Market Data: Small and Medium Wind Turbines

Demand Drivers, Market Trends and Challenges, and Global Market Forecasts

The market for small and medium wind turbines (SMWTs) is turbulent due to policy drivers like feed-in tariffs (FITs) weakening in several of the largest markets around the world. With competition from solar PV prices continuing to decline, the obstacles are mounting for this industry—which was seeing strong growth just 2 years ago. Despite these challenges, there remains a non-trivial upside for distributed wind power given the large amount of wind resource potential still available. In addition, several growing and emerging markets should keep the industry going into the foreseeable future.

The market for SMWTs is continuing to mature, with wind lease programs becoming a more popular business model in the industry and the applications for small wind turbines expanding. With a number of acquisitions, mergers, and bankruptcy filings, the manufacturers and developers in the SMWT industry are continuing to evolve. The key industry players, however, are beginning to set themselves apart as market innovators that have the ability to seek out and expand to different areas around the globe as policies shift and demand changes. According to Navigant Research, the global installed capacity of SMWTs is expected to grow from 176.4 MW in 2017 to 446.0 MW in 2026.

This Navigant Research report analyzes the global market for SMWTs, defined as any wind turbine less than 1,000 kW in capacity. The study provides an analysis of the market issues, including demand drivers and challenges, associated with SMWTs. Global market forecasts for capacity and revenue, segmented by region, extend through 2026. The report also provides an overview of the technology issues related to SMWTs, as well as the competitive landscape.

Key Questions Addressed:
  • Which countries will lead in small and medium wind (SMW) development over the next 10 years?
  • What is the current status and outlook for SMW power financial incentives?
  • How much revenue will be generated from the installation of SMW turbines (SMWTs) globally?
  • What trends have shaped the SMW industry in the last 5 years?
  • Which companies are the SMW power market leaders and where are they working?
  • What key barriers and opportunities will shape the SMW power market?
Who needs this report?
  • Small and medium wind (SMW) turbine and component manufacturers
  • Renewable energy vendors and distributors
  • SMW industry service providers
  • Distributed generation solutions providers
  • Community wind power companies
  • Government agencies and regulators
  • Investor community

Table of Contents

1. Executive Summary

1.1    Overview

1.2    SMWT Forecast

2. Market and Technology Issues

2.1    Defining Small and Medium Wind Turbines

2.2    Market Trends

2.2.1   Global Market Trends

2.2.2   United States

2.2.3   United Kingdom

2.3    Technology Issues

2.4    Key Players in the SMWT Industry

2.4.1   Bergey wind power

2.4.2   Gaia-Wind

2.4.3   United Wind

2.4.4   XZERES Wind Corp.

2.5    Demand Drivers

2.5.1   FITs

2.5.2   Small and Medium Wind Lease Programs

2.6    Key Market Challenges

3. Market Forecasts

3.1    Small and Medium Wind Turbines

3.1.1   North America

3.1.2   Europe

3.1.3   Asia Pacific

3.1.4   Rest of World

3.2    Conclusions and Recommendations

4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

  • Annual Small and Medium Wind Turbine Installed Capacity by Region, World Markets: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Capacity by Region, World Markets: 2011-2016
  • Annual Small and Medium Wind Turbine Installed Capacity by Power Class, United States: 2005-2016
  • Annual Small Wind Turbine Capacity by Category, United States: 2005-2016
  • Annual Small and Medium Wind Turbine Installed Capacity by Power Class, United Kingdom: 2005-2016E
  • Small and Medium Wind Turbine Feed-In Tariff Monthly Degression by Power Class, United Kingdom: April 2010-March 2019
  • Annual Small and Medium Wind Turbine Installed Capacity by Region, World Markets: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Capacity by Country and Total Revenue, North America: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Capacity by Country and Total Revenue, Europe: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Capacity by Country and Total Revenue, Asia Pacific: 2017-2026

List of Tables

  • Distributed Generation Technology Comparison: 2016
  • Price Summary for Small Wind Feed-In Tariffs by Country, World Markets: 2014 and 2016
  • Price Summary for Small Wind Feed-In Tariffs by State, United States: 2014 and 2016
  • Annual Small and Medium Wind Turbine Installed Capacity by Region, World Markets: 2011-2016
  • Annual Small and Medium Wind Turbine Installed Capacity by Power Class, United States: 2005-2016
  • Annual Small Wind Turbine Capacity by Category, United States: 2005-2016
  • Annual Small and Medium Wind Turbine Installed Capacity by Power Class, United Kingdom: 2005-2016E
  • Annual Small Wind Turbine Sales by Power Class, United Kingdom: 2005-2016E
  • Annual Small and Medium Wind Turbine Sales Revenue by Power Class, United Kingdom: 2005-2016E
  • Small and Medium Wind Turbine Feed-In Tariff Monthly Degression by Power Class, United Kingdom: April 2010-January 2016
  • Small and Medium Wind Turbine Feed-In Tariff Monthly Degression by Power Class, United Kingdom: February 2016-March 2019
  • Small Wind Certification Council Small and Medium Wind Turbine Applicants
  • Small Wind Certification Council Certified Small and Medium Wind Turbines
  • Microgeneration Certification Scheme Certified Turbines
  • Small and Medium Wind Turbine Average Installed Price and Revenue, World Markets: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Capacity by Region, World Markets: 2017-2026
  • Annual Small and Medium Wind Turbine Installed Revenue by Region, World Markets: 2017-2026

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