Asia Pacific Wind Turbine Bearings Market - Analysis by Geography, by Deployment Location Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3612109
  • Report
  • Region: Asia, Asia Pacific
  • 84 pages
  • Mordor Intelligence
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The Asia Pacific Wind Turbine Bearings Market is Valued at USD 3.3 Billion in 2015 and is Projected to Reach USD 7.8 Billion by 2020 at a CAGR of 17.7%

FEATURED COMPANIES

  • DYZV
  • NSK
  • Xibei Bearing
  • Zhejiang Tianma Bearing
  • ZWZ
  • ZYS Luoyang LYC Bearing
  • MORE
Wind power generation has been a proven technology and emits no carbon dioxide. It has gained widespread acceptance as the cleanest and most environmental friendly form of energy. The increasing reliability of the system, especially the wind turbine while reducing the operating expenditure remains as a challenge in wind power industry. Bearings are one of the most important components of wind turbines and require designs that optimize reliability and economic efficiency while taking into account the characteristics of the applications. Bearings are to be designed using advanced computer simulation with a deep knowledge of materials and heat treatment. In addition, sometimes test evaluations are also required before putting them in operation. Bearings in wind turbines are subjected to extreme operational environments in terms of temperature, load fluctuation, maintenance access and lubricant optimization. As rotor diameters increase, the bearings becomes even more critical.

The end users of Wind turbine bearings can be categorized into three segments, namely, Industrial, commercial and residential. Industrial can be further subdivided into Power generation, agriculture, Industrial automation, engineering and telecommunication. Most important usage of Wind turbine bearings is its industrial application. And accounts for more than 90% share of Asia Pacific Wind turbine bearings market in 2015.

This market is driven by a number of factors, such as the large number of ongoing projects and innovations in the Wind power generation sector along with the growing demand for efficient wind turbine components. Fast growth in emerging economies in Asia-pacific, India and China become the key drivers. With its large land mass and long coastline, China has exceptional wind power resources. And India is the 5th largest wind power producer in the world. However, wind turbine bearing market faces certain drawbacks, such as high initial investments, complex manufacturing methods and with a few ecological concerns of wind power such as land use and wildlife habitat. These factors may act as a roadblock to the growth of the market.

This market can be broadly segmented into Small (1-120 KW), Medium (121-1000 KW), Large (1-3 MW) and other, based on its power plant’s installed capacity. In this report, market is broadly segmented into Onshore and offshore. Also the segmentation was done based on its application: Gearbox into Spherical roller bearings, Cylindrical Roller Bearing, Metric Tapers, Radial Bearings, Angular Contact Bearings; rotor shaft into spherical, cylindrical and tapered; generator into deep groove ball bearing and cylindrical roller bearings; pitch and yaw into Slewing Ring Bearings, deep groove ball bearings, Plain bearings. Bearing technology has applications in various machinery but it becomes a vital component in Wind turbine functioning.

The market has also been geographically segmented into India, China, Japan, Australia and Indonesia, with China occupying the largest consumer base in this region. India and Japan follow the list in the same order. The national wind energy policy has also made this region an area of immense potential and opportunities. However, the price sensitivity in this region has considerably hindered the growth of this market.

The market has more relevance today since trends show that governments’ policies are being more encouraging about clean technology. This technology is specially inclined for the countries with goals of eliminating fossil fuel energy. The major companies dominating this market for its products, services, and continuous product developments are China LD Slewing Bearings Manufacturing Co., Ltd., ZWZ, ZYS Luoyang LYC Bearing, Zhejiang Tianma Bearing, DYZV, Xibei Bearing, NSK , etc.,. The current trends in mergers and acquisitions indicate that the smaller companies are acquiring the bigger ones for higher innovations by utilizing their core competencies. The technology offers a huge potential of change in improving the efficiency of wind turbines and also promote clean energy.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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FEATURED COMPANIES

  • DYZV
  • NSK
  • Xibei Bearing
  • Zhejiang Tianma Bearing
  • ZWZ
  • ZYS Luoyang LYC Bearing
  • MORE
1. Introduction

2. Key Deliverables of the Study
2.1 Study Assumptions
3. Executive Summary

4. Research Methodology

5. Markets Covered

6. Market Overview
6.1 Introduction
6.2 Market Demand to 2020
6.3 Recent Developments in Wind turbine bearings industry

7. Market Dynamics
7.1 Drivers
7.1.1 Rise In Demand For Clean Tech
7.1.2 Growth in wind energy sector
7.1.3 Development policies in emerging markets
7.1.4 Low Operating Costs
7.2 Constraints
7.2.1 High Initial Investment in wind turbines
7.2.2 Wind turbine transportation Problem for Offshore Market
7.3 Opportunities
7.3.1 Scope for New Technological Innovations
7.3.2 Simplified manufacturing processes
7.3.3 Offshore Installations

8. Asia pacific Wind turbine bearings Manufacturing Industry value Chain Analysis

9. Asia pacific Wind turbine bearings Market Analysis, by Application
9.1 Gearbox
9.1.1 Spherical roller bearings
9.1.2 Cylindrical Roller Bearing
9.1.3 Metric Tapers
9.1.4 Radial Bearings
9.1.5 Angular Contact Bearings
9.2 Rotor Shaft
9.2.1 Spherical
9.2.2 Cylindrical
9.2.3 Tapered
9.3 Generator
9.3.1 Deep groove ball bearings
9.3.2 cylindrical roller bearings
9.4 Pitch and Yaw
9.4.1 Slewing Ring Bearings
9.4.2 deep groove ball bearings
9.4.3 Plain bearings

10. Asia pacific Wind turbine bearings Market Analysis, by deployment
10.1 Onshore
10.2 Offshore

11. Asia pacific Wind turbine bearings market Analysis, by turbine capacity
11.1 Small
11.2 Medium
11.3 Large
11.4 Others
12. Asia pacific Wind turbine bearings Market Analysis, by Geography (Overview, Market Demand to 2020 and Investment Opportunities)
12.1 India
12.2 China
12.3 Japan
12.4 Australia
12.5 Indonesia
12.6 Others
13. Key Company Analysis
13.1 China LD Slewing Bearings Manufacturing Co., Ltd.
13.2 ZWZ
13.3 ZYS Luoyang LYC Bearing
13.4 Zhejiang Tianma Bearing
13.5 DYZV
13.6 Xibei Bearing
13.7 NSK
13.8 Others
14. Competitive Landscape
14.1 Mergers & Acquisitions
14.2 Joint Ventures, Collaborations and Agreements
14.3 Market Share Analysis
15. Appendix
15.1 Contact Us
15.2 Disclaimer
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- China LD Slewing Bearings Manufacturing Co., Ltd.
- ZWZ
- ZYS Luoyang LYC Bearing
- Zhejiang Tianma Bearing
- DYZV
- Xibei Bearing
- NSK
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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