Published on : Sep 22, 2016
ALBANY, New York, September 22, 2016: ALBANY, New York, September 16, 2016: Rapid industrialization and the consequently rising demand for energy derived from renewable sources have proven significant in providing the required boost to the global small wind industry. ResearchMoz.us has recently added a report, titled “Global Small Wind Industry 2016, Trends and Forecast Report,” which presents insights into the key growth drivers and restraints that are likely to influence in the market in the near future.
The rising population and urbanization has translated into exponential demand for energy. This, coupled with the increasing environmental concerns, has compelled governments focus on renewable sources of energy. The global small wind industry is thus forecast to report considerable growth in the forthcoming years. The demand from the on-grid application segment is likely to rise at the fastest pace.
By type, the global small wind industry market can be segmented into vertical axis wind turbine and horizontal axis wind turbine. Based on application, the market can be bifurcated into on-grid and off-grid segments. Regionally, North America, Asia, and Europe constitute the key segments in the global small wind industry. Currently, the market has been witnessing lucrative prospects in countries such as Japan, China, Germany, and the U.S.
The report compiles information obtained from trusted industrial sources and insights from the market experts. It highlights the key factors influencing the market’s trajectory across the key regional segments. The impact of government policies on the small wind industry has been analyzed as well. For an in-depth overview, the report provides upstream raw material analysis and downstream market trend analysis.
The companies operating in the small wind industry have been adopting strategies for product and process development, which will eventually garner them better traction. The report identifies the key players operating in the market across regional segments. Besides including their company profiles, the report includes detail regarding the product portfolio and specifications of the leading companies in the market. Key strategies adopted by the companies profiled to gain competitive advantage have been reviewed as well.
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Kingspan Group Plc. (Netherlands), Bergey Wind Power Co. (U.S.), and Xzeres Wind Corp. (U.K.) are some of the prominent companies operating in the global small wind industry. To strengthen their position, a majority of companies operating in the global small wind industry have been focusing on product development. This is also considered as the key strategy to accommodate fast changing technologies and improve their market share.
Furthermore, majority of the big players in the global small wind industry have their facilities located closer to target markets. This is helping them in reduce transportation cost and adhere to the prevalent regulatory conditions. These strategies are also adopted by the key companies to retain a considerable share of the market.
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