Denmark leads the European wind turbine production with €5.7492 billion in 2024, followed by Germany at €2.7882 billion, and Spain at €1.4193 billion. Estonia and Italy have much smaller production values, at €0.018929 billion and €0.004165 billion respectively. In 2023, Denmark, Germany, and Estonia saw year-on-year growth of 5.09%, 11.97%, and 21.87%. The Compound Annual Growth Rate (CAGR) over the last five years indicates steady increases in Germany and Estonia, suggesting a vibrant, albeit varying, growth across different nations.
Future trends to watch for European Sold Production of Wind Turbines by Country include:
- A potential acceleration in production scaling, particularly in Germany and Denmark, driven by stronger policy support and technological advancements.
- Increased production capacity in emerging players like Estonia, indicating broader geographical diversification in Europe.
- Continued focus on sustainable energy initiatives, which may drive further investments and growth across the continent.
Top countries in Sold Production of Wind Turbines by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 5,749,200,000 | 2023 | +14.67% | +5.09% | View data |
| 2 | 2 Germany | 2,788,200,000 | 2023 | +3.89% | +11.97% | View data |
| 3 | 3 Spain | 1,419,300,000 | 2021 | +6.46% | View data | |
| 4 | 4 Estonia | 18,929,000 | 2023 | +25.64% | +21.87% | View data |
| 5 | 5 Italy | 4,165,000 | 2021 | +724.75% | View data |
