Small Wind Turbine Market Size 2025-2029
The small wind turbine market size is forecast to increase by USD 821.7 million, at a CAGR of 9.1% between 2024 and 2029.
- The market is experiencing significant growth, driven by increasing investments in renewable energy and the adoption of hybrid street lighting systems. These systems combine wind and solar energy sources, offering energy efficiency and cost savings. Another key trend is the declining cost of solar PV modules, which can impact the competitiveness of small wind turbines in certain applications. However, challenges persist, including the intermittency of wind energy and the need for efficient energy storage solutions. Manufacturers of small wind turbines, such as Vestas Wind Systems and Nordex, must navigate these challenges by developing advanced technologies for energy storage and improving turbine efficiency.
- Additionally, focusing on niche applications, such as off-grid and remote power, can provide opportunities for growth in the market. Overall, the market presents both challenges and opportunities for companies seeking to capitalize on the shift towards renewable energy and provide innovative solutions for energy storage and efficiency.
What will be the Size of the Small Wind Turbine Market during the forecast period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Installation Sites
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Small Wind Turbine Market 2019 - 2023
- Historic Market Size - Data Table on Global Small Wind Turbine Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 Installation Sites segment analysis 2019 - 2023
- Historic Market Size - Installation Sites Segment 2019 - 2023 ($ million)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on Global Small Wind Turbine Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Horizontal axis - Market size and forecast 2024-2029
- Chart on Horizontal axis - Market size and forecast 2024-2029 ($ million)
- Data Table on Horizontal axis - Market size and forecast 2024-2029 ($ million)
- Chart on Horizontal axis - Year-over-year growth 2024-2029 (%)
- Data Table on Horizontal axis - Year-over-year growth 2024-2029 (%)
- 8.4 Vertical axis - Market size and forecast 2024-2029
- Chart on Vertical axis - Market size and forecast 2024-2029 ($ million)
- Data Table on Vertical axis - Market size and forecast 2024-2029 ($ million)
- Chart on Vertical axis - Year-over-year growth 2024-2029 (%)
- Data Table on Vertical axis - Year-over-year growth 2024-2029 (%)
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Installation Sites
- 9.1 Market segments
- Chart on Installation Sites - Market share 2024-2029 (%)
- Data Table on Installation Sites - Market share 2024-2029 (%)
- 9.2 Comparison by Installation Sites
- Chart on Comparison by Installation Sites
- Data Table on Comparison by Installation Sites
- 9.3 Onshore - Market size and forecast 2024-2029
- Chart on Onshore - Market size and forecast 2024-2029 ($ million)
- Data Table on Onshore - Market size and forecast 2024-2029 ($ million)
- Chart on Onshore - Year-over-year growth 2024-2029 (%)
- Data Table on Onshore - Year-over-year growth 2024-2029 (%)
- 9.4 Offshore - Market size and forecast 2024-2029
- Chart on Offshore - Market size and forecast 2024-2029 ($ million)
- Data Table on Offshore - Market size and forecast 2024-2029 ($ million)
- Chart on Offshore - Year-over-year growth 2024-2029 (%)
- Data Table on Offshore - Year-over-year growth 2024-2029 (%)
- 9.5 Market opportunity by Installation Sites
- Market opportunity by Installation Sites ($ million)
- Data Table on Market opportunity by Installation Sites ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 11.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 11.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 11.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 11.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 11.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 11.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 11.10 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 11.11 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 11.12 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 11.13 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 11.14 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 11.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 11.16 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 11.17 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)
- 11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Aeolos Wind Energy Ltd.
- Aeolos Wind Energy Ltd. - Overview
- Aeolos Wind Energy Ltd. - Product / Service
- Aeolos Wind Energy Ltd. - Key offerings
- SWOT
- 14.5 ArborWind
- ArborWind - Overview
- ArborWind - Product / Service
- ArborWind - Key offerings
- SWOT
- 14.6 BP Plc
- BP Plc - Overview
- BP Plc - Business segments
- BP Plc - Key news
- BP Plc - Key offerings
- BP Plc - Segment focus
- SWOT
- 14.7 Chava Wind LLC
- Chava Wind LLC - Overview
- Chava Wind LLC - Product / Service
- Chava Wind LLC - Key offerings
- SWOT
- 14.8 City Windmills Ltd.
- City Windmills Ltd. - Overview
- City Windmills Ltd. - Product / Service
- City Windmills Ltd. - Key offerings
- SWOT
- 14.9 EOCYCLE
- EOCYCLE - Overview
- EOCYCLE - Product / Service
- EOCYCLE - Key offerings
- SWOT
- 14.10 GRESA GROUP Co.
- GRESA GROUP Co. - Overview
- GRESA GROUP Co. - Product / Service
- GRESA GROUP Co. - Key offerings
- SWOT
- 14.11 Hi VAWT Technology Corp.
- Hi VAWT Technology Corp. - Overview
- Hi VAWT Technology Corp. - Product / Service
- Hi VAWT Technology Corp. - Key offerings
- SWOT
- 14.12 Kingspan Group Plc
- Kingspan Group Plc - Overview
- Kingspan Group Plc - Business segments
- Kingspan Group Plc - Key news
- Kingspan Group Plc - Key offerings
- Kingspan Group Plc - Segment focus
- SWOT
- 14.13 Kliux Energies International Inc.
- Kliux Energies International Inc. - Overview
- Kliux Energies International Inc. - Product / Service
- Kliux Energies International Inc. - Key offerings
- SWOT
- 14.14 Leviathan Energy LLC
- Leviathan Energy LLC - Overview
- Leviathan Energy LLC - Product / Service
- Leviathan Energy LLC - Key offerings
- SWOT
- 14.15 Oy Windside Production Ltd.
- Oy Windside Production Ltd. - Overview
- Oy Windside Production Ltd. - Product / Service
- Oy Windside Production Ltd. - Key offerings
- SWOT
- 14.16 Shanghai Ghrepower Green Energy Co. Ltd.
- Shanghai Ghrepower Green Energy Co. Ltd. - Overview
- Shanghai Ghrepower Green Energy Co. Ltd. - Product / Service
- Shanghai Ghrepower Green Energy Co. Ltd. - Key offerings
- SWOT
- 14.17 Superwind GmbH
- Superwind GmbH - Overview
- Superwind GmbH - Product / Service
- Superwind GmbH - Key offerings
- SWOT
- 14.18 TUGE Energia
- TUGE Energia - Overview
- TUGE Energia - Product / Service
- TUGE Energia - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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