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India Small Wind Power Market

ID: MRFR/EnP/52949-HCR
128 Pages
Snehal Singh
October 2025

India Small Wind Power Market Research Report By Grid Connectivity (On-Grid, Off-Grid), By Axis (Horizontal, Vertical) and By Capacity (Upto 2KW, 2KW to 5KW, 5KW to 10 KW) - Forecast to 2035

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India Small Wind Power Market Summary

As per MRFR analysis, the small wind-power market size was estimated at 445.81 USD Million in 2024. The small wind-power market is projected to grow from 509.61 USD Million in 2025 to 1940.77 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 14.31% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India small wind-power market is poised for growth driven by technological advancements and supportive policies.

  • Technological advancements are enhancing the efficiency and reliability of small wind turbines.
  • Government incentives are playing a crucial role in promoting small wind energy projects across the country.
  • The rural electrification segment is the largest, while the residential segment is the fastest-growing in the small wind-power market.
  • Rising energy demand and environmental concerns are key drivers propelling the growth of the small wind-power sector.

Market Size & Forecast

2024 Market Size 445.81 (USD Million)
2035 Market Size 1940.77 (USD Million)
CAGR (2025 - 2035) 14.31%

Major Players

Siemens Gamesa (ES), GE Renewable Energy (US), Nordex (DE), Suzlon Energy (IN), Bergey Windpower (US), Eocycle Technologies (CA), Windspire Energy (US), Aermotor Windmill Company (US)

India Small Wind Power Market Trends

The small wind-power market is experiencing notable growth, driven by increasing energy demands and a shift towards renewable sources. In recent years, there has been a growing recognition of the potential of small wind systems to provide clean energy solutions, particularly in rural and remote areas. This trend is further supported by government initiatives aimed at promoting sustainable energy practices. The integration of small wind technology into local energy systems appears to be a strategic move to enhance energy security and reduce reliance on fossil fuels. Furthermore, advancements in turbine technology and decreasing costs are likely to make small wind systems more accessible to a broader audience. In addition, the small wind-power market is witnessing a rise in awareness regarding environmental sustainability. Stakeholders, including local communities and businesses, are increasingly interested in harnessing wind energy as a viable alternative to traditional energy sources. This shift is indicative of a broader commitment to reducing carbon footprints and promoting eco-friendly practices. As the market evolves, it seems poised to play a crucial role in India's energy landscape, contributing to both economic development and environmental conservation.

Technological Advancements

Recent innovations in turbine design and efficiency are enhancing the performance of small wind systems. These advancements are likely to improve energy output and reduce maintenance costs, making small wind solutions more appealing to consumers.

Government Incentives

Government policies and financial incentives are fostering growth in the small wind-power market. Initiatives aimed at promoting renewable energy adoption are encouraging investments and facilitating the installation of small wind systems.

Rural Electrification

The small wind-power market is increasingly recognized for its potential in rural electrification. By providing reliable energy solutions to remote areas, small wind systems are helping to bridge the energy access gap and support local development.

India Small Wind Power Market Drivers

Rising Energy Demand

The increasing energy demand in India is a crucial driver for the small wind-power market. As urbanization accelerates and the population grows, the need for sustainable energy sources becomes more pressing. The small wind-power market is positioned to meet this demand, particularly in rural and semi-urban areas where grid connectivity is limited. According to recent estimates, India's energy consumption is projected to grow by approximately 4.5% annually, necessitating alternative energy solutions. This growth presents an opportunity for small wind systems, which can be deployed quickly and efficiently. Furthermore, the small wind-power market can contribute to energy security by diversifying the energy mix, reducing reliance on fossil fuels, and promoting local energy generation.

Environmental Concerns

Environmental concerns are increasingly influencing the small wind-power market in India. With climate change and pollution becoming critical issues, there is a growing emphasis on renewable energy sources. The small wind-power market offers a clean alternative to traditional energy generation methods, which often rely on coal and other fossil fuels. The Indian government has set ambitious targets to reduce carbon emissions, aiming for a 33-35% reduction by 2030 from 2005 levels. This regulatory environment encourages investments in renewable technologies, including small wind systems. Additionally, the small wind-power market aligns with the global shift towards sustainability, appealing to environmentally conscious consumers and businesses alike.

Technological Innovations

Technological innovations play a pivotal role in shaping the small wind-power market in India. Advances in turbine design, materials, and energy storage solutions have enhanced the efficiency and reliability of small wind systems. For instance, the development of vertical-axis wind turbines has made it feasible to harness wind energy in urban settings where space is limited. Furthermore, improvements in battery technology allow for better energy storage, making small wind systems more viable for off-grid applications. The small wind-power market is likely to benefit from these innovations, as they can lead to lower installation costs and improved performance, thereby attracting more consumers and businesses to adopt wind energy solutions.

Policy Support and Regulation

Policy support and regulation are vital drivers for the small wind-power market in India. The government has implemented various policies aimed at promoting renewable energy, including feed-in tariffs and tax incentives for small wind projects. These measures are designed to encourage investment and facilitate the growth of the small wind-power market. Additionally, the Ministry of New and Renewable Energy (MNRE) has established guidelines to streamline the approval process for small wind projects, making it easier for developers to enter the market. As a result, the small wind-power market is experiencing increased interest from both private and public sectors, which is essential for achieving India's renewable energy targets.

Rural Development Initiatives

Rural development initiatives are significantly impacting the small wind-power market in India. The government has recognized the potential of renewable energy to drive economic growth in rural areas. Small wind systems can provide reliable electricity to remote communities, enhancing quality of life and enabling local businesses to thrive. Programs aimed at rural electrification often include provisions for renewable energy solutions, thereby creating a conducive environment for the small wind-power market. Furthermore, the integration of small wind systems into rural development strategies can lead to job creation and skill development, fostering a sustainable economic model that benefits local populations.

Market Segment Insights

Small Wind Power Market Grid Connectivity Insights

Small Wind Power Market Grid Connectivity Insights

The Grid Connectivity segment of the India Small Wind Power Market is witnessing notable transformations, driven by increasing energy demands and a quest for sustainable energy solutions. This segment comprises On-Grid and Off-Grid systems, each catering to distinct energy needs and applications within the Indian landscape. The On-Grid systems, known for their integration with existing power grids, play a crucial role in enhancing energy efficiency and reducing dependency on conventional energy sources.

With India’s commitment to increasing its renewable energy capacity significantly, the On-Grid systems stand as a vital component in achieving these governmental targets and promoting the use of clean energy.

Furthermore, these systems allow for energy storage and management, thus providing a reliable and consistent power supply, which aligns with India's growing urbanization and industrialization trends. In contrast, Off-Grid systems offer resilient solutions for remote areas with limited access to the power grid. These systems are vital for rural electrification, fulfilling energy needs for communities that would otherwise rely on fossil fuels. The increasing focus on rural development and energy independence further accentuates the role of Off-Grid systems, as they provide a flexible and sustainable option for localized energy generation.

The alignment of these technologies with government initiatives aimed at boosting rural entrepreneurship and improving quality of life underscores their significance in the India Small Wind Power Market landscape. Both On-Grid and Off-Grid solutions not only contribute to the decarbonization goals but also foster energy equity across various demographics, ensuring that even the most remote communities can benefit from reliable and sustainable energy sources. As such, the Grid Connectivity segment represents an important intersection of policy, technology, and social awareness in India's energy transition journey, paving the way for a more resilient and diversified energy future.

Small Wind Power Market Axis Insights

Small Wind Power Market Axis Insights

The India Small Wind Power Market is gaining momentum, driven by a growing emphasis on renewable energy and sustainable development. Among its segments, the Axis segment plays a crucial role, primarily categorized into Horizontal and Vertical configurations. axis wind turbines have been predominant due to their efficiency in converting wind energy into electricity, which is essential for various applications in both rural and urban settings. These turbines often leverage wind patterns at higher altitudes, resulting in improved energy output, thereby catering to the increasing demand for clean energy solutions in India.

On the other hand, axis wind turbines offer unique advantages, particularly in urban areas where space is at a premium and wind directions can be variable. Their lower noise levels and minimal visual impact make them suitable for residential and commercial installations, aligning with India's objectives for decentralized energy production. 

The growth of the Axis segment is also supported by government initiatives to promote wind power as a viable energy source, and as the country prioritizes energy independence, both Horizontal and Vertical configurations are positioned to significantly contribute to the overall landscape of the India Small Wind Power Market.Market statistics indicate robust expansion opportunities as technology advances and investment in this sector increases.

Small Wind Power Market Capacity Insights

Small Wind Power Market Capacity Insights

The Capacity segment of the India Small Wind Power Market plays a crucial role in the overall landscape of renewable energy in the nation. The segment is primarily divided into three categories: Upto 2KW, 2KW to 5KW, and 5KW to 10KW. The Upto 2KW category is especially popular among residential users and small businesses, allowing for individual energy independence and reduced electricity costs. 

The 2KW to 5KW range is often adopted by small and medium enterprises, emphasizing the potential for localized energy production, which aligns with India's push for sustainable development and reducing reliance on fossil fuels.On the other hand, the 5KW to 10KW segment caters to larger applications, contributing significantly to community energy projects and enhancing energy resilience, particularly in rural areas where conventional grid access can be limited. 

Enhanced government regulations and incentives, coupled with the increasing awareness of sustainable practices, are driving growth across all segments, making the Capacity category vital in meeting India’s energy needs while addressing environmental concerns. The integration of small wind power systems also supports job creation and local economic development, further solidifying its importance in the India Small Wind Power Market.

Get more detailed insights about India Small Wind Power Market

Key Players and Competitive Insights

The small wind-power market in India is currently characterized by a dynamic competitive landscape, driven by increasing energy demands and a growing emphasis on renewable energy sources. Key players such as Siemens Gamesa (ES), GE Renewable Energy (US), and Suzlon Energy (IN) are actively shaping the market through strategic initiatives focused on innovation and regional expansion. Siemens Gamesa (ES) has positioned itself as a leader in technology development, emphasizing the integration of advanced digital solutions to enhance operational efficiency. Meanwhile, GE Renewable Energy (US) is leveraging its extensive global experience to localize manufacturing processes, thereby reducing costs and improving supply chain resilience. Suzlon Energy (IN), with its strong domestic presence, is focusing on expanding its service offerings and enhancing customer engagement, which collectively influences the competitive environment by fostering a culture of innovation and responsiveness to market needs.

The business tactics employed by these companies reflect a concerted effort to optimize operations and adapt to local market conditions. The market structure appears moderately fragmented, with several players vying for market share while also collaborating on various projects. This fragmentation allows for a diverse range of solutions and innovations, although it also necessitates strategic partnerships to enhance competitiveness. Localizing manufacturing and optimizing supply chains are critical tactics that enable companies to respond swiftly to market demands and regulatory changes, thereby solidifying their positions in the market.

In October 2025, Siemens Gamesa (ES) announced a partnership with a local Indian firm to develop a new line of small wind turbines tailored for rural applications. This strategic move is significant as it not only enhances Siemens Gamesa's product portfolio but also aligns with India's push for decentralized energy solutions, potentially increasing access to renewable energy in underserved areas. The collaboration is expected to leverage local expertise, thereby reducing costs and improving market penetration.

In September 2025, GE Renewable Energy (US) unveiled a new initiative aimed at integrating AI technologies into its wind turbine operations. This initiative is poised to enhance predictive maintenance capabilities, thereby reducing downtime and operational costs. The strategic importance of this development lies in its potential to significantly improve the efficiency and reliability of wind energy production, which is crucial for meeting the growing energy demands in India.

In August 2025, Suzlon Energy (IN) launched a new customer engagement platform designed to streamline service requests and enhance customer satisfaction. This initiative reflects a broader trend towards digital transformation within the industry, emphasizing the importance of customer-centric approaches in maintaining competitive advantage. By improving service delivery, Suzlon Energy aims to strengthen its market position and foster long-term relationships with clients.

As of November 2025, current competitive trends in the small wind-power market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate in order to innovate and respond to evolving market demands. Looking ahead, competitive differentiation is likely to shift from traditional price-based competition to a focus on technological innovation, supply chain reliability, and sustainable practices. This evolution suggests that companies that prioritize these aspects will be better positioned to thrive in the increasingly competitive landscape.

Key Companies in the India Small Wind Power Market market include

Industry Developments

The India Small Wind Power Market has experienced significant activity recently, particularly with advancements in technology and investment in renewable energy. In September 2023, Vestas Wind Technology announced a strategic partnership with GE Renewable Energy to collaborate on innovative wind turbine technology aimed at enhancing efficiency and production rates in the sector. Similarly, Suzlon Energy has reported a surge in market valuation following the successful commissioning of a 50 MW wind power project in Maharashtra in August 2023.

Furthermore, Atria Power has recently expanded its operations with a focus on small-scale wind installations, receiving funding from domestic investors to boost project deployment.

In the past two years, the market has witnessed a steady increase in government incentives aimed at promoting small wind projects, such as tax benefits and subsidies, fostering growth and attracting new players. The Indian government released a report in July 2022 outlining plans to enhance wind energy capacity that directly impacts the landscape for companies like Tata Power and Inox Wind. As of October 2023, the overall optimism regarding the adoption of wind power is driving investments from both American and European firms exploring collaborations with Indian partners like Siemens Gamesa Renewable Energy and Orient Green Power Company.

Future Outlook

India Small Wind Power Market Future Outlook

The Small Wind Power Market in India is projected to grow at a 14.31% CAGR from 2024 to 2035, driven by technological advancements, policy support, and increasing energy demands.

New opportunities lie in:

  • Development of hybrid renewable energy systems combining solar and wind technologies.
  • Expansion of small wind turbine manufacturing facilities to meet local demand.
  • Implementation of community-based wind energy projects for rural electrification.

By 2035, the small wind-power market is expected to achieve substantial growth and increased market penetration.

Market Segmentation

India Small Wind Power Market Axis Outlook

  • Horizontal
  • Vertical

India Small Wind Power Market Capacity Outlook

  • Upto 2KW
  • 2KW to 5KW
  • 5KW to 10 KW

India Small Wind Power Market Grid Connectivity Outlook

  • On-Grid
  • Off-Grid

Report Scope

MARKET SIZE 2024 445.81(USD Million)
MARKET SIZE 2025 509.61(USD Million)
MARKET SIZE 2035 1940.77(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 14.31% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Siemens Gamesa (ES), GE Renewable Energy (US), Nordex (DE), Suzlon Energy (IN), Bergey Windpower (US), Eocycle Technologies (CA), Windspire Energy (US), Aermotor Windmill Company (US)
Segments Covered Grid Connectivity, Axis, Capacity
Key Market Opportunities Growing demand for decentralized energy solutions drives innovation in the small wind-power market.
Key Market Dynamics Rising consumer interest in renewable energy drives innovation and competition in the small wind-power market.
Countries Covered India

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FAQs

What is the expected market size of the India Small Wind Power Market in 2024?

The India Small Wind Power Market is expected to be valued at 594.4 USD Million in 2024.

What will the market size of the India Small Wind Power Market reach by 2035?

By 2035, the market size is expected to reach 2690.0 USD Million.

What is the projected compound annual growth rate (CAGR) for the India Small Wind Power Market from 2025 to 2035?

The expected CAGR for the India Small Wind Power Market from 2025 to 2035 is 14.711%.

Which segment is anticipated to drive the majority of the market share in 2035?

The On-Grid segment is expected to drive a significant portion of the market, valued at 1792.0 USD Million in 2035.

What is the expected market value for the Off-Grid segment in 2035?

The Off-Grid segment of the market is anticipated to be valued at 898.0 USD Million in 2035.

Who are the major players in the India Small Wind Power Market?

Major players include Avantha Power and Infrastructure, Vestas Wind Technology, and Suzlon Energy among others.

What was the market size for the On-Grid segment in 2024?

In 2024, the On-Grid segment was valued at 356.0 USD Million.

What are the key growth drivers for the India Small Wind Power Market?

Key growth drivers include increasing energy demand and supportive government policies for renewable energy.

What challenges might the India Small Wind Power Market face in the coming years?

Challenges may include high initial costs and competition from alternative energy sources.

How does the India Small Wind Power Market compare regionally in terms of growth?

The India Small Wind Power Market is poised for significant growth, particularly in states with favorable wind resources and policies.

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