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.
- ISHIBASHI Manufacturing
- Nanjing High Accurate Drive Equipment Manufacturing Group
- 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
For more information about this report visit https://www.researchandmarkets.com/research/xld5lx/global_wind?w=4