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World Small Wind Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773228
Wind turbine, used in wind farms for microgeneration is called a small wind turbine. They provide high individual power output. These turbines are a source of clean fuel. Furthermore, they wind power is cost - effective and can be constructed on existing ranches. Rising need for renewable sources for generating energy and industrialization has offered a necessary boost to the market worldwide.

The market for small wind is expanding due to a rapid increase in energy demand. Moreover, growing concerns over the harmful effects of power generated by fossil fuel has contributed to the growth of the market. In addition, robust economic growth, growing awareness about the advantages of renewable sources of energy and emphasis on environmental policies would create greater opportunities worldwide.

The small wind power industry is segmented based on application, type and geography. Types covered in the market research report are horizontal axis wind turbine and vertical axis wind turbine. Applications discussed during the study are on-grid and off-grid. Regions experiencing tremendous growth include North America, Europe, Asia -Pacific and LAMEA.

The key market players active in the report are Xzeres Wind Corp., ZKEnergy Technology Co., Ltd., Northern Power Systems Inc., Endurance Wind Power Inc., Bergey Wind Power Co., Shanghai Ghrepower Green Energy Co. Ltd. and Kingspan Group Plc.

KEY BENEFITS FOR STAKEHOLDERS

The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
The study further drills down to produce data volume by components, end -customers and demography.
SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
Region - wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
Study further weigh up on the prominent market players and their business strategies to maintain their position.
Assessment of upstream and downstream market also forms an important part of the report.

SMALL WIND MARKET KEY SEGMENTS

Small Wind Market - By Application

Horizontal Axis Wind Turbine
Vertical Axis Wind Turbine

Small Wind Market - By Type

On-grid
Off-grid

Small Wind Market - By Geography

North America
Europe
Asia -Pacific
LAMEA

Key Players

Xzeres Wind Corp.
ZKEnergy Technology Co., Ltd.
Northern Power Systems Inc.
Endurance Wind Power Inc.
Bergey Wind Power Co.
Shanghai Ghrepower Green Energy Co. Ltd.
Kingspan Group Plc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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