EMEA SMALL WIND TURBINES MARKET ANALYSIS

Emea Small Wind Turbines Market Size and Trends

EMEA small wind turbines market is estimated to be valued at USD 32.06 Bn in 2024 and is expected to reach USD 48.76 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

Discover market dynamics shaping the industry: Request sample copy

EMEA small wind turbines market is expected to witness steady growth on account of support through various government initiatives and schemes promoting the adoption of renewable energy in the region. Countries across Europe, the Middle East, and Africa are formulating net zero emission targets which is increasing the focus on developing diverse clean energy solutions including small wind power to transition away from fossil fuel-based power generation.

Discover high revenue pocket segments and roadmap to it: Request sample copy

Insights by Type: Reliability and efficiency drive HAWT adoption

In terms of type, horizontal axis wind turbines (HAWT) segment is estimated to hold the highest share of the market of 75.3% in 2024, owing to their well-established reliability and efficiency. HAWTs have been in use much longer than vertical axis wind turbine (VAWT) and their horizontal design allows them to efficiently capture wind from all directions. With two or three blades rotating around a horizontal axis parallel to the ground, HAWTs can generate electricity even during fluctuating wind conditions. Their simplicity of design also makes them less prone to maintenance issues compared to complex VAWT designs.

Insights by Capacity: Accessibility drives uptake of sub 10kW turbines

In terms of capacity, up to 10 kW segment is estimated to hold the highest share of the market of 39.5% in 2024, owing to its accessibility for small home/farm installations. Turbines in this lowest rating are designed for ease of setup and use without heavy civil works or electrical expertise. Weighing only around 150 kg, a 5-10 kW turbine can typically be installed on a standard residential pole or free-standing tower under 10m high via basic mounting hardware.

Insights by Application: Energy security and cost savings drive residential uptake

In terms of application, residential segment is estimated to hold the highest share of the market of 37.6% in 2024, due to benefits of energy security and savings. Rising electricity rates, climate concerns and incentives are driving many households to self-generate a portion of power needs through small wind installations. Even partial reliance on a turbine can significantly offset consumption from the grid over its 20+ year lifespan. Rather than depending on utility price hikes, homeowners gain autonomy over energy costs by harvesting free wind sources on their properties. It also reduces long-term carbon footprints aligning with environmental values.

Market Concentration and Competitive Landscape

Get actionable strategies to beat competition: Request sample copy

Top Strategies Followed by EMEA Small Wind Turbines Market Players

Established Players: R&D Investment

Leading companies in the EMEA small wind turbines market focus heavily on research and development to drive innovation. Industry giants like Vestas and Siemens Gamesa invest over 5% of their annual revenue into R&D. This allows them to constantly develop more advanced technologies that improve machine performance and efficiency.

Mid-Level Players: Cost-Effective Solutions

Medium-sized players in the market stay ahead by offering affordable products. Companies like WinWinD and Bergey Windpower target price-sensitive prosumers and communities with competitively priced turbines that provide excellent value.

Small-Scale Players: Niche Specialization

Numerous boutique firms have entered the industry by addressing specialized niche needs. For example, companies like Kingspan Environmental and Ampair focus solely on developing unique vertical axis designs optimized for difficult terrains or rooftop installations.

Emerging Startups in the EMEA Small Wind Turbines Market

Innovative Technologies

Several startups are bringing transformative technologies to the market. Universal Wind for instance uses smart sensors and AI to optimize turbine performance according to real-time conditions. Meanwhile, companies like Windspeaker and KAirro develop drones equipped with turbines that can harness wind energy at different altitudes for extended duration.

Sustainable Solutions

Environmentally conscious startups offer renewable alternatives. Dutch company Ventic catches the attention of investors with its bio-composite blades that degrade harmlessly at end-of-life. Belgium's Anthropic manufactures turbines using recycled plastic waste and 3D printing techniques. Their innovative processes help reduce material consumption.

Market Contribution: Niche Markets

Startups play a vital role by addressing specific customer and location types ignored by larger players. London-based Urban Green Energy has success with miniature turbines tailor-made for installation on residential rooftops and balconies in urban conglomerations.

Emea Small Wind Turbines Industry News

Key Developments:

In July 2024, Developers VSB and NextWind a pioneering company focused on developing innovative wind energy solutions have brought a proposal to repower a wind farm in the Saxony-Anhalt region by tripling its original capacity. The developers intend to replace 27 old turbines between the Vestas' V80 and V52 models and Enercon's E66 models with 16 new Vestas V172 units. In Zörbig, the previous installations had a capacity of 40.5MW; with repowering, the capacity will be increased to 115.2 MW.

In July 2024, a global leader in decentralized renewable energy systems, Ryse Energy renewable energy company specializing in innovative energy solutions, announced the acquisition of the U.S.'s leading micro wind turbine manufacturer, Primus Wind Power. This strategic acquisition positions Ryse Energy as the world's most diversified small wind turbine technology player, unlocks new North American opportunities, and accelerates U.S.-manufactured Ryse Energy wind turbines. The acquisition adds the tried and tested AIR turbines of Primus Wind Power to Ryse's diverse portfolio of high-performance small turbines.

In May 2023, WR a crucial aspect of software development, installed mini windmills near Khar and Naigaon railway stations in India. Turbine blades will rotate when train passes through them, producing electricity in the range of 1kW to 10kW. It has decided to install such windmills at more locations after its successful result. So, this green energy will be transmitted to main grid and will boost product adoption across the region.

Key Takeaways from Analyst

• EMEA small wind turbines market is expected to witness steady growth driven by the rising demand for sustainable energy sources. More countries and municipalities in the region are promoting the adoption of renewable energy which benefits the market. The off-grid and hybrid power systems segment will offer lucrative opportunities due to growing rural electrification efforts. Government incentives for small wind projects are supporting residential and commercial installations.
• However, high initial installation cost of small turbines can hinder widespread adoption, especially in price sensitive markets. Intermittency of wind remains a challenge although hybrid and energy storage systems are helping address this issue to some extent. Stringent regulations and fluctuating incentive schemes create uncertainty among investors. The market also faces stiff competition from alternate clean technologies such as solar PV.

Market Report Scope

Market Dynamics

Market Driver - Increasing emphasis on renewable energy

EMEA small wind turbines market is expected to witness steady growth over the coming years. The rising demand for sustainable energy sources will be a key driver for the market. More countries and municipalities in the region are promoting the adoption of renewable energy which benefits the market. In November 2023 According to the Climate Action Tracker, South Africa has pledged to phase out coal and increase renewable energy capacity to over 20,000 MW by 2030

Market Challenge - High initial installation cost

The high initial installation cost of small wind turbines is significantly hampering the growth of the EMEA Small Wind Turbines Market. Setting up a small wind turbine involves major capital expenditure since it requires high quality components and machinery that are costly. The turbine blades, gearboxes, generators and support towers are some of the expensive parts that contribute to the high initial investment. As per data analysis done by the European Renewable Energy Federation in 2021, installation and civil works contribute to around 30-35% of the total capital outlay required for small wind projects.

Market Opportunity- Application for Off-Grid Energy Needs in Remote Areas

One of the major opportunities for the EMEA small wind turbines market is their application for off-grid energy needs in remote areas. Several regions within Europe, Middle East and Africa lack access to centralized power grids given the difficult terrains and widespread geographical presence. For example, according to Ministry of Energy Kingdom of Morocco, over 250 small wind-solar hybrid systems have been installed since 2020 in villages located in remote inland regions of Morocco.

Market Segmentation

• By Type Insights (Revenue, USD, 2019 - 2031)
• • Horizontal Axis Wind Turbines (HAWT)
  • Vertical Axis Wind Turbines (VAWT)
• By Capacity Insights (Revenue, USD, 2019 - 2031)
• • Up to 10 kW
  • 11 to 50 kW
  • 51 to 100 kW
• By Application Insights (Revenue, USD, 2019 - 2031)
• • Residential
  • Commercial
  • Industrial
• Key Players Insights
• • Siemens Gamesa
  • GE Renewable Energy
  • Nordex SE
  • Enercon GmbH
  • Vestas Wind Systems A/S
  • Eoltec
  • Skystream
  • Small Wind Turbine Company
  • Kestrel Wind Turbines
  • Xzeres Wind Corporation
  • Windspire Energy
  • Bergey Windpower
  • Urban Green Energy
  • Aeolos Wind Energy
  • Eocycle Technologies