India Small Wind Market Size & Outlook, 2021-2030

The small wind market in India is expected to reach a projected revenue of US$ 168.7 million by 2030. A compound annual growth rate of 14.6% is expected of India small wind market from 2022 to 2030.
Revenue, 2021 (US$M)
$49.6
Forecast, 2030 (US$M)
$168.7
CAGR, 2022 - 2030
14.6%
Report Coverage
India

India small wind market highlights

  • The India small wind market generated a revenue of USD 49.6 million in 2021 and is expected to reach USD 168.7 million by 2030.
  • The India market is expected to grow at a CAGR of 14.6% 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 2021USD 49.6 million
Market revenue in 2030USD 168.7 million
Growth rate14.6% (CAGR from 2021 to 2030)
Largest segmentOff grid
Fastest growing segmentOn Grid
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOff Grid, On Grid
Key market players worldwideSiemens 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, India accounted for 4.5% 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 Asia Pacific, India small wind market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 168.7 million by 2030.

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Small Wind Market Companies

Name Profile # Employees HQ Website

India 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 77.02% in 2021. Horizon Databook has segmented the India small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • Off Grid
    • On Grid
  • India Small Wind Axis Outlook (Revenue, USD Million, 2018-2030)
    • Vertical axis wind turbine
    • Horizontal axis wind turbine

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  • Our clientele includes a mix of small wind market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the India small wind market , including forecasts for subscribers. This country databook contains high-level insights into India small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India small wind market size, by connectivity, 2018-2030 (US$M)

India Small Wind Market Outlook Share, 2021 & 2030 (US$M)

India small wind market size, by connectivity, 2018-2030 (US$M)

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