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Small Wind Power Market

Global Small Wind Power Market Research Report -Forecast to 2023

  • Published Date : 16 Jun 2018
  • Market Research Future
  • Category : Energy and Power
  • Pages : 99

Report Description 
Introduction
The world economy continues to experience intense growth and restructuring. Natural resources are diminishing at alarming rates and irretrievable destruction is being done to the environment. Fossil fuels remain in high demand as their accessibility decreases and the environmental concerns rise. It is projected that the small wind power market will grow at a promising pace in the forecast period. Small wind power is among the cleaner power generation technologies, and it has the least negative impact on the environment. Small wind turbines have the capacity up to 100 KW. These turbines have numerous applications in residential, commercial, providers, farms, and small industrial facilities. 
One of the major drivers for the growth of small wind power market, is the government initiatives and policies, which play a major role. In Japan and EU countries, policies such as feed-in tariffs, net metering, tax credits, and capital subsidies are the key energy policies geared precisely towards small wind. The small wind power sector has been promoted, particularly from the growing global trend of feed-in tariffs (FITs). For instance, Denmark is preparing for the introduction of a feed-in tariff (FIT) for small wind turbines. The planned remuneration is 0.33 euros per Kilowatthour (kWh) for units up to 10 Kilowatt (kW) and 0.20 euros/kWh for up to 25 kW. Such supportive policies, will allow the small wind sector to grow substantially.
For the purpose of study, small wind power market has been segmented into grid connectivity, axis, and region. On the basis of grid connectivity, Off-Grid accounted for the largest market share and is projected to have the highest CAGR of 14.06% during the forecast period. An off-grid solution works individually and is not coupled with the electricity distribution system. On the basis of axis, Horizontal Axis accounted for the largest market share and is projected to have a CAGR of 13.03% during the forecast period. Vertical axis turbines are primarily powered by wind coming from all directions. These turbines are largely applied for urban and low noisy area.

Key Players
Some of the key players of global small wind power market are Kingspan Group Plc. (Ireland), Northern Power Systems Corp. (U.S.), Bergey Wind Power Co. Inc. (U.S.), Ennera Energy and Mobility, S.L. (Spain), and Eocycle Technologies Inc. (Canada). Shanghai Ghrepower Green Energy Co., Ltd (China), Guangzhou HY Energy Technology Co., Ltd (China), XZERES Wind Corporation (U.S.), Endurance Wind Power Inc. (Canada), Aeolos Wind Energy Ltd (U.K.), and City Windmills Holdings PLC (U.K.) are among others.
Objective of Global Small Wind Power Market Analysis & Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure, along with forecast of the various segments and sub-segments included in global small wind power market (for the next five to ten years), with the analysis of its development and demand in the market
• To identify high growth regions and countries  
• To study regional and country-specific demand and forecast for global small wind power market
• To cover the key segments of grid connectivity, axis, and region.
• To finalize unit breakdown for all different classifications required for forecasting, considering various factors 
• To identify forecast demand for all probable segments for all the regions, and to collect the historical figure, data through primary and annual reports to derive the regional and country level market size
• To identify historical trends to forecast and estimate the future value data  

Target Audience
• Manufactures 
• Wind farm owners, operators, and developers
• Research Institutes & education institute 
• Potential investors
• Government agencies
• Electric utilities
• Key executive (CEO and COO) and strategy growth manager

Key Findings
• Global small wind power market is expected to reach USD 8,601.9 million by 2023.
• By grid connectivity, Off-Grid accounted for the largest market share of 63.84% in 2016, with a market value of USD 2,224.9 million and is projected to have the highest CAGR of 14.06% during the forecast period.
• By Axis, Horizontal Axis accounted for the largest market share of 65.07% in 2016, with a market value of USD 2,267.9 million and is projected to have a CAGR of 13.03% during the forecast period.
• Based on region. Europe accounted for the largest market share of 41.32% in 2016, with a market value of USD 1,440.2 million and is projected to have a CAGR of 13.98% during the forecast period.
Regional and Country Analysis of Global Small Wind Power Market Estimation and Forecast
Geographically, the global small wind power market has been divided into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region holds the largest market share in small wind power market. In European Union, the small wind power boom is part of a wider move from fossil fuels to renewable energy. European governments have supported small wind projects with positive incentives as part of their carbon emission reduction goals. The recorded small wind capacity, installed in Europe had been above 272.6 MW by the end of 2015. U.K. leads the market, with 15% of global installed capacity, in 2015. 
Americas is the second largest market for the small wind power in 2016. According to Department of Energy report 2015 on Wind Energy, 80% of small wind turbines that are manufactured in the country are being exported to Europe. U.S. is the largest market in Americas region for small wind power. In terms of installed capacity, it was the second largest country, across the globe, with installed capacity of 230.4 MW with total cumulative units installed of 160,995, by the end of 2015. 
 The reports also cover country-level analysis:
o Americas
o U.S.
o Canada
o Rest of Americas

o Europe
o Germany
o U.K.
o Ukraine
o Spain
o Italy
o Rest of Europe

o Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific

o Middle East & Africa
o Middle East 
o Africa
 
Companies Mentioned
 Kingspan Group Plc. (Ireland), Northern Power Systems Corp. (U.S.), Bergey Wind Power Co. Inc. (U.S.), Ennera Energy and Mobility, S.L. (Spain), Eocycle Technologies Inc. (Canada), Shanghai Ghrepower Green Energy Co., Ltd (China), Guangzhou HY Energy Technology Co., Ltd (China), XZERES Wind Corporation (U.S.), Endurance Wind Power Inc. (Canada), Aeolos Wind Energy Ltd (U.K.), and City Windmills Holdings PLC (U.K.).	
Table of Contents:

1  Executive Summary
1.1  Market synopsis
2  Market Introduction
2.1  Definition
2.2  Scope of the Study
2.3  List of Assumptions
2.4  Market Structure
2.5  Key Takeaways
2.6  Key Buying Criteria
3  Research Methodology
3.1  Research Process
3.2  Primary Research
3.3  Secondary Research
3.4  Market Size Estimation
3.5  Forecast Model
4  Market Dynamics
4.1  Introduction
4.2  Drivers
4.2.1  Rising Investment into development of clean energy
4.2.2  Favourable Government Initiatives and Policies
4.2.3  Adoption of small winds in several commercial applications & rural households
4.3  Restraint
4.3.1  High Initial Cost
4.4  Opportunity
4.4.1  Ongoing Development of Small Wind Energy
4.5  Challenge
4.5.1  Fluctuation in raw material prices
5  Market Factor Analysis
5.1  Porter’s Five Forces Analysis
5.1.1  Threat Of new entrants
5.1.2  Bargaining power of suppliers
5.1.3  Threat of substitutes
5.1.4  Bargaining power of buyers
5.1.5  Rivalry
5.2  Supply Chain Analysis
6  Global Small Wind Power Market: Industry Overview
6.1  Overview
6.2  Favourable Government Incentives & Policies
6.3  Small Wind Installed Capacity, 2014-2023 (MW)
6.4  Small Wind Power Installed Capacity, By Major Country, 2016 (KW)
6.5  Key Projects
7  Global Small Wind Power Market, BY Grid Connectivity
7.1  Overview
7.1.1  On-Grid
7.1.2  Off-Grid
8  Global Small Wind Power Market, By Axis
8.1  Overview
8.1.1  Horizontal Axis
8.1.2  Vertical Axis
9  Global Small Wind Power Market, By Region
9.1  Introduction
9.2  Americas
9.2.1  U.S.
9.2.2  Canada
9.2.3  Rest of Americas
9.3  Europe
9.3.1  U.K.
9.3.2  Germany
9.3.3  Italy
9.3.4  Ukraine
9.3.5  Spain
9.3.6  Rest of Europe
9.4  Asia Pacific
9.4.1  China
9.4.2  Japan
9.4.3  India
9.4.4  Rest of Asia Pacific
9.5  The Middle East & Africa
10  Competitive Landscape
10.1  Competitive Landscape
11  Company Profiles
11.1  Kingspan Group Plc.
11.1.1  Company Overview
11.1.2  Financials
11.1.3  Products
11.1.4  Strategy
11.1.5  Key Achievements
11.2  Northern Power Systems Corp.
11.2.1  Company Overview
11.2.2  Financials
11.2.3  Products
11.2.4  Strategy
11.2.5  Key Achievements
11.3  City windmills
11.3.1  Company Overview
11.3.2  Financials
11.3.3  Products
11.3.4  Strategy
11.3.5  Key Achievements
11.4  Bergey Wind Power Co. Inc.
11.4.1  Company Overview
11.4.2  Financials
11.4.3  Products
11.4.4  Strategy
11.4.5  Key Achievements
11.5  Ennera Energy
11.5.1  Company Overview
11.5.2  Financials
11.5.3  Products
11.5.4  Strategy
11.5.5  Key Achievements
11.6  Eocycle Technologies Inc.
11.6.1  Company Overview
11.6.2  Financials
11.6.3  Products
11.6.4  Strategy
11.6.5  Key Achievements
11.7  XZERES Wind Corporation
11.7.1  Company Overview
11.7.2  Financials
11.7.3  Products
11.7.4  Strategy
11.7.5  Key Achievements
11.8  Aeolos Wind Energy Ltd
11.8.1  Company Overview
11.8.2  Financials
11.8.3  Products
11.8.4  Strategy
11.8.5  Key Achievements
11.9  Ghrepower
11.9.1  Company Overview
11.9.2  Financials
11.9.3  Products
11.9.4  Strategy
11.9.5  Key Achievements
11.1  HY Energy
11.10.1  Company Overview
11.10.2  Financials
11.10.3  Products
11.10.4  Strategy
11.10.5  Key Achievements
11.11  Endurance Wind Power Inc
11.11.1  Company Overview
11.11.2  Financials
11.11.3  Products
11.11.4  Strategy
11.11.5  Key Achievements
12  Conclusion
12.1  Conclusion
13  Appendix
13.1  References

	List of Tables:

TABLE 1  List of assumptions
TABLE 2  Favourable Government Incentives & Policies by major countries
TABLE 3  Global Small Wind installed Capacity, 2014-2023 (MW)
TABLE 4  Small Wind Power Installed Capacity, By Major Country, 2016 (KW)
TABLE 5  GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 6  GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 7  GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY region, 2014-2023 (USD MILLION)
TABLE 8  Americas: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY country, 2014-2023(USD MILLION)
TABLE 9  Americas: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 10  Americas: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 11  U.s.: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 12  U.s.: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 13  canada: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 14  canada: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 15  Rest of Americas: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 16  Rest of Americas: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 17  europe: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY country, 2014-2023 (USD MILLION)
TABLE 18  europe: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 19  europe: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 20  U.K.: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 21  U.K.: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 22  Germany: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 23  Germany: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 24  ITALY: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 25  ITALY: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 26  Ukraine: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 27  Ukraine: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 28  Spain: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 29  Spain: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 30  Rest of Europe:: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 31  Rest of Europe:: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 32  Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY country, 2014-2023 (USD MILLION)
TABLE 33  Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 34  Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 35  china: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 36  china: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 37  Japan: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 38  Japan: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 39  india: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MILLION)
TABLE 40  india: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 41  Rest of Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023  (USD MILLION)
TABLE 42  Rest of Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 43  Middle East & Africa: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023  (USD MILLION)
TABLE 44  Middle East & Africa: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)

 List of Figures:

FIGURE 1  Global Small wind power Market: Market Structure
FIGURE 2  Key takeaways of Small Wind Power market
FIGURE 3  Key Buying Criteria of Small Wind Power
FIGURE 4  Research Process of MRFR
FIGURE 5  TOP DOWN & BOTTOM up APPROACH
FIGURE 6  DROC ANALYSIS: GLOBAL small wind power MARKET
FIGURE 7  Porter’s Five Forces Analysis: Small wind power market
FIGURE 8  Supply Chain Analysis: Small wind power market
FIGURE 9  Global Small Wind installed Capacity, 2014-2023 (MW)
FIGURE 10  GLOBAL Small Wind Power market share, BY Grid Connectivity, 2016 (%)
FIGURE 11  global SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023 (USD MIllion)
FIGURE 12  GLOBAL Small Wind Power market share, BY Axis, 2016 (%)
FIGURE 13  global SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MIllion)
FIGURE 14  global Small Wind Power market Share, BY region, 2016 (%)
FIGURE 15  GLOBAL SMALL WIND POWER MARKET, BY region, 2017-2023
FIGURE 16  AMERICAS SMALL WIND POWER MARKET PESTLE ANALYSIS
FIGURE 17  Americas: GLOBAL Small Wind Power market share, BY country, 2016 (%)
FIGURE 18  Americas: global Small Wind Power market Share, BY Grid Connectivity, 2016 (%)
FIGURE 19  U.s.: global Small Wind Power market Share, BY Grid Connectivity, 2016 (%)
FIGURE 20  canada: global Small Wind Power market share, BY Grid Connectivity, 2016 (%)
FIGURE 21  Rest of Americas: global Small Wind Power market share, BY Grid Connectivity, 2016 (%)
FIGURE 22  EUROPE SMALL WIND POWER MARKET PESTL ANALYSIS, BY COUNTRY
FIGURE 23  EUROPE: GLOBAL Small Wind Power market share, BY country, 2016 (%)
FIGURE 24  europe: global Small Wind Power market share, BY Grid Connectivity, 2016 (%)
FIGURE 25  U.K.: global Small Wind Power market shaRE, BY GRID CONNECTIVITY, 2016 (%)
FIGURE 26  Germany: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 27  Italy: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 28  Ukraine: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 29  Spain: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 30  Rest of Europe: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 31  ASIA PACIFIC SMALL WIND POWER MARKET PESTL ANALYSIS, BY COUNTRY
FIGURE 32  Asia Pacific: GLOBAL Small Wind Power market share, BY country, 2016 (%)
FIGURE 33  Asia Pacific: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 34  china: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 35  Japan: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 36  india: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 37  Rest of Asia Pacific: global Small Wind Power market SHARE, BY Grid Connectivity, 2016 (%)
FIGURE 38  MIDDLE EAST & AFRICA SMALL WIND POWER MARKET PESTL ANALYSIS, BY REGION
FIGURE 39  Middle East & Africa: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY country, 2014-2023 (USD MILLION)
FIGURE 40  Middle East & Africa: global Small Wind Power market share, BY Grid Connectivity, 2016 (%)
FIGURE 41  growth strategies adopted by key players in global Small Wind Power Market, 2014-2016, (% share)
TABLE 42  Rest of Asia Pacific: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)
TABLE 43  Middle East & Africa: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Grid Connectivity, 2014-2023  (USD MILLION)
TABLE 44  Middle East & Africa: GLOBAL SMALL WIND POWER MARKET VALUE ANALYSIS, BY Axis, 2014-2023 (USD MILLION)

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