EMEA Small Wind Turbines Market, By Type (Horizontal Axis Wind Turbines and Vertical Axis Wind Turbines), By Capacity (Up to 10 kW, 11 to 50 kW, and 51 to 100 kW), By Application (Residential, Commercial, and Industrial)

Published In : Feb 2025

Code : CMI4528

Pages :150

Formats :

Excel and PDF

Industry : Energy

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.