Global Small Wind Market Size & Outlook, 2021-2030

The small wind industry worldwide is expected to reach a projected revenue of US$ 2,213.9 million by 2030. A compound annual growth rate of 8.1% is expected of the worldwide small wind industry from 2022 to 2030.
Revenue, 2021 (US$M)
$1,094.8
Forecast, 2030 (US$M)
$2,213.9
CAGR, 2022 - 2030
8.1%
Report Coverage
Worldwide

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 2021USD 1,094.8 million
Market revenue in 2030USD 2,213.9 million
Growth rate8.1% (CAGR from 2021 to 2030)
Largest segmentOff grid
Fastest growing segmentOn Grid
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOff 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 Companies

Name Profile # Employees HQ Website

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 2021. 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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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.

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Global small wind market size, by regions, 2018-2030 (US$M)

Top 10 countries: Small wind market size, 2021 (US$M)

Global small wind market share, by connectivity, 2021 & 2030 (%, US$M)

Small wind market: Opportunity assessment by country

Global small wind market, by region, 2021 (US$M)

Global small wind market size, by regions, 2018-2030 (US$M)

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