What are the latest figures on the distributed wind market’s size and projected CAGR?
The distributed wind market size has grown strongly in recent years. It will grow from $4.93 $ billion in 2024 to $5.24 $ billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rise in community and small-scale projects, rise in grid reliability and resilience, rise in public awareness and acceptance, rise in rural electrification, and increase in environmental concerns.
The distributed wind market size is expected to see strong growth in the next few years. It will grow to $6.59 $ billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rising decentralization of energy systems, increasing corporate sustainability goals, increasing research and development, rising energy storage solutions, and rising government policies and incentives. Major trends in the forecast period include technological advancements, advancements in capacity, adoption of hybrid energy systems, and advancements in vertical axis wind turbines.
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Which Market drivers have played a significant role in driving the distributed wind market?
The increasing demand for renewable energy generation is expected to propel the growth of the distributed wind market going forward. Renewable energy generation refers to the process of producing electricity by using sources such as solar panels or wind turbines to improve reliability, reduce transmission losses, and increase energy independence. Renewable energy generation is primarily necessary due to environmental concerns, energy security, and economic benefits, enabling more sustainable and resilient energy systems. Renewable energy generation supports distributed wind by allowing the use of small-scale wind turbines closer to where the energy is consumed, reducing transmission losses, enhancing grid stability, and promoting energy independence and sustainability. For instance, in August 2023, according to the Energy Efficiency and Renewable Energy (EERE), a US-based government administration, the wind power sector added 29.5 megawatts (MW) of new capacity in 2022, installing 1,745 turbines. Additionally, by 2050, the sector is expected to grow substantially, with a projected increase of 112,286 MW in offshore wind capacity. Therefore, the increasing demand for renewable energy generation drives the distributed wind market.
What are the key segments within the distributed wind market?
The distributed windmarket covered in this report is segmented –
1) By Turbine Type: Small (Under 100 kW), Mid-Size (100 kW – 500 MW), Large-Scale (Over 500 kW)
2) By Installation Type: On-Grid, Off-Grid
3) By Application: Residential, Agricultural, Industrial, Government, Institutional, Commercial
Subsegments:
1) By Small (Under 100 kW): Horizontal-Axis Wind Turbines (HAWT), Vertical-Axis Wind Turbines (VAWT), Micro Wind Turbines, Off-Grid Small Wind Turbines, Hybrid Wind-Solar Systems, Portable Wind Turbines
2) By Mid-Size (100 kW – 500 kW): Horizontal-Axis Wind Turbines (HAWT), Vertical-Axis Wind Turbines (VAWT), Grid-Connected Mid-Size Wind Turbines, Community Wind Systems, Distributed Generation Systems For Farms Or Factories
3) By Large-Scale (Over 500 kW): Horizontal-Axis Wind Turbines (HAWT), Grid-Connected Large-Scale Wind Turbines, Offshore Wind Turbines For Distributed Systems, Utility-Scale Distributed Wind Projects, Industrial And Commercial Large-Scale Wind Turbines, Repowering Of Existing Wind Projects.
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Which key players are shaping the distributed wind market?
Major companies operating in the distributed wind market are Siemens AG, General Electric Company, Acciona S.A., Vestas Wind Systems A/S, Goldwind Science & Technology Co. Ltd., Nordex SE, Enercon GmbH, Suzlon Energy Ltd., Boralex Inc., AeroVironment Inc., Envision Group, Sinovel Wind Group Co. Ltd., Emergya Wind Technologies B.V., Ming Yang Wind Power Group Limited, MTU Onsite Energy Corp., Clipper Windpower Plc, Guodian United Power Technology Co. Ltd, Northern Power Systems, Pika Energy Inc., Kestrel Renewable Energy, Bergey Windpower Co., Helix Wind Corp., Vortex Bladeless Ltd., Windstream Energy Technologies India Pvt. Ltd, Senvion S.A.
Which transformative trends will shape the distributed wind market landscape?
Major companies operating in the distributed wind market are developing strategic partnerships to enhance their technological capabilities, expand market reach, and accelerate the adoption of distributed wind energy solutions. Strategic partnerships in the distributed wind market help by combining resources and expertise, enabling the development of more efficient technologies and expanding access to new markets, ultimately driving broader adoption of distributed wind energy. For instance, in March 2024, National Renewable Energy Laboratory (NREL), a US-based research institute, in collaboration with the Pacific Northwest National Laboratory (PNNL), a US-based laboratory, launched National Distributed Wind Network. This network aims to enhance the deployment of distributed wind energy across the United States by providing essential resources and support to various stakeholders, including farmers, municipalities, and businesses. The initiative will provide technical assistance to communities and organizations looking to implement distributed wind projects, helping to navigate regulatory and financial challenges.
How do regional factors impact the distributed wind market, and which region is the largest contributor?
North America was the largest region in the distributed wind market in 2024. The regions covered in the distributed wind market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Distributed Wind Market Report 2025 Offer?
The distributed wind market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Distributed wind refers to the generation of electricity from wind turbines that are located near the point of use, typically providing power directly to homes, businesses, farms, or small communities rather than to a large, centralized grid. The primary purpose of distributed wind is to generate renewable energy on-site or nearby to reduce dependence on grid-supplied electricity, lower energy costs, and decrease carbon emissions.
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