Vertical Axis Wind Turbine Market - Global Industry Analysis

Vertical Axis Wind Turbine Market By Type (Darrieus, Savonius, and Giromill), By Application (Residential, Industrial, Commercial, (Hybrid Systems, Fishery, Farms, Pumping, Desalination and Purification)): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 21-Apr-2021 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-200 Status : Published

The global vertical axis wind turbine market accounted for USD 11,713.9 Million in 2020 and is expected to reach USD 16,115.9 Million by 2028, growing at a CAGR of 4.2 % from 2021 to 2028.

Description

Vertical Axis Wind Turbine Market: Overview

The global vertical axis wind turbine market accounted for USD 11,713.9 Million in 2020 and is expected to reach USD 16,115.9 Million by 2028, growing at a CAGR of 4.2 % from 2021 to 2028.

A global vertical-axis wind turbine (VAWT) market is a wind turbine where the main motor rotates vertically on its shaft and blades around it and the generator and gearbox are placed close to the ground. This arrangement helps take care of the turbine more efficiently and is not hard as compared to Vertical-axis turbines. Vertical-axis wind turbine is installed mainly to use renewable energy.

The demand for environment-friendly energy sources is at an all-time high. The demand for off-grid energy sources is also high as to set up in remote places. Advances made in turbine technology has reduced the cost of setting a vertical axis turbine, which is one of the main reason for the rising demand for vertical axis turbine. Small-scale farms or individual houses host such turbines as an alternative source of energy. The energy market is more concentrated on renewable energy sources such as wind energy, solar energy, etc.

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COVID-19 Impact Analysis

The global vertical axis wind turbine Market has witnessed a downturn in sales for the short term owing to the hindered possibilities of not being manufactured in various countries due to lockdown enforcement. The main cause of the decline in demand for vertical axis wind turbines is negative growth in personal or household income. However, the world markets are slowly opening to their full potential, and theirs a surge in demand for vertical axis wind turbines. The market would remain sluggish in the upcoming year but it is expected to gain momentum due to the rise in awareness of renewable energy sources.

Growth Factors

Governments are promoting the use of renewable sources of energy and are giving subsidies to set up any form of renewable energy source. The depleting nonrenewable energy sources are also pushing us towards renewable energy sources. Technological advancements in the field of turbines have made it easy and assessable for the general public to endorse vertical axis wind turbines. The technology before was quite complicated which is continuously being researched to make it as simple for the normal public.

Small-scale use of vertical axis wind turbines such as farms, off-grid electricity, etc. has been growing steadily. Heavy investments made by private firms to set up vertical axis wind turbine energy Farms for small-scale commercial and industrial use is also in trend. Manufacturers are trying to lure more and more customers to them, therefore creating a competitive market that is good for any market. The current generation is more aware of the usefulness of renewable energy sources and is accepting more ways to generate such energy.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
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Application Segment Analysis Preview

The residential segment held a share of around 7.40% in 2020. This is attributable to the growing awareness of the importance of renewable energy sources. This vertical axis wind turbine is comparatively small in size compared to a horizontal axis wind turbine and is less complicated. Residents which are not close to any power grid can use wind turbines as their main source of generating electricity. Island nations that cannot produce electricity are adapting to a renewable energy source such as vertical axis wind turbines.

The commercial segment will grow at a CAGR of over 4.4% from 2021 to 2028. This is attributable to the adaptation of renewable energy sources such as vertical axis wind turbines. Small-scale regional industries are setting up wind farms for their use which is profitable in the long run and governments are providing subsidies for setting up such farms. Vertical Axis Wind Turbine does not require wind directional position, which reduces the complex instruments and overall utilization and installing charges.

Hybrid systems can draw power from the wind as well as water and are more energy efficient than traditional vertical axis turbines. This is mostly in farms and rural areas. Vertical Axis Wind Turbine is used to run pumps in a rural areas for irrigation purposes. Some coastal area uses it for Desalination of salt water for general use as there is not much fresh water available.

Regional Analysis Preview

The North American region held a share of vertical axis wind turbines at 31.73% in 2020. This is attributable to the presence of top companies such as Helix Wind, Sycamore Energy, Kliux Energies, and Astralux among others. Moreover, the increasing usage of renewable energy sources is expected to generate huge demand for the vertical axis wind turbine market in this region. Technological advances and applications are one of the many reasons for growth in this region.

The Asia Pacific region is projected to grow at a CAGR of 5.2% over the forecast period. This surge is due to the adaptation of vertical axis wind turbines in China, India, and Australia. This region has a vast area and windy terrain which helps in generating more power. Governments are promoting the use of renewable energy sources and giving subsidies to set up wind turbines.

Key Market Players & Competitive Landscape

Some of the key players in vertical axis wind turbine market are UGE, Helix Wind, Sycamore Energy, Kliux Energies, Astralux, Wind Harvest, Eastern Wind Power, Windspire Energy, Envergate Energy, V-Air Wind Technologies, SAWT, Aeolos, among others.

AeroMINE, a new type of wind turbine which is researched is said to draw wind from a larger area than its blade by itself.

The global vertical axis wind turbine market is segmented as follows:

By Type

  • Darrieus
  • Savonius
  • Giromill

By Application

  • Residential
  • Industrial
  • Commercial
    • Hybrid Systems
    • Fishery
    • Farms
    • Pumping
    • Desalination and Purification

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

 

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Commercial
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Vertical Axis Wind Turbine Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Vertical Axis Wind Turbine Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Darrieus
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Savonius
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Giromill
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Vertical Axis Wind Turbine Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Residential
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Industrial
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Commercial
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Hybrid Systems
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Vertical Axis Wind Turbine Market – Commercial Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Commercial, 2020 & 2028
    • 6.2. Fishery
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Farms
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Pumping
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Desalination and Purification
      • 6.5.1. Market Size and Forecast, By Region (USD Million)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 Vertical Axis Wind Turbine Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Commercial, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Commercial, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Commercial, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Commercial, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Commercial, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Commercial, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Application, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Commercial, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Commercial, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Commercial, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Commercial, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Commercial, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Commercial, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Application, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Commercial, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Commercial, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Application, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Commercial, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Commercial, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Commercial, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Commercial, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Commercial, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Commercial, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Commercial, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Commercial, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Commercial, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Commercial, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Commercial, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Commercial, 2016 – 2028
  • Chapter No. 8 Vertical Axis Wind Turbine Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technology Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Vertical Axis Wind Turbine Market: Company Market Share, 2019
      • 9.1.2. Global Vertical Axis Wind Turbine Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Vertical Axis Wind Turbine Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Vertical Axis Wind Turbine Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 Company Profiles
    • 10.1. UGE
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfolio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Helix Wind
    • 10.3. Sycamore Energy
    • 10.4. Kliux Energies
    • 10.5. Astralux
    • 10.6. Wind Harvest
    • 10.7. Eastern Wind Power
    • 10.8. Windspire Energy
    • 10.9. Envergate Energy
    • 10.10. V-Air Wind Technulogies
    • 10.11. SAWT
    • 10.12. Aeulos
  • Chapter No. 11 Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12 Research Methodology
    • 12.1. Research Methodology
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Commercial
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Vertical Axis Wind Turbine Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Vertical Axis Wind Turbine Market for Darrieus, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Darrieus, By Country, 2020 & 2028
FIG NO. 10. Global Vertical Axis Wind Turbine Market for Savonius, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Savonius, By Country, 2020 & 2028
FIG NO. 12. Global Vertical Axis Wind Turbine Market for Giromill, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Giromill, By Country, 2020 & 2028
FIG NO. 14. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 15. Global Vertical Axis Wind Turbine Market for Residential, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Residential, By Country, 2020 & 2028
FIG NO. 17. Global Vertical Axis Wind Turbine Market for Industrial, Revenue (USD Million) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Industrial, By Country, 2020 & 2028
FIG NO. 19. Global Vertical Axis Wind Turbine Market for Commercial, Revenue (USD Million) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Commercial, By Country, 2020 & 2028
FIG NO. 21. Global Vertical Axis Wind Turbine Market for Hybrid Systems, Revenue (USD Million) 2016 – 2028
FIG NO. 22. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Hybrid Systems, By Country, 2020 & 2028
FIG NO. 23. Market Revenue Share, By Commercial, 2020 & 2028
FIG NO. 24. Global Vertical Axis Wind Turbine Market for Fishery, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Fishery, By Country, 2020 & 2028
FIG NO. 26. Global Vertical Axis Wind Turbine Market for Farms, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Farms, By Country, 2020 & 2028
FIG NO. 28. Global Vertical Axis Wind Turbine Market for Pumping, Revenue (USD Million) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Pumping, By Country, 2020 & 2028
FIG NO. 30. Global Vertical Axis Wind Turbine Market for Desalination and Purification, Revenue (USD Million) 2016 – 2028
FIG NO. 31. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Desalination and Purification, By Country, 2020 & 2028
FIG NO. 32. Global Vertical Axis Wind Turbine Market Revenue Share, By Region, 2020 & 2028
FIG NO. 33. North America Vertical Axis Wind Turbine Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 34. Porter’s Five Forces Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 35. PEST Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 36. Pricing Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 37. Value Chain Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 38. Company Share Analysis, 2019
FIG NO. 39. Radar Determinant Chart, 2019
FIG NO. 40. Company Strategic Developments – Heat Map Analysis
FIG NO. 41. UGE Business Segment Revenue Share, 2020 (%)
FIG NO. 42. UGE Geographical Segment Revenue Share, 2020 (%)
FIG NO. 43. Market Channels
FIG NO. 44. Marketing Channel Development Trend
FIG NO. 45. Growth in World Gross Product, 2008-2018
FIG NO. 46. Research Methodology – Detailed View
FIG NO. 47. Research Methodology List of Figures 
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Commercial
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Vertical Axis Wind Turbine Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Vertical Axis Wind Turbine Market for Darrieus, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Darrieus, By Country, 2020 & 2028
FIG NO. 10. Global Vertical Axis Wind Turbine Market for Savonius, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Savonius, By Country, 2020 & 2028
FIG NO. 12. Global Vertical Axis Wind Turbine Market for Giromill, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Giromill, By Country, 2020 & 2028
FIG NO. 14. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 15. Global Vertical Axis Wind Turbine Market for Residential, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Residential, By Country, 2020 & 2028
FIG NO. 17. Global Vertical Axis Wind Turbine Market for Industrial, Revenue (USD Million) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Industrial, By Country, 2020 & 2028
FIG NO. 19. Global Vertical Axis Wind Turbine Market for Commercial, Revenue (USD Million) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Commercial, By Country, 2020 & 2028
FIG NO. 21. Global Vertical Axis Wind Turbine Market for Hybrid Systems, Revenue (USD Million) 2016 – 2028
FIG NO. 22. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Hybrid Systems, By Country, 2020 & 2028
FIG NO. 23. Market Revenue Share, By Commercial, 2020 & 2028
FIG NO. 24. Global Vertical Axis Wind Turbine Market for Fishery, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Fishery, By Country, 2020 & 2028
FIG NO. 26. Global Vertical Axis Wind Turbine Market for Farms, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Farms, By Country, 2020 & 2028
FIG NO. 28. Global Vertical Axis Wind Turbine Market for Pumping, Revenue (USD Million) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Pumping, By Country, 2020 & 2028
FIG NO. 30. Global Vertical Axis Wind Turbine Market for Desalination and Purification, Revenue (USD Million) 2016 – 2028
FIG NO. 31. Comparative Revenue Analysis of Vertical Axis Wind Turbine Market for Desalination and Purification, By Country, 2020 & 2028
FIG NO. 32. Global Vertical Axis Wind Turbine Market Revenue Share, By Region, 2020 & 2028
FIG NO. 33. North America Vertical Axis Wind Turbine Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 34. Porter’s Five Forces Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 35. PEST Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 36. Pricing Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 37. Value Chain Analysis for Global Vertical Axis Wind Turbine Market
FIG NO. 38. Company Share Analysis, 2019
FIG NO. 39. Radar Determinant Chart, 2019
FIG NO. 40. Company Strategic Developments – Heat Map Analysis
FIG NO. 41. UGE Business Segment Revenue Share, 2020 (%)
FIG NO. 42. UGE Geographical Segment Revenue Share, 2020 (%)
FIG NO. 43. Market Channels
FIG NO. 44. Marketing Channel Development Trend
FIG NO. 45. Growth in World Gross Product, 2008-2018
FIG NO. 46. Research Methodology – Detailed View
FIG NO. 47. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Vertical Axis Wind Turbine Market: Snapshot
TABLE NO. 2. Quarterly Vertical Axis Wind Turbine Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Vertical Axis Wind Turbine Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Vertical Axis Wind Turbine Market for Darrieus, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Vertical Axis Wind Turbine Market for Savonius, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Vertical Axis Wind Turbine Market for Giromill, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Vertical Axis Wind Turbine Market for Residential, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Vertical Axis Wind Turbine Market for Industrial, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Vertical Axis Wind Turbine Market for Commercial, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Vertical Axis Wind Turbine Market for Hybrid Systems, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Vertical Axis Wind Turbine Market for Fishery, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Vertical Axis Wind Turbine Market for Farms, by Region, 2016 – 2028 (USD Million)
TABLE NO. 15. Global Vertical Axis Wind Turbine Market for Pumping, by Region, 2016 – 2028 (USD Million)
TABLE NO. 16. Global Vertical Axis Wind Turbine Market for Desalination and Purification, by Region, 2016 – 2028 (USD Million)
TABLE NO. 17. Global Vertical Axis Wind Turbine Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 18. North America Vertical Axis Wind Turbine Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 19. North America Vertical Axis Wind Turbine Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 20. North America Vertical Axis Wind Turbine Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 21. North America Vertical Axis Wind Turbine Market Revenue, By Commercial, 2016 – 2028 (USD Million)
TABLE NO. 22. U.S. Vertical Axis Wind Turbine Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 23. U.S. Vertical Axis Wind Turbine Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 24. U.S. Vertical Axis Wind Turbine Market Revenue, By Commercial, 2016 – 2028 (USD Million)
TABLE NO. 25. Canada Vertical Axis Wind Turbine Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 26. Canada Vertical Axis Wind Turbine Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 27. Canada Vertical Axis Wind Turbine Market Revenue, By Commercial, 2016 – 2028 (USD Million)
TABLE NO. 28. Mexico Vertical Axis Wind Turbine Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 29. Mexico Vertical Axis Wind Turbine Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 30. Mexico Vertical Axis Wind Turbine Market Revenue, By Commercial, 2016 – 2028 (USD Million)
TABLE NO. 31. Drivers for the Vertical Axis Wind Turbine Market: Impact Analysis
TABLE NO. 32. Restraints for the Vertical Axis Wind Turbine Market: Impact Analysis
TABLE NO. 33. Major Buyers of Vertical Axis Wind Turbine
TABLE NO. 34. Distributors/Traders List of Vertical Axis Wind Turbine
TABLE NO. 35. Global Vertical Axis Wind Turbine Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 36. Global Vertical Axis Wind Turbine Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
 

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FrequentlyAsked Questions

The global vertical axis wind turbine market was valued at USD 11,713.9 Million in 2020.

The global vertical axis wind turbine market is expected to reach USD 16,115.9 Million by 2028, growing at a CAGR of 4.2% between 2021 to 2028.

Some of the key factors driving the global vertical axis wind turbine market growth are Technological advancements in the field of turbines have made it easy and assessable for general public to endorse vertical axis wind turbine.

The North American region held a largest share of vertical axis wind turbines in 2020. This is attributable to the presence of top companies such as Helix Wind, Sycamore Energy, Kliux Energies, Astralux among others. Moreover, the increasing usage of renewable energy sources is expected to generate huge demand for vertical axis wind turbine market in this region.

Some of the major companies operating in the vertical axis wind turbine market are UGE, Helix Wind, Sycamore Energy, Kliux Energies, Astralux, Wind Harvest ,Eastern Wind Power, Windspire Energy, Envergate Energy, V-Air Wind Technologies, SAWT, Aeolos and among others.

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