Small Wind Market
Small Wind - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Small Wind Market is accounted for $713.168 million in 2018 and is expected to reach $2,712.15 million by 2027 growing at a CAGR of 16.0% during the forecast period. The growth of the market is mainly attributed by rising demand for renewable sources for energy generation and rapidly growing industrialization has played a major part in driving the market growth. However, increasing popularity of solar energy is perceived as threat to wind energy owing to its competitive pricing and easy availability of components.
Small wind turbines for residential scale are widely available for the installation in the market. The turbine blades are usually 1.5 to 3.5 metres in diameter and generate 1-10kw of power in their optimal wind speed. A small wind system can be connected to the electric grid through the power provider or it can stand alone (off-grid). This makes small wind electric systems a good choice for rural areas that are not already connected to the electric grid. A wind electric system is made up of a wind turbine mounted on a tower to provide better access to stronger winds. In addition to the turbine and tower, small wind electric systems also require balance-of-system components.
Based on type, the vertical axis wind turbine is likely to have a huge demand in the in the small wind market owing to affordable pricing coupled with numerous environmental benefits offered by the design. By geography, Europe is likely to have a huge demand owing to numerous manufacturers establishing their companies along with production facilities in Germany and UK to capitalize the current boom in the industry as well as leverage their positions to become market leaders.
Some of the key players profiled in the Small Wind include Northern Power Systems Inc, Superwind, Wind Energy Solutions, Xzeres Wind Corporation, HY Energy Co. Ltd, City Windmills, Endurance Wind Power Inc., Shanghai Ghrepower Green Energy Co., Ltd., Zkenergy Technology Co., Ltd., Bergey WindPower Co, Envergate Energy AG, Dibu Wind, Kliux Energies, and Kingspan Environment.
Types Covered:
• Vertical Axis Wind Turbine
• Horizontal Axis Wind Turbine
Applications Covered:
• Off-Grid
• On-Grid
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Small Wind Market, By Type
5.1 Introduction
5.2 Vertical Axis Wind Turbine
5.3 Horizontal Axis Wind Turbine
6 Global Small Wind Market, By Application
6.1 Introduction
6.2 Off-Grid
6.3 On-Grid
7 Global Small Wind Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Eocycle Technologies Inc.
9.2 Northern Power Systems Inc
9.3 Superwind
9.4 Wind Energy Solutions
9.5 Xzeres Wind Corporation
9.6 HY Energy Co. Ltd (China)
9.7 City Windmills
9.8 Endurance Wind Power Inc. (Canada)
9.9 Shanghai Ghrepower Green Energy Co., Ltd.
9.10 Zkenergy Technology Co., Ltd.
9.11 Bergey WindPower Co
9.12 Envergate Energy AG
9.13 Dibu Wind
9.14 Kliux Energies
9.15 Kingspan Environment
List of Tables
1 Global Small Wind Market Outlook, By Region (2017-2027) (US $MN)
2 Global Small Wind Market Outlook, By Type (2017-2027) (US $MN)
3 Global Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
4 Global Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
5 Global Small Wind Market Outlook, By Application (2017-2027) (US $MN)
6 Global Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
7 Global Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
8 North America Small Wind Market Outlook, By Country (2017-2027) (US $MN)
9 North America Small Wind Market Outlook, By Type (2017-2027) (US $MN)
10 North America Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
11 North America Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
12 North America Small Wind Market Outlook, By Application (2017-2027) (US $MN)
13 North America Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
14 North America Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
15 Europe Small Wind Market Outlook, By Country (2017-2027) (US $MN)
16 Europe Small Wind Market Outlook, By Type (2017-2027) (US $MN)
17 Europe Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
18 Europe Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
19 Europe Small Wind Market Outlook, By Application (2017-2027) (US $MN)
20 Europe Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
21 Europe Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
22 Asia Pacific Small Wind Market Outlook, By Country (2017-2027) (US $MN)
23 Asia Pacific Small Wind Market Outlook, By Type (2017-2027) (US $MN)
24 Asia Pacific Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
25 Asia Pacific Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
26 Asia Pacific Small Wind Market Outlook, By Application (2017-2027) (US $MN)
27 Asia Pacific Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
28 Asia Pacific Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
29 South America Small Wind Market Outlook, By Country (2017-2027) (US $MN)
30 South America Small Wind Market Outlook, By Type (2017-2027) (US $MN)
31 South America Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
32 South America Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
33 South America Small Wind Market Outlook, By Application (2017-2027) (US $MN)
34 South America Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
35 South America Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
36 Middle East & Africa Small Wind Market Outlook, By Country (2017-2027) (US $MN)
37 Middle East & Africa Small Wind Market Outlook, By Type (2017-2027) (US $MN)
38 Middle East & Africa Small Wind Market Outlook, By Vertical Axis Wind Turbine (2017-2027) (US $MN)
39 Middle East & Africa Small Wind Market Outlook, By Horizontal Axis Wind Turbine (2017-2027) (US $MN)
40 Middle East & Africa Small Wind Market Outlook, By Application (2017-2027) (US $MN)
41 Middle East & Africa Small Wind Market Outlook, By Off-Grid (2017-2027) (US $MN)
42 Middle East & Africa Small Wind Market Outlook, By On-Grid (2017-2027) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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