Aug 2, 2018   SOURCE: BusinessWire

Global Wind Turbine Gearbox Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 6.15% - ResearchAndMarkets.com

The "Global Wind Turbine Gearbox Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global wind turbine gearbox market to grow at a CAGR of 6.15% during the period 2018-2022.

A wind turbine gearbox is a component of wind turbines. It is used to amplify the input rotational speed from a lower speed rotor to a higher speed electrical generator. A common ratio between the low input and high output speed is about 1:90, with an input rate of 16.7 rpm from the rotor to 1,500 rpm output for the generator.

The report covers the present scenario and the growth prospects of the global wind turbine gearbox market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is growing repair and remanufacture market for wind turbine gearboxes. Gearboxes and gearing systems used in large-scale and critical applications such as wind power generation are often exposed to high loads and mechanical stresses, resulting in the quick erosion of components.

One driver in the market is rise in renewable energy consumption. Significant growth in the global renewable energy consumption has been witnessed between 2008 and 2017, with several countries committing greater resources toward renewable power generation.

The report states that one challenge in the market is high O&M cost of wind turbine gearboxes. Gearboxes maintenance is a major technical challenge and source of overhead expenses for wind farm operators, service providers, and vendors. The lifespan of a standard wind turbine around 20 years.

Companies Mentioned

  • ISHIBASHI Manufacturing
  • Moventas
  • Nanjing High Accurate Drive Equipment Manufacturing Group
  • Siemens
  • ZF Friedrichshafen

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Installation Type

08. Regional Landscape

09. Decision Framework

10. Drivers And Challenges

11. Market Trends

12. Vendor Landscape

13. Vendor Analysis

14. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/xld5lx/global_wind?w=4