Canada Small Wind Market Size & Outlook, 2021-2030
The small wind market in Canada is expected to reach a projected revenue of US$ 103.6 million by 2030. A compound annual growth rate of 7% is expected of Canada small wind market from 2022 to 2030.
Revenue, 2021 (US$M)
$56.5
Forecast, 2030 (US$M)
$103.6
CAGR, 2022 - 2030
7%
Report Coverage
Canada
Canada small wind market, 2018-2030 (US$M)
Related Markets
Canada small wind market highlights
- The Canada small wind market generated a revenue of USD 56.5 million in 2021 and is expected to reach USD 103.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 7% 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.
Small wind market data book summary
| Market revenue in 2021 | USD 56.5 million |
| Market revenue in 2030 | USD 103.6 million |
| Growth rate | 7% (CAGR from 2021 to 2030) |
| Largest segment | Off grid |
| Fastest growing segment | On Grid |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Canada accounted for 5.2% of the global small wind market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. small wind market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 103.6 million by 2030.
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Small Wind Market Scope
Small wind market segmentation & scope
Small Wind Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 70.8% in 2021. Horizon Databook has segmented the Canada small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Off Grid
- On Grid
- Canada 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 country-level data and insights on the Canada small wind market , including forecasts for subscribers. This country databook contains high-level insights into Canada small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada small wind market size, by connectivity, 2018-2030 (US$M)
Canada Small Wind Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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