Vertical-axis wind turbines (VAWTs) are a type of wind turbine where the main rotor shaft is set vertically and the main components are located at the base of the turbine. This arrangement allows the generator and gearbox to be located close to the ground, facilitating service and repair. VAWTs do not need to be pointed into the wind, which removes the need for wind-sensing and orientation mechanisms. Vertical axis wind turbines offer several potential advantages over the standard horizontal axis wind turbines which are now in common use worldwide.
The US and Europe are the major suppliers of vertical axis wind turbine and also the major consumption markets. In the US, the large land makes it expansive to connect the remote villages into grid. And there is also massive wind power resource, which drive the development of vertical axis wind turbine industry.
China is another major consumption market. Due to the supportive policies established in recent years, the wind power industry is fast developing. In China, the added capacity of wind turbine is more than 100 megawatts in 2014, while most of them are horizontal axis wind turbines.

According to this study, over the next five years the Vertical Axis Wind Turbine market will register a 4.4% CAGR in terms of revenue, the global market size will reach USD 16300 million by 2024, from USD 12600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Axis Wind Turbine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Axis Wind Turbine market by product type, application, key manufacturers and key regions and countries.

This study considers the Vertical Axis Wind Turbine value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Darrieus
Savonius
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial and Industrial
Fishery and Recreational Boats
Hybrid Systems
Pastures, Farms and Remote Villages
Potable Systems for Leisure
Pumping
Desalination and Purification
Remote Monitoring
Research and Education

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
UGE
Helix Wind
Wind Harvest
Astralux
Kliux Energies
Sycamore Energy
Ropatec
Arborwind
Quietrevolution
Turbine
Luethi Enterprises
Aeolos
Oy Windside Production
Eastern Wind Power
Windspire Energy
SAW
Ningbo Fengshen
MUCE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Vertical Axis Wind Turbine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Axis Wind Turbine market by identifying its various subsegments.
Focuses on the key global Vertical Axis Wind Turbine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Axis Wind Turbine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Axis Wind Turbine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.