Direct Drive Wind Turbines Market: Information by Type (Permanent magnet synchronous generator, Electrically excited synchronous generator, Others) Application (Offshore application, Onshore application, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Direct drive wind turbines, also known as gearless wind turbines, are wind turbines without a gearbox. The rotor shaft is directly connected to a synchronous or permanent magnet generator for power generation. Direct drive wind turbines usually use either permanent-magnet excited direct drive generator system or electrically excited direct drive synchronous generator system depending upon cost, location, and other constraints. Direct drive wind turbines are better alternatives for offshore applications, as they require less preventive and break down maintenance vis-à-vis geared wind turbines.
The report shows the Direct Drive Wind Turbines market is valued at approximately USD xxxx million in 2019 and is expected to generate revenue of around USD xxxx million by 2026, growing at a CAGR of roughly xxxx% from 2019 and 2026.
The global Direct Drive Wind Turbines market is primarily driven by the surging demand for energy across the globe, especially renewable energy. The study projects that the increased demand for energy and requirement for environmental protection is to boom the global demand for such equipment. Out of this, due to properties like high reliability and lower maintenance cost makes the machine a practical option for offshore wind farms, the utilization in offshore winds farms can give rise to mass opportunities such as to eliminate severe problems caused by windmills, for instance, the noise pollution and environmental system damage. Whereas, the growing trend may be restricted by the high cost for installation as a result of the substantial usage of rare neodymium magnets, technology costs, and large size of generators.
Based on application, the offshore segment is estimated to grab the most market share in the analyzed period, which is due to the numerous benefits brought by Direct Drive Wind Turbines compared to other turbines.
Market Player
Important players profiled in the global Direct Drive Wind Turbines market are GE Energy, American Superconductor, American Superconductor, Avantis Energy Group, Emergya Wind Technologies, Enercon, Vensys Energy, Siemens Wind Power, Windtronics Energy Solutions, Northern Power Systems, and etc.
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Market Segmentation
By Type
Permanent magnet synchronous generator
Electrically excited synchronous generator
By Application
By Region
North America
u U.S.
u Canada
u Mexico
Europe
u Germany
u France
u Italy
u Spain
u U.K.
u Nordic Countries
u Belgium
u Russia
u Rest of Europe
Asia Pacific
u China
u India
u Australia
u Japan
u South Korea
u Australia and New Zealand
u Rest of Asia Pacific
Latin America, Middle East & Africa
u GCC Countries
u Brazil
u Nigeria
u Argentina
u South Africa
u Others
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Regional Insights
l Asia-Pacific remains a leading regional market for Direct Drive Wind Turbines, China is the main contributor in terms of shares due to the large-scale installation of Direct Drive Wind Turbines.
l Europe and North America still enjoy prominent markets during the forecast period, owing to the growing expenditure and increasing projects in the renewable energy resources sector. Significant countries in the region include Italy, France, and Germany, these economies will help to drive the regional market demand and revenue generation.
l The global Direct Drive Wind Turbines market share mainly comes from economies of China, the U.S., Germany, Spain, India. The growth in these regions will continue in the next few years due to their increased activities for new capacity additions.
Market Analyze Period
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
Report Key Audience
l Direct Drive Wind Turbines manufacturers
l Raw material suppliers of Direct Drive Wind Turbines machinery
l Downstream vendors and end-users
l Traders, distributors, and resellers of Direct Drive Wind Turbines
l Machinery, equipment industry associations and research organizations
l Product managers, Direct Drive Wind Turbines industry administrator, C-level executives of the industries
l Market Research and consulting firms
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