Vertical Axis Wind Turbine Market Predicted to Reach 17700 Million US$ by the End of 2025

Date

12/17/2018 3:10:36 PM

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(MENAFN- iCrowdNewsWire) This report studies the global Vertical Axis Wind Turbine market status and forecast, categorizes the global Vertical Axis Wind Turbine market size (value & volume) by manufacturers, type, application, and region.

Vertical-axis wind turbines (VAWTs) are a type of wind turbine where the main rotor shaft is set vertically and the main components are located at the base of the turbine. This arrangement allows the generator and gearbox to be located close to the ground, facilitating service and repair. VAWTs do not need to be pointed into the wind, which removes the need for wind-sensing and orientation mechanisms. Vertical axis wind turbines offer several potential advantages over the standard horizontal axis wind turbines which are now in common use worldwide.

The US and Europe are the major suppliers of vertical axis wind turbine and also the major consumption markets. In the US, the large land makes it expansive to connect the remote villages into grid. And there is also massive wind power resource, which drive the development of vertical axis wind turbine industry.

China is another major consumption market. Due to the supportive policies established in recent years, the wind power industry is fast developing. In China, the added capacity of wind turbine is more than 100 megawatts in 2014, while most of them are horizontal axis wind turbines.

The global Vertical Axis Wind Turbine market is valued at 12600 million US$ in 2017 and will reach 17700 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2018-2025.

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The major manufacturers covered in this report

• UGE
• Helix Wind
• Wind Harvest
• Astralux
• Kliux Energies
• Sycamore Energy
• Ropatec
• Arborwind
• Quietrevolution
• Turbine
• Luethi Enterprises
• Aeolos
• Oy Windside Production
• Eastern Wind Power
• Windspire Energy
• SAW
• Ningbo Fengshen
• MUCE

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

• North America
• Europe
• China
• Japan
• India
• Southeast Asia
• Other regions (Central & South America, Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Darrieus
• Savonius

By Application, the market can be split into

• Residential
• Commercial and Industrial
• Fishery and Recreational Boats
• Hybrid Systems
• Pastures, Farms and Remote Villages
• Potable Systems for Leisure
• Pumping
• Desalination and Purification
• Remote Monitoring
• Research and Education

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