Global Small Wind Market Size, Share, Forecast Report 2024

The global small wind market is expected to grow significantly from USD 379.9 million in 2017, to USD 910 million in 2024, at a CAGR of 12.5% from 2018 to 2024. The growth of the small wind across the globe is primarily driven by increase in demand for renewable sources of energy with minimum carbon emissions and government policy framework favoring renewable alternatives. The years used for the assessment are as follows;

  • Historical year  : 2014, 2015, 2016
  • Base year      : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total small wind market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the small wind market
  • Finalizing the overall size and share for the global small wind market

OBJECTIVES:

  • To classify the global small wind market into segments by axis type, grid connection, application, region, and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the small wind market.
  • Profiling key companies operating in the global small wind market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global small wind market is as follows:

By Axis Type

  • Horizontal axis
  • Vertical axis

 By Grid Connection

  • On-grid
  • Off-grid

By Application

  • Domestic
  • Small-scale industries
  • Commercial

By Region 

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Report Detail

  • Report Code:1080
  • No. of Pages:250
  • Format:PDF/PPT/Excel

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