Vertical Axis Wind Turbine Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-200 | Report Format : | Status : Upcoming |

Abstract

The type of wind turbine in which the main rotor shaft is set transverse to the wind, but not necessarily vertically, whereas the main components are located at the base of the turbine is known as vertical axis wind turbines. This vertical axis arrangement in the turbine allows the generator and the gearbox to set close to the ground, thus facilitating the service and repair operations. In these types of turbines, the turbines do not need to be pointed towards the wind, hence eliminating the need for mechanisms such as wind-sensing and orientation. Another advantage of vertical axis wind turbines is that they can be grouped more closely in the wind farms, which increases the generated power per unit of land area.

The introduction of vertical axis wind turbines in the market is mainly due to increase focus towards the installation of renewable energy. With the emergence of new technologies in vertical axis wind turbine, these types of turbines are anticipated to witness high demand and may prove to be an attractive alternative in the near future. The major benefit of vertical axis wind turbines over horizontal axis wind turbines is decisive advantages, such as they do not require any wind sensing or related mechanism, and hence are experiencing high levels of R&D recently. In addition, vertical axis wind turbines also tend to utilize lesser wind comparatively to generate an equivalent amount of energy; thus they can be used in lower altitudes regions wherein the velocity of wind is generally lower. Hence, the probabilities of utilizing vertical axis wind turbines in small-scale decentralized applications are expected to be high in the near future. Vertical axis wind turbines also prove to the most cost efficient and easy-to-use over horizontal axis wind turbines, which in turn is the major factor increasing the demand for vertical axis wind turbines in the global market.

On the basis of the design, the global vertical axis wind turbines market is segmented as the Savonius model, the Darrieus model, and the Giromill model. Geographically, the global market is further segmented as Asia Pacific, North America, Middle East and Africa and Europe.

North America and Europe are anticipated to experience the highest growth in the global vertical axis wind turbines market mainly owing to the rising technological innovations and development of vertical axis wind turbine in the future. On the other hand, Asia-Pacific is expected to witness the fastest growth due to the high installations in this region.

Major players dominating the global vertical axis wind turbines market include Bergey Wind Power Co., Northern Power Systems Inc., Kingspan Group Plc., and Endurance Wind Power Inc. Other key players influencing the global market are Shanghai Ghrepower Green Energy Co. Ltd., Xzeres Wind Corp., and ZKEnergy Technology Co., Ltd.

Vertical-axis Wind Turbine Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Smart Grid Market by Technology (Advanced Metering Infrastructure, Distribution Automation, Software & Hardware, Communication Service, Cyber Security, and Transmission Upgrades) and by Service (Consulting, Deployment & Integration, and Support & Maintenance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3603 | Report Format:

The report covers a forecast and an analysis of the smart grid market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart grid mar...Read More

Mining Equipment Market by Product (Mineral Processing Equipment, Surface Mining Equipment, Mining Drills & Breakers, Underground Mining Equipment, Crushing, Pulverizing, & Screening Equipment, and Others) and by Application (Metal Mining, Mineral Mining, and Coal Mining): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3590 | Report Format:

The report covers a forecast and an analysis of the mining equipment market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on volume (K Units) and revenue (USD Billion). The study includes drivers and restraints fo...Read More

Energy As A Service Market by Service Type (Generation, Operation & Maintenance, and Energy Efficiency & Optimization) and by End-User (Industrial and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Nov-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3576 | Report Format:

The report covers forecast and analysis for the energy as a service market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the energy as a serv...Read More

Coal Gasification Market By Application (Fuel Gas, Feedstock, Power Generation, Fertilizer, and Chemical Making), and By Process Type (Moving Bed, Fluidized Bed, Entrained Bed, and Molten Bed): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2026

Nov-2018 | Price : $ 4899.00 | Pages: 210 | Report Code: ZMR-3570 | Report Format:

The report analyzes and forecasts the coal gasification market on the basis of application, process type, and region. The study shows past data from 2014 to 2017 along with a forecast from 2018 to 2026 based on volume (Megawatts). Assessment of market dynamics gives a brief thought about the drive...Read More

Essential Fatty Acids Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3545 | Report Format:

Global Essential Fatty Acids Market: Overview Essential fatty acids are fatty acids that animals and humans must need for good health. However, they cannot produce these acids on their own. Essential fatty acids are required for biological processes, but do not include the fats that only act as ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.