Description
Small Wind Power Market Analysis
Market Overview
The Small Wind Power Market is anticipated to enroll a significant CAGR of 14.82% during the figure time frame. Rising interest in the improvement of clean energy and the reception of small winds in a few business applications and country families are the key market drivers upgrading the market development.
The tall pinnacle base of the small HAWTs is an advantage since it gives them more grounded admittance to wind in areas with wind shear. An adaptable and versatile technique for creating supportable power is small wind power. These are utilized as independent or lattice-associated gadgets in farmhouses, far-off and rustic areas, media transmission pinnacles, homes, and tall structures. Tiny wind power is located close to areas with energy needs and is simpler to install and operate than its larger counterparts.
In countries like India, China, Africa, and other South American nations where the availability of the electric grid is minimal, there will be a rise in interest in small wind power frameworks for household energy and water supply for water systems in rural regions. This will accelerate the global market CAGR for small wind power in the coming years.
Market Segmentation
By grid connectivity, the market division for small wind turbines keeps track of grid and off-grid systems. The Small Wind Power Market segment includes both a horizontal and vertical axis when examining the axis. Information on the small wind power market has been divided into three groups based on power output: up to 2 kW, 2 kW to 5 kW, and 5 kW to 10 kW.
Regional Analysis
Europe’s Small Wind Power market addressed USD 2.15 billion in 2021 and should show a critical CAGR improvement during the survey time span. As European energy markets become more reliant on a workable power source that is simple to construct and emits no carbon, little wind power has fundamentally grown in importance.
The second-largest segment of the overall market is served by North America’s small wind energy sector.
The responsibility of small wind power to Canada’s energy blend is moreover growing. Tiny wind power is located close to areas with energy needs and is simpler to install and operate than its larger counterparts. In countries like India, China, Africa, and other South American nations where the availability of the electric grid is minimal, there will be a rise in interest in small wind power frameworks for household energy and water supply for water systems in rural regions.
Major Players
The key Companies listed in the small wind power market are Kingspan Group Plc. (Ireland), Bergey Wind Power Co. Inc. (U.S.), S.L. (Spain), Ennera Energy and Mobility, Eocycle Technologies Inc. (Canada), Shanghai Ghrepower Green Energy Co. Ltd (China), XZERES Wind Corporation (U.S.), City Windmills Holdings PLC (U.K.), Guangzhou HY Energy Technology Co. Ltd (China), Northern Power Systems Corp. (U.S.), Endurance Wind Power Inc. (Canada), and Aeolos Wind Energy Ltd (U.K.).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL SMALL WIND POWER MARKET, BY GRID CONNECTIVITY
1.1.2 GLOBAL SMALL WIND POWER MARKET, BY AXIS
1.1.3 GLOBAL SMALL WIND POWER MARKET, BY CAPACITY
1.1.4 GLOBAL SMALL WIND POWER MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 ADOPTION OF SMALL WIND ENERGY IN RURAL HOUSEHOLDS
5.2.2 RISING INVESTMENTS INTO THE DEVELOPMENT OF CLEAN ENERGY
5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINTS
5.3.1 HIGH CAPITAL COST TO RESTRAIN THE GROWTH OF THE SMALL WIND POWER MARKET
5.3.2 RESTRAINTS IMPACT ANALYSIS
5.4 OPPORTUNITIES
5.4.1 FAVORABLE GOVERNMENT INITIATIVES AND POLICIES
5.5 CHALLENGES
5.5.1 RISING ADOPTION AND IMPLEMENTATION OF ALTERNATIVE RENEWABLE RESOURCES
5.6 COVID-19 IMPACT ANALYSIS
5.6.1 IMPACT ON OVERALL RENEWABLE ENERGY INDUSTRY
5.6.2 IMPACT ON SMALL WIND POWER MARKET
5.6.3 IMPACT ON SUPPLY CHAIN OF SMALL WIND POWER MARKET
5.6.3.1 PRICE VARIATION OF KEY RAW MATERIALS
5.6.3.2 PRODUCTION SHUTDOWN
5.6.4 IMPACT ON PRICING OF SMALL WIND POWER
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY/VALUE CHAIN ANALYSIS
6.1.1 DEVELOPMENT
6.1.2 RAW MATERIAL SUPPLY
6.1.3 MANUFACTURING
6.1.4 SALES & DISTRIBUTION
6.1.5 END CONSUMERS
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 BARGAINING POWER OF BUYERS
6.2.4 THREAT OF SUBSTITUTES
6.2.5 INTENSITY OF RIVALRY
7 GLOBAL SMALL WIND POWER MARKET, BY GRID CONNECTIVITY
7.1 OVERVIEW
7.2 ON-GRID
7.2.1 ON-GRID: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
7.3 OFF-GRID
7.3.1 OFF-GRID: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
8 GLOBAL SMALL WIND POWER MARKET, BY AXIS
8.1 OVERVIEW
8.2 HORIZONTAL AXIS
8.2.1 HORIZONTAL AXIS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
8.3 VERTICAL AXIS
8.3.1 VERTICAL AXIS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
9 GLOBAL SMALL WIND POWER MARKET, BY CAPACITY
9.1 OVERVIEW
9.2 UP TO 2KW
9.2.1 UP TO 2KW: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
9.3 2KW TO 5KW
9.3.1 2KW TO 5KW: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
9.4 5KW TO 10KW
9.4.1 5KW TO 10KW: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2022-2030
10 GLOBAL SMALL WIND POWER MARKET, BY REGION
10.1 OVERVIEW
10.2 NORTH AMERICA
10.2.1 U.S.
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 GERMANY
10.3.2 FRANCE
10.3.3 U.K.
10.3.4 ITALY
10.3.5 SPAIN
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 AUSTRALIA
10.4.5 SOUTH KOREA
10.4.6 REST OF ASIA-PACIFIC
10.5 SOUTH AMERICA
10.5.1 BRAZIL
10.5.2 ARGENTINA
10.5.3 REST OF SOUTH AMERICA
10.6 MIDDLE EAST & AFRICA
10.6.1 SAUDI ARABIA
10.6.2 UAE
10.6.3 SOUTH AFRICA
10.6.4 REST OF MEA
11 COMPETITIVE LANDSCAPE
11.1 COMPETITIVEOVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.3.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
11.3.2 PARTNERSHIP AND ACQUISITION
11.3.3 AGREEMENT AND COLLABORATION
11.3.4 OTHER STRATEGIES
12 COMPANY PROFILES
12.1 SD WIND ENERGY
12.1.1 COMPANY OVERVIEW
12.1.2 PRODUCTS OFFERINGS
12.1.3 KEY DEVELOPMENTS
12.1.4 SWOT ANALYSIS
12.1.5 KEY STRATEGIES
12.2 NORTHERN POWER SYSTEMS INC.
12.2.1 COMPANY OVERVIEW
12.2.2 PRODUCTS OFFERINGS
12.2.3 KEY DEVELOPMENTS
12.2.4 SWOT ANALYSIS
12.2.5 KEY STRATEGIES
12.3 CITY WINDMILLS LTD.
12.3.1 COMPANY OVERVIEW
12.3.2 PRODUCTS OFFERINGS
12.3.3 KEY DEVELOPMENTS
12.3.4 SWOT ANALYSIS
12.3.5 KEY STRATEGIES
12.4 BERGEY WINDPOWER CO.
12.4.1 COMPANY OVERVIEW
12.4.2 PRODUCTS OFFERINGS
12.4.3 KEY DEVELOPMENTS
12.4.4 SWOT ANALYSIS
12.4.5 KEY STRATEGIES
12.5 EOCYCLE TECHNOLOGIES INC.
12.5.1 COMPANY OVERVIEW
12.5.2 PRODUCTS OFFERINGS
12.5.3 KEY DEVELOPMENTS
12.5.4 SWOT ANALYSIS
12.5.5 KEY STRATEGIES
12.6 ENNERA ENERGY AND MOBILITY
12.6.1 COMPANY OVERVIEW
12.6.2 PRODUCTS OFFERINGS
12.6.3 SWOT ANALYSIS
12.6.4 KEY STRATEGIES
12.7 AEOLOS WIND ENERGY LTD.
12.7.1 COMPANY OVERVIEW
12.7.2 PRODUCTS OFFERINGS
12.7.3 SWOT ANALYSIS
12.7.4 KEY STRATEGIES
12.8 XZERES WIND CORPORATION
12.8.1 COMPANY OVERVIEW
12.8.2 PRODUCTS OFFERINGS
12.8.3 SWOT ANALYSIS
12.8.4 KEY STRATEGIES
12.9 HY ENERGY CO. LTD.
12.9.1 COMPANY OVERVIEW
12.9.2 PRODUCTS OFFERINGS
12.9.3 SWOT ANALYSIS
12.9.4 KEY STRATEGIES
12.10 SHANGHAI GHREPOWER GREEN ENERGY CO. LTD.
12.10.1 COMPANY OVERVIEW
12.10.2 PRODUCTS OFFERINGS
12.10.3 SWOT ANALYSIS
12.10.4 KEY STRATEGIES
12.11 ZKENERGY SCIENCE & TECHNOLOGY CO. LTD.
12.11.1 COMPANY OVERVIEW
12.11.2 PRODUCTS OFFERINGS
12.11.3 SWOT ANALYSIS
12.11.4 KEY STRATEGIES
12.12 UNITRON ENERGY SYSTEMS PVT. LTD.
12.12.1 COMPANY OVERVIEW
12.12.2 PRODUCTS OFFERINGS
12.12.3 SWOT ANALYSIS
12.12.4 KEY STRATEGIES
12.13 RYSE ENERGY
12.13.1 COMPANY OVERVIEW
12.13.2 PRODUCTS OFFERINGS
12.13.3 KEY DEVELOPMENTS
12.13.4 SWOT ANALYSIS
12.13.5 KEY STRATEGIES”
