Global Small Wind Market Analysis 2014-2017 & 2025 By Application (Off grid, On grid), & Axis Type (Horizontal Axis, Vertical Axis) – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Small
Wind Market Analysis, By Application (Off grid, On grid), By Axis Type
(Horizontal Axis, Vertical Axis), By Region (North America, Europe, Asia
Pacific, South & Central America and MEA) And Segment Forecasts, 2014 –
2025” report has been added to Research and Markets’
offering.

The global small wind market is expected to reach USD 1.79 billion by
2025

Increasing awareness about renewable energy along with government
regulations to control growing carbon footprint is further propelling
the market growth.

Increasing global population coupled with rising energy deficit are some
of the factors anticipated to positively influence the small wind
market. In addition, the gradual reduction in per kilowatt prices along
with affordable installation prices of wind turbines for electricity
demand will favor the business growth.

Stringent government regulations are encouraging grid connectivity to
reduce the burden on use of non-renewable sources for electricity
generation. Numerous financial and economic benefits including
Feed-in-Tariffs (FiT), Production Tax Credit (PTC), Investment Tax
Credit (ITC) among others are expected to augment the small wind market
growth over the forecast period.

The off-grid application segment of the small wind market is expected to
account for 59.58% of the global market share in 2025. The demand for
off-grid wind turbines can be attributed to the long standing
conventional methods of harnessing this energy for electrification,
however, this segment is set to witness a decline due to the government
initiatives launched to boost grid connectivity. Such regulatory
initiatives will boost the on-grid segment of the small wind market over
the forecast period.

Horizontal axis wind turbines (HAWT) are the preferred axis type in the
global small wind market given the ease in installation coupled with
affordable pricing. However, the Vertical Axis Wind Turbine (VAWT) is
fast gaining consumers’ attention and is expected to grow at a higher
rate over the forecast period.

Europe was the leading region due to changing perceptions towards
adoption of renewable energy. Large scale investments along with high
consumer awareness is predicted to drive the small wind market by 2025.
The abundant availability of onshore and offshore regions for wind
turbine installation options is augmenting the growth of the regional
market over the forecast period.

Key Topics Covered:

1 Research Methodology

2. Executive Summary

3. Small Wind Market Variables, Trends & Scope

4. Small Wind Market: Application Estimates & Trend Analysis

5. Small Wind Market: Axis Type Estimates & Trend Analysis

6. Small Wind Market: Regional Estimates & Trend Analysis

7. Competitive Landscape

8. Company Profiles

• City Windmills
• Bergey WindPower Co
• Envergate Energy AG
• Eocycle
• Shanghai Ghrepower Green Energy Co., Ltd
• Dibu Wind
• Kingspan Environment
• Kliux Energies
• Superwind
• Northern Power Systems Inc
• Xzeres Wind Corporation

For more information about this report visit https://www.researchandmarkets.com/research/fb3gvf/small_wind_market

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Related
Topics: Wind
Power