Press release
Small Wind Power Market Potential, Energy Association Report, Wind Statistics, Turbine, Manufacturers Analysis
small wind power
The global small wind power market is expected to grow at a CAGR of 20.1% from 2017 to 2025.
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Market Landscape by Application
• On-Grid
• Off-Grid
Key Point from Table of Content
1.Executive summary
1.1.Key Findings
1.2.Market Attractiveness and Trend analysis
1.3.Competitive Landscape and recent industry development analysis
2.Introduction
2.1.Report Description
2.2.Scope and Definitions
2.3.Research Methodology
3.Market landscape
3.1.Growth Drivers
3.1.1.Impact Analysis
3.2.Restrains and Challenges
3.2.1.Impact Analysis
3.3.Porter’s Analysis
3.3.1.Bargaining power of buyers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of substitutes
3.3.4.Industry rivalry
3.3.5.Threat of new entrants
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Market Dynamics:
Drivers:
• Increase in awareness among consumers about the use of renewable energy sources is expected to increase market demand for small wind power during the forecast period. (small wind turbine market analysis)
• Currently, the rise in the demand for energy and growing concerns about the environmental impacts of power generation using fossil fuels has fueled the consumption of small wind power as an alternative option.
• Government policies supporting electricity generation by renewable sources have been projected to drive the global small wind power market further.
Restraints:
• Fluctuations in raw material prices may hamper growth of the small wind power market.
Market Players:
The top players in the global small wind power market include Northern Power Systems Inc., Bergey Wind Power Co., Kingspan Group PLC., Xzeres Wind Corp., Unitron Energy System Private Limited, Sun and Wind Renewables Private Limited, Fortis Wind Energy B.V., Aeolos Wind Energy Co. Ltd., Qingdao Windwings Wind Turbine Co. Ltd., and Greenergy Technology Co. Ltd. (residential wind turbine market)
Market Landscape by Type
• Horizontal Axis Wind Turbine
• Vertical Axis Wind Turbine (wind turbine manufacturers market)
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Market Landscape by Geography
• North America
o U.S.
o Canada
o Mexico
• Europe (small wind turbine market Europe)
o UK
o Germany
o France
o Spain
o Italy (small wind turbine market)
o Rest of Europe
The global small wind power market is segmented based on type, application, and geography. Based on type, (wind turbine for home market) the market is divided into horizontal axis wind turbine and vertical axis wind turbine. The application areas of the market are classified as on-grid and off-grid markets. The market is analyzed based on four regions, which include North America, Europe, Asia-Pacific, and LAMEA.
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