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Small Wind Power Market to Hit $8,874 million by 2022, growing at a CAGR of 13 2% – KSU

/Small Wind Power Market to Hit $8,874 million by 2022, growing at a CAGR of 13.2% Small Wind Power Market to Hit $8,874 million by 2022, growing at a CAGR of 13.2% tusharJuly 2, 2021 Small Wind Power Market The small wind power market was valued at $3,805 million in 2015 and is projected to reach $8,874 million by 2022, growing at a CAGR of 13.2% from 2016 to 2022. The on-grid segment held more than three-fourths of the total market in 2015. Small wind turbines comprises a wide range of wind turbines ranging from micro turbines to residential turbines and mini turbines. The wind turbines used in these end use applications have power ratings ranging from a few watts to thousand watts.

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