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Wind Turbine Condition Monitoring System Market 2024-2028

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    Report

  • 203 Pages
  • September 2024
  • Region: Global
  • TechNavio
  • ID: 6020070
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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.

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
This study identifies the rising necessity of remote and e-monitoring of wind turbines as one of the prime reasons driving the wind turbine condition monitoring system market growth during the next few years. Also, introduction of ai and ml in wind turbine condition monitoring systems and rise in wind energy consumption will lead to sizable demand in the market.

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
A robust vendor analysis within the report 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 condition monitoring system market vendors that include 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. Also, the wind turbine condition monitoring system 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 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
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Market Segmentation by Application
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
  • Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
  • Overview on factors of disruption
2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
3.2 Market characteristics
  • Market characteristics analysis
3.3 Value chain analysis
  • Value Chain Analysis
4 Market Sizing
4.1 Market definition
  • Offerings of companies included in the market definition
4.2 Market segment analysis
  • Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ million)
  • Data Table on Global - Market size and forecast 2023-2028 ($ million)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Global Wind Turbine Condition Monitoring System Market 2018 - 2022
  • Historic Market Size - Data Table on Global Wind Turbine Condition Monitoring System Market 2018 - 2022 ($ million)
5.2 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.3 Application segment analysis 2018 - 2022
  • Historic Market Size - Application Segment 2018 - 2022 ($ million)
5.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the global wind turbine condition monitoring system market
7 Five Forces Analysis
7.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
8.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
8.3 Equipment - Market size and forecast 2023-2028
  • Chart on Equipment - Market size and forecast 2023-2028 ($ million)
  • Data Table on Equipment - Market size and forecast 2023-2028 ($ million)
  • Chart on Equipment - Year-over-year growth 2023-2028 (%)
  • Data Table on Equipment - Year-over-year growth 2023-2028 (%)
8.4 Software - Market size and forecast 2023-2028
  • Chart on Software - Market size and forecast 2023-2028 ($ million)
  • Data Table on Software - Market size and forecast 2023-2028 ($ million)
  • Chart on Software - Year-over-year growth 2023-2028 (%)
  • Data Table on Software - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
  • Market opportunity by Type ($ million)
  • Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Application
9.1 Market segments
  • Chart on Application - Market share 2023-2028 (%)
  • Data Table on Application - Market share 2023-2028 (%)
9.2 Comparison by Application
  • Chart on Comparison by Application
  • Data Table on Comparison by Application
9.3 Onshore wind turbines - Market size and forecast 2023-2028
  • Chart on Onshore wind turbines - Market size and forecast 2023-2028 ($ million)
  • Data Table on Onshore wind turbines - Market size and forecast 2023-2028 ($ million)
  • Chart on Onshore wind turbines - Year-over-year growth 2023-2028 (%)
  • Data Table on Onshore wind turbines - Year-over-year growth 2023-2028 (%)
9.4 Offshore wind turbines - Market size and forecast 2023-2028
  • Chart on Offshore wind turbines - Market size and forecast 2023-2028 ($ million)
  • Data Table on Offshore wind turbines - Market size and forecast 2023-2028 ($ million)
  • Chart on Offshore wind turbines - Year-over-year growth 2023-2028 (%)
  • Data Table on Offshore wind turbines - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Application
  • Market opportunity by Application ($ million)
  • Data Table on Market opportunity by Application ($ million)
10 Customer Landscape
10.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
11.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
11.3 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ million)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
11.4 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ million)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
11.5 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on North America - Market size and forecast 2023-2028 ($ million)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
11.6 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ million)
  • Data Table on South America - Market size and forecast 2023-2028 ($ million)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
11.7 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
11.8 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ million)
  • Data Table on China - Market size and forecast 2023-2028 ($ million)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
11.9 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
11.10 Brazil - Market size and forecast 2023-2028
  • Chart on Brazil - Market size and forecast 2023-2028 ($ million)
  • Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
  • Chart on Brazil - Year-over-year growth 2023-2028 (%)
  • Data Table on Brazil - Year-over-year growth 2023-2028 (%)
11.11 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ million)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
11.12 Sweden - Market size and forecast 2023-2028
  • Chart on Sweden - Market size and forecast 2023-2028 ($ million)
  • Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
  • Chart on Sweden - Year-over-year growth 2023-2028 (%)
  • Data Table on Sweden - Year-over-year growth 2023-2028 (%)
11.13 Finland - Market size and forecast 2023-2028
  • Chart on Finland - Market size and forecast 2023-2028 ($ million)
  • Data Table on Finland - Market size and forecast 2023-2028 ($ million)
  • Chart on Finland - Year-over-year growth 2023-2028 (%)
  • Data Table on Finland - Year-over-year growth 2023-2028 (%)
11.14 France - Market size and forecast 2023-2028
  • Chart on France - Market size and forecast 2023-2028 ($ million)
  • Data Table on France - Market size and forecast 2023-2028 ($ million)
  • Chart on France - Year-over-year growth 2023-2028 (%)
  • Data Table on France - Year-over-year growth 2023-2028 (%)
11.15 India - Market size and forecast 2023-2028
  • Chart on India - Market size and forecast 2023-2028 ($ million)
  • Data Table on India - Market size and forecast 2023-2028 ($ million)
  • Chart on India - Year-over-year growth 2023-2028 (%)
  • Data Table on India - Year-over-year growth 2023-2028 (%)
11.16 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
11.17 Spain - Market size and forecast 2023-2028
  • Chart on Spain - Market size and forecast 2023-2028 ($ million)
  • Data Table on Spain - Market size and forecast 2023-2028 ($ million)
  • Chart on Spain - Year-over-year growth 2023-2028 (%)
  • Data Table on Spain - Year-over-year growth 2023-2028 (%)
11.18 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
  • Overview on factors of disruption
13.4 Industry risks
  • Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
  • Companies covered
14.2 Company ranking index
  • Company ranking index
14.3 Market positioning of companies
  • Matrix on companies position and classification
14.4 AB SKF
  • AB SKF - Overview
  • AB SKF - Business segments
  • AB SKF - Key news
  • AB SKF - Key offerings
  • AB SKF - Segment focus
  • SWOT
14.5 Advantech Co. Ltd.
  • Advantech Co. Ltd. - Overview
  • Advantech Co. Ltd. - Business segments
  • Advantech Co. Ltd. - Key news
  • Advantech Co. Ltd. - Key offerings
  • Advantech Co. Ltd. - Segment focus
  • SWOT
14.6 American Superconductor Corp.
  • American Superconductor Corp. - Overview
  • American Superconductor Corp. - Business segments
  • American Superconductor Corp. - Key offerings
  • American Superconductor Corp. - Segment focus
  • SWOT
14.7 Bachmann electronic GmbH
  • Bachmann electronic GmbH - Overview
  • Bachmann electronic GmbH - Product / Service
  • Bachmann electronic GmbH - Key offerings
  • SWOT
14.8 Baker Hughes Co.
  • Baker Hughes Co. - Overview
  • Baker Hughes Co. - Business segments
  • Baker Hughes Co. - Key news
  • Baker Hughes Co. - Key offerings
  • Baker Hughes Co. - Segment focus
  • SWOT
14.9 Emerson Electric Co.
  • Emerson Electric Co. - Overview
  • Emerson Electric Co. - Business segments
  • Emerson Electric Co. - Key news
  • Emerson Electric Co. - Key offerings
  • Emerson Electric Co. - Segment focus
  • SWOT
14.10 Flender GmbH
  • Flender GmbH - Overview
  • Flender GmbH - Product / Service
  • Flender GmbH - Key offerings
  • SWOT
14.11 General Electric Co.
  • General Electric Co. - Overview
  • General Electric Co. - Business segments
  • General Electric Co. - Key news
  • General Electric Co. - Key offerings
  • General Electric Co. - Segment focus
  • SWOT
14.12 Hansford Sensors Ltd.
  • Hansford Sensors Ltd. - Overview
  • Hansford Sensors Ltd. - Product / Service
  • Hansford Sensors Ltd. - Key offerings
  • SWOT
14.13 ifm electronic gmbh
  • ifm electronic gmbh - Overview
  • ifm electronic gmbh - Product / Service
  • ifm electronic gmbh - Key offerings
  • SWOT
14.14 James Fisher and Sons Plc
  • James Fisher and Sons Plc - Overview
  • James Fisher and Sons Plc - Business segments
  • James Fisher and Sons Plc - Key news
  • James Fisher and Sons Plc - Key offerings
  • James Fisher and Sons Plc - Segment focus
  • SWOT
14.15 NSK Ltd.
  • NSK Ltd. - Overview
  • NSK Ltd. - Product / Service
  • NSK Ltd. - Key news
  • NSK Ltd. - Key offerings
  • SWOT
14.16 Robert Bosch GmbH
  • Robert Bosch GmbH - Overview
  • Robert Bosch GmbH - Product / Service
  • Robert Bosch GmbH - Key news
  • Robert Bosch GmbH - Key offerings
  • SWOT
14.17 Siemens AG
  • Siemens AG - Overview
  • Siemens AG - Business segments
  • Siemens AG - Key news
  • Siemens AG - Key offerings
  • Siemens AG - Segment focus
  • SWOT
14.18 TUV Rheinland AG
  • TUV Rheinland AG - Overview
  • TUV Rheinland AG - Product / Service
  • TUV Rheinland AG - Key offerings
  • SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
15.3 Currency conversion rates for US$
  • Currency conversion rates for US$
15.4 Research methodology
  • Research methodology
15.5 Data procurement
  • Information sources
15.6 Data validation
  • Data validation
15.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
15.8 Data synthesis
  • Data synthesis
15.9 360 degree market analysis
  • 360 degree market analysis
15.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 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 Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2023 and 2028
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value Chain Analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 22: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 23: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 24: Historic Market Size - Data Table on Global Wind Turbine Condition Monitoring System Market 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 26: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 27: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 28: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 29: Five forces analysis - Comparison between 2023 and 2028
Exhibits 30: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 31: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 32: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 33: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 34: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 35: Chart on Market condition - Five forces 2023 and 2028
Exhibits 36: Chart on Type - Market share 2023-2028 (%)
Exhibits 37: Data Table on Type - Market share 2023-2028 (%)
Exhibits 38: Chart on Comparison by Type
Exhibits 39: Data Table on Comparison by Type
Exhibits 40: Chart on Equipment - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Equipment - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Equipment - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Equipment - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Software - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Software - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Software - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Software - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Type ($ million)
Exhibits 49: Data Table on Market opportunity by Type ($ million)
Exhibits 50: Chart on Application - Market share 2023-2028 (%)
Exhibits 51: Data Table on Application - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Application
Exhibits 53: Data Table on Comparison by Application
Exhibits 54: Chart on Onshore wind turbines - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Data Table on Onshore wind turbines - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Chart on Onshore wind turbines - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Onshore wind turbines - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Offshore wind turbines - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Offshore wind turbines - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Offshore wind turbines - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Offshore wind turbines - Year-over-year growth 2023-2028 (%)
Exhibits 62: Market opportunity by Application ($ million)
Exhibits 63: Data Table on Market opportunity by Application ($ million)
Exhibits 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 65: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 66: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 67: Chart on Geographic comparison
Exhibits 68: Data Table on Geographic comparison
Exhibits 69: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on Sweden - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on Sweden - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Finland - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Finland - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Finland - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Finland - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 114: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 115: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 118: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 119: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 121: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 122: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 123: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 125: Chart on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits 126: Data Table on Spain - Market size and forecast 2023-2028 ($ million)
Exhibits 127: Chart on Spain - Year-over-year growth 2023-2028 (%)
Exhibits 128: Data Table on Spain - Year-over-year growth 2023-2028 (%)
Exhibits 129: Market opportunity By Geographical Landscape ($ million)
Exhibits 130: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 131: Impact of drivers and challenges in 2023 and 2028
Exhibits 132: Overview on criticality of inputs and factors of differentiation
Exhibits 133: Overview on factors of disruption
Exhibits 134: Impact of key risks on business
Exhibits 135: Companies covered
Exhibits 136: Company ranking index
Exhibits 137: Matrix on companies position and classification
Exhibits 138: AB SKF - Overview
Exhibits 139: AB SKF - Business segments
Exhibits 140: AB SKF - Key news
Exhibits 141: AB SKF - Key offerings
Exhibits 142: AB SKF - Segment focus
Exhibits 143: SWOT
Exhibits 144: Advantech Co. Ltd. - Overview
Exhibits 145: Advantech Co. Ltd. - Business segments
Exhibits 146: Advantech Co. Ltd. - Key news
Exhibits 147: Advantech Co. Ltd. - Key offerings
Exhibits 148: Advantech Co. Ltd. - Segment focus
Exhibits 149: SWOT
Exhibits 150: American Superconductor Corp. - Overview
Exhibits 151: American Superconductor Corp. - Business segments
Exhibits 152: American Superconductor Corp. - Key offerings
Exhibits 153: American Superconductor Corp. - Segment focus
Exhibits 154: SWOT
Exhibits 155: Bachmann electronic GmbH - Overview
Exhibits 156: Bachmann electronic GmbH - Product / Service
Exhibits 157: Bachmann electronic GmbH - Key offerings
Exhibits 158: SWOT
Exhibits 159: Baker Hughes Co. - Overview
Exhibits 160: Baker Hughes Co. - Business segments
Exhibits 161: Baker Hughes Co. - Key news
Exhibits 162: Baker Hughes Co. - Key offerings
Exhibits 163: Baker Hughes Co. - Segment focus
Exhibits 164: SWOT
Exhibits 165: Emerson Electric Co. - Overview
Exhibits 166: Emerson Electric Co. - Business segments
Exhibits 167: Emerson Electric Co. - Key news
Exhibits 168: Emerson Electric Co. - Key offerings
Exhibits 169: Emerson Electric Co. - Segment focus
Exhibits 170: SWOT
Exhibits 171: Flender GmbH - Overview
Exhibits 172: Flender GmbH - Product / Service
Exhibits 173: Flender GmbH - Key offerings
Exhibits 174: SWOT
Exhibits 175: General Electric Co. - Overview
Exhibits 176: General Electric Co. - Business segments
Exhibits 177: General Electric Co. - Key news
Exhibits 178: General Electric Co. - Key offerings
Exhibits 179: General Electric Co. - Segment focus
Exhibits 180: SWOT
Exhibits 181: Hansford Sensors Ltd. - Overview
Exhibits 182: Hansford Sensors Ltd. - Product / Service
Exhibits 183: Hansford Sensors Ltd. - Key offerings
Exhibits 184: SWOT
Exhibits 185: ifm electronic gmbh - Overview
Exhibits 186: ifm electronic gmbh - Product / Service
Exhibits 187: ifm electronic gmbh - Key offerings
Exhibits 188: SWOT
Exhibits 189: James Fisher and Sons Plc - Overview
Exhibits 190: James Fisher and Sons Plc - Business segments
Exhibits 191: James Fisher and Sons Plc - Key news
Exhibits 192: James Fisher and Sons Plc - Key offerings
Exhibits 193: James Fisher and Sons Plc - Segment focus
Exhibits 194: SWOT
Exhibits 195: NSK Ltd. - Overview
Exhibits 196: NSK Ltd. - Product / Service
Exhibits 197: NSK Ltd. - Key news
Exhibits 198: NSK Ltd. - Key offerings
Exhibits 199: SWOT
Exhibits 200: Robert Bosch GmbH - Overview
Exhibits 201: Robert Bosch GmbH - Product / Service
Exhibits 202: Robert Bosch GmbH - Key news
Exhibits 203: Robert Bosch GmbH - Key offerings
Exhibits 204: SWOT
Exhibits 205: Siemens AG - Overview
Exhibits 206: Siemens AG - Business segments
Exhibits 207: Siemens AG - Key news
Exhibits 208: Siemens AG - Key offerings
Exhibits 209: Siemens AG - Segment focus
Exhibits 210: SWOT
Exhibits 211: TUV Rheinland AG - Overview
Exhibits 212: TUV Rheinland AG - Product / Service
Exhibits 213: TUV Rheinland AG - Key offerings
Exhibits 214: SWOT
Exhibits 215: Inclusions checklist
Exhibits 216: Exclusions checklist
Exhibits 217: Currency conversion rates for US$
Exhibits 218: Research methodology
Exhibits 219: Information sources
Exhibits 220: Data validation
Exhibits 221: Validation techniques employed for market sizing
Exhibits 222: Data synthesis
Exhibits 223: 360 degree market analysis
Exhibits 224: List of abbreviations

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.