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Global Direct Drive Wind Turbine Market to Grow at a CAGR of 11.52% during the period 2017-2021

02-20-2017 02:54 PM CET | Industry, Real Estate & Construction

Press release from: marketsizeforecasters.com

/ PR Agency: Market Size Forecasters
Global Direct Drive Wind Turbine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

The Report Announces the Publication of its Research Report – Global Direct Drive Wind Turbine Market 2017-2021

The Report recognizes the following companies as the key players in the global direct drive wind turbine market: ENERCON, GE Renewable Energy, Goldwind Science and Technology, Siemens, and VENSYS Energy.

Other Prominent Vendors in the market are: ABB, Anhui Hummer Dynamo, AVANTIS Energy, Bora Energy, Foshan Ouyad Electronic, Leitner AG, Mervento, Qingdao Hengfeng Wind Power Generator, Qingdao Richuan Precision Machinery, ReGen Powertech, and XEMC Windpower.

Commenting on Global Direct Drive Wind Turbine Market, an analyst team said: “One trend in market is favorable policy environment for energy transition. Governments of various countries are introducing many policy incentives to promote the use and generation of energy from the wind. This is because, the wind is considered as one of the cheapest renewable energy sources compared with other similar energy sources such as solar, nuclear, and even natural gas. Governments worldwide are realizing the potential and long-term benefits of using the wind energy. Within renewable energy sources, hydropower has been the most utilized so far. However, the last few years has had drastic weather changes in different parts of the world. Many countries have been struggling with droughts. This has spurred many governments to diversify their energy mix further.”

The Report analysts forecast the global direct drive wind turbine market to grow at a CAGR of 11.52% during the period 2017-2021.
Global Direct Drive Wind Turbine Market of 84 pages having tables and figures is available for purchase at
https://marketsizeforecasters.com/securecheckout/paymenta/5145?msfpaycode=sumsf
According to Global Direct Drive Wind Turbine Market, one driver in market is high failure rate of wind turbine components. The reliability on turbines is a pre-requisite for the effective generation of power from the wind energy. Any failure of components will negatively affect the functioning of the entire system. A wind turbine is built by integrating various technologies and components from aeronautics, hydraulics, automation, and other functions. Major components involved in power generation in a wind turbine include the gearbox, generator, electrical, nacelle, rotor blades, and yaw systems. These wind turbine components require regular maintenance to ensure safe and efficient operations.
Further, Global Direct Drive Wind Turbine Market states that one challenge in market is development of airborne wind turbines. Traditionally, a wind turbine is fixed atop a wind tower. The turbine is then connected to a rotor, blades, and other components to generate electricity from the wind. However, the wind does not blow evenly across all the areas. This has prompted plants to install taller wind towers, as the wind blows more consistently at higher speeds at greater heights. This increases the power output. The increased height of the tower also adds to the upfront cost, which is already a barrier for wind power generation. To overcome such problems a new class of wind turbines has been developed called the Airborne Wind Energy Systems (AWES). These turbines can capture wind energy at a significantly higher altitude. By design, these turbines do not require a tower to be fixed upon. They are tethered by wires or ropes that hold the turbine steady and transfer the electricity generated to the base station located on the ground. Therefore, the development of AWES and its adoption is expected to have a negative impact on the wind tower market, although not immediately, but at a later stage.
The listed pricing for this Global Direct Drive Wind Turbine Market report starts at $ 3500. Request Discount for Global Direct Drive Wind Turbine Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/5145
Table of Contents in Global Direct Drive Wind Turbine Market Research Report:

PART 04: Introduction
Key market highlights
Technological overview
Cost breakdown of wind turbine components
Wind turbine components
Wind turbine technology value chain
PART 05: Global Direct Drive Wind Turbine Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global direct drive wind turbine market by application
Onshore application
Offshore application
PART 07: Geographical segmentation
Global direct drive wind turbine market by geography
Direct drive wind turbine market in APAC
Direct drive wind turbine market in EMEA
Direct drive wind turbine market in Americas
PART 08: Global Direct Drive Wind Turbine Market drivers
Increasing R&D in direct drive generators for wind turbines
High failure rate of wind turbine components
Decline in LCOE of wind power generation

Request a sample copy of Global Direct Drive Wind Turbine Market Research Report @ https://marketsizeforecasters.com/get-sample/5145
Global Direct Drive Wind Turbine Market 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.
Browse full table of contents and data tables For Global Direct Drive Wind Turbine Market Report @ https://marketsizeforecasters.com/global-direct-drive-wind-turbine-market
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