The North America wind power equipment market is poised for significant growth, projected to reach USD 39 billion by 2035 with a 5.0% CAGR, driven by clean energy policies and repowering initiatives. This expansion is bolstered by the Inflation Reduction Act's tax credits in the U.S., which have generated substantial project commitments, and Canada's clean electricity standards enhancing demand. Offshore wind projects, particularly in the U.S., face robust growth due to state-level mandates and technological advancements, such as larger turbines, which improve efficiencies.
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