Turbine Gear Boxes Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Financial Impact Analysis)
ID : MRU_
114909 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Turbine Gear Boxes industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Turbine Gear Boxes by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Turbine gear box is typically used in a wind turbine to increase rotational speed from a low-speed rotor to a higher speed electrical generator. A common ratio is about 90:1, with a rate 16.7 rpm input from the rotor to 1,500 rpm output for the generator. It is important to ensure that the drivetrain effectively isolates the gearbox, or to ensure that the gearbox is designed to support these loads, otherwise internal gearbox components can become severely misaligned. This can lead to stress concentrations and failures.
Turbine gear boxes market kept growing in recent years. As many countries are promoting the wind energy construction, turbine gear boxes market will keep in rapid development.
Viewed from the supply side, in the past few years, there are only a few companies in the turbine gear boxes industry due to the technical barrier. Most of the manufacturers concentrate in US and EU. China is becoming the important market.
Viewed from the demand side, the current demand for turbine gear boxes is growing.
In 2015, the global production of the turbine gear boxes reaches over 66856 MW; the gross margin was around 24.77% during the last five years. We forecast that the global turbine gear boxes market will grow in a CAGR of 10.38% from 2016 to 2022.
At present, main manufacturers in the market are Siemens, China Transmission and ZF etc. The leading three companies occupy about 73% market share in 2015.
To grab more market, main companies have to increase the technology innovation and speed up the product upgrading. Many companies are trying to break through the barriers and enter the industry. In the future, turbine gear boxes market will still be a market of high concentration in a short time.
In order to feed the changing technical requirements, turbine gear boxes manufacturers need to pay attention to the technical innovation. In future, integration will be the technology trends of turbine gear boxes.
The report forecast global Turbine Gear Boxes market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Turbine Gear Boxes market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Siemens
China Transmission
ZF
Moventas
VOITH
Allen Gears
At the same time, we classify Turbine Gear Boxes according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
3 MW Market by Application
Onshore
Offshore
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Turbine Gear Boxes market for the forecast period 2023 - 2030?
• What are the driving forces in the Turbine Gear Boxes market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Turbine Gear Boxes industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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