The direct drive wind turbine is defined as a mechanism where the power
is directly transferred from the motor without any reductions, with no need for
a gearbox. Market Research Future (MRFR) has published a research report about
the global direct drive wind turbine market that calculates raise for this
market at 11.5% CAGR (Compound Annual Growth Rate) during the forecast period
between 2017 and 2022.
Analyzing the market structure, this report evaluates the future growth
potential of the market. It assesses the strategies of the key players in the
market and supports the competitive developments like joint ventures, new
product developments, mergers & acquisitions, research and developments
(R&D) in the market.
The most important factor shaping the direct drive wind turbine market
growth is a range of advantages that include higher torque with low rpm,
increased efficiency, and reduced noise. Other factors, carrying out the growth
of this market include depleting fossil fuel reserves, favorable government
policies, increasing greenhouse gas emission, increasing significance of
renewable energy sources, growing concern for energy conservation, and rising
demand for energy.
Competitive Landscape
The key players in the global direct drive wind turbine market include
American Superconductor Corporation (USA), Emergya Wind Technologies B.V. (The
Netherlands), ENERCON GmbH (Germany), General Electrics Renewable Energy (USA),
Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy),
Siemens AG (Germany), VENSYS Energy AG (Germany), Windtronics LLC (USA), and
Xiangtan Electric Manufacturing Group (China).
Industry News
- Brazilian
electrical equipment manufacturer WEG SA has acquired the Energy Storage
System (ESS) business of US-based Northern Power Systems Corp. 13 FEB 2019
- On
the basis of Siemens Gamesa Renewable Energy (SGRE) Offshore Direct-Drive
wind-turbine platform, the new SG 8.0-167 DD offshore turbine variant can meet
the full range of technical conditions present in waters along the U.S.
coasts and in the Great Lakes. The new variant has been tailored for US
market conditions. 16 OCT 2018
Segmental Anlaysis
The global direct drive wind turbine market has been segmented
on the basis of capacity, technology, and lastly, region.
Based on capacity, this market has been segmented into less than 1 mega
watt (MW), 1MW to 3MW, and more than 3MW. The technology-based segmentation
segments the market into an electrically excited synchronous generator and
permanent magnet synchronous generator. During the forecast period, the
permanent magnet synchronous generator technology is expected to experience
significant growth due to the increase in offshore activities.
Detailed Regional Outlook
The regional segmentation of the global direct drive wind turbine market
segments the market into the regional markets known as North America, Asia
Pacific, Europe, and rest of the world (RoW).
Europe is the largest regional market that is expected to expected to
retain its position during the forecast period due to its efficient utilization
of renewable energy sources used. Many key market players are also operating in
European countries. Other factors contributing to the market growth are
favorable government regulations and the massive revenue contribution from
countries such as France, Ireland, Spain, and the UK, followed by the remaining
countries of Europe.
The second most important regional market is the Asia Pacific region
because the adoption of gearless wind turbines is increasing in the emerging
economies like China and India due to the growing energy needs in the region.
Other important country-specific markets in this region include Japan and South
Korea, followed by the remaining countries of the Asia Pacific region.
In North America, the market is strong due to the presence of established
industries, the government encouraging the use of eco-friendly technology, and
the presence of many key market players. The key country-specific markets in
this region are the USA, Canada, and Mexico, followed by the remaining
countries in North America.
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