Wind Turbine Components Market Size to Grow by USD 27.72 Billion, 58% of Market Growth to Originate from APAC - Technavio

2022-09-17 10:44:33 By : Ms. Meredith Yuan

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NEW YORK , July 11, 2022 /PRNewswire/ --Wind turbines harness wind power to convert it into energy. Wind turbine components include converters, gearboxes, generators, nacelles, rotor blades, rotor hubs, towers, transformers, and other components, which are required for the effective functioning of wind turbines.

The wind turbine components market size is expected to grow by USD from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.42% during the forecast period, according to Technavio.

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The wind turbine components market report covers the following areas:

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We provide a detailed analysis of around 25 vendors operating in the wind turbine components market, including Dongfang Electric Corp., General Electric Co., ISHIBASHI Manufacturing Co. Ltd., Mingyang Smart Energy Group Co. Ltd., Siemens AG, Sinoma Science & Technology Co. Ltd., Suzlon Energy Ltd., Vestas Wind System AS, Xinjiang Goldwind Science & Technology Co. Ltd., and ZF Friedrichshafen AG among others. The key offerings of some of these vendors are listed below:

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Wind Turbine Pitch System Market by Application and Geography - Forecast and Analysis 2022-2026

Wind Turbine Market by Type and Geography - Forecast and Analysis 2022-2026

Wind Turbine Components Market Scope

Accelerate at a CAGR of 5.42%

APAC, Europe, North America, South America, and MEA

China, US, Germany, India, and Spain

Leading companies, competitive strategies, consumer engagement scope

Dongfang Electric Corp., General Electric Co., ISHIBASHI Manufacturing Co. Ltd., Mingyang Smart Energy Group Co. Ltd., Siemens AG, Sinoma Science & Technology Co. Ltd., Suzlon Energy Ltd., Vestas Wind System AS, Xinjiang Goldwind Science & Technology Co. Ltd., and ZF Friedrichshafen AG

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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