Latin America Small Wind Market Size & Outlook, 2021-2030

The small wind market in Latin America is expected to reach a projected revenue of US$ 119.3 million by 2030. A compound annual growth rate of 9.5% is expected of Latin America small wind market from 2022 to 2030.
Revenue, 2021 (US$M)
$52.9
Forecast, 2030 (US$M)
$119.3
CAGR, 2022 - 2030
9.5%
Report Coverage
Latin America

Latin America small wind market highlights

  • The Latin America small wind market generated a revenue of USD 52.9 million in 2021.
  • The market is expected to grow at a CAGR of 9.5% 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, Brazil is expected to register the highest CAGR from 2022 to 2030.

Latin America data book summary

Market revenue in 2021USD 52.9 million
Market revenue in 2030USD 119.3 million
Growth rate9.5% (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
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, Latin America region accounted for 4.8% 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 segmentation & scope
Off Grid
On Grid
Vertical axis wind turbine
Horizontal axis wind turbine

Small Wind Market Companies

Name Profile # Employees HQ Website

Latin America 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 65.97% in 2021. Horizon Databook has segmented the Latin America small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
    • Off Grid
    • On Grid
  • Latin America 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.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America small wind market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America small wind market size, by country, 2018-2030 (US$M)

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

Latin America small wind market size, by country, 2018-2030 (US$M)

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