Contact Us
Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

The small wind turbine referred as home wind turbines has really small diameter around 10m. The power output produced by these turbines are also low when compared to large wind turbines. This makes small wind turbines perfect for projects with smaller electricity needs, such as residential, portable, or off-grid applications. Due to small size, it can easily be installed in various locations such as building, houses, and others to provide electricity. Small wind turbines are mostly suitable for rural areas where large space and few obstructions that would impact wind speeds.

The EMEA small wind turbines market is segmented into type, application, and country. On the basis of type, the market is segmented into horizontal axis wind turbine and vertical axis wind turbine. Among type, horizontal axis wind turbine segment generated the largest revenue in 2020. Furthermore, on the basis of application, the EMEA small wind turbines market is segmented into on-grid and off-grid. Among this, off-grid segment generated highest revenue in 2020. On the basis of country, the EMEA Small Wind turbines market is segmented into Germany, UK, France, Italy, Spain, Russia, GCC Countries, Israel, South Africa, and Rest of EMEA

The EMEA small wind turbines market is expected to witness significant growth during the forecast period (2021–2028) due to rise in demand for energy and increased concerns about the environmental impact

The demand for energy has rapidly increased in the recent past due to growth in the population and economic activity. According to the U.S. Energy Information Administration, a U.S.-based government agency, the global energy demand is expected to increase around 50% by 2050. Thus, rapidly growing population and industrialization is expected to positively impact the Europe, Middle East, and Africa small wind turbines market during the forecast period.

Furthermore, growing environment concern about the use of fossil fuel is promoting the use of renewable energy sources such as wind and solar energy. For instance, according to Natural Resources Defense Council, Inc., a U.S.-based nonprofit organization, the energy generated using fossil fuel produces large amount of carbon dioxide and other greenhouse gases which increase atmospheric temperature. According to the CMI’ analysis, in 2019, the use of fossil fuel in Europe for power and transportation sectors contributes for about three-quarters of carbon emissions. Thus, demand for renewable energy has significantly increased in the Europe region, especially for power generation. For instance, according to the European Environment Agency, a European government agency, the share of renewable energy has witnessed rapid growth compared to fossil fuel. In 2015, the share of renewable energy was 7.2% and by 2017 it has almost doubled to reach 14.8% of total energy consumption in Europe. According to same source, in the European Union (EU) the share for renewable energy would grow 70% by 2050.

The major factor restraining growth of the EMEA small wind turbines market is increased adoption of other renewable energy sources. . Although, the adoption of wind energy witnessed rapid growth in the recent past, the growth is mostly limited to commercial use. The domestic power generations is mostly driven by the solar grids. According to CMI’ analysis, in 2017 global solar power contributes to more than 30% domestic power generation. Small scale solar panel can be easily installed on the rooftops with very little or no maintenances for the user. Another factor which can hamper the growth of the EMEA small wind turbines market includes lack of awareness about the usage of wind energy among the end-use consumers.

request-sample

EMEA Small Wind Turbines Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 45,424.6 Th
Historical Data for: 2017 to 2019 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 6.6% 2028 Value Projection: US$ 71,341.2 Th
Geographies covered:
  • Europe: Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, and Rest of Africa
Segments covered:
  • By Type: Horizontal Axis Wind Turbine and Vertical Axis Wind Turbine
  • By Application: On-Grid and Off-Grid
Companies covered:

Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyWind GmbH, Endurance Wind Power, ENESSERE S.r.l., Fortis Wind BV, iQron GmbH, PSW-Energiesysteme GmbH, Ryse Energy, SD Wind Energy Limited, TUGE Energia, Wind Energy Solutions B.V., and XZERES Wind Europe Ltd

Growth Drivers:
  • Rise in demand for energy and increased concerns about the environmental impact
  • Government investment and policies
Restraints & Challenges:
  • Increased adoption of other renewable energy sources 

EMEA Small Wind Turbines Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 has significantly disrupted almost all the industries including infrastructure, transportation, oil and gas, manufacturing, and others. To combat COVID-19 pandemic, most of the countries had implemented lockdown and are now easing it phase-wise and industry wise. This has significantly impacted manufacturing sector as the facilities across the globe were temporarily shut down.

The effect of the COVID-19 pandemic can be considered in two ways; short term impact and long term impact.  Considering the short term impact, owing to spread of COVID-19 pandemic, small wind turbines manufacturers who stocked up hardware components (such as turbine, blades) experienced a difficult time to clear their inventory due to low energy demand and construction activity globally. Thus, many of the small wind turbines manufacturers decreased their production. As manufacturing and distribution of goods have started at sub-optimal level across the countries, manufacturing companies are slowly gaining momentum.

Rest of Middle East and Africa held dominant position in the EMEA small wind turbines market in 2020

Statistics:

Rest of Middle East and Africa held dominant position in the EMEA small wind turbines market in 2020, accounting for 65.1% share in terms of value, followed by UK, Germany and others

Figure 1: EMEA Small Wind Turbines Market Share (%), By Region, 2020

EMEA Small Wind Turbines  | Coherent Market Insights

Over the forecast period, Rest of EMEA is expected to account for the largest market share in the EMEA small wind turbines market. In Germany, adoption of wind power is expected to increase in the forthcoming years. According to Stratagem Market Insight’s analysis, in 2019, almost quarter of electricity was generated using wind power. The government in the country is also focusing on several initiatives to promote renewable energy. In January 2021, latest amendment came into effect in Germany’s Renewable Energy Act (EEG). As per EEG 2021, the government is expecting an increase of onshore wind to 71 GW by 2030. The law makes sure that the capacity increment should be compatible with 65% renewable energy target and strict the annual deployment targets.

According to CMI’s analysis, over 10,961 wind turbines were installed in the UK by May 2021 with a capacity of 24.1 gigawatts. In 2020, wind power contributed more than 24% of total electricity supplied in the UK. Moreover, wind energy is the largest source of renewable energy in the UK. The UK wind farms are very expensive to build and operate, however since 2016 the government is providing subsidies through Contracts for Difference and Renewables Obligation.

Off-Grid segment is expected to drive the market growth during the forecast period.

Among application, the power generation and electrical segment is expected to hold dominant position in the EMEA small wind turbines market during the forecast period. Small wind turbines are traditionally used in remote areas for off-grid applications including rural residential electrification, water pumping and treatment, and telecommunication stations

For off-grid applications, energy storage systems such as additional batteries are necessary at times when renewable energy sources are not available. This leads to higher initial investment to install small wind turbines for off-grid applications.

Figure 2: EMEA Small Wind Turbines Market Value (US$ Th) Analysis and Forecast, 2017 - 2028

EMEA Small Wind Turbines  | Coherent Market Insights

The EMEA small wind turbines market was valued at US$ 45,424.6 Th in 2020 and is expected to reach US$ 71,341.2 Th by 2028 at a CAGR of 6.6% between 2021 and 2028.

Major players operating in the EMEA small wind turbines market include Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyWind GmbH, Endurance Wind Power, ENESSERE S.r.l., Fortis Wind BV, iQron GmbH, PSW-Energiesysteme GmbH, Ryse Energy, SD Wind Energy Limited, TUGE Energia, Wind Energy Solutions B.V., and XZERES Wind Europe Ltd

The small wind turbine referred as home wind turbines has really small diameter around 10m. The power output produced by these turbines are also low when compared to large wind turbines. This makes small wind turbines perfect for projects with smaller electricity needs, such as residential, portable, or off-grid applications.

Due to small size, it can easily be installed in various locations such as building, houses, and others to provide electricity. Small wind turbines are mostly suitable for rural areas where large space and few obstructions that would impact wind speeds.

Market Dynamics

The virtual power plant, also known as VPP, is a decentralized unit of power network and can be operated using the single centralized control system. The VPP centralized units communicate with different small scale power plants in order to efficiently monitor and control the power output in different units. These units can be either power generating units such as wind turbines, solar power, hydro power, and others or power storage units, and power consumers. Many key players in the VPP market are focusing on the development of virtual power plants. For instance, in 2012,  Statkraft AS, a Norway-based power company, constructed a virtual power plant in Germany which consists 1,300 wind farms, 100 solar energy plants combined with hydropower and bioenergy producers. The total capacity of this plant is around 10,000 MW per year which is equivalent to 10 nuclear reactors.

Furthermore, according to CMI’ analysis, the global virtual power plant market is expected to reach US$ 3.1 Bn by 2027 from US$ 0.92 Bn in 2019. Thus, rapidly growing popularity of the VPP market will positively impact the EMEA small wind turbines market during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of EMEA small wind turbines market size (US$ Million and Unit Volume) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the EMEA small wind turbines market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study include Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyWind GmbH, Endurance Wind Power, ENESSERE S.r.l., Fortis Wind BV, iQron GmbH, PSW-Energiesysteme GmbH, Ryse Energy, SD Wind Energy Limited, TUGE Energia, Wind Energy Solutions B.V., and XZERES Wind Europe Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The EMEA small wind turbines market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the EMEA small wind turbines market

Detailed Segmentation

  • EMEA Small Wind Turbines Market, By Type:
    • Horizontal Axis Wind Turbine
    • Vertical Axis Wind Turbine
  •  EMEA Small Wind Turbines Market, By Application
    • On-Grid
    • Off-Grid
  • EMEA Small Wind Turbines Market, By Country:
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • GCC Countries
    • Israel
    • South Africa
    • Rest of EMEA
  • Company Profiles
    • Aeolos Wind Energy Ltd *
      • Company Overview
      • Product Portfolio and Specifications
      • Financial Performance
      • Strategic Overview
      • Recent Developments/Updates
    • BORNAY
    • Braun Windturbinen GmbH
    • Britwind
    • EasyWind GmbH
    • Endurance Wind Power
    • ENESSERE S.r.l.
    • Fortis Wind BV
    • iQron GmbH
    • PSW-Energiesysteme GmbH
    • Ryse Energy
    • SD Wind Energy Limited
    • TUGE Energia
    • Wind Energy Solutions B.V.
    • XZERES Wind Europe Ltd

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Market Definition and Scope
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Report Description
    • Executive Summary
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Application Trend
    • Merger and Acquisitions
    • New Product Launch/Approvals
    • Value Chain Analysis
    • Porter’s Analysis
    • PEST Analysis
    • Impact of COVID-19 Pandemic
  4. EMEA Small Wind Turbines Market, By Type, 2017-2028 (US$ Thousand and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • Horizontal Axis Wind Turbine
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Thousand and Units)
    • Vertical Axis Wind Turbine
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Thousand and Units)
  5. EMEA Small Wind Turbines Market, By Application, 2017-2028 (US$ Thousand and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2028 (%)
      • Segment Trends
    • On-Grid
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Thousand and Units)
    • Off-Grid
      • Introduction
      • Market Size and Forecast, 2017–2028, (US$ Thousand and Units)
  6. EMEA Small Wind Turbines Market, By Country 2017-2028 (US$ Thousand and Units)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2028 (%)
    • Germany
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • UK
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • France
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • Italy
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • Spain
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • Russia
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • GCC Countries
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • Israel
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • South Africa
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
    • Rest of EMEA
      • Market Size and Forecast, By Type, 2017–2028 (US$ Thousand and Units)
      • Market Size and Forecast, By Application, 2017–2028 (US$ Thousand and Units)
  7. Competitive Landscape
    • Company Profiles
      • Aeolos Wind Energy Ltd
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BORNAY
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Braun Windturbinen GmbH
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Britwind
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EasyWind GmbH
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Endurance Wind Power
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ENESSERE S.r.l.
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Fortis Wind BV
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • iQron GmbH
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • PSW-Energiesysteme GmbH
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ryse Energy
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SD Wind Energy Limited
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • TUGE Energia
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Wind Energy Solutions B.V.
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • XZERES Wind Europe Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 150 market data tables and 90 figures on "Small Wind Turbines Market - EMEA forecast to 2028”.

FAQgrowicon

Frequently Asked Questions

The EMEA small wind turbines market is expected to reach US$ 71,341.2 Th by 2028.
The market is expected to witness a CAGR of 6.6% during the forecast period (2021-2028).
Rise in demand for energy and increased concerns about the environmental impact and government investment and policies are expected to boost growth of the market.
Off grid segment held the largest market share among application verticals, contributing 76.6% in terms of value in 2020.
North America region held the largest share in the market in 2020, accounting for 27.1% share in terms of value.
Key players operating in the market include Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyWind GmbH, Endurance Wind Power, ENESSERE S.r.l., Fortis Wind BV, iQron GmbH, PSW-Energiesysteme GmbH, Ryse Energy, SD Wind Energy Limited, TUGE Energia, Wind Energy Solutions B.V., and XZERES Wind Europe Ltd
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner

Subscribe Newsletter

Kindly Subscribe for our latest news & articles.