The global vertical axis wind turbine market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The major factors driving the growth of this market are increasing demand for renewable energy sources and decreasing cost of wind turbines. The major restraints for this market are high initial investment and low reliability in performance.
The global vertical axis wind turbine market is segmented on the basis of type, application, and region. On the basis of type, it is classified into Darrieus and Savonius types; on the basis of application, it is classified into residential, commercial and industrial, fishery and recreational boats, hybrid systems (wind-diesel), pastures (livestock), farms (livestock) remote villages (potable systems), pumping stations for water supply networks in remote areas or islands with no access to electricity grids or other power sources such as solar panels or batteries; desalination plants; purification plants; remote monitoring stations; research centers; education centers). On the basis of region it includes North America (US, Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific excluding Japan(China India South Korea Australia Indonesia Thailand Vietnam Malaysia Philippines Singapore Taiwan) Middle East & Africa(Saudi Arabia UAE Qatar Kuwait Bahrain Oman Jordan Egypt Nigeria Kenya).
- The increasing demand for renewable energy sources is driving the growth of the vertical axis wind turbine market.
- The increasing awareness about the benefits of using renewable energy sources is also driving the growth of this market.
- The high cost associated with installing a vertical axis wind turbine is a major factor restraining this market's growth.
- The lack of skilled labor in this field is another factor that could restrain the vertical axis wind turbine market's growth in future years, as it will be difficult to find qualified personnel to install these turbines and maintain them over time, which will lead to higher costs for installation and maintenance services, which will then lead to higher prices for consumers who want to buy these turbines or have them installed on their property or land they own or lease from others who own it (e.g., farmers).
- There are many other factors that could affect how well this market does in future years, such as changes in government regulations and policies related to renewable energy sources like solar power and wind power; changes in technology related to solar panels and other technologies used by solar panel manufacturers; changes in technology related to wind turbines; etcetera.
Industry Growth Insights published a new data on “Vertical Axis Wind Turbine Market”. The research report is titled “Vertical Axis Wind Turbine Market research by Types (Darrieus, Savonius), By Applications (Residential, Commercial and Industrial, Fishery and Recreational Boats, Hybrid Systems, Pastures, Farms and Remote Villages, Potable Systems for Leisure, Pumping, Desalination and Purification, Remote Monitoring, Research and Education), By Players/Companies UGE, Helix Wind, Wind Harvest, Astralux, Kliux Energies, Sycamore Energy, Ropatec, Arborwind, Quietrevolution, Turbine, Luethi Enterprises, Aeolos, Oy Windside Production, Eastern Wind Power, Windspire Energy, SAW, Ningbo Fengshen, MUCE”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Axis Wind Turbine Market Research Report
By Type
Darrieus, Savonius
By Application
Residential, Commercial and Industrial, Fishery and Recreational Boats, Hybrid Systems, Pastures, Farms and Remote Villages, Potable Systems for Leisure, Pumping, Desalination and Purification, Remote Monitoring, Research and Education
By Companies
UGE, Helix Wind, Wind Harvest, Astralux, Kliux Energies, Sycamore Energy, Ropatec, Arborwind, Quietrevolution, Turbine, Luethi Enterprises, Aeolos, Oy Windside Production, Eastern Wind Power, Windspire Energy, SAW, Ningbo Fengshen, MUCE
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Axis Wind Turbine Market Report Segments:
The global Vertical Axis Wind Turbine market is segmented on the basis of:
Types
Darrieus, Savonius
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
Residential, Commercial and Industrial, Fishery and Recreational Boats, Hybrid Systems, Pastures, Farms and Remote Villages, Potable Systems for Leisure, Pumping, Desalination and Purification, Remote Monitoring, Research and Education
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:
- UGE
- Helix Wind
- Wind Harvest
- Astralux
- Kliux Energies
- Sycamore Energy
- Ropatec
- Arborwind
- Quietrevolution
- Turbine
- Luethi Enterprises
- Aeolos
- Oy Windside Production
- Eastern Wind Power
- Windspire Energy
- SAW
- Ningbo Fengshen
- MUCE
Highlights of The Vertical Axis Wind Turbine 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:
- Darrieus
- Savonius
- By Application:
- Residential
- Commercial and Industrial
- Fishery and Recreational Boats
- Hybrid Systems
- Pastures, Farms and Remote Villages
- Potable Systems for Leisure
- Pumping
- Desalination and Purification
- Remote Monitoring
- Research and Education
- 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 Vertical Axis Wind Turbine 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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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?
Some of the major companies in the vertical axis wind turbine market are UGE, Helix Wind, Wind Harvest, Astralux, Kliux Energies, Sycamore Energy, Ropatec, Arborwind, Quietrevolution, Turbine, Luethi Enterprises, Aeolos, Oy Windside Production, Eastern Wind Power, Windspire Energy, SAW, Ningbo Fengshen, MUCE.
The vertical axis wind turbine market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical Axis Wind Turbine 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. Vertical Axis Wind Turbine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Axis Wind Turbine Market - Supply Chain
4.5. Global Vertical Axis Wind Turbine Market Forecast
4.5.1. Vertical Axis Wind Turbine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Axis Wind Turbine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Axis Wind Turbine Market Absolute $ Opportunity
5. Global Vertical Axis Wind Turbine 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. Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
5.3.1. Darrieus
5.3.2. Savonius
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Axis Wind Turbine 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. Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial and Industrial
6.3.3. Fishery and Recreational Boats
6.3.4. Hybrid Systems
6.3.5. Pastures, Farms and Remote Villages
6.3.6. Potable Systems for Leisure
6.3.7. Pumping
6.3.8. Desalination and Purification
6.3.9. Remote Monitoring
6.3.10. Research and Education
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Axis Wind Turbine 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. Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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. Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Demand Share Forecast, 2019-2026
9. North America Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial and Industrial
9.4.3. Fishery and Recreational Boats
9.4.4. Hybrid Systems
9.4.5. Pastures, Farms and Remote Villages
9.4.6. Potable Systems for Leisure
9.4.7. Pumping
9.4.8. Desalination and Purification
9.4.9. Remote Monitoring
9.4.10. Research and Education
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
9.7.1. Darrieus
9.7.2. Savonius
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 Vertical Axis Wind Turbine Demand Share Forecast, 2019-2026
10. Latin America Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial and Industrial
10.4.3. Fishery and Recreational Boats
10.4.4. Hybrid Systems
10.4.5. Pastures, Farms and Remote Villages
10.4.6. Potable Systems for Leisure
10.4.7. Pumping
10.4.8. Desalination and Purification
10.4.9. Remote Monitoring
10.4.10. Research and Education
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
10.7.1. Darrieus
10.7.2. Savonius
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 Vertical Axis Wind Turbine Demand Share Forecast, 2019-2026
11. Europe Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial and Industrial
11.4.3. Fishery and Recreational Boats
11.4.4. Hybrid Systems
11.4.5. Pastures, Farms and Remote Villages
11.4.6. Potable Systems for Leisure
11.4.7. Pumping
11.4.8. Desalination and Purification
11.4.9. Remote Monitoring
11.4.10. Research and Education
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
11.7.1. Darrieus
11.7.2. Savonius
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 Vertical Axis Wind Turbine Demand Share, 2019-2026
12. Asia Pacific Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial and Industrial
12.4.3. Fishery and Recreational Boats
12.4.4. Hybrid Systems
12.4.5. Pastures, Farms and Remote Villages
12.4.6. Potable Systems for Leisure
12.4.7. Pumping
12.4.8. Desalination and Purification
12.4.9. Remote Monitoring
12.4.10. Research and Education
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
12.7.1. Darrieus
12.7.2. Savonius
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 Vertical Axis Wind Turbine Demand Share, 2019-2026
13. Middle East & Africa Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine 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 Vertical Axis Wind Turbine Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial and Industrial
13.4.3. Fishery and Recreational Boats
13.4.4. Hybrid Systems
13.4.5. Pastures, Farms and Remote Villages
13.4.6. Potable Systems for Leisure
13.4.7. Pumping
13.4.8. Desalination and Purification
13.4.9. Remote Monitoring
13.4.10. Research and Education
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Axis Wind Turbine Market Size and Volume Forecast by Type
13.7.1. Darrieus
13.7.2. Savonius
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 Vertical Axis Wind Turbine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Axis Wind Turbine Market: Market Share Analysis
14.2. Vertical Axis Wind Turbine Distributors and Customers
14.3. Vertical Axis Wind Turbine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. UGE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Helix Wind
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wind Harvest
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Astralux
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kliux Energies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sycamore 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. Ropatec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Arborwind
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Quietrevolution
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Turbine
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Luethi Enterprises
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aeolos
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Oy Windside Production
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Eastern Wind Power
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Windspire Energy
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SAW
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ningbo Fengshen
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. MUCE
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
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