| Product Code: ETC6308855 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the high concentration of imports from China, Hong Kong, Turkey, and the USA, the direct drive wind turbine import shipments to Barbados saw a significant decline in 2024. The negative Compound Annual Growth Rate (CAGR) of -7.65% from 2020 to 2024 reflects a challenging market environment. Furthermore, the staggering growth rate drop of -75.34% from 2023 to 2024 indicates a sharp decline in import volumes. This trend suggests a potential need for strategic interventions to revitalize the wind turbine import market in Barbados.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Direct Drive Wind Turbine Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Direct Drive Wind Turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Direct Drive Wind Turbine Market - Industry Life Cycle |
3.4 Barbados Direct Drive Wind Turbine Market - Porter's Five Forces |
3.5 Barbados Direct Drive Wind Turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Barbados Direct Drive Wind Turbine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Barbados Direct Drive Wind Turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Barbados |
4.2.2 Government initiatives and incentives to promote wind energy |
4.2.3 Technological advancements in direct drive wind turbine technology |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Limited land availability for wind turbine installation |
4.3.3 Potential environmental impact and concerns |
5 Barbados Direct Drive Wind Turbine Market Trends |
6 Barbados Direct Drive Wind Turbine Market, By Types |
6.1 Barbados Direct Drive Wind Turbine Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By Less than 1MW, 2021- 2031F |
6.1.4 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By 1MW to 3MW, 2021- 2031F |
6.1.5 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By More than 3MW, 2021- 2031F |
6.2 Barbados Direct Drive Wind Turbine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By Electrically Excited Synchronous Generator, 2021- 2031F |
6.2.3 Barbados Direct Drive Wind Turbine Market Revenues & Volume, By Permanent Magnet Synchronous Generator, 2021- 2031F |
7 Barbados Direct Drive Wind Turbine Market Import-Export Trade Statistics |
7.1 Barbados Direct Drive Wind Turbine Market Export to Major Countries |
7.2 Barbados Direct Drive Wind Turbine Market Imports from Major Countries |
8 Barbados Direct Drive Wind Turbine Market Key Performance Indicators |
8.1 Average wind speed in Barbados |
8.2 Number of direct drive wind turbine installations in Barbados |
8.3 Capacity utilization rate of direct drive wind turbines in Barbados |
9 Barbados Direct Drive Wind Turbine Market - Opportunity Assessment |
9.1 Barbados Direct Drive Wind Turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Barbados Direct Drive Wind Turbine Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Barbados Direct Drive Wind Turbine Market - Competitive Landscape |
10.1 Barbados Direct Drive Wind Turbine Market Revenue Share, By Companies, 2024 |
10.2 Barbados Direct Drive Wind Turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |