Insights into the Worldwide Wind Turbine Bearing Industry to 2024 - Latest Trends and Drivers - ResearchAndMarkets.com
The wind turbine bearing market is poised to grow by $ 7.22 billion during 2020-2024 progressing at a CAGR of 11% during the forecast period.
The "Global Wind Turbine Bearing Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The wind turbine bearing market is poised to grow by $ 7.22 billion during 2020-2024 progressing at a CAGR of 11% during the forecast period. The reports on wind turbine bearing 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the favourable policies and incentives pertaining to clean energy and rising investments in clean sources of energy. In addition, decreasing levelized cost of electricity of wind energy is anticipated to boost the growth of the market as well.
The wind turbine bearing market analysis includes product segment, application segment, and geographic landscape.
This study identifies the advancements in onshore wind energy technology as one of the prime reasons driving the wind turbine bearing market growth during the next few years. Also, the growing number of offshore wind farm installations, and the rising environmental concerns will lead to sizable demand in the market.
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.
Companies Mentioned
- AB SKF
- Dalian Metallurgical Bearing Co. Ltd.
- JTEKT Corp.
- LYC Bearing Corp.
- NSK Ltd.
- NTN Corp.
- Schaeffler AG
- The Timken Co.
- thyssenkrupp AG
- Wafangdian Bearing Co. Ltd.
Key Topics Covered:
1. Executive Summary
- Market Overview
2. Market Landscape
- Market ecosystem
- Value chain analysis
3. Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
4. Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
5. Market Segmentation by Product
- Market segments
- Comparison by product
- GBMB - Market size and forecast 2019-2024
- BBYBGB - Market size and forecast 2019-2024
- Market opportunity by Product
6. Market Segmentation by Application
- Market segments
- Comparison by Application
- Onshore - Market size and forecast 2019-2024
- Offshore - Market size and forecast 2019-2024
- Market opportunity by Application
7. Customer landscape
8. Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
9. Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
10. Vendor Analysis
- Vendors covered
- Market positioning of vendors
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/9jglkn
View source version on businesswire.com: https://www.businesswire.com/news/home/20200520005398/en/