Direct Drive Wind Turbine Market Top Leading Key Players: GE Renewable Energy (U.S.), Siemens AG (Germany), Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy)

Market Highlights:-

The depletion of fossil fuel reserves has an alarming effect on the environment due to which the alternative renewable sources has gained immense importance. The wind energy is one of the cheapest renewable energy sources. So power generation from wind energy is done by harnessing the energy from the wind and is used to generate electricity from the harnessed power.

Governments across the globe are trying to promote green and clean energy usage. The availability of financial subsidies from governments is expected to drive the market. However, huge initial investments and shortage of skilled labor are the major restraints for the market growth.

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Industry Top Key Players:-

The key players of the global direct drive wind turbine market are GE Renewable Energy (U.S.), Siemens AG (Germany), Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy), ENERCON GmbH (Germany), Xiangtan Electric Manufacturing Group (China), Emergya Wind Technologies B.V (The Netherlands), VENSYS Energy AG (Germany), Windtronics LLC (U.S.) and American Superconductor Corporation (U.S.).

Market Research Analysis:-

Based on capacities, the market is segmented as less than 1MW, 1MW to 3MW and more than 3MW. In which, the 1MW to 3MW segment is projected to drive the market.
Based on technologies, the market is segmented as electrically excited synchronous generator and permanent magnet synchronous generator, with the latter being projected to account for the largest market share due to its light weight feature and offshore application.
Among regions, Europe is expected to dominate the global direct drive wind turbine market with the highest CAGR owing to increased investments in wind energy sector.

Scope of the Report:-

This study provides an overview of the global direct drive wind turbine market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global direct drive wind turbine market by its capacity, technology and region.

By Capacity
• Less than 1MW
• 1MW to 3MW
• More than 3MW

By Technology
• Electrically Excited Synchronous Generator (EESG)
• Permanent Magnet Synchronous Generator (PMSG)

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By Region
• Asia Pacific
• North America
• Europe
• Rest of World

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