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

Underwater Monitoring System for Oil and Gas Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Nov-2016 | Price : $ 3599.00 | Report Code: ZMR-377 | Report Format:

An underwater monitoring system for oil and gas is the process of monitoring natural fuels, mainly oil and gas, and treating them to meet the daily needs of the people. This process mainly concentrates on the quality of the product and maintenance of the structure. Increase in the demand and to ...Read More

Offshore Support Vessels Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Oct-2016 | Price : $ 3599.00 | Report Code: ZMR-198 | Report Format:

The ships that are designed and used for the transportation of liquid cargo, stores, materials and equipment, and personnel to offshore oil platform that functions deep in the oceans are known as offshore support vessels. Services included in these vessels are offshore pipe laying, drilling rigs, ...Read More

Smart Mining Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Oct-2016 | Price : $ 3599.00 | Report Code: ZMR-191 | Report Format:

Earlier, the mining industry was mainly dependent only on the labor force. Miners usually used tools such as iron chisels and hammers, compressed drills, pickaxes, and other manually operated tools for mining operations. Hence, to reduce the manual intervention in order to save the time utilized a...Read More

Solar Wind Hybrid Systems Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Oct-2016 | Price : $ 3599.00 | Report Code: ZMR-190 | Report Format:

Solar wind hybrid systems are hybrid power systems combining wind turbines with other storage or generation sources. It is a small hybrid electric system that combines wind energy and solar electric, that is, photovoltaic, generating electricity on regular basis. These systems have a wide range of...Read More

Waste to Energy (WTE) Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Oct-2016 | Price : $ 3599.00 | Report Code: ZMR-187 | Report Format:

The process of generating energy in the form of electricity and/or heat from the primary treatment of waste is called as waste-to-energy. It is also known as energy-from-waste. Waste-to-energy can be called as a form of energy recovery process. Most of the waste-to-energy processes produce electri...Read More

Choose License Type:
Upcoming Report

Healthcare

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

Global HAIs Control Market: Overview HAI stands for hospital-acquired infection. Hospital-acquired infections are caused due to pathogens, virus, fungi, and bacteria. It is contagious disease caused to patients and increases the chances of infection to their companions. The concept of HAIs contr Read More

Food & Beverage

Global Cigars & Cigarillos Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Cigars Cigarillos Market: Overview The dried and fermented tobacco leaves are tightly rolled and bound together to form cigars and cigarillos. These are of varied sizes, thicknesses, and lengths. The cigars are burnt at the end in order to intake tobacco smoke into the mouth. The cigars Read More

Packaging

Global On the Go Packaging Market: Size, Trends, Industry Share and Forecast, 2016 – 2024

Global On the Go Packaging Market: Overview Packaging is a reliable technology integrated with science and art terminology used to enclose the product to protect it from getting damage and contamination specifically the consumables such as food and liquids. Most of the products including food pr Read More

Heavy Industry

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

Global Laminated Glass Market: Overview The report presents a comprehensive assessment of the laminated glass market and contains thoughtful facts, insights, historical data, and industry-validated and statistically supported market data. It also contains estimations using a suitable set of perm Read More

Packaging

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

Global Barrier Packaging Market: Overview Barrier packaging is most common type of packaging used to protect food stuffs. It offers protection to food and beverages and retains their quality. In order to extend shelf life of the products and preserve their original quality, barrier packaging is Read More

Read more

Latest Report

01-Dec-2016 | Heavy Industry

Forging Market (Rolled Rings, Open Die, and Impression Die) for Automotive, Aerospace, Oil & Gas, and Other Applications – Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

The report covers forecast and analysis for the forging market on a worldwide, regional and country level. The study provides historic information of 2015 together with a forecast from 2016 to 2021 based on revenue (USD billion). The entire study covers the key drivers and restraints for the forgi Read More

01-Dec-2016 | Chemical & Materials

Hexagonal Boron Nitride Market (Premium Grade (PG), Standard Grade (SG) and Custom Grade (CG)) for Cosmetics, Coatings & Mold Release, Xerographic Process and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

The hexagonal boron nitride market report includes inclusive view and study on the global and regional level. The report gives historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Million) and volume (Tons). The study comprises drivers, restraints and opportunities f Read More

30-Nov-2016 | Automotive

Automotive Airbag Inflator Market by Inflators Type (Pyrotechnic, Stored Gas and Hybrid) by Airbag Type (Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

The report offers analysis for the automotive airbag inflators market on a global and regional level. The study provides past data of the year 2015 along with a forecast from 2016 to 2021. The market number is provided in terms of revenue in USD Billion. The study also includes automotive airbag i Read More

30-Nov-2016 | Chemical & Materials

Silicone Market (Resins, Elastomers, Gels, Fluids and Others) for Textile, Building & Construction, Paper, Chemical Industry, Plastics, Automotive & Transportation, Electrical & Electronics, Medical & Personal Care and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

The report covers forecast and analysis for the silicone market on a worldwide, regional and country level. The study provides historic information of 2015 together with a forecast from 2016 to 2021 based on revenue (USD million). The entire study covers the key drivers and restraints for the sili Read More

29-Nov-2016 | Medical Device

Gynecological Devices Market by Surgical Device (Gynecological Endoscopy Devices, Endometrial Ablation Devices, Fluid Management Systems and Female Sterilization and Contraceptive Devices) by Hand Instrument (Vaginal Speculum, Tenaculum, Curettes, Trocars, Biopsy Forceps and Others) and by Diagnostic Imaging System (Ultrasound and Mammography) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

The report covers forecast and analysis for the gynecological devices market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Billion). The study includes drivers and restraints for the gynecological devices mark Read More

Read more