Global Wind Turbine Gearbox Market - Analysis by Type of Gearbox - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386576
  • Report
  • Region: Global
  • 134 pages
  • Mordor Intelligence
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The wind turbine gearbox market is expected to grow form USD XX Billion in 2015 to reach USD XX Billion by 2022, growing at a CAGR of USD XX Billion. With energy demand rising worldwide, tremendous growth is being recorded by the renewable energy market, and the wind power industry is one of the fastest growing in the renewable energy sector. The wind turbine gearbox markets growth is directly related to the increasing demand for wind turbines. Gearboxes constitute a good part of the cost of a turbine, accounting for almost 20% of the entire wind turbine installation.

The main gearbox is one of the most important components of a wind turbine. The main gearbox converts the turning speed of the turbine blades into the speed necessary for the generator to produce electricity. A pitch control gearbox sets the turbine blades at the best angle to the wind, and yaw control is essential in upwind turbines to ensure that the turbine always faces into the wind. Wind turbulence exerts tremendous stress on the gearbox components, and this can cause damages to the point of bringing the turbine to a halt. A gearbox is therefore considered the highest maintenance part of a turbine. In spite of this, gearboxes are still the preferred technology.

The growing popularity of direct drive turbines is a threat to the gearbox market. The harsh operating conditions that these gearboxes are required to function in also present design challenges. Nevertheless, with improving technology, companies are introducing newer and more reliable gearboxes that can better withstand the wind turbulence stresses. Geared systems are also cheaper than direct drive systems. Governmental policies on wind energy differ around the world. There has been a withdrawal of subsidies and feed-in programs in some European countries which is affecting the market. Nevertheless, emerging markets are providing a boost to the industry.

Some of the key players in the wind turbine gearbox market are Bosch Rexroth AG, Brevini, Winergy AG, ZF Friedrichshafen AG and Gamesa.

This report is a comprehensive analysis of the global wind turbine gearbox market. Key drivers and restraints have been identified. A region specific assessment has been carried out and the prospects of the market in each region has been detailed. Details of key players who can influence the global and regional markets have been included in the extensively researched competitive analysis section. The profiles of these key companies include an analysis of their market share, key financial information and an analysis of their current strategic interests.
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1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
4.1 Introduction
4.2 Market Demand to 2022
4.3 Recent Trends & Developments
4.4 R&D Activities
4.5 Investments and Opportunities
5. Drivers, Constraints and Opportunities
5.1 Drivers
5.1.1 Growing Demand for Clean Energy Tech
5.1.2 Ever Increasing Energy Demand
5.1.3 Wind Power Technology Getting Cheaper
5.1.4 Support from Governments
5.1.5 Increase in Demand from Emerging Markets
5.2 Constraints
5.2.1 Unpredictability of Wind
5.2.2 Limited Life of Gearboxes
5.2.3 High Periodic Maintenance Costs
5.2.4 Growing Direct Drive Turbines Market
5.3 Opportunities
5.3.1 Advancement in Wind Power Technology
5.3.2 Growing Offshore Market
5.4 Challenges
5.4.1 Design Challenges due to Harsh Operating Conditions
6. Industry Value Chain Analysis
7. Porters Five Force Analysis
7.1 Bargaining Power of Supplier
7.2 Bargaining Power of Consumers
7.3 Threat of New Entrants
7.4 Threat of Substitute Products and Services
7.5 Degree of Competition
8. Global Wind Turbine Gearbox Market, By Gearbox Type
8.1 Main Gearbox
8.2 Yaw & Pitch Gearbox
9. Global Wind Turbine Gearbox Market, By Geography
9.1 North America
9.1.1 Overview
9.1.2 Major Countries United States Canada Mexico Others
9.2 Europe
9.2.1 Overview
9.2.2 Major Countries Germany United Kingdom Spain Italy Others
9.3 Asia Pacific
9.3.1 Overview
9.3.2 Major Countries China India Japan Thailand South Korea Australia Others
9.4 South & Central America
9.4.1 Overview
9.4.2 Major Countries Brazil Chile Argentina Others
9.5 Middle East & Africa
9.5.1 Overview
9.5.2 Major Countries Egypt Morocco South Africa Others
10. Key Company Analysis
10.1 Bosch Rexroth AG
10.2 ZF Friedrichshafen AG
10.3 Brevini
10.4 Gamesa
10.5 Winergy AG
10.6 NGC Gears
10.7 Bonfiglioli
10.8 Comer Industries
10.9 Zollern
10.10 Liebherr
10.11 Nabtesco
10.12 Moventas
11. Competitive Landscape
11.1 Mergers & Acquisitions
11.2 Joint Ventures, Collaborations and Agreements
11.3 Market Share Analysis
12. Appendix
12.1 Contact Us
12.2 Disclaimer
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown