Mexico Onshore Wind Energy Market

Mexico Onshore Wind Energy Market Research Report: By Turbine Type (Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine, Small Wind Turbine, Offshore Turbine, Distributed Wind Turbine), By Technology (Gear Drive Technology, Direct Drive Technology, Superconducting Technology, Variable Speed Technology), By Installation Type (Onshore Installations, Hybrid Installations, Repowering Installations) andBy Application (Utility Scale, Community Scale, Distributed Generation)- Forecast to 2035
ID: MRFR/EnP/53852-HCR 200 Pages MRFR Team Last Updated: September 17, 2026
Mexico Onshore Wind Energy Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)4.03%
2024 Market Size$ 1.45 Billion
2025 Market Size$ 1.5 Billion
2035 Market Size$ 2.23 Billion
Key Players
Enel Green Power
Acciona Energy
Iberdrola
Vestas Wind Systems
Siemens Gamesa Renewable Energy
GE Renewable Energy
Opportunities
  • Growing Energy Demand
  • Technological Innovations
  • Government Incentives and Support

Mexico Onshore Wind Energy Market Summary

As per MRFR analysis, the Mexico Onshore Wind Energy Market Size was estimated at 1.45 USD Billion in 2024. The Mexico Onshore Wind Energy industry is projected to grow from 1.5 in 2025 to 2.23 by 2035, exhibiting a compound annual growth rate (CAGR) of 4.03 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Mexico Onshore Wind Energy Market is poised for substantial growth driven by supportive policies and technological advancements.

  • The largest segment in the Mexico Onshore Wind Energy Market is the utility-scale wind farms, which dominate the overall capacity.
  • The fastest-growing segment is the distributed wind generation, reflecting a shift towards localized energy solutions.
  • Government support and incentives are crucial in fostering investment and innovation within the wind energy sector.
  • Rising energy demand and international partnerships are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 1.45 (USD Billion)
2035 Market Size 2.23 (USD Billion)
CAGR (2025 - 2035) 4.03%

Major Players

Enel Green Power (IT), Acciona Energy (ES), Iberdrola (ES), Vestas Wind Systems (DK), Siemens Gamesa Renewable Energy (ES), GE Renewable Energy (US), EDP Renewables (PT), Nordex (DE), Mitsubishi Power (JP)

Mexico Onshore Wind Energy Market Drivers

Growing Energy Demand

The rising demand for energy in Mexico is a significant driver for the Mexico Onshore Wind Energy Market. As the country continues to industrialize and urbanize, the need for sustainable and reliable energy sources has become increasingly critical. According to the Mexican Energy Regulatory Commission, electricity demand is projected to grow by approximately 3% annually over the next decade. This growing energy demand presents a substantial opportunity for the wind energy sector, as it can provide a clean and renewable source of electricity. The Mexico Onshore Wind Energy Market is well-positioned to meet this demand, contributing to energy security and reducing reliance on fossil fuels.

Technological Innovations

Technological advancements play a pivotal role in shaping the Mexico Onshore Wind Energy Market. Innovations in turbine design, energy storage solutions, and grid integration technologies have enhanced the efficiency and reliability of wind energy generation. For example, the deployment of larger and more efficient turbines has led to increased energy output, making wind energy more competitive with traditional fossil fuels. As of 2025, the average capacity of onshore wind turbines in Mexico has reached approximately 2.5 MW, reflecting a trend towards larger installations. These technological improvements not only reduce the cost of energy production but also contribute to the overall growth and sustainability of the Mexico Onshore Wind Energy Market.

Government Incentives and Support

The Mexico Onshore Wind Energy Market benefits from a robust framework of government incentives and support mechanisms. The Mexican government has established various programs aimed at promoting renewable energy, including wind energy. These initiatives include tax incentives, grants, and favorable financing options for wind energy projects. For instance, the Energy Transition Law, enacted in 2015, aims to increase the share of renewable energy in the national energy mix to 35% by 2024. This legislative support is crucial for attracting investments in the Mexico Onshore Wind Energy Market, as it provides a stable regulatory environment that encourages both domestic and foreign investors to participate in wind energy projects.

Environmental and Climate Commitments

Mexico's commitment to environmental sustainability and climate change mitigation is a driving force behind the Mexico Onshore Wind Energy Market. The country has set ambitious targets to reduce greenhouse gas emissions and increase the share of renewable energy in its energy mix. As part of its Nationally Determined Contributions under the Paris Agreement, Mexico aims to generate 50% of its electricity from renewable sources by 2025. This commitment not only aligns with The Mexico Onshore Wind Energy Industry for investors and stakeholders. The focus on sustainability is likely to drive further investments and innovations in wind energy, contributing to a cleaner energy future.

International Investment and Partnerships

International investment and partnerships are crucial for the expansion of the Mexico Onshore Wind Energy Market. The country has attracted significant foreign direct investment in renewable energy, particularly from European and North American companies. These investments not only bring capital but also advanced technologies and expertise that enhance the local wind energy sector. For instance, partnerships with international firms have facilitated the development of large-scale wind farms, such as the 396 MW La Ventosa project in Oaxaca. Such collaborations are likely to continue, fostering innovation and growth within the Mexico Onshore Wind Energy Market, while also creating jobs and boosting the local economy.

Market Segment Insights

By Application: Electricity Generation (Largest) vs. Grid Stabilization (Fastest-Growing)

In the Mexico Onshore Wind Energy Market, the application segments show a clear distribution of market share with Electricity Generation being the largest contributor. This segment accounts for a significant portion of energy production, harnessing wind resources effectively to provide clean energy to the grid. In addition, Power Supply for Industrial Use and Power Supply for Residential Use also play crucial roles, contributing to the increasing demand for sustainable energy solutions across various sectors in Mexico. The growth trends in this market segment indicate a shift towards renewable energy solutions driven by government policies and public awareness around climate change. Grid Stabilization has emerged as the fastest-growing segment as utilities focus on balancing supply and demand with intermittent renewable sources. The demand for reliable and stable power is pushing innovations in energy storage and grid technology, making this segment a focal point for future investments and developments.

Electricity Generation (Dominant) vs. Grid Stabilization (Emerging)

Electricity Generation stands out as the dominant application in the Mexico Onshore Wind Energy Market, serving as the backbone for both residential and industrial energy needs. This segment is characterized by the establishment of wind farms that efficiently convert wind kinetic energy into electricity, directly supporting national energy targets and sustainability goals. Conversely, Grid Stabilization is emerging as a key player, addressing challenges related to variable wind energy. Innovations in technologies such as energy storage systems and smart grid solutions are enhancing the reliability of wind power. As the Mexican energy landscape evolves, these two segments are set to play integral roles, with Electricity Generation maintaining a stronghold while Grid Stabilization races to improve energy security.

By Technology Type: Horizontal Axis Wind Turbine (Largest) vs. Vertical Axis Wind Turbine (Fastest-Growing)

In the Mexico Onshore Wind Energy Market, Horizontal Axis Wind Turbines (HAWTs) constitute the largest segment, dominating the market with a significant share. Their established technology and efficiency in power generation make them a preferred choice among developers. In contrast, Vertical Axis Wind Turbines (VAWTs) are gaining traction, albeit from a smaller base, as their unique design offers benefits in areas with turbulent wind conditions, presenting emerging opportunities.

Technology: HAWT (Dominant) vs. VAWT (Emerging)

Horizontal Axis Wind Turbines (HAWTs) dominate the Mexico Onshore Wind Energy Market due to their high efficiency and performance in consistent wind conditions. They are extensively deployed and favored by large projects due to their proven technology and ability to generate more power. On the other hand, Vertical Axis Wind Turbines (VAWTs), while less common, are emerging in the market landscape. Their design allows for better performance in turbulent airflows, making them suitable for urban environments and smaller installations. As tech advancements occur, VAWTs are expected to see increased adoption, positioning them as a competitor to HAWTs.

By Project Size: Large Scale Projects (Largest) vs. Utility Scale Projects (Fastest-Growing)

In the Mexico Onshore Wind Energy Market, project size segmentation reveals a clear distinction in market share distribution. Large Scale Projects dominate the market, driven by substantial investments and the strategic focus of both private and public sectors on renewable energy. Following closely are Medium Scale Projects, which cater to specific regional needs, while Small Scale Projects hold a smaller share, appealing to localized power demands. Growth trends within this segment indicate a strong movement towards Utility Scale Projects, recognized as the fastest-growing category. This growth can be attributed to evolving technology, government policies favoring renewable installations, and increasing demand for clean energy. The commitment to sustainability and carbon reduction is prompting stakeholders to explore larger capacity projects that can produce significant energy outputs efficiently.

Large Scale Projects (Dominant) vs. Utility Scale Projects (Emerging)

Large Scale Projects in the Mexico Onshore Wind Energy Market represent a dominant force, characterized by high-capacity installations and extensive infrastructure. They benefit from economies of scale, resulting in lower costs per megawatt of energy produced. These projects often receive favorable governmental support and are linked to long-term energy purchase agreements, ensuring financial viability and stability. On the other hand, Utility Scale Projects are emerging rapidly, driven by technological advancements that make them more efficient and cost-effective. These projects are increasingly popular among investors looking for sustainable energy solutions, as they are designed to support grid-scale operations and meet rising energy demands while also adhering to environmental regulations. The juxtaposition of these two categories highlights the varied approaches to expanding the wind energy sector in Mexico.

By Ownership Type: Public Ownership (Largest) vs. Private Ownership (Fastest-Growing)

In the Mexico Onshore Wind Energy Market, the ownership type segment is primarily characterized by a mix of public and private interests. Public ownership holds the largest share, as government initiatives and financing greatly bolster the establishment of wind energy projects. Meanwhile, private ownership, particularly among multinational corporations, is rapidly gaining momentum, with several key players entering the Mexican market to capitalize on the growing demand for renewable energy solutions.

Public Ownership (Dominant) vs. Private Ownership (Emerging)

Public ownership in the Mexico Onshore Wind Energy Market is characterized by significant government involvement, which ensures stable investments and the facilitation of large-scale projects. The government views these projects as crucial for achieving energy sustainability goals. On the other hand, private ownership is emerging as a strong force in this market due to increased competition and innovative strategies brought in by private companies. These entities are committed to leveraging advanced technology and capitalizing on favorable policies that support renewable energy investment, thus enabling them to scale rapidly and meet the rising energy demands.

Get more detailed insights about Mexico Onshore Wind Energy Market

Key Players and Competitive Insights

The Mexico Onshore Wind Energy Market is characterized by a dynamic competitive landscape, driven by a combination of regulatory support, technological advancements, and increasing demand for renewable energy. Key players such as Enel Green Power (IT), Acciona Energy (ES), and Siemens Gamesa Renewable Energy (ES) are actively shaping the market through strategic initiatives. Enel Green Power (IT) focuses on expanding its renewable portfolio, leveraging innovative technologies to enhance efficiency and reduce costs. Acciona Energy (ES) emphasizes sustainability and local partnerships, aiming to strengthen its foothold in the region. Siemens Gamesa Renewable Energy (ES) is committed to digital transformation, integrating advanced analytics and AI into its operations to optimize performance and maintenance. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and sustainability.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set benchmarks for technology and operational standards. This competitive structure fosters an environment where smaller firms may struggle to keep pace with the rapid advancements and capital requirements of larger entities.

In January 2026, Enel Green Power (IT) announced the commissioning of a new wind farm in Oaxaca, which is expected to generate approximately 300 MW of clean energy. This strategic move not only reinforces Enel's commitment to expanding its renewable energy footprint but also aligns with Mexico's goals for energy transition and sustainability. The project is likely to enhance the company's competitive edge by increasing its capacity and improving its market position.

In December 2025, Acciona Energy (ES) secured a partnership with local communities in Baja California to develop a new wind project. This collaboration is significant as it demonstrates Acciona's focus on community engagement and sustainable development. By fostering local partnerships, the company may enhance its reputation and operational efficiency, potentially leading to smoother project execution and increased stakeholder support.

In November 2025, Siemens Gamesa Renewable Energy (ES) launched a new digital platform aimed at optimizing wind turbine performance through real-time data analytics. This initiative is indicative of the company's commitment to digitalization and innovation. By harnessing data, Siemens Gamesa could improve maintenance schedules and reduce downtime, thereby enhancing overall operational efficiency and customer satisfaction.

As of February 2026, the competitive trends in the Mexico Onshore Wind Energy Market are increasingly defined by digitalization, sustainability, and strategic alliances. Companies are likely to focus on integrating advanced technologies and forming partnerships to enhance their competitive positioning. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is becoming more pronounced. This evolution suggests that future competitive differentiation will hinge on the ability to adapt to technological advancements and meet the growing demand for sustainable energy solutions.

Key Companies in the Mexico Onshore Wind Energy Market include

Recent Industry Developments

In recent months, the Mexico Onshore Wind Energy Market has witnessed significant developments, particularly involving key players like Enel Green Power, Siemens Gamesa, and EDP Renewables. A notable increase in renewable energy investments has been observed, with an emphasis on diversifying energy sources amid growing environmental concerns. In March 2023, Enel Green Power announced plans to expand its wind projects in Oaxaca, aiming to increase installed capacity significantly. Additionally, Siemens Gamesa and Vestas have been actively collaborating on technology enhancements to optimize wind turbine efficiency in the region. The Mexican Wind Energy Association has reported substantial growth in installed wind capacity, reaching approximately 7,000 MW by the end of 2022, as initiatives to promote clean energy take center stage in national energetics policy. In terms of mergers and acquisitions, the acquisition of Nordex's wind turbine division by Acciona in January 2023 has further strengthened the competitive landscape. Overall, the market continues to adapt to evolving regulatory frameworks and increasing demand for sustainable energy solutions.

Future Outlook

Mexico Onshore Wind Energy Market Future Outlook

The Mexico Onshore Wind Energy Market is projected to grow at a 4.03% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing energy demand.

New opportunities lie in:

By 2035, the market is expected to be robust, driven by innovation and strategic investments.

Market Segmentation

Mexico Onshore Wind Energy Market Application Outlook

  • Electricity Generation
  • Power Supply for Industrial Use
  • Power Supply for Residential Use
  • Grid Stabilization

Mexico Onshore Wind Energy Market Project Size Outlook

  • Small Scale Projects
  • Medium Scale Projects
  • Large Scale Projects
  • Utility Scale Projects

Mexico Onshore Wind Energy Market Ownership Type Outlook

  • Public Ownership
  • Private Ownership
  • Joint Ventures
  • Cooperative Ownership

Mexico Onshore Wind Energy Market Technology Type Outlook

  • Horizontal Axis Wind Turbine
  • Vertical Axis Wind Turbine
  • Offshore Wind Technology
  • Hybrid Wind Technology

Report Scope

MARKET SIZE 2024 1.45(USD Billion)
MARKET SIZE 2025 1.5(USD Billion)
MARKET SIZE 2035 2.23(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.03% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Enel Green Power (IT), Acciona Energy (ES), Iberdrola (ES), Vestas Wind Systems (DK), Siemens Gamesa Renewable Energy (ES), GE Renewable Energy (US), EDP Renewables (PT), Nordex (DE), Mitsubishi Power (JP)
Segments Covered Application, Technology Type, Project Size, Ownership Type
Key Market Opportunities Expansion of renewable energy incentives enhances investment potential in the Mexico Onshore Wind Energy Market.
Key Market Dynamics Regulatory shifts and technological advancements drive growth in Mexico's onshore wind energy sector.
Countries Covered Mexico

Frequently Asked Questions

What is the current valuation of the Mexico Onshore Wind Energy Market?

As of 2024, the market valuation was 1.45 USD Billion.

What is the projected market size for the Mexico Onshore Wind Energy Market by 2035?

The market is projected to reach 2.23 USD Billion by 2035.

What is the expected CAGR for the Mexico Onshore Wind Energy Market during the forecast period?

The expected CAGR for the market from 2025 to 2035 is 4.03%.

Which companies are the key players in the Mexico Onshore Wind Energy Market?

Key players include Enel Green Power, Acciona Energy, Iberdrola, Vestas Wind Systems, Siemens Gamesa Renewable Energy, GE Renewable Energy, EDP Renewables, Nordex, and Mitsubishi Power.

What are the main applications of onshore wind energy in Mexico?

The main applications include electricity generation, power supply for industrial use, power supply for residential use, and grid stabilization.

How does the market segment by application perform in terms of valuation?

In 2024, electricity generation was valued at 0.8 to 1.2 USD Billion, while power supply for industrial use ranged from 0.3 to 0.5 USD Billion.

What technologies are utilized in the Mexico Onshore Wind Energy Market?

The market features horizontal axis wind turbines, vertical axis wind turbines, offshore wind technology, and hybrid wind technology.

What is the valuation range for different technology types in the market?

Horizontal axis wind turbines were valued between 0.87 and 1.35 USD Billion in 2024.

How is the market segmented by project size?

The market segments include small scale projects, medium scale projects, large scale projects, and utility scale projects.

What ownership types are present in the Mexico Onshore Wind Energy Market?

Ownership types include public ownership, private ownership, joint ventures, and cooperative ownership.

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