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Bladeless Wind Turbines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Global Bladeless Wind Turbines Market: Overview

Wind energy is a crucial part of the global renewable energy scenario. Due to the renewable nature of wind power and its abundant availability, it has always been a big part of the alternative energy mix and has really come into own in the last decade. Currently, the adoption of wind energy has picked up speed in several European countries, particularly Denmark, and the environmental viability of wind power means the reliance on it is likely to increase in the coming years.

At present, turbines are commonly used to convert wind energy into electrical energy, with the movement of the turbine blades powering an electricity generator. However, bladeless wind turbines are a recent innovation and could hold the potential to transform the global wind energy market. Instead of relying on the mechanical energy of the wind itself, bladeless wind turbines rely on the vortices created by the obstruction of the wind. Bladeless wind turbines do not contain rotating blades, but are designed to provide an obstruction to the wind in such a way that the vortices created by it can be utilized for electricity generation.

Global Bladeless Wind Turbines Market: Drivers and Restraints

The major driver for the global bladeless wind turbines market is the decreased weight of the energy generation mechanism. Due to the top-heavy nature of conventional wind turbines, high-quality components are needed to avoid structural damage to the system. This increases the cost of construction significantly. On the other hand, bladeless wind turbines stand erect and oscillate in response to the vortices. This reduces the risk of the heavy equipment contributing to structural damage to the system.

The lack of turbines also eliminates two common complaints about conventional wind turbines, which are their noise and the risk they pose to birds. Bladeless wind turbines contain few moving parts, leading to a reduction in the noise emitted by the system. The relative lack of moving parts also serves to make the construction more reliable than in conventional wind turbines.

Bladeless wind turbines are also less efficient at converting the captured wind power into electricity. However, the lower manufacturing and maintenance costs of bladeless wind turbines will help the market compensate for this shortcoming. In addition to the lower costs, more bladeless wind turbines can be installed per unit area than conventional wind turbines, since they don’t suffer as much from a drop in power due to other wind turbines disturbing the airflow.

Another major restraint on the bladeless wind turbines market is that the technology is fairly new. As a result, there are still concerns about whether this design can successfully be implemented on a large scale. Even though today’s bladeless wind turbines are made with advanced technology and utilize enhanced materials, the failure of past experiments with bladeless wind turbines is weighing over the global market. However, the intensive ongoing research in the field is likely to help improve the mixed public perception of bladeless wind turbines in the coming years.

Global Bladeless Wind Turbines Market: Competitive Dynamics

The bladeless wind turbine market is currently being driven by the efforts of Vortex Bladeless, a Spanish company that has invented the modern design of bladeless turbines. Large-scale installation of bladeless wind turbines is absent as of now, but the situation is expected to improve massively in the coming years, as technical deficiencies get ironed out and product enhancements are incorporated into the design.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

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  • Market trends and dynamics
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The regional analysis covers:

  • North America (U.S. and Canada)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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