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Global Direct Drive
Wind Turbine
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015-2025
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Report
Description
Report Description
Wind is one the fastest-growing energy sources in the world. With the accelerating
electricity consumption and increasing threat from the green-house effect and
consequential environmental degradation, all the industries are stepping forward into the
reduction of energy consumption and loss of energy. Though increasing the energy
production will meet the demand but it will lead to increased strain on non-renewable
energy sources and hence the environment. Commercially more than 80 countries are
now utilizing the wind energy for electricity-generation. Technological developments
have made it possible for more effective and reliable equipment and machinery, which
has resulted in the growth of the wind energy market.
Traditionally the electricity generation from wind energy was made possible by gearboxoperated wind turbines. In the gearbox-operated wind turbines, the shaft is connected
through a gearbox to the generator. This makes the gearbox as the highest-maintenance
part of a wind turbine, as it consists of multiple wheels and bearings; due to which it
suffers from tremendous stress because of wind turbulence. Any defect in a single
component can halt the functioning of the wind turbine. In offshore turbines, the
gearboxes have to withstand faster wind speeds; making it even more vulnerable than
those in onshore turbines. Technically, removal of the gearbox from the wind turbine will
eliminate the most complicated part of the machine. This will result in improved
reliability by cutting downtime and repair costs; which is an especially important
consideration for offshore turbines, where it’s quite expensive to send technicians for the
maintenance. But using direct drive instead of a gearbox system has its own challenges
namely cost and weight concerns.
Report
Description
Report Description
Wind turbine manufacturers have been finding out ways to make direct drive wind
turbines competitive with gearbox-operated wind turbines. Direct drive wind turbines is
gaining significance due to its design, which is less complex than the gearbox technology,
leading to easier operations and maintenance. This appeal has made direct drive
especially favorable for use in offshore applications.
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Direct Drive Wind Turbine Market: Drivers & Restraints
Depleting fossil fuel reserves, growing environmental sensitivity, declining cost of wind
power generation and financial support from various governments across the globe, and
growing concern for energy conservation are the key factors driving the growth of direct
drive wind turbine market.
Wind farms are capital-intensive projects which require substantial investments. These
projects can only be financed by large utilities and investment groups. Shortage of skilled
labor and initial cost of installation constrains the growth of direct drive wind turbine
market.
Direct Drive Wind Turbine Market: Segmentation
The global direct drive wind turbine market is broadly classified on the basis of
generator’s mode of operation, wind turbine capacity and geographies.
Report
Description
Report Description
On the basis of generator’s mode of operation, the direct drive wind turbine market is
segmented into:
Permanent magnet synchronous generator
Electrically excited synchronous generator
On the basis of capacity, the direct drive wind turbine market is segmented into:
Small-sized direct drive wind turbine
Mid-sized direct drive wind turbine
Large-sized direct drive wind turbine
Direct Drive Wind Turbine Market: Overview
US, Germany, China, Spain and India collectively account for more than 50% share of the
global installed base. Emerging markets like Asia Pacific and Eastern Europe will gain
considerable market share during the forecast period. Latin America is a nascent market.
Rapid technological advancements, improvements in the generator technology along
with the strong economic growth and governmental initiatives will lead the direct drive
wind turbinemarket to expand at a robust CAGR during the forecast period (2015-2025).
Report
Description
Report Description
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Direct Drive Wind Turbine Market: Region-wise Outlook
The direct drive wind turbine market is expected to register a double-digit CAGR for the
forecast period. Depending on geographic regions, direct drive wind turbine market is
segmented into seven key regions: North America, South America, Eastern Europe,
Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America
and Western Europe dominated the direct drive wind turbinemarket in terms of market
revenue. Asia Pacific & Japan are projected to expand at a substantial growth and will
contribute to the direct drive wind turbinemarket value exhibiting a robust CAGR during
the forecast period, 2015?2025.
Direct Drive Wind Turbine Market: Key Players
Some of the key market players in direct drive wind turbinemarket are Siemens AG,
General Electric, Rockwell Automation Inc, Bachmann electronic GmbH and ABB.
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