Tuesday, 5 March 2019

Direct Drive Wind Turbine Market 2019 Global Industry Size, Share, Latest Trends, Key Players Overview and Opportunity Assessment 2022 | MRFR


Market 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 favourable 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.


Global Direct Drive Wind Turbine Market Segments Analysis:
The global direct drive wind turbine market is segmented on the basis of capacity, technology and region.
The capacity is sub-segmented into less than 1MW, 1MW to 3MW, and more than 3MW. While on the basis of technology, the market is segmented on the basis of electrically excited synchronous generator and permanent magnet synchronous generator. The permanent magnet synchronous generator technology is anticipated to experience a significant growth over the forecast period due to the increase in offshore activities.


Key Players
The key players in the global direct drive wind turbines market are Xiangtan Electric Manufacturing Group (China), Emergya Wind Technologies B.V. (The Netherlands), Siemens AG (Germany), Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy), ENERCON GmbH (Germany), VENSYS Energy AG (Germany), Windtronics LLC (U.S.) and American Superconductor Corporation (U.S.) and others.

Regional Analysis:
The global market for direct drive wind turbines is geographically spread across Asia-Pacific, North America, Europe, and the Rest of World.
Globally, Europe has secured the top position and is predicted to retain its position throughout the forecast period due to its impressive streak of renewable energy sources usage. Moreover, the massive contribution from countries such as Spain, United Kingdom (U.K), France and Ireland combined with favorable government regulations has buoyed the market growth in the region.
The growth in Europe market is followed by Asia-Pacific owing to the adoption of gearless wind turbines in the emerging economies such as China and India with growing energy needs in the region. Furthermore, the region observes market growth on account of continuous capacity additions to the existing industry participants. Also, increased awareness of renewable energy usage serves to propel the market growth. in addition, large number of plant managers focus on enhancing operational efficiency and reducing maintenance costs, which directly triggers the market growth in the region.


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