As per their latest report, TechNavio’s analysts forecast the Global Wind Turbine Gearbox Market to grow in terms of capacity and revenue up until 2019.
Editor’s Note: Technavio, a global technology research and advisory company, has released a report on the Global Wind Turbine Gearbox Market for 2015-2019. The report covers current and future growth prospects, and can be downloaded in full here.
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A gearbox, as a part of a wind turbine, is used to step-up the rotor speed to the generator speed. The gears in a gearbox connect the low-speed shaft to the high-speed shaft, resulting in high-rotational speed of generator shaft from the low-rotational speed of turbine blades.
The gearbox in a wind turbine doesn’t change gears; it maintains a single-gear ratio between the rotation of the rotor and that of the generator. The gears convert low speed and high torque to low torque and high speed. This high-speed shaft produces electricity inside the generator.
TechNavio’s analysts forecast the Global Wind Turbine Gearbox Market to grow at a compound annual growth rate (CAGR) of 8% in terms of capacity, and 6.1% in terms of revenue during the period 2014-2019.
TechNavio’s report, the Global Wind Turbine Gearbox Market 2015-2019, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report provides segmentation of the market based on new installations and replacement installations, covering the Americas and the APAC and EMEA regions. It also covers the landscape of the Global Wind Turbine Gearbox market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• Bosch Rexroth
• China High Speed Transmission Equipment Group
• Gamesa Energy Transmission
• Moventas
• Winergy
• ZF Wind Power
Other Prominent Vendors
• Brevini Power Transmission
• Chongqing Gearbox
• Eickhoff Group
• ISHIBASHI Manufacturing
• Renk
• ZOLLERN
Market Driver
• Increased Demand for Wind Power Plants
• For a full, detailed list, view our report
Market Challenge
• Small Lifetime of Gearbox Compared to Turbine
• For a full, detailed list, view our report
Market Trend
• Rising Trend of Vertical integration
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Technavio
www.technavio.com
Filed Under: Gearboxes, Projects
