Small Wind Power Market Share, Historical Analysis, Opportunities | Industry Worldwide Top key player : Northern Power Systems Corp., XZERES Wind Corporation, Bergey Wind Power Co. Inc. | Rapid Growth with 13.88% of CAGR by Forecast 2023.

The scope of the study segments the global Small Wind Power Market its material, product, manufacturing process, application and region. The report studies key players, providing a Future trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).

Market Scenario
Small wind turbines are used to power remote or off-grid applications such as homes, farms, refuges or beacons. On the basis of region, Europe accounted for the largest market share of 41.32% in 2016, with a market value of USD 1,440.2 million and is projected to grow at CAGR of 13.98% during the forecast period. The small wind power boom is part of a wider move from fossil fuels to renewable energy, across the European Union. European governments and the EU, as a whole, have supported small wind projects with favorable incentives as part of their carbon emission reduction goals. The recorded small wind capacity, installed in Europe has reached over 272.6 MW by the end of 2015. The United Kingdom heads the market, with 15% of global installed capacity in 2015.

Key Players
• Northern Power Systems Corp.
• Bergey Wind Power Co. Inc.
• Ennera Energy and Mobility, S.L.
• Eocycle Technologies Inc.
• XZERES Wind Corporation
• Endurance Wind Power Inc.
• Aeolos Wind Energy Ltd
• City Windmills Holdings PLC

Get The In-Depth Sample Report @ https://www.marketresearchfuture.com/sample_request/4568

Scope of the Report
This study provides an overview of the global small wind power market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Americas, Europe, Asia Pacific (APAC) and Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global small wind power market by its grid connectivity, axis and region.

Global Small Wind Powers Market, By Grid Connectivity
• On-Grid
• Off-Grid
Global Small Wind Powers Market, By Axis
• Horizontal Axis
• Vertical Axis
Global Small Wind Powers Market, By Region
• Americas
• Europe
• Asia Pacific
• Middle East & Africa

Market Research Analysis
Based on grid connectivity, Off-Grid accounted for the largest market share of 63.84% in 2016, with a market value of USD 2,224.9 million and is projected to grow at the highest CAGR of 14.06% during the forecast period. An off-grid solution is a system that works independently and is not connected to the electricity distribution system. In this applications, small wind electric systems can be used in combination with other components, including a small solar electric system to create hybrid power systems. Hybrid power systems can provide reliable off-grid power for homes, farms, or even entire communities that are far from the nearest utility lines. On-Grid, valued at USD 1,260.5 million, was the second-largest market in 2016. In this type small wind turbine system is linked to the utility grid. When the wind system produces more electricity than what a household requires, the excess is sent or sold to the utility. With this type of grid connection, your wind turbine will operate only when the utility grid is available.

If u Have Any Query Then Enquiry For The Report @ https://www.marketresearchfuture.com/enquiry/4568

Market Research Future:
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.