10.08.2016 Views

Direct Drive Wind Turbine Market size in terms of volume and value 2015-2025

Future Market Insights has announced the addition of the “Direct Drive Wind Turbine Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

Future Market Insights has announced the addition of the “Direct Drive Wind Turbine Market: Global Industry Analysis and Opportunity Assessment 2015-2025” report to their offering.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Global <strong>Direct</strong> <strong>Drive</strong><br />

<strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong><br />

<strong>Market</strong><br />

Share, Global Trends,<br />

Analysis, Research, Report,<br />

Opportunities,<br />

Segmentation <strong>and</strong> Forecast,<br />

<strong>2015</strong>-<strong>2025</strong><br />

Future <strong>Market</strong> Insights<br />

www.futuremarket<strong>in</strong>sights.com<br />

sales@futuremarket<strong>in</strong>sights.com


Future <strong>Market</strong> Insights (FMI) is a premier provider <strong>of</strong> syndicated research reports, custom research reports, <strong>and</strong> consult<strong>in</strong>g<br />

services. We deliver a complete packaged solution, which comb<strong>in</strong>es current market <strong>in</strong>telligence, statistical anecdotes,<br />

technology <strong>in</strong>puts, valuable growth <strong>in</strong>sights, aerial view <strong>of</strong> the competitive framework, <strong>and</strong> future market trends.<br />

We provide research services at a global as well as regional level; key regions <strong>in</strong>clude GCC, ASEAN, <strong>and</strong> BRIC.<br />

Our <strong>of</strong>fer<strong>in</strong>gs cover a broad spectrum <strong>of</strong> <strong>in</strong>dustries <strong>in</strong>clud<strong>in</strong>g Chemicals, Materials, Energy, Technology, Healthcare, <strong>and</strong><br />

Retail.<br />

We have a global presence with delivery centers across India specializ<strong>in</strong>g <strong>in</strong> provid<strong>in</strong>g global research reports <strong>and</strong> country<br />

research reports. FMI is headquartered out <strong>of</strong> London, U.K., with a state-<strong>of</strong>-the-art delivery center located <strong>in</strong> Pune, India.<br />

We comb<strong>in</strong>e our knowledge <strong>and</strong> learn<strong>in</strong>g from every corner <strong>of</strong> the world to distill it to one th<strong>in</strong>g – the perfect solution for<br />

our client.<br />

Research Capabilities<br />

• Customized Research<br />

• Syndicated Research<br />

• Investment Research<br />

• Social Media Research<br />

Sector Coverage<br />

• Automotive <strong>and</strong> Transportation<br />

• Electronics, Semiconductor, <strong>and</strong> ICT<br />

• Retail <strong>and</strong> Consumer Products<br />

• Industrial Automation <strong>and</strong> Equipment<br />

• Chemicals & Materials<br />

• Food <strong>and</strong> Beverages<br />

• Services <strong>and</strong> Utilities<br />

• Energy, M<strong>in</strong><strong>in</strong>g, Oil, <strong>and</strong> Gas<br />

Customized<br />

Research<br />

Syndicated<br />

Research<br />

Investment<br />

Research<br />

Social Media<br />

Research<br />

Subscription Information<br />

For detailed subscription <strong>in</strong>formation please contact<br />

Hari. T (Sr. Manager - Global Bus<strong>in</strong>ess Development)<br />

T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />

Email: hari.t@futuremarket<strong>in</strong>sights.com


Report Description<br />

<strong>W<strong>in</strong>d</strong> is one the fastest-grow<strong>in</strong>g energy sources <strong>in</strong> the world. With the accelerat<strong>in</strong>g<br />

electricity consumption <strong>and</strong> <strong>in</strong>creas<strong>in</strong>g threat from the green-house effect <strong>and</strong><br />

consequential environmental degradation, all the <strong>in</strong>dustries are stepp<strong>in</strong>g forward <strong>in</strong>to the<br />

reduction <strong>of</strong> energy consumption <strong>and</strong> loss <strong>of</strong> energy. Though <strong>in</strong>creas<strong>in</strong>g the energy<br />

production will meet the dem<strong>and</strong> but it will lead to <strong>in</strong>creased stra<strong>in</strong> on non-renewable<br />

energy sources <strong>and</strong> hence the environment. Commercially more than 80 countries are<br />

now utiliz<strong>in</strong>g the w<strong>in</strong>d energy for electricity-generation. Technological developments<br />

have made it possible for more effective <strong>and</strong> reliable equipment <strong>and</strong> mach<strong>in</strong>ery, which<br />

has resulted <strong>in</strong> the growth <strong>of</strong> the w<strong>in</strong>d energy market.<br />

Traditionally the electricity generation from w<strong>in</strong>d energy was made possible by gearboxoperated<br />

w<strong>in</strong>d turb<strong>in</strong>es. In the gearbox-operated w<strong>in</strong>d turb<strong>in</strong>es, the shaft is connected<br />

through a gearbox to the generator. This makes the gearbox as the highest-ma<strong>in</strong>tenance<br />

part <strong>of</strong> a w<strong>in</strong>d turb<strong>in</strong>e, as it consists <strong>of</strong> multiple wheels <strong>and</strong> bear<strong>in</strong>gs; due to which it<br />

suffers from tremendous stress because <strong>of</strong> w<strong>in</strong>d turbulence. Any defect <strong>in</strong> a s<strong>in</strong>gle<br />

component can halt the function<strong>in</strong>g <strong>of</strong> the w<strong>in</strong>d turb<strong>in</strong>e. In <strong>of</strong>fshore turb<strong>in</strong>es, the<br />

gearboxes have to withst<strong>and</strong> faster w<strong>in</strong>d speeds; mak<strong>in</strong>g it even more vulnerable than<br />

those <strong>in</strong> onshore turb<strong>in</strong>es. Technically, removal <strong>of</strong> the gearbox from the w<strong>in</strong>d turb<strong>in</strong>e will<br />

elim<strong>in</strong>ate the most complicated part <strong>of</strong> the mach<strong>in</strong>e. This will result <strong>in</strong> improved<br />

reliability by cutt<strong>in</strong>g downtime <strong>and</strong> repair costs; which is an especially important<br />

consideration for <strong>of</strong>fshore turb<strong>in</strong>es, where it’s quite expensive to send technicians for the<br />

ma<strong>in</strong>tenance. But us<strong>in</strong>g direct drive <strong>in</strong>stead <strong>of</strong> a gearbox system has its own challenges<br />

namely cost <strong>and</strong> weight concerns.


Report Description<br />

<strong>W<strong>in</strong>d</strong> turb<strong>in</strong>e manufacturers have been f<strong>in</strong>d<strong>in</strong>g out ways to make direct drive w<strong>in</strong>d<br />

turb<strong>in</strong>es competitive with gearbox-operated w<strong>in</strong>d turb<strong>in</strong>es. <strong>Direct</strong> drive w<strong>in</strong>d turb<strong>in</strong>es is<br />

ga<strong>in</strong><strong>in</strong>g significance due to its design, which is less complex than the gearbox technology,<br />

lead<strong>in</strong>g to easier operations <strong>and</strong> ma<strong>in</strong>tenance. This appeal has made direct drive<br />

especially favorable for use <strong>in</strong> <strong>of</strong>fshore applications.<br />

Request for sample report: http://www.futuremarket<strong>in</strong>sights.com/reports/sample/repgb-944<br />

<strong>Direct</strong> <strong>Drive</strong> <strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong> <strong>Market</strong>: <strong>Drive</strong>rs & Restra<strong>in</strong>ts<br />

Deplet<strong>in</strong>g fossil fuel reserves, grow<strong>in</strong>g environmental sensitivity, decl<strong>in</strong><strong>in</strong>g cost <strong>of</strong> w<strong>in</strong>d<br />

power generation <strong>and</strong> f<strong>in</strong>ancial support from various governments across the globe, <strong>and</strong><br />

grow<strong>in</strong>g concern for energy conservation are the key factors driv<strong>in</strong>g the growth <strong>of</strong> direct<br />

drive w<strong>in</strong>d turb<strong>in</strong>e market.<br />

<strong>W<strong>in</strong>d</strong> farms are capital-<strong>in</strong>tensive projects which require substantial <strong>in</strong>vestments. These<br />

projects can only be f<strong>in</strong>anced by large utilities <strong>and</strong> <strong>in</strong>vestment groups. Shortage <strong>of</strong> skilled<br />

labor <strong>and</strong> <strong>in</strong>itial cost <strong>of</strong> <strong>in</strong>stallation constra<strong>in</strong>s the growth <strong>of</strong> direct drive w<strong>in</strong>d turb<strong>in</strong>e<br />

market.<br />

<strong>Direct</strong> <strong>Drive</strong> <strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong> <strong>Market</strong>: Segmentation<br />

The global direct drive w<strong>in</strong>d turb<strong>in</strong>e market is broadly classified on the basis <strong>of</strong><br />

generator’s mode <strong>of</strong> operation, w<strong>in</strong>d turb<strong>in</strong>e capacity <strong>and</strong> geographies.


Report Description<br />

On the basis <strong>of</strong> generator’s mode <strong>of</strong> operation, the direct drive w<strong>in</strong>d turb<strong>in</strong>e market is<br />

segmented <strong>in</strong>to:<br />

Permanent magnet synchronous generator<br />

Electrically excited synchronous generator<br />

On the basis <strong>of</strong> capacity, the direct drive w<strong>in</strong>d turb<strong>in</strong>e market is segmented <strong>in</strong>to:<br />

Small-<strong>size</strong>d direct drive w<strong>in</strong>d turb<strong>in</strong>e<br />

Mid-<strong>size</strong>d direct drive w<strong>in</strong>d turb<strong>in</strong>e<br />

Large-<strong>size</strong>d direct drive w<strong>in</strong>d turb<strong>in</strong>e<br />

<strong>Direct</strong> <strong>Drive</strong> <strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong> <strong>Market</strong>: Overview<br />

US, Germany, Ch<strong>in</strong>a, Spa<strong>in</strong> <strong>and</strong> India collectively account for more than 50% share <strong>of</strong> the<br />

global <strong>in</strong>stalled base. Emerg<strong>in</strong>g markets like Asia Pacific <strong>and</strong> Eastern Europe will ga<strong>in</strong><br />

considerable market share dur<strong>in</strong>g the forecast period. Lat<strong>in</strong> America is a nascent market.<br />

Rapid technological advancements, improvements <strong>in</strong> the generator technology along<br />

with the strong economic growth <strong>and</strong> governmental <strong>in</strong>itiatives will lead the direct drive<br />

w<strong>in</strong>d turb<strong>in</strong>emarket to exp<strong>and</strong> at a robust CAGR dur<strong>in</strong>g the forecast period (<strong>2015</strong>-<strong>2025</strong>).


Report Description<br />

Request for TOC: http://www.futuremarket<strong>in</strong>sights.com/toc/rep-gb-944<br />

<strong>Direct</strong> <strong>Drive</strong> <strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong> <strong>Market</strong>: Region-wise Outlook<br />

The direct drive w<strong>in</strong>d turb<strong>in</strong>e market is expected to register a double-digit CAGR for the<br />

forecast period. Depend<strong>in</strong>g on geographic regions, direct drive w<strong>in</strong>d turb<strong>in</strong>e market is<br />

segmented <strong>in</strong>to seven key regions: North America, South America, Eastern Europe,<br />

Western Europe, Asia Pacific, Japan, <strong>and</strong> Middle East & Africa. As <strong>of</strong> <strong>2015</strong>, North America<br />

<strong>and</strong> Western Europe dom<strong>in</strong>ated the direct drive w<strong>in</strong>d turb<strong>in</strong>emarket <strong>in</strong> <strong>terms</strong> <strong>of</strong> market<br />

revenue. Asia Pacific & Japan are projected to exp<strong>and</strong> at a substantial growth <strong>and</strong> will<br />

contribute to the direct drive w<strong>in</strong>d turb<strong>in</strong>emarket <strong>value</strong> exhibit<strong>in</strong>g a robust CAGR dur<strong>in</strong>g<br />

the forecast period, <strong>2015</strong>?<strong>2025</strong>.<br />

<strong>Direct</strong> <strong>Drive</strong> <strong>W<strong>in</strong>d</strong> <strong>Turb<strong>in</strong>e</strong> <strong>Market</strong>: Key Players<br />

Some <strong>of</strong> the key market players <strong>in</strong> direct drive w<strong>in</strong>d turb<strong>in</strong>emarket are Siemens AG,<br />

General Electric, Rockwell Automation Inc, Bachmann electronic GmbH <strong>and</strong> ABB.


Thank You!<br />

To know more about us, please visit our website:<br />

www.futuremarket<strong>in</strong>sights.com<br />

For sales queries or new topics email us on:<br />

sales@futuremarket<strong>in</strong>sights.com<br />

Future <strong>Market</strong> Insights: 616 Corporate Way, Suite 2-9018,<br />

Valley Cottage, NY 10989, United States<br />

T: +1-347-918-3531 | D: +1-845-579-5705

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!