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Horizontal Axis Wind Turbines Market by Product Type ( Small Turbines, Large turbines ) Operations ( Upwind Turbine, Downwind Turbine) by Application ( On-Grid, Off-Grid) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 121 | Report Code: PSMR- PSMR-007015 | Report Format : PDF

Horizontal Axis Wind Turbines Market Research Report

Report Coverage

Parameters Details

Base Year


Historical Data


Forecast Data


Base Year Value (2019)

USD 35619.77 million

Forecast Value (2028)

USD 56453.37095 million

CAGR (2021 to 2028)

6.8 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Global Horizontal Axis Wind Turbines Market is estimated to reach USD 52858.96 million by 2027, growing at a CAGR of 6.8 % between 2019 and 2027  

A horizontal-axis wind turbine (HAWT) is a wind turbine in which the axis of the rotor's rotation is parallel to the wind stream and the ground. Horizontal-axis wind turbines consists of an electrical generator and main rotor shaft pointed into or out of the wind the top of the tower. The purpose of horizontal-axis wind turbine is to extract energy from the wind most of the times for electricity generation. Horizontal-axis wind turbine are generally two or three bladed built with a propeller type rotor on a horizontal axis. The generator is driven when the rotor converts the linear motion of the wind into rotational energy. The wind passes through the airfoil shaped blades. It passes a great speed over the longer side of the blade which creates a lower pressure area above the airfoil resulting in the rotation of the blades. The rotation of the blades thus generates energy.  

The Global Horizontal Axis Wind Turbines Market is expected to make a significant growth in the forecasted period. The growing adaptation of the concept of generating renewable energy with the use of the equipment such as turbines and solar panels is going to increase the demand of Horizontal Axis Wind Turbines. Renewable energy is collected from natural resources such as water wind and sunlight. Horizontal Axis Wind Turbines are used to generate the renewable energy through wind. The major focus of the key players globally is to install the equipment used to collect renewable energy which is resulting in the growth of the Horizontal Axis Wind Turbines market. The Technological advancement in Horizontal Axis Wind Turbines has made its installation cost effective and less time consuming which has influenced the people to install it in their farms or fields resulting in increase in the demand of Horizontal Axis Wind Turbines  

The study covers detail analysis, growth and forecast of the Horizontal Axis Wind Turbines Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2014 to 2017 and market forecast for 2019 to 2027 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2014-27 and compound annual growth rate (CAGR) in % for from 2019-2027. The market is expected to show constant growth between 2019-2027.  

The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints for Horizontal Axis Wind Turbines Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study Horizontal Axis Wind Turbines Market helps user to make precise decision in order to expand their market presence and increase market share.  

The report provides Horizontal Axis Wind Turbines Market Dynamics ,includes industry growth drivers, challenges, opportunities , risk, constraints as well as threats .Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Horizontal Axis Wind Turbines Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  

 Global Horizontal Axis Wind Turbines Market

Global Horizontal Axis Wind Turbines Market: Product Type

  • On the basis of size
  • Small Turbines
  • Large turbines
  • On the basis of operations
  • upwind wind turbine
  • downwind wind turbine

Global Horizontal Axis Wind Turbines Market: Application

  • On-Grid
  • Off-Grid

Global Horizontal Axis Wind Turbines Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Horizontal Axis Wind Turbines Market:

  • Northern Power Systems
  • Wind Energy Solutions
  • Kingspan Group PLC
  • Ghrepower Green Energy
  • Endurance Wind Power
  • Fortis Wind Energy
  • WinPower Energy
  • Nanjing Oulu
  • Bergey Windpower
  • Polaris America
  • Britwind
  • HY Energy

Geographical analysis of Global Horizontal Axis Wind Turbines Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Horizontal Axis Wind Turbines Market Report delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Frequently Asked Questions (FAQ)

Horizontal Axis Wind Turbines Market was valued at around USD 35619.77 million in 2020 & estimated to reach USD 56453.37095 by 2028.

Horizontal Axis Wind Turbines Market is likely to grow at compounded annual growth rate (CAGR) of 6.8% between 2021 to 2028.

segment dominated the global market in terms of revenue generation. region is likely to show the highest growth rate between 2021 to 2028.

Yes, the report includes COVID 19 impact on the market.