Global Small Wind Turbine Market Growth 2023-2029

Global Small Wind Turbine 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.

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

This Insight Report provides a comprehensive analysis of the global Small Wind Turbine 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 Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Small Wind Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Wind Turbine 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 Turbine.

The global Small Wind Turbine market size is projected to grow from US$ 96 million in 2022 to US$ 173.4 million in 2029; it is expected to grow at a CAGR of 173.4 from 2023 to 2029.

Worldwide, Europe, China and USA are the main market of small wind turbines. In 2019, Asia-Pacific has about 75% sales market share of the total worldwide small wind turbines industry, followed by the Europe with about 15%. The main contrition countries to the market in Asia is China and Japan.

Small wind turbines have applications in powering individual homes, farms and small businesses. Applications of these small wind power market in making off-grid installations such as telecommunication towers and in powering homes will further offer growth opportunities to the small wind power market in some regions.

Small wind turbines are divided into horizontal axis wind turbines and vertical axis wind turbines.

The main companies are Ghrepower Green Energy， Primus Wind Power, ZK Energy, Bergey Windpower， Nanjing Oulu, Ningbo WinPower, ENESSERE SRL, Halo Energy, Eocycle, S&W Energy Systems, Kliux Energies and HY Energy.

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

Market Segmentation:

Segmentation by type
Horizontal-Axis Wind Turbine
Vertical-Axis Wind Turbine

Segmentation by application
Municipal and Government
Hospital
Airport
School
Other

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.
Fortis Wind Energy
Bergey Windpower
Xzeres
Ampair
Evance Wind Turbines
Endurance Wind Power
Polaris America
Windspire Energy
Gaia-Wind
Kestrel Wind Turbines
Urban Green Energy
ElectroVent

Key Questions Addressed in this Report

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

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

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

How do Small Wind Turbine market opportunities vary by end market size?

How does Small Wind Turbine 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.