Overall world revenue for Airborne Wind Energy Market, 2024 to 2034 in terms of value the market will surpass US$174.8 million in 2024, the work calculates. The publisher predicts strong revenue growth through to 2034. The work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
The Airborne Wind Energy Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
For instance, the European Union has been a strong proponent of renewable energy, setting ambitious targets for reducing carbon emissions and increasing the share of renewable energy in the overall energy mix. The EU’s Horizon 2020 program has funded several AWE projects, providing significant financial support for research and development. Similarly, in the United States, the Department of Energy offers various grants and incentives for innovative renewable energy technologies, including AWE. This regulatory support not only makes it financially viable for companies to develop and deploy AWE systems but also signals to investors that there is a stable and supportive policy environment for long-term investments.
The Airborne Wind Energy Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Government Policies and Regulatory Support
Government policies and regulatory support are critical drivers for the global airborne wind energy (AWE) market. Many governments worldwide are enacting policies to promote renewable energy sources, including wind energy. These policies often come in the form of subsidies, tax incentives, and grants that reduce the financial burden on companies investing in AWE technologies.For instance, the European Union has been a strong proponent of renewable energy, setting ambitious targets for reducing carbon emissions and increasing the share of renewable energy in the overall energy mix. The EU’s Horizon 2020 program has funded several AWE projects, providing significant financial support for research and development. Similarly, in the United States, the Department of Energy offers various grants and incentives for innovative renewable energy technologies, including AWE. This regulatory support not only makes it financially viable for companies to develop and deploy AWE systems but also signals to investors that there is a stable and supportive policy environment for long-term investments.
High Cost of Building and Installing Turbines Hinder the Market Growth
The high cost associated with building and installing wind turbines poses a significant restraining factor for the wind energy market. Wind turbines, particularly large-scale commercial ones, entail substantial upfront investment, with costs ranging from millions to tens of millions of dollars per turbine. For instance, the manufacturing and installation of a powerful 12 MW offshore wind turbine can amount to as much as $400 million. This cost escalates with the size of the turbine, further exacerbating financial barriers to entry for wind energy projects. Despite advancements in technology and economies of scale, the average cost per megawatt (MW) of electricity-producing capacity remains significant, typically ranging between $2.6 to $4 million.Key Questions Answered
- How is the airborne wind energy market evolving?
- What is driving and restraining the airborne wind energy market?
- How will each airborne wind energy submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each airborne wind energy submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading airborne wind energy markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the airborne wind energy projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of airborne wind energy projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the airborne wind energy market?
- Where is the airborne wind energy market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the airborne wind energy market today, and over the next 10 years:
- This 369-page report provides 127 tables and 168 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them - NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising airborne wind energy prices and recent developments.
Segments Covered in the Report
Market Segment by Application
- Onshore
- Offshore
Market Segment by Power Generation Capacity
- Small-scale Systems (Below 100 kW)
- Medium-scale Systems (100 kW-1 MW)
- Large-scale Systems (Above 1 MW)
Market Segment by Component
- Airborne Wind Turbines
- Ground Station
- Tether
- Other Components
Market Segment by Technology Type
- Kite-based Systems
- Balloon-based Systems
- Glider-based Systems
- Aircraft-based Systems
- Other Technology Type
North America
- U.S.
- Canada
Europe
- Germany
- Netherlands
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Leading companies profiled in the report
- Alphabet Inc.
- Ampyx Power
- Aviantis Energy Group
- Ecoloop
- Enercon GmbH
- EnerKite GmbH
- Envision Group
- General Electric Company
- Goldwind Science & Technology Co., Ltd.
- KiteGen Venture
- Kitemill AS
- Kitenerg
- Kitepower
- KiteX
- Nordex SE
- NTS Energie- und Transportsysteme GmbH
- Siemens Energy AG
- SkySails Power GmbH
- Suzlon Energy
- TwingTec AG
- Vestas Wind Systems A/S
- Windswept and Interesting Ltd.
How will the Airborne Wind Energy Market, 2024 to 2034 report help you?
In summary, the 360+ page report provides you with the following knowledge:- Revenue forecasts to 2034 for Airborne Wind Energy Market, 2024 to 2034 Market, with forecasts for application, power generation capacity, component, and technology type, each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Airborne Wind Energy Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Netherlands, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 22 of the major companies involved in the Airborne Wind Energy Market, 2024 to 2034.
Information found nowhere else
With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Airborne Wind Energy Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.Table of Contents
1 Report Overview
3 Market Overview
4 Airborne Wind Energy Market Analysis by Application
5 Airborne Wind Energy Market Analysis by Power Generation Capacity
6 Airborne Wind Energy Market Analysis by Component
7 Airborne Wind Energy Market Analysis by Technology Type
8 Airborne Wind Energy Market Analysis by Region
9 North America Airborne Wind Energy Market Analysis
10 Europe Airborne Wind Energy Market Analysis
11 Asia-Pacific Airborne Wind Energy Market Analysis
12 Middle East and Africa Airborne Wind Energy Market Analysis
13 Latin America Airborne Wind Energy Market Analysis
14 Company Profiles
15 Conclusion and Recommendations
List of Tables
List of Figures
Companies Mentioned
- Alphabet Inc.
- Ampyx Power
- Aviantis Energy Group
- Ecoloop
- Enercon GmbH
- EnerKite GmbH
- Envision Group
- General Electric Company
- Goldwind Science & Technology Co., Ltd.
- KiteGen Venture
- Kitemill AS
- Kitenerg
- Kitepower
- KiteX
- Nordex SE
- NTS Energie- und Transportsysteme GmbH
- Siemens Energy AG
- SkySails Power GmbH
- Suzlon Energy
- TwingTec AG
- Vestas Wind Systems A/S
- Windswept and Interesting Ltd.
- ACWA Power
- Air Products
- Airborne Wind Europe
- AiSails Power Inc.
- Altaeros (USA)
- Clean Energy Investor Group (CEIG)
- CTL Tástáil Teo
- E-Kite (Netherlands)
- Embraer
- Enel Green Power South Africa
- EnerKite (Germany)
- Flying Wind (USA)
- Halcium (UK)
- Herbert Smith Freehills
- Joby Energy (USA)
- Mingyang Smart Energy
- Mitsui
- NEOM Green Hydrogen Co.
- Nippon Telegraph & Telephone (NTT)
- NORDEX SE
- Osaka Gas
- Petrobras
- Radia
- Sasol South Africa
- Senvion
- Skypull (Lugano-based)
- TU Delft
- Twing Energy (Germany)
- Unison
- United Power
- Vestas
- WEG SA
- Wildlife Imaging Systems LLC
- Windhorse Aerospace (UK)
- Windlift (USA)
- Zero Nexus
- Advanced Wind Energy Systems Operation and Maintenance Expertise Network (AWESOME)
- Airborne Wind Energy Consortium (AWEC)
- Airborne Wind Europe (AWEU)
- American Wind Energy Association (AWEA)
- Blue Planet Alliance
- Clean Energy Council (Australia)
- European Association for Renewable Energy (EUROSOLAR)
- European Union's Emission Trading System (ETS)
- European Wind Energy Association (EWEA)
- Global Wind Energy Council (GWEC)
- Indian Wind Turbine Manufacturers Association (IWTMA)
- International Electrotechnical Commission (IEC)
- International Energy Agency (IEA)
- International Energy Agency Wind Task 11
- International Renewable Energy Agency (IRENA)
- Interreg Northwest Europe
- Japan Wind Energy Association (JWEA)
- King Abdullah University of Science and Technology (KAUST)
- KiteGen Research (Italy)
- Latin American Wind Energy Association (LAWEA)
- MegaAwe Project
- National Renewable Energy Laboratory (NREL)
- Norwegian Wind Energy Association (NORWEA)
- Renewable Energy Sources Act (EEG) in Germany
- South Korea Ministry of Trade, Industry & Energy
- The Airborne Wind Energy Industry Association (AWEIA)
- The German Wind Energy Association (BWE)
- U.S. Department of Energy's Wind Energy Technologies Office (WETO)
- University of Alberta
- University of Galway
- Wind Energy Association of Canada (WEAC)
- Wind Energy Denmark (WED)