Vertical Axis Wind Turbines (VAWTs) Market Size, Analysis, Trends, Forecast 2032 with CAGR of 8.2%

Bhushan18 Feb, 2025Business

The global Vertical Axis Wind Turbines (VAWTs) Market is experiencing a significant surge, driven the increasing demand for renewable energy solutions and advancements in wind turbine technology. According to a recent report by Dataintelo, the market is projected to grow at a CAGR of 12.5% from 2023 to 2030, reaching a valuation of USD 4.2 billion by the end of the forecast period. This growth is fueled by the rising adoption of sustainable energy sources, government incentives, and the need for efficient energy generation in urban and remote areas.

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