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Global Small Wind Turbine Market 2009-2013
Infiniti Research Limited, April 2010, Pages: 22
Wind Turbines are machines that have the ability to convert wind energy into electrical or kinetic energy. Small Wind Turbines are those turbines that have a power rating of 100 kilowatt or less. These turbines are a cost effective way to provide substantial amount of clean and renewable electricity. High initial costs and huge structure of the Large Wind Turbines have given rise to cheaper, Small Wind Turbine market. Small Wind Turbines are light weight, which allow them to function with the lightest wind. These can be mounted on roof tops like the television antennae, and do not produce much noise. The most commonly used technology for these turbines is Horizontal Axis Wind Turbine, but other technologies like Loopwing Turbine (produce very less noise) are also available in the market. For years, Small Wind Turbines have been used to generate power to charge batteries. Technical developments have increased the efficiencies of these turbines, which are now being used to power homes and businesses. Further, government support and awareness for renewable energy, is likely to help the market for Small Wind Turbines grow rapidly. Due to the advanced technology, the wind turbine blades have become lighter, smaller, but more efficient. Similarly, the rotor speeds have been slowed down to decrease noise, and vibration isolators have been introduced. Self protecting technologies that help the Wind Turbine protect itself incase of high wind speeds, and active pitch controls to capture energy at these high speeds have been introduced. Further, some Small Wind Turbines are also available with wireless connectivity, which enable owners to control the turbine dynamics from a distant location, while some Wind Turbines are being fitted with electronic displays. New Wind Turbines can also be used on and off the grid, as required by an owner. Such technological advances have made these Wind Turbines more reliable as source of energy, and driven the market for the Small Wind Turbines. This report by TechNavio Insights highlights the scope of the Global Small Wind Turbine market. Further it discusses key market trends, drivers, growth inhibitors, and a few major vendors of the market.
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