Market Overview:
The global braking systems for the wind turbines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and rising concerns about climate change. In addition, government initiatives and subsidies for installation of wind turbines are also contributing to the growth of this market. The global braking systems for the wind turbines market is segmented on the basis of type, application, and region. On the basis of type, it is divided into blanket barrel heaters, silicone barrel heaters, metal barrel heaters, and others. By application, it is classified into chemical industry, pharmaceutical industry,, plastics industry,, and others,. Region-wise,. it covers North America,, Latin America,, Europe,,,, Asia Pacific,,,,and Middle East & Africa (MEA). Some key players in this market include ABB Ltd., Siemens AG., Eaton Corporation Plc., General Electric Company (GE), Hitachi Ltd., Mitsubishi Heavy Industries Ltd.
Product Definition:
A braking system for wind turbines is a necessary piece of equipment to safely stop the turbine in the event of a failure. The brake must be able to quickly and reliably stop the turbine under high winds.
Blanket Barrel Heaters:
Blanket barrel heaters are used in braking systems for the wind turbines. The primary function of these devices is to provide a uniform and consistent flow of heat transfer fluid across the blades, which reduces their temperature and thus increases their efficiency.
The growth factor for this market is driven by factors such as growing demand from countries with cold climatic conditions, technological advancements in energy production & consumption, rising government initiatives towards renewable energy generation along with increasing awareness among consumers regarding its benefits.
Silicone Barrel Heaters:
Silicone barrel heaters are used in braking systems for the wind turbines. The primary function of these devices is to keep the brake fluid at a constant temperature during its application. Constant temperature ensures that every particle of brake fluid has an equal opportunity to operate effectively, resulting in uniformity and consistency in performance.
The silicone-based product line includes various products such as diaphragms, calipers,.
Application Insights:
The demand for the wind turbines in the electricity generation segment accounted for more than 70.0% of the global market share in 2017. The growing need to curb greenhouse gas emissions and promote energy efficiency has resulted in a surge in demand for clean energy sources such as wind power, which is anticipated to propel industry growth over the forecast period.
The increasing use of these devices by airports and aerospace companies to reduce aircraft noise pollution is expected to have a positive impact on industry growth over the coming years. In addition, these systems are used at various other industries including chemical, pharmaceuticals and plastics where they provide benefits including increased productivity along with safety & reliability benefits required by industrial consumers worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies, such as China, India, and Japan; growing industrialization; increasing electricity demand from expanding population; and rapid growth of industries including chemicals & petrochemicals, power generation/generation & electronics are some factors anticipated to drive the regional market.
The European region accounted for a significant share in terms of revenue owing to large-scale adoption by major wind turbine manufacturers. However, it is expected to witness sluggish growth due to stringent government regulations regarding wind farms installation in remote areas with low population density along with aesthetic concerns about turbines' noise level may affect overall industry development.
Growth Factors:
- Increasing demand for wind energy: The global installed capacity of wind energy is expected to grow at a CAGR of around 10% during the forecast period. This will result in an increase in the demand for braking systems for wind turbines.
- Technological advancements: The development of new and innovative braking systems is expected to drive the growth of the market during the forecast period. These systems are more efficient and offer better performance as compared to traditional braking systems.
- Regulations promoting renewable energy: Governments across various countries are promoting renewable sources of energy, such as wind power, through regulations and incentives schemes. This is likely to boost the demand for braking systems for wind turbines in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Braking Systems for the Wind Turbines Market Research Report
By Type
Blanket Barrel Heaters, Silicone Barrel Heaters, Metal Barrel Heaters, Others
By Application
Chemical Industry, Pharmaceutical Industry, Plastics Industry, Others
By Companies
NIBE, Tempco, Hillesheim GmbH, Vulcanic, Thermon, Rama Corporation, Watlow, Omega Engineering, Chromalox
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Braking Systems for the Wind Turbines Market Report Segments:
The global Braking Systems for the Wind Turbines market is segmented on the basis of:
Types
Blanket Barrel Heaters, Silicone Barrel Heaters, Metal Barrel Heaters, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industry, Pharmaceutical Industry, Plastics Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NIBE
- Tempco
- Hillesheim GmbH
- Vulcanic
- Thermon
- Rama Corporation
- Watlow
- Omega Engineering
- Chromalox
Highlights of The Braking Systems for the Wind Turbines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blanket Barrel Heaters
- Silicone Barrel Heaters
- Metal Barrel Heaters
- Others
- By Application:
- Chemical Industry
- Pharmaceutical Industry
- Plastics Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Braking Systems for the Wind Turbines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Braking systems for wind turbines are used to stop the turbine from spinning when it is not in use.
Some of the major companies in the braking systems for the wind turbines market are NIBE, Tempco, Hillesheim GmbH, Vulcanic, Thermon, Rama Corporation, Watlow, Omega Engineering, Chromalox.
The braking systems for the wind turbines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Braking Systems for the Wind Turbines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Braking Systems for the Wind Turbines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Braking Systems for the Wind Turbines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Braking Systems for the Wind Turbines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Braking Systems for the Wind Turbines Market Size & Forecast, 2020-2028
4.5.1 Braking Systems for the Wind Turbines Market Size and Y-o-Y Growth
4.5.2 Braking Systems for the Wind Turbines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Blanket Barrel Heaters
5.2.2 Silicone Barrel Heaters
5.2.3 Metal Barrel Heaters
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Pharmaceutical Industry
6.2.3 Plastics Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Braking Systems for the Wind Turbines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Braking Systems for the Wind Turbines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Blanket Barrel Heaters
9.6.2 Silicone Barrel Heaters
9.6.3 Metal Barrel Heaters
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Pharmaceutical Industry
9.10.3 Plastics Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Blanket Barrel Heaters
10.6.2 Silicone Barrel Heaters
10.6.3 Metal Barrel Heaters
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Pharmaceutical Industry
10.10.3 Plastics Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Blanket Barrel Heaters
11.6.2 Silicone Barrel Heaters
11.6.3 Metal Barrel Heaters
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Pharmaceutical Industry
11.10.3 Plastics Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Blanket Barrel Heaters
12.6.2 Silicone Barrel Heaters
12.6.3 Metal Barrel Heaters
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Pharmaceutical Industry
12.10.3 Plastics Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Blanket Barrel Heaters
13.6.2 Silicone Barrel Heaters
13.6.3 Metal Barrel Heaters
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Pharmaceutical Industry
13.10.3 Plastics Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Braking Systems for the Wind Turbines Market: Competitive Dashboard
14.2 Global Braking Systems for the Wind Turbines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIBE
14.3.2 Tempco
14.3.3 Hillesheim GmbH
14.3.4 Vulcanic
14.3.5 Thermon
14.3.6 Rama Corporation
14.3.7 Watlow
14.3.8 Omega Engineering
14.3.9 Chromalox
