This report presents the worldwide Vertical Axis Wind Turbine market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Vertical-axis wind turbines (VAWTs) are a type of wind turbine where the main rotor shaft is set vertically and the main components are located at the base of the turbine. This arrangement allows the generator and gearbox to be located close to the ground, facilitating service and repair. VAWTs do not need to be pointed into the wind, which removes the need for wind-sensing and orientation mechanisms. Vertical axis wind turbines offer several potential advantages over the standard horizontal axis wind turbines which are now in common use worldwide.
The US and Europe are the major suppliers of vertical axis wind turbine and also the major consumption markets. In the US, the large land makes it expansive to connect the remote villages into grid. And there is also massive wind power resource, which drive the development of vertical axis wind turbine industry.
China is another major consumption market. Due to the supportive policies established in recent years, the wind power industry is fast developing. In China, the added capacity of wind turbine is more than 100 megawatts in 2014, while most of them are horizontal axis wind turbines.
The Vertical Axis Wind Turbine market was valued at 12600 Million US$ in 2017 and is projected to reach 17700 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Vertical Axis Wind Turbine.
The following manufacturers are covered in this report:
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Vertical Axis Wind Turbine Breakdown Data by Type
Vertical Axis Wind Turbine Breakdown Data by Application
Commercial and Industrial
Fishery and Recreational Boats
Pastures, Farms and Remote Villages
Potable Systems for Leisure
Desalination and Purification
Research and Education
Vertical Axis Wind Turbine Production by Region
Vertical Axis Wind Turbine Consumption by Region
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The study objectives are:
To analyze and research the global Vertical Axis Wind Turbine status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Vertical Axis Wind Turbine manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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