Direct Drive Wind Turbine Market 2022 by Key Players - GE Renewable Energy, Goldwind Science & Technology, Leitwind AG, ENERCON GmbH, Xiangtan Electric Manufacturing Group, Emergya Wind Technologies B.V., VENSYS Energy AG

Market Synopsis of Global Direct Drive Wind Turbine

Market Research Future (MRFR) forecasts that the global direct drive wind turbine market is expected to grow phenomenally at approximately 11.5% CAGR during forecast period (2017-2022). Direct drive wind turbine is a mechanism where the gearbox is eliminated and the power is directly transferred from the motor without any reductions. The advantages of direct drive wind turbine are increased efficiency, reduced noise and higher torque with low rpm.
The rising demand for energy and increasing greenhouse gas emission has raised the significance of renewable energy sources such as wind energy, which will boost the growth of direct drive wind turbine market globally. Factors such as favorable government policies, growing concern for energy conservation and depleting fossil fuel reserves are expected to drive the global direct drive wind turbine market during the forecast period.

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Prominent Key Players

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

Industry Development

Siemens Gamesa Renewable Energy SA has recently confirmed that it has received a 235-MW wind turbine supply order for the Overturingen project in Sweden. The company will deliver, install and service 56 units of the SWT-DD-130 direct-drive wind turbine of 4.2 MW each, on a 155-metre hub height tower. The wind turbine will be built at a site in Ange community, situated between the cities of Sundsvall and Ostersund.

Study objectives of Global Direct Drive Wind Turbine Market
• To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the global direct drive wind turbine market
• To provide insights about factors affecting the market growth
• To analyze global direct drive wind turbine market based on various tools such as Price Analysis, Supply Chain Analysis, Porters Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies namely, Asia-Pacific, North America, Europe, & Rest of World, and their countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by capacity, by technology and by region
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global direct drive wind turbine market

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Market Segmentation

The global direct drive wind turbine market is segmented on the basis of capacity, technology and region.
The capacity is sub-segmented into less than 1MW, 1MW to 3MW, and more than 3MW. While on the basis of technology, the market is segmented on the basis of electrically excited synchronous generator and permanent magnet synchronous generator. The permanent magnet synchronous generator technology is anticipated to experience a significant growth over the forecast period due to the increase in offshore activities.

Regional Analysis

Europe is the leading market and is expected to grow at approximately XX% CAGR during the forecast period. It is due to countries such as Spain, U.K., France and Ireland, in the region that the investment is high in wind energy sector with favorable government regulations.
It is followed by Asia-Pacific due to the adoption of gearless wind turbines in the emerging nations such as China and India with growing energy needs in the region.

Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types

Geographic Analysis
• Geographical analysis across 15 countries

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