LONDON--(BUSINESS WIRE)--Technavio has announced its newest market research report on the global wind turbine gearbox market for the period 2018-2022, providing the latest cutting-edge insights on this growing market.
Technavio’s updated market research report will provide a detailed analysis and forecast of the wind turbine gearbox market. The report will include opportunities, driving factors, and trends that are influencing the global wind turbine gearbox market. It will also provide an insight into the factors that are impeding the growth of the market. The report will also analyze the market landscape wherein critical segments are benchmarked by the market size and growth rate, to help clients make informed decisions.
The updated research report on the global wind turbine gearbox market is an integral part of Technavio’s power portfolio. Technavio covers an extensive range of market research reports on the power sector, examining different regions and top industry segments. Some of the topics covered include portable generators, industrial wastewater treatment, concentrated solar power, and floating solar panels.
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Wind turbine gearbox: market at a glance
A gearbox is a part of a wind turbine which is used to step up the rotor speed to the generator speed. The gears in a gearbox connect the low-speed shaft to the high-speed shaft. This results in a high rotational speed of the generator shaft from the low rotational speed of the turbine blades.
In the previous report, a senior research analyst at Technavio stated, “The gearbox in a wind turbine does not change gears. It maintains a single-gear ratio between the rotation of the rotor and that of the generator. The gears in a wind turbine gearbox convert low speed and high torque to low torque and high speed. This high-speed shaft produces electricity inside the generator. The increased demand for wind power plants is a factor that has been contributing to the growth of the market.”
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Topics covered in the previous report included the following:
- New installations
- Replacement installations
- Market drivers
- Market challenges
- Market trends
- Competitive landscape
- And more
Using its previous analysis as a starting point, Technavio’s new report will re-evaluate the market with an eye for new developments in the field of wind turbine gearboxes, as well as external factors and new competitors. The power sector is evolving swiftly owing to the increased demand from many industries.
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