Europe, South America Onshore Wind…Europe, South America Onshore Wind Markets Forecast Growth

MarketsandMarkets forecasts substantial expansion in onshore wind markets across the rest of Europe and South America between 2026 and 2031. The reports attribute growth to renewable-energy policy, rising electricity demand, favorable wind resources, grid investment, declining installation costs, improved turbine technology, and corporate or government-backed procurement. Repowering and larger, digitally optimized turbines are presented as opportunities to improve output, reliability, and project economics.