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Airborne Wind Energy (AWE) Systems Market To Expand With A CAGR 8.8% During The Forecast Period Of 2017-2025

The purpose of the report is to illustrate the state of the market of Airborne Wind Energy (AWE) Systems, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

Consistently growing need for clean and endless source of energy has encouraged scientist to search new avenues to generate power through non-conventional energy sources. However, the use of such non-conventional energy sources involves issues such as control and continuity of the power source. Airborne wind energy is considered as a superior alternative for power generation to overcome the aforementioned issues. Some of the leading companies across the world including Google, EON, Shell, Schlumberger, Tata, and Softbank, among others have made a combined investment of over US$ 200 Mn for the development of airborne wind energy. Consequently, the demand for airborne wind energy (AWE) systems is expected to accelerate at a brisk pace in the following years. Government organizations across different nations have been engaged in framing new regulations and norms to reduce pollution. For instance, several major European nations are involved in programs such as Roadmap2050 developed to reduce the carbon percentage. In order to achieve the target, governments across different countries are encouraging methods such as airborne wind energy to produce clean and uninterrupted energy.

Different methods such as kites, balloons, and drones are used to harvest the airborne wind energy (AWE). The aforementioned types of airborne wind energy (AWE) systems offer considerable merits over conventional wind turbines such as easy controlling of the energy harvester, almost uninterrupted supply of energy and less possibility of damage due to adverse weather conditions. Owing to the merits offered by airborne wind energy (AWE) systems, the market is expected to grow at a significant rate in the following years.

Competitive Insights:

Airborne wind energy (AWE) systems market is relatively fragmented and comprises several international manufacturers, as of 2016. Companies have been consistently involved in developing better design for the airborne wind energy (AWE) systems in order to harvest endless clean energy. With ongoing technological developments, more companies are expected to rise and drive the market at a significant rate. Major players in the market include Ampyx Power, E-Kite Netherlands BV, EnerKite GmbH, Altaeros Energies, eWind Solutions, Kite Power Solutions, Ltd., Kite Gen Research, Makani Power, SkySails GmbH & Co. KG, Windlift LLC, Twingtec AG, Omnidea, Lda, Kitenergy S.r.l., kPower LLC, and KiteMill.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Airborne Wind Energy (AWE) Systems buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Airborne Wind Energy (AWE) Systems contains:

Analysis and forecast of Airborne Wind Energy (AWE) Systems market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Airborne Wind Energy (AWE) Systems market;

Assessment and forecast of Airborne Wind Energy (AWE) Systems market development;

Financial and business profiles of the leading companies in the Airborne Wind Energy (AWE) Systems industry.

Scope

– Up to date working Airborne Wind Energy (AWE) Systems data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Airborne Wind Energy (AWE) Systems for the period 2018 to 2026

– Planned Airborne Wind Energy (AWE) Systems additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Airborne Wind Energy (AWE) Systems projects by region, key countries, and companies

– Details of major planned Airborne Wind Energy (AWE) Systems projects in the world up to 2026

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