Global Small Wind Turbine and Rotor Blade Market 2014-2018 Analyzed and Forecasts at Sandlerresearch.org

Global Small Wind Turbine Market 2014-2018 and Global Wind Turbine Rotor Blade Market 2014-2018 are new research report added to Sandlerresearch.org store.

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Dallas, Texas (PRWEB) July 23, 2014

One of the major trends being witnessed in the Global Small Wind Turbine market is an opportunity to sell excess generated power to the main power grid and thereby offset costs. Many small commercial projects use small wind turbines for their power requirements during the lifespan of the project. During this time, the excess power that is generated can be sold to the main grid, enabling these companies to earn sizable revenue. To generate additional power, many operators are installing high wind turbines (increasing the length of the tower) to capture optimal wind energy.

Analysts forecast the Global Small Wind Turbine market will grow at a CAGR of 18.7 percent over the period 2013-2018. According to the report, several factors drive the growth of the Global Small Wind Turbine market. Advances in the technology of small wind turbines are one of the most important growth drivers. Many vendors are investing heavily in R&D to reduce the size of the wind turbine's rotor. This will not only increase the efficiency of the turbine, but also reduce the noise generated from the turbine.

Wind turbines convert wind energy into electrical or kinetic energy. Small wind turbines are used for the micro-generation of energy mainly to small-scale commercial customers and residential customers. The blades of small wind turbines are usually 2-8 m in diameter. These turbines can generate between 0.01 KW and 100 KW of power. Small wind turbines are used to meet small-scale energy demands from end-users such as residential customers, schools, small commercial and industrial facilities, telecommunications providers, farms and ranches, and small communities .

The Global Small Wind Turbine market can be categorized on the basis of type into two segments: HAWT and VAWT.

Global Small Wind Turbine Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Small Wind Turbine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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The report recognizes the following companies as the key players in the Global Small Wind Turbine Market: Bergey Windpower Co. Inc., Entegrity Wind System Inc., Northern Power System Inc., XZERES Corp. , Ampair Energy, DyoTech, Endurance Wind Power, Evance Wind Turbines, Fortis Wind Energy, Gaia-Wind, Kestrel Wind Turbines, Polaris America, Raum Energy, Urban Green Energy , Windspire Energy.

Key Market Driver

  •     Advances in Technology

Key Market Challenge

  •     High Initial Investment

Key Market Trend

  •     Opportunity to Sell Excess Power to Main Grid

Companies worldwide are keen on developing innovative products in the Wind Energy industry to optimize the level of output. Vendors in the market are investing in R&D to reduce the weight of the rotor blades. For instance, Siemens has manufactured a blade from glass fiber-reinforced epoxy resin and balsa wood using a patented integral blade process; this does not have seams, glued joints, or adhesives, which reduces the overall weight of the blade.

Analysts forecast the Global Wind Turbine Rotor Blade market will grow at a CAGR of 14.5 percent over the period 2013-2018. According to the report, several factors drive the growth of the Global Wind Turbine Rotor Blade market. Government support for wind energy projects is one of the most important growth drivers. In comparison to the early stages of development of the Wind Energy industry in 1991, the amount of support offered by governments across countries in recent years has been enormous in terms of policies, incentives, and subsidies.

The report recognizes the following companies as the key players in the Global Wind Turbine Rotor Blade Market : Enercon GmbH, Gamesa Corporación Tecnológica SA, LM Wind Power Holding A/S, Nordex SE, Vestas Wind System A/S, ACCIONA SA, Aeroblade SA, Dewind Co., EUROS Entwicklungsgesellschaft für Windkraftanlagen GmbH, FlexSys Inc., Guodian United Power Technology Co., Inox Wind Ltd., KM Co. Ltd., PowerBlades GmbH, Siemens Wind Power A/S, SINOI GmbH, Sinomatech Wind Power Blade Co. Ltd., Sulzon Energy Ltd., Tecnologia e Sistemas Avancados Ltda, TPI Composites Inc., Wuxi Turbine Blade Co. Ltd., Zhonghang Hui Teng Windpower Equipment Co. Ltd.

Key Market Driver

  •     Increased Government Support for Wind Energy Projects

Key Market Challenge

  •     High Cost of Offshore Wind Tower Installation

Key Market Trend

  •     Increasing Investment in R&D

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