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Small Wind Turbines Market Projected to Reach 470 Million US$ by 2025

This study focuses on the production side and consumption side of Small Wind Turbines, presents the global Small Wind Turbines market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

 

Los Angeles, CA -- (SBWIRE) -- 09/25/2018 -- In terms of production side, this report researches the Small Wind Turbines capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Small Wind Turbines by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

A small wind turbine is a wind turbine used for microgeneration, as opposed to large commercial wind turbines, such as those found in wind farms, with greater individual power output.

The market volume of small wind turbines is related to economical and political factors. As there will always be some uncertainties in the global economy in the following years, the growth rate of small wind turbines market might not keep that fast. But it is surely forecasted that the market of small wind turbines is still promising. The significant rise in demand for renewable sources of energy generation coupled with rapid industrialization is a key driving factor boosting the small wind power market world-wide. Furthermore, growing concerns over adverse environmental impacts of power generated through fossil fuel will further result in the adoption of wind power as alternative sources of power as a convenient & cost-effective solution.

The Small Wind Turbines market was valued at 230 Million US$ in 2017 and is projected to reach 470 Million US$ by 2025, at a CAGR of 9.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Small Wind Turbines.

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This report includes the following manufacturers; we can also add the other companies as you want.

Northern Power Systems

Primus Wind Power

Ghrepower

Ningbo WinPower

Bergey wind power

ZK Energy

Polaris America

Ogin, Inc.

Renewtech

Montanari Energy

Turbina Energy AG

Oulu

Eocycle

HY Energy

S&W Energy Systems

Kliux Energies

Market Segment by Product Type

Horizontal axis wind turbine

Vertical axis wind turbine

Market Segment by Application

On-Grid

Off-Grid

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