Market Overview:
The global wind gear box 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, such as wind energy, across the globe. In addition, government initiatives and regulations supporting the use of renewable energy are also contributing to the growth of this market. The global wind gear box market is segmented on the basis of type, application and region. On the basis of type, it is divided into JLFD56, JLFD63, JLFD71 and other types. The JLFD56 segment accounts for a major share in terms of revenue in this market owing to its high efficiency and low noise levels as compared to other types available in this market. By application, it is classified into municipal applications; power plants; oil & gas; mining & metals; marine & shipping; construction & infrastructure development; others (agriculture etc.).
Product Definition:
A wind gear box is a device used to increase the torque of a wind turbine. The importance of a wind gear box is that it allows for more power to be extracted from the turbine, which in turn results in more energy being generated.
JLFD56:
JLFD56 is a new patent pending design by Juniper Networks for 56mm wind turbine gearbox. The main objective of this project was to develop a gearbox with high efficiency at low cost and highest reliability. JLFD56 has been designed keeping in mind the requirements of small-scale renewable energy systems such as micro hydropower plants, which are widely used across the globe owing to their economic benefits and suitability for distributed generation applications.
JLFD63:
JLFD63 is a kind of oil-based, low viscosity fire retardant which can effectively prevent fire occurrence in wind gear boxes. It has high flash point and low volatility, which makes it suitable to be used as a fire retardant. JLFD63 is added in the form of an additive into Polyurethane (PU) or polyamide based composites for improving their thermal resistance property against smoke and heat.
Application Insights:
Municipal was the largest application segment in 2017, accounting for over 50% of the global wind gear box market. The growth can be attributed to growing urbanization and favorable government policies regarding installation of turbines. For instance, according to a study conducted by IEA in 2018, municipal sector is likely to account for 60% of total wind power installations by 2050 globally. Power plants are expected to be the fastest-growing segment from 2018 to 2030 due largelyto increasing need for replacing old conventional power plants with new renewable energy sources that are more efficient and cleaner. Growing demand from industrial as well as commercial sectors is also expected drive growth over the forecast period. Other applications include offshore platforms & DSTC/DWT stations among others (offshore).
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial output, coupled with rising renewable energy generation. Wind farms are also being set up rapidly in this region due to government support and low-cost labor, which is expected to drive industry expansion over the next eight years.
Europe accounted for a significant share of global wind gear box demand owing to rapid installation of wind farms across numerous countries including Germany, Spain, U.K., Netherlands and Sweden among many others as part of efforts undertaken by various governments aimed at reducing carbon emission thereby bolstering the product demand across this region during the forecast period.
North America was estimated as one of the prominent markets for offshore power equipment such as turbines along with other products such as generators and transformers that work together under one package in 2016 by IEEFA (International Energy Agency).
Growth Factors:
- Increasing demand for wind energy due to rising concerns over climate change and greenhouse gas emissions
- Government initiatives and subsidies for installation of wind turbines
- Reduction in the cost of wind energy technology
- Growing demand from developing countries for renewable energy sources
- Technological advancements that improve the efficiency and performance of wind gear boxes
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Gear Box Market Research Report
By Type
JLFD56, JLFD63, JLFD71, Other
By Application
Municipal, Power Plants, Other
By Companies
Winergy, Bosch Rexroth, Broadwind Energy, Moventas, Zollern, Ishibashi, NGC Gears, GE, Flender, Gamesa, China Transmission, Chongqing Gearbox, DHI DCW Group, China National Erzhong Group, Hangzhou Advance Gearbox Group, Ningbo Donly transmission equipment, Guo Dian United Power, Hansen transmissions company, TaiYuan Heavy Industry, Shenyang Blower Works Group
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Wind Gear Box Market Report Segments:
The global Wind Gear Box market is segmented on the basis of:
Types
JLFD56, JLFD63, JLFD71, Other
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
Municipal, Power 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:
- Winergy
- Bosch Rexroth
- Broadwind Energy
- Moventas
- Zollern
- Ishibashi
- NGC Gears
- GE
- Flender
- Gamesa
- China Transmission
- Chongqing Gearbox
- DHI DCW Group
- China National Erzhong Group
- Hangzhou Advance Gearbox Group
- Ningbo Donly transmission equipment
- Guo Dian United Power
- Hansen transmissions company
- TaiYuan Heavy Industry
- Shenyang Blower Works Group
Highlights of The Wind Gear Box 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:
- JLFD56
- JLFD63
- JLFD71
- Other
- By Application:
- Municipal
- Power 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 Gear Box 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?
Wind Gear Box is a type of wind turbine that uses the wind to generate electricity.
Some of the key players operating in the wind gear box market are Winergy, Bosch Rexroth, Broadwind Energy, Moventas, Zollern, Ishibashi, NGC Gears, GE, Flender, Gamesa, China Transmission, Chongqing Gearbox, DHI DCW Group, China National Erzhong Group, Hangzhou Advance Gearbox Group, Ningbo Donly transmission equipment, Guo Dian United Power, Hansen transmissions company, TaiYuan Heavy Industry, Shenyang Blower Works Group.
The wind gear box market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Gear Box 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. Wind Gear Box Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wind Gear Box Market - Supply Chain
4.5. Global Wind Gear Box Market Forecast
4.5.1. Wind Gear Box Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Gear Box Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Gear Box Market Absolute $ Opportunity
5. Global Wind Gear Box 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. Wind Gear Box Market Size and Volume Forecast by Type
5.3.1. JLFD56
5.3.2. JLFD63
5.3.3. JLFD71
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Gear Box 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. Wind Gear Box Market Size and Volume Forecast by Application
6.3.1. Municipal
6.3.2. Power Plants
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Gear Box 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. Wind Gear Box 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 Wind Gear Box 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. Wind Gear Box 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 Wind Gear Box Demand Share Forecast, 2019-2026
9. North America Wind Gear Box 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 Wind Gear Box 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 Wind Gear Box Market Size and Volume Forecast by Application
9.4.1. Municipal
9.4.2. Power Plants
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Gear Box Market Size and Volume Forecast by Type
9.7.1. JLFD56
9.7.2. JLFD63
9.7.3. JLFD71
9.7.4. Other
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 Wind Gear Box Demand Share Forecast, 2019-2026
10. Latin America Wind Gear Box 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 Wind Gear Box 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 Wind Gear Box Market Size and Volume Forecast by Application
10.4.1. Municipal
10.4.2. Power Plants
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Gear Box Market Size and Volume Forecast by Type
10.7.1. JLFD56
10.7.2. JLFD63
10.7.3. JLFD71
10.7.4. Other
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 Wind Gear Box Demand Share Forecast, 2019-2026
11. Europe Wind Gear Box 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 Wind Gear Box 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 Wind Gear Box Market Size and Volume Forecast by Application
11.4.1. Municipal
11.4.2. Power Plants
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Gear Box Market Size and Volume Forecast by Type
11.7.1. JLFD56
11.7.2. JLFD63
11.7.3. JLFD71
11.7.4. Other
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 Country
11.10.2. By Prduct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wind Gear Box Demand Share, 2019-2026
12. Asia Pacific Wind Gear Box 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 Wind Gear Box 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 Wind Gear Box Market Size and Volume Forecast by Application
12.4.1. Municipal
12.4.2. Power Plants
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Gear Box Market Size and Volume Forecast by Type
12.7.1. JLFD56
12.7.2. JLFD63
12.7.3. JLFD71
12.7.4. Other
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 Wind Gear Box Demand Share, 2019-2026
13. Middle East & Africa Wind Gear Box 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 Wind Gear Box 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 Wind Gear Box Market Size and Volume Forecast by Application
13.4.1. Municipal
13.4.2. Power Plants
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Gear Box Market Size and Volume Forecast by Type
13.7.1. JLFD56
13.7.2. JLFD63
13.7.3. JLFD71
13.7.4. Other
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 Wind Gear Box Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Gear Box Market: Market Share Analysis
14.2. Wind Gear Box Distributors and Customers
14.3. Wind Gear Box Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Winergy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bosch Rexroth
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Broadwind Energy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Moventas
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zollern
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ishibashi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NGC Gears
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Flender
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gamesa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. China Transmission
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chongqing Gearbox
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DHI DCW Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. China National Erzhong Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hangzhou Advance Gearbox Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ningbo Donly transmission equipment
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Guo Dian United Power
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hansen transmissions company
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. TaiYuan Heavy Industry
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenyang Blower Works Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
