Small Wind Market Report 2025

This small wind market report delivers an in-depth analysis of the market’s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major regions and leading countries, highlighting historical data and future growth projections. The report also examines the competitive landscape, market share insights, emerging trends, and strategic developments shaping the market.

The small wind market size has grown rapidly in recent years. It will grow from $1.3 billion in 2024 to $1.44 billion in 2025 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to declining turbine costs, government incentives, rising energy demand, increasing environmental awareness, off-grid electrification needs, and the push for renewable energy integration.

The small wind market size is expected to see rapid growth in the next few years. It will grow to $2.16 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to growing grid connectivity, enhanced efficiency of vertical axis turbines, expanding renewable energy policies, increasing urban energy independence, rising adoption of smart grid technologies, and ongoing climate change mitigation efforts. Major trends in the forecast period include technological innovations in turbine design, advances in blade design, materials, and control systems, integration of wind-solar hybrid systems, innovations in hybrid wind-solar setups, and product innovations.

The growing demand for electricity is expected to drive the expansion of the small wind market. Electricity, which is the flow of electric charge through conductors, powers various devices and machines. The rising electricity demand is driven by factors such as population growth, industrial expansion, and the increasing use of technology and electric vehicles. Small wind turbines provide a sustainable and cost-effective solution for electricity generation, particularly in areas with favorable wind conditions. They contribute to reducing carbon emissions and mitigating the environmental impact of traditional energy sources. For example, a July 2024 report from the International Energy Agency (IEA), a France-based intergovernmental organization, forecasts a 4% increase in global electricity demand for 2024, up from 2.5% in 2023. Additionally, the proportion of renewable electricity is expected to grow from 30% of global supply in 2023 to 35% by 2025. This rising electricity demand is anticipated to boost the small wind market.

Key players in the small wind market are advancing micro-wind turbines that use Aeroleaf Hybrid technology to improve energy efficiency and capture wind energy in low-speed conditions. This technology combines vertical axis wind turbines (VAWTs) with aerodynamic enhancements for greater efficiency. For example, in January 2024, New World Wind, a France-based energy provider, introduced the “WindTree,” a tree-shaped turbine featuring micro-wind turbines equipped with Aeroleaf Hybrid technology. The WindTree, which can vary in height from 5 to 33 feet (1.5 to 10 meters), follows a self-consumption model that integrates directly with a building’s existing electrical system.

In July 2023, Ryse Energy, a UK-based renewable energy company, acquired Primus Wind Power for an undisclosed amount. This acquisition aims to expand Ryse Energy’s portfolio of small wind solutions and strengthen its presence in the residential and off-grid markets. Primus Wind Power, a US-based manufacturer, specializes in small wind turbines for residential and off-grid use.

Major companies operating in the small wind market are SMA Solar Technology AG, Suzlon Energy Ltd., AeroVironment Inc., China Ming Yang Wind Power Group, Inox Wind Limited, Bramble Energy, Eocycle Technologies Inc., Intertek Group PLC, Halo Energy LLC, Kestrel Renewable Energy, Marlec Engineering Co. Ltd., Leviathan Energy LLC, Foshan Ouyad Electronic Co. Ltd., Aeronautica Windpower LLC, Pacific Sky Power, Leosphere, Ryse Energy, Fortis Wind Energy, HY Energy Co. Ltd., Dong Energy, New Dawn Energy.

Europe was the largest region in the small wind market in 2023. The regions covered in the small wind market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the small wind market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Small wind refers to wind turbines with lower capacity, designed to generate electricity for individual homes, farms, or small businesses rather than large-scale power generation. It offers a renewable and cost-effective electricity solution, reducing dependence on the grid and lowering energy costs.

The main types of small wind turbines are horizontal axis wind turbines (HAWTs) and vertical axis wind turbines (VAWTs). HAWTs have blades that rotate around a horizontal axis, resembling the traditional wind turbines found on large wind farms. Small wind turbines can be installed in off-grid or on-grid systems and are used for various applications including commercial, residential, and utility settings.

The small wind market research report is one of a series of new reports that provides small wind market statistics, including small wind industry global market size, regional shares, competitors with a small wind market share, detailed small wind market segments, market trends, and opportunities, and any further data you may need to thrive in the small wind industry. This small market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The small wind market consists of sales of mounting and installation kits, wind turbine blades, wind turbine towers, inverters and controllers, and battery storage systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.