The Infinium Global Research analyzes the Direct Drive Wind Turbine Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global direct drive wind turbine market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of direct drive wind turbine. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the direct drive wind turbine market during the period.
“We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.” The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/13380
Direct drive wind turbines are generally used electrically excited direct drive synchronous generator system or permanent-magnet excited direct drive generator system depending upon location, cost, and other constraints. Direct drive wind turbines are also referred to as gearless wind turbines, which are without gearbox wind turbines. This turbine is a better option for offshore applications, as they require to break down maintenance, less preventive, and geared wind turbines. Moreover, many direct-drive wind turbines are contained fewer parts and are contactless.
Rising Demand for Energy, Especially for Renewable Energy, Worldwide are also Expected to Drive the Direct Drive Wind Turbine Market
The direct-drive wind turbine market is driven by the gearless wind turbine is noticeably efficient and direct drive wind turbines overall weight is substantially low as compared to geared counterparts. Moreover, the rising demand for energy, especially for renewable energy, worldwide are also expected to drive the direct drive wind turbine market. However, setting up cost of direct drive wind turbines are substantially more due to the technology costs, utilization of rare neodymium magnets and large size of generators is anticipated to restrict the growth of direct drive wind turbine market. Nonetheless, the gearless turbine fields R&D initiatives have resulted into improving installation techniques and design cost-effective turbine that has lowered the installation cost and initial investment needed in the industry is estimated to create a new opportunity for the global direct drive wind turbine market.
Direct Drive Wind Turbine Market: Segmentation
The report on the global direct drive wind turbine market covers segments such as capacity, and technology. The capacity segment is further segmented into 1mw to 3mw, less than 1mw, and more than 3mw. On the basis of technology, the direct drive wind turbine market is segmented into Permanent Magnet Synchronous Generator (PMSG), and Electrically Excited Synchronous Generator (EESG).
Asia Pacific is Expected to Exhibit the Fastest-Growing Regional Market
On the basis of region, the global direct drive wind turbine market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific is expected to exhibit the fastest-growing regional market within the projected years. On an account of China is large revenue contributor country of the region geographically benefitted the regional market. North America is expected to witness significant growth in the near future owing to the U.S. is one of the major revenue contributor countries across the globe. The Asia Pacific held the largest revenue share for the global direct drive wind turbine market in 2018 due to India is also expected to experience high CAGR and contributing significantly towards regional market growth.
GE Renewable Energy, Goldwind Science & Technology Co. Ltd., Xiangtan Electric Manufacturing Group, Leitwind AG, Siemens AG, ENERCON GmbH, Emergya Wind Technologies B.V., Windtronics LLC, American Superconductor Corporation, and VENSYS Energy AG, and many others.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the direct drive wind turbine.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.