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Small Wind Power Market by Type Horizontal Axis Wind Turbine and Vertical Axis Wind Turbine, Installation Type OnGrid and OffGrid, and Application Domestic, SmallScale Industries and Commercial Global Opportunity Analysis and Industry Forecast, 2014 202

19:02 EDT 2 Jul 2017 | BioPortfolio Reports

Small wind turbines comprises a wide range of wind turbines ranging from micro turbines, to residential turbines and mini turbines. The wind turbines used in these end use applications have power ratings ranging from a few watts to thousand watts. Small wind turbines include wind turbines up to 15 meters in diameter. Such wind turbines may have power ratings ranging from 50kW to 100 kW. A small wind power system can be easily connected to the electric grid by using a power provider as well as standalone, also known as off grid. This makes small wind electric systems a feasible option, especially in rural areas, which are not connected to electric grids. Although vertical axis wind turbines have witnessed rapid growth in the global small wind power market, most of the small wind turbines are conventional horizontal axis wind turbines. The global small wind power market is projected to reach $8,874 million by 2022 from $3,805 million in 2015, growing at a CAGR of 13.2% from 2016 to 2022

Original Article: Small Wind Power Market by Type Horizontal Axis Wind Turbine and Vertical Axis Wind Turbine, Installation Type OnGrid and OffGrid, and Application Domestic, SmallScale Industries and Commercial Global Opportunity Analysis and Industry Forecast, 2014 202

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