Vertical Axis Wind Turbine Market, By Type, By Application, By Installation Type, By Component, By Geography

Description

Global Vertical Axis Wind Turbine Market is estimated to be valued at USD 5.65 Bn in 2025 and is expected to reach USD 9.87 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.3% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 5.65 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	8.30%	2032 Value Projection:	USD 9.87 Bn

The global vertical axis wind turbine market has witnessed significant growth in recent years, driven by the increasing demand for renewable energy sources and the need to reduce carbon emissions. Vertical axis wind turbines (VAWTs) are a type of wind turbine that have their main rotor shaft arranged vertically, perpendicular to the wind direction. Unlike traditional horizontal axis wind turbines (HAWTs), VAWTs can capture wind from any direction, making them suitable for urban and rural environments. The market for VAWTs is expected to continue its growth trajectory, fueled by technological advancements, government incentives, and the rising awareness of the benefits of clean energy. This blog aims to provide a comprehensive overview of the global vertical axis wind turbine market, including its current status, key drivers, challenges, and future prospects.

Market Dynamics

The global vertical axis wind turbine market is influenced by several factors that drive its growth, pose challenges, and present opportunities. One of the primary drivers is the increasing demand for renewable energy sources, as governments and organizations worldwide strive to reduce their carbon footprint and combat climate change. VAWTs offer a viable alternative to traditional fossil fuel-based power generation, and their ability to operate in various environments makes them attractive for both urban and rural applications. However, the market also faces certain restraints, such as the high initial costs associated with VAWT installation and the lack of awareness about their benefits compared to HAWTs. Despite these challenges, the market presents significant opportunities for growth, driven by technological advancements that improve the efficiency and reliability of VAWTs, as well as government incentives and supportive policies that encourage the adoption of renewable energy sources. As the world continues to shift towards a more sustainable future, the vertical axis wind turbine market is poised for substantial growth and development.

Key Features of the Study

This report provides in-depth analysis of the global vertical axis wind turbine market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global vertical axis wind turbine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Siemens Gamesa Renewable Energy, GE Renewable Energy, Nordex SE, MHI Vestas Offshore Wind, Senvion S.A., Enercon GmbH, Suzlon Energy Ltd., Aermotor Windmill Company, Vertically Integrated Wind Solutions, Urban Green Energy, Windspire Energy, Inc., Apex Wind Energy, Eocycle Technologies, Helix Wind, Inc., and Darrieus Turbines Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global vertical axis wind turbine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vertical axis wind turbine market

Market Segmentation

Type Insights (Revenue, USD Bn, 2020 - 2032)
- Darrieus Turbines
- Savonius Turbines
- Other Types
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Residential
- Commercial
- Industrial
- Utility Scale
Installation Type Insights (Revenue, USD Bn, 2020 - 2032)
- Onshore
- Offshore
Component Insights (Revenue, USD Bn, 2020 - 2032)
- Rotor
- Tower
- Nacelle
- Others
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Siemens Gamesa Renewable Energy
- GE Renewable Energy
- Nordex SE
- MHI Vestas Offshore Wind
- Senvion S.A.
- Enercon GmbH
- Suzlon Energy Ltd.
- Aermotor Windmill Company
- Vertically Integrated Wind Solutions
- Urban Green Energy
- Windspire Energy, Inc.
- Apex Wind Energy
- Eocycle Technologies
- Helix Wind, Inc.
- Darrieus Turbines Inc.

Product Code: CMI8001

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Vertical Axis Wind Turbine Market, By Type
- Global Vertical Axis Wind Turbine Market, By Application
- Global Vertical Axis Wind Turbine Market, By Installation Type
- Global Vertical Axis Wind Turbine Market, By Component
- Global Vertical Axis Wind Turbine Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Vertical Axis Wind Turbine Market, By Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Darrieus Turbines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Savonius Turbines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Other Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Vertical Axis Wind Turbine Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Utility Scale
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Vertical Axis Wind Turbine Market, By Installation Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Onshore
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Offshore
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Vertical Axis Wind Turbine Market, By Component, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Rotor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Tower
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Nacelle
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

8. Global Vertical Axis Wind Turbine Market, By Region, 2020 - 2032, Value (USD)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Installation Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Siemens Gamesa Renewable Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
GE Renewable Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Nordex SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
MHI Vestas Offshore Wind
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Senvion S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Enercon GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Suzlon Energy Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Aermotor Windmill Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Vertically Integrated Wind Solutions
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Urban Green Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Windspire Energy, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Apex Wind Energy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Eocycle Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Helix Wind, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Darrieus Turbines Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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