Vertical Axis Wind Turbine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Vertical Axis Wind Turbine Market covers analysis By Type (Darrieus, Savonius, Giromill); Application (Residential, Commercial, Industrial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00012279
  • Category : Energy and Power
  • No. of Pages : 150
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Vertical Axis Wind Turbine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Vertical-axis wind turbines, or VAWTs, are wind turbines with the primary rotor shaft situated vertically at the base and the primary components at the bottom. This layout allows the generator and gearbox to be located close to the ground, making service and repair easier. VAWTs do not need to be aimed toward the wind, obviating the necessity for wind detection and orientation devices. Vertical wind turbines on the axis provide various potential advantages over horizontal wind turbines, which are now widely deployed around the world.

MARKET SCOPE

The "Global Vertical Axis Wind Turbine Market Analysis to 2028" is a specialized and in-depth study of the Vertical axis wind turbine Market with a special focus on the global market trend analysis. The report aims to provide an overview of vertical axis wind turbine market with detailed market segmentation by type and application. The global vertical axis wind turbine market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vertical axis wind turbine market player and offers key trends and opportunities in the vertical axis wind turbine market.

MARKET SEGMENTATION

  •   Based on type the market is segmented as, DARRIEUS, SAVONIUS and GIROMILL.
  •   Further, on the basis of application the market is segmented as, residential, commercial and industrial.

    MARKET DYNAMICS

    Drivers

    •   Rising awareness about renewable energy focus across the globe.
    •   Growing concentration of key players on renewable energy installation is likely to propel market growth during the forecast period.
    •   Ongoing research and development activities in manufacturing and construction sector.

    Restraints

    •   The vertical axis wind turbine market is restrained by high cost associated with installation of vertical axis wind turbines.

    REGIONAL FRAMEWORK

    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global vertical axis wind turbine market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The vertical axis wind turbine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

    The report analyzes factors affecting vertical axis wind turbine Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the vertical axis wind turbine market in these regions.

    IMPACT OF COVID-19 ON VERTICAL AXIS WIND TURBINE MARKET
    COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

    Vertical Axis Wind Turbine Market Report Analysis

    Vertical Axis Wind Turbine Market

    • CAGR (2023 - 2031)
      XX%
    • Market Size 2023
      US$ XX Million
    • Market Size 2031
      US$ XX Million

    Report Coverage

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Industry landscape and competition analysis & recent developments
    • Detailed company profiles
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

    Key Players

    • Aeolos Wind Energy Ltd
    • Aerotecture International Inc.
    • ArborWind
    • Bergey Windpower Co.
    • IYSERT ENERGY
    • Oy Windside Production Ltd
    • V-Air
    • Vertogen Ltd
    • VWT Power Ltd

    Regional Overview

    • North America
    • Europe
    • Asia-Pacific
    • South and Central America
    • Middle East and Africa

    Market Segmentation

    By Type
    • Darrieus
    • Savonius
    • Giromill
    By Application
    • Residential
    • Commercial
    • Industrial
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    MARKET PLAYERS


    The reports cover key developments in the vertical axis wind turbine market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from vertical axis wind turbine market are anticipated to lucrative growth opportunities in the future with the rising demand for vertical axis wind turbine market. Below mentioned is the list of few companies engaged in the vertical axis wind turbine market.

    The report also includes the profiles of key vertical axis wind turbine market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

    •   Aeolos Wind Energy Ltd
    •   Aerotecture International Inc
    •   ArborWind
    •   Bergey Windpower Co.
    •   IYSERT ENERGY
    •   Oy Windside Production Ltd
    •   V-Air
    •   Vertogen Ltd
    •   VWT Power Ltd
    •   Zkenergy Science and Technology CO.,LTD.

    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Vertical Axis Wind Turbine Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Darrieus
  • Savonius
  • Giromill
By Application
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aeolos Wind Energy Ltd
  • Aerotecture International Inc.
  • ArborWind
  • Bergey Windpower Co.
  • IYSERT ENERGY
  • Oy Windside Production Ltd
  • V-Air
  • Vertogen Ltd
  • VWT Power Ltd
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. Aeolos Wind Energy Ltd
    2. Aerotecture International Inc.
    3. ArborWind
    4. Bergey Windpower Co.
    5. IYSERT ENERGY
    6. Oy Windside Production Ltd
    7. V-Air
    8. Vertogen Ltd
    9. VWT Power Ltd
    10. Zkenergy Science and Technology CO.,LTD.

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