Small wind market size worth $1.79 billion by 2025, CAGR: 14.3%: Grand View Research Inc.

By Paul Dvorak The global small wind market is expected to reach $1.79 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations is further propelling the market growth.
Increasing global population coupled with rising energy deficit are some of the factors anticipated to positively influence the small wind market. In addition, the gradual reduction in per kilowatt prices along with affordable installation prices of wind turbines for electricity demand will favor the business growth.
Stringent government regulations are encouraging grid connectivity to reduce the burden on the use of non-renewable sources for

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