Bladeless Wind Turbine Market – Next Big Thing for Wind Power Generators
This report helps to analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Bladeless Wind Turbine Industry.
Market Definition:
Bladeless Wind Turbine uses a radically new approach to
capturing wind energy. Bladeless wind turbines lack rotating blades and are
designed to stand erect and oscillate in response to the vortices. The
top-heavy part of conventional wind turbines requires high-quality components
to avoid structural damage increasing the constructional cost. The reduced
weight of turbines as compared to hefty blade turbines is acting as a primary
driver of the global bladeless wind turbines market.
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Market Growth and
Analysis:
The issues raised with conventional wind turbines is the
amount of cost involved in set-up and maintenance, the amount of space required
to operate and the noise created with moving parts. The bladeless wind turbine
overcomes the issues of traditional wind turbine and are constructed to be
virtually silent, can be attached to any stable structure and have affordable
prices. Also, the cost of maintenance is also quite minimal since, the turbine
has very few moving parts. The engineers at Vortex Bladeless anticipated that
bladeless wind turbine would cost around 51 percent less than a traditional
turbine.
The rod-like design of the bladeless wind turbine consume
a lot less horizontal space allowing to be situated in more confined
environments, such as urban or suburban areas. Furthermore, the design of
bladeless turbine ensures the turbine rotation at high RPMs with total safety
unlike a conventional turbine which explodes under failure due to fatigue.
However, one of the key challenges faced by the bladeless wind turbines is not
able to convert into energy as efficiently as current wind turbines. Increased
efficiency in wind power generation, rural electrification, reduction in
manufacturing costs, and growing residential applications such as Vortex Mini
of 4kW developed by Vortex Bladeless S.L are few key trends spurring the global
bladeless turbine market over the forecast period.
Market Segment:
Bladeless turbine industry has been segmented on the
basis of application, including marine off-grid systems, remote telemetry,
agriculture, domestic purpose, telecom, signage and rail signaling. Agriculture
segment is been anticipated to hold the major
Share owing to various applications for electric fence
powering, water pumps, lighting in stables and chicken sheds, underwater
cameras powering at salmon farms. Furthermore, domestic segment includes
residential battery charging and grid connection in rural areas as well.
Bladeless wind power generators are also been expected to installed near
railway signals to supply power to the signaling systems.
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Market Key
players:
Prominent players operating in global bladeless wind
turbine market includes Vestas, General Electric (GE), Siemens, Gamesa,
Enercon, Senvion, Nordex, Goldwind, Suzlon and Envision. Additionally, the
industry has been predicted to propel by the efforts of a Spanish company,
Vortex Bladeless, innovated a contemporary design of bladeless turbines. Owing
to intensive ongoing research and product enhancements, more companies are
projected to enter the sector over the forecast period.
Regional Analysis:
Bladeless wind turbines technology is expected to grow
enormously in Western Europe owing to availability of advanced technology
coupled with favorable environmental conditions. Furthermore, the market is
also projected to spur in North America region owing to technological
development of new and innovative rotors, drive systems, towers, and controls.
Asia Pacific is projected to flourish owing to rising government initiatives
for wind energy promotion. According to National Renewable Energy Laboratory
(NREL), the United States and Europe has been expected to increase wind’s
fraction of the electrical energy mix to more than 20% within the next two
decades.
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