- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
Small wind market worth $1.89 billion by 2019
- August 26, 2015
- News Release
- Shop Management
According to a report published by MarketsandMarkets, Pune, India, the small wind power market is projected to grow at a CAGR of 19.5 percent from 2014 to 2019 to reach $1.89 billion by 2019.
"Small Wind Market by Type (Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine), by Application (On-Grid, Off-Grid), by Geography (Asia-Pacific, North America, Europe)—Global Trends and Forecast to 2019" defines and segments the global small wind power market with analysis and forecasting of the global revenues for small wind power. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges.
Small wind turbines with a capacity rating of less than or equal to 100 kW are designed to produce clean-energy, emission-free power farms for homes and small businesses. They are used in off-grid setups such as telecommunication towers and for domestic uses. Small wind power is expected to become an important source of renewable energy to reduce reliance on fossil fuels.
Growing environmental concerns, coupled with economic advantages, have led governments across the world to support the renewable energy industry, thereby expanding the small wind power market. The North American region accounted for the largest market share in the small wind power market in 2014 because of the high demand for on-grid applications of small wind, especially in developed nations such as the U.S. In the European region, the demand for small wind for off-grid applications, from most of the western European countries, is expected to grow at a high rate in coming years.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
Tips for creating sheet metal tubes with perforations
Are two heads better than one in fiber laser cutting?
Supporting the metal fabricating industry through FMA
JM Steel triples capacity for solar energy projects at Pennsylvania facility
Omco Solar opens second Alabama manufacturing facility
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI