Vertical Axis Wind Turbine Market, Global Outlook and Forecast 2023-2029

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.
This report aims to provide a comprehensive presentation of the global market for Vertical Axis Wind Turbine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Axis Wind Turbine. This report contains market size and forecasts of Vertical Axis Wind Turbine in global, including the following market information:
Global Vertical Axis Wind Turbine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vertical Axis Wind Turbine Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Vertical Axis Wind Turbine companies in 2022 (%)
The global Vertical Axis Wind Turbine market was valued at US$ 15470 million in 2022 and is projected to reach US$ 20510 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Vertical Axis Wind Turbine key players include Helix Wind, SAW, Wind Harvest, Astralux, Kliux Energies, etc. Global top five manufacturers hold a share over 25%.
Europe is the largest market, with a share about 40%, followed by Americas and Asia, both have a share over 55%. 
In terms of product, Darrieus is the largest segment, with a share over 80%. And in terms of application, the largest application is Rural, followed by Urban, Sea, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vertical Axis Wind Turbine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vertical Axis Wind Turbine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Vertical Axis Wind Turbine Market Segment Percentages, by Type, 2022 (%)
    Darrieus
    Savonius
Global Vertical Axis Wind Turbine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Vertical Axis Wind Turbine Market Segment Percentages, by Application, 2022 (%)
    Urban
    Rural
    Sea
    Others
Global Vertical Axis Wind Turbine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Vertical Axis Wind Turbine Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vertical Axis Wind Turbine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vertical Axis Wind Turbine revenues share in global market, 2022 (%)
Key companies Vertical Axis Wind Turbine sales in global market, 2018-2023 (Estimated), (MW)
Key companies Vertical Axis Wind Turbine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vertical Axis Wind Turbine, market overview.
Chapter 2: Global Vertical Axis Wind Turbine market size in revenue and volume.
Chapter 3: Detailed analysis of Vertical Axis Wind Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vertical Axis Wind Turbine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vertical Axis Wind Turbine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.