World economic growth, the Small Wind Power Competitive industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Small Wind Power Competitive market size to maintain the average annual growth rate of 0.0543648111252 from 330.0 million $ in 2014 to 430.0 million $ in 2020, Stratagem Market Insights analysts believe that in the next few years, Small Wind Power Competitive market size will be further expanded, we expect that by 2026, The market size of the Small Wind Power Competitive will reach 800.0 million $.
Overview:
Wind turbines convert the kinetic energy in wind into clean electricity. Small wind turbines also known as Micro Wind are used for power generation, with greater individual power output. The wind turbines have power ratings ranging from a few watts to a thousand watts. Small wind turbines include wind turbines with a diameter of 15 meters. Small wind power plants are designed for small and individual customers such as farms, households, weather stations, advertising systems, and road signalization. The global small wind power competitive market focuses on six regions namely North America, South America, Asia Pacific, Europe, Middle East, and Africa.
Drivers:
The increasing demand for electricity across the world is expected to fuel growth of the global small wind power competitive market during the forecast period. According to Wood Mackenzie, the United States has an opportunity to accelerate offshore wind energy development by 28 GW, producing US$ 1.7 billion in the U.S. Treasury revenue by 2022. Rapid industrialization and rising environmental concerns are also expected to propel growth of the market. Furthermore, raising awareness among consumers about the use of renewable energy sources is also expected to propel the market growth.
Restraint:
Increasing adoption of alternative energy sources such as solar power and gas-based power, are expected to hinder growth of the global small wind power competitive market during the forecast period.
Regional Insights:
Europe is expected to witness lucrative growth in the global small wind power competitive market during the forecast period due to increasing demand for electricity.
Asia Pacific is expected to register robust growth in the global small wind power competitive market due to increased investments by governments in deployment of renewable sources of energy. For instance, according to the Central Electricity Authority (CEA), India’s renewable energy generation grew to 9.46% in January 2020.
Competitive Section:
Kay players operating in the global small wind power competitive market are Xzeres Wind Corp, HY Energy, Britwind, Bergey Windpower, Polaris America, Nanjing Oulu, WinPower Energy, Fortis Wind Energy, Endurance Wind Power, Ghrepower Green Energy, Kingspan Group PLC, Wind Energy Solutions, and Northern Power Systems.
In August 2020, Puget Sound Energy partnered with Avangrid Renewables to build a new 200-MW wind farm. It will be built by Avangrid Renewables in Sherman County, Oregon (the U.S.).
In 2019, Britwind partnered with Universal mCloud to upgrade wind turbines of the Endurance E-series class.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the World, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information,
Section 1: Definition
Section (2 3): Manufacturer Detail
Northern Power Systems
Wind Energy Solutions
Kingspan Group PLC
Ghrepower Green Energy
Endurance Wind Power
Fortis Wind Energy
WinPower Energy
Nanjing Oulu
Bergey Windpower
Polaris America
Britwind
HY Energy
XZERES
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Horizontal axis wind turbine
Vertical axis wind turbine
Industry Segmentation
On-Grid
Off-Grid
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2020-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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