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Global Direct Drive (Gearless) Wind Turbine Market Growth 2023-2029

Global Direct Drive (Gearless) Wind Turbine Market Growth 2023-2029

Product Code:453669

Published Date: Feb 08,2023

Pages: 115

Region: Global

Category: Machinery & Equipment

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The direct drive (gearless) wind turbine is the low-speed generator that eliminates the need for a gearbox from the turbine’s drive train. Direct drive technology has been praised for its design, which is less complex than gearbox technology, leading to easier operations and maintenance. This appeal has made direct drive especially coveted for use in offshore wind developments. The most preferred direct drive wind turbine generator is the permanent magnet type generator, as it is lighter in weight and possesses high reliability for offshore applications. The reduction of weight seen by direct-drive machines is actually leading to a decrease in costs, especially in terms of manufacturing costs.

LPI (LP Information)' newest research report, the “Direct Drive (Gearless) Wind Turbine Industry Forecast” looks at past sales and reviews total world Direct Drive (Gearless) Wind Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Direct Drive (Gearless) Wind Turbine sales for 2023 through 2029. With Direct Drive (Gearless) Wind Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Direct Drive (Gearless) Wind Turbine industry.

This Insight Report provides a comprehensive analysis of the global Direct Drive (Gearless) Wind Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Direct Drive (Gearless) Wind Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Direct Drive (Gearless) Wind Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Direct Drive (Gearless) Wind Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Direct Drive (Gearless) Wind Turbine.

The global Direct Drive (Gearless) Wind Turbine market size is projected to grow from US$ 26910 million in 2022 to US$ 50270 million in 2029; it is expected to grow at a CAGR of 50270 from 2023 to 2029.

Global Direct Drive (Gearless) Wind Turbine key players include GOLDWIND, Enercon, SIEMENS, GE ENERGY, ALSTOM, etc. Global top five players hold a share about 65%.

Europe is the largest market, with a share about 40%, followed by China and North America, having a total share about 45 percent. 
In terms of product, 1 MW – 3 MW is the largest segment, with a share about 85%. And in terms of application, the largest application is Onshore Application, followed by Offshore Application.

This report presents a comprehensive overview, market shares, and growth opportunities of Direct Drive (Gearless) Wind Turbine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Less than 1 MW
    1 MW – 3 MW
    More than 3 MW

Segmentation by application
    Offshore Application
    Onshore Application

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Goldwind
    Enercon
    Siemens
    GE Energy
    EWT
    Lagerwey Wind
    Leitwind
    United Energies MTOI
    Northern Power Systems
    Avantis Energy
    ReGen Powertech
    XEMC Darwind
    American Superconductor Corp.
    VENSYS Energy
    Ghrepower Green Energy

Key Questions Addressed in this Report
What is the 10-year outlook for the global Direct Drive (Gearless) Wind Turbine market?
What factors are driving Direct Drive (Gearless) Wind Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Direct Drive (Gearless) Wind Turbine market opportunities vary by end market size?
How does Direct Drive (Gearless) Wind Turbine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?