The global horizontal axis wind turbines market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market can be attributed to the increasing demand for renewable energy sources and the need for sustainable power generation methods. The small turbines segment is expected to grow at a CAGR of 7% during the forecast period, while large turbines are expected to grow at a CAGR of 5%.
Some Of The Growth Factors Of This Market:
- The increasing demand for renewable energy sources is driving the growth of the Horizontal Axis Wind Turbines market.
- The increasing population and urbanization are also driving the growth of the Horizontal Axis Wind Turbines market.
- The high cost of electricity is also a factor that is driving the growth of the Horizontal Axis Wind Turbines market.
- The increase in government support for renewable energy sources is also a factor that is driving the growth of this market, as well as increased investments in research and development activities by governments and private companies to develop new technologies for wind turbines, which will lead to more efficient wind turbines with lower costs per kilowatt hour generated over time, which will drive up demand for these products in this market over time as well.
- Increasing awareness about environmental issues such as climate change and air pollution are also factors that are contributing to this markets' growth.
Industry Growth Insights published a new data on “Horizontal Axis Wind Turbines Market”. The research report is titled “Horizontal Axis Wind Turbines Market research by Types (Small Turbines, Large Turbines), By Applications (Electric Power, Aeronautics and Astronautics, Other), By Players/Companies Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Horizontal Axis Wind Turbines Market Research Report
By Type
Small Turbines, Large Turbines
By Application
Electric Power, Aeronautics and Astronautics, Other
By Companies
Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Horizontal Axis Wind Turbines Market Report Segments:
The global Horizontal Axis Wind Turbines market is segmented on the basis of:
Types
Small Turbines, Large Turbines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power, Aeronautics and Astronautics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Northern Power Systems
- Wind Energy Solutions
- Kingspan Group PLC
- Ghrepower Green Energy
- Endurance Wind Power
- Fortis Wind Energy
- WinPower Energy
- Nanjing Oulu
- Bergey Windpower
- Polaris America
- Britwind
- HY Energy
- XZERES
Highlights of The Horizontal Axis Wind Turbines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Turbines
- Large Turbines
- By Application:
- Electric Power
- Aeronautics and Astronautics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Horizontal Axis Wind Turbines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Horizontal axis wind turbines (HAWTs) are a type of wind turbine that use the wind to rotate an armature, or rotor, which in turn creates electricity. HAWTs have several advantages over other types of turbines, including greater efficiency and lower costs.
Some of the major players in the horizontal axis wind turbines market are Northern Power Systems, Wind Energy Solutions, Kingspan Group PLC, Ghrepower Green Energy, Endurance Wind Power, Fortis Wind Energy, WinPower Energy, Nanjing Oulu, Bergey Windpower, Polaris America, Britwind, HY Energy, XZERES.
The horizontal axis wind turbines market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Horizontal Axis Wind Turbines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Horizontal Axis Wind Turbines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Horizontal Axis Wind Turbines Market - Supply Chain
4.5. Global Horizontal Axis Wind Turbines Market Forecast
4.5.1. Horizontal Axis Wind Turbines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Horizontal Axis Wind Turbines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Horizontal Axis Wind Turbines Market Absolute $ Opportunity
5. Global Horizontal Axis Wind Turbines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
5.3.1. Small Turbines
5.3.2. Large Turbines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Horizontal Axis Wind Turbines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
6.3.1. Electric Power
6.3.2. Aeronautics and Astronautics
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Horizontal Axis Wind Turbines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Horizontal Axis Wind Turbines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Horizontal Axis Wind Turbines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Horizontal Axis Wind Turbines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Horizontal Axis Wind Turbines Demand Share Forecast, 2019-2026
9. North America Horizontal Axis Wind Turbines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
9.4.1. Electric Power
9.4.2. Aeronautics and Astronautics
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
9.7.1. Small Turbines
9.7.2. Large Turbines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Horizontal Axis Wind Turbines Demand Share Forecast, 2019-2026
10. Latin America Horizontal Axis Wind Turbines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
10.4.1. Electric Power
10.4.2. Aeronautics and Astronautics
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
10.7.1. Small Turbines
10.7.2. Large Turbines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Horizontal Axis Wind Turbines Demand Share Forecast, 2019-2026
11. Europe Horizontal Axis Wind Turbines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Horizontal Axis Wind Turbines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
11.4.1. Electric Power
11.4.2. Aeronautics and Astronautics
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
11.7.1. Small Turbines
11.7.2. Large Turbines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Horizontal Axis Wind Turbines Demand Share, 2019-2026
12. Asia Pacific Horizontal Axis Wind Turbines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Horizontal Axis Wind Turbines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
12.4.1. Electric Power
12.4.2. Aeronautics and Astronautics
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
12.7.1. Small Turbines
12.7.2. Large Turbines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Horizontal Axis Wind Turbines Demand Share, 2019-2026
13. Middle East & Africa Horizontal Axis Wind Turbines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Horizontal Axis Wind Turbines Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Horizontal Axis Wind Turbines Market Size and Volume Forecast by Application
13.4.1. Electric Power
13.4.2. Aeronautics and Astronautics
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Horizontal Axis Wind Turbines Market Size and Volume Forecast by Type
13.7.1. Small Turbines
13.7.2. Large Turbines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Horizontal Axis Wind Turbines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Horizontal Axis Wind Turbines Market: Market Share Analysis
14.2. Horizontal Axis Wind Turbines Distributors and Customers
14.3. Horizontal Axis Wind Turbines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Northern Power Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wind Energy Solutions
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kingspan Group PLC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ghrepower Green Energy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Endurance Wind Power
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fortis Wind Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. WinPower Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nanjing Oulu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bergey Windpower
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polaris America
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Britwind
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HY Energy
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. XZERES
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook