Read the 120-page report with TOC on "Wind Turbine Components Market Analysis Report by Application (Onshore and Offshore), Geography (APAC, Europe, North America, South America, and MEA), Product (Wind turbine towers, Wind turbine rotor blades, Wind turbine gearboxes, Wind turbine generators, and Others), and the Segment Forecasts, 2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/talk-to-us?report=IRTNTR70093
The wind turbine components market is driven by the rapid growth of the global wind power market. In addition, the rising investments in clean sources are anticipated to boost the growth of the wind turbine components market.
Offshore wind power plants have emerged viable due to the increasing availability of machines that support a capacity of more than 1 MW. Besides, the advent of sophisticated and innovative electronics and efficient planning and management have provided several avenues for commercialization, which has resulted in improved reliability and reduced costs. This has increased investments in offshore wind power projects. With the continuous increase in global energy needs, the demand for wind turbines and associated components will increase over the forecast period.
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Major Five Wind Turbine Components Companies:
Dongfang Electric Corp.
Dongfang Electric Corp. operates its business through the Unified segment. The company designs and manufactures wind power generating units and components for both onshore and offshore fields.
General Electric Co.
General Electric Co. operates its business through segments such as Power, Renewable energy, Aviation, and Healthcare. The company offers a wide range of wind turbines and components. Some of its key offerings include 1.7-100/103 Wind Turbine, 1.85-87 Wind Turbine, 1.85-82.5 Wind Turbine, 2.75-120 Wind Turbine, 2.0-2.5 Platform, 3.2-103 Wind Turbine, 3.2-3.8 MW Platform, and 4.8-158 Wind Turbine.
ISHIBASHI Manufacturing Co. Ltd.
ISHIBASHI Manufacturing Co. Ltd. operates its business through segments such as Product and Service. The company offers wind-turbine gearbox used in wind turbines such as MWT-300(300kW) and S2.5-90(2500kW).
Mingyang Smart Energy Group Co. Ltd.
Mingyang Smart Energy Group Co. Ltd. operates its business through segments such as High-end energy equipment manufacturing and Energy products and service. The company offers a wind turbine generator system platform known as MY1.5/2.0MW.
Siemens AG
Siemens AG operates its business through segments such as Digital Industries, Smart Infrastructure, Gas and Power, Mobility, Siemens Healthineers, Siemens Gamesa Renewable Energy, and Financial Services. The company offers wind turbine components under the brands, Siemens Gamesa 2.X (2 MW) platform, Siemens Gamesa 3X (3 MW) platform, Siemens Gamesa 4X (4 MW) platform, and Onshore Direct Drive.
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Wind Turbine Components Market Application Outlook (Revenue, USD Billion, 2020-2025)
- Onshore - size and forecast 2020-2025
- Offshore - size and forecast 2020-2025
Wind Turbine Components Market Geography Outlook (Revenue, USD Billion, 2020-2025)
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
Wind Turbine Components Market Product Outlook (Revenue, USD Billion, 2020-2025)
- Wind turbine towers - size and forecast 2020-2025
- Wind turbine rotor blades - size and forecast 2020-2025
- Wind turbine gearboxes - size and forecast 2020-2025
- Wind turbine generators - size and forecast 2020-2025
- Others - size and forecast 2020-2025
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