The EMEA Small Wind Turbines Market is estimated to be valued at US$ 45,424.6 Th in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2028, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The EMEA small wind turbines market consists of wind turbines with rated capacity below 100 kW, which are used for residential and small commercial applications. Small wind turbines use wind energy to produce electricity for homes, farms, telecommunication dishes or remote monitoring equipment. They provide an environment friendly solution for off-grid energy requirements.
Market key trends:
One of the key trends witnessed in the EMEA small wind turbines market is the increasing adoption of roof-top wind turbines for residential applications. Roof-top wind turbines can be easily installed on residential buildings without requiring extensive civil works. They are space efficient and visually less intrusive compared to free standing tower type turbines. The compact size and design allow entrepreneurs to set up micro wind turbine farms generating clean energy. Furthermore, various government incentives and rebate programs are promoting the use of small wind systems for residential properties, especially in countries like UK, Germany and Italy. For example, the UK government offers discounts of up to 44% on the installation of domestic renewable systems under its renewable heat incentive program.
Segment Analysis:
The EMEA small wind turbines market is segmented by tower height into guyed towers and monopole towers. Monopole towers dominate the market as they provide more stability compared to guyed towers and require lower maintenance. Their self-supporting structure eliminates the need for guying wires for stabilization, making installation simpler.
Key Takeaways:
The EMEA Small Wind Turbines Market is expected to witness high growth, exhibiting a CAGR of 6.6% over the forecast period, due to increasing awareness about renewable energy sources and falling prices of wind turbines.
Regional Analysis
Europe accounts for the largest share in the EMEA small wind turbines market, owing to supportive government policies and incentives promoting renewable energy adoption in the region. Germany has emerged as the fastest growing market in Europe due to growing investments in small wind power projects.
Key Players
Key players operating in the EMEA small wind turbines market are Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyWind GmbH, Endurance Wind Power, ENESSERE S.r.l., Fortis Wind BV, iQron GmbH, PSW-Energiesysteme GmbH, Ryse Energy, SD Wind Energy Limited, TUGE Energia, Wind Energy Solutions B.V., and XZERES Wind Europe Ltd. EasyWind GmbH dominates the market due to its wide product portfolio and presence.
The Global Offshore Wind Turbines Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on base type, capacity, and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Geography – EuropeFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Offshore Wind Turbines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/17819-offshore-wind-turbines-market-reportThe report also covers the complete competitive landscape of the global Offshore Wind Turbines market with company profiles of key players such as:Enercon GmbHGamesa Corporacion Technologica S.A.GE Wind EnergyGuodian United Power Technology Company Ltd.Nordex S.E.Siemens Wind PowerSuzlon GroupUpwind Solutions Inc.Vestas Wind Systems A/SXinjiang Goldwind Science & Technologies Co. Ltd.SEGMENTATIONS IN THE REPORT:By Base Type:Mono PileJacketTripodFloating & OthersBy Capacity:Upto 1 MW1-3 MW3-5 MW5 MW and AboveBy Applications:Shallow WaterTransient WaterDeep WaterBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Offshore Wind Turbines Market @ https://www.decisiondatabases.com/contact/download-sample-17819The Global Offshore Wind Turbines Market has been exhibited in detail in the following chapters –Chapter 1 Offshore Wind Turbines Market PrefaceChapter 2 Executive SummaryChapter 3 Offshore Wind Turbines Industry AnalysisChapter 4 Offshore Wind Turbines Market Value Chain AnalysisChapter 5 Offshore Wind Turbines Market Analysis By Base TypeChapter 6 Offshore Wind Turbines Market Analysis By CapacityChapter 7 Offshore Wind Turbines Market Analysis By ApplicationsChapter 8 Offshore Wind Turbines Market Analysis By GeographyChapter 9 Competitive Landscape Of Offshore Wind Turbines CompaniesChapter 10 Company Profiles Of Offshore Wind Turbines IndustryPurchase the complete Global Offshore Wind Turbines Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-17819Other Reports by DecisionDatabases.com:Global Gas Turbines Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Steam Turbine Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Wind Turbine Casting Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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