Direct Drive Wind Turbine Market Analysis APAC,Europe,North America,South America,Middle East and Africa - US,China,India,Germany,UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 153 SKU: IRTNTR75096

Direct Drive Wind Turbine Market Forecast 2023-2027

The direct drive wind turbine market size is forecast to increase by USD 61.68 billion, at a CAGR of 15.63% between 2022 and 2027. Market growth hinges on various factors, including favorable governmental policies, increased consumption, and declining costs associated with wind projects. These elements collectively contribute to the advancement and expansion of the market, fostering an environment conducive to sustainable energy initiatives. With supportive regulations, rising demand for renewable power sources, and cost efficiencies, the market is poised for further development and adoption of such solutions. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by application (onshore and offshore), capacity (less than 1MW, 1MW to 3MW, and more than 3MW), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

By Application

The market share by the onshore segment will be significant during the forecast period. The market is dominated globally by onshore plants. Regions such as Europe, Latin America, Africa, and the Middle East will see 19%, 27%, and 120% increases in new onshore wind turbine installations in 2021 compared to 2020, respectively. The growth of the land segment is related to the parallel growth of wind turbines. This growth is due to increased operational efficiency and lower prices for wind turbines. All these factors thus drive the growth of onshore wind turbines and thus the market to be watched during the forecast period. 

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The onshore segment was valued at USD 26.49 billion in 2018. Wind turbines under 1 MW are designed to provide the most cost-effective energy over the long term. The use of these wind turbines in various onshore and offshore projects will drive the growth of the segment, making the market a hot spot during the forecast period. Countries are shifting their focus from non-renewable energy sources to renewable energy sources for power generation. The change in focus is due to the depletion of conventional energy sources. Wind power is the most efficient energy source among all renewable energy sources. 

Which are the Key Regions for the Direct Drive Wind Turbine Market?

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APAC is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth of the market in APAC is mainly due to population growth and rising living standards. Due to high greenhouse gas (GHG) emissions from fossil fuels, more and more countries are emphasizing the inclusion of renewable energy in their overall energy mix, leading to increased adoption of clean energy sources such as wind power. This has spawned many new wind turbines in the region, helping to meet the growing energy demand. 

Further, rising greenhouse gas emissions in China and India have forced these countries to shift their focus to renewable energies such as wind power and reduce their dependence on fossil fuels for power generation. The initiatives taken by many countries, such as China, India, and others in the region, and the pace of their implementation, show a growing willingness to replace fossil fuels with renewable energy. Governments in these countries are pushing for large-scale deployment of renewable energy to combat the environmental degradation and pollution problems caused by burning fossil fuels. Both countries have huge electricity consumption bases, and the demand for electricity is constantly increasing due to the improvement in living standards. 

Market Dynamics and Customer Landscape

The market is characterized by innovative technologies like the Electrically Excited Synchronous Generator and Permanent Magnet Synchronous Generator. These turbines eliminate the need for single-stage gearboxes, reducing maintenance and increasing efficiency. With a focus on low maintenance and high power ratings, they are ideal for offshore applications. The UK Direct Drive Wind Turbine market is witnessing significant growth, driven by advancements in technological and renewable energy markets.

Key Market Driver

Favorable government policies are notably driving the market growth. Advancing zero-emission technologies necessitates the adoption of alternative energy sources such as solar, wind, and hydropower. Governments globally are increasingly incentivizing renewable energy generation through favorable policies, recognizing the long-term benefits of reducing carbon emissions and dependence on fossil fuels. Purchase incentives further encourage investment in renewable energy infrastructure. Wind power capacity targets set by governments have proven effective in driving growth in the wind power sector. For instance, in 2008, the US Department of Energy introduced a policy aiming for 20% wind power by 2030, signaling a significant commitment to expanding renewable energy generation.

Alongside advancements in generator technology and single-stage gearboxes, addressing design limitations, bearing requirements, manufacturing tolerances, and material strength becomes paramount to ensure the reliability and efficiency of renewable energy systems. Additionally, implementing predictive maintenance and advanced condition monitoring techniques can help minimize operational costs and maximize revenue from renewable energy projects. Further, the MRFR database provides valuable insights into the market, particularly in the UK, where technological advancements in gearbox systems are shaping renewable energy markets, supported by initiatives from organizations GWEC. Therefore, such factors will drive market growth during the forecast period.  

Significant Market Trend

The rising number of offshore wind farm installations is one of the primary market trends shaping the growth. Offshore wind projects have gained momentum in recent years as demand for the installation of clean and sustainable energy sources increased around the world. Onshore is considered a mature technology, but the potential of offshore wind is not yet fully realized. The adoption of offshore farms is growing rapidly due to the superior operating conditions compared to onshore farms. Sea breezes are relatively stable. This is because the speed and direction are relatively constant and offshore turbines have higher fan utilization than onshore wind turbines. This significantly increases the annual power generation capacity of offshore turbines compared to onshore turbines. In the market, the adoption of Electrically Excited Synchronous Generators and Permanent Magnet Synchronous Generators enhances capacity and power ratings, particularly for offshore applications, offering low maintenance solutions for efficient turbine operations.

Additionally, offshore farms can have huge turbines, so fewer turbines can produce more power. In November 2020, Europe installed 3.6 GW of new offshore capacity. Ten new offshore wind farms were commissioned in five countries. The UK accounted for almost half of the new capacity at 1.7 GW, followed by Germany (1.1 GW), Denmark (374 MW), and Belgium (370 MW).  Portugal also installed an 8 MW floating offshore wind farm. In July 2022, the Government of India announced its Offshore Power Development Strategy through its Offshore Wind Power Development Strategy Paper. Hence, increasing focus on offshore farms will boost the demand and boost market growth during the forecast period. 

Major Market Challenge

The intermittent nature is the major challenge impede market growth. Renewable energy sources are abundant, limitless, and capable of meeting growing energy demands. However, using renewable energies such as wind, solar and hydropower for energy production is important for several reasons. The intermittent nature affects power generation depending on various factors such as changes in geographic location,  weather conditions, and time of day. It also causes output fluctuations, unplanned outages, and outages in production that are uncontrollable and insurmountable. Due to growing environmental concerns and the depletion of fossil fuels, many countries are moving to renewable energy sources.

However, high contributions from intermittent renewable energy sources such as wind raise concerns about grid stability. Unlike fossil fuels, sources are not available in demand. The performance of wind turbines varies greatly with changes in wind flow at different times of the day and even different times of the year. Disturbances are primarily caused by differential heating at the poles compared to the equator and the Coriolis effect caused by the Earth's rotation. These factors are out of control and can limit the power generation of wind farms, which in turn affects the market growth. 

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Market Players?

Market players are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting.

ABB Ltd: In its electrification business segment, the company manufactures and sells electrical products and solutions. It also offers direct-drive wind turbines with easy installation and management.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market players, including:

  • Anhui Hummer Dynamo Co. Ltd.
  • Bachmann electronic GmbH
  • Bora Energy
  • Emergya Wind Technologies BV
  • ENERCON GmbH
  • Extol Wind
  • Foshan Ouyad Electronic Co. Ltd.
  • General Electric Co.
  • Leitwind SPA
  • M Torres Disenos Industriales SAU
  • Mervento Power Technology AB
  • Northern Power Systems Srl
  • Qingdao Hengfeng Wind Power Generator Co. Ltd.
  • ReGen Powertech Pvt. Ltd.
  • Rockwell Automation Inc.
  • Shanghai Electric Group Co. Ltd.
  • Siemens AG
  • XEMC Darwind BV
  • Xinjiang Goldwind Science and Technology Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market growth and forecasting report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Onshore
    • Offshore
  • Capacity Outlook 
    • Less than 1MW
    • 1MW to 3MW
    • More than 3MW
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America 
      • Argentina 
      • Brazil 
      • Chile 
      • Columbia 
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The market is witnessing rapid growth due to advancements like 3D printing in manufacturing and the emergence of floating wind turbines. These innovations enhance high-capacity wind turbines while cost reduction in operating costs and addressing mechanical constraints and manufacturing intolerances. With a focus on renewables, non-renewable resources, and the power generation sector, direct drive systems offer surging efficiency and reduced maintenance, attracting players in markets like the German Direct Drive Wind Turbine sector. Key components like turbine blades, rotors, and main shafts drive GW (Gigawatts) capacity, reflecting the industry's energy output.

 Market Scope

Report Coverage

Details

Page number

153

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.63%

Market growth 2023-2027

USD 61.68 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

15.01

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 46%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Anhui Hummer Dynamo Co. Ltd., Bachmann electronic GmbH, Bora Energy, Emergya Wind Technologies BV, ENERCON GmbH, Extol Wind, Foshan Ouyad Electronic Co. Ltd., General Electric Co., Leitwind SPA, M Torres Disenos Industriales SAU, Mervento Power Technology AB, Northern Power Systems Srl, Qingdao Hengfeng Wind Power Generator Co. Ltd., ReGen Powertech Pvt. Ltd., Rockwell Automation Inc., Shanghai Electric Group Co. Ltd., Siemens AG, XEMC Darwind BV, and Xinjiang Goldwind Science and Technology Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market  across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Capacity
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global direct drive wind turbine market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global direct drive wind turbine market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Capacity Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Capacity Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Onshore - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Onshore - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Onshore - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Onshore - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
    • 6.4 Offshore - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Offshore - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Offshore - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Offshore - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Capacity

    • 7.1 Market segments
      • Exhibit 44: Chart on Capacity - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Capacity - Market share 2022-2027 (%)
    • 7.2 Comparison by Capacity
      • Exhibit 46: Chart on Comparison by Capacity
      • Exhibit 47: Data Table on Comparison by Capacity
    • 7.3 Less than 1MW - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Less than 1MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Less than 1MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Less than 1MW - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Less than 1MW - Year-over-year growth 2022-2027 (%)
    • 7.4 1MW to 3MW - Market size and forecast 2022-2027
      • Exhibit 52: Chart on 1MW to 3MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on 1MW to 3MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on 1MW to 3MW - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on 1MW to 3MW - Year-over-year growth 2022-2027 (%)
    • 7.5 More than 3MW - Market size and forecast 2022-2027
      • Exhibit 56: Chart on More than 3MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on More than 3MW - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on More than 3MW - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on More than 3MW - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Capacity
      • Exhibit 60: Market opportunity by Capacity ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Capacity ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 115: ABB Ltd. - Overview
              • Exhibit 116: ABB Ltd. - Business segments
              • Exhibit 117: ABB Ltd. - Key news
              • Exhibit 118: ABB Ltd. - Key offerings
              • Exhibit 119: ABB Ltd. - Segment focus
            • 12.4 Anhui Hummer Dynamo Co. Ltd.
              • Exhibit 120: Anhui Hummer Dynamo Co. Ltd. - Overview
              • Exhibit 121: Anhui Hummer Dynamo Co. Ltd. - Product / Service
              • Exhibit 122: Anhui Hummer Dynamo Co. Ltd. - Key offerings
            • 12.5 Bora Energy
              • Exhibit 123: Bora Energy - Overview
              • Exhibit 124: Bora Energy - Product / Service
              • Exhibit 125: Bora Energy - Key offerings
            • 12.6 Emergya Wind Technologies BV
              • Exhibit 126: Emergya Wind Technologies BV - Overview
              • Exhibit 127: Emergya Wind Technologies BV - Product / Service
              • Exhibit 128: Emergya Wind Technologies BV - Key offerings
            • 12.7 ENERCON GmbH
              • Exhibit 129: ENERCON GmbH - Overview
              • Exhibit 130: ENERCON GmbH - Product / Service
              • Exhibit 131: ENERCON GmbH - Key offerings
            • 12.8 Extol Wind
              • Exhibit 132: Extol Wind - Overview
              • Exhibit 133: Extol Wind - Product / Service
              • Exhibit 134: Extol Wind - Key offerings
            • 12.9 Foshan Ouyad Electronic Co. Ltd.
              • Exhibit 135: Foshan Ouyad Electronic Co. Ltd. - Overview
              • Exhibit 136: Foshan Ouyad Electronic Co. Ltd. - Product / Service
              • Exhibit 137: Foshan Ouyad Electronic Co. Ltd. - Key offerings
            • 12.10 General Electric Co.
              • Exhibit 138: General Electric Co. - Overview
              • Exhibit 139: General Electric Co. - Business segments
              • Exhibit 140: General Electric Co. - Key news
              • Exhibit 141: General Electric Co. - Key offerings
              • Exhibit 142: General Electric Co. - Segment focus
            • 12.11 Leitwind SPA
              • Exhibit 143: Leitwind SPA - Overview
              • Exhibit 144: Leitwind SPA - Product / Service
              • Exhibit 145: Leitwind SPA - Key offerings
            • 12.12 Mervento Power Technology AB
              • Exhibit 146: Mervento Power Technology AB - Overview
              • Exhibit 147: Mervento Power Technology AB - Product / Service
              • Exhibit 148: Mervento Power Technology AB - Key offerings
            • 12.13 Northern Power Systems Srl
              • Exhibit 149: Northern Power Systems Srl - Overview
              • Exhibit 150: Northern Power Systems Srl - Product / Service
              • Exhibit 151: Northern Power Systems Srl - Key offerings
            • 12.14 ReGen Powertech Pvt. Ltd.
              • Exhibit 152: ReGen Powertech Pvt. Ltd. - Overview
              • Exhibit 153: ReGen Powertech Pvt. Ltd. - Product / Service
              • Exhibit 154: ReGen Powertech Pvt. Ltd. - Key offerings
            • 12.15 Siemens AG
              • Exhibit 155: Siemens AG - Overview
              • Exhibit 156: Siemens AG - Business segments
              • Exhibit 157: Siemens AG - Key news
              • Exhibit 158: Siemens AG - Key offerings
              • Exhibit 159: Siemens AG - Segment focus
            • 12.16 XEMC Darwind BV
              • Exhibit 160: XEMC Darwind BV - Overview
              • Exhibit 161: XEMC Darwind BV - Product / Service
              • Exhibit 162: XEMC Darwind BV - Key offerings
            • 12.17 Xinjiang Goldwind Science and Technology Co. Ltd.
              • Exhibit 163: Xinjiang Goldwind Science and Technology Co. Ltd. - Overview
              • Exhibit 164: Xinjiang Goldwind Science and Technology Co. Ltd. - Business segments
              • Exhibit 165: Xinjiang Goldwind Science and Technology Co. Ltd. - Key offerings
              • Exhibit 166: Xinjiang Goldwind Science and Technology Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations
              • This segment comprises of water treatment, leasing and equity investment.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                direct drive wind turbine market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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