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Wind Turbines in the US Procurement Price, Data and Insights
Wind turbines are an energy source technology designed to convert energy from the wind into usable electricity, helpful in reducing reliance on fossil fuels. They exist in various sizes, from small residential models to larger commercial units used in wind farms. Typical wind turbines are divided into two primary categories: onshore and offshore wind turbines. Key buyers of wind turbines typically include utility companies, independent power producers, governmental agencies, and increasingly, corporations seeking to reduce their carbon footprint with renewable energy sources.
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What’s included in this market coverage
IBISWorld's research coverage on the Wind Turbines procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Wind Turbines market in the United States includes Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine, Offshore Wind Turbine and Direct Drive Wind Turbine. Standard coding in this coverage includes HS-8412-Engines And Motors; N.E.C. (E.G. Reaction Engines, Hydraulic Power Engines, Pneumatic Power Engines), ISIC-2811-Manufacture of engines and turbines, except aircraft, vehicle and cycle engines, NACE-28.11-Manufacture Of Engines And Turbines, Except Aircraft, Vehicle And Cycle Engines, NAICS-333611-Turbine and Turbine Generator Set Units Manufacturing and UNSPSC-26111603-Wind generators.
What common market terminology is included?
Common market terminology included in the Wind Turbines procurement coverage includes Megawatt (MW) (A unit of power that represents on million watts.), Onshore Wind Turbine (A type of wind turbine that is installed on land, typically in locations such as open fields, plains, hills, or even coastal areas.) and Offshore Wind Turbine (A type of wind turbine that is installed in bodies of water, such as oceans, seas, or large lakes. These turbines harness the energy of the wind over water to generate electricity, making use of the strong and consistent winds found in offshore environments.).
What companies are included as top suppliers?
The top companies covered in the Wind Turbines procurement report as suppliers are Suzlon Energy Limited, Shanghai Electric Group Co., Ltd, Envision Group USA Limited, Enercon GmbH and Xinjiang Goldwind Science & Tech Co Ltd.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Wind Turbines market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per 2-3 megawatt (MW) capacity of electricity, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Wind Turbines market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Wind Turbines procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Wind Turbines market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Wind Turbines market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Wind Turbines?
The 2026 benchmark market price for Wind Turbines is $3644610 per 2-3 megawatt (MW) capacity of electricity. Prices have increased at a CAGR of 1.97 from 2023-26.
Who are the top vendors in the Wind Turbines market?
The top vendors in the Wind Turbines market include Suzlon Energy Limited, Shanghai Electric Group Co., Ltd, Envision Group USA Limited, Enercon GmbH and Xinjiang Goldwind Science & Tech Co Ltd.
What industries supply the Wind Turbines market?
The top industries supplying the Wind Turbines market are Aluminum Manufacturing in the US, Electric Power Transmission in the US, Copper Rolling, Drawing & Extruding in the US, Copper, Nickel, Lead & Zinc Mining in the US, Iron & Steel Manufacturing in the US and Iron Ore Mining in the US.
What is the supply chain risk for Wind Turbines?
High supply chain risk from volatile global input sourcing and material concentration. Persistent shortages and price spikes for critical materials such as steel, rare earth elements, and specialized turbine components, most of which are sourced internationally, continue to drive supply chain risk for buyers. Buyers should diversify their supplier base, prioritize vendors with transparent sourcing and alternative material strategies, and build contract flexibility to mitigate disruption and pricing volatility.
What factors affect the price of Wind Turbines?
Warranty and support services are critical factors in the pricing of wind turbines, as they ensure reliability and reduce operational risks for buyers. For instance, extended warranties or comprehensive maintenance packages can add substantial value, often reflected in a higher upfront cost, while the length and coverage of warranty terms are typically measured through industry standards and customer expectations.
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