The global wind sector will install its second terawatt of capacity by 2030, adding in seven years what took 23 to reach in 2023, according to Wood Mackenzie.
The latest Global Wind Power Market Outlook shows capacity additions will hit a record 170GW in 2025, with more than 70GW due in the final quarter alone.
Annual additions are forecast to exceed 170GW post-2028 and peak at 200GW in 2034.
China continues to drive expansion, with upgrades to its onshore forecast fuelled by data centre demand and liberalised power markets.
Offshore progress in the country faces disruption from sea-use conflicts, which have delayed or halted projects.
“China’s dominance in the wind industry is becoming more pronounced,” said Sasha Bond-Smith, research analyst at Wood Mackenzie.
Outside China, the US faces fundamental restructuring following the July passage of the One Big Beautiful Bill Act, which ends tax credits for new wind projects after 2027.
The shift has prompted a short-term surge in activity but pushed the country below India and Germany in 10-year outlook rankings.
Onshore wind markets in Europe, Asia Pacific and emerging economies remain stable with solid pipelines, though tender setbacks and higher costs continue to challenge offshore growth.
“The wind industry’s most significant transformation in decades continues to unfold,” said Kárys Prado, senior research analyst at Wood Mackenzie.
“We’re now racing toward 2TW by 2030. While achieving historic scale, success will depend on how effectively the industry navigates this new geography of growth and adapts to evolving policy landscapes.”