Global Small Wind Market Size & Outlook, 2022-2030
Global small wind market, 2018-2030 (US$M)
Related Markets
Global small wind market highlights
- The global small wind market generated a revenue of USD 1,094.8 million in 2021 and is expected to reach USD 2,213.9 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 8.1% by 2030.
- In terms of segment, off grid accounted for a revenue of USD 647.7 million in 2021.
- On Grid is the most lucrative connectivity segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2021.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 1,094.8 million |
| Market revenue in 2030 | USD 2,213.9 million |
| Growth rate | 8.1% (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 |
Other key industry trends
- In terms of revenue, the North America accounted for 31.0% of the global small wind market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 129.7 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 |
Global 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 59.16% in 2022. Horizon Databook has segmented the Global small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Off Grid
- On Grid
- Global Small Wind Axis Outlook (Revenue, USD Million, 2018-2030)
- Vertical axis wind turbine
- Horizontal axis wind turbine
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Target buyers of Global 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 global-level data and insights on the Global small wind market , including forecasts for subscribers. This global databook contains high-level insights into Global small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global small wind market size, by regions, 2018-2030 (US$M)
Top 10 countries: Small wind market size, 2022 (US$M)
Global small wind market share, by connectivity, 2022 & 2030 (%, US$M)
Small wind market: Opportunity assessment by country
Global small wind market, by region, 2022 (US$M)
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