Wind Turbine Alternator - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Wind Turbine Alternator - Market
The global Wind Turbine Alternator market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Alternator in various end use industries. The expanding demands from the Shipping, Power Locomotive, Aerospace and Chemical Industry, are propelling Wind Turbine Alternator market. Unipolar, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Multipolar segment is estimated at % CAGR for the next seven-year period.

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According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Alternator, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

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Company Profiles:
• ABB
• Mersen
• CRRC
• NUOVA SACCARDO MOTORI
• VEM Group
• Enerset
• COMER S.r.l.

Segment by Type:
• Unipolar
• Multipolar

by Application
• Shipping
• Power Locomotive
• Aerospace
• Chemical Industry
• Other

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