Wind Turbine Gearbox Market Scope, Analysis, and Trends by 2030
Wind Turbine Gearbox Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 5,565.36 Million |
| Market Size by 2030 | US$ 11,581.50 Million |
| Global CAGR (2022 - 2030) | 9.6% |
| Historical Data | 2020-2022 |
| Forecast period | 2022-2030 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Key Player Analysis:
Siemens Gamesa Renewable Energy SA, General Electric, Mitsubishi Heavy Industries, Vestas Wind Systems, Elecon Engineering Company Limited, ME Production AS, ZF Friedrichshafen AG, Flender GmbH, Dana Motion Systems, Stork Gears & Services BVare are among the key wind turbine gearbox market players profiled during this study. In addition, several other important wind turbine gearbox market players have been studied and analyzed during the study to get a holistic view of the wind turbine gearbox market and its ecosystem.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the wind turbine gearbox market. A few recent developments by the key wind turbine gearbox market players are listed below:
Date | News | Region |
June-2022 | In June 2022, Eickhoff Wind Asia, Germany-headquartered company has established a new manufacturing unit near Chennai India). The new unit facility would focus on wind gearboxes that in turn will strengthen the geographical presence of Eickhoff in Asia. Storage, assembly, and testing of gearboxes up to a size of 8 MW would be the key functions of the unit | Europe |
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