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The wind turbine condition monitoring system market is forecasted to grow by USD 159.5 million during 2023-2028, accelerating at a CAGR of 8.2% during the forecast period. The report on the wind turbine condition monitoring system 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of scada in wind turbine systems, increase in demand for wind turbine condition monitoring system from offshore wind turbines, and innovations and advancements in wind turbine monitoring systems.
The wind turbine condition monitoring system market is segmented as below:
By Type
- Equipment
- Software
By Application
- Onshore wind turbines
- Offshore wind turbines
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the wind turbine condition monitoring system market covers the following areas:
- Wind turbine condition monitoring system market sizing
- Wind turbine condition monitoring system market forecast
- Wind turbine condition monitoring system market industry analysis
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 report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global wind turbine condition monitoring system market: AB SKF, Advantech Co. Ltd., American Superconductor Corp., Avnet Inc., Bachmann electronic GmbH, Baker Hughes Co., Emerson Electric Co., ENERCON GmbH, Envision Group, Flender GmbH, Fluke Corp., General Electric Co., Hansford Sensors Ltd., HIMA Paul Hildebrandt GmbH, ifm electronic gmbh, James Fisher and Sons Plc, Nordex SE, NSK Ltd., ONYX Insight, Robert Bosch GmbH, Siemens AG, TUV Rheinland AG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising necessity of remote and e-monitoring of wind turbines."
According to the report, one of the major drivers for this market is the rising adoption of scada in wind turbine systems.
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:
- AB SKF
- Advantech Co. Ltd.
- American Superconductor Corp.
- Avnet Inc.
- Bachmann electronic GmbH
- Baker Hughes Co.
- Emerson Electric Co.
- ENERCON GmbH
- Envision Group
- Flender GmbH
- Fluke Corp.
- General Electric Co.
- Hansford Sensors Ltd.
- HIMA Paul Hildebrandt GmbH
- ifm electronic gmbh
- James Fisher and Sons Plc
- Nordex SE
- NSK Ltd.
- ONYX Insight
- Robert Bosch GmbH
- Siemens AG
- TUV Rheinland AG
- Yokogawa Electric Corp.