Horizontal axis wind turbines are the most common design, with blades rotating parallel to the ground and wind flow. Vertical axis turbines have blades rotating perpendicular to the ground, but are less prevalent commercially. Key components of wind turbines include blades, a rotor, nacelle, gearbox, generator, and tower. Horizontal axis turbines are more efficient at higher elevations, while various vertical axis designs like Savonius and Darrieus turbines have different applications depending on their rotational speeds.