Global Small Wind Power Market 2025 – 2034

Small Wind Power Market Size

The CMI Team's most recent market research shows that the Global Small Wind Power Market size is expected to grow at a CAGR of 9.5% from 2025 to 2034. The market size is expected to be worth USD 13.6 billion in 2025.It is expected that the value will reach USD 28.5 billion by 2034.

An Overview of the Small Wind Power Market

Small wind power means wind energy systems that don't produce a lot of power. Most of the time, they are made for homes, farms, or small businesses. They can make about 100 kW of electricity, which is used by people in the area. This makes them less reliant on the main power grid.

The small wind power industry is being affected by a number of things, such as the growth of the renewable energy sector around the world, more money being spent on developed and developing areas, improvements in turbine systems, and higher energy prices, among other things. But the challenge of integrating the grid is slowing down the growth of the industry in some way.

Things that affect the growth of the small wind power market

Growing worries about the environment

There are a lot of environmental problems, and people are using up too many non-renewable resources. This has made it more important to start using renewable energy to make electricity. Also, modern electricity is cheap and useful for off-houses and remote areas.

This can also help small businesses grow in remote areas. To help the small wind power market grow, many regional offices and industries have been set up in different remote areas. The government's programs, such as tax breaks, also helped the wind power market grow.

Good things about small wind power

A small wind power system is a cheap way for homes to get clean, renewable energy. But it only works well in certain situations, like when there is a lot of wind, enough space, and permission to build tall towers in rural areas or suburbs.

The US Department of Energy says that small wind systems can cut electricity bills by 50% to 90% and can be used for many things, like pumping water on farms and ranches. Wind turbines don't release any harmful chemicals that cause smog, greenhouse gases, or acid rain.

Putting wind turbines on farms that are already there can help rural economies and make more money. Farmers and ranchers can still run their farms and ranches while making more money by renting out land for wind power projects.

Alternatives that compete with it

The increasing need for solar energy is a big reason why wind energy is growing. Solar power is becoming more and more popular because it is cheap and easy to get the parts. This trend could slow the growth of the small wind market during the time period that was previously mentioned.

Scope of the Report

Feature of the Report - More Information

The market will be worth $13.6 billion in 2025.

Estimated Size of the Market in 2034: USD 28.5 Billion

In 2024, the market will be worth $11.5 billion.

CAGR Growth Rate: 9.5% CAGR

Year of the Base: 2024

Time Frame for the Forecast: 2025–2034

Key Segment: By Type, Type of Installation, Application, and Region

Report Coverage: Company Profile, Revenue Estimation and Forecast, Competitive Landscape, Growth Factors, and Recent Trends

North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America are all in the scope. Show more