World economic growth, the Wind Turbine Gearbox industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Wind Turbine Gearbox market size to maintain the average annual growth rate of 0.0305404795632 from 3450.0 million $ in 2019 to 4010.0 million $ in 2026, Stratagem Market Insights analysts believe that in the next few years, Wind Turbine Gearbox market size will be further expanded, we expect that by 2023, The market size of the Wind Turbine Gearbox will reach 5780.0 million $.
Increasing wind energy generation is expected to propel growth of the global wind turbine gearbox market over the forecast period. For instance, according to the U.K.’s Department for Business, Energy and Industrial Strategy, wind generated 30% of the UK’s power in the first quarter of 2020, more than the previous record of 22.3% set in the fourth quarter of 2019, with 15.2% coming from offshore capacity and 14.7% from onshore.
Government initiatives to boost production of hydrogen using wind and solar power is expected to offer lucrative growth opportunities for players in the global wind turbine gearbox market. For instance, in May 2020, The Australian Renewable Energy Agency granted US$ 1.11 million to a feasibility study of BP Plc for producing hydrogen using wind and solar power.
Moreover, regional initiatives to boost domestic manufacturing in the wind energy sector is also expected to aid in growth of the global wind turbine gearbox market. For instance, in August 2020, the Government of India launched 'Aatmanirbhar Bharat' an initiative to boost domestic manufacturing in the wind and all other sectors. Moreover, The Andhra Pradesh Renewable Energy Export Policy, 2020, was announced to attract private investments for establishing solar/wind/wind-solar hybrid projects on a massive scale.
Major players in the global wind turbine gearbox market are focused on geographical expansion to enhance their market share. For instance, in November 2019, NGC Transmission Chennai, a Wind Main Gearbox Production Factory of NGC Group, held its groundbreaking ceremony in industrial zone of Sri City, Chennai, India.
Major players in the global wind turbine gearbox market are focused on gaining contracts to enhance their market share. For instance, in September 2020, Siemens Gamesa Renewable Energy was awarded two new onshore wind project sites in the state of Texas, U.S., with a total installed capacity of 325 MW.
Major players in the market are also focused on adopting partnership strategies to enhance their market share. For instance, in September 2019, Moventas Gears Oy partnered with Danish Wind Power Academy to offer turbine and gearbox expert training.
Key Takeaways
- Increasing wind energy generation is expected to propel growth of the global wind turbine gearbox market over the forecast period
- Major players in the global wind turbine gearbox market are focused on adopting partnership strategies to enhance their market share. For instance, in February 2020, Moventas Gears Oy joined The INNTERESTING project, a consortium that brings together eight partners from three European countries in order to accelerate wind energy technology development and to extend the lifetime of wind turbine components by developing innovative virtual and hybrid testing methods for prototype validation of pitch bearing and gearbox components.
- Major players operating in the global wind turbine gearbox market include, Siemens Gamesa Renewable Energy, S.A, China High Speed Transmission Equipment Group Co., Ltd. (NGC Group), ZF Wind Power, Moventas Gears Oy, Voith GmbH & Co. KGaA, and General Electric
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the World, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information,
Section 1: Definition
Section (2 3): Manufacturer Detail
Siemens
China Transmission
ZF
Moventas
VOITH
Allen Gears
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
1.5 MW-3 MW
<1.5MW
>3 MW
Industry Segmentation
In-land
Off-shore
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2026-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Table of Contents
Section 1 Wind Turbine Gearbox Product Definition
Section 2 Global Wind Turbine Gearbox Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Wind Turbine Gearbox Shipments
2.2 Global Manufacturer Wind Turbine Gearbox Business Revenue
2.3 Global Wind Turbine Gearbox Market Overview
Section 3 Manufacturer Wind Turbine Gearbox Business Introduction
3.1 Siemens Wind Turbine Gearbox Business Introduction
3.1.1 Siemens Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Siemens Wind Turbine Gearbox Business Distribution by Region
3.1.3 Siemens Interview Record
3.1.4 Siemens Wind Turbine Gearbox Business Profile
3.1.5 Siemens Wind Turbine Gearbox Product Specification
3.2 China Transmission Wind Turbine Gearbox Business Introduction
3.2.1 China Transmission Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
3.2.2 China Transmission Wind Turbine Gearbox Business Distribution by Region
3.2.3 Interview Record
3.2.4 China Transmission Wind Turbine Gearbox Business Overview
3.2.5 China Transmission Wind Turbine Gearbox Product Specification
3.3 ZF Wind Turbine Gearbox Business Introduction
3.3.1 ZF Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
3.3.2 ZF Wind Turbine Gearbox Business Distribution by Region
3.3.3 Interview Record
3.3.4 ZF Wind Turbine Gearbox Business Overview
3.3.5 ZF Wind Turbine Gearbox Product Specification
3.4 Moventas Wind Turbine Gearbox Business Introduction
3.5 VOITH Wind Turbine Gearbox Business Introduction
3.6 Allen Gears Wind Turbine Gearbox Business Introduction
…
Section 4 Global Wind Turbine Gearbox Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.1.2 Canada Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.2 South America Country
4.2.1 South America Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.3 Asia Country
4.3.1 China Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.3.2 Japan Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.3.3 India Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.3.4 Korea Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.4 Europe Country
4.4.1 Germany Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.4.2 UK Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.4.3 France Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.4.4 Italy Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.4.5 Europe Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.5 Other Country and Region
4.5.1 Middle East Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.5.2 Africa Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.5.3 GCC Wind Turbine Gearbox Market Size and Price Analysis 2014-2018
4.6 Global Wind Turbine Gearbox Market Segmentation (Region Level) Analysis 2014-2018
4.7 Global Wind Turbine Gearbox Market Segmentation (Region Level) Analysis
Section 5 Global Wind Turbine Gearbox Market Segmentation (Product Type Level)
5.1 Global Wind Turbine Gearbox Market Segmentation (Product Type Level) Market Size 2014-2018
5.2 Different Wind Turbine Gearbox Product Type Price 2014-2018
5.3 Global Wind Turbine Gearbox Market Segmentation (Product Type Level) Analysis
Section 6 Global Wind Turbine Gearbox Market Segmentation (Industry Level)
6.1 Global Wind Turbine Gearbox Market Segmentation (Industry Level) Market Size 2014-2018
6.2 Different Industry Price 2014-2018
6.3 Global Wind Turbine Gearbox Market Segmentation (Industry Level) Analysis
Section 7 Global Wind Turbine Gearbox Market Segmentation (Channel Level)
7.1 Global Wind Turbine Gearbox Market Segmentation (Channel Level) Sales Volume and Share 2014-2018
7.2 Global Wind Turbine Gearbox Market Segmentation (Channel Level) Analysis
Section 8 Wind Turbine Gearbox Market Forecast 2018-2023
8.1 Wind Turbine Gearbox Segmentation Market Forecast (Region Level)
8.2 Wind Turbine Gearbox Segmentation Market Forecast (Product Type Level)
8.3 Wind Turbine Gearbox Segmentation Market Forecast (Industry Level)
8.4 Wind Turbine Gearbox Segmentation Market Forecast (Channel Level)
Section 9 Wind Turbine Gearbox Segmentation Product Type
9.1 1.5 MW-3 MW Product Introduction
9.2 <1.5MW Product Introduction
9.3 >3 MW Product Introduction
Section 10 Wind Turbine Gearbox Segmentation Industry
10.1 In-land Clients
10.2 Off-shore Clients
Section 11 Wind Turbine Gearbox Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure Wind Turbine Gearbox Product Picture from Siemens
Chart 2014-2018 Global Manufacturer Wind Turbine Gearbox Shipments (Units)
Chart 2014-2018 Global Manufacturer Wind Turbine Gearbox Shipments Share
Chart 2014-2018 Global Manufacturer Wind Turbine Gearbox Business Revenue (Million USD)
Chart 2014-2018 Global Manufacturer Wind Turbine Gearbox Business Revenue Share
Chart Siemens Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
Chart Siemens Wind Turbine Gearbox Business Distribution
Chart Siemens Interview Record (Partly)
Figure Siemens Wind Turbine Gearbox Product Picture
Chart Siemens Wind Turbine Gearbox Business Profile
Table Siemens Wind Turbine Gearbox Product Specification
Chart China Transmission Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
Chart China Transmission Wind Turbine Gearbox Business Distribution
Chart China Transmission Interview Record (Partly)
Figure China Transmission Wind Turbine Gearbox Product Picture
Chart China Transmission Wind Turbine Gearbox Business Overview
Table China Transmission Wind Turbine Gearbox Product Specification
Chart ZF Wind Turbine Gearbox Shipments, Price, Revenue and Gross profit 2014-2018
Chart ZF Wind Turbine Gearbox Business Distribution
Chart ZF Interview Record (Partly)
Figure ZF Wind Turbine Gearbox Product Picture
Chart ZF Wind Turbine Gearbox Business Overview
Table ZF Wind Turbine Gearbox Product Specification
3.4 Moventas Wind Turbine Gearbox Business Introduction
…
Chart United States Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart United States Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Canada Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Canada Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart South America Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart South America Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart China Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart China Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Japan Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Japan Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart India Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart India Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Korea Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Korea Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Germany Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Germany Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart UK Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart UK Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart France Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart France Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Italy Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Italy Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Europe Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Europe Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Middle East Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Middle East Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Africa Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Africa Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart GCC Wind Turbine Gearbox Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart GCC Wind Turbine Gearbox Sales Price ($/Unit) 2014-2018
Chart Global Wind Turbine Gearbox Market Segmentation (Region Level) Sales Volume 2014-2018
Chart Global Wind Turbine Gearbox Market Segmentation (Region Level) Market size 2014-2018
Chart Wind Turbine Gearbox Market Segmentation (Product Type Level) Volume (Units) 2014-2018
Chart Wind Turbine Gearbox Market Segmentation (Product Type Level) Market Size (Million $) 2014-2018
Chart Different Wind Turbine Gearbox Product Type Price ($/Unit) 2014-2018
Chart Wind Turbine Gearbox Market Segmentation (Industry Level) Market Size (Volume) 2014-2018
Chart Wind Turbine Gearbox Market Segmentation (Industry Level) Market Size (Share) 2014-2018
Chart Wind Turbine Gearbox Market Segmentation (Industry Level) Market Size (Value) 2014-2018
Chart Global Wind Turbine Gearbox Market Segmentation (Channel Level) Sales Volume (Units) 2014-2018
Chart Global Wind Turbine Gearbox Market Segmentation (Channel Level) Share 2014-2018
Chart Wind Turbine Gearbox Segmentation Market Forecast (Region Level) 2018-2023
Chart Wind Turbine Gearbox Segmentation Market Forecast (Product Type Level) 2018-2023
Chart Wind Turbine Gearbox Segmentation Market Forecast (Industry Level) 2018-2023
Chart Wind Turbine Gearbox Segmentation Market Forecast (Channel Level) 2018-2023
Chart 1.5 MW-3 MW Product Figure
Chart 1.5 MW-3 MW Product Advantage and Disadvantage Comparison
Chart <1.5MW Product Figure
Chart <1.5MW Product Advantage and Disadvantage Comparison
Chart >3 MW Product Figure
Chart >3 MW Product Advantage and Disadvantage Comparison
Chart In-land Clients
Chart Off-shore Clients
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