Wind Turbine Brakes Market Augmented Expansion To Be Registered By 2030
Wind
Turbine Brakes Market Highlights
Wind Turbine
Brakes Market size is projected to reach USD 390.4 Million by 2026, at 6.21% CAGR
between 2020 and 2027.
Wind
turbine brakes are used to hold the turbine in place and stop the rotors from
moving. They are applied for maintenance operations and in extreme weather
conditions where excessive wind speed may damage the turbine. Wind turbine
brakes are also used to hold the turbine in place in situations where the
turbine has a mechanical failure.
Scope
of the Report
This
report provides an in-depth analysis of the global wind turbine
brakes market, tracking one market segment across five geographic regions.
The report studies key players, providing a six-year annual trend analysis that
highlights the market size and share for North America, Europe, Asia-Pacific,
South America, and the Middle East & Africa. The report also presents a
forecast, focusing on the market opportunities for the next five years for each
region. The scope of the study segments the global wind turbine brakes market
by application and region.
Download
Sample Report @ https://www.marketresearchfuture.com/sample_request/10085
In
2019, Europe dominated the global wind turbine brakes market in terms of share:
MRFR
The
global wind turbine brakes market has been segmented into five
regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North
America, and South America. Europe is expected to hold the largest share of the
market during the forecast period. This is primarily beacuse countries in the
region are extensively focused on developing wind energy sources to reduce
carbon emissions.
In
Europe, the UK held the largest share in the market and is expected to register
the highest CAGR during the forecast period due to the increasing installation
of offshore wind turbine.
In
North America, the US held the largest market share in 2019 and is expected to
grow at the fastest rate during the forecast period, primarily due to the high
demand for renewable electricity.
In
Asia-Pacific, China held the largest market share in 2019 due to extensive
government support to adopt wind energy. While the wind turbine
brakes market is expected to register the highest CAGR in India during the
forecast period due to the increasing demand for renewable electricity in the
country.
In
the Middle East & Africa, Saudi Arabia held the largest market share in
2019 due to the increasing need for renewable electricity in the country.
However, the wind turbine brakes market is expected to register the
highest CAGR in the UAE, as the country’s government is focused on increasing
its share of renewable energy in the nation’s energy mix.
The
global wind turbine brakes market has been segmented based on
application.
Based
on the application, the global market is divided into onshore and offshore. The
onshore segment is expected to hold a larger share of the market during the
forecast period due to the increasing installations of grid-connected wind
farms.
The
offshore segment is expected to grow at the fastest rate during the forecast
period due to the technological advancements in the manufacturing process of
offshore wind equipment.
- Application
- Onshore
- offshore
- By Region
- North
America
- Asia-Pacific
- Europe
- Middle East
& Africa
- South
America
Request
Customization @ https://www.marketresearchfuture.com/ask_for_customize/10085
Key
Players
The
key players operating in the global wind turbine brakes market are Altra
Industrial Motion Corp, ANTEC Group, Dellner Brakes AB, Hilliard Corp, Hindon
LLC, Hydratech Industries, Miki Pulley Co. Ltd, Siegerland Bremsen GmbH,
Thomson Industries Inc, and W.C. Branham Inc.
Comments
Post a Comment