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Direct Drive Wind Turbine Market Size, Share Report 2020| Worldwide Overview, Growth Insights, COVID-19 Pandemic Impact, Future Trend, Demand and Forecast to 2022

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Direct Drive Wind Turbine Market Size, Share Report 2020| Worldwide Overview, Growth Insights, COVID-19 Pandemic Impact, Future Trend, Demand and Forecast to 2022

November 10
22:20 2020
Direct Drive Wind Turbine Market Size, Share Report 2020| Worldwide Overview, Growth Insights, COVID-19 Pandemic Impact, Future Trend, Demand and Forecast to 2022

Direct Drive Wind Turbine Market
Direct Drive Wind Turbine Market Report studies the global Direct Drive Wind Turbine market status, competition landscape, market share, size, growth rate, future trends, market drivers, opportunities, challenges, sales channels and distributors. Global Direct Drive Wind Turbine Market by Capacity (Less than 1MW, 1MW to 3MW, More than 3MW), by Technology (Electrically Excited Synchronous Generator and Permanent Magnet Synchronous Generator), by Region – Forecast to 2022

Global Direct Drive Wind Turbine Market Analysis:

The Direct Drive Wind Turbine Market to develop at an 11.5% CAGR between 2017- 2022, states the recent Market Research Future (MRFR) analysis. Direct drive wind turbines or gearless wind turbines, simply put, are wind turbines sans any gearbox. They are highly preferred for the different benefits that it offers, such as lower maintenance cost and lightweight. These come in different capacities such as more than 3MW, 1MW-3MW, and 1 MW and works on different technologies such as permanent magnet synchronous generator and electrically excited synchronous generator.

Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2465

Various factors are propelling the global direct drive wind turbine market share. According to the recent MRFR report, such factors include depleting fossil fuel reserves, declining wind power generation cost, growing environmental sensitivity, financial support from different government worldwide, increasing concern about energy conservation, growing demand for energy, increased urbanization, the growing trend of industrialization, rising share of renewables in power generation mix, and regulations on energy efficiency.

On the contrary, high initial installation cost, scarcity of skilled labor, and the impact of the on-going COVID-19 pandemic may limit the global direct drive wind turbine market growth over the forecast period.

Prominent Players:

Eminent players profiled in the global direct drive wind turbine market report include American Superconductor Corporation (U.S.), Windtronics LLC (U.S.), VENSYS Energy AG (Germany), ENERCON GmbH (Germany), Leitwind AG (Italy), Goldwind Science & Technology Co. Ltd. (China), Siemens AG (Germany), Emergya Wind Technologies B.V. (The Netherlands), and Xiangtan Electric Manufacturing Group (China).

Global Direct Drive Wind Turbine Industry Segmentation:

The MRFR report highlights an inclusive segmental analysis of the global direct drive wind turbine market based on technology and capacity.

By capacity, the global Direct Drive Wind Turbine Industry is segmented into more than 3MW, 1MW-3MW, and 1 MW. Of these, the 1MW-3MW segment will lead the market over the forecast period.

By technology, the global direct drive wind turbine market is segmented into the permanent magnet synchronous generator and electrically excited synchronous generator. Among these, the permanent magnet synchronous generator segment will dominate the market over the forecast period for a rise in offshore activities.

Regional Analysis:

By region, the global direct drive wind turbine market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW).

Among these, Europe will command the largest share in the market over the forecast period. Increasing use of renewable energy sources, the massive contribution from France, the UK, Ireland, and Spain, favourable government regulations, and strong presence of environmental regulatory bodies are adding to the global direct drive wind turbine market growth in the region.

In the APAC region, the direct drive wind turbine market is predicted to have healthy growth over the forecast period. Increasing adoption of gearless wind turbines in India and China, growing energy needs, constant capacity additions, increased awareness about renewable energy usage, and the majority of the plant managers focusing on improving operational efficiency and reducing maintenance costs are adding to the global direct drive wind turbine market growth in the region.

In North America, the global direct drive wind turbine market is predicted to have notable growth over the forecast period. Constant technological advances, mergers, and acquisitions amid key industry players, product development, and growing demand for a renewable, low-cost source of energy are adding to the global direct drive wind turbine market growth in the region.

In the RoW, the global direct drive wind turbine market is predicted to have sound growth over the forecast period.

Access Full Direct Drive Wind Turbine Market Report Details at: https://www.marketresearchfuture.com/reports/direct-drive-wind-turbine-market-2465

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Sakshi Mishra
Email: Send Email
Phone: 09617050300
Address:Office No. 528, Amanora Chambers Pune – 411028
City: pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/direct-drive-wind-turbine-market-2465

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