Global Small Wind Power Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Horizontal Axis Wind Turbine and Vertical Axis Wind Turbine.

By Application;

Domestic, Small-Scale Industries, and Commercial.

By Installation;

On-Grid and Off-Grid.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn960997159 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Small Wind Power Market (USD Million), 2021 - 2031

In the year 2024, the Global Small Wind Power Market was valued at USD 10,337.37 million. The size of this market is expected to increase to USD 18,417.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

The Global Small Wind Power Market represents a dynamic sector within the renewable energy landscape, offering decentralized energy solutions to various applications. Small wind turbines, typically defined as those with a capacity of less than 100 kilowatts, cater to a diverse range of end-users, from residential and commercial properties to rural electrification projects and off-grid installations. As the world continues to prioritize sustainability and energy independence, the small wind power market plays a vital role in driving the transition towards cleaner and more sustainable energy sources.

This market has witnessed significant growth in recent years, propelled by various factors such as increasing environmental awareness, technological advancements, and supportive government policies and incentives. Small wind power systems offer numerous advantages, including reduced carbon footprint, energy cost savings, and the ability to generate power in remote or off-grid locations where grid connectivity is limited or unavailable.

The market is characterized by a diverse array of players, including manufacturers, developers, installers, and service providers. These stakeholders operate within a competitive landscape shaped by evolving regulatory frameworks, technological innovations, and shifting consumer preferences. Key market participants continually strive to enhance product efficiency, reliability, and affordability to meet the growing demand for clean energy solutions.

As the world seeks to address climate change and achieve energy security goals, the small wind power market presents significant opportunities for expansion and innovation. Advancements in turbine design, materials, and control systems are driving improvements in performance, enabling small wind turbines to deliver higher energy yields and operate more efficiently in a wide range of environmental conditions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Installation
    4. Market Snapshot, By Region
  4. Global Small Wind Power Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for decentralized energy solutions
        2. Urbanization and energy demand
        3. Diversification for energy security
        4. Abundant wind resources
        5. Rural electricity demand
      2. Restraints
        1. Land use requirements
        2. Regulatory barriers
        3. Grid integration challenges
        4. Reliability concerns
        5. Wind resource variability
      3. Opportunities
        1. Off-grid electrification
        2. Infrastructure integration
        3. Industry partnerships
        4. Hybrid renewable systems
        5. Small-scale sector growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Small Wind Power Market, By Type, 2021 - 2031 (USD Million)
      1. Horizontal Axis Wind Turbine
      2. Vertical Axis Wind Turbine
    2. Global Small Wind Power Market, By Application, 2021 - 2031 (USD Million)
      1. Domestic
      2. Small-Scale Industries
      3. Commercial
    3. Global Small Wind Power Market, By Installation, 2021 - 2031 (USD Million)
      1. On-Grid
      2. Off-Grid
    4. Global Small Wind Power Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Northern Power Systems Corp. (U.S.)
      2. Kingspan Group Plc. (Ireland)
      3. Bergey Wind Power Co. Inc. (U.S.)
      4. S.L. (Spain)
      5. Ennera Energy and Mobility
      6. Eocycle Technologies Inc. (Canada)
      7. Guangzhou HY Energy Technology Co. Ltd (China)
      8. Shanghai Ghrepower Green Energy Co. Ltd (China)
      9. Endurance Wind Power Inc. (Canada)
      10. XZERES Wind Corporation (U.S.)
      11. City Windmills Holdings PLC (U.K.)
      12. Aeolos Wind Energy Ltd (U.K.)
  7. Analyst Views
  8. Future Outlook of the Market