PUNE, India, February 19, 2018 /PRNewswire/ --
ReportsnReports.com adds 2018 global vertical axis wind turbine
market research with other worldwide and regional vertical axis
wind turbine reports to Energy and Power section of its online
business intelligence library. Vertical axis wind turbines are
types of wind turbines where the main rotor shaft runs vertically.
They are not required to be pointed into the wind. These wind
turbines have the capability to catch wind from all directions.
Get complete report on Vertical Axis Wind Turbine Market spread
across 108 pages, analyzing 6 major companies and providing 84 data
exhibits now available at
http://www.reportsnreports.com/reports/1346604-global-vertical-axis-wind-turbine-market-2018-2022.html
.
The analysts forecast global vertical axis wind turbine market
to grow at a CAGR of 14.98% during the period 2018-2022. According
to the vertical axis wind turbine market report, one of the major
drivers for this market is Rising investments in renewable energy.
A positive consequence of reduced carbon emissions is the growth in
clean energy technology. The transition from fossil fuels and
conventional sources of energy to renewable sources, such as wind
and solar, is the key to achieving social, economic, and
environmental development. As per the IEA, in 2016, global
investments in renewable energy was over $300 billion.
Key players in the global vertical axis wind turbine market:
ArborWind, Envergate Energy, Oy Windside Production, Royall Power (a company of Ark Alloy), SAWT, and
V-Air Wind Technologies. The latest trend gaining momentum in the
market is adoption of hybrid street lighting system. Street
lighting is provided by local power utilities, and a considerable
amount of money is being spent to light up streets and public
places to ensure visibility during the night and keep pedestrians
safe. This leads to increased energy bills for local municipalities
that use off-grid systems. A standalone renewable system from a
single source of renewable is insufficient due to the intermittent
nature of the energy source.
Order a copy of Global Vertical Axis Wind Turbine Market
2018-2022 report at
http://www.reportsnreports.com/purchase.aspx?name=1346604 .
Further, the vertical axis wind turbine market report states
that one of the major factors hindering the growth of this market
is Competition from alternate sources of energy. Wind energy faces
competition from other sources of energy, such as fossil fuels,
solar, and hydropower. Though the installation of wind energy
systems cost lesser than solar PV systems, the competition in the
emerging markets, such as Chile
and Mexico are high. In addition,
in windy places, such as Argentina, prices of solar PV are reducing
sufficiently enough to compete with wind energy prices. This report
covers the present scenario and the growth prospects of the global
vertical axis wind turbine market for 2018-2022. To calculate the
market size, the report considers the revenue generated from the
sales of vertical axis wind turbine.
Another related report is Global Concentrated Photovoltaic
Systems Market 2018-2022, the analysts forecast global
concentrated photovoltaic systems market to grow at a CAGR of
11.63% during the period 2018-2022. Key players are Arzon Solar, BSQ Solar, Guangdong Redsolar
Photovoltaic Technology, Magpower, Saint-Augustin Canada Electric,
and San'an Optoelectronics.
According to the concentrated photovoltaic systems market
report, one driver in the market is advantages of CPV systems. CPV
systems generate approximately two to three times more energy per
module area than solar PV systems. The CPV technology is best
suited for very sunny, desert-like locations with high solar
irradiation. These are similar to solar PV as both employ solar
cells that convert sunlight into electricity. Browse complete
Concentrated Photovoltaic Systems Market report at
http://www.reportsnreports.com/reports/1346560-global-concentrated-photovoltaic-systems-market-2018-2022.html
.
Explore other new reports on Energy and Power Market at
http://www.reportsnreports.com/market-research/energy-and-power-supplies/
.
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