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The wind turbine bearing market is forecasted to grow by USD 13.20 billion during 2024-2029, accelerating at a CAGR of 12.4% during the forecast period. The report on the wind turbine bearing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decreasing levelized cost of electricity of wind energy, favorable government policies, and growth in wind turbine market.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The wind turbine bearing market is segmented as below:
By Application
- Onshore
- Offshore
By Product
- GBMB
- BBYBGB
By Material
- Steel
- Bronze and composites
- Ceramic
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the wind turbine bearing market covers the following areas:
- Wind Turbine Bearing Market sizing
- Wind Turbine Bearing Market forecast
- Wind Turbine Bearing Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Product
10 Market Segmentation by Material
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global wind turbine bearing market: AB SKF, Dalian Metallurgical Bearing Co. Ltd., Defontaine SAS, Fersa Bearings SA, Groupe Legris Industries, ILJIN Co. Ltd., IMO Holding GmbH, JTEKT Corp., Liebherr International AG, LYC Bearing Corp., NRB Bearings Ltd., NSK Ltd., NTN Corp., Schaeffler AG, Scheerer Bearing Corp., TFL BEARINGS Co. Ltd., The Timken Co., thyssenkrupp AG, Wafangdian Guangda Bearing Manufacturing Co. Ltd, and Zhejiang Tianma Bearing Group Co. Ltd.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in demand for wind turbine bearing with increasing onshore wind power installations."
According to the report, one of the major drivers for this market is the decreasing levelized cost of electricity 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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- Dalian Metallurgical Bearing Co. Ltd.
- Defontaine SAS
- Fersa Bearings SA
- Groupe Legris Industries
- ILJIN Co. Ltd.
- IMO Holding GmbH
- JTEKT Corp.
- Liebherr International AG
- LYC Bearing Corp.
- NRB Bearings Ltd.
- NSK Ltd.
- NTN Corp.
- Schaeffler AG
- Scheerer Bearing Corp.
- TFL BEARINGS Co. Ltd.
- The Timken Co.
- thyssenkrupp AG
- Wafangdian Guangda Bearing Manufacturing Co. Ltd
- Zhejiang Tianma Bearing Group Co. Ltd
