The global market report on Wind Turbine Generators provides in-depth information on vital market trends, industry development drivers, and other vital data. Industry consultants and analysts have thoroughly researched and analyzed each key participant’s diverse product portfolio and the competitive vendor landscape across multiple global markets to ensure that the reader has a complete understanding of Wind Turbine Generators. The paper analysis also includes PESTEL and SWOT analysis of the industry. This study examines market attractiveness to determine the overall attractiveness, growth rate, and market size of each market category.
Fact.MR researchers highlighted the potential, resources, and capabilities of market players for wind turbine generators. Another interesting area of research is the distribution of goods and services related to wind turbine generators to various companies. Wind turbine generator sales surpassed $21 billion worldwide in 2023 and are expected to exceed $35.4 billion by 2033, growing at a CAGR of approximately 5.4% over the next decade.
Download a sample copy of this report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=3171
Market Upshots
- Global wind turbine generator market poised to expand at a CAGR of 5.4% through 2032.
- On the basis of generator type, the market is projected to be dominated by alternating current asynchronous generators, which are set to account for 82% market share by 2032.
- By capacity, 5-10MW generators are likely to account for 48% revenue share and create an absolute $ opportunity of US$ 8.7 billion over the assessment period.
- Direct drive wind turbine generators are projected to grow 2.3X by value, while geared drive wind turbine generators will grow 1.4X during the forecast period.
- The North America market is expected to register a CAGR of 3.3% over the forecast period and be valued at US$ 2.7 billion by 2032-end.
- Under speed, fixed speed wind turbine generators are estimated to account for approximately 24% market share in 2022, but lose 691 BPS in their market share by 2032.
Main sectors covered
- By Generator Type:
- dc generator
- AC asynchronous generator
- Fixed Speed Induction Generator (FSIG) / Squirrel cage Induction Generator (SQIG)
- induction generator dual feed
- ac synchronous generator
- Permanent Magnet Synchronous Generator (PMSG)
- EESG(Electrically Excited Synchronous Generator)
- Switched Reluctance Generator
- by Capacity:
- Up to 1 MW wind turbine generator
- 1-5MW wind turbine generator
- 5-10MW Wind Turbine Generator
- Wind turbine generators over 10 MW
- by Drive:
- direct drive wind turbine generator
- geared drive wind turbine generator
- by Speed:
- stationary wind turbine generator
- variable wind generator
- By Placement:
- onshore wind turbine generator
- offshore wind turbine generator
The Wind Turbine Generators report carefully examines the business strategies of each market player, including mergers, new product launches, joint ventures, and partnerships.
Introduction of the main players
- Bergey Windpower Co.
- CRC Wind Power Co., Ltd.
- Doosan Heavy Industries & Construction
- Enercon GmbH
- Eocycle Technology Inc
- general electric
- Hitachi, Ltd.
- Hyosung Heavy Industries
- Hyundai Heavy Industries Co., Ltd.
- Mapna Group
- Myeongyang Wind Power Group Limited
- Mitsubishi
- Nordex SE
- RRB energy limit
- SANY group
- Shanghai Electric
- Siemens Gamesa Renewable Energy, SA
- Suzlon Energy Ltd.
- Vestas Wind Systems A/S
The entire wind turbine generator industry has been negatively impacted due to the current COVID-19 pandemic. Industrial operations in all major manufacturing hubs have been temporarily shut down, significantly delaying production. Consumer demand and purchasing power are also affected by COVID-19. Given the proposed shutdown period, it is extremely impossible to predict when and how the wind turbine generator market will reopen. In wind turbine generator research, Cov-19 is expected to have a major impact.
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
Get full access to the full report:
https://www.factmr.com/checkout/3171
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Email : [email protected]