The Distributed Wind Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Distributed Wind Market?
The Distributed Wind Global Market Report 2025 indicates a strong growth trend in recent years. It notes that the market size is projected to expand from $4.93 billion in 2024 to $5.24 billion in 2025. This expansion represents a compound annual growth rate (CAGR) of 6.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Distributed Wind Industry?
The Distributed Wind Global Market Report 2025 expects the market size to reach $6.59 billion in 2029, with a compound annual growth rate (CAGR) of 5.9%.
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What are the Key Growth Drivers Fueling the Distributed Wind Market?
The key drivers in the distributed wind market are:
• Rising decentralization of energy systems
• Increasing corporate sustainability goals
• Expansion of research and development in the field
• Growing government policies and incentives related to energy
Global Market Segmentation: Identifying Major Distributed Wind Industry Segments
The distributed windmarket covered in this report is segmented –
1) By Turbine Type: Small (Under 100 kW), Mid-Size (100 kW - 500 MW), Large-Scale (Over 500 kW)
2) By Installation Type: On-Grid, Off-Grid
3) By Application: Residential, Agricultural, Industrial, Government, Institutional, Commercial
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What are the emerging Trends Shaping the Future of the Distributed Wind Market?
The key trends in the distributed wind market are:
• The future of the distributed wind market is being shaped by advancements in technology.
• Increases in capacity are emerging as a significant trend in the market.
• The adoption of hybrid energy systems is influencing the future of the market.
• Advancements in vertical axis wind turbines are becoming an essential trend in the industry.
Who Are the Top Competitors & Leading Players in the Distributed Wind Market?
Major companies in the distributed wind market are:
• Siemens AG
• General Electric Company
• Acciona S.A.
• Vestas Wind Systems A/S
• Goldwind Science & Technology Co. Ltd.
• Nordex SE
• Enercon GmbH
• Suzlon Energy Ltd.
• Boralex Inc.
• AeroVironment Inc.
• Envision Group
• Sinovel Wind Group Co. Ltd.
• Emergya Wind Technologies B.V.
• Ming Yang Wind Power Group Limited
• MTU Onsite Energy Corp.
• Clipper Windpower Plc
• Guodian United Power Technology Co. Ltd
• Northern Power Systems
• Pika Energy Inc.
• Kestrel Renewable Energy
• Bergey Windpower Co.
• Helix Wind Corp.
• Vortex Bladeless Ltd.
• Windstream Energy Technologies India Pvt. Ltd
• Senvion S.A.
Regional Dominance: Which Area Leads the Global Distributed Wind Market?
North America was the largest region in the distributed wind market in 2024
