The EMEA small wind turbines market has been gaining significant traction in recent years owing to increasing focus on the development of renewable energy sources for power generation. Small wind turbines, with a rotor swept area of less than 200 m2, are well-suited for residential, agricultural, and commercial applications. They offer a low-cost, distributed generation option for generating electricity from wind power on a small scale. The technology allows off-grid communities and businesses located in rural areas to meet their energy needs in a sustainable manner.

The EMEA small wind turbines market is estimated to be valued at US$ 63389.2 million in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period of 2024 to 2031.

Key Takeaways

Key players:

Key players operating in the EMEA small wind turbines market are Indivior PLC, Alkermes, Orexo AB, Titan Pharmaceuticals, Inc., Teva Pharmaceutical Industries Ltd., Mallinckrodt Pharmaceuticals, BioDelivery Sciences International Inc., Viatris Inc., Pfizer, Inc., Hikma Pharmaceuticals PLC, and Camurus.

Key players operating in the EMEA Small Wind Turbines Market Demand are focusing on new product innovations to improve performance and efficiency. For instance, in 2023, Indivior PLC launched a new small wind turbine model with advanced features like automatic speed control and connectivity options. The company aims to capture 15% of the EMEA market over the next 5 years through its expanded product portfolio.

Key opportunities:

The distributed energy generation application segment presents significant growth opportunities for players in the EMEA small wind turbines market. Adoption in off-grid communities, agriculture, telecom towers, and residential areas across regions like Africa and Eastern Europe is driving demand. Government incentives and initiatives to promote renewable energy adoption are further encouraging installations.

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