Argentina Wind Energy Market Size, Share, Trends and Forecast by Component, Rating, Installation, Turbine Type, Application and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A42965

Argentina Wind Energy Market Overview:

The Argentina wind energy market size reached USD 495.16 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 883.13 Million by 2033, exhibiting a growth rate (CAGR) of 6.64% during 2025-2033. The market is driven by the robust growth driven by abundant wind resources, particularly in Patagonia region, government initiatives promoting renewable energy transition, increasing private sector investments in clean energy projects, and the country's commitment to achieve 20% renewable energy target by 2025. The sector benefits from favorable wind conditions, technological advancements in turbine efficiency, and supportive regulatory framework enhancing Argentina wind energy market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 495.16 Million
Market Forecast in 2033	USD 883.13 Million
Market Growth Rate 2025-2033	6.64%

Argentina Wind Energy Market Trends:

Government Policy Support and Renewable Energy Targets

Argentina's wind energy industry is further strengthened by far-reaching government policy in the areas of energy diversification and sustainability. The National Renewable Energy Plan sets forth ambitious goals of reaching 20% renewable energy in 2025 and 35% by 2030, setting a firm foundation for wind energy growth. The government has launched the Renovation Program for Renewable Energy Sources (RenovAr) offering long-term power purchase deals and economic incentives to wind projects. In addition, tax incentives, exemptions of import duty for renewable energy machinery and equipment, and ease in permitting have sped up the development of projects. These friendly policies have not only attracted domestic but also global investors with projected investments of around $3 billion into energy projects by 2024 and over 10,000 jobs. The regulatory structure supports grid stability and equitable market access, encouraging Argentina wind energy market trends to sustainable development and increased market competitiveness in the region.

Exceptional Wind Resources and Geographic Advantages

Argentina has some of the global most prolific and reliable wind resources, mostly in the Patagonia region, where the average wind speeds are over 9 meters per second. The extensive country has varied wind patterns in different regions, with intense coastal winds near the Atlantic Ocean and reliable inland winds in the Pampas region. This variability of the geography makes it possible to generate energy throughout the year and mitigates the risks of seasonality. The Patagonia region alone offers an estimated wind capacity of more than 100 GW, ranking among the greatest unused wind resources in the world. Provinces such as La Rioja and Catamarca in northern regions also show great potential for wind, allowing distributed wind development in the nation. The good wind conditions result in greater capacity factors, normally between 35-45%, which makes wind projects economically viable and appealing to investors. These natural opportunities place Argentina in the regional forefront of wind energy development, propelling Argentina wind energy market growth through the maximum utilization of resources and increased energy security.

Technological Advancement and Private Sector Investment

Argentina's wind power market is fast transforming, with international trends for upscaling turbines and cutting-edge technologies dictating its future. Research aimed at breaking the square-cube law is allowing more efficient, bigger turbines, next-generation technology potentially to go above 10 MW, essential in decreasing the levelized cost of energy in offshore and megaprojects. In Argentina, global giants Vestas, GE, and Nordex are supplying turbines over 2 MW, with numerous projects currently featuring units over 5 MW in order to optimize production and reduce costs. Local businesses like YPF, Genneia, and Pampa Energía are adding capacity, boosted by increasing corporate appetite for green energy as companies aim to save costs and reduce emissions. Digital tracking, preventive maintenance, and hybrid solar-wind projects are increasing efficiency, while local production efforts are lowering import reliance and strengthening domestic value chains.

Argentina Wind Energy Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on component, rating, installation, turbine type, and application.

Component Insights:

Turbine
Support Structure
Electrical Infrastructure
Others

A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes turbine, support structure, electrical infrastructure, and others.

Rating Insights:

≤ 2 MW
>2 ≤ 5 MW
>5 ≤ 8 MW
>8 ≤ 10 MW
>10 ≤ 12 MW
>12 MW

The report has provided a detailed breakup and analysis of the market based on the rating. This includes ≤ 2 MW, >2 ≤ 5 MW, >5 ≤ 8 MW, >8 ≤ 10 MW, >10 ≤ 12 MW, and >12 MW.

Installation Insights:

Offshore
Onshore

A detailed breakup and analysis of the market based on the installation have also been provided in the report. This includes offshore and onshore.

Turbine Type Insights:

Horizontal Axis
Vertical Axis

The report has provided a detailed breakup and analysis of the market based on the turbine type. This includes horizontal axis and vertical axis.

Application Insights:

Utility
Industrial
Commercial
Residential

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes utility, industrial, commercial, and residential.

Regional Insights:

Buenos Aires Region
Litoral Region
Northern Region
Cordoba Region
Cuyo Region
Patagonia Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, and Patagonia Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Argentina Wind Energy Market News:

In June 2025, Tenaris begun building its second wind farm in Argentina, La Rinconada, in Olavarría, Buenos Aires Province. With 21 turbines and 94.5 MW capacity, the $214M project will start operating by late 2025, supplying Siderca’s energy needs. Together with Buena Ventura, launched in 2023, the farms will cut CO₂ emissions by 100,000 tons annually. Tenaris has invested over $400M in renewables, advancing global decarbonization initiatives.
In June 2025, Vestas secured a new 102 MW order in Argentina, announced on June 3, 2025. The project, with details on customer and site undisclosed, will feature V162-6.4 MW turbines and include a 10-year AOM5000 Service Agreement. Delivery and commissioning are scheduled for Q4 2026. This marks part of Vestas Latin America’s Q2 order intake, reinforcing the company’s role in expanding Argentina’s renewable energy capacity.

Argentina Wind Energy Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Rating Installation Turbine Type Application Region
Components Covered	Turbine, Support Structure, Electrical Infrastructure, Others
Ratings Covered	≤ 2 MW, >2 ≤ 5 MW, >5 ≤ 8 MW, >8 ≤ 10 MW, >10 ≤ 12 MW, > 12 MW
Installations Covered	Offshore, Onshore
Turbine Types Covered	Horizontal Axis, Vertical Axis
Applications Covered	Utility, Industrial, Commercial, Residential
Regions Covered	Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Argentina wind energy market performed so far and how will it perform in the coming years?
What is the breakup of the Argentina wind energy market on the basis of component?
What is the breakup of the Argentina wind energy market on the basis of rating?
What is the breakup of the Argentina wind energy market on the basis of installation?
What is the breakup of the Argentina wind energy market on the basis of turbine type?
What is the breakup of the Argentina wind energy market on the basis of application?
What is the breakup of the Argentina wind energy market on the basis of region?
What are the various stages in the value chain of the Argentina wind energy market?
What are the key driving factors and challenges in the Argentina wind energy market?
What is the structure of the Argentina wind energy market and who are the key players?
What is the degree of competition in the Argentina wind energy market?

Key Benefits for Stakeholders:

IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Argentina wind energy market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Argentina wind energy market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Argentina wind energy industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Request Customization

Speak to an Analyst

Request Brochure

Inquire Before Buying

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-201-971-6302

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.