South Korea Small Wind Market Size & Outlook, 2021-2030
South Korea small wind market, 2018-2030 (US$M)
Related Markets
South Korea small wind market highlights
- The South Korea small wind market generated a revenue of USD 22.4 million in 2021 and is expected to reach USD 60.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 11.8% 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 22.4 million |
| Market revenue in 2030 | USD 60.8 million |
| Growth rate | 11.8% (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, South Korea accounted for 2.0% 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 Scope
Small Wind Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 82.59% in 2021. Horizon Databook has segmented the South Korea small wind market based on off grid, on grid covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Small Wind Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Off Grid
- On Grid
- South Korea Small Wind Axis Outlook (Revenue, USD Million, 2018-2030)
- Vertical axis wind turbine
- Horizontal axis wind turbine
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Target buyers of South Korea 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 country-level data and insights on the South Korea small wind market , including forecasts for subscribers. This country databook contains high-level insights into South Korea small wind market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea small wind market size, by connectivity, 2018-2030 (US$M)
South Korea Small Wind Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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