Market Overview: –
Governments across the globe are trying to promote green and clean energy usage. The availability of financial subsidies from governments is expected to drive the market. However, huge initial investments and shortage of skilled labor are the major restraints for the market growth.
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.
The global direct drive wind turbine market is projected to grow at approximately 11.5% CAGR by the end of 2022.
- GE Renewable Energy
- Siemens AG
- Goldwind Science & Technology Co. Ltd.
- Leitwind AG
- ENERCON GmbH
- Xiangtan Electric Manufacturing Group
- Emergya Wind Technologies B.V.
- VENSYS Energy AG
- Windtronics LLC
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Scope of the Report
This study provides an overview of the global direct drive wind turbine market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global direct drive wind turbine market by its capacity, technology and region.
- By Capacity
- Less than 1MW
- 1MW to 3MW
- More than 3MW
- By Technology
- Electrically Excited Synchronous Generator (EESG)
- Permanent Magnet Synchronous Generator (PMSG)
- By Region
- Asia Pacific
- North America
- Rest of World
Regional Analysis of Global Direct Drive Wind Turbine Market
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.
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
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