Global wind energy manufacturing cost breakdown 2023, by driver

Published by Lucía Fernández, Mar 26, 2025

In 2023, materials and upstream components accounted for the largest share of wind energy technology manufacturing costs. These accounted for roughly 84 percent of the total manufacturing costs. Labor costs, on the other hand, held a share of just four percent.

Distribution of wind energy technology manufacturing costs worldwide in 2023, by main driver

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Release date

October 2024

Region

Worldwide

Survey time period

2023

Special properties

* Includes upstream components, including the cost of input materials

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Statistics on " Global wind energy supply chain "

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Other statistics that may interest you Global wind energy supply chain

Overview

5

Manufacturing capacity

6

Production output

3

Trade

4

Demand

4

Companies

5

Costs

4

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Topics

Global wind energy supply chainWind power in the U.S.Wind energy in EuropeGlobal wind energyWind power in China
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