Asia Pacific Small Wind Market Size & Outlook, 2022-2030
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Asia Pacific small wind market highlights
- The Asia Pacific small wind market generated a revenue of USD 216.0 million in 2021.
- The market is expected to grow at a CAGR of 9.9% from 2022 to 2030.
- In terms of segment, off grid was the largest revenue generating connectivity in 2021.
- On Grid is the most lucrative connectivity segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 216.0 million |
| Market revenue in 2030 | USD 506.4 million |
| Growth rate | 9.9% (CAGR from 2021 to 2030) |
| Largest segment | Off grid |
| Fastest growing segment | On Grid |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Off Grid, On Grid |
| Key market players worldwide | Siemens Energy AG ADR, Kingspan Group PLC, KLX Energy Services Holdings Inc Ordinary Shares, China Suntien Green Energy Corp Ltd Class H, Eos Energy Enterprises Inc Ordinary Shares Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.7% of the global small wind market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 61.1 million by 2030.
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Small Wind Market Scope
Small Wind Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eos Energy Enterprises Inc Ordinary Shares Class A | View profile | 420 | 3920 Park Avenue, Edison, NJ, United States, 08820 | https://www.eose.com |
| China Suntien Green Energy Corp Ltd Class H | View profile | 2696 | No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Shijiazhuang, China, People's Republic of, 050001 | https://www.suntien.com |
| KLX Energy Services Holdings Inc Ordinary Shares | View profile | 1919 | 3040 Post Oak Boulevard, 15th Floor, Houston, TX, United States, 77056 | https://www.klxenergy.com |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
| Kingspan Group PLC | View profile | 22384 | Dublin Road, Kingscourt, County Cavan, Ireland, A82 XY31 | https://www.kingspan.com |
Asia Pacific small wind market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to small wind market will help companies and investors design strategic landscapes.
Off grid was the largest segment with a revenue share of 74.26% in 2022. Horizon Databook has segmented the Asia Pacific small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
- On Grid
- Off Grid
- Asia Pacific Small Wind Axis Outlook (Revenue, USD Million, 2018-2030)
- Horizontal axis wind turbine
- Vertical axis wind turbine
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Target buyers of Asia Pacific small wind market databook
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Our clientele includes a mix of small wind market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific small wind market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific small wind market size, by country, 2018-2030 (US$M)
Asia Pacific Small Wind Market Outlook Share, 2022 & 2030 (US$M)
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