Global vertical axis wind turbine market is expected to gain a significant CAGR of 14.98% during the period 2018-2022. Vertical axis wind turbines are capable of catching the wind from all directions. Technically, there is no need for rudders, yaw mechanisms or downward coning. Electrical generators can be aligned much closer to the ground for easy access. The only disadvantage being some equipment cannot function independently. New designs of vertical axis wind machines are being sought as helical types especially for urban settings where in they are considered safer owing to their rotational speeds to prevent the risk of blade ejection. Overall, when compared, horizontal axis wind turbines are efficient at transforming wind energy into electricity; small vertical axis wind turbines are much suited in urban settings since they have a low noise level with a reduced risk of blade ejection. Vertical axis wind turbine market is driven by increase in consumer awareness and technological advancement pertaining to rise in investment. Growing emphasis on using renewable energy and emergence of turbine technologies is likely to propel the market growth during the forecast period. Major benefits regarding vertical axis wind turbine over horizontal axis wind turbines are likely to trigger the market growth in the prescribed period. Vertical axis wind turbine market is modelled as savonius model, darrieus model, and giromill model. Geographical segmentation for market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market is gaining a higher traction in the forecast period due to emphasis on development of vertical axis. Tax flexibility in energy installation program and cost benefit schemes is likely to stimulate the market growth during the forecast period. Asia-Pacific regions are likely to grow during the forecast period owing to rise in number of installations in this region. Government subsidies and rise in number of installations bolsters the market growth in APAC sector. The key players profiled in the vertical axis wind turbine market report are Envergate Energy, Northern Power Systems Inc, Bergey Wind Power Co, Kingspan Group Plc, Endurance Wind Power Inc, Shanghai Ghrepower Green Energy Co Ltd, Xzeres Wind Corp, ZKEnergy Technology Co Ltd, ArborWind, OyWindside Production, V-air Wind Technologies, and Royall Power. About Vertical Axis Wind Turbine Vertical axis wind turbines are types of wind turbines where the main rotor shaft runs vertically. They are not required to be pointed into the wind. These wind turbines have the capability to catch wind from all directions. Technavio's analysts forecast the global vertical axis wind turbine market to grow at a CAGR of 14.98% during the period 2018-2022. Covered in this report The report covers the present scenario and the growth prospects of the global vertical axis wind turbine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of vertical axis wind turbine. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Vertical Axis Wind Turbine Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • ArborWind • Envergate Energy • Oy Windside Production • Royall Power (a company of Ark Alloy) • SAWT • V-Air Wind Technologies Market driver • Rising investments in renewable energy • For a full, detailed list, view our report Market challenge • Competition from alternate sources of energy • For a full, detailed list, view our report Market trend • Adoption of hybrid street lighting system • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 05: MARKET SIZING • Market definition • Market sizing 2017 • Market size and forecast 2017-2022 PART 06: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 07: CUSTOMER LANDSCAPE PART 08: MARKET SEGMENTATION BY END-USER • Segmentation by end-user • Comparison by end-user • Non-residential - Market size and forecast 2017-2022 • Residential - Market size and forecast 2017-2022 • Market opportunity by end-user PART 09: MARKET SEGMENTATION BY PRODUCT • Segmentation by product PART 10: REGIONAL LANDSCAPE • Geographical segmentation • Regional comparison • APAC - Market size and forecast 2017-2022 • EMEA - Market size and forecast 2017-2022 • Americas - Market size and forecast 2017-2022 • Key leading countries • Market opportunity PART 11: DECISION FRAMEWORK PART 12: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 13: market trends?• Adoption of hybrid street lighting system • Emergence of smart cities • Increasing grid electrification PART 14: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 15: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • ArborWind • Envergate Energy • Oy Windside Production • Royall Power (a company of Ark Alloy) • SAWT • V-Air Wind Technologies PART 16: APPENDIX • List of abbreviations List of Exhibits
Exhibit 01: Parent market Exhibit 02: Global small wind turbine market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition - Inclusions and exclusions checklist Exhibit 06: Market size 2017 Exhibit 07: Validation techniques employed for market sizing 2017 Exhibit 08: Global - Market size and forecast 2017-2022 (MW) Exhibit 09: Global - Year-over-year growth 2018-2022 (%) Exhibit 10: Reasons for low crude oil prices Exhibit 11: Five forces analysis 2017 Exhibit 12: Five forces analysis 2022 Exhibit 13: Bargaining power of buyers Exhibit 14: Bargaining power of suppliers Exhibit 15: Threat of new entrants Exhibit 16: Threat of substitutes Exhibit 17: Threat of rivalry Exhibit 18: Market condition - Five forces 2017 Exhibit 19: Customer landscape Exhibit 20: End-user - Market share 2017-2022 (%) Exhibit 21: Comparison by end-user Exhibit 22: Non-residential - Market size and forecast 2017-2022 (MW) Exhibit 23: Non-residential - Year-over-year growth 2018-2022 (%) Exhibit 24: Residential - Market size and forecast 2017-2022 (MW) Exhibit 25: Residential - Year-over-year growth 2018-2022 (%) Exhibit 26: Market opportunity by end-user Exhibit 27: Global - Market share by geography 2017-2022 (%) Exhibit 28: Regional comparison Exhibit 29: APAC - Market size and forecast 2017-2022 (MW) Exhibit 30: APAC - Year-over-year growth 2018-2022 (%) Exhibit 31: EMEA - Market size and forecast 2017-2022 (MW) Exhibit 32: EMEA - Year-over-year growth 2018-2022 (%) Exhibit 33: Americas - Market size and forecast 2017-2022 ($ MW) Exhibit 34: Americas - Year-over-year growth 2018-2022 (%) Exhibit 35: Key leading countries Exhibit 36: Market opportunity Exhibit 37: Global investments in renewable energy supply 2000-2016 ($ billions) Exhibit 38: Energy consumption from renewable sources in US 2010-2016 (trillion Btu) Exhibit 39: Global crude oil price 2012-2017 ($/bbl.) Exhibit 40: Indexed cost of solar PV system 2010-2017 (2010=100%) Exhibit 41: Wind and solar peak power generation Exhibit 42: Global hybrid street lighting market 2016-2021 ($ billions) Exhibit 43: Investments in electricity networks 2000-2016 ($ billions) and world electrification rate 1996-2016 (%) Exhibit 44: Vendor landscape Exhibit 45: Landscape disruption Exhibit 46: Vendors covered Exhibit 47: Vendor classification Exhibit 48: Market positioning of vendors Exhibit 49: ArborWind overview Exhibit 50: ArborWind - Business segments Exhibit 51: ArborWind - Organizational developments Exhibit 52: ArborWind - Geographic focus Exhibit 53: ArborWind - Segment focus Exhibit 54: ArborWind - Key offerings Exhibit 55: Envergate Energy overview Exhibit 56: Envergate Energy - Business segments Exhibit 57: Envergate Energy - Organizational developments Exhibit 58: Envergate Energy - Geographic focus Exhibit 59: Envergate Energy - Segment focus Exhibit 60: Envergate Energy - Key offerings Exhibit 61: Oy Windside Production overview Exhibit 62: Oy Windside Production - Business segments Exhibit 63: Oy Windside Production - Organizational developments Exhibit 64: Oy Windside Production - Geographic focus Exhibit 65: Oy Windside Production - Segment focus Exhibit 66: Oy Windside Production - Key offerings Exhibit 67: Royall Power overview Exhibit 68: Royall Power - Business segments Exhibit 69: Royall Power - Organizational developments Exhibit 70: Royall Power - Geographic focus Exhibit 71: Royall Power - Segment focus Exhibit 72: Royall Power - Key offerings Exhibit 73: SAWT overview Exhibit 74: SAWT - Business segments Exhibit 75: SAWT - Organizational developments Exhibit 76: SAWT - Geographic focus Exhibit 77: SAWT - Segment focus Exhibit 78: SAWT - Key offerings Exhibit 79: V-Air Wind Technologies overview Exhibit 80: V-Air Wind Technologies - Business segments Exhibit 81: V-Air Wind Technologies - Organizational developments Exhibit 82: V-Air Wind Technologies - Geographic focus Exhibit 83: V-Air Wind Technologies - Segment focus Exhibit 84: V-Air Wind Technologies - Key offerings
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