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Global Small Wind Market by Application (Off grid, On grid), by Axis Type (Vertical Axis, Horizontal Axis) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: EP-75325
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 97
  • No. Of Pages: 213
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  • Pub. Date: 2021-10-21
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Industry Insights

In 2016, the small wind market was worth more than USD 530 millions. It is expected to grow at over 14% in 2025 due to the global energy crisis and depleting nonrenewable resources for electricity production. The market is expected to be driven by strict government regulations to limit the growth of the carbon footprint and financial benefits to increase adoption of renewable energy sources. Due to its low cost and availability of components, solar energy is seen as a threat to wind power. Business growth is expected to be driven by increased awareness in developed areas such as North America and Europe, as well as developing regions like Asia Pacific.

U.S. small-wind market revenue by axis type, 2014-2025 (USD Million).

Axis type and Application insights

The segment's leader is the horizontal axis wind turbines, HAWT. This is due to the fact that the design has been around for more than two centuries. HAWT was responsible for more than 95 MW of total volume in 2016. This segment is expected to grow strongly due to its ease of installation and availability of components. The affordable pricing and numerous environmental benefits of vertical axis windturbines (VAWT), are expected to drive exponential growth in the forecast period.

2016: Global small wind market revenue by application (%)

Due to government initiatives to improve grid connectivity in small wind sectors, the on-grid segment will reach USD 190 millions by 2025. Regulators will offer numerous economic and financial benefits, including Production Tax Credits (Impact Tax Credits) and Feed in Tariffs. This will increase the market for small wind growth during the forecast period.

The off-grid segment, which was valued at USD 35 million in 2016, saw a steady growth rate. This is due to the introduction of new technologies into the business to modernize existing equipment. Old turbines will ensure that the off-grid segment remains dominant.

Regional insights

Europe was the world's leader in small wind markets, accounting for 42%. The largest share of Europe's small wind market was held by Germany and the United Kingdom. This is largely due to the large-scale funding that both countries have received. Many manufacturers have established regional offices in these countries, as well as production facilities, to capitalize the current boom in this industry and leverage their position to become market leaders.

The North American market for small wind in 2016 was second in both revenue and volume. The market has been slowing due to concerns about market saturation by 2025. A 2015 Department of Energy report on Wind Energy found that 80% of small-sized wind turbines made in the country are being exported.

The Asia Pacific small wind market was worth more than USD 90 million in 2016. It is expected to record the highest gain during the forecast period. Due to rapid depleting resources, the region faces a major energy crisis that will only get worse. The future of the energy industry is in this critical situation. Affordable renewable energy sources are considered to be the best option. Asia Pacific will be the second largest market in the forecast period.

Competitive insights

Envergate, Kingspan Wind and Kliux Energies are key players in the small-wind market. This market is fragmented and includes many international and local companies.

Small wind producers are looking for innovative products that offer competitive prices and reliable grid connectivity to increase their market share. Companies have invested large amounts in research and development of new, more efficient and sleeker wind turbines to increase their clientele.

The report covers segments

This report forecasts revenue growth at the global, regional and country levels. It also provides analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Up Market Research segmented the small-wind market based on product and region.

  • Application Outlook (Volume of Megawatts, 2014-2025) (Revenue USD Million, 2014-2025)

    • On-Grid

    • Off-Grid

  • Axis Type Outlook (Volume Megawatts, 2014-2025) (Revenue, USD million, 2014-2025)

    • Horizontal Axis Wind Turbines

    • Vertical Axis Wind Turbines

  • Regional Outlook (Volume Megawatts, 2014-2025) (Revenue USD Million, 2014-2025)

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

      • Italy

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • South & Central America

      • Brazil

    • Middle East and Africa

Up Market Research published a new report titled “Small Wind Market research report which is segmented by Application (Off grid, On grid), by Axis Type (Vertical Axis, Horizontal Axis), By Players/Companies Kliux Energies, Xzeres Wind Corporation among others The market is highly fragmented with numerous local and international companies, Envergate, Bergey Windpower Co, Northern Power Systems, Shanghai Ghrepower Green Energy, Superwind, Eocycle Technologies, Kingspan Wind”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleSmall Wind Market Research Report
By ApplicationOff grid, On grid
By Axis TypeVertical Axis, Horizontal Axis
By CompaniesKliux Energies, Xzeres Wind Corporation among others The market is highly fragmented with numerous local and international companies, Envergate, Bergey Windpower Co, Northern Power Systems, Shanghai Ghrepower Green Energy, Superwind, Eocycle Technologies, Kingspan Wind
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages213
Number of Tables & Figures150
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Small Wind Industry Outlook

Global Small Wind Market Report Segments:

The market is segmented by Application (Off grid, On grid), by Axis Type (Vertical Axis, Horizontal Axis).

Small Wind Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Small Wind Market

Overview of the regional outlook of the Small Wind Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Small Wind Market Overview

Highlights of The Small Wind Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Small Wind Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application:

                1. Off grid

                2. On grid

        7. By Axis Type:

                1. Vertical Axis

                2. Horizontal Axis

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Small Wind Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Small Wind Market Trends

Reasons to Purchase the Small Wind Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Wind Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Small Wind Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Small Wind Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Small Wind Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Small Wind Market Size & Forecast, 2018-2028 
      4.5.1 Small Wind Market Size and Y-o-Y Growth 
      4.5.2 Small Wind Market Absolute $ Opportunity 


Chapter 5 Global Small Wind Market Analysis and Forecast by Application
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application
      5.1.2 Basis Point Share (BPS) Analysis by Application
      5.1.3 Absolute $ Opportunity Assessment by Application
   5.2 Small Wind Market Size Forecast by Application
      5.2.1 Off grid
      5.2.2 On grid
   5.3 Market Attractiveness Analysis by Application

Chapter 6 Global Small Wind Market Analysis and Forecast by Axis Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Axis Type
      6.1.2 Basis Point Share (BPS) Analysis by Axis Type
      6.1.3 Absolute $ Opportunity Assessment by Axis Type
   6.2 Small Wind Market Size Forecast by Axis Type
      6.2.1 Vertical Axis
      6.2.2 Horizontal Axis
   6.3 Market Attractiveness Analysis by Axis Type

Chapter 7 Global Small Wind Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Small Wind Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Small Wind Analysis and Forecast
   9.1 Introduction
   9.2 North America Small Wind Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Small Wind Market Size Forecast by Application
      9.6.1 Off grid
      9.6.2 On grid
   9.7 Basis Point Share (BPS) Analysis by Application 
   9.8 Absolute $ Opportunity Assessment by Application 
   9.9 Market Attractiveness Analysis by Application
   9.10 North America Small Wind Market Size Forecast by Axis Type
      9.10.1 Vertical Axis
      9.10.2 Horizontal Axis
   9.11 Basis Point Share (BPS) Analysis by Axis Type 
   9.12 Absolute $ Opportunity Assessment by Axis Type 
   9.13 Market Attractiveness Analysis by Axis Type

Chapter 10 Europe Small Wind Analysis and Forecast
   10.1 Introduction
   10.2 Europe Small Wind Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Small Wind Market Size Forecast by Application
      10.6.1 Off grid
      10.6.2 On grid
   10.7 Basis Point Share (BPS) Analysis by Application 
   10.8 Absolute $ Opportunity Assessment by Application 
   10.9 Market Attractiveness Analysis by Application
   10.10 Europe Small Wind Market Size Forecast by Axis Type
      10.10.1 Vertical Axis
      10.10.2 Horizontal Axis
   10.11 Basis Point Share (BPS) Analysis by Axis Type 
   10.12 Absolute $ Opportunity Assessment by Axis Type 
   10.13 Market Attractiveness Analysis by Axis Type

Chapter 11 Asia Pacific Small Wind Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Small Wind Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Small Wind Market Size Forecast by Application
      11.6.1 Off grid
      11.6.2 On grid
   11.7 Basis Point Share (BPS) Analysis by Application 
   11.8 Absolute $ Opportunity Assessment by Application 
   11.9 Market Attractiveness Analysis by Application
   11.10 Asia Pacific Small Wind Market Size Forecast by Axis Type
      11.10.1 Vertical Axis
      11.10.2 Horizontal Axis
   11.11 Basis Point Share (BPS) Analysis by Axis Type 
   11.12 Absolute $ Opportunity Assessment by Axis Type 
   11.13 Market Attractiveness Analysis by Axis Type

Chapter 12 Latin America Small Wind Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Small Wind Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Small Wind Market Size Forecast by Application
      12.6.1 Off grid
      12.6.2 On grid
   12.7 Basis Point Share (BPS) Analysis by Application 
   12.8 Absolute $ Opportunity Assessment by Application 
   12.9 Market Attractiveness Analysis by Application
   12.10 Latin America Small Wind Market Size Forecast by Axis Type
      12.10.1 Vertical Axis
      12.10.2 Horizontal Axis
   12.11 Basis Point Share (BPS) Analysis by Axis Type 
   12.12 Absolute $ Opportunity Assessment by Axis Type 
   12.13 Market Attractiveness Analysis by Axis Type

Chapter 13 Middle East & Africa (MEA) Small Wind Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Small Wind Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Small Wind Market Size Forecast by Application
      13.6.1 Off grid
      13.6.2 On grid
   13.7 Basis Point Share (BPS) Analysis by Application 
   13.8 Absolute $ Opportunity Assessment by Application 
   13.9 Market Attractiveness Analysis by Application
   13.10 Middle East & Africa (MEA) Small Wind Market Size Forecast by Axis Type
      13.10.1 Vertical Axis
      13.10.2 Horizontal Axis
   13.11 Basis Point Share (BPS) Analysis by Axis Type 
   13.12 Absolute $ Opportunity Assessment by Axis Type 
   13.13 Market Attractiveness Analysis by Axis Type

Chapter 14 Competition Landscape 
   14.1 Small Wind Market: Competitive Dashboard
   14.2 Global Small Wind Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Kliux Energies
      14.3.2 Xzeres Wind Corporation among others The market is highly fragmented with numerous local and international companies
      14.3.3 Envergate
      14.3.4 Bergey Windpower Co
      14.3.5 Northern Power Systems
      14.3.6 Shanghai Ghrepower Green Energy
      14.3.7 Superwind
      14.3.8 Eocycle Technologies
      14.3.9 Kingspan Wind
Segments Covered in the Report
The global Small Wind market has been segmented based on

By Application
  • Off grid
  • On grid
By Axis Type
  • Vertical Axis
  • Horizontal Axis
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Kliux Energies
  • Xzeres Wind Corporation among others The market is highly fragmented with numerous local and international companies
  • Envergate
  • Bergey Windpower Co
  • Northern Power Systems
  • Shanghai Ghrepower Green Energy
  • Superwind
  • Eocycle Technologies
  • Kingspan Wind

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