Global Small Wind Power Market is Estimated to Grow at a CAGR of 19.5%

Date: 2015-08-15

“The global small wind power market is estimated to grow at a CAGR of 19.5% from 2014 to 2019. In this report, the small wind power market has been segmented on the basis of type, application, and geography. The small wind power market has been segmented, in terms of geography, into North America, Europe, and Asia-Pacific. The market has been further segmented on the basis of types of small wind turbines such as horizontal axis wind turbine and vertical axis wind turbine. In 2014, horizontal axis wind turbine type held the largest market share of 97% within the small wind power market followed by vertical axis wind turbine type.

The report has profiled the leading players of the market, along with the developments (new product launches, mergers & acquisitions, expansions, partnerships, agreements, collaborations, and joint ventures) done by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the global small wind power market. Northern Power Systems Inc. (U.S.), Bergey Wind Power Co. (U.S.), and Xzeres Wind Corp. (U.K.) are among the key players engaged in this market.

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