Flapping Wind Turbine Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global Flapping Wind Turbine Market: Snapshot
Wind power is increasingly becoming popular, but is yet to become mainstream due to its high cost factor. The non-uniformity in wind speed requires a wind turbine that can withstand the worst gusts which makes it much heavier than what is needed for 99% of the use. While most turbines can change the angle of the blades in very strong winds to avoid damage, the capability of the turbine can be insufficient to save damage from a quick gust. A trailing edge flap if added to the wind turbine blade greatly helps alter the amount of lift that is being produced and thus the forces on the structure.
The flapping wind turbine market holds growth potential owing to the advantages that flapping wind turbines offer. The light weight of the flap not only enables quick activation that needed for whole blade, but can also adapt to individual gusts without using huge amount of energy. Thus wind turbines can be built lighter and at much less cost. A flapping wind turbine also solves problems of noise pollution and risk to birds that are associated with conventional wind turbines.
The design of flapping wind turbine generates less power than what is generated by a wind turbine of same size, but it provides other advantages that make them viable for economic reasons. Flapping wind turbines have less chances of being damaged in high wind scenarios. They can be installed in dense urban areas or can be installed tightly in a large wind farm for maximizing output.
Global Flapping Wind Turbine Market: Overview
With depleting natural energy resources, it has become imperative to invest and develop other sources and technologies to meet the increasing need raised by rapidly increasing population across the world. The concept of wind turbine has been quite useful in the past decade but besides the requirement for vast landscapes wherein wind blows consistently at its full mighty, noise produced by the turbines has restricted its widespread installations. This issue is swiftly solved by the concept of flapping wind turbines, of which the latest form of biomimicry has been developed by a company called Tyer Wind. Flapping wind turbines use only two spinning blades instead of three, coping the graceful motion of the hummingbird, who are rated among the nature’s most skilled flyers. This concept also solves the issues pertaining to space required for a traditional wind turbine. Owing to these glaring benefits of flapping wind turbine, the global market for the same is projected to expand at a robust growth rate during the forecast period of 2016 to 2024, though it currently is in development stage.
This report on the global flapping wind turbine market studies the concept and aggregates the latest developments, including the investments made by prominent companies. The report also delves into the factors that are expected to influence the growth of this nascent market and estimates their eventual impact. This report aims to provide the essential information that the buyers need to base their business decisions on.
Global Flapping Wind Turbine Market: Trends and Opportunities
Consistently increasing need for energy is the primary driver of this market. Moreover, with apparent issues pertaining to pollution, added emphasis has been given to the cleaner energy. Wind turbine produced power ideally serves this need too, and hence is expected to gain subsidies from the governments in developed and developing countries. Another advantage of flapping wind turbine over traditional wind turbine, besides being quieter, is that they are less prone to damages and pose considerably less threats to birds. This factors is also expected to lure the investors to develop the technology of flapping wind turbines and thereby increment the demand. Conversely, as this concept is still in development stage and the creators are currently testing the prototypes in real world conditions, high price of flapping wind turbine is expected to marginally hinder the growth rate over the course of the forecast period.
Global Flapping Wind Turbine Market: Regional Outlook
The company, Tyer Wind, hails from North African country of Tunisia, with Hassine Labaied as the partner and co-founder. However, the cost factors are expected to pass-on and further develop the concept in financially and technologically equipped countries such as the U.S., France, Germany, the U.K., and Russia.
Companies mentioned in the research report
Tyer Wind has been able to develop this concept in association with Saphon Energy. Currently, only these two companies are functional in global flapping wind turbine market, although several other prominent technology and energy vendors are expected to catch this developing trend of flapping wind turbines and meet the ever escalating energy demands.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report