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Global Wind Turbine Pitch System Market 2019-2023 - Product Image

Global Wind Turbine Pitch System Market 2019-2023

  • ID: 4808286
  • Report
  • July 2019
  • Region: Global
  • 128 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB Ltd.
  • General Electric Co.
  • Mita-Teknik AS
  • Siemens AG.
  • MORE
Global Wind Turbine Pitch System Market: About this market

A wind turbine pitch system is used to adjust the blade pitch in wind turbines to keep the robot blade moving with the operating limit as the wind speed changes. The wind turbine pitch system market analysis considers sales from both onshore and offshore segments. Our analysis also considers the sales of wind turbine pitch system in APAC, North America, South America, and EMEA. In 2018, the onshore segment had a significant market share, and this trend is expected to continue over the forecast period.

Factors such as the declining power prices on a global level will play a significant role in the onshore segment to maintain its market position. Also, our global wind turbine pitch system market report looks at factors such as the rising height and capacity of wind towers, decreasing LCOE of wind energy, and regulations pertaining to clean energy. However, the intermittent nature of wind energy, competition from alternative sources of energy, and growing R&D activities for developing AWES may hamper the growth of the wind turbine pitch system industry over the forecast period.

Global Wind Turbine Pitch System Market: Overview

Decreasing LCOE of wind energy

The LCOE of wind energy generation is declining due to factors such as the reducing operating and maintenance costs, increasing heights of wind infrastructure, and decrease in the cost of wind turbines. This has made wind-based power a reliable option for electricity generation and led to an increased number of wind turbine installations. Eventually, the adoption of wind turbine pitch systems will also increase and lead to the expansion of the global wind turbine pitch system market at a CAGR of over 4% during the forecast period.

Technological developments in onshore wind energy

The rapid technological advances in onshore wind energy production have improved the reliability and efficiency of the power generation from renewable sources of energy. This minimizes the levelized cost of energy, which, in turn, will have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global wind turbine pitch system market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind turbine pitch system manufacturers, that include ABB Ltd., Chengdu Haote Technology Co. Ltd., General Electric Co., Mita-Teknik AS, and Siemens AG.

Also, the wind turbine pitch system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • General Electric Co.
  • Mita-Teknik AS
  • Siemens AG.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Rising number of offshore wind farm installations
  • Technological developments in onshore wind energy
  • Growing adoption of nacelle-mounted LIDAR systems
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB Ltd.
  • Chengdu Haote Technology Co. Ltd.
  • General Electric Co.
  • Mita-Teknik AS
  • Siemens AG
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Product overview
Exhibit 02: Global power generation market
Exhibit 03: Segments of global power generation market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Onshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 22: Offshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 30: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 32: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
Exhibit 36: Key leading countries
Exhibit 37: Market opportunity
Exhibit 38: Impact of drivers and challenges
Exhibit 39: Vendor landscape
Exhibit 40: Landscape disruption
Exhibit 41: Vendors covered
Exhibit 42: Vendor classification
Exhibit 43: Market positioning of vendors
Exhibit 44: ABB Ltd. - Vendor overview
Exhibit 45: ABB Ltd. - Business segments
Exhibit 46: ABB Ltd. - Organizational developments
Exhibit 47: ABB Ltd. - Geographic focus
Exhibit 48: ABB Ltd. - Segment focus
Exhibit 49: ABB Ltd. - Key offerings
Exhibit 50: Chengdu Haote Technology Co. Ltd. - Vendor overview
Exhibit 51: Chengdu Haote Technology Co. Ltd. - Key offerings
Exhibit 52: General Electric Co. - Vendor overview
Exhibit 53: General Electric Co. - Business segments
Exhibit 54: General Electric Co. - Organizational developments
Exhibit 55: General Electric Co. - Geographic focus
Exhibit 56: General Electric Co. - Segment focus
Exhibit 57: General Electric Co. - Key offerings
Exhibit 58: Mita-Teknik AS - Vendor overview
Exhibit 59: Mita-Teknik AS - Organizational developments
Exhibit 60: Mita-Teknik AS - Key offerings
Exhibit 61: Siemens AG - Vendor overview
Exhibit 62: Siemens AG - Business segments
Exhibit 63: Siemens AG - Organizational developments
Exhibit 64: Siemens AG - Geographic focus
Exhibit 65: Siemens AG - Segment focus
Exhibit 66: Siemens AG - Key offerings
Exhibit 67: Validation techniques employed for market sizing
Exhibit 68: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • General Electric Co.
  • Mita-Teknik AS
  • Siemens AG.
  • MORE
The following companies are recognised as the key players in the global wind turbine pitch system market: ABB Ltd., Chengdu Haote Technology Co. Ltd., General Electric Co., Mita-Teknik AS, and Siemens AG.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the decreasing LCOE of wind energy.”

According to the report, one of the major drivers for this market is the technological developments in onshore wind energy.

Further, the report states that one of the major factors hindering the growth of this market is the intermittent nature of wind energy.

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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  • ABB Ltd.
  • Chengdu Haote Technology Co. Ltd.
  • General Electric Co.
  • Mita-Teknik AS
  • Siemens AG.
Note: Product cover images may vary from those shown
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