Energy & Power / Small Wind Power Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy
Small Wind Power Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report that asserts the global Small Wind Power Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 15.2% during the review period (2022 to 2027).
Small Wind Power Market Overview
The small wind turbine market is largely driven by the advancement of technology and innovations in the global and regional markets. The total price of the small wind turbine varies based on many factors such as cost of installation, space availability, and others. An increase in demand for renewable sources for energy generation coupled with rapid industrialization boosts the growth of the global small wind power market. Besides, the market witnessed significant growth in recent years, owing to the rise in demand for energy and an increase in concerns about the environmental impacts of power generation using fossil fuels. Furthermore, an increase in investments by government agencies to improve electricity generation by integrating renewable sources of energy, such as wind energy, has supplemented the market growth.
Who are the Major Players in the Small Wind Power Market?
Top Key Players in the Small Wind Power Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Small Wind Power Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES and others.
Industry News:
GE Renewable Energy and Continuum Green Energy have signed another important wind power project in India.
Jan 13, 2022 – GE Renewable Energy announced today that Continuum Trinethra Renewables Pvt Ltd (a subsidiary of Continuum Green Energy) has ordered 37 units of its 2.7-132 onshore wind turbines for the 99.9 MW Rajkot wind farm in Gujarat, India. GE and Continuum signed a contract last year to supply turbines to the 148.5 MW Morjar, Bhuj wind farm in Gujarat, India.
What are the major Applications, Types, and Regions for the Small Wind Power Market?
The small Wind Power Market is segmented based on the type, applications, companies, and regions.
By Type, Small Wind Power Market has been segmented into
Horizontal axis wind turbine
Vertical axis wind turbine
The end user’s industry application on Small Wind Power Market is,
On-Grid
Off-Grid
Small Wind Power Market Regional Analysis:
Europe emerged as the global leader with over 41% of the small wind market. Germany and the U.K. held the maximum share in Europe, virtually dominating the market primarily owing to large-scale funding received by both countries cumulatively. Numerous manufacturers have set up regional offices along with production facilities in these countries to capitalize on the current boom in the industry
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Small Wind Power Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 15.2% during the review period (2022 to 2027).
By Type
Horizontal axis wind turbine
Vertical axis wind turbine
By Application
On-Grid
Off-Grid
By Companies
Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES and others.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
120
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Small Wind Power Report
Evaluate Small Wind Power market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Small Wind Power market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Small Wind Power Market is studied from 2017 - 2027.
What is the growth rate of Small Wind Power Market?
The Small Wind Power Market is growing at a CAGR of 15.2% over the next 5 years.
Who are the leading key players in Small Wind Power Market?
Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES and others.
What regions do this Small Wind Power Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What is the significant Types of Small Wind Power Market?
What is the significant Applications of Small Wind Power Market?
On-Grid, Off-Grid
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
