Market Overview:
The global rotor locks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for renewable energy sources is one of the major factors driving the growth of the global rotor locks market. Rotor locks are used in wind turbines and hydroelectric generators to prevent damage or failure caused by high winds or floods, respectively. The increasing demand for renewable energy sources is resulting in an increase in the installation of wind turbines and hydroelectric generators, which, in turn, is driving the growth of the global rotor locks market. The electric rotor lock segment accounted for a majority share (64%) of the global rotor locks market in 2017 and is expected to maintain its dominance duringthe forecast period from 2018 to 2030. This can be attributedto th efact that electricrotorlocks are more reliableand efficientthan hydraulicrotorlocks .
Product Definition:
A rotor lock is a device that locks the rotor of a helicopter in place so that it cannot rotate. This is used to prevent the blades from rotating while the helicopter is being loaded or unloaded.
Hydraulic Rotor Locks:
Hydraulic rotor locks are used to lock the rotor in place. They are also known as internal or friction clutch because of its working principle. The main function of hydraulic rotor locks is to avoid unwanted movement of the rotor when applying low pressure on the brake lever. This helps in preventing skidding and help control wheel spin, which reduces vehicle speed and increases safety for driver as well as other road users.
Electric Rotor Locks:
Electric rotor locks are used in the electric rotor lock system. They are also known as electromagnetic brakes or electro-mechanical brakes. The main function of this product is to reduce the speed of a vehicle when applied by an emergency brake.
Application Insights:
The wind turbines application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the growing need for energy generation due to rapid urbanization, increasing population and rising demand for electricity across various end-use industries. Rapidly expanding the wind power industry across different regions will boost product demand in rotary locks market over the forecast period.
Hydroelectric generators are expected to be one of fastest growing application segments owing to increased installed capacity from China, Brazil, Russia and India coupled with favorable government policies on promoting large scale development projects in these countries. Increasing number of hydroelectricity projects mainly along with an increase in installed capacities has resulted into boosting product demand globally as a solution against high hydropower locking problems faced by these plants during normal operations leading to reduced power production or even plant shutdowns.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives and regulations for energy conservation along with rising investments in renewable sources of energy generation. Moreover, growing industrialization across emerging economies such as China and India will drive demand for rotary locks in Asia Pacific region.
The European market was valued at USD X million in 2017 owing to stringent government regulations regarding carbon emission coupled with technological advancements associated with wind farm construction process is anticipated to drive demand over the forecast period.
North America held a significant share within rotor locks industry on account that U.S.
Growth Factors:
- Increasing demand for rotor locks in the automotive industry for security purposes.
- Growing popularity of smart locks and increasing demand for advanced security systems.
- Rising concerns over vehicle theft and the need for enhanced security measures.
- Proliferation of online shopping and the need for secure delivery systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotor Locks Market Research Report
By Type
Hydraulic Rotor Locks, Electric Rotor Locks
By Application
Wind Turbines, Hydroelectric Generators
By Companies
Altra Industrial Motion, SIBRE, Romheld GmbH, Trebu Technology, KTR, Pintsch Bubenzer
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rotor Locks Market Report Segments:
The global Rotor Locks market is segmented on the basis of:
Types
Hydraulic Rotor Locks, Electric Rotor Locks
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
Wind Turbines, Hydroelectric Generators
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:
- Altra Industrial Motion
- SIBRE
- Romheld GmbH
- Trebu Technology
- KTR
- Pintsch Bubenzer
Highlights of The Rotor Locks 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:
- Hydraulic Rotor Locks
- Electric Rotor Locks
- By Application:
- Wind Turbines
- Hydroelectric Generators
- 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 Rotor Locks 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?
Rotor locks are a type of security feature found on many vehicles. When activated, they prevent the vehicle from being started unless the correct key is inserted.
Some of the major companies in the rotor locks market are Altra Industrial Motion, SIBRE, Romheld GmbH, Trebu Technology, KTR, Pintsch Bubenzer.
The rotor locks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rotor Locks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rotor Locks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rotor Locks Market - Supply Chain
4.5. Global Rotor Locks Market Forecast
4.5.1. Rotor Locks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rotor Locks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rotor Locks Market Absolute $ Opportunity
5. Global Rotor Locks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rotor Locks Market Size and Volume Forecast by Type
5.3.1. Hydraulic Rotor Locks
5.3.2. Electric Rotor Locks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rotor Locks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rotor Locks Market Size and Volume Forecast by Application
6.3.1. Wind Turbines
6.3.2. Hydroelectric Generators
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rotor Locks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rotor Locks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rotor Locks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rotor Locks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rotor Locks Demand Share Forecast, 2019-2026
9. North America Rotor Locks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rotor Locks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rotor Locks Market Size and Volume Forecast by Application
9.4.1. Wind Turbines
9.4.2. Hydroelectric Generators
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rotor Locks Market Size and Volume Forecast by Type
9.7.1. Hydraulic Rotor Locks
9.7.2. Electric Rotor Locks
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rotor Locks Demand Share Forecast, 2019-2026
10. Latin America Rotor Locks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rotor Locks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rotor Locks Market Size and Volume Forecast by Application
10.4.1. Wind Turbines
10.4.2. Hydroelectric Generators
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rotor Locks Market Size and Volume Forecast by Type
10.7.1. Hydraulic Rotor Locks
10.7.2. Electric Rotor Locks
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rotor Locks Demand Share Forecast, 2019-2026
11. Europe Rotor Locks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rotor Locks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rotor Locks Market Size and Volume Forecast by Application
11.4.1. Wind Turbines
11.4.2. Hydroelectric Generators
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rotor Locks Market Size and Volume Forecast by Type
11.7.1. Hydraulic Rotor Locks
11.7.2. Electric Rotor Locks
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By ountry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rotor Locks Demand Share, 2019-2026
12. Asia Pacific Rotor Locks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rotor Locks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rotor Locks Market Size and Volume Forecast by Application
12.4.1. Wind Turbines
12.4.2. Hydroelectric Generators
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rotor Locks Market Size and Volume Forecast by Type
12.7.1. Hydraulic Rotor Locks
12.7.2. Electric Rotor Locks
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rotor Locks Demand Share, 2019-2026
13. Middle East & Africa Rotor Locks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rotor Locks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rotor Locks Market Size and Volume Forecast by Application
13.4.1. Wind Turbines
13.4.2. Hydroelectric Generators
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rotor Locks Market Size and Volume Forecast by Type
13.7.1. Hydraulic Rotor Locks
13.7.2. Electric Rotor Locks
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rotor Locks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rotor Locks Market: Market Share Analysis
14.2. Rotor Locks Distributors and Customers
14.3. Rotor Locks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Altra Industrial Motion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SIBRE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Romheld GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trebu Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KTR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pintsch Bubenzer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
