Small Wind Turbine Market To Increase By USD 755.65 Million Between 2023 To 2028, Aelius Turbina, Aeolos Wind Energy Ltd., Arborwind And More Among Key Companies - Technavio
Date
12/8/2023 5:17:52 PM
(MENAFN- PR Newswire) NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The small wind turbine market size is expected to grow by USD 755.65 million from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of
9.06% during the forecast period, according to Technavio.
Increasing investments in renewable energy are notably driving the small wind turbine market. However,
factors such as the declining cost of solar PV modules may impede market growth. The market is segmented by Type (Horizontal Axis and Vertical Axis), Installation Sites (Onshore and Offshore), and Geography (APAC, Europe, North America, South America, and Middle East and Africa).
We provide a detailed analysis of 20 companies operating in the small wind turbine market including
Aelius Turbina, Aeolos Wind Energy Ltd., ArborWind, BP Plc, Chava Wind LLC, City Windmills Ltd., EOCYCLE, GRESA GROUP Co., Hi VAWT Technology Corp., Kingspan Group Plc, Kliux Energies International Inc., Leviathan Energy LLC, Northern Power Systems Srl, Oy Windside Production Ltd., SD Wind Energy Ltd., Shanghai Ghrepower Green Energy Co. Ltd, Superwind GmbH, TUGE Energia, V Air Wind Technologies, Vaata Smart Pvt. Ltd., and Viking Wind.
The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report. Continue Reading
![Technavio has announced its latest market research report titled Global Small Wind Turbine Market 2024-2028]( "Technavio has announced its latest market research report titled Global Small Wind Turbine Market 2024-2028")
Technavio has announced its latest market research report titled Global Small Wind Turbine Market 2024-2028
Small Wind Turbine Market 2024-2028:
Company Analysis
ArborWind: The company offers small wind turbines such as ArborWind PT180, which is a vertical axis wind turbine that uses proprietary technology.
This report provides a full list of key companies, their strategies, and latest developments. Buy Now for detailed company information
Small Wind Turbine Market 2024-2028:
Segmentation
Type
The
horizontal axis segment will be the largest contributor to market growth during the forecast period. The horizontal axis wind turbines have various advantages such as high generating capacity, variable pitch blade capacity, and improved efficiency. The growth of this segment is attributed to factors such as increasing energy security needs. Installation Sites (Onshore and Offshore).
Geography
APAC will
contribute 45% to the growth of the global market during the forecast period.
China and India hold a major share when it comes to the global economy due to the
race toward industrialization and urbanization.
Europe, North America, South America, and Middle East and Africa.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
Small Wind Turbine Market 2024-2028:
Key Highlights
Historic Market Size 2018-2022 CAGR of the market during 2024-2028 Detailed information on factors that will assist small wind turbine market growth during the next five years Estimation of the small wind turbine market
size and its contribution to the parent market Forecasts on upcoming trends and changes in consumer behavior The growth of the small wind turbine market Analysis of the competitive landscape and detailed information on companies Comprehensive details of factors that will impede the growth of small wind turbine market companies
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| Small Wind Turbine Market Scope |
| Report Coverage | Details |
| Base year | 2023 |
| Historic period | 2018-2022 |
| Forecast period | 2024-2028 |
| Growth momentum & CAGR | Accelerate at a CAGR of 9.06% |
| Market growth 2024-2028 | USD 755.65 million |
| Market structure | Fragmented |
| YoY growth 2022-2023 (%) | 8.45 |
| Regional analysis | APAC, Europe, North America, South America, and Middle East and Africa |
| Performing market contribution | APAC at 45% |
| Key countries | US, China, Japan, Germany, and Spain |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Aelius Turbina, Aeolos Wind Energy Ltd., ArborWind, BP Plc, Chava Wind LLC, City Windmills Ltd., EOCYCLE, GRESA GROUP Co., Hi VAWT Technology Corp., Kingspan Group Plc, Kliux Energies International Inc., Leviathan Energy LLC, Northern Power Systems Srl, Oy Windside Production Ltd., SD Wind Energy Ltd., Shanghai Ghrepower Green Energy Co. Ltd, Superwind GmbH, TUGE Energia, V Air Wind Technologies, Vaata Smart Pvt. Ltd., and Viking Wind |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by WRITERS
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers,
Challenges, &
Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide
actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
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