Vertical Axis Wind Turbine Market Size, Share, Trends, Growth Outlook

The Global Vertical Axis Wind Turbine Market Size is estimated to register 14.3% growth over the forecast period from 2023 to 2030.

 

Vertical Axis Wind Turbine Market overview

The market is driven by a growing trend toward using Vertical Axis Wind Turbines (VAWTs) for urban and distributed energy generation. Increasing awareness of the importance of renewable energy sources and the need to transition to cleaner power options is fueling interest in various wind energy solutions, including VAWTs. Supportive government policies, incentives, and subsidies for renewable energy projects are acting as key drivers for the VAWT market. VAWTs are being considered for community-based and small-scale projects, providing localized power generation solutions. Ongoing research and development efforts are focused on improving VAWT technology.

 

 

Market dynamics

Market Trend: A rising preference for Vertical Axis Wind Turbines (VAWTs) in urban and distributed energy generation is a pivotal factor driving and influencing the market dynamics.

The growing trend toward using Vertical Axis Wind Turbines (VAWTs) for urban and distributed energy generation is a significant driver that shapes and propels the market. This trend is driving market growth by addressing the increasing demand for sustainable energy solutions in urban areas. The suitability of VAWTs for distributed energy generation further enhances their market appeal. Innovation and technological advancements in the vertical axis, driven by the demand for urban-friendly wind energy solutions, contribute to the overall growth and competitiveness of the VAWT market.

 

Market Driver: Blending Vertical Axis Wind Turbines (VAWTs) with other renewable sources like solar power or energy storage systems is a key driver in the market.

The integration of Vertical Axis Wind Turbines (VAWTs) with other renewable energy sources, such as solar power or energy storage systems, represents a driving force in the market. One of the primary ways in which the integration of VAWTs with other renewable sources drives the market is by enhancing the overall reliability and consistency of power generation. The market is further driven by the potential for increased energy efficiency that comes with hybrid systems. Stakeholders in the renewable energy sector are increasingly exploring and adopting hybrid systems that leverage the strengths of VAWTs alongside other renewable sources, driving innovation and growth in the market.

 

Market Opportunity:  Supportive initiatives and incentives set by governments globally play a substantial role in driving the market for Vertical Axis Wind Turbines (VAWTs).

The market for Vertical Axis Wind Turbines (VAWTs) is significantly driven by supportive initiatives and incentives established by governments worldwide. Governments in various regions play a pivotal role in fostering the growth of the VAWT market by implementing policies and providing financial incentives that encourage the adoption of renewable energy solutions. By offering financial support, regulatory clarity, and aligning with broader environmental goals, governments play a crucial role in accelerating the adoption of VAWTs and advancing the global transition to clean and sustainable energy sources.

 

Market share analysis: Darrieus vertical axis wind turbines (VAWTs) presently command the most significant market share.

Darrieus vertical axis wind turbines (VAWTs) currently hold the largest market share among Darrieus, Savonius, and Garomill, accounting for approximately 60% of the global market. Darrieus VAWTs can start generating electricity without the need for external starting mechanisms. This self-starting capability makes Darrieus VAWTs more versatile and suitable for applications with varying wind conditions. Additionally, Darrieus VAWTs can achieve higher energy conversion efficiency, particularly in higher wind speeds, owing to their aerodynamic design that allows for a more efficient extraction of wind energy. Darrieus VAWTs generally produce lower noise levels, making them more suitable for urban and residential installations. Furthermore, Darrieus VAWTs can be manufactured in a wider range of sizes, from small residential units to large commercial-scale turbines. This adaptability allows for diverse applications and market penetration.

 

Pumping commands the leading market share, representing about 40% of the VAWT market globally.

Pumping holds the largest market share, accounting for approximately 40% of the global VAWT market across Fishery and Recreational Boats, Pumping, Desalination, and Purification, Remote Monitoring. VAWTs can operate effectively in any wind direction, eliminating the need for yawing mechanisms. This is particularly advantageous for pumping applications where the wind direction is variable. Additionally, VAWTs can start generating electricity at relatively low wind speeds, making them suitable for areas with moderate wind conditions. This is crucial for pumping applications in remote or off-grid locations. Moreover, VAWTs can be integrated into various pumping systems, including water pumping, irrigation systems, and wastewater treatment plants. This adaptability expands their applicability in various sectors.

 

Vertical Axis Wind Turbine Market Segmentation

By Type

• Darrieus
• Savonius
• Garomill

By Application

• Fishery and Recreational Boats
• Pumping
• Desalination and Purification
• Remote Monitoring

By End User

• Commercial
• Agriculture
• Residential
• Industrial
• Others

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

   Vertical Axis Wind Turbine companies

• WindHarvest (United States)
• UGE International Ltd (Canada)
• Vertical Wind (United Kingdom)
• Urban Green Energy (United States)
• Helix Wind (United States)
• Aeolos Wind Energy (China)
• U-Wind (France)
• Windspire Energy (United States)
• Envergate Energy AG (Germany)
• Helix Energy Solutions Group (United States)
• Eocycle Technologies (Canada)
• Eveready Diversified Products (United States)
• Sauer Energy (United States)
• Zephyr Corporation (Japan)
• Quiet Revolution (United Kingdom)
• Ampair (United Kingdom)

 

*List not exhaustive

 

Vertical Axis Wind Turbine Market Outlook 2023

1 Market Overview

1.1 Introduction to the Vertical Axis Wind Turbine Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Vertical Axis Wind Turbine Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Vertical Axis Wind Turbine Market Companies with Area Served

4.2.2 Products Offerings Global Vertical Axis Wind Turbine Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Vertical Axis Wind Turbine Market Trends

6.1 Global Vertical Axis Wind Turbine Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Vertical Axis Wind Turbine Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Vertical Axis Wind Turbine Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Vertical Axis Wind Turbine Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Vertical Axis Wind Turbine Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Vertical Axis Wind Turbine Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Vertical Axis Wind Turbine Development Regional Status and Outlook

8.1 Global Vertical Axis Wind Turbine Revenue (USD Million) By Regions (2018-2022)

8.2 North America Vertical Axis Wind Turbine Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Vertical Axis Wind Turbine Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

8.5 South America Vertical Axis Wind Turbine Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Vertical Axis Wind Turbine Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Vertical Axis Wind Turbine Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Vertical Axis Wind Turbine Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Vertical Axis Wind Turbine Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Vertical Axis Wind Turbine Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Vertical Axis Wind Turbine Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Vertical Axis Wind Turbine Development Regional Status and Outlook Forecast

11.1 Global Vertical Axis Wind Turbine Revenue (USD Million) By Regions (2023-2030)

11.2 North America Vertical Axis Wind Turbine Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Vertical Axis Wind Turbine Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Vertical Axis Wind Turbine Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Vertical Axis Wind Turbine Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Vertical Axis Wind Turbine Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million), by Applications (2023-2030)

11.5 South America Vertical Axis Wind Turbine Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Vertical Axis Wind Turbine Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Vertical Axis Wind Turbine Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Vertical Axis Wind Turbine Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Vertical Axis Wind Turbine Market Companies with Areas Served

Table 3 Products Offerings Global Vertical Axis Wind Turbine Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Vertical Axis Wind Turbine Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Vertical Axis Wind Turbine Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Vertical Axis Wind Turbine Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 11 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Vertical Axis Wind Turbine Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Vertical Axis Wind Turbine Market Share (%) By Regions (2018-2022)

Table 16 North America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Table 17 North America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 18 North America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Table 26 South America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 27 South America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 33 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Vertical Axis Wind Turbine Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Vertical Axis Wind Turbine Revenue (USD)By Country (2023-2030)

Table 38 North America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 39 North America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Table 47 South America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 48 South America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Type (2022)

Figure 5 Global Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Applications (2022)

Figure 7 Global Vertical Axis Wind Turbine Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Vertical Axis Wind Turbine Market Share (%) By Regions (2022)

Figure 9 North America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Type (2030)

Figure 26 Global Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Vertical Axis Wind Turbine Revenue Market Share (%) By Applications (2030)

Figure 28 Global Vertical Axis Wind Turbine Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Vertical Axis Wind Turbine Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Vertical Axis Wind Turbine Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Vertical Axis Wind Turbine Market Segmentation

By Type

• Darrieus
• Savonius
• Garomill

By Application

• Fishery and Recreational Boats
• Pumping
• Desalination and Purification
• Remote Monitoring

By End User

• Commercial
• Agriculture
• Residential
• Industrial
• Others

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)