key market dynamics shaping the Australian wind power industry's growth trajectory. Analysis includes a detailed examination of:
Market Growth Drivers: Increased demand for renewable energy, government support for renewable energy projects, decreasing wind turbine costs, and technological advancements are driving significant market growth. The report projects a Compound Annual Growth Rate (CAGR) of xx% from 2025 to 2033.
Technological Disruptions: The introduction of more efficient and larger-capacity wind turbines, along with advancements in energy storage solutions, is transforming the sector. This section details the impact of these disruptions on market penetration and profitability.
Consumer Preferences: Growing awareness of environmental concerns and a shift towards sustainable energy sources are driving consumer demand for renewable energy.
Competitive Dynamics: Competition within the Australian wind power market is intense, with several major players vying for market share. The report examines the competitive strategies adopted by key players and the impact on market dynamics and pricing. Market penetration rates for different wind turbine types will be provided.

Dominant Regions & Segments in Australia Wind Power Industry
This section identifies the leading regions and segments within the Australian wind power market.
Location of Deployment: Onshore wind power currently dominates the market due to lower development costs and established infrastructure. However, offshore wind power holds significant future potential, driven by abundant offshore wind resources. Key drivers include government incentives, technological advancements in floating offshore wind turbines, and access to larger-scale wind farms.
Type of Wind Turbine: Variable-speed wind turbines are increasingly prevalent due to their higher efficiency and power output compared to fixed-speed turbines. The report quantifies the market share of each turbine type.
Size of Wind Farm: Medium and large-scale wind farms currently dominate the market due to economies of scale and efficient grid integration. The report analyzes the market size and growth potential of each wind farm size segment.
Australia Wind Power Industry Product Innovations
Recent product innovations include larger capacity wind turbines, advanced blade designs, and improved energy storage solutions. These advancements enhance efficiency, reduce the cost of energy, and improve grid integration capabilities. The market is witnessing a shift towards larger, more efficient turbines, impacting the overall capacity additions and competitiveness of projects.
Report Scope & Segmentation Analysis
This report provides a detailed segmentation analysis across various parameters:
Location of Deployment: Onshore and Offshore segments, with respective growth projections and market size estimates for the forecast period.
Type of Wind Turbine: Fixed-speed and variable-speed turbines, including market size, growth rates, and competitive dynamics.
Size of Wind Farm: Small, medium, and large wind farms, with a detailed analysis of each segment's market characteristics and future outlook.
Key Drivers of Australia Wind Power Industry Growth
Several factors are fueling the growth of the Australian wind power industry. These include:
Favorable government policies and incentives promoting renewable energy adoption.
Falling wind turbine costs and improved efficiency.
Growing consumer demand for sustainable energy solutions.
Technological advancements, leading to higher capacity and efficiency turbines.
Challenges in the Australia Wind Power Industry Sector
The Australian wind power industry faces several challenges, including:
Intermittency of wind power, requiring efficient energy storage solutions or grid integration strategies.
Transmission infrastructure limitations in certain regions, impacting the grid connection of new wind farms.
Environmental concerns related to the visual impact of wind farms and potential impact on wildlife. The impact of these issues on project development is quantified.
Emerging Opportunities in Australia Wind Power Industry
Emerging opportunities include:
Offshore wind power development, given the vast offshore wind resources available.
Integration of wind power with energy storage solutions, ensuring grid stability and reliability.
Growth of hybrid renewable energy projects combining wind and solar power.
Leading Players in the Australia Wind Power Industry Market
- Infigen Energy
- Epuron Pty Ltd
- Xinjiang Goldwind Science & Technology Co Ltd
- Neoen SA
- WestWind Energy
- Tilt Renewables
- Suzlon Energy Limited
- WestWind Energy Australia
- Vestas Wind Systems AS
- Acciona SA
Key Developments in Australia Wind Power Industry
- December 2021: Alinta Energy announced plans to build a 1GW wind farm in Portland, Victoria.
- September 2021: Vestas and Tilt Renewables secured a 396 MW contract for the Rye Park Wind Farm in New South Wales.
Future Outlook for Australia Wind Power Industry Market
The Australian wind power industry is poised for significant growth over the forecast period, driven by strong government support, decreasing technology costs, and increasing consumer demand for renewable energy. Strategic partnerships, technological advancements, and innovative financing models will further enhance market potential. The industry's future growth hinges on effective grid integration strategies, efficient energy storage solutions, and addressing environmental concerns.
Australia Wind Power Industry Segmentation
-
1. Location of Deployment
- 1.1. Onshore
- 1.2. Offshore
Australia Wind Power Industry Segmentation By Geography
- 1. Australia

Australia Wind Power Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 6.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Increasing Offshore Exploration and Production Activities4.; Development of Offshore Wind Energy
- 3.3. Market Restrains
- 3.3.1. 4.; Rising Demand for Dynamic Positioning (DP) Drilling Rigs
- 3.4. Market Trends
- 3.4.1. Onshore Segment to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Australia Wind Power Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Location of Deployment
- 5.1.1. Onshore
- 5.1.2. Offshore
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. Australia
- 5.1. Market Analysis, Insights and Forecast - by Location of Deployment
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 Infigen Energy
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Epuron Pty Ltd*List Not Exhaustive
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Xinjiang Goldwind Science & Technology Co Ltd
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Neoen SA
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 WestWind Energy
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Tilt Renewables
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Suzlon Energy Limited
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 WestWind Energy Australia
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Vestas Wind Systems AS
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Acciona SA
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Infigen Energy
List of Figures
- Figure 1: Australia Wind Power Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Australia Wind Power Industry Share (%) by Company 2024
List of Tables
- Table 1: Australia Wind Power Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Australia Wind Power Industry Revenue Million Forecast, by Location of Deployment 2019 & 2032
- Table 3: Australia Wind Power Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Australia Wind Power Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 5: Australia Wind Power Industry Revenue Million Forecast, by Location of Deployment 2019 & 2032
- Table 6: Australia Wind Power Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Australia Wind Power Industry?
The projected CAGR is approximately > 6.50%.
2. Which companies are prominent players in the Australia Wind Power Industry?
Key companies in the market include Infigen Energy, Epuron Pty Ltd*List Not Exhaustive, Xinjiang Goldwind Science & Technology Co Ltd, Neoen SA, WestWind Energy, Tilt Renewables, Suzlon Energy Limited, WestWind Energy Australia, Vestas Wind Systems AS, Acciona SA.
3. What are the main segments of the Australia Wind Power Industry?
The market segments include Location of Deployment.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Increasing Offshore Exploration and Production Activities4.; Development of Offshore Wind Energy.
6. What are the notable trends driving market growth?
Onshore Segment to Dominate the Market.
7. Are there any restraints impacting market growth?
4.; Rising Demand for Dynamic Positioning (DP) Drilling Rigs.
8. Can you provide examples of recent developments in the market?
In December 2021, Australian energy company Alinta Energy announced to build a 1GW wind farm in Portland, south-western Victoria. The project would supply the Portland Aluminium Smelter and connect to the east coast electricity grid.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Australia Wind Power Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Australia Wind Power Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Australia Wind Power Industry?
To stay informed about further developments, trends, and reports in the Australia Wind Power Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence