Small Wind systems are most often used in concert with another energy source, such as solar photovoltaics, diesel generation, or battery backup power.
With the exception of the U.S. and U.K., small wind energy has not benefited from strong government subsidies or other support, and even the programs in those countries have been lacking in comparison to what has been extended to PV or large wind installations. However, a surge in demand for small wind in the U.S. is likely as a result of the recently enacted 30% uncapped dollar for dollar tax credit.
The estimated size of the small wind market in 2008 was 38 MW of generation capacity, and Pike Research forecasts that the sector will grow to 115 MW by 2013, representing a compound annual growth rate (CAGR) of 25%. This translates into a market with revenues of $165 million in 2008 that will grow to nearly $412 million by 2013, representing a CAGR of 20%.
Table of Contents
1. Executive Summary
2. Market Issues
3. Technology Issues
4. Demand Drivers
5. Market Forecasts
6. Industry Players / Competitive Landscape
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Key Market Forecasts
Annual Growth of Small Wind Capacity, World Markets: 2008-2013
Small Wind Global Annual Installed Capacity, World Markets: 2007-2013
Small Wind System Installed Price, World Markets: 2007-2013
Small Wind Installed System Revenue, World Markets: 2007-2013
Annual Growth of RDEG Technologies, World Markets: 2008-2013
RDEG Technologies Global Capacity, World Markets: 2007-2013
RDEG Technologies Installed Price, World Markets: 2007-2013
RDEG Technologies System Revenue, World Markets: 2007-2013
Installed Small Wind System Price Projection, World Markets: 2007-2013
Annual RDEG Technologies Revenue, World Markets: 2007-2013
Annual RDEG Technologies Capacity Additions, World Markets: 2007-2013