Press release
Direct Drive Wind Turbine Market Analysis, Top Key Players - GE Renewable Energy, Siemens AG, Goldwind Science & Tech. Leitwind AG, ENERCON GmbH, Emergya Wind Tech
Market HighlightsThe depletion of fossil fuel reserves has an alarming effect on the environment due to which the alternative renewable sources has gained immense importance. The wind energy is one of the cheapest renewable energy sources. So power generation from wind energy is done by harnessing the energy from the wind and is used to generate electricity from the harnessed power.
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. The Global Direct Drive Wind Turbine Market is projected to grow at approximately 11.5% CAGR and is estimated to touch USD XX billion by the end of 2022.
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.
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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.) and American Superconductor Corporation (U.S.) are some of the leading players operating in this market.
Regional Analysis of Global Direct Drive Wind Turbine Market
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.
LIST OF TABLES
TABLE 1 GLOBAL DIRECT DRIVE WIND TURBINE MARKET, BY CAPACITY
TABLE 2 GLOBAL DIRECT DRIVE WIND TURBINE MARKET, BY TECHNOLOGY
TABLE 4 GLOBAL DIRECT DRIVE WIND TURBINE MARKET, BY REGION
TABLE 5 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY CAPACITY
TABLE 6 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY TECHNOLOGY
TABLE 8 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY COUNTRY
TABLE 9 CHINA DIRECT DRIVE WIND TURBINE MARKET, BY CAPACITY
TABLE 10 CHINA DIRECT DRIVE WIND TURBINE MARKET, BY TECHNOLOGY
Continue………
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL DIRECT DRIVE WIND TURBINE MARKET: BY CAPACITY (%)
FIGURE 3 GLOBAL DIRECT DRIVE WIND TURBINE MARKET: BY TECHNOLOGY (%)
FIGURE 4 GLOBAL DIRECT DRIVE WIND TURBINE MARKET: BY REGION (%)
FIGURE 5 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY CAPACITY (%)
FIGURE 6 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY TECHNOLOGY (%)
FIGURE 7 ASIA-PACIFIC DIRECT DRIVE WIND TURBINE MARKET, BY COUNTRY (%)
FIGURE 8 NORTH AMERICA DIRECT DRIVE WIND TURBINE MARKET, BY CAPACITY (%)
FIGURE 9 NORTH AMERICA DIRECT DRIVE WIND TURBINE MARKET, BY TECHNOLOGY (%)
FIGURE 10 NORTH AMERICA DIRECT DRIVE WIND TURBINE MARKET, BY COUNTRY (%)
Continue……….
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