Press release
Global Wind Turbine Gearbox Market to grow at a CAGR of 3% during Forecast 2016-2020
Albany, NY, March 17, 2017: 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 global wind turbine gearbox market to grow at a CAGR of 3% with respect to installation capacity during the period 2016-2020. The 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.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Thoracic Surgery Market 2016-2020, 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.
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
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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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About Wind Turbine Gearbox
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…
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