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

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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!