Small Wind Power Market Insights, Forecast to 2025
Verfasser: riyasharma24mr on Monday, 10 June 2019A small wind turbine is a wind turbine used for microgeneration, as opposed to large commercial wind turbines, such as those found in wind farms, with greater individual power output. These turbines may be as small as a fifty-Watt generator for boat, caravan, or miniature refrigeration unit.
The market volume of Small Wind Power is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of Small Wind Power market might not keep that fast. But it is surely forecasted that the market of Small Wind Power is still promising.
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The Small Wind Power market was valued at 420 Million US$ in 2018 and is projected to reach 1140 Million US$ by 2025, at a CAGR of 13.2% during the forecast period.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Small Wind Power.

