TechNavio recognizes the following companies as the key players in the Global Gearless Wind Turbine Market: Enercon GmbH, Xinjiang Goldwind Science & Technology Co. Ltd., GE Energy LLC and Siemens AG.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: ”Gearless wind turbine manufacturers can avail fiscal benefits in the form of a feed-in tariff (FiT), which is a policy designed by several governments to encourage investments in the technology related to renewable energy generation. An FiT is a government-backed long-term agreement to purchase carbon credits and electricity generated from a renewable energy source. The Renewable Energy Sources Act in Germany provides a fixed FiT to renewable energy-generating utilities. A wind turbine that has an FiT agreement is similar to owning a leased property and being able to rent it out for a long lease period such as 20-30 years. The vendors in the Global Gearless Wind Turbine market will benefit from this policy since an added FiT incentive will bring down the cost of operating gearless wind power plants. Furthermore, the Global Wind Energy Council is promoting the Global Gearless Wind Turbine market, which augers well for the growth of the market.”
According to the report, one of the main drivers in this market is the high potential of offshore wind turbines. Gearless wind turbines, when used in the Offshore Wind Power industry, reduce the maintenance costs of offshore wind turbines by eliminating the need to replace the gearbox.
Further, the report states that one of the major challenges in the market is the harmful effect of wind turbines on wildlife. The electromagnetic radiation originating from wind turbines can destroy wildlife. Moreover, the sharp blades and the high speed of wind turbines can kill birds and other species found in the vicinity. This can have a negative impact on the ecosystem and the tourism of the region surrounding the wind turbine installation.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are China Dongfang Electric Corp., Vensys Energy AG, Leitwind AG, American Superconductor Corp, Alstom SA, Avantis Energy Group, Emergya Wind Technologies BV, Godecke Energy and Antriebstechnik GmbH, Lagerwey Wind BV, M. Torres Olvega Industrial SA, Northern Power Systems Inc., Qingdao Hengfeng Wind Power Generator Co. Ltd., Regen Powertech Pvt. Ltd., STX Windpower BV and XEMC Darwind BV.
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. For further information on this report, please visit https://www.technavio.com/content/global-gearless-wind-turbine-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/clean-technology
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TechNavio Announces the Publication of its Research Report – Global Gearless Wind Turbine Market 2012-2016
