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The direct drive wind turbine market is forecasted to grow by USD 89.9 billion during 2023-2028, accelerating at a CAGR of 18.65% during the forecast period. The report on the direct drive wind turbine 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 favorable government policies, rise in wind energy consumption, and reduction in cost for wind projects.
The direct drive wind turbine market is segmented as below:
By Application
- Onshore
- Offshore
By Capacity
- Less than 1MW
- 1MW to 3MW
- More than 3MW
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the direct drive wind turbine market covers the following areas:
- Direct drive wind turbine market sizing
- Direct drive wind turbine market forecast
- Direct drive wind turbine market industry analysis
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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Capacity
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global direct drive wind turbine market: ABB Ltd., Anhui Hummer Dynamo Co. Ltd., Bachmann electronic GmbH, Bora Energy, Emergya Wind Technologies BV, ENERCON GmbH, Extol Wind, Foshan Ouyad Electronic Co. Ltd., General Electric Co., Leitwind SPA, M Torres Disenos Industriales SAU, Mervento Power Technology AB, Northern Power Systems Srl, Qingdao Hengfeng Wind Power Generator Co. Ltd., ReGen Powertech Pvt. Ltd., Rockwell Automation Inc., Shanghai Electric Group Co., Siemens AG, XEMC Darwind BV, and Xinjiang Goldwind Science and Technology Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising number of offshore wind farm installations."
According to the report, one of the major drivers for this market is the favorable government policies.
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:
- ABB Ltd.
- Anhui Hummer Dynamo Co. Ltd.
- Bachmann electronic GmbH
- Bora Energy
- Emergya Wind Technologies BV
- ENERCON GmbH
- Extol Wind
- Foshan Ouyad Electronic Co. Ltd.
- General Electric Co.
- Leitwind SPA
- M Torres Disenos Industriales SAU
- Mervento Power Technology AB
- Northern Power Systems Srl
- Qingdao Hengfeng Wind Power Generator Co. Ltd.
- ReGen Powertech Pvt. Ltd.
- Rockwell Automation Inc.
- Shanghai Electric Group Co.
- Siemens AG
- XEMC Darwind BV
- Xinjiang Goldwind Science and Technology Co. Ltd.
