Growth Projected for Small Wind Turbine Industry at a 11.2% Annual Rate Until 2034

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In 2024, the global small wind turbine market saw significant growth, with China, the regional leader, adding 60 MW of capacity, reaching a cumulative total of 704.32 MW. This expansion was not limited to China alone, as the Asia-Pacific (APAC) region, spearheaded by China, accounted for 42.4% of the global market, valued at approximately USD 1.0 billion.

Technological advancements played a crucial role in this growth. Improved blade designs and smart grid integration boosted efficiency and lowered costs, making small wind turbines an attractive option for residential power generation, agricultural operations, telecommunications infrastructure, off-grid remote locations, and hybrid energy systems.

City Windmills Holdings PLC unveiled the Helix 5kW, a compact helical turbine designed for rooftop installations. Rooftop installations reflected consumer demand for space-efficient systems in urban areas, and in 2024, they captured over 67.5% of the market. Residential applications, driven by homeowners seeking energy independence and cost savings, captured a 42.3% share.

The search results do not provide information about which company held the largest market share for small wind turbines in India in 2023, where the market significantly contributed to the installation of 2.8 GW of new wind capacity, with small wind turbines playing a key role in rural and off-grid regions.

Bergey Windpower Co. launched the Excel 15, a 15 kW turbine designed for off-grid and hybrid systems, while EOCYCLE launched the EcoWind 3kW with recyclable materials, focusing on sustainable and recyclable small wind turbines. Envergate Energy AG developed the E1 Portable Wind Turbine, a lightweight 2kW system for emergency and mobile power, and Aeolos Wind Energy Ltd introduced the Aeolos-H 10kW turbine, optimized for urban and residential use with reduced noise levels.

On-grid small wind turbines lead with a 67.3% share, enabling seamless integration with utility grids for flexible power management. In 2024, small wind turbines in the 5kW to 10kW range were gaining traction among homeowners and small businesses seeking affordable, sustainable energy solutions. The 5kW to 10kW capacity range led the market in 2024, securing over 45.3% of the share.

Looking forward, the Global Small Wind Turbine Market is projected to grow from USD 2.4 billion in 2024 to USD 4.6 billion by 2034, with a CAGR of 11.2% from 2025 to 2034. The advancements in technology and the growing demand for sustainable energy solutions are expected to drive this growth.

Growth Projected for Small Wind Turbine Industry at a 11.2% Annual Rate Until 2034