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Vertical Axis Wind Turbine Market Size and Forecast 2023 - 2032

Publisher Acumen Research and Consulting
Published Mar 01, 2023
Length 250 Pages
SKU # ACRC19192985

Description

Vertical Axis Wind Turbine Market Size and Forecast 2023 - 2032


The Global Vertical Axis Wind Turbine (VAWT) Market Size accounted for USD 12.9 Billion in 2022 and is projected to achieve a market size of USD 17.7 Billion by 2032 growing at a CAGR of 3.2% from 2023 to 2032.

The Vertical Axis Wind Turbine (VAWT) market is a burgeoning segment within the renewable energy industry, characterized by the use of wind turbines with vertical rotor shafts to harness wind energy. Unlike traditional horizontal axis wind turbines, VAWTs offer several advantages including omnidirectional wind capture, lower noise levels, and reduced visual impact. These features make VAWTs particularly suitable for urban environments and areas with turbulent wind conditions.

Key drivers of the VAWT market include the growing demand for renewable energy sources, advancements in turbine technology, and increased focus on reducing the carbon footprint of energy production. VAWTs are increasingly recognized for their potential to enhance energy efficiency and adaptability, as they can operate effectively in varying wind directions and lower wind speeds. Technological innovations such as improved aerodynamics, materials science, and integrated energy storage systems are contributing to the enhanced performance and cost-effectiveness of VAWTs.

The market is characterized by a diverse range of VAWT designs, including Savonius, Darrieus, and hybrid configurations. Each design offers unique benefits and is tailored to specific applications, from small-scale residential systems to larger, commercial installations. Key players in the market include both established wind energy companies and emerging startups, all focusing on refining turbine technology and expanding their market presence.

Vertical Axis Wind Turbine Market Segmentation

The global vertical axis wind turbine market segmentation is based on type, application, and geography.

Vertical Axis Wind Turbine Market By Type

Darrieus
Garomill
Savonious

Vertical Axis Wind Turbine Market By Application

Residential
Commercial
Industrial
Others

Vertical Axis Wind Turbine Market Player

Some of the top vertical axis wind turbine market companies offered in the professional report include Urban Green Energy (UGE), Northern Power Systems, Aerovironment, Envergate Energy AG, Vortex Bladeless, Arborwind, Windspire Energy, SAWT Energy, Magenn Power, Quietrevolution, Helix Wind, and Oy Windside Production Ltd.

Vertical Axis Wind Turbine Market Regional Outlook

North America (United States and Canada)
Europe (Germany, UK, France, Spain and Rest Of Europe)
Asia-Pacific (China, Japan, South Korea, India, Australia,Rest of Asia-Pacific )
Latin America (Brazil, Mexico and Rest Of Latin America.)
Middle East and Africa (South Africa,GCC Countries and Rest Of the Middle East and Africa(ME&A)

Table of Contents

250 Pages
CHAPTER 1. Industry Overview of Vertical Axis Wind Turbine Market
1.1. Definition and Scope
1.1.1. Definition of Vertical Axis Wind Turbine
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Vertical Axis Wind Turbine Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Vertical Axis Wind Turbine Market By Type
1.2.3. Vertical Axis Wind Turbine Market By Application
1.2.4. Vertical Axis Wind Turbine Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Vertical Axis Wind Turbine Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Vertical Axis Wind Turbine Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Price Trend of Key Raw Material
3.8.1. Raw Material Suppliers
3.8.2. Proportion of Manufacturing Cost Structure
3.8.2.1. Raw Material
3.8.2.2. Labor Cost
3.8.2.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Vertical Axis Wind Turbine Market By Type
5.1. Introduction
5.2. Vertical Axis Wind Turbine Revenue By Type
5.2.1. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast, By Type, 2020-2032
5.2.2. Darrieus
5.2.2.1. Darrieus Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Garomill
5.2.3.1. Garomill Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Savonious
5.2.4.1. Savonious Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Vertical Axis Wind Turbine Market By Application
6.1. Introduction
6.2. Vertical Axis Wind Turbine Revenue By Application
6.2.1. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast, By Application, 2020-2032
6.2.2. Residential
6.2.2.1. Residential Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Commercial
6.2.3.1. Commercial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Industrial
6.2.4.1. Industrial Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.5. Others
6.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. North America Vertical Axis Wind Turbine Market By Country
7.1. North America Vertical Axis Wind Turbine Market Overview
7.2. U.S.
7.2.1. U.S. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
7.2.2. U.S. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
7.3. Canada
7.3.1. Canada Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
7.3.2. Canada Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
7.4. North America PEST Analysis
CHAPTER 8. Europe Vertical Axis Wind Turbine Market By Country
8.1. Europe Vertical Axis Wind Turbine Market Overview
8.2. U.K.
8.2.1. U.K. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
8.2.2. U.K. Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
8.3. Germany
8.3.1. Germany Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
8.3.2. Germany Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
8.4. France
8.4.1. France Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
8.4.2. France Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
8.5. Spain
8.5.1. Spain Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
8.5.2. Spain Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
8.6. Rest of Europe
8.6.1. Rest of Europe Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
8.6.2. Rest of Europe Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Vertical Axis Wind Turbine Market By Country
9.1. Asia Pacific Vertical Axis Wind Turbine Market Overview
9.2. China
9.2.1. China Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.2. China Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.3. Japan
9.3.1. Japan Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.2. Japan Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.4. India
9.4.1. India Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.4.2. India Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.5. Australia
9.5.1. Australia Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.5.2. Australia Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.6. South Korea
9.6.1. South Korea Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.6.2. South Korea Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
9.7.2. Rest of Asia-Pacific Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Vertical Axis Wind Turbine Market By Country
10.1. Latin America Vertical Axis Wind Turbine Market Overview
10.2. Brazil
10.2.1. Brazil Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.2. Brazil Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
10.3. Mexico
10.3.1. Mexico Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.2. Mexico Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
10.4. Rest of Latin America
10.4.1. Rest of Latin America Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.2. Rest of Latin America Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
10.5. Latin America PEST Analysis
CHAPTER 11. Middle East & Africa Vertical Axis Wind Turbine Market By Country
11.1. Middle East & Africa Vertical Axis Wind Turbine Market Overview
11.2. GCC
11.2.1. GCC Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.2. GCC Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
11.3. South Africa
11.3.1. South Africa Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.2. South Africa Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.2. Rest of Middle East & Africa Vertical Axis Wind Turbine Revenue (USD Billion) and Forecast By Application, 2020-2032
11.5. Middle East & Africa PEST Analysis
CHAPTER 12. Player Analysis Of Vertical Axis Wind Turbine Market
12.1. Vertical Axis Wind Turbine Market Company Share Analysis
12.2. Competition Matrix
12.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment
12.2.2. New Product Launches and Product Enhancements
12.2.3. Mergers And Acquisition In Global Vertical Axis Wind Turbine Market
12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 13. Company Profile
13.1. Urban Green Energy (UGE)
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (USD Billion), 2022
13.1.3.2. Urban Green Energy (UGE) 2022 Vertical Axis Wind Turbine Business Regional Distribution
13.1.4. Product/Service and Specification
13.1.5. Recent Developments & Business Strategy
13.2. Northern Power Systems
13.3. Aerovironment
13.4. Envergate Energy AG
13.5. Vortex Bladeless
13.6. Arborwind
13.7. Windspire Energy
13.8. SAWT Energy
13.9. Magenn Power
13.10. Quietrevolution
13.11. Helix Wind
13.12. Oy Windside Production Ltd

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