Global Direct Drive Wind Turbine Market 2021 (Includes Business Impact of COVID-19)

  • TBI677681
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Direct Drive Wind Turbine Market 2021 (Includes Business Impact of COVID-19)

Global Direct Drive Wind Turbine Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027 report has been recently generated by Trusted Business Insights, and offers in-depth insights, revenue details, and other vital information regarding the global direct drive wind turbine market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global direct drive wind turbine market report has been segmented on the basis of capacity, technology, and region. Request Covid - 19 Impact The global Direct Drive Wind Turbine market size was valued at USD$31.88 billion in 2020 and is projected to reach $94.69 billion by 2030, and is anticipated to expand at a CAGR of 11.50% over the forecast period from 2020 to 2030. This report is based on synthesis, analysis, and interpretation of information gathered from various sources regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts, with the primary objective being to provide a holistic view of the target market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as current impact, in order to make informed forecasts about the scenarios in the near and distant future. Introduction: Direct drive wind turbines, also known as gearless wind turbines do not have a gearbox which makes them light weighted and increases efficiency. Direct drive wind turbines are enhanced equipment which are used as a replacement for offshore appliance, owing to the less precautionary measure and break down preservation requirements for direct drive wind turbines as compared to conventional wind turbines. Direct drive wind turbines improve consistency of air stream farms and turbines. Dynamics: The global direct drive wind turbine market is expected to register significant growth over the forecast period, owing to increasing progression in the usage of energy across the globe. In addition, increasing energy consumption, in turns, expected to drive growth of the global direct drive wind turbine market. Increasing failures of a conventional wind turbine on account of gear breakdown are also driving demand for a gearless wind turbine. Moreover, direct drive wind turbine eliminates operation, maintenance and preservation challenges of conventional wind turbines. Such factors are expected to augment growth of the global market over the forecast period. Direct drive wind turbines do not require oil cooling techniques which eliminates the chances of environmental risk and fire incident. Therefore, growing favorable ecological regulations on account of eliminating ecological risk, are expected to have a beneficial effect on growth of the global direct drive wind turbine market over the estimated time period. However, high cost associated with the installation of direct drive wind turbines is expected to hinder growth of the global direct drive wind turbine market over the forecast period. In addition, variation in wind speed is a challenge and may have a negative impact on growth of the global market. Continuous research and development activities in the direct drive wind turbine field have resulted in enhancement of installation techniques and designs that are cost effective in nature. Such innovations have also resulted in lower initial investment cost, which in turn is expected to create revenue opportunities for the players in the global market. Analysis by Region: The market in the Asia Pacific is currently dominating the global direct drive wind turbine market and is expected to grow at a substantial growth rate over the forecast period. Markets in India and China are expected to contribute majorly to the revenue share over the forecast period. Furthermore, the North America market is also expected to grow at a significant CAGR over the projected time period, owing to the presence of strong ecological regulatory bodies in the region.

Below are the active patents related to Direct Drive Wind Turbine Market.

Patent Number: US9803694B2 Direct drive wind turbine with a cooling system Abstract A direct drive wind turbine with a cooling system has a generator with a rotor and a stator and a bearing with an inner ring and an outer ring connecting the rotor and the stator rotatively. The cooling system includes at least one heat sink which is in thermal communication with the inner ring of the bearing and a heat dissipater which is in thermal communication with the heat sink. Application File Date: 2010-03-26 Application Granted Date: 2017-10-31 Current Assignee: Siemens Gamesa Renewable Energy AS Patent Number: US8907517B2 Wind turbine power transmission system Abstract A power transmission system for a wind turbine comprises a gearbox and generator. The gearbox includes a gearbox housing and gearbox output member. The generator includes: a generator housing having a drive-end side and non-drive-end side, the drive-end side being coupled to the gearbox housing; a stator supported by the generator housing; a rotor having a rotor shaft coupled to the gearbox output member and a rotor body coupled to the rotor shaft; a non-drive-end shield coupled to the non-drive-end side; a spindle extending from the non-drive-end shield in the axial direction; and at least one generator bearing positioned between the rotor shaft and spindle. The generator bearing(s) support the gearbox output member and rotor shaft. A method of assembling or servicing such a power transmission system is also provided. Application File Date: 2011-10-17 Application Granted Date: 2014-12-09 Current Assignee: Vestas Wind Systems AS Patent Number: US20160010620A1 Marine hydrokinetic turbine Abstract A marine hydrokinetic electric power generator comprises one of a stator and a rotor which is adjustably movable through an infinite number of positions from being proximate to one another so that their magnetic fields overlap mostly to a position such that the rotor is most distant from the stator and has little overlap of magnetic field strength. Hatch and speed control may be also provided by a spur/helical gear assembly of sun and planetary gear sets referred to herein as a Transgear™ gear assembly. The variable (or fixed) power generator in operation may comprise one of a rotor and a stator being out of phase with one another by an angle, for example, the one of the rotor or the stator leading or lagging the other. In this instance, a motor such as a servo motor may be used to rotationally compensate for the out-of-phase angle by radially moving the rotor with respect to the stator or vice versa. The variable (or fixed) power generator may also be applied in a cam-controlled speed converter and a wind turbine electric power generator. The variable power generator of a marine hydrokinetic electric power generator may be used as a low torque generator and a high power-rated generator in these applications and may generate more electric power than a conventional fixed power generator (the rotor axially aligned to overlap the stator in a conventional manner). Application File Date: 2015-08-28 Application Granted Date: 2016-10-25 Current Assignee: Differential Dynamics Corp

Global Direct Drive Wind Turbine Market Segmentation:

Segmentation by Capacity:
  • Less than 1 MW
  • 1MW- 3MW
  • More than 3 MW
Segmentation by Technology:
  • Permanent Magnet Synchronous Generator (PMSG)
  • Electrically Excited Synchronous Generator (EESG)

Key Market Players included in the report:

  • ABB Ltd
  • Alstom
  • American Superconductor
  • Argosy Wind Power
  • Avantis Energy Group
  • Emergya Wind Technologies BV
  • ENERCON GmbH
  • General Electric
  • Godecke Energy
  • Goldwind Science & Technology Co. Ltd
  • Lagerwey Group B.V.
  • LEITNER SpA
  • Leitwind AG
  • M. Torres Olvega Industrial
  • Northern Power Systems
  • ReGen Powertech Pvt. Ltd
  • Siemens Gamesa Renewable Energy S.A.
  • Siemens Wind Power A/S
  • Spain based M. Torres Olvega Industrial S.A.
  • VENSYS Energy AG
  • Voith GmbH
  • Xinjiang Goldwind Science and Technology Co.Ltd.

Below are the key development related to Direct Drive Wind Turbine Market in 2020 and 2021.

July 2021: BayWa RE picks up 700MW German portfolio. BayWa RE has acquired Germany wind developer NWind, comprising a 700MW portfolio of 60 wind projects. With the new addition, BayWa RE has a 2.5GW wind project pipeline under development in Germany. Source October 2020: Vestas to Acquire Full Control of Offshore Turbine Business. The Danish manufacturer will buy out MHI’s stake in an offshore JV and says its new turbine platform will be launched soon. Leading global wind turbine manufacturer Vestas has taken full ownership of its offshore turbine joint venture, MHI Vestas. The Danish company revealed Thursday that it has acquired Mitsubishi Heavy Industries’ half of the offshore business. MHI will take a 2.5 percent stake in Vestas and will be awarded a seat on the board in return. The all-stock deal is valued at around €709 million ($832 million). Vestas is targeting market-leading status in offshore wind by 2025 and will launch a new technology platform in the near future. Source September 2020: Siemens merges wind component units. Merger into Flender will create a “one-stop shop” for wind power customers, according to the head of Siemens’ portfolio companies. Siemens Wind Energy has been integrated into Siemens’ wholly owned Flender subsidiary, merging the industrial giant’s wind generator business with its mechanical drive manufacturing unit. The German company’s wind energy generation unit produces generators and components for direct-drive turbines. Meanwhile, Flender produces mechanical drive systems for wind turbines and other power generation sectors, including mining, as well as oil and gas. It also suppliers gearboxes under the Winergy brand. Source May 2020: Siemens Gamesa Bags Massive 2.64 GW Order for new 14 MW Platform. Siemens Gamesa will conditionally supply SG 14-222 DD offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind project. Siemens Gamesa Renewable Energy will conditionally supply SG 14-222 Direct Drive offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind (CVOW) commercial project. This project will be home to Siemens Gamesa’s latest offshore turbine variant having the capability to produce up to 15 MW with a 222-meter rotor. The exact quantity of turbines to be deployed is subject to final project site conditions. All turbine installations are expected to be completed by 2026. The agreement is subject to certain conditions including Dominion Energy’s final investment decision, governmental permitting, and other required approvals. Source  

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Direct Drive Wind Turbine Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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