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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1290507

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1290507

Global Small Wind Market Size study & Forecast, by Type (Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine), by Application (On-Grid, Off-Grid), and Regional Analysis, 2023-2030

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Global Small Wind Market is valued approximately USD 3.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 19.5% over the forecast period 2023-2030. Small wind refers to wind turbines made for generating power for household, farm, and commercial uses that aren't large-scale. Small wind turbines are made to be placed on roofs or small towers and generally have a power output of under 100 kW. Small wind turbines provide a renewable energy source that produces no greenhouse gas emissions. In recent years, the worldwide market for small wind power has been increasing at an incredible rate as rise in demand for efficient electricity in unconnected areas and cohesive government policies for renewable energy. The market's performance is attributed to the usage of small wind energy in rural areas, increased investments in clean energy generation, and supportive government projects and policies.

Moreover, the governments around the world are increasingly investing in renewable energy sources, such as wind energy, as a way to reduce greenhouse gas emissions and mitigate climate change. This investment in renewable energy is leading to the growth of the small wind market, as small wind turbines are widely used in residential and small-scale commercial applications. For instance, in Sept. 2021, U.S. Department of Agriculture revealed that the Department is planning to invest USD 464 million to build or improve renewable energy infrastructure and to assist rural communities, agricultural producers and companies' lower energy costs in 48 states and Puerto Rico. Also, USD 129 million of these projects have been funded by the USDA under the Rural Electricity for America Program. Further, in September 2022 the Andhra Pradesh State Investment Promotion Board (SIPB), India offered investment possibilities for several businesses to increase green energy The SIPB gave Greenko permission to spend USD 246 billion in projects utilizing 4,230 MW of total renewable energy potential. Additionally, rising investment in research & development and technological advancements in small wind turbines are anticipated to create lucrative opportunities for the market during the forecast period. However, the growing acceptance and implementation of alternative solutions, as well as high capital costs, might hinder the expansion of the small wind power business.

The key regions considered for the Global Small Wind Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the substantial financing that U.K and Germany both nations have together received maximum share and to take advantage of the present industry growth and use their positions to become market leaders, several firms have established regional offices and manufacturing facilities in these nations. Asia Pacific is expected to grow significantly during the forecast period, as the region has emerged as one of the leading generators of wind energy, especially small wind energy also wind power generation in the region has grown significantly and this is anticipated to register significant gains over the forecast period.

Major market player included in this report are:

  • Envergate Energy AG
  • Kingspan Group
  • Kliux Energies
  • Superwind GmbH
  • Bergey Windpower Co.
  • EOCYCLE
  • Shanghai Zhiyuan Green Energy Co., Ltd.
  • Northern Power Systems
  • XZERES Corp.
  • Greenery Technology Company

Recent Developments in the Market:

  • In January 2021, The Intergrid inverter, produced by Seneca, Pennsylvania-based Matric Limited as part of a 2020 IP manufacturing innovation award, fills a gap in the distributed wind industry by providing an inverter that complies with interconnection codes and is compatible with other distributed energy technologies.
  • In April 2020, A brand-new sort of wind turbine has been developed; the gadget, which the researchers refer to as an Aero MINE, can collect wind energy from a broader area than its turbine blades alone could.

Global Small Wind Market Report Scope:

  • Historical Data: 2020 - 2021
  • Base Year for Estimation: 2022
  • Forecast period: 2023-2030
  • Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered: Type, Application, Region
  • Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
  • The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

  • Horizontal Axis Wind Turbine
  • Vertical Axis Wind Turbine

By Application:

  • On-Grid
  • Off-Grid

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
    • 1.2.1. Small Wind Market, by Region, 2020-2030 (USD Billion)
    • 1.2.2. Small Wind Market, by Type, 2020-2030 (USD Billion)
    • 1.2.3. Small Wind Market, by Application, 2020-2030 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Small Wind Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Industry Evolution
    • 2.2.2. Scope of the Study
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Small Wind Market Dynamics

  • 3.1. Small Wind Market Impact Analysis (2020-2030)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing in demand for efficient electricity in unconnected areas
      • 3.1.1.2. Increasing focus on adopting renewable resources as a prime power source
    • 3.1.2. Market Challenges
      • 3.1.2.1. High capital cost of Small Wind
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Favourable government policies
      • 3.1.3.2. Technological advancements in small wind turbines

Chapter 4. Global Small Wind Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Porter's 5 Force Impact Analysis
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
    • 4.3.5. Environmental
    • 4.3.6. Legal
  • 4.4. Top investment opportunity
  • 4.5. Top winning strategies
  • 4.6. COVID-19 Impact Analysis
  • 4.7. Disruptive Trends
  • 4.8. Industry Expert Perspective
  • 4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Small Wind Market, by Type

  • 5.1. Market Snapshot
  • 5.2. Global Small Wind Market by Type, Performance - Potential Analysis
  • 5.3. Global Small Wind Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
  • 5.4. Small Wind Market, Sub Segment Analysis
    • 5.4.1. Horizontal Axis Wind Turbine
    • 5.4.2. Vertical Axis Wind Turbine

Chapter 6. Global Small Wind Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Small Wind Market by Application, Performance - Potential Analysis
  • 6.3. Global Small Wind Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
  • 6.4. Small Wind Market, Sub Segment Analysis
    • 6.4.1. On-Grid
    • 6.4.2. Off-Grid

Chapter 7. Global Small Wind Market, Regional Analysis

  • 7.1. Top Leading Countries
  • 7.2. Top Emerging Countries
  • 7.3. Small Wind Market, Regional Market Snapshot
  • 7.4. North America Small Wind Market
    • 7.4.1. U.S. Small Wind Market
      • 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
      • 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
    • 7.4.2. Canada Small Wind Market
  • 7.5. Europe Small Wind Market Snapshot
    • 7.5.1. U.K. Small Wind Market
    • 7.5.2. Germany Small Wind Market
    • 7.5.3. France Small Wind Market
    • 7.5.4. Spain Small Wind Market
    • 7.5.5. Italy Small Wind Market
    • 7.5.6. Rest of Europe Small Wind Market
  • 7.6. Asia-Pacific Small Wind Market Snapshot
    • 7.6.1. China Small Wind Market
    • 7.6.2. India Small Wind Market
    • 7.6.3. Japan Small Wind Market
    • 7.6.4. Australia Small Wind Market
    • 7.6.5. South Korea Small Wind Market
    • 7.6.6. Rest of Asia Pacific Small Wind Market
  • 7.7. Latin America Small Wind Market Snapshot
    • 7.7.1. Brazil Small Wind Market
    • 7.7.2. Mexico Small Wind Market
  • 7.8. Middle East & Africa Small Wind Market
    • 7.8.1. Saudi Arabia Small Wind Market
    • 7.8.2. South Africa Small Wind Market
    • 7.8.3. Rest of Middle East & Africa Small Wind Market

Chapter 8. Competitive Intelligence

  • 8.1. Key Company SWOT Analysis
    • 8.1.1. Company 1
    • 8.1.2. Company 2
    • 8.1.3. Company 3
  • 8.2. Top Market Strategies
  • 8.3. Company Profiles
    • 8.3.1. Envergate Energy AG
      • 8.3.1.1. Key Information
      • 8.3.1.2. Overview
      • 8.3.1.3. Financial (Subject to Data Availability)
      • 8.3.1.4. Product Summary
      • 8.3.1.5. Recent Developments
    • 8.3.2. Kingspan Group
    • 8.3.3. Kliux Energies
    • 8.3.4. Superwind GmbH
    • 8.3.5. Bergey Windpower Co.
    • 8.3.6. EOCYCLE
    • 8.3.7. Shanghai Zhiyuan Green Energy Co., Ltd.
    • 8.3.8. Northern Power Systems
    • 8.3.9. XZERES Corp.
    • 8.3.10. Greenery Technology Company

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Small Wind Market, report scope
  • TABLE 2. Global Small Wind Market estimates & forecasts by Region 2020-2030 (USD Billion)
  • TABLE 3. Global Small Wind Market estimates & forecasts by Type 2020-2030 (USD Billion)
  • TABLE 4. Global Small Wind Market estimates & forecasts by Application 2020-2030 (USD Billion)
  • TABLE 5. Global Small Wind Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 6. Global Small Wind Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 7. Global Small Wind Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 8. Global Small Wind Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 9. Global Small Wind Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 10. Global Small Wind Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 11. Global Small Wind Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 12. Global Small Wind Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 13. Global Small Wind Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 14. Global Small Wind Market by region, estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 15. U.S. Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 16. U.S. Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 17. U.S. Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 18. Canada Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 19. Canada Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 20. Canada Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 21. UK Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 22. UK Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 23. UK Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 24. Germany Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 25. Germany Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 26. Germany Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 27. France Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 28. France Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 29. France Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 30. Italy Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 31. Italy Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 32. Italy Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 33. Spain Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 34. Spain Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 35. Spain Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 36. RoE Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 37. RoE Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 38. RoE Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 39. China Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 40. China Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 41. China Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 42. India Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 43. India Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 44. India Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 45. Japan Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 46. Japan Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 47. Japan Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 48. South Korea Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 49. South Korea Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 50. South Korea Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 51. Australia Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 52. Australia Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 53. Australia Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 54. RoAPAC Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 55. RoAPAC Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 56. RoAPAC Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 57. Brazil Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 58. Brazil Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 59. Brazil Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 60. Mexico Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 61. Mexico Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 62. Mexico Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 63. RoLA Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 64. RoLA Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 65. RoLA Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 66. Saudi Arabia Small Wind Market estimates & forecasts, 2020-2030 (USD Billion)
  • TABLE 67. South Africa Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 68. RoMEA Small Wind Market estimates & forecasts by segment 2020-2030 (USD Billion)
  • TABLE 69. List of secondary sources, used in the study of global Small Wind Market
  • TABLE 70. List of primary sources, used in the study of global Small Wind Market
  • TABLE 71. Years considered for the study
  • TABLE 72. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

  • FIG 1. Global Small Wind Market, research methodology
  • FIG 2. Global Small Wind Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Small Wind Market, key trends 2022
  • FIG 5. Global Small Wind Market, growth prospects 2023-2030
  • FIG 6. Global Small Wind Market, porters 5 force model
  • FIG 7. Global Small Wind Market, pest analysis
  • FIG 8. Global Small Wind Market, value chain analysis
  • FIG 9. Global Small Wind Market by segment, 2020 & 2030 (USD Billion)
  • FIG 10. Global Small Wind Market by segment, 2020 & 2030 (USD Billion)
  • FIG 11. Global Small Wind Market by segment, 2020 & 2030 (USD Billion)
  • FIG 12. Global Small Wind Market by segment, 2020 & 2030 (USD Billion)
  • FIG 13. Global Small Wind Market by segment, 2020 & 2030 (USD Billion)
  • FIG 14. Global Small Wind Market, regional snapshot 2020 & 2030
  • FIG 15. North America Small Wind Market 2020 & 2030 (USD Billion)
  • FIG 16. Europe Small Wind Market 2020 & 2030 (USD Billion)
  • FIG 17. Asia pacific Small Wind Market 2020 & 2030 (USD Billion)
  • FIG 18. Latin America Small Wind Market 2020 & 2030 (USD Billion)
  • FIG 19. Middle East & Africa Small Wind Market 2020 & 2030 (USD Billion)

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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