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