Small Wind - Global Strategic Business Report

The global market for Small Wind is estimated at US$1.2 Billion in 2023 and is projected to reach US$2.4 Billion by 2030, growing at a CAGR of 10.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the small wind market is driven by several factors. Firstly, the increasing demand for decentralized energy solutions, especially in off-grid and rural areas, is boosting the adoption of small wind systems. Secondly, advancements in turbine technology, including more efficient blades and better energy capture at lower wind speeds, are improving the performance and cost-effectiveness of these systems. Thirdly, government policies and incentives aimed at promoting renewable energy are providing financial support and regulatory frameworks conducive to small wind projects. Lastly, the growing emphasis on sustainability and the reduction of carbon emissions are encouraging individuals and businesses to invest in renewable energy sources like small wind. These factors collectively contribute to the robust growth of the small wind market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Horizontal Axis Small Wind segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 9.4%. The Vertical Axis Small Wind segment is also set to grow at 12.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $175.3 Million in 2023, and China, forecasted to grow at an impressive 14.2% CAGR to reach $776.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Small Wind Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Small Wind Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Small Wind Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Intertek Group PLC, Jacobs Wind Electric Company, Fortis Wind BV, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 95 Featured):

• Intertek Group PLC
• Jacobs Wind Electric Company
• Fortis Wind BV
• Orchid International
• Bergey WindPower Company
• Kliux Energies International Inc.
• Marlec Engineering Co., Ltd.
• Foshan Ouyad Electronic Co., Ltd.
• Leviathan Energy LLC
• Guangzhou HY Energy Technology Limited Corp.
• Energy Technology Centre Ltd.
• Northern Power Systems, Inc.
• Braun Windturbinen GmbH
• Halo Energy
• MOWEA GmbH