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Vertical Axis Wind Turbine Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23683 | Date : Jan, 2023 | Pages : 168 | Region : Global

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Vertical-axis wind turbines (VAWTs) are a type of wind turbine where the main rotor shaft is set vertically and the main components are located at the base of the turbine. This arrangement allows the generator and gearbox to be located close to the ground, facilitating service and repair. VAWTs do not need to be pointed into the wind, which removes the need for wind-sensing and orientation mechanisms. Vertical axis wind turbines offer several potential advantages over the standard horizontal axis wind turbines which are now in common use worldwide.
The US and Europe are the major suppliers of vertical axis wind turbine and also the major consumption markets. In the US, the large land makes it expansive to connect the remote villages into grid. And there is also massive wind power resource, which drive the development of vertical axis wind turbine industry.
China is another major consumption market. Due to the supportive policies established in recent years, the wind power industry is fast developing. In China, the added capacity of wind turbine is more than 100 megawatts in 2014, while most of them are horizontal axis wind turbines.

The Global Vertical Axis Wind Turbine Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Vertical Axis Wind Turbine Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

UGE
Helix Wind
Wind Harvest
Astralux
Kliux Energies
Sycamore Energy
Ropatec
Arborwind
Quietrevolution
Turbine
Luethi Enterprises
Aeolos
Oy Windside Production
Eastern Wind Power
Windspire Energy
SAW
Ningbo Fengshen
MUCE

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Darrieus
Savonius
In Market segmentation by applications :

Residential
Commercial and Industrial
Fishery and Recreational Boats
Hybrid Systems
Pastures, Farms and Remote Villages
Potable Systems for Leisure
Pumping
Desalination and Purification
Remote Monitoring
Research and Education

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Vertical Axis Wind Turbine Market for the forecast period 2023 - 2030?
• What are the driving forces in the Vertical Axis Wind Turbine Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Vertical Axis Wind Turbine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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