Wind Turbine Gearbox Market Analysis APAC,Europe,North America,South America,Middle East and Africa - US,China,India,Germany,Spain - Size and Forecast 2023-2027
| Published: Oct 2023 | Pages: 166 | SKU: IRTNTR41387 |
Wind Turbine Gearbox Market Forecast 2023-2027
The wind turbine gearbox market size is estimated to grow by USD 4.23 billion at a CAGR of 6.39% between 2022 and 2027. The market's growth is underpinned by several key factors, starting with the increase in offshore wind energy installations. This trend reflects a broader shift towards renewable energy sources, driven by environmental concerns and the need for sustainable energy solutions. Another significant factor is the decline in the Levelized Cost of Energy (LCoE) of wind power generation, making wind energy more competitive with traditional fossil fuels. This decline is attributed to technological advancements, economies of scale, and favorable government policies promoting renewable energy. Additionally, the market's growth is propelled by the rising height and capacity of wind towers. Taller towers allow wind turbines to access stronger and more consistent winds at higher altitudes, increasing energy production efficiency. This trend is supported by advancements in turbine design and construction techniques, enabling the development of taller and more powerful wind towers.
Market Overview
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Market Segmentation
This market report extensively covers market segmentation by type (replacement and new), application (onshore and offshore), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
By Type
The replacement segment will account for a major share of the market's growth during the forecast period. Globally, the demand for the replacement of wind turbine gearboxes depends on the cumulative installed capacity of wind turbines. Gearboxes generally have a shorter lifespan than the whole wind turbine assembly. Thus, they may require to be replaced once or multiple times during the operating lifespan of the turbine.
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Nevertheless, the reliability of gearboxes has experienced substantial progress over the recent years, which is anticipated to grow their replacement cycle in the future. Further, the gearbox's shelf life is extended, and the exchange process is sped up. Upgrading to the most recent technologies is made easier by replacing the gearbox. The substitute of wind turbine gearboxes involves substantial additional costs, including transportation, crane services, service disruptions, and labor costs. As a result, the replacement of gearboxes is often delayed by operators. In addition, some operators prefer replacing wind turbine gearboxes with direct drive systems at the end of the gearbox's lifespan instead of a similar geared system. Furthermore, similar to new installations, the average price of replacement gearboxes is also expected to decline during the forecast period, which is expected to drive the growth of the segment during the forecast period.
By Region
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APAC is estimated to account for 56% 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. In APAC, energy demand is on the rise due to the growth in the population and improvement in the standard of living. Countries in the region, particularly China and India, are rapidly growing their capacity for renewable energy sources, including wind energy, to achieve their emission targets and reduce environmental pollution. China had the highest wind energy installations, with an installed capacity of 228 GW as of 2022. India stood fourth in the ranking with an installed capacity of 35GW. Therefore, the rise in power generation activities using wind turbines will encourage the growth of the market in the region.
Market Dynamics and Customer Landscape
The market is a critical component of electric generator systems, responsible for converting the rotational speed of the blades into usable energy. The gearbox connects the rotor shaft to the generator shaft, transmitting power efficiently. Factors such as loading, environmental conditions, and failure rate are crucial considerations for gearbox design and durability. With the rise of industrialization and urbanization, the demand for renewable energy sources like solar and hydro is increasing, driving the need for efficient wind turbine gearboxes. The market is influenced by regional initiatives like the ASEAN Plan of Action for Energy Cooperation (APAEC), aiming to enhance electrical energy infrastructure. Gearboxes can be designed with vertical axes or horizontal axes, each with its advantages depending on the wind farm layout and operation. Maintenance and operational efficiency are key focus areas for gearbox manufacturers, leading to innovations in drive motors, planetary drives, and helical gears to improve performance and longevity.
Key Market Driver
An increase in offshore wind energy installations is driving the market growth. In recent years, the offshore wind energy industry has presented major growth opportunities for companies in the market, as offshore wind installations have experienced a marked growth. Offshore wind farms are gaining popularity because they do not need a reliable area of land for installation and are located on the ocean surface, where the wind energy potential is higher. This is supported by electric generator, rotational speed, shaft, loading, environmental conditions, failure rate, wind turbines, industrialization, urbanization, business sectors, and wind energy. Offshore wind turbines are generally larger than onshore wind turbines, with capacities in the range of 4 MW-10 MW, and requiring high-performance gearboxes for lower maintenance and repair.
Moreover, countries in Western Europe dominate the offshore wind power industry, contributing to about 84% of the cumulative installed capacity. The remaining capacity is installed in China, various other South Asian countries, and the US. The project cost of offshore wind turbines has experienced a significant decline in recent years, with advancements in turbine technology and an expansion in generation capacity per turbine, thereby improving the adoption of wind turbines across the globe. New entrants to the offshore wind power industry include Australia, Taiwan, Brazil, and Turkey. These countries are expected to make significant investments in offshore wind energy technology during the forecast period, which will in turn drive market growth during the forecast period.
Major Market Trend
The decline in the cost of gearboxes used in wind power generation is a primary trend in the market growth. Over the past few decades, the growth in wind power generation capacity has been increased by the decline in the cost of components used in wind turbines, including the cost of gearboxes. The cost of the wind turbine gearbox has lowered considerably over the years due to some factors such as improvements in designs, optimization in raw material sourcing and supply chain, and entry of new players into the market, leading to enhanced competition and larger economies of scale due to increased demand for gearboxes.
Moreover, the reduction in the cost of the wind turbine gearbox can be attributed to the rising trend of vertical integration of gearbox manufacturing by wind turbine suppliers. The cost of the gearbox is further anticipated to drop in the near future. The declining costs will drive the demand for gearboxes in the wind energy market. The low cost of gearboxes will also bring about a reduction in the replacement costs, and the number of units of gearboxes sold will increase considerably, thereby compensating for the declining manufacturing costs. Therefore such factors are expected to drive market growth during the forecast period.
Significant Market Challenge -
Growing competition from direct drive systems is the challenge that affects the market growth. Over the past decade, direct drive systems have emerged as strong competition to geared drive systems in various end-use applications. Features of direct drive systems make them less complex in design and easier to operate and maintain, which is a significant factor driving the adoption of these systems in heavy-duty applications such as wind power generation and industrial automation.
Moreover, due to stress from wind fluctuations, the use of direct drive turbine systems eliminates the need for the gearbox that is prone to considerable wear and tear. Though direct drive systems are largely more expensive than gearbox-operated systems, the R&D in direct drive systems, such as magnet and generator designs, is lowering the cost of these systems. Such developments have enabled manufacturers to design more compact and lighter direct drive systems. Major wind power turbine manufacturers, including Siemens and Voith Gmbh, have been providing direct drive turbines for wind power generation, which in turn will impede the market growth during the forecast period.
Key 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 report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Major Wind Turbine Gearbox Market Companies
Companies 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.
- Dana Inc. - The company offers wind turbine gearboxes such as yaw and pitch drives.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Bonfiglioli Riduttori Spa
- Dana Inc.
- Flender GmbH
- Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH
- General Electric Co.
- Hottinger Bruel and Kjaer GmbH
- ISHIBASHI Manufacturing Co. Ltd.
- Lenze SE
- ME Production Aps
- Moventas Gears Oy
- Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd.
- Nord Gear Ltd.
- Porsche Automobil Holding SE
- Robert Bosch GmbH
- Shandong Qingneng Power Co. Ltd.
- Siemens AG
- Suzlon Energy Ltd.
- Voith GmbH and Co. KGaA
- ZF Friedrichshafen AG
- ZOLLERN GmbH and Co. KG
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 report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook
- Replacement
- New
- Application Outlook
- Onshore
- Offshore
- Region Outlook
- North America
- The U.S.
- Canada
- South America
- Chile
- Argentina
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The market is experiencing significant growth driven by investment in offshore wind projects. As offshore wind energy capacity expands, gearbox manufacturers are focused on designing reliable systems capable of withstanding harsh wind conditions in the offshore segment. This market growth is particularly pronounced in emerging economies looking to reduce carbon emissions and combat climate change. Companies like Vestas and industry organizations like the Global Wind Energy Council (GWEC) are leading the way in advancing wind energy technology. Projects such as the Dulacca Wind Farm, Karara Wind Farm, and Dobele Wind Farm are contributing to the increasing wind capacity worldwide. Gearbox types such as planetary and spur gearboxes from manufacturers like Dana Motion Systems and Stork Gears are crucial components in these wind turbines, ensuring efficient operation and maintenance for years to come.
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Market Scope |
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Report Coverage |
Details |
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Page number |
166 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.39% |
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Market growth 2023-2027 |
USD 4.23 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.53 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 56% |
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Key countries |
US, China, India, Germany, and Spain |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Bonfiglioli Riduttori Spa, Dana Inc., Flender GmbH, Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH, General Electric Co., Hottinger Bruel and Kjaer GmbH, ISHIBASHI Manufacturing Co. Ltd., Lenze SE, ME Production Aps, Moventas Gears Oy, Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd., Nord Gear Ltd., Porsche Automobil Holding SE, Robert Bosch GmbH, Shandong Qingneng Power Co. Ltd., Siemens AG, Suzlon Energy Ltd., Voith GmbH and Co. KGaA, ZF Friedrichshafen AG, and ZOLLERN GmbH and Co. KG |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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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. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
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 Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- 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 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- 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 wind turbine gearbox market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global wind turbine gearbox market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
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 Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Replacement - Market size and forecast 2022-2027
- Exhibit 34: Chart on Replacement - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Replacement - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Replacement - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Replacement - Year-over-year growth 2022-2027 (%)
- 6.4 New - Market size and forecast 2022-2027
- Exhibit 38: Chart on New - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on New - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on New - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on New - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 44: Chart on Application - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 46: Chart on Comparison by Application
- Exhibit 47: Data Table on Comparison by Application
- 7.3 Onshore - Market size and forecast 2022-2027
- Exhibit 48: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Onshore - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
- 7.4 Offshore - Market size and forecast 2022-2027
- Exhibit 52: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Offshore - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Application
- Exhibit 56: Market opportunity by Application ($ million)
- Exhibit 57: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 India - Market size and forecast 2022-2027
- Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.12 Spain - Market size and forecast 2022-2027
- Exhibit 99: Chart on Spain - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Spain - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Spain - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Dana Inc.
- Exhibit 111: Dana Inc. - Overview
- Exhibit 112: Dana Inc. - Business segments
- Exhibit 113: Dana Inc. - Key news
- Exhibit 114: Dana Inc. - Key offerings
- Exhibit 115: Dana Inc. - Segment focus
- 12.4 Flender GmbH
- Exhibit 116: Flender GmbH - Overview
- Exhibit 117: Flender GmbH - Product / Service
- Exhibit 118: Flender GmbH - Key offerings
- 12.5 Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH
- Exhibit 119: Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH - Overview
- Exhibit 120: Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH - Product / Service
- Exhibit 121: Gebr. Eickhoff Maschinenfabrik and Eisengiesserei GmbH - Key offerings
- 12.6 General Electric Co.
- Exhibit 122: General Electric Co. - Overview
- Exhibit 123: General Electric Co. - Business segments
- Exhibit 124: General Electric Co. - Key news
- Exhibit 125: General Electric Co. - Key offerings
- Exhibit 126: General Electric Co. - Segment focus
- 12.7 Hottinger Bruel and Kjaer GmbH
- Exhibit 127: Hottinger Bruel and Kjaer GmbH - Overview
- Exhibit 128: Hottinger Bruel and Kjaer GmbH - Product / Service
- Exhibit 129: Hottinger Bruel and Kjaer GmbH - Key offerings
- 12.8 ISHIBASHI Manufacturing Co. Ltd.
- Exhibit 130: ISHIBASHI Manufacturing Co. Ltd. - Overview
- Exhibit 131: ISHIBASHI Manufacturing Co. Ltd. - Product / Service
- Exhibit 132: ISHIBASHI Manufacturing Co. Ltd. - Key offerings
- 12.9 ME Production Aps
- Exhibit 133: ME Production Aps - Overview
- Exhibit 134: ME Production Aps - Product / Service
- Exhibit 135: ME Production Aps - Key offerings
- 12.10 Moventas Gears Oy
- Exhibit 136: Moventas Gears Oy - Overview
- Exhibit 137: Moventas Gears Oy - Product / Service
- Exhibit 138: Moventas Gears Oy - Key offerings
- 12.11 Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd.
- Exhibit 139: Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd. - Overview
- Exhibit 140: Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd. - Business segments
- Exhibit 141: Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd. - Key offerings
- Exhibit 142: Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd. - Segment focus
- 12.12 Porsche Automobil Holding SE
- Exhibit 143: Porsche Automobil Holding SE - Overview
- Exhibit 144: Porsche Automobil Holding SE - Business segments
- Exhibit 145: Porsche Automobil Holding SE - Key offerings
- Exhibit 146: Porsche Automobil Holding SE - Segment focus
- 12.13 Robert Bosch GmbH
- Exhibit 147: Robert Bosch GmbH - Overview
- Exhibit 148: Robert Bosch GmbH - Business segments
- Exhibit 149: Robert Bosch GmbH - Key news
- Exhibit 150: Robert Bosch GmbH - Key offerings
- Exhibit 151: Robert Bosch GmbH - Segment focus
- 12.14 Shandong Qingneng Power Co. Ltd.
- Exhibit 152: Shandong Qingneng Power Co. Ltd. - Overview
- Exhibit 153: Shandong Qingneng Power Co. Ltd. - Product / Service
- Exhibit 154: Shandong Qingneng Power Co. 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 Voith GmbH and Co. KGaA
- Exhibit 160: Voith GmbH and Co. KGaA - Overview
- Exhibit 161: Voith GmbH and Co. KGaA - Business segments
- Exhibit 162: Voith GmbH and Co. KGaA - Key offerings
- Exhibit 163: Voith GmbH and Co. KGaA - Segment focus
- 12.17 ZF Friedrichshafen AG
- Exhibit 164: ZF Friedrichshafen AG - Overview
- Exhibit 165: ZF Friedrichshafen AG - Business segments
- Exhibit 166: ZF Friedrichshafen AG - Key news
- Exhibit 167: ZF Friedrichshafen AG - Key offerings
- Exhibit 168: ZF Friedrichshafen AG - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 169: Inclusions checklist
- Exhibit 170: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 171: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 172: Research methodology
- Exhibit 173: Validation techniques employed for market sizing
- Exhibit 174: Information sources
- 13.5 List of abbreviations
- Exhibit 175: List of abbreviations
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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wind turbine gearbox market market
Key Questions Answered
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