Press release
Global Direct Drive Wind Turbine Market is projected to grow at approximately 11.5% CAGR by the end of 2022
Global Direct Drive Wind Turbine Market by Capacity (Less than 1MW, 1MW to 3MW, More than 3MW), by Technology (Electrically Excited Synchronous Generator and Permanent Magnet Synchronous Generator), by Region (Asia-Pacific, North America, Europe, Rest of World) - Forecast to 2022Market Synopsis of Global Direct Drive Wind Turbine
Direct drive wind turbine is a mechanism where the gearbox is eliminated and the power is directly transferred from the motor without any reductions. The advantages of direct drive wind turbine are increased efficiency, reduced noise and higher torque with low rpm.
The rising demand for energy and increasing greenhouse gas emission has raised the significance of renewable energy sources such as wind energy, which will boost the growth of direct drive wind turbine market globally. Factors such as favorable government policies, growing concern for energy conservation and depleting fossil fuel reserves are expected to drive the global direct drive wind turbine market during the forecast period.
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The global direct drive wind turbine market is projected to grow at approximately 11.5% CAGR and is estimated to touch USD XX billion by the end of 2022.
Study objectives of Global Direct Drive Wind Turbine Market
• To provide detailed analysis of the market structure along with forecast for the next ten years of various segments and sub-segments of the global direct drive wind turbine market
• To provide insights about factors affecting the market growth
• To analyze global direct drive wind turbine market based on various tools such as Price Analysis, Supply Chain Analysis, Porters Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies namely, Asia-Pacific, North America, Europe, & Rest of World, and their countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by capacity, by technology and by region
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global direct drive wind turbine market
Regional Analysis of Global Direct Drive Wind Turbine Market
Europe is the leading market and is expected to grow at approximately XX% CAGR during the forecast period. It is due to countries such as Spain, U.K., France and Ireland, in the region that the investment is high in wind energy sector with favorable government regulations.
It is followed by Asia-Pacific due to the adoption of gearless wind turbines in the emerging nations such as China and India with growing energy needs in the region.
Key Players
GE Renewable Energy (U.S.), Siemens AG (Germany), Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy), ENERCON GmbH (Germany), Xiangtan Electric Manufacturing Group (China), Emergya Wind Technologies B.V. (The Netherlands), VENSYS Energy AG (Germany), Windtronics LLC (U.S.) and American Superconductor Corporation (U.S.) are some of the leading players operating in this market.
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Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
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The report for Global Direct Drive Wind Turbine Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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