Global Non-Volatile Memory Market Research Report: Forecast to 2023
Global Direct Drive Wind Turbine Market Research Report: Forecast to 2022
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
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Copyright © 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Summary The direct drive wind turbine is defined as a mechanism where the power is directly transferred from the motor without any reductions, with no need for a gearbox. Market Research Future (MRFR) has published a research report about the global direct drive wind turbine market that calculates raise for this market at 11.5% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2022. Analyzing the market structure, this report evaluates the future growth potential of the market. It assesses the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers & acquisitions, research and developments (R&D) in the market. The most important factor shaping the direct drive wind turbine market growth is a range of advantages that include higher torque with low rpm, increased efficiency, and reduced noise. Other factors, carrying out the growth of this market include depleting fossil fuel reserves, favorable government policies, increasing greenhouse gas emission, increasing significance of renewable energy sources, growing concern for energy conservation, and rising demand for energy. However, the only issue the market faces is the fact that the initial capital investments are on the higher side. But on the other hand, major revolutions have taken place in the recent years towards the turbine design and installation techniques, which have considerably reduced the initial capital investment cost to a fairly reasonable extent. This factor can have a positive knock-on effect on the market in the coming years.
Competitive Landscape The key players in the global direct drive wind turbine market include American Superconductor Corporation (USA), Emergya Wind Technologies B.V. (The Netherlands), ENERCON GmbH (Germany), General Electrics Renewable Energy (USA), Goldwind Science & Technology Co. Ltd. (China), Leitwind AG (Italy), Siemens AG (Germany), VENSYS Energy AG (Germany), Windtronics LLC (USA), and Xiangtan Electric Manufacturing Group (China).
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Market Segmentation The global direct drive wind turbine market has been segmented on the basis of capacity, technology, and lastly, region. Based on capacity, this market has been segmented into less than 1 mega watt (MW), 1MW to 3MW, and more than 3MW. The technology-based segmentation segments the market into an electrically excited synchronous generator and permanent magnet synchronous generator. During the forecast period, the permanent magnet synchronous generator technology is expected to experience significant growth due to the increase in offshore activities.
Regional Analysis The global market for direct drive wind turbines is geographically spread across Asia-Pacific, North America, Europe, and the Rest of World. Globally, Europe has secured the top position and is predicted to retain its position throughout the forecast period due to its impressive streak of renewable energy sources usage. Moreover, the massive contribution from countries such as Spain, United Kingdom (U.K), France and Ireland combined with favorable government regulations has buoyed the market growth in the region. The growth in Europe market is followed by Asia-Pacific owing to the adoption of gearless wind turbines in the emerging economies such as China and India with growing energy needs in the region. Furthermore, the region observes market growth on account of continuous capacity additions to the existing industry participants.
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
Also, increased awareness of renewable energy usage serves to propel the market growth. in addition, large number of plant managers focus on enhancing operational efficiency and reducing maintenance costs, which directly triggers the market growth in the region. MRFR reports that the North America market is highly lucrative on account of installation base and revenues. Constant technological advancements, product development and mergers and acquisition among well-established market players bode well with the market growth in the region. Increasing demand for low-cost, renewable source of energy is one of the major factors fueling the market growth as well.
Industry Updates: Brazilian electrical equipment manufacturer WEG SA has acquired the Energy Storage System (ESS) business of US-based Northern Power Systems Corp. 13 FEB 2019 On the basis of Siemens Gamesa Renewable Energy (SGRE) Offshore Direct-Drive wind-turbine platform, the new SG 8.0-167 DD offshore turbine variant can meet the full range of technical conditions present in waters along the U.S. coasts and in the Great Lakes. The new variant has been tailored for US market conditions. 16 OCT 2018
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Copyright Š 2017 Market Research Future.
Global Non-Volatile Memory Market Research Report: Forecast to 2023
owned company based in Norway that has developed a field-proven portfolio of completion systems and intervention tools.
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Copyright Š 2017 Market Research Future.