Market Overview:
The global direct drive wind turbine generators market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for clean and renewable energy sources across the globe. In addition, government initiatives and subsidies for installation of wind turbines are also fueling the growth of this market. Based on type, the global direct drive wind turbine generators market is segmented into 5 kW, 10 kW, 15 kW, and others. Among these segments, 10 kW segment is expected to witness highest growth during the forecast period owing to its high efficiency and low cost as compared to other types of turbines. Based on application, the global direct drive wind turbine generators market is segmented into offshore and onshore applications. Among these segments, offshore application is expected to witness highest growth during the forecast period owing to increasing demand for clean energy from countries located in coastal areas.
Product Definition:
A direct drive wind turbine generator is a type of wind turbine where the electric generator is directly attached to the rotor shaft. This eliminates the need for a gearbox, which can be a weak point in other designs. Direct drive generators are often more expensive to manufacture, but they are more reliable and require less maintenance than geared turbines.
5KW:
5KW is the power rating of wind turbines which are used to generate electricity. The 5KW wind turbine has a capacity of producing enough power for a household of four and also covers the basic energy needs of an average small business. Wind turbines with 5 kW capacity are best suited for residential areas, small towns, and rural areas where there is ample space available around the turbine location to accommodate it.
10KW:
The 10KW is the power output in terms of kW which is used to convert the rotational kinetic energy into electrical energy. The direct drive wind turbines have a simple design and are easy to install. These types of turbines can be installed on any type of land, including hilly or uneven land as they do not require a foundation.
These types of turbines are highly efficient.
Application Insights:
The offshore application segment accounted for the largest share of over 75% in 2017. The growing need to reduce greenhouse gas emissions has driven the adoption of clean energy sources, such as wind turbines, across numerous industries. Offshore platforms are usually installed in deep water bodies far from land and sea-based hazards.
These turbines are long-distance power suppliers that do not require a large land area for installation and maintenance purposes owing to their remote location. Furthermore, they can withstand extreme weather conditions due to its exposed position away from the shoreline; this property increases their market penetration across industrial applications globally.
Onshore applications include both commercial and residential buildings; these generators are used on small or medium size buildings depending upon their power requirements (generally up to 15KW).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China accounted for maximum installation of DDWTs across the globe owing to various factors such as low cost of installation, availability of wind resources, and government support. The country has installed more than 300 units across different offshore sites in last few years.
North America held a significant share in terms of revenue generation due to high penetration rates witnessed by direct drive turbines with respect to their counterparts using conventional gearing systems. Moreover, presence of prominent players such as General Electric; Siemens; Gamesa Corporation; Nordex SE; and Westinghouse Electric Company is likely to boost regional growth over next eight years or so. However, slow pace at which renewable energy sources are being utilized may hinder growth during peak demand seasonality from 2018 through 2025 onshore regionally while offshore remains unaffected until 2023.-2030 time frame.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government policies and regulations supporting the use of renewable energy sources
- Rising prices of traditional fuels such as coal, oil, and natural gas
- Technological advancements in wind turbine generators that improve efficiency and reduce costs
- Growing awareness about the benefits of using renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Drive Wind Turbine Generators Market Research Report
By Type
5KW, 10KW, 15KW, Others
By Application
Offshore, Onshore
By Companies
WEG (EM), Hitachi, GE, XIANGTAN ELECTRIC, Missouri wind and Solar, Schneider, Air Breeze, Xantrex
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Direct Drive Wind Turbine Generators Market Report Segments:
The global Direct Drive Wind Turbine Generators market is segmented on the basis of:
Types
5KW, 10KW, 15KW, 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
Offshore, Onshore
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:
- WEG (EM)
- Hitachi
- GE
- XIANGTAN ELECTRIC
- Missouri wind and Solar
- Schneider
- Air Breeze
- Xantrex
Highlights of The Direct Drive Wind Turbine Generators 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:
- 5KW
- 10KW
- 15KW
- Others
- By Application:
- Offshore
- Onshore
- 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 Direct Drive Wind Turbine Generators 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Direct Drive Wind Turbine Generators are a type of wind turbine that uses a gearbox to convert the rotational motion of the blades into an electric current. This type of wind turbine is more efficient than traditional wind turbines because it does not require a gearbox or other mechanical components to turn the blades.
Some of the key players operating in the direct drive wind turbine generators market are WEG (EM), Hitachi, GE, XIANGTAN ELECTRIC, Missouri wind and Solar, Schneider, Air Breeze, Xantrex.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size & Forecast, 2018-2028
4.5.1 Direct Drive Wind Turbine Generators Market Size and Y-o-Y Growth
4.5.2 Direct Drive Wind Turbine Generators Market Absolute $ Opportunity
Chapter 5 Global Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Type
5.2.1 5KW
5.2.2 10KW
5.2.3 15KW
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Applications
6.2.1 Offshore
6.2.2 Onshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Analysis and Forecast
9.1 Introduction
9.2 North America Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Type
9.6.1 5KW
9.6.2 10KW
9.6.3 15KW
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 Direct Drive Wind Turbine Generators Market Size Forecast by Applications
9.10.1 Offshore
9.10.2 Onshore
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 Direct Drive Wind Turbine Generators Analysis and Forecast
10.1 Introduction
10.2 Europe Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Type
10.6.1 5KW
10.6.2 10KW
10.6.3 15KW
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 Direct Drive Wind Turbine Generators Market Size Forecast by Applications
10.10.1 Offshore
10.10.2 Onshore
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 Direct Drive Wind Turbine Generators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Type
11.6.1 5KW
11.6.2 10KW
11.6.3 15KW
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 Direct Drive Wind Turbine Generators Market Size Forecast by Applications
11.10.1 Offshore
11.10.2 Onshore
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 Direct Drive Wind Turbine Generators Analysis and Forecast
12.1 Introduction
12.2 Latin America Direct Drive Wind Turbine Generators 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 Direct Drive Wind Turbine Generators Market Size Forecast by Type
12.6.1 5KW
12.6.2 10KW
12.6.3 15KW
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 Direct Drive Wind Turbine Generators Market Size Forecast by Applications
12.10.1 Offshore
12.10.2 Onshore
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) Direct Drive Wind Turbine Generators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Direct Drive Wind Turbine Generators 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) Direct Drive Wind Turbine Generators Market Size Forecast by Type
13.6.1 5KW
13.6.2 10KW
13.6.3 15KW
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) Direct Drive Wind Turbine Generators Market Size Forecast by Applications
13.10.1 Offshore
13.10.2 Onshore
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 Direct Drive Wind Turbine Generators Market: Competitive Dashboard
14.2 Global Direct Drive Wind Turbine Generators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WEG (EM)
14.3.2 Hitachi
14.3.3 GE
14.3.4 XIANGTAN ELECTRIC
14.3.5 Missouri wind and Solar
14.3.6 Schneider
14.3.7 Air Breeze
14.3.8 Xantrex
