Dallas, TX -- (SBWIRE) -- 11/12/2010 -- Global wind turbine market, a rapidly growing market segment of global renewable energy, has recorded double digit annual growth in the past ten years and the market is expected to maintain this growth till 2015 by reinstalling and additions of new generation turbines as well as increasing the size and efficiency of the turbines. In 2009, total 38,343 megawatts (MW) of wind turbines were installed bringing the worldwide wind power capacity to around 158,000 MW.
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Gearbox being a major component of wind turbine also saw a similar growth witnessed by the overall wind industry.
Rapid growth of the wind turbine gearbox market is expected to bring forth opportunities as well as challenges for the key players in the market. The world's leading rotor blade manufacturers for wind energy industry were found to closely monitor competitive activities in an attempt to navigate the landscape more efficiently and garner higher market share. In virtually every respect, these producers are seeking to establish a tangible competitive advantage in the marketplace through the implementation of innovative strategies and creative product development capabilities.
Key Take Aways
• Define the global wind turbine gearbox market.
• Identify the major driving factors, opportunities and inhibitors.
• Analyze the trends and forecasts of the wind turbine gearbox market.
• Identify the major stakeholders in the market and draw a competitive landscape for the market leaders.
Markets Covered
The whole report briefs about the wind turbine gearbox market in terms of market size globally and regionally. In-depth competitive landscape for each player and market share has been given in the report along with an in-depth geographic analysis for rotor blade market, covering the major regional markets, viz. North America, Europe, Asia-Pacific and Rest of the World (RoW). Key manufactures in the wind turbine gearbox market have been profiled along with recent updates and developments in global wind turbine gearbox market.
Stakeholders
The intended audience of this report includes:
• Wind turbine component suppliers
• Wind turbine gearbox manufactures
• Wind firm developers and investors
• Wind energy investors
• Government agencies and industry associations
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