Small Wind Turbine Market to Reach at a CAGR of 12.49% by 2022


    Global Small Wind Turbine Market Research Report 2018 to 2022 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Small Wind Turbine Market.

    This report studies the Small Wind Turbine market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries. The report covers the present scenario and the growth prospects of the global Small Wind Turbine retail market for 2018-2022. To calculate the market size, the report includes segmentation of the market on the basis of product category and geography.

    The global Small Wind Turbine market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

    MIR recognizes the following companies as the key players in the global small wind turbine market: ArborWind, City Windmills, Envergate Energy, Kingspan, Oy Windside Production, and Shanghai Ghrepower Green Energy.

    Commenting on the report, an analyst from MIR’s team said: One trend in the market is adoption of hybrid street lighting systems. Street lighting is provided by local power utilities, and a considerable amount of money is being spent to light up streets and public places to ensure visibility during the night and keep pedestrians safe. This leads to increased energy bills for local municipalities that use off-grid systems. A standalone renewable system from a single source of renewable is insufficient due to the intermittent nature of the energy source.

    According to the report, one driver in the market is increasing investments in renewable energy. A positive consequence of reduced carbon emissions is the growth in clean energy technology. The transition from fossil fuels and conventional sources of energy to renewable sources, such as wind and solar, is the key to achieving social, economic, and environmental development. As per the IEA, in 2016, global investments in renewable energy were over $300 billion.

    Further, the report states that one challenge in the market is declining cost of solar PV modules. One big obstacle that vertical axis wind turbine systems face is the need to compete with well-established power sources such as solar power. Solar-based, off-grid projects are one of the oldest systems used to provide power to remote communities. Off-grid solar power systems can be used as standalone systems in off-grid applications where they are combined with energy storage systems.

    The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

    Companies Mentioned are ArborWind, City Windmills, Envergate Energy, Kingspan, Oy Windside Production, and Shanghai Ghrepower Green Energy.

    Major points covered in Global Small Wind Turbine Market 2018 Research are:-

    • What will the market size and the growth rate be in 2022?
    • What are the key factors driving the global Small Wind Turbine market?
    • What are the key market trends impacting the growth of the global Small Wind Turbine market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Small Wind Turbine market?
    • What are the market opportunities and threats faced by the vendors in the global Small Wind Turbine market?
    • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
    • What are the key outcomes of the five forces analysis of the global Small Wind Turbine market?

    This independent 112 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Small Wind Turbine market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022.

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    Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Small Wind Turbine in these regions, from 2018 to 2022 (forecast), covering Americas, APAC and EMEA.

    The report provides a basic overview of the Small Wind Turbine industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

    Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Small Wind Turbine industry development trends and marketing channels are analyzed.

    The research includes historic data from 2012 to 2017 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Small Wind Turbine on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Small Wind Turbine Market and assist manufacturers and investment organization to better grasp the development course of Small Wind Turbine Market.

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