Energy & Green Renewable Technology Market News

New study: Wind turbine gearbox market to grow at 3% CAGR to 2020

Global Wind Turbine Gearbox Market 2016-2020, 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.

Global Wind Turbine Gearbox Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

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

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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.

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

Americas
APAC
EMEA

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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 driver

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

Market challenge

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

Market trend

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