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The global wind industry installed close to 20,000 MW in 2007. This development was lead by the US, PR China and Spain, and it brought the world-wide installed capacity to 94,123 MW. This is an increase of 31% compared with the 2006 market, and represents an overall increase in global installed capacity of about 27%.
The top five countries in terms of installed capacity are Germany (22.3 GW), the US (16.8 GW), Spain (15.1 GW), India (7.8 GW) and PR China (5.9 GW). In terms of economic value, the global wind market in 2007 was worth about EUR25 billion or US$37 billion in new generating equipment. US market continues its boom
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