Global Wind Turbine Gearbox Market 2016-2020

  • ID: 3976088
  • Report
  • Region: Global
  • 87 pages
  • TechNavio
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FEATURED COMPANIES

  • Chongqing Gearbox
  • Eickhoff
  • ISHIBASHI Manufacturing
  • Moventas
  • RENK
  • Winergy
  • MORE

About Wind Turbine Gearbox

In a wind turbine, a gearbox is used to increase the rotor speed to an extent that it matches the generator speed. The gearbox connects the low-speed shafts with the high-speed shafts. The rotational speed of the generator shaft is far higher than that of the turbine blades. The gearbox in a wind turbine does not change gears; instead it maintains a single-gear ratio between the rotation of the rotor and the generator. The gear converts low speed to high speed and high torque to low torque. The high-speed rotation of the shaft produces electricity inside the generator.

Analysts forecast the global wind turbine gearbox market to grow at a CAGR of 3% with respect to installation capacity during the period 2016-2020.

Covered in this report:

The report covers the present scenario and the growth prospects of the global wind turbine gearbox market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of wind turbine gearbox.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Wind Turbine Gearbox Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • China High Speed Transmission
  • Gamesa Energy Transmission
  • Moventas
  • Winergy
  • ZF Friedrichshafen

Other prominent vendors

  • Brevini Power Transmission
  • Chongqing Gearbox
  • Eickhoff
  • ISHIBASHI Manufacturing
  • RENK
  • ZOLLERN

Market drivers

  • Government support for wind energy projects
  • For a full, detailed list, view the full report

Market challenges

  • R&D in direct-drive generators for wind turbines to impact gearing demand
  • For a full, detailed list, view the full report

Market trends

  •  Increased focus on R&D to improve gearbox reliability
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2020 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chongqing Gearbox
  • Eickhoff
  • ISHIBASHI Manufacturing
  • Moventas
  • RENK
  • Winergy
  • MORE
Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
  • Cost break-up of wind turbine components
  • Wind turbine components
  • Wind turbine technology value chain
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Global wind turbine gearbox market by geography
  • Global wind turbine gearbox market by geography
  • Global wind turbine gearbox market by geography
  • Wind turbine gearbox market in the Americas
  • Wind turbine gearbox market in EMEA
Part 07: Market segmentation by installation
  • Global wind turbine gearbox market by installation
  • Global wind turbine gearbox market by installation
  • Global wind turbine gearbox market by new installation capacity
  • Global wind turbine gearbox market by replacement demand
Part 08: Market drivers
  • Increase in rotor diameter
  • Rise in wind energy consumption
  • Government support for wind energy projects
  • Decline in LCOE of wind power generation
  • Growth in offshore installations
Part 09: Impact of drivers

Part 10: Market challenges
  • High failure rate of wind turbine components
  • Shorter lifetime of gearboxes compared with that of turbines
  • R&D in direct-drive generators for wind turbines to impact gearing demand
  • Competition from fossil fuels
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • Digitization in gearboxes
  • Increase in demand for clean power
  • Increased focus on R&D to improve gearbox reliability
Part 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
Part 14: Key vendor analysis
  • China High Speed Transmission
  • Gamesa Energy Transmission
  • Moventas
  • Winergy
  • ZF Friedrichshafen
Part 15: Appendix
  • List of abbreviations
Part 16: About the Author

List of Exhibits:
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Cumulative global wind power installed capacity 2015-2020 (GW)
Exhibit 04: Annual installation growth rate by region 2015
Exhibit 05: Cost break-up of wind turbine components
Exhibit 06: Wind turbine components
Exhibit 07: Wind turbine value chain
Exhibit 08: Global wind turbine gearbox market
Exhibit 09: Global wind turbine gearbox market by annual installation capacity 2015-2020 (GW)
Exhibit 10: Global wind turbine gearbox market by annual revenue 2015-2020 ($ billions)
Exhibit 11: Five forces analysis
Exhibit 12: Global wind turbine gearbox market by geography 2015 and 2020 (%)
Exhibit 13: Global wind turbine gearbox market by geography 2015-2020 (GW)
Exhibit 14: Global wind turbine gearbox market by geography 2015-2020 ($ billions)
Exhibit 15: Wind turbine gearbox market in APAC by annual installation capacity 2015-2020 (GW)
Exhibit 16: Wind turbine gearbox market in APAC by annual revenue 2015-2020 ($ billions)
Exhibit 17: Total installed capacity in China 2010-2015 (MW)
Exhibit 18: Total wind power installed capacity in India 2010-2015 (MW)
Exhibit 19: Wind power capacities of other prominent countries 2010-2015 in APAC (MW)
Exhibit 20: Wind turbine gearbox market in the Americas by annual installation capacity 2015-2020 (GW)
Exhibit 21: Wind turbine gearbox market in the Americas by annual revenue 2015-2020 ($ billions)
Exhibit 22: Wind power capacity in the US 2010-2015 (MW)
Exhibit 23: Wind turbine gearbox market in EMEA by annual installation capacity 2015-2020 (GW)
Exhibit 24: Wind turbine gearbox market in EMEA by annual revenue 2015-2020 ($ billions)
Exhibit 25: Wind power capacity in the Germany 2010-2015 (MW)
Exhibit 26: Wind power capacity in the UK 2010-2015 (MW)
Exhibit 27: Global wind turbine gearbox market by installations 2015 and 2020 (%)
Exhibit 28: Global wind turbine gearbox market by installation 2015-2020 (GW)
Exhibit 29: Global wind turbine gearbox market by installation 2015-2020 ($ billions)
Exhibit 30: Global wind turbine gearbox market by new installation capacity 2015-2020 (GW)
Exhibit 31: Global wind turbine gearbox market by new installation capacity 2015-2020 ($ billions)
Exhibit 32: Global wind turbine gearbox market by replacement demand capacity 2015-2020 (GW)
Exhibit 33: Global wind turbine gearbox market by replacement demand revenue 2015-2020 ($ billions)
Exhibit 34: Impact of rotor diameter, turbine size, and hub height on annual wind energy production
Exhibit 35: Evolution of wind turbine size 1980-2011
Exhibit 36: Global wind energy consumption trend 2009-2014 (TWh)
Exhibit 37: Country-wise wind power installation for 2015 (in MW)
Exhibit 38: New wind installation targets by 2020
Exhibit 39: Cost of producing electricity in the UK from different sources ($/kW)
Exhibit 40: Country-wise onshore wind power LCOE in 2015 ($/kWh)
Exhibit 41: Global cumulative offshore wind installation capacity 2010-2015 (MW)
Exhibit 42: Impact of drivers
Exhibit 43: Component malfunction leading to wind turbine failure (%)
Exhibit 44: Gearbox failure due to component malfunction
Exhibit 45: Global electricity generation by source and wind power generation share in global electricity generation 2001-2013 (%)
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Advantages of the intelligent wind gearbox:
Exhibit 48: Countries with renewable targets and policies 2005
Exhibit 49: Countries with renewable targets and policies 2015
Exhibit 50: New wind installation targets by 2020 (GW)
Exhibit 51: Other prominent vendors
Exhibit 52: China High Speed Transmission: Geographical segmentation 2015
Exhibit 53: China High Speed Transmission: Key products
Exhibit 54: Gamesa Energy Transmission: Business segmentation by revenue 2015
Exhibit 55: Gamesa Energy Transmission: Product portfolio
Exhibit 56: Gamesa Energy Transmission: Key highlights
Exhibit 57: Moventas: Key solutions
Exhibit 58: Moventas: Product portfolio
Exhibit 59: Winergy: Key solutions
Exhibit 60: Winergy: Key products
Exhibit 61: ZF Friedrichshafen: Key products of gearbox
Exhibit 62: ZF Friendrichshafen: Key highlights
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chongqing Gearbox
  • Eickhoff
  • ISHIBASHI Manufacturing
  • Moventas
  • RENK
  • Winergy
  • MORE
Global Wind Turbine Gearbox Market 2016-2020

The following companies are key players in the global wind turbine gearbox market: China High Speed Transmission, Gamesa Energy Transmission, Moventas, Winergy, and ZF Friedrichshafen

Other Prominent Vendors in the market are: Brevini Power Transmission, Chongqing Gearbox, Eickhoff, ISHIBASHI Manufacturing, RENK, and ZOLLERN

Commenting on the report, an analyst said: “Wind turbine producers and manufacturers are paying a lot of attention to the proactive and preventive maintenance rather than reactive maintenance. Gearboxes are installed with probes, sensors, and filters to monitor the properties of gear oil, such as temperature, viscosity, contamination, and thickness. Condition monitoring plans are primarily functional for offshore turbines as the total cost of reactive maintenance is high when compared with preventive maintenance.”

According to the report, the gearbox, being a crucial component of a wind turbine, needs to have high reliability. This has not been the case in the past. Increased R&D in gearbox wind technology is mainly focused on solving the reliability issue. The major focus areas of R&D include improvement in gearbox design, quality control at every step of the manufacturing process, and improvement in quality testing procedures and standards. Increased focus on R&D is expected to boost the gearbox system reliability and increase its lifespan. This will boost overall market growth in the future.

Further, the report states that the replacement cost can vary in the range of $216,000 to $540,000 based on the turbine size and the wind farm's location. This causes an increase in the overall costs of the wind power plant, creating a big growth bottleneck for the industry. The other major problem arising out of gearbox failure is the rise in downtime by two or three times, which is significantly high when compared with any other wind turbine component failure. As the cost of the gearbox is relatively high, managing the finances required for replacing and maintaining the inventory of the gearbox is a challenging task for manufacturers. This problem is mainly noticeable among small-sized wind turbines used earlier.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • China High Speed Transmission
  • Gamesa Energy Transmission
  • Moventas
  • Winergy
  • ZF Friedrichshafen
  • Brevini Power Transmission
  • Chongqing Gearbox
  • Eickhoff
  • ISHIBASHI Manufacturing
  • RENK
  • ZOLLERN
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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