Market Overview:
The global wind turbine blade bearing (pitch bearing) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for renewable energy and the rising awareness about climate change. In addition, the government initiatives and subsidies for installation of wind turbines are also contributing to the growth of this market. The global wind turbine blade bearing (pitch bearing) market is segmented on the basis of type, application, and region. On the basis of type, it is divided into single row four point contact ball slewing bearings and double row four point contact ball slewing bearings. By application, it is classified into onshore and offshore applications.
 Industry Outlook.svg)
Product Definition:
A wind turbine blade bearing (pitch bearing) is a type of ball or roller bearing that supports the rotation of the blades on a wind turbine. The bearings help to minimize wear and tear on the blades while they rotate and keep them in alignment.
Single Row Four Point Contact Ball Slewing Bearing:
Single Row Four Point Contact Ball Slewing Bearing is a new technology that has been developed to reduce the weight of wind turbine blades. The bearing consists of a race and four contact surfaces which are required to be equally distributed around the race.
The bearing allows for greater stability in high load situations, reduces vibrations and increases reliability at low speeds. These bearings are mainly used in pitch-bearing (rotor) assemblies where high accuracy, low speed operation and long life expectancy are required.
Double Row Four Point Contact Ball Slewing Bearing:
Double Row Four Point Contact Ball slewing bearing and it's usage in wind turbine bladebearing (pitch bearing) market is projected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to growing energy demand coupled with increasing focus on renewable sources of energy generation.
Global double row four point contact ball slewing bearing.
Application Insights:
Onshore application dominated the global wind turbine blade bearing (pitch) market, accounting for over 75% of the revenue share in 2017. Increasing onshore projects to cater to growing demand from countries such as China, India and Brazil is expected to drive product demand over the forecast period.
The offshore segment is anticipated witness a CAGR of XX% from 2018 to 2030 owing to increasing investments in order to develop large-scale offshore turbines that can withstand harsh marine environment and weather conditions. The growth of this segment can be attributed mainly due by factors such as favorable government policies along with technological advancements made in blades and bearings used on these machines which has resulted in increased efficiency leading towards higher production levels across various project types globally.
Regional Analysis:
The Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a rise in offshore wind farms construction, which is anticipated to drive regional growth. In addition, China has emerged as a major market for wind turbines and blades owing to low labor costs coupled with high availability of land.
North America accounted for over 20% of global revenue share in 2017 owing to growing demand from U.S.
Europe was valued at USD X million in 2017 and is expected witness steady growth rate due to increasing installation of new turbines across Germany (offshore), Spain (onshore), UK (onshore) & Denmark(offshore).
Growth Factors:
- Increasing demand for wind energy: The global installed capacity of wind energy is expected to grow at a CAGR of around 10% from 2016 to 2020. This will result in an increase in the demand for wind turbine blade bearings, thereby driving the market growth.
- Technological advancements: The development of new and innovative technologies is aiding the growth of the Wind Turbine Blade Bearing (Pitch Bearing) market. For instance, SKF has developed a bearing that can be used in both horizontal and vertical axis turbines owing to its low-friction design. Such technological advancements are helping manufacturers to offer better products and are thus fuelling market growth.
- Rising awareness about renewable energy: There is an increasing awareness among consumers about renewable sources of energy such as solar and wind power, which is resulting in an increase in their adoption across different regions globally. This is boosting the demand for Wind Turbine Blade Bearing (Pitch Bearing) products, thereby propelling market growth further..
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Turbine Blade Bearing (Pitch Bearing) Market Research Report
By Type
Single Row Four Point Contact Ball Slewing Bearing, Double Row Four Point Contact Ball Slewing Bearing
By Application
Onshore, Offshore
By Companies
SKF, Rollix, Laulagun Bearings - Especialistas en grandes rodamientos, Liebherr, Dalian Metallurgical Bearing Group, ZWZ, IMO, Timken, TMB, NSK, NTN Bearing, Rothe Erde, Schaeffler
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Wind Turbine Blade Bearing (Pitch Bearing) Market Report Segments:
The global Wind Turbine Blade Bearing (Pitch Bearing) market is segmented on the basis of:
Types
Single Row Four Point Contact Ball Slewing Bearing, Double Row Four Point Contact Ball Slewing Bearing
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
Onshore, Offshore
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:
- SKF
- Rollix
- Laulagun Bearings - Especialistas en grandes rodamientos
- Liebherr
- Dalian Metallurgical Bearing Group
- ZWZ
- IMO
- Timken
- TMB
- NSK
- NTN Bearing
- Rothe Erde
- Schaeffler
 Market Overview.svg)
Highlights of The Wind Turbine Blade Bearing (Pitch Bearing) 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:
- Single Row Four Point Contact Ball Slewing Bearing
- Double Row Four Point Contact Ball Slewing Bearing
- By Application:
- Onshore
- Offshore
- 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 Turbine Blade Bearing (Pitch Bearing) 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
 Market Statistics.svg)
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 turbine blade bearing is a type of bearing that is used on blades of wind turbines. It helps to keep the blade in line with the wind and allows the turbine to rotate smoothly.
Some of the major companies in the wind turbine blade bearing (pitch bearing) market are SKF, Rollix, Laulagun Bearings - Especialistas en grandes rodamientos, Liebherr, Dalian Metallurgical Bearing Group, ZWZ, IMO, Timken, TMB, NSK, NTN Bearing, Rothe Erde, Schaeffler.
The wind turbine blade bearing (pitch bearing) 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 Turbine Blade Bearing (Pitch Bearing) 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 Turbine Blade Bearing (Pitch Bearing) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wind Turbine Blade Bearing (Pitch Bearing) 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 Turbine Blade Bearing (Pitch Bearing) 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 Turbine Blade Bearing (Pitch Bearing) Market Size & Forecast, 2020-2028
4.5.1 Wind Turbine Blade Bearing (Pitch Bearing) Market Size and Y-o-Y Growth
4.5.2 Wind Turbine Blade Bearing (Pitch Bearing) 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 Single Row Four Point Contact Ball Slewing Bearing
5.2.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
6.2.2 Offshore
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wind Turbine Blade Bearing (Pitch Bearing) 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 Turbine Blade Bearing (Pitch Bearing) 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 Single Row Four Point Contact Ball Slewing Bearing
9.6.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
9.10.2 Offshore
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 Single Row Four Point Contact Ball Slewing Bearing
10.6.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
10.10.2 Offshore
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 Single Row Four Point Contact Ball Slewing Bearing
11.6.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
11.10.2 Offshore
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 Single Row Four Point Contact Ball Slewing Bearing
12.6.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
12.10.2 Offshore
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 Single Row Four Point Contact Ball Slewing Bearing
13.6.2 Double Row Four Point Contact Ball Slewing Bearing
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 Onshore
13.10.2 Offshore
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 Turbine Blade Bearing (Pitch Bearing) Market: Competitive Dashboard
14.2 Global Wind Turbine Blade Bearing (Pitch Bearing) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF
14.3.2 Rollix
14.3.3 Laulagun Bearings - Especialistas en grandes rodamientos
14.3.4 Liebherr
14.3.5 Dalian Metallurgical Bearing Group
14.3.6 ZWZ
14.3.7 IMO
14.3.8 Timken
14.3.9 TMB
14.3.10 NSK
14.3.11 NTN Bearing
14.3.12 Rothe Erde
14.3.13 Schaeffler
