Global Small Wind Power Devices Market Growth 2023-2029

Global Small Wind Power Devices Market Growth 2023-2029

A small wind turbine is a wind turbine used for microgeneration, as opposed to large commercial wind turbines, such as those found in wind farms, with greater individual power output.



In this report, the data is based on the wind turbines with a capacity rating of less than or equal to 100 kW.

LPI (LP Information)' newest research report, the “Small Wind Power Devices Industry Forecast” looks at past sales and reviews total world Small Wind Power Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Small Wind Power Devices sales for 2023 through 2029. With Small Wind Power Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Wind Power Devices industry.

This Insight Report provides a comprehensive analysis of the global Small Wind Power Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Wind Power Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Small Wind Power Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Wind Power Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Small Wind Power Devices.

The global Small Wind Power Devices market size is projected to grow from US$ 127.7 million in 2022 to US$ 230.7 million in 2029; it is expected to grow at a CAGR of 230.7 from 2023 to 2029.

Global core small wind power manufacturers include Ghrepower, Primus Wind Power, ZK Energy etc.The top 5 companies hold a share about 25%.Asia-Pacific is the largest market, with a share about 55%, followed by Europe and North America with the share about 30% and 8%.In terms of product, horizontal axis wind turbine is the largest segment, with a share over 80%. And in terms of application, the largest application is off-grid, followed by on-grid.

This report presents a comprehensive overview, market shares, and growth opportunities of Small Wind Power Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Wind Mill
Dynamo
Body of Revolution
Speed Control Mechanism
Orientation Agency
Brake Mechanism
Tower

Segmentation by application
Home Use
Industrial Use
Commercial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Goldwind
Sinovel
HEAG
Suzlon
Shanghai Electric
XEMC
Vestas
Siemens
GE

Key Questions Addressed in this Report

What is the 10-year outlook for the global Small Wind Power Devices market?

What factors are driving Small Wind Power Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Small Wind Power Devices market opportunities vary by end market size?

How does Small Wind Power Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.