Product Code: ENE0621
The global Airborne Wind Energy market is projected to grow at a CAGR of 9.7% by 2034
The Airborne Wind Energy Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Government Policies and Regulatory Support
Government policies and regulatory support are critical drivers for the global airborne wind energy (AWE) market. Many governments worldwide are enacting policies to promote renewable energy sources, including wind energy. These policies often come in the form of subsidies, tax incentives, and grants that reduce the financial burden on companies investing in AWE technologies.
For instance, the European Union has been a strong proponent of renewable energy, setting ambitious targets for reducing carbon emissions and increasing the share of renewable energy in the overall energy mix. The EU's Horizon 2020 program has funded several AWE projects, providing significant financial support for research and development. Similarly, in the United States, the Department of Energy offers various grants and incentives for innovative renewable energy technologies, including AWE. This regulatory support not only makes it financially viable for companies to develop and deploy AWE systems but also signals to investors that there is a stable and supportive policy environment for long-term investments.
High Cost of Building and Installing Turbines Hinder the Market Growth
The high cost associated with building and installing wind turbines poses a significant restraining factor for the wind energy market. Wind turbines, particularly large-scale commercial ones, entail substantial upfront investment, with costs ranging from millions to tens of millions of dollars per turbine. For instance, the manufacturing and installation of a powerful 12 MW offshore wind turbine can amount to as much as $400 million. This cost escalates with the size of the turbine, further exacerbating financial barriers to entry for wind energy projects. Despite advancements in technology and economies of scale, the average cost per megawatt (MW) of electricity-producing capacity remains significant, typically ranging between $2.6 to $4 million.
What Questions Should You Ask before Buying a Market Research Report?
How is the airborne wind energy market evolving?
What is driving and restraining the airborne wind energy market?
How will each airborne wind energy submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
How will the market shares for each airborne wind energy submarket develop from 2024 to 2034?
What will be the main driver for the overall market from 2024 to 2034?
Will leading airborne wind energy markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
Who are the leading players and what are their prospects over the forecast period?
What are the airborne wind energy projects for these leading companies?
How will the industry evolve during the period between 2024 and 2034? What are the implications of airborne wind energy projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the airborne wind energy market?
Where is the airborne wind energy market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the airborne wind energy market today, and over the next 10 years:
Our 369-page report provides 127 tables and 168 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them - NOW.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the airborne wind energy market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2034 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising airborne wind energy prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report
Market Segment by Application
Onshore
Offshore
Market Segment by Power Generation Capacity
Small-scale Systems (Below 100 kW)
Medium-scale Systems (100 kW-1 MW)
Large-scale Systems (Above 1 MW)
Market Segment by Component
Airborne Wind Turbines
Ground Station
Tether
Other Components
Market Segment by Technology Type
Kite-based Systems
Balloon-based Systems
Glider-based Systems
Aircraft-based Systems
Other Technology Type
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
U.S.
Canada
Europe
Germany
Netherlands
United Kingdom
France
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Airborne Wind Energy Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies profiled in the report
Alphabet Inc.
Ampyx Power
Aviantis Energy Group
Ecoloop
Enercon GmbH
EnerKite GmbH
Envision Group
General Electric Company
Goldwind Science & Technology Co., Ltd.
KiteGen Venture
Kitemill AS
Kitenerg
Kitepower
KiteX
Nordex SE
NTS Energie- und Transportsysteme GmbH
Siemens Energy AG
SkySails Power GmbH
Suzlon Energy
TwingTec AG
Vestas Wind Systems A/S
Windswept and Interesting Ltd.
Overall world revenue for Airborne Wind Energy Market, 2024 to 2034 in terms of value the market will surpass US$174.8 million in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Airborne Wind Energy Market, 2024 to 2034 report help you?
In summary, our 360+ page report provides you with the following knowledge:
Revenue forecasts to 2034 for Airborne Wind Energy Market, 2024 to 2034 Market, with forecasts for application, power generation capacity, component, and technology type, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2034 for four regional and 20 key national markets - See forecasts for the Airborne Wind Energy Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, Netherlands, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market - including company profiles for 22 of the major companies involved in the Airborne Wind Energy Market, 2024 to 2034.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Airborne Wind Energy Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Airborne Wind Energy Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who Is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 Companies Focused to Enhance Airborne Wind Energy
- 3.2.1.2 Renewable Energy Reduced Lifecycle Emissions
- 3.2.1.3 Technological Advancement Driving the Market Growth
- 3.2.2 Market Restraining Factors
- 3.2.2.1 High Cost of Building and Installing Turbines Hinder the Market Growth
- 3.2.2.2 Regulatory and Siting Concerns of Airborne Wind Energy Hinder the Market Growth
- 3.2.2.3 Safety and Reliability of Airborne Wind Energy Hinder the Market Growth
- 3.2.3 Market Opportunities
- 3.2.3.1 Investment from Government and Market Player Opportunities for the Market
- 3.2.3.2 Collaboration and Partnership Between Market Players
- 3.2.3.3 Geographical Expansion of Market Opportunities for the Market
- 3.3 Porter's Five Forces Analysis
- 3.3.1 Bargaining Power of Suppliers (Medium)
- 3.3.2 Bargaining Power of Buyers (High)
- 3.3.3 Competitive Rivalry (Medium to High)
- 3.3.4 Threat from Substitutes (Low)
- 3.3.5 Threat of New Entrants (Low)
- 3.4 COVID-19 Impact Analysis
- 3.4.1 "V-Shaped Recovery"
- 3.4.2 "U-Shaped Recovery"
- 3.4.3 "W-Shaped Recovery"
- 3.4.4 "L-Shaped Recovery"
- 3.5 PEST Analysis
4 Airborne Wind Energy Market Analysis by Application
- 4.1 Key Findings
- 4.2 Application Segment: Market Attractiveness Index
- 4.3 Airborne Wind Energy Market Size Estimation and Forecast by Application
- 4.4 Onshore
- 4.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Offshore
- 4.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
5 Airborne Wind Energy Market Analysis by Power Generation Capacity
- 5.1 Key Findings
- 5.2 Power Generation Capacity Segment: Market Attractiveness Index
- 5.3 Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 5.4 Small-scale Systems (Below 100 kW)
- 5.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Medium-scale Systems (100 kW - 1 MW)
- 5.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Large-scale Systems (Above 1 MW)
- 5.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
6 Airborne Wind Energy Market Analysis by Component
- 6.1 Key Findings
- 6.2 Component Segment: Market Attractiveness Index
- 6.3 Airborne Wind Energy Market Size Estimation and Forecast by Component
- 6.4 Airborne Wind Turbines
- 6.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.5 Ground Station
- 6.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.6 Tether
- 6.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.7 Other Components
- 6.7.1 Market Size by Region, 2024-2034 (US$ Million)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
7 Airborne Wind Energy Market Analysis by Technology Type
- 7.1 Key Findings
- 7.2 Technology Type Segment: Market Attractiveness Index
- 7.3 Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 7.4 Kite-based Systems
- 7.4.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Balloon-based Systems
- 7.5.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
- 7.6 Glider-based Systems
- 7.6.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.6.2 Market Share by Region, 2024 & 2034 (%)
- 7.7 Aircraft-based Systems
- 7.7.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.7.2 Market Share by Region, 2024 & 2034 (%)
- 7.8 Other Technology Type
- 7.8.1 Market Size by Region, 2024-2034 (US$ Million)
- 7.8.2 Market Share by Region, 2024 & 2034 (%)
8 Airborne Wind Energy Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
9 North America Airborne Wind Energy Market Analysis
- 9.1 Key Findings
- 9.2 North America Airborne Wind Energy Market Attractiveness Index
- 9.3 North America Airborne Wind Energy Market by Country, 2024, 2029 & 2034 (US$ Million)
- 9.4 North America Airborne Wind Energy Market Size Estimation and Forecast
- 9.5 North America Airborne Wind Energy Market Size Estimation and Forecast by Country
- 9.6 North America Airborne Wind Energy Market Size Estimation and Forecast by Application
- 9.7 North America Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 9.8 North America Airborne Wind Energy Market Size Estimation and Forecast by Component
- 9.9 North America Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 9.10 U.S. Airborne Wind Energy Market Analysis
- 9.11 Canada Airborne Wind Energy Market Analysis
10 Europe Airborne Wind Energy Market Analysis
- 10.1 Key Findings
- 10.2 Europe Airborne Wind Energy Market Attractiveness Index
- 10.3 Europe Airborne Wind Energy Market by Country, 2024, 2029 & 2034 (US$ Million)
- 10.4 Europe Airborne Wind Energy Market Size Estimation and Forecast
- 10.5 Europe Airborne Wind Energy Market Size Estimation and Forecast by Country
- 10.6 Europe Airborne Wind Energy Market Size Estimation and Forecast by Application
- 10.7 Europe Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 10.8 Europe Airborne Wind Energy Market Size Estimation and Forecast by Component
- 10.9 Europe Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 10.10 Germany Airborne Wind Energy Market Analysis
- 10.11 UK Airborne Wind Energy Market Analysis
- 10.12 France Airborne Wind Energy Market Analysis
- 10.13 Italy Airborne Wind Energy Market Analysis
- 10.14 Netherlands Airborne Wind Energy Market Analysis
- 10.15 Rest of Europe Airborne Wind Energy Market Analysis
11 Asia-Pacific Airborne Wind Energy Market Analysis
- 11.1 Key Findings
- 11.2 Asia-Pacific Airborne Wind Energy Market Attractiveness Index
- 11.3 Asia-Pacific Airborne Wind Energy Market by Country, 2024, 2029 & 2034 (US$ Million)
- 11.4 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast
- 11.5 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast by Country
- 11.6 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast by Application
- 11.7 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 11.8 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast by Component
- 11.9 Asia-Pacific Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 11.10 China Airborne Wind Energy Market Analysis
- 11.11 India Airborne Wind Energy Market Analysis
- 11.12 Japan Airborne Wind Energy Market Analysis
- 11.13 South Korea Airborne Wind Energy Market Analysis
- 11.14 Australia Airborne Wind Energy Market Analysis
- 11.15 Rest of Asia-Pacific Airborne Wind Energy Market Analysis
12 Middle East and Africa Airborne Wind Energy Market Analysis
- 12.1 Key Findings
- 12.2 Middle East and Africa Airborne Wind Energy Market Attractiveness Index
- 12.3 Middle East and Africa Airborne Wind Energy Market by Country, 2024, 2029 & 2034 (US$ Million)
- 12.4 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast
- 12.5 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast by Country
- 12.6 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast by Application
- 12.7 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 12.8 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast by Component
- 12.9 Middle East and Africa Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 12.10 GCC Airborne Wind Energy Market Analysis
- 12.11 South Africa Airborne Wind Energy Market Analysis
- 12.12 Rest of Middle East & Africa Airborne Wind Energy Market Analysis
13 Latin America Airborne Wind Energy Market Analysis
- 13.1 Key Findings
- 13.2 Latin America Airborne Wind Energy Market Attractiveness Index
- 13.3 Latin America Airborne Wind Energy Market by Country, 2024, 2029 & 2034 (US$ Million)
- 13.4 Latin America Airborne Wind Energy Market Size Estimation and Forecast
- 13.5 Latin America Airborne Wind Energy Market Size Estimation and Forecast by Country
- 13.6 Latin America Airborne Wind Energy Market Size Estimation and Forecast by Application
- 13.7 Latin America Airborne Wind Energy Market Size Estimation and Forecast by Power Generation Capacity
- 13.8 Latin America Airborne Wind Energy Market Size Estimation and Forecast by Component
- 13.9 Latin America Airborne Wind Energy Market Size Estimation and Forecast by Technology Type
- 13.10 Brazil Airborne Wind Energy Market Analysis
- 13.11 Mexico Airborne Wind Energy Market Analysis
- 13.12 Rest of Latin America Airborne Wind Energy Market Analysis
14 Company Profiles
- 14.1 Competitive Landscape, 2023
- 14.2 Strategic Outlook
- 14.3 Vestas Wind Systems A/S
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Financial Analysis
- 14.3.3.1 Net Revenue, 2019-2023
- 14.3.3.2 R&D, 2019-2023
- 14.3.3.3 Regional Revenue Share, 2023 (%)
- 14.3.3.4 Business Segment Revenue Share, 2023 (%)
- 14.3.4 Product Benchmarking
- 14.3.5 Strategic Outlook
- 14.4 Enercon GmbH
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Product Benchmarking
- 14.4.4 Strategic Outlook
- 14.5 General Electric Company
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Financial Analysis
- 14.5.3.1 Net Revenue, 2019-2023
- 14.5.3.2 R&D, 2019-2023
- 14.5.3.3 Regional Revenue Share, 2023 (%)
- 14.5.3.4 Business Segment Revenue Share, 2023 (%)
- 14.5.4 Product Benchmarking
- 14.5.5 Strategic Outlook
- 14.6 Nordex SE
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Financial Analysis
- 14.6.3.1 Net Revenue, 2019-2023
- 14.6.3.2 Business Segment Revenue Share, 2023 (%)
- 14.6.4 Product Benchmarking
- 14.7 Siemens Energy AG
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Financial Analysis
- 14.7.3.1 Net Revenue, 2019-2023
- 14.7.3.2 R&D, 2019-2023
- 14.7.3.3 Regional Revenue Share, 2023 (%)
- 14.7.3.4 Business Segment Revenue Share, 2023 (%)
- 14.7.4 Product Benchmarking
- 14.8 Envision Group
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Product Benchmarking
- 14.8.4 Strategic Outlook
- 14.9 Goldwind Science & Technology Co., Ltd.
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Financial Analysis
- 14.9.3.1 Net Revenue, 2019-2023
- 14.9.3.2 R&D, 2019-2023
- 14.9.3.3 Regional Revenue Share, 2023 (%)
- 14.9.3.4 Business Segment Revenue Share, 2023 (%)
- 14.9.4 Product Benchmarking
- 14.10 Suzlon Energy
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Financial Analysis
- 14.10.3.1 Net Revenue, 2019-2023
- 14.10.3.2 Regional Revenue Share, 2023 (%)
- 14.10.3.3 Business Segment Revenue Share, 2023 (%)
- 14.10.4 Product Benchmarking
- 14.10.5 Strategic Outlook
- 14.11 Ampyx Power
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Product Benchmarking
- 14.12 KiteGen Venture
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Product Benchmarking
- 14.13 EnerKite GmbH
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Product Benchmarking
- 14.14 Alphabet Inc.
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Financial Analysis
- 14.14.3.1 Net Revenue, 2019-2023
- 14.14.3.2 R&D, 2019-2023
- 14.14.3.3 Regional Revenue Share, 2023 (%)
- 14.14.3.4 Business Segment Revenue Share, 2023 (%)
- 14.14.4 Product Benchmarking
- 14.15 SkySails Power GmbH
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Product Benchmarking
- 14.15.4 Strategic Outlook
- 14.16 Kitemill AS
- 14.16.1 Company Snapshot
- 14.16.2 Company Overview
- 14.16.3 Product Benchmarking
- 14.17 TwingTec AG
- 14.17.1 Company Snapshot
- 14.17.2 Company Overview
- 14.17.3 Product Benchmarking
- 14.18 Kitepower
- 14.18.1 Company Snapshot
- 14.18.2 Company Overview
- 14.18.3 Product Benchmarking
- 14.18.4 Strategic Outlook
- 14.19 Kitenerg
- 14.19.1 Company Snapshot
- 14.19.2 Company Overview
- 14.19.3 Product Benchmarking
- 14.20 Windswept and Interesting Ltd.
- 14.20.1 Company Snapshot
- 14.20.2 Company Overview
- 14.20.3 Product Benchmarking
- 14.20.4 Strategic Outlook
- 14.21 Ecoloop
- 14.21.1 Company Snapshot
- 14.21.2 Company Overview
- 14.21.3 Product Benchmarking
- 14.22 Aviantis Energy Group
- 14.22.1 Company Snapshot
- 14.22.2 Company Overview
- 14.22.3 Product Benchmarking
- 14.23 NTS Energie- und Transportsysteme GmbH
- 14.23.1 Company Snapshot
- 14.23.2 Company Overview
- 14.23.3 Product Benchmarking
- 14.24 KiteX
- 14.24.1 Company Snapshot
- 14.24.2 Company Overview
- 14.24.3 Product Benchmarking
15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players