About Airborne Wind Energy Equipment
Wind energy is the fastest growing sector across the globe to generate the energy. Increasing energy demand across the globe due to high adoption of advanced technologies and automation has led wind technology manufacturers towards the design and manufacturing technologically Airborne Wind Energy Equipment. With the rapid growth of industrial and residential sector and increase in demand for heating and cooling from among the global population due to climate change, heavy demand for electricity has arisen from across almost every region in the world which is estimated to increase the demand for energy and contribute to the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Airborne Wind Energy Equipment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ampyx Power. (Netherlands), E-Kite Netherlands BV. (Netherlands), EnerKite GmbH. (Germany), Altaeros Energies. (United States), eWind Solutions. (United States), Kite Power Solutions, Ltd. (United Kingdom), Kite Gen Research.( Canada), Makani Power. (United States) and Pierre Benhaiem (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Airborne Wind Energy Equipment market by Type (Small Turbine and Large Turbine), Application (Onshore Wind Energy and Offshore Wind Energy) and Region.
On the basis of geography, the market of Airborne Wind Energy Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Influencing Trend:
Increased Focus on the Development of AWE system developers and Low Turbine type is Dominating the Market Segment Owing its Application in Wind Turbine
Market Growth Drivers:
Increase in Demand for Heating and Cooling from Among the Global Population and Demand for Energy and Contribute to the Growth of the Market
Challenges:
Huge Upfront Cost and Regular Maintenance of Wind Components Can Create Challenges
Restraints:
High Cost Associated with Airborne Wind Energy Components and Logistics & Transportation Issues May Hamper the Growth
Opportunities:
Increasing Government Initiatives and Funding for the Development and Installation of Airborne Wind Energy and Increased Installation of Airborne Wind Turbine in North America and Asia
Market Leaders and their expansionary development strategies
On July 9th 2021, Alfanar completes 100% acquisition of wind turbine OEM Senvion India. Through this acquisition, Senvion India will provide full EPC and O&M solutions for wind power projects to customers in India. The acquisition was made through Global Renewable Energy Development Holding Company (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar.
On 27TH Jan 2021, German energy company RWE Renewables has signed a collaboration agreement with SkySails Power to harness high-altitude winds with a kite-powered generator. The two companies plan to fly a 120m² kite to a height of approximately 400m above ground to generate electricity. The kite pulls rope from the winch during its ascent in a controlled trajectory. Electricity will be produced by the built-in generator from the rotational energy.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Airborne Wind Energy Equipment Manufacturers, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.