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The clean energy technology is gaining popularity across the globe due to the rising focus on the reduction of carbon emissions and the positive consequences of reduced carbon emissions. The growing need to achieve social, economic, and environmental development is encouraging several economies to shift from fossil fuels and conventional sources of energy to renewable sources, such as wind and solar. This in turn, encourages these economies to increase their investments in renewable energy. Technavio’s market research report identifies the rising investments in renewable energy to be one of the primary growth drivers for the global vertical axis wind turbine market till 2022. As per the IEA, the global investments in renewable energy was over USD 300 billion in 2016. Our market research analysts predict that in terms of power generation, this market will grow at a CAGR of close to 15% by 2022.
The vertical axis wind turbine market is witnessing growth in APAC due to the rising focus on vertical wind turbine design and rising number of installation of vertical axis wind turbines in the region. Additionally, the growing need for renewable energy in APAC will further boost the growth prospects for the vertical axis wind turbine market in the region during the predicted period.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: MARKET SEGMENTATION BY PRODUCT
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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