Market Overview:
The global wind-driven generator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for renewable energy sources and the rising awareness about the benefits of using wind-driven generators. The asynchronous wind-driven generator segment is expected to dominate the global market in terms of revenue share during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of generators.
Product Definition:
A wind-driven generator is a device that converts the energy in wind into electrical energy. Wind-driven generators are important because they can provide electricity without using fossil fuels, which can help reduce greenhouse gas emissions.
Asynchronous Wind-driven Generator:
Asynchronous wind-driven generator is a type of hydroelectricity plant which uses moving water as its prime source of energy. It is different from the conventional hydropower plants in that it does not rely on the gravity force for power generation but on the velocity of flowing water. The plant consists of a penstock, main shaft, turbine hall and blades, control room equipment etc.
The main shaft rotates clockwise.
Synchronous Wind-driven Generator:
A synchronous wind-driven generator (S W generator) is a type of electric generator that uses the rotational speed of the turbine blades to generate electricity. The S W Generator has no mechanical drives and relies on the aerodynamics for power production. It is different from an induction or steam turbine in which a rotating magnetic field creates electrical energy through the movement of current inducing eddy currents in the core.
Application Insights:
The power plants segment dominated the global wind-driven generator market, accounting for a share of over 60.0% in 2017. The growing need to develop renewable sources of energy, such as solar and wind, for sustainable energy generation is expected to drive the demand for WEGs at power plants across the world. Moreover, technological advancements in WEGs coupled with rising installation costs are anticipated to propel their adoption at large scale power generation projects including Taishan 1 and 2 in China and HVDC converter station project in India.
The desalination plant segment is expected to witness significant growth over the forecast period owing to its dependence on fossil fuels as a source of electricity; this has led some countries towards adopting renewable sources of energy such as solar and wind that can provide an alternative source of electricity supply required by desalination plants across various regions globally.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in wind power capacity, which, in turn, is driving the demand for wind-driven generators. China holds a major share within this region owing to favorable government policies and investments aimed at increasing renewable energy capacities such as offshore wind farms and solar panels.
North America held a significant market share of around 20% in terms of revenue due to growing concerns regarding pollution caused by fossil fuels along with rising awareness about renewable energy technologies among consumers & policy makers. Moreover, technological advancements related to better management of large amounts of data generated by turbines are also anticipated to propel industry growth over the coming years. In addition, rising penetration of electric vehicles on account Wind Turbines For Power Generation (WTPG) projects would further drive product demand across North America during the forecast period from 2018 - 2030 (estimated).
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the use of renewable energy sources
- Reduction in the cost of wind-driven generators due to technological advancements
- Growing awareness about the benefits of using renewable energy sources
- Increased investment in research and development for wind-driven generators
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind-driven Generator Market Research Report
By Type
Asynchronous Wind-driven Generator, Synchronous Wind-driven Generator
By Application
Power Plants, Desalination Plants, Other
By Companies
XEMC, Zibo Electric, Suzlon, Dongfeng Electric, Shanghai Nanyang Electric, China CPC, Beizhong Stream Turbine Generator, Engga, Harbin Electric Machinery, VEM, XEMC, Zhuzhou CSR Electric, Lanzhou Electric, Dalian Tianyuan Electric, Nanjing Turbine & Electric Machinery, Flender
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Wind-driven Generator Market Report Segments:
The global Wind-driven Generator market is segmented on the basis of:
Types
Asynchronous Wind-driven Generator, Synchronous Wind-driven Generator
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
Power Plants, Desalination Plants, Other
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:
- XEMC
- Zibo Electric
- Suzlon
- Dongfeng Electric
- Shanghai Nanyang Electric
- China CPC
- Beizhong Stream Turbine Generator
- Engga
- Harbin Electric Machinery
- VEM
- XEMC
- Zhuzhou CSR Electric
- Lanzhou Electric
- Dalian Tianyuan Electric
- Nanjing Turbine & Electric Machinery
- Flender
Highlights of The Wind-driven Generator 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:
- Asynchronous Wind-driven Generator
- Synchronous Wind-driven Generator
- By Application:
- Power Plants
- Desalination Plants
- Other
- 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 Wind-driven Generator 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A wind-driven generator is a machine that converts the kinetic energy of wind into electrical power.
Some of the key players operating in the wind-driven generator market are XEMC, Zibo Electric, Suzlon, Dongfeng Electric, Shanghai Nanyang Electric, China CPC, Beizhong Stream Turbine Generator, Engga, Harbin Electric Machinery, VEM, XEMC, Zhuzhou CSR Electric, Lanzhou Electric, Dalian Tianyuan Electric, Nanjing Turbine & Electric Machinery, Flender.
The wind-driven generator 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 Wind-driven Generator 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 Wind-driven Generator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wind-driven Generator 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 Wind-driven Generator 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 Wind-driven Generator Market Size & Forecast, 2020-2028
4.5.1 Wind-driven Generator Market Size and Y-o-Y Growth
4.5.2 Wind-driven Generator 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 Asynchronous Wind-driven Generator
5.2.2 Synchronous Wind-driven Generator
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 Power Plants
6.2.2 Desalination Plants
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wind-driven Generator 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 Wind-driven Generator 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 Asynchronous Wind-driven Generator
9.6.2 Synchronous Wind-driven Generator
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 Power Plants
9.10.2 Desalination Plants
9.10.3 Other
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 Asynchronous Wind-driven Generator
10.6.2 Synchronous Wind-driven Generator
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 Power Plants
10.10.2 Desalination Plants
10.10.3 Other
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 Asynchronous Wind-driven Generator
11.6.2 Synchronous Wind-driven Generator
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 Power Plants
11.10.2 Desalination Plants
11.10.3 Other
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 Asynchronous Wind-driven Generator
12.6.2 Synchronous Wind-driven Generator
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 Power Plants
12.10.2 Desalination Plants
12.10.3 Other
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 Asynchronous Wind-driven Generator
13.6.2 Synchronous Wind-driven Generator
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 Power Plants
13.10.2 Desalination Plants
13.10.3 Other
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 Wind-driven Generator Market: Competitive Dashboard
14.2 Global Wind-driven Generator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 XEMC
14.3.2 Zibo Electric
14.3.3 Suzlon
14.3.4 Dongfeng Electric
14.3.5 Shanghai Nanyang Electric
14.3.6 China CPC
14.3.7 Beizhong Stream Turbine Generator
14.3.8 Engga
14.3.9 Harbin Electric Machinery
14.3.10 VEM
14.3.11 XEMC
14.3.12 Zhuzhou CSR Electric
14.3.13 Lanzhou Electric
14.3.14 Dalian Tianyuan Electric
14.3.15 Nanjing Turbine & Electric Machinery
14.3.16 Flender
