Global Small Wind Power Market Size Likely to Reach at a CAGR of 9.5% By 2034

As per the current market research conducted by the CMI Team, the Global Small Wind Power Market size is expected to record a CAGR of 9.5% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 13.6 Billion. By 2034, the valuation is anticipated to reach USD 28.5 Billion.

Small Wind Power Market Overview

Small Wind Power is defined as wind energy systems with relatively low power output. They are usually designed for residential, agricultural, or small commercial use. They have a capacity of around 100 kW which is used to develop electricity for local consumption, which is reducing the dependence on the main power grid.

The small wind power industry is being influenced by several variables including the growth in the renewable energy sector across the globe, rising investment in developed and developing regions, technical advancement in turbine systems, rising energy costs and many others. However, the grid integration challenge somehow hampering the industry expansion.

Small Wind Power Market Growth Factors and Dynamics

Rising environmental concerns

The wide range of environmental concerns and the overutilization of non-renewable resources have increased the need for adopting electricity generation using renewable energy as a source. Furthermore, the off-houses and remote places benefit from modern electricity at a low cost.

With this, small businesses can also be fostered across remote regions. To enhance the growth of the small wind power market, multiple regional offices and industries have been set up across different remote regions. The government initiatives like incentives also acted as a driving force for the wind power market growth.

Favorable properties of small wind power

A small wind power system is a low-cost renewable energy solution for residential usage that emits no pollutants. However, it requires special circumstances to perform properly, such as plenty of wind, enough space, and permission to build tall towers in rural regions or suburbs.

According to the US Department of Energy, small wind systems can lower electricity bills by 50% to 90% and are suitable for a variety of uses, including water pumping on farms and ranches. Wind turbines do not emit pollutants that contribute to smog, greenhouse gases, or acid rain.

Building wind turbines on existing farms can boost revenue and help rural economies. Farmers and ranchers can continue their agricultural operations while earning additional revenue by leasing property for wind power projects.

Competition from its alternatives

The greater need for solar energy is a significant element in wind energy development. Solar power is becoming increasingly popular due to its low cost and easy availability of components. This trend has the potential to impede the small wind market’s growth during the previously indicated forecast period.

Report Scope

Small Wind Power Market New Launches and Acquisitions

• In July 2023, Toshiba and General Electric (GE) announced plans to develop a local supply chain for offshore wind generating equipment. This collaboration corresponds with Japan’s heightened focus on expanding renewable energy sources and meeting its zero-carbon targets.

List of the prominent players in the Small Wind Power Market:

• Shanghai Ghrepower Green Energy Co. Ltd
• UNITRON Energy Systems Pvt. Ltd
• Eocycle Technologies Inc.
• City Windmills
• Northern Power Systems
• Aeolos Wind Energy
• Bergey Wind Power Co
• Wind Energy Solutions
• SD Wind Energy Limited
• Ryse Energy
• Others

The Small Wind Power Market is segmented as follows:

By Type

• Horizontal Axis Wind Turbine
• Vertical Axis Wind Turbine

By Installation Type

• On-Grid
• Off-Grid

By Application

• Residential
• Commercial
• Utility

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America