Global Wind Assisted Propulsion System (WAPS) Market Growth 2025-2031

The global Wind Assisted Propulsion System (WAPS) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A wind-assisted propulsion system is a ship wind propulsion device that uses wind energy as power or auxiliary power. The system uses sails and other wind-catching devices to reduce ship fuel consumption.

United States market for Wind Assisted Propulsion System (WAPS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Wind Assisted Propulsion System (WAPS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Wind Assisted Propulsion System (WAPS) is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Wind Assisted Propulsion System (WAPS) players cover SkySails, Airseas, Econowind, Aloft Systems, Norsepower, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Wind Assisted Propulsion System (WAPS) Industry Forecast” looks at past sales and reviews total world Wind Assisted Propulsion System (WAPS) sales in 2024, providing a comprehensive analysis by region and market sector of projected Wind Assisted Propulsion System (WAPS) sales for 2025 through 2031. With Wind Assisted Propulsion System (WAPS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Assisted Propulsion System (WAPS) industry.

This Insight Report provides a comprehensive analysis of the global Wind Assisted Propulsion System (WAPS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wind Assisted Propulsion System (WAPS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wind Assisted Propulsion System (WAPS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Assisted Propulsion System (WAPS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wind Assisted Propulsion System (WAPS).

This report presents a comprehensive overview, market shares, and growth opportunities of Wind Assisted Propulsion System (WAPS) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Kite Propulsion System
Sail Propulsion System

Segmentation by Application:
Passenger Ship
Cargo Ship

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SkySails
Airseas
Econowind
Aloft Systems
Norsepower
AYRO
Anemoi
Windship Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wind Assisted Propulsion System (WAPS) market?

What factors are driving Wind Assisted Propulsion System (WAPS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wind Assisted Propulsion System (WAPS) market opportunities vary by end market size?

How does Wind Assisted Propulsion System (WAPS) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.