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The publisher has been monitoring the wind turbine shaft market and it is poised to grow by $2.00 bn during 2022-2026 progressing at a CAGR of 7.49% during the forecast period. The report on the wind turbine shaft market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rapid growth of the global wind power market, rising investments in clean sources of energy, and regulatory support for wind energy projects.
The wind turbine shaft market analysis includes the application segment and geographic landscape.
The wind turbine shaft market is segmented as below:
By Application
- Onshore
- Offshore
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increasing government initiatives for the use of renewable energy resources as one of the prime reasons driving the wind turbine shaft market growth during the next few years. Also, increasing M&A, collaborations, and partnerships, and increase in new product launches will lead to sizable demand in the market.
The report on wind turbine shaft market covers the following areas:
- Wind turbine shaft market sizing
- Wind turbine shaft market forecast
- Wind turbine shaft market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind turbine shaft market vendors that include ABB Ltd., Acciona SA, B and D Industrial, Bergey Wind Power Co., Broadwind Energy Inc., General Electric Co., Jiangsu Huixuan New Energy Equipment Co. Ltd., Jiangyin Zenkung Forging Co. Ltd, Luoyang Yujie Industry and Trade Co. Ltd, Mingyang Smart Energy Group Co. Ltd., Nordex SE, Schaeffler AG, Senvion Wind Technology Pvt. Ltd., Siemens AG, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Altra Industrial Motion Corp., and SANY Group. Also, the wind turbine shaft market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning
2. Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3. Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4. Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5. Market Segmentation by Application
5.1 Market segments
Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application
5.3 Onshore - Market size and forecast 2021-2026
Exhibit 28: Chart on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Onshore - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Onshore - Year-over-year growth 2021-2026 (%)
5.4 Offshore - Market size and forecast 2021-2026
Exhibit 32: Chart on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Offshore - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Offshore - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Application
Exhibit 36: Market opportunity by Application ($ million)
6. Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 North America - Market size and forecast 2021-2026
Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.8 China - Market size and forecast 2021-2026
Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
7.9 US - Market size and forecast 2021-2026
Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
7.10 UK - Market size and forecast 2021-2026
Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
7.11 India - Market size and forecast 2021-2026
Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
7.12 Germany - Market size and forecast 2021-2026
Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9. Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10. Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 B and D Industrial
Exhibit 89: B and D Industrial - Overview
Exhibit 90: B and D Industrial - Product / Service
Exhibit 91: B and D Industrial - Key offerings
10.4 Broadwind Energy Inc.
Exhibit 92: Broadwind Energy Inc. - Overview
Exhibit 93: Broadwind Energy Inc. - Business segments
Exhibit 94: Broadwind Energy Inc. - Key offerings
Exhibit 95: Broadwind Energy Inc. - Segment focus
10.5 General Electric Co.
Exhibit 96: General Electric Co. - Overview
Exhibit 97: General Electric Co. - Business segments
Exhibit 98: General Electric Co. - Key news
Exhibit 99: General Electric Co. - Key offerings
Exhibit 100: General Electric Co. - Segment focus
10.6 Luoyang Yujie Industry and Trade Co. Ltd
Exhibit 101: Luoyang Yujie Industry and Trade Co. Ltd - Overview
Exhibit 102: Luoyang Yujie Industry and Trade Co. Ltd - Product / Service
Exhibit 103: Luoyang Yujie Industry and Trade Co. Ltd - Key offerings
10.7 Mingyang Smart Energy Group Co. Ltd.
Exhibit 104: Mingyang Smart Energy Group Co. Ltd. - Overview
Exhibit 105: Mingyang Smart Energy Group Co. Ltd. - Product / Service
Exhibit 106: Mingyang Smart Energy Group Co. Ltd. - Key offerings
10.8 Schaeffler AG
Exhibit 107: Schaeffler AG - Overview
Exhibit 108: Schaeffler AG - Business segments
Exhibit 109: Schaeffler AG - Key offerings
Exhibit 110: Schaeffler AG - Segment focus
10.9 Senvion Wind Technology Pvt. Ltd.
Exhibit 111: Senvion Wind Technology Pvt. Ltd. - Overview
Exhibit 112: Senvion Wind Technology Pvt. Ltd. - Product / Service
Exhibit 113: Senvion Wind Technology Pvt. Ltd. - Key offerings
10.10 Siemens AG
Exhibit 114: Siemens AG - Overview
Exhibit 115: Siemens AG - Business segments
Exhibit 116: Siemens AG - Key news
Exhibit 117: Siemens AG - Key offerings
Exhibit 118: Siemens AG - Segment focus
10.11 Sinovel Wind Group Co. Ltd.
Exhibit 119: Sinovel Wind Group Co. Ltd. - Overview
Exhibit 120: Sinovel Wind Group Co. Ltd. - Product / Service
Exhibit 121: Sinovel Wind Group Co. Ltd. - Key offerings
10.12 Suzlon Energy Ltd.
Exhibit 122: Suzlon Energy Ltd. - Overview
Exhibit 123: Suzlon Energy Ltd. - Business segments
Exhibit 124: Suzlon Energy Ltd. - Key offerings
Exhibit 125: Suzlon Energy Ltd. - Segment focus
11. Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 126: Inclusions checklist
Exhibit 127: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 128: Currency conversion rates for US$
11.4 Research methodology
Exhibit 129: Research methodology
Exhibit 130: Validation techniques employed for market sizing
Exhibit 131: Information sources
11.5 List of abbreviations
Exhibit 132: List of abbreviations
List of ExhibitsExhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Vendor Market Positioning
Exhibits 9: Parent market
Exhibits 10: Market Characteristics
Exhibits 11: Offerings of vendors included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 17: Five forces analysis - Comparison between2021 and 2026
Exhibits 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits 20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits 21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits 22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits 23: Chart on Market condition - Five forces 2021 and 2026
Exhibits 24: Chart on Application - Market share 2021-2026 (%)
Exhibits 25: Data Table on Application - Market share 2021-2026 (%)
Exhibits 26: Chart on Comparison by Application
Exhibits 27: Data Table on Comparison by Application
Exhibits 28: Chart on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibits 29: Data Table on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibits 30: Chart on Onshore - Year-over-year growth 2021-2026 (%)
Exhibits 31: Data Table on Onshore - Year-over-year growth 2021-2026 (%)
Exhibits 32: Chart on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibits 33: Data Table on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibits 34: Chart on Offshore - Year-over-year growth 2021-2026 (%)
Exhibits 35: Data Table on Offshore - Year-over-year growth 2021-2026 (%)
Exhibits 36: Market opportunity by Application ($ million)
Exhibits 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 40: Chart on Geographic comparison
Exhibits 41: Data Table on Geographic comparison
Exhibits 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibits 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
Exhibits 62: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibits 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibits 64: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibits 65: Data Table on China - Year-over-year growth 2021-2026 (%)
Exhibits 66: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits 68: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits 69: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibits 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibits 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
Exhibits 74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibits 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibits 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibits 77: Data Table on India - Year-over-year growth 2021-2026 (%)
Exhibits 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibits 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
Exhibits 82: Market opportunity By Geographical Landscape ($ million)
Exhibits 83: Impact of drivers and challenges in 2021 and 2026
Exhibits 84: Overview on Criticality of inputs and Factors of differentiation
Exhibits 85: Overview on factors of disruption
Exhibits 86: Impact of key risks on business
Exhibits 87: Vendors covered
Exhibits 88: Matrix on vendor position and classification
Exhibits 89: B and D Industrial - Overview
Exhibits 90: B and D Industrial - Product / Service
Exhibits 91: B and D Industrial - Key offerings
Exhibits 92: Broadwind Energy Inc. - Overview
Exhibits 93: Broadwind Energy Inc. - Business segments
Exhibits 94: Broadwind Energy Inc. - Key offerings
Exhibits 95: Broadwind Energy Inc. - Segment focus
Exhibits 96: General Electric Co. - Overview
Exhibits 97: General Electric Co. - Business segments
Exhibits 98: General Electric Co. - Key news
Exhibits 99: General Electric Co. - Key offerings
Exhibits 100: General Electric Co. - Segment focus
Exhibits 101: Luoyang Yujie Industry and Trade Co. Ltd - Overview
Exhibits 102: Luoyang Yujie Industry and Trade Co. Ltd - Product / Service
Exhibits 103: Luoyang Yujie Industry and Trade Co. Ltd - Key offerings
Exhibits 104: Mingyang Smart Energy Group Co. Ltd. - Overview
Exhibits 105: Mingyang Smart Energy Group Co. Ltd. - Product / Service
Exhibits 106: Mingyang Smart Energy Group Co. Ltd. - Key offerings
Exhibits 107: Schaeffler AG - Overview
Exhibits 108: Schaeffler AG - Business segments
Exhibits 109: Schaeffler AG - Key offerings
Exhibits 110: Schaeffler AG - Segment focus
Exhibits 111: Senvion Wind Technology Pvt. Ltd. - Overview
Exhibits 112: Senvion Wind Technology Pvt. Ltd. - Product / Service
Exhibits 113: Senvion Wind Technology Pvt. Ltd. - Key offerings
Exhibits 114: Siemens AG - Overview
Exhibits 115: Siemens AG - Business segments
Exhibits 116: Siemens AG - Key news
Exhibits 117: Siemens AG - Key offerings
Exhibits 118: Siemens AG - Segment focus
Exhibits 119: Sinovel Wind Group Co. Ltd. - Overview
Exhibits 120: Sinovel Wind Group Co. Ltd. - Product / Service
Exhibits 121: Sinovel Wind Group Co. Ltd. - Key offerings
Exhibits 122: Suzlon Energy Ltd. - Overview
Exhibits 123: Suzlon Energy Ltd. - Business segments
Exhibits 124: Suzlon Energy Ltd. - Key offerings
Exhibits 125: Suzlon Energy Ltd. - Segment focus
Exhibits 126: Inclusions checklist
Exhibits 127: Exclusions checklist
Exhibits 128: Currency conversion rates for US$
Exhibits 129: Research methodology
Exhibits 130: Validation techniques employed for market sizing
Exhibits 131: Information sources
Exhibits 132: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global wind turbine shaft market: ABB Ltd., Acciona SA, B and D Industrial, Bergey Wind Power Co., Broadwind Energy Inc., General Electric Co., Jiangsu Huixuan New Energy Equipment Co. Ltd., Jiangyin Zenkung Forging Co. Ltd, Luoyang Yujie Industry and Trade Co. Ltd, Mingyang Smart Energy Group Co. Ltd., Nordex SE, Schaeffler AG, Senvion Wind Technology Pvt. Ltd., Siemens AG, Sinovel Wind Group Co. Ltd., Suzlon Energy Ltd., Altra Industrial Motion Corp., and SANY Group.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing government initiatives for the use of renewable energy resources.`
According to the report, one of the major drivers for this market is the rapid growth of the global wind power market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Acciona SA
- B and D Industrial
- Bergey Wind Power Co.
- Broadwind Energy Inc.
- General Electric Co.
- Jiangsu Huixuan New Energy Equipment Co. Ltd.
- Jiangyin Zenkung Forging Co. Ltd
- Luoyang Yujie Industry and Trade Co. Ltd
- Mingyang Smart Energy Group Co. Ltd.
- Nordex SE
- Schaeffler AG
- Senvion Wind Technology Pvt. Ltd.
- Siemens AG
- Sinovel Wind Group Co. Ltd.
- Suzlon Energy Ltd.
- Altra Industrial Motion Corp.
- SANY Group
