Small Wind Power Market Size, Trends and Insights By Type (Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine), By Installation Type (On-Grid, Off-Grid), By Application (Residential, Commercial, Utility), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034
Report Snapshot
| Study Period: | 2025-2034 |
| Fastest Growing Market: | Europe |
| Largest Market: | Asia Pacific |
Major Players
- Shanghai Ghrepower Green Energy Co. Ltd
- UNITRON Energy Systems Pvt. Ltd
- Eocycle Technologies Inc.
- City Windmills
- Others
Reports Description
As per the current market research conducted by the CMI Team, the Global Small Wind Power Market 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
A small wind system is a power system that is connected to the electric grid via a power supplier or can operate independently (off grid). The small wind electric system is an excellent option for rural areas that are not yet linked to the electric grid. A wind electric system consists of a wind turbine installed on a tower to increase access to stronger winds.
Apart from the turbine and tower, small wind electric systems require balance-of-system components. The small wind electric system is one of the most affordable home-based renewable energy systems, with no emissions or pollutants.
Furthermore, according to the United States Department of Energy, modest wind electric systems can reduce electricity bills by 50%-90% while avoiding the expensive expenses associated with extending utility power lines to a remote area. Also, it aids uninterruptible power supply in surviving prolonged electricity outages. Furthermore, small wind electric systems can be utilized for a variety of different purposes, such as pumping water on farms and ranches.
- According to the International Energy Agency, it is estimated that the world is set to add more than 5 500 gigawatts (GW) of new renewable energy capacity between 2024 and 2030 – almost three times the increase seen between 2017 and 2023.
Small Wind Power Market Drivers
Rising Investment In Wind Energy
Wind power is fast becoming as an important global energy source. The global wind industry set a spectacular milestone in 2023, building 117 gigawatts (GW) of new capacity, a 50% increase over the previous year, 2022. The rising influx of funds into the renewable energy sector is an important accelerator for the growth of the small wind power industry.
India, China, and Japan are among the countries that are now increasing their renewable energy investments. Furthermore, in September 2022, the State Investment Promotion Board (SIPB) of Andhra Pradesh announced opportunities for investment in a variety of businesses to support the growth of renewable energy.
The SIPB has authorized Greenko’s USD 246 billion investment in renewable energy (RE) projects with a combined capacity of 4,230 MW. This investment is projected to increase revenue for the small wind power sector. In 2023, Chinese developers placed an order for over 100 GW, the most yearly order intake ever recorded.
They indicate that China received continuously an orders for at least 90 GW over past years. The demand for onshore wind power in China has been the key driver of this expansion.
Favourable Government Support
In China, Japan, and India energy problems present significant opportunities for small wind system suppliers. It is anticipated that government initiatives, including energy savings certificates and incentives in China and India, will incentivize businesses to use small wind turbines to produce electricity.
Germany and the United Kingdom are anticipated to control the European market during the projection period. These governments have opened up new markets by securing central funds to upgrade their wind energy producing facilities.
Prominent industrial companies are taking advantage of these opportunities by setting up regional offices and production plants in the area.As anticipated, the worldwide small wind market grew in new ways, especially in terms of installed capacity and turbine size in China and Europe, according to a TUV-Rheinland white paper.
The industry plans to add about 240MW of new capacity annually. The significance of small wind energy has been acknowledged by governments and international organizations like IRENA, which are integrating it into their renewable energy initiatives.
Small Wind Power Market Challenge
High initial investment
One of the key constraints on the small wind power market is the high initial investment prices, which affect affordability and adoption rates. Small wind turbines (1–100 kW) can cost $3,000 to $50,000 or more, depending on size and technology.
Larger systems for commercial use necessitate a higher capital commitment. Furthermore, small wind turbines require regular inspections, lubrication, and repairs, which adds to the lifetime cost of ownership. Blades and mechanical components are vulnerable to wear and tear.
Small Wind Power Market Segmentation Analysis
By Type:
The horizontal axis wind turbine segment is expected to dominate the market. Horizontal axis wind turbines (HAWTs) are gaining popularity due to their proven efficiency and reliability in harvesting wind energy for electricity generation. As the dominating technology in the wind power business, HAWTs have a rotor design that allows for maximum energy extraction, making them suited for both onshore and offshore applications.
Besides, the vertical axis wind turbine segment growing at a rapid rate. Growing interest in urban microgeneration, smart cities, and hybrid solar-wind systems. Furthermore, government incentives promote small wind installations, such as VAWTs.
By Installation Type:
The on-grid segment is expected to dominate the market. Consumers seek alternate energy sources to counteract rising electricity costs. On-grid small wind power provides long-term cost reductions. Furthermore, smart grids improve energy management, allowing small wind farms to be seamlessly incorporated into national systems.
Besides, the off-grid segment growing at a rapid rate. Growing demand for reliable energy solutions in rural and off-grid areas. Governments and non-governmental organizations are investing in renewable energy projects that operate off the grid.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 13.6 Billion |
| Projected Market Size in 2034 | USD 28.5 Billion |
| Market Size in 2024 | USD 11.5 Billion |
| CAGR Growth Rate | 9.5% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Type, Installation Type, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Small Wind Power Market Regional Analysis
Europe is projected to dominate the small wind power market. The market’s regional expansion is being pushed by supporting government regulations, rising energy costs, and increased demand for decentralized renewable energy solutions.
Countries such as the United Kingdom, Germany, France, Italy, and Spain have invested in small-scale wind energy, making the region a pioneer in the adoption of both on-grid and off-grid systems.
However, the Asia Pacific is growing at a significant pace in the global small wind power industry. The growing urbanization and industrialization are the major factor for the market expansion.
Small Wind Power Market Recent Development
The small wind power industry adopted several strategies which include product launches, acquisitions, collaboration, expansion and others. Some of the company strategies include:
- In February 2024, the US Department of Energy’s National Renewable Energy Laboratory (NREL) sought assistance from the Competitiveness Improvement Project (CIP) to facilitate the commercialization and market growth of small and medium wind turbine technology. The move is focused on commercialization plans and business models that support cost savings and revenue generation for rural small businesses and farmers in support of the U.S. Department of Agriculture and DOE’s new Rural and Agricultural Income & Savings from Renewable Energy (RAISE) Initiative.
- In July 2024, Ryse Energy, a global leader in decentralized renewable energy systems, acquired leading US micro wind turbine manufacturer Primus Wind Power. The strategic acquisition solidifies Ryse Energy’s position as the most diverse small wind turbine technology player globally, opens doors to new North American opportunities, and fast-tracks American-manufactured Ryse Energy wind turbines. Ryse Energy’s acquisition of Primus Wind Power adds the proven AIR turbines to its diverse and high-performance small turbine portfolio.
The increasing investment and rising acquisition among the key players are the strategies that have expanded the market presence of the company in the small wind power industry and gained its competitive edge.
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
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Small Wind Power Market, (2025 – 2034) (USD Billion)
- 2.2 Global Small Wind Power Market : snapshot
- Chapter 3. Global Small Wind Power Market – Industry Analysis
- 3.1 Small Wind Power Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising Investment In Wind Energy
- 3.2.2 Favourable Government Support.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porters Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Installation Type
- 3.7.3 Market attractiveness analysis By Application
- Chapter 4. Global Small Wind Power Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Small Wind Power Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Small Wind Power Market – Type Analysis
- 5.1 Global Small Wind Power Market overview: By Type
- 5.1.1 Global Small Wind Power Market share, By Type, 2024 and 2034
- 5.2 Horizontal Axis Wind Turbine
- 5.2.1 Global Small Wind Power Market by Horizontal Axis Wind Turbine, 2025 – 2034 (USD Billion)
- 5.3 Vertical Axis Wind Turbine
- 5.3.1 Global Small Wind Power Market by Vertical Axis Wind Turbine, 2025 – 2034 (USD Billion)
- 5.1 Global Small Wind Power Market overview: By Type
- Chapter 6. Global Small Wind Power Market – Installation Type Analysis
- 6.1 Global Small Wind Power Market overview: By Installation Type
- 6.1.1 Global Small Wind Power Market share, By Installation Type, 2024 and 2034
- 6.2 On-Grid
- 6.2.1 Global Small Wind Power Market by On-Grid, 2025 – 2034 (USD Billion)
- 6.3 Off-Grid
- 6.3.1 Global Small Wind Power Market by Off-Grid, 2025 – 2034 (USD Billion)
- 6.1 Global Small Wind Power Market overview: By Installation Type
- Chapter 7. Global Small Wind Power Market – Application Analysis
- 7.1 Global Small Wind Power Market overview: By Application
- 7.1.1 Global Small Wind Power Market share, By Application, 2024 and 2034
- 7.2 Residential
- 7.2.1 Global Small Wind Power Market by Residential, 2025 – 2034 (USD Billion)
- 7.3 Commercial
- 7.3.1 Global Small Wind Power Market by Commercial, 2025 – 2034 (USD Billion)
- 7.4 Utility
- 7.4.1 Global Small Wind Power Market by Utility, 2025 – 2034 (USD Billion)
- 7.1 Global Small Wind Power Market overview: By Application
- Chapter 8. Small Wind Power Market – Regional Analysis
- 8.1 Global Small Wind Power Market Regional Overview
- 8.2 Global Small Wind Power Market Share, by Region, 2024 & 2034 (USD Billion)
- 8.3. North America
- 8.3.1 North America Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.3.1.1 North America Small Wind Power Market, by Country, 2025 – 2034 (USD Billion)
- 8.3.1 North America Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.4 North America Small Wind Power Market, by Type, 2025 – 2034
- 8.4.1 North America Small Wind Power Market, by Type, 2025 – 2034 (USD Billion)
- 8.5 North America Small Wind Power Market, by Installation Type, 2025 – 2034
- 8.5.1 North America Small Wind Power Market, by Installation Type, 2025 – 2034 (USD Billion)
- 8.6 North America Small Wind Power Market, by Application, 2025 – 2034
- 8.6.1 North America Small Wind Power Market, by Application, 2025 – 2034 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.7.1.1 Europe Small Wind Power Market, by Country, 2025 – 2034 (USD Billion)
- 8.7.1 Europe Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.8 Europe Small Wind Power Market, by Type, 2025 – 2034
- 8.8.1 Europe Small Wind Power Market, by Type, 2025 – 2034 (USD Billion)
- 8.9 Europe Small Wind Power Market, by Installation Type, 2025 – 2034
- 8.9.1 Europe Small Wind Power Market, by Installation Type, 2025 – 2034 (USD Billion)
- 8.10 Europe Small Wind Power Market, by Application, 2025 – 2034
- 8.10.1 Europe Small Wind Power Market, by Application, 2025 – 2034 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.11.1.1 Asia Pacific Small Wind Power Market, by Country, 2025 – 2034 (USD Billion)
- 8.11.1 Asia Pacific Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.12 Asia Pacific Small Wind Power Market, by Type, 2025 – 2034
- 8.12.1 Asia Pacific Small Wind Power Market, by Type, 2025 – 2034 (USD Billion)
- 8.13 Asia Pacific Small Wind Power Market, by Installation Type, 2025 – 2034
- 8.13.1 Asia Pacific Small Wind Power Market, by Installation Type, 2025 – 2034 (USD Billion)
- 8.14 Asia Pacific Small Wind Power Market, by Application, 2025 – 2034
- 8.14.1 Asia Pacific Small Wind Power Market, by Application, 2025 – 2034 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.15.1.1 Latin America Small Wind Power Market, by Country, 2025 – 2034 (USD Billion)
- 8.15.1 Latin America Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.16 Latin America Small Wind Power Market, by Type, 2025 – 2034
- 8.16.1 Latin America Small Wind Power Market, by Type, 2025 – 2034 (USD Billion)
- 8.17 Latin America Small Wind Power Market, by Installation Type, 2025 – 2034
- 8.17.1 Latin America Small Wind Power Market, by Installation Type, 2025 – 2034 (USD Billion)
- 8.18 Latin America Small Wind Power Market, by Application, 2025 – 2034
- 8.18.1 Latin America Small Wind Power Market, by Application, 2025 – 2034 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Small Wind Power Market, by Country, 2025 – 2034 (USD Billion)
- 8.19.1 The Middle-East and Africa Small Wind Power Market, 2025 – 2034 (USD Billion)
- 8.20 The Middle-East and Africa Small Wind Power Market, by Type, 2025 – 2034
- 8.20.1 The Middle-East and Africa Small Wind Power Market, by Type, 2025 – 2034 (USD Billion)
- 8.21 The Middle-East and Africa Small Wind Power Market, by Installation Type, 2025 – 2034
- 8.21.1 The Middle-East and Africa Small Wind Power Market, by Installation Type, 2025 – 2034 (USD Billion)
- 8.22 The Middle-East and Africa Small Wind Power Market, by Application, 2025 – 2034
- 8.22.1 The Middle-East and Africa Small Wind Power Market, by Application, 2025 – 2034 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Shanghai Ghrepower Green Energy Co. Ltd
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 UNITRON Energy Systems Pvt. Ltd
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Eocycle Technologies Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 City Windmills
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Northern Power Systems
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Aeolos Wind Energy
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Bergey Wind Power Co
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Wind Energy Solutions
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 SD Wind Energy Limited
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Ryse Energy
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Others.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.1 Shanghai Ghrepower Green Energy Co. Ltd
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- 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
FAQs
The key factors driving the Market are Rising Investment In Wind Energy, Favourable Government Support.
The “Residential” had the largest share in the global market for Small Wind Power.
The “Horizontal Axis Wind Turbine” category dominated the market in 2024.
The key players in the market are 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.
“Europe” is expected to dominate the market over the forecast period.
The global market is projected to grow at a CAGR of 9.5% during the forecast period, 2025-2034.
The Small Wind Power Market size was valued at USD 13.6 Billion in 2025.