Small Wind Market Outlook 2025: Detailed Trends, Size & Share Analysis

24 Apr, 2025

The Small 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 Small Wind Market?

The Small Wind Global Market Report 2025 has observed substantial growth in recent times. The market size, which was $1.3 billion in 2024, is projected to increase to $1.44 billion in 2025. This signifies a compound annual growth rate (CAGR) of 10.9%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Small Wind Industry?

The Small Wind Global Market Report 2025 predicts that by 2029, the market size will have increased to $2.16 billion. The compound annual growth rate (CAGR) is projected to be 10.7%.

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What are the Key Growth Drivers Fueling the Small Wind Market?

The key drivers in the small wind market are:

• Expansion of grid connectivity and enhanced efficiency of vertical axis turbines
• Implementation of expansive renewable energy policies and increasing urban energy independence
• Continued adoption of smart grid technologies and notable climate change mitigation efforts
• Technological advancements in turbine and blade design, as well as in control systems.

Global Market Segmentation: Identifying Major Small Wind Industry Segments

The small wind market covered in this report is segmented –
1) By Type: Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine
2) By Installation: Off-Grid, On-Grid
3) By Application: Commercial, Residential, Utilities Subsegments:
1) By Horizontal Axis Wind Turbine: Upwind Horizontal Axis Wind Turbines, Downwind Horizontal Axis Wind Turbines, Grid-Connected Horizontal Axis Wind Turbines, Off-Grid Horizontal Axis Wind Turbines
2) By Vertical Axis Wind Turbine: Darrieus Vertical Axis Wind Turbines, Savonius Vertical Axis Wind Turbines, Hybrid Vertical Axis Wind Turbines, Small-Scale Vertical Axis Wind Turbines

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What are the emerging Trends Shaping the Future of the Small Wind Market?

The key trends in the small wind market are:

• Technological innovations in wind turbine designs are expected to become a major trend.
• There will be advances in blade design, materials, and control systems.
• The integration of wind-solar hybrid systems is a forthcoming trend.
• Innovations in hybrid wind-solar setups and product innovations are on the horizon.

Who Are the Top Competitors & Leading Players in the Small Wind Market?

Major players in the small wind market are:

• SMA Solar Technology AG
• Suzlon Energy Ltd.
• AeroVironment Inc.
• China Ming Yang Wind Power Group
• Inox Wind Limited
• Bramble Energy
• Eocycle Technologies Inc.
• Intertek Group PLC
• Halo Energy LLC
• Kestrel Renewable Energy
• Marlec Engineering Co. Ltd.
• Leviathan Energy LLC
• Foshan Ouyad Electronic Co. Ltd.
• Aeronautica Windpower LLC
• Pacific Sky Power
• Leosphere
• Ryse Energy
• Fortis Wind Energy
• HY Energy Co. Ltd.
• Dong Energy
• New Dawn Energy

Regional Dominance: Which Area Leads the Global Template Market?

Europe was the largest region in the small wind market in 2024