2014-01-09 17:59:04 - Small Wind Turbines up to 100kW, 2013 Update - Global Market Size, Analysis by Power Range, Regulations and Key Country Analysis to 2020 - a new market research report on companiesandmarkets.com
China, the US and UK contribute more than 80% of the global small-wind-power installed capacity. China is the leader, with a cumulative capacity of 266 Megawatts (MW) in 2012. The US and UK follow China with 216 MW and 118 MW respectively. Small-wind power has huge potential in China, due to the large rural population and the requirement for distributed power systems. The country also has more than 80 small-wind-turbine manufacturers and manufactures the largest number of small-wind turbines. China, with more than 100 MW of small-wind-turbine exports for the last three years, is the hub of the global small-wind-turbine market.
The US is one of the pioneers of the small-wind-turbine market. The US market is primarily driven by the state
and federal policies, financial incentives, and availability of capital, as a result of increasing private equity investments in the sector. The government has provided huge support to the development of wind power by extending tax credits for alternative energy use. Although the future for small wind looks promising, the market could face some challenges in the form of economic slowdown, zoning and permitting issues, low public awareness, lack of a federal net-metering program, and certification issues.
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