Jun 23, 2017   SOURCE: BusinessWire

Global Direct Drive Wind Turbine Market 2017-2021: Key vendors: Enercon, GE Renewable Energy, Goldwind Science and Technology, Siemens & Vensys Energy - Research and Markets

Research and Markets has announced the addition of the "Global Direct Drive Wind Turbine Market 2017-2021" report to their offering.

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 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.

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.

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.

Key Vendors:

  • ENERCON
  • GE Renewable Energy
  • Goldwind Science and Technology
  • Siemens
  • VENSYS Energy

Other Prominent Vendors:

  • 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
  • XEMC Windpower

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/87j6cf/global_direct