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Global Small Wind Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

  • Report Summary
  • Free Analysis
  • Table of Contents
  • Enquiry Before Buying

Report Summary

The global small Wind Market is expected to grow significantly from USD 379.9 million in 2017, to USD 910 million in 2024, at a CAGR of 12.5% from 2018 to 2024. The growth of the small wind across the globe is primarily driven by increase in demand for renewable sources of energy with minimum carbon emissions and government policy framework favoring renewable alternatives. The years used for the assessment are as follows;

  • Historical year  : 2014, 2015, 2016
  • Base year      : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total small wind market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the small wind market
  • Finalizing the overall size and share for the global small wind market

OBJECTIVES:

  • To classify the global small wind market into segments by axis type, grid connection, application, region, and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the small wind market.
  • Profiling key companies operating in the global small wind market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global small wind Market is as follows:

By Axis Type

  • Horizontal axis
  • Vertical axis

 By Grid Connection

  • On-grid
  • Off-grid

By Application

  • Domestic
  • Small-scale industries
  • Commercial

By Region 

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Free Analysis

Global small wind market is expected to reach USD 910 Million by 2024, at a CAGR of 12.5% from 2018 to 2024. This growth is attributed to increase in demand for renewable sources of energy, with minimum carbon emissions. Moreover, government policy framework favoring renewable alternatives is likely to the fuel the demand.

The horizontal axis turbine segment holds the major share of the global Small wind market in 2017, and the trend is expected to continue over the forecast period. This can be attributed to the relatively higher efficiency of the horizontal axis turbine, as the rotor blades are perpendicular to the wind. Horizontal axis turbines are readily adopted in regions with steady winds.

Asia-Pacific held the largest share in the global small winds market in 2017. The growth in the region is attributed to energy shortage and rapidly evolving industrialization accompanied by the move towards green initiative by nations in this region. High cost of electricity and adoption of green initiative by the developed countries is projected to spur the growth in this region during the forecast period.

Some of the key players operating in the market include City Windmills, Envergate Energy AG, Eocycle, Shanghai Ghrepower Green Energy Co., Ltd, Kingspan Group, Superwind, Northern Power Systems, Zkenergy Technology Co., Ltd., Xzeres Wind Corp, Kliux Energies, among others.

Table of Contents

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Small Wind Market – Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global nuclear power market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Market driver analysis

   3.5.1.1. Increase in demand for renewable sources of energy, with minimum carbon emissions

   3.5.1.2. Government policy framework favoring renewable alternatives

   3.5.1.3. Remote generation capability of small wind power plants

3.5.2. Market restraint analysis

   3.5.2.1. High installation cost

  3.5.2.2. Discontinuous flow of wind making stand-alone wind plants less feasible

3.5.3. Industry Analysis-Porters five forces of Analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive Analysis

4.2. Competitive Factors

4.3. Strategies Adopted

CHAPTER 5. Global Small Wind Market Size and Forecast (2014 – 2024)

5.1. Global Small wind Market, By Axis Type

5.1.1. Horizontal axis

5.1.2. Vertical axis

5.2. Global Small wind Market, By Grid Connection

5.2.1. On-grid

5.2.2. Off-grid

5.3. Global Small wind Market, By Application

5.3.1. Domestic

5.3.2. Small-scale industries

5.3.3. Commercial

5.4. Global Small wind Market, By Region

5.4.1. North America

5.4.2. Europe

5.4.3. Asia-Pacific (APAC)

5.4.4. South America

5.4.5. Middle East and Africa

CHAPTER 6. Global Small Wind Market Size and Forecast, By Region(2014-2024)

6.1. North America Small Wind Market (USD Million)

6.1.1. North America Small Wind Market, By Axis Type (USD Million)

6.1.2. North America Small Wind Market, By Grid Connection (USD Million)

6.1.3. North America Small Wind Market, By Application (USD Million)

6.1.4. North America Small Wind Market, By Country (USD Million)

  6.1.4.1. U.S. Small Wind Market (USD Million)

  6.1.4.2. Canada Small Wind Market (USD Million)

  6.1.4.3. Mexico Small Wind Market (USD Million)

6.2. Europe Small Wind Market (USD Million)

6.2.1. Europe Small Wind Market, By Axis Type (USD Million)

6.2.2. Europe Small Wind Market, By Grid Connection (USD Million)

6.2.3. Europe Small Wind Market, By Application (USD Million)

6.2.4. Europe Small Wind Market, By Country (USD Million)

   6.2.4.1. Germany Small Wind Market (USD Million)

   6.2.4.2. UK Small Wind Market (USD Million)

   6.2.4.3. Italy Small Wind Market (USD Million)

   6.2.4.4. Rest of Europe Small Wind Market (USD Million)

6.3. Asia-Pacific Small Wind Market (USD Million)

6.3.1. Asia-Pacific Small Wind Market, By Axis Type (USD Million)

6.3.2. Asia-Pacific Small Wind Market, By Grid Connection (USD Million)

6.3.3. Asia-Pacific Small Wind Market, By Application (USD Million)

6.3.4. Asia-Pacific Small Wind Market, By Country (USD Million)

   6.3.4.1. China Small Wind Market (USD Million)

  6.3.4.2. Japan Small Wind Market (USD Million)

  6.3.4.3. India Small Wind Market (USD Million)

  6.3.4.4. Rest of Asia-Pacific Small Wind Market (USD Million)

6.4. South America Small Wind Market (USD Million)

6.4.1. South America Small Wind Market, By Axis Type (USD Million)

6.4.2. South America Small Wind Market, By Grid Connection (USD Million)

6.4.3. South America Small Wind Market, By Application (USD Million)

6.4.4. South America Small Wind Market, By Region (USD Million)

   6.4.4.1. Brazil Small Wind Market (USD Million)

   6.4.4.2. Rest of South America Small Wind Market (USD Million)

6.5. Middle East and Africa Small Wind Market (USD Million)

6.5.1. Middle East and Africa Small Wind Market, By Axis Type (USD Million)

6.5.2. Middle East and Africa Small Wind Market, By Grid Connection (USD Million)

6.5.3. Middle East and Africa Small Wind Market, By Application (USD Million)

6.5.4. Middle East and Africa Small Wind Market, By region (USD Million)

  6.5.4.1. Saudi Arabia Small Wind Market (USD Million)

  6.5.4.2. Israel Small Wind Market (USD Million)

  6.5.4.3. Nigeria Small Wind Market (USD Million)

  6.5.4.4. Rest of Middle East and Africa Small Wind Market (USD Million)

CHAPTER 7. Key Players and Strategic Developments

7.1. City Windmills

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Envergate Energy AG

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Eocycle

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Shanghai Ghrepower Green Energy Co., Ltd

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Kingspan Group

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Superwind

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Northern Power Systems

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Zkenergy Technology Co., Ltd.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Xzeres Wind Corp

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Kliux Energies

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Abbreviations

Enquiry Before Buying

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Global Small Wind Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024

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The post Global Small Wind Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024 appeared first on Energias Market Research.



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