Global wind turbine bearings market projected to reach $7.8B by 2020

Research and Markets has announced the addition of the “Global Wind Turbine Bearings Market – Growth Trends and Forecasts (2015-2020)” report to their offering.

Wind power generation has been a proven technology and emits no carbon dioxide. It has gained widespread acceptance as the cleanest and most environmentally friendly form of energy. The increasing reliability of the system, especially the wind turbine, while reducing the operating expenditure remains a challenge in the wind power industry.

global_wind_turbine_bearings_market_analysis_byBearings are one of the most important components of wind turbines and require designs that optimize reliability and economic efficiency while taking into account the characteristics of the applications. Bearings in wind turbines are subjected to extreme operational environments in terms of temperature, load fluctuation, maintenance access and lubricant optimization. As rotor diameters increase, the bearings becomes even more critical.

This market is driven by a number of factors, such as the large number of ongoing projects and innovations in the wind power generation sector along with the growing demand for efficient wind turbine components, especially the growth in emerging economies in Asia-Pacific, with India and China being the key drivers.

However, the wind turbine bearing market faces certain drawbacks, such as high initial investments, complex manufacturing methods and with a few ecological concerns of wind power, such as land use and wildlife habitat. These factors may act as a roadblock to the growth of the market.

Companies Mentioned:

  • ZWZ
  • ZYS Luoyang LYC Bearing
  • Zhejiang Tianma Bearing
  • DYZV
  • SKF Sweden
  • Xibei Bearing
  • Rothe Erde
  • NSK
  • Schaeffler Group
  • Rollix
  • Kaydon

Key Topics Covered:

  1. Introduction
  2. Key Deliverables of the Study
  3. Executive Summary
  4. Research Methodology
  5. Markets Covered
  6. Market Overview
  7. Market Dynamics
  8. Global Wind turbine bearings Manufacturing Industry value Chain Analysis
  9. By Application
  10. By deployment
  11. By turbine capacity
  12. By Geography
  13. Key Company Analysis
  14. Competitive Landscape

For more information visit this website.

Research and Markets

Speak Your Mind