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

Energy Recovery Ventilator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1534 | Report Format:

Global Energy Recovery Ventilator Market: Overview Energy recovery ventilator (ERV) is installed in places where high concentrations of people are present and there is a need for sufficient fresh air. It helps in lowering the utility expenses and recover energy in the building. Energy recovery v...Read More

Water Quality Monitoring Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1531 | Report Format:

Global Water Quality Monitoring Market: Overview Water quality monitoring draws information from the water quality data in order to characterize waters from various water bodies, identify trends, assess the effectiveness of pollution control programs, address emerging problems, and help formulat...Read More

Gasification Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1526 | Report Format:

Global Gasification Market: Overview Gasification is a process of converting organic carbonaceous materials into carbon dioxide, carbon monoxide, and hydrogen. With the controlled amount of oxygen, the materials are reacted at very high temperatures. It is a thermochemical process, which convert...Read More

Diesel Generators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1523 | Report Format:

Global Diesel Generators Market: Overview A diesel generator incorporates a diesel engine with an electrically powered generator in order to produce energy. It is an explicit case of engine generator. A diesel generator depends on various factors such as the altitude of operation of the generato...Read More

Energy Harvesting System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1517 | Report Format:

Global Energy Harvesting System Market: Overview Energy is available in different forms such as mechanical, solar, thermal, the wind, and others. In order to manage, collect, and store energy so that is can be used later in many applications a system is used which convert the stored energy into ...Read More

Choose License Type:
Latest Published Reports

View All Published Reports