openPR Logo
Press release

Direct Drive Wind Turbine Market Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2017-2022

02-15-2018 12:06 PM CET | Energy & Environment

Press release from: Market Research Future

Market Highlights
Governments across the globe are realizing the potential and long-term benefits of using the wind energy. Favorable policies are introduced by the governments to help establish and sustain wind power against cheaper alternatives. This would improve the growth of the wind energy sector, thus marking immense potential for growth of the global direct drive wind turbine market. The growing concern for energy conservation with drastically increasing population can also be attributed to the growth of global direct drive wind power market.

The report has analyzed the market based on capacities, technologies and regions. Based on capacities, the market is segmented as less than 1MW, 1MW to 3MW and more than 3MW. Among the three, the 1 MW to 3 MW segment dominates the market with the highest share. Based on technologies, the market is further bifurcated as electrically excited synchronous generator and permanent magnet synchronous generator. With the increase in offshore activities, PMSG technology is expected to experience high growth during the forecast period. Europe, of all regions, has the largest market share based due to forefront investment countries such as Spain, U.K., Germany, Ireland and France. The global direct drive wind turbine market is expected to cross USD XX Billion Mark by the end of forecast period and is expected to grow approximately at 11.5% CAGR from 2016 to 2022.

Global Direct Drive Wind Turbine Market is predicted to grow approximately at 11.5% CAGR by 2022.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/2465

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.

Key Players
• 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.)
• American Superconductor Corporation (U.S.)

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.

Europe has the largest market share
Europe dominates the market and expected to grow approximately at XX% CAGR during the forecast period. The favorable governments regulations has resulted in increased investments in wind energy in the region.
Asia-Pacific is another lucrative market which is experiencing a rapid adoption of gearless wind turbines, especially from emerging economies in the region such as China and India.

Get Complete Report @ https://www.marketresearchfuture.com/reports/direct-drive-wind-turbine-market-2465

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Direct Drive Wind Turbine Market Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2017-2022 here

News-ID: 944895 • Views:

More Releases from Market Research Future

Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing Your Business with Market Size
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics. The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reaching USD 2.4 billion by 2030
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more. The Palm Methyl Ester Derivative Market Size was valued at USD 1.5
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 2032: Analysis by Segmentation, Competitors Analysis
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences. Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by Segmentation, Competitors Analysis
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further. APAC Wallpaper Market Size was valued at USD 0.55

All 5 Releases


More Releases for Mark

Impressionist landscape artist - Mark Briscoe
I am Mark Briscoe, Bristish artist well established in the field of Chinoiserie furniture decoration and restoration of antique lacquer. But the techniques for fine art easel painting in the wonderful manner of the old masters is something which I have been exploring in great earnest over the last two years as a long cherished desire. And while I cannot claim to have come anywhere near their heights, I have
Intellias Reaches 1000-Employee Mark
On June 4, 2018, Intellias welcomed its 1000th employee. The company is proud to reach such a high bar and sees this number as a new starting point to reaching 2000 people onboard and landing in the top 10 Ukrainian IT companies by headcount. As of today, Intellias has three development centers in Lviv, Kyiv, and Odessa as well as a representative office in Berlin. The 1000th employee will join
Global Data Destruction Software Market 2017 : Darik Horn, Apple, UCSD, Mark Lor …
Data Destruction Software Market 2017 A market study based on the " Data Destruction Software Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Data Destruction Software Market 2017’. The research report analyses the historical as well as present performance of the worldwide Data Destruction Software industry, and makes predictions on the future status of Data Destruction Software market on the basis of this
Mark de Clive-Lowe
On Thursday, May 3rd, 2012 internationally known musician Mark de Clive-Lowe (MdCL), will take the stage at The Beehive, located in Boston, MA, for a special performance of his revolutionary sound. Be there from 9:30PM to 1:00AM as MdCL plays impromptu remixes created from scratch, on the spot using drum machines, keyboards and special effects. He will start with a jazz-oriented set and crank up the intensity with his signature
Trade Mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients
Trade mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients