Bladeless Wind Energy Market Scope
Bladeless Wind energy is the fastest-growing sector across the globe to generate energy. Increasing energy demand across the globe due to the high adoption of advanced technologies and automation has led wind technology manufacturers towards the design and manufacturing of technologically advanced wind energy generation components. The next-generation wind technology is capable to generate energy at relatively low wind speeds. Bladeless Wind Energy is a vortex induced vibration resonant wind generator. It harnesses wind energy from a phenomenon of vorticity called Vortex Shedding. Basically, bladeless technology consists of a cylinder fixed vertically with an elastic rod. The cylinder oscillates on a wind range, which then generates electricity through an alternator system. In other words, it is a wind turbine which is not actually a turbine.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Vestas (Denmark), General Electric (United States), Siemens (Germany), Gamesa (Germany), Enercon (Germany), Senvion (Germany), Nordex (Germany), Goldwind (China), Suzlon (India) and Envision (China) |
CAGR | % |
The market analysis includes a section devoted solely to major players in the Bladeless Wind Turbine market. Our analysts provide insight, critical developments, SWOT analysis, and product benchmarking for every major player's financial statement. The company profile section also includes financial information and a business overview. The companies' services are adaptable to the client's requirements. Research Analyst at AMA estimates that German Manufacturers will contribute to the maximum growth of Global Bladeless Wind Energy market throughout the predicted period.
Vestas (Denmark), General Electric (United States), Siemens (Germany), Gamesa (Germany), Enercon (Germany), Senvion (Germany), Nordex (Germany), Goldwind (China), Suzlon (India) and Envision (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Exelon Corporation (United States), NextEra Energy, Inc. (United States), American Electric Power Company, Inc. (United States) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Bladeless Wind Energy market by Type , by Application (Onshore Wind Energy and Offshore Wind Energy) and Region with country level break-up.
On the basis of geography, the market of Bladeless Wind Energy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
In May 2021, David Yanez, co-founder of the start-up Vortex Bladeless, invented the bladeless wind turbine, a slender vertical and simple piece of machinery that oscillates to collect wind kinetic energy rather than rotating or spinning.
Influencing Trend:
Increasing Innovation in the Rotor Bladeless and Development of Larger & Taller Towers and Increased Focus on the Development of High-Efficiency Generators
Market Growth Drivers:
Growing Demand for Next-Generation Innovative Wind Power Generation Components to Improve Bladeless Wind Energy Performance and Reliability, Increasing Preference for the Offshore Wind Energy to Produce the Huge Amount of Energy and Significant Growth of Renewable Energy Sector and Expansion of Wind Energy Due to Sharply Falling Costs
Challenges:
High Initial Cost and Ongoing Maintenance soft Wind Turbine Components Can Pose Difficulties
Restraints:
High Cost Associated with Next-Generation Bladeless Wind Energy Components and Logistics & Transportation Issues May Hamper the Growth
Opportunities:
Increased Offshore Bladeless Wind Energy Plant Construction in North America and Europe's Coastal Regions and Increasing Government Initiatives and Funding for the Development and Installation of Next-Generation Wind Technology
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Bladeless Wind Energy Manufacturers, Venture Capitalists and Private Equity Firms, Bladeless Wind Energy Suppliers & Distributors, Government Bodies, Research Organizations, End-Users and Others