Global Wind Turbine Gearbox Market Research Report - Forecast to 2030 Market Synopsis Wind Turbine Gearbox Market is expected to exhibit a healthy CAGR OF 6.5% during the review period to surpass USD 38531.02 Million by 2030. Wind turbine gearboxes are the significant parts that are remembered for wind turbines. Utilizing the electric generator, these gearboxes improve the rotational speed of the shaft. The gearboxes are planned in more ways than one to stretch out their obstruction as per stacking and natural circumstances and reduce the disappointment pace of the gearbox framework. The developing movement toward environmentally friendly power sources all over the planet is rising the reception of wind turbines which prompts raising the interest for the wind turbine gearbox. Fast industrialization and urbanization universally lead to an ascent popular for all business areas. Besides, developing familiarity with the climate cultivates the utilization of spotless and environmentally friendly power sources which brings about a developing number of wind turbines all over the planet. Consequently, the wind turbine gearbox market is helped everywhere. Besides, venture by market players in better planning and more effective gearboxes will bring about the best efficiency and life span. Rising interests in wind turbines for catching energy because of their expense viability and energy effectiveness are speeding up the market development in the audit period. The wind turbine gearboxes market is driven by expanding energy utilization requests worldwide. Interests in wind turbines for catching energy attributable to its expense viability and energy-productivity is determined to spike the market development over the estimate period. In addition, government support for environmentally friendly power ventures can emphatically affect the market. This is validated by low wind power age costs and appealing returns guaranteed by inland wind projects. Market Segmentation The market for wind turbine gearboxes is divided into main gearbox, yaw gearbox, and other types based on type. It is divided into offshore and onshore wind power categories based on application. It is divided into two categories: new and replacement installations. The market is divided into three segments based on capacity: up to 1.5 MW, 1.5 MW-3 MW, and over 3 MW. Regional Analysis Asia Pacific (APAC), Europe, South America, and North America, the Middle East & Africa (MEA), are the five major regions that are included when analyzing the market. Americas is expected to lead the global market followed by Europe. The research goes into detail on the different companies that call these places home, as well as how each is trying to move up the market rankings. Major Players The key players in the wind turbine gearbox market are Siemens Gamesa Renewable Energy S.A. (Spain), Winergy AG (Germany), China High Speed Transmission Equipment Group Co. Ltd. (China), Chongqing Gearbox Co., Ltd. (China), Eickhoff Antriebstechnik GmbH (Germany), ISHIBASHI Manufacturing Co. Ltd. (Japan), ZF Friedrichshafen (Germany), and RENK AG (Germany).

1 EXECUTIVE SUMMARY 2 MARKET INTRODUCTION 2.1 DEFINITION 22 2.2 SCOPE OF THE STUDY 22 2.3 LIST OF ASSUMPTIONS 23 2.4 MARKET STRUCTURE 23 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 25 3.2 PRIMARY RESEARCH 25 3.3 SECONDARY RESEARCH 26 3.4 MARKET SIZE ESTIMATION 26 3.5 FORECAST MODEL 27 4 MARKET DYNAMICS 4.1 INTRODUCTION 29 4.2 DRIVERS 29 4.2.1 SIGNIFICANT REDUCTION IN THE WIND POWER GENERATION COSTS 29 4.2.2 INCREASE IN WIND ENERGY CONSUMPTION 29 4.3 RESTRAINTS 30 4.3.1 HIGH OPERATING AND MAINTENANCE COSTS 30 4.3.2 APPLICATION OF DIRECT DRIVE TURBINES WITH BETTER PERFORMANCE 30 4.4 OPPORTUNITIES 30 4.4.1 INCREASE IN ROTOR DIAMETER IN GEARBOX 30 4.4.2 GOVERNMENT SUPPORT FOR WIND ENERGY PROJECTS 31 5 MARKET FACTOR ANALYSIS 5.1 PORTER’S FIVE FORCES MODEL 33 5.1.1 THREAT OF NEW ENTRANTS 33 5.1.2 BARGAINING POWER OF SUPPLIERS 33 5.1.3 BARGAINING POWER OF BUYERS 33 5.1.4 THREAT OF SUBSTITUTES 34 5.1.5 INTENSITY OF RIVALRY 34 5.2 SUPPLY CHAIN ANALYSIS 34 5.2.1 DESIGN AND DEVELOPMENT 34 5.2.2 RAW MATERIAL SUPPLY 35 5.2.3 GEARBOX COMPONENT MANUFACTURING AND ASSEMBLY 35 5.2.4 DISTRIBUTION AND INSTALLATION 35 5.2.5 END USE 35 6 GLOBAL WIND TURBINE GEARBOX MARKET BY TYPE 6.1 OVERVIEW 37 6.1.1 MAIN GEARBOX 37 6.1.2 YAW GEARBOX 37 6.1.3 OTHERS 37 7 GLOBAL WIND TURBINE GEARBOX MARKET BY APPLICATION 7.1 OVERVIEW 41 7.1.1 OFFSHORE WIND POWER 41 7.1.2 ONSHORE WIND POWER 41 8 GLOBAL WIND TURBINE GEARBOX MARKET BY INSTALLATION TYPE 8.1 OVERVIEW 44 8.1.1 NEW 44 8.1.2 REPLACEMENT 44 9 GLOBAL WIND TURBINE GEARBOX MARKET BY CAPACITY 9.1 OVERVIEW 47 9.1.1 1.5 MW - 3 MW 47 9.1.2 UP TO 1.5 MW 47 9.1.3 OVER 3 MW 47 10 GLOBAL WIND TURBINE GEARBOX MARKET BY REGION 10.1 OVERVIEW 51 10.2 NORTH AMERICA 53 10.2.1 US 58 10.2.1.1 US BY TYPE 58 10.2.1.2 US BY APPLICATION 60 10.2.1.3 US BY INSTALLATION TYPE 61 10.2.1.4 US BY CAPACITY 62 10.2.2 CANADA 63 10.2.2.1 CANADA BY TYPE 63 10.2.2.2 CANADA BY APPLICATION 64 10.2.2.3 CANADA BY INSTALLATION TYPE 65 10.2.2.4 CANADA BY CAPACITY 66 10.2.3 MEXICO 68 10.2.3.1 MEXICO BY TYPE 68 10.2.3.2 MEXICO BY APPLICATION 69 10.2.3.3 MEXICO BY INSTALLATION TYPE 70 10.2.3.4 MEXICO BY CAPACITY 71 10.3 EUROPE 73 10.3.1 GERMANY 79 10.3.1.1 GERMANY BY TYPE 79 10.3.1.2 GERMANY BY APPLICATION 80 10.3.1.3 GERMANY BY INSTALLATION TYPE 81 10.3.1.4 GERMANY BY CAPACITY 82 10.3.2 UK 84 10.3.2.1 UK BY TYPE 84 10.3.2.2 UK BY APPLICATION 85 10.3.2.3 UK BY INSTALLATION TYPE 86 10.3.2.4 UK BY CAPACITY 87 10.3.3 FRANCE 88 10.3.3.1 FRANCE BY TYPE 88 10.3.3.2 FRANCE BY APPLICATION 89 10.3.3.3 FRANCE BY INSTALLATION TYPE 90 10.3.3.4 FRANCE BY CAPACITY 91 10.3.4 TURKEY 92 10.3.4.1 TURKEY BY TYPE 92 10.3.4.2 TURKEY BY APPLICATION 93 10.3.4.3 TURKEY BY INSTALLATION TYPE 94 10.3.4.4 TURKEY BY CAPACITY 95 10.3.5 ITALY 97 10.3.5.1 ITALY BY TYPE 97 10.3.5.2 ITALY BY APPLICATION 98 10.3.5.3 ITALY BY INSTALLATION TYPE 99 10.3.5.4 ITALY BY CAPACITY 100 10.3.6 SPAIN 101 10.3.6.1 SPAIN BY TYPE 101 10.3.6.2 SPAIN BY APPLICATION 102 10.3.6.3 SPAIN BY INSTALLATION TYPE 103 10.3.6.4 SPAIN BY CAPACITY 104 10.3.7 REST OF EUROPE 105 10.3.7.1 REST OF EUROPE BY TYPE 105 10.3.7.2 REST OF EUROPE BY APPLICATION 106 10.3.7.3 REST OF EUROPE BY INSTALLATION TYPE 107 10.3.7.4 REST OF EUROPE BY CAPACITY 108 10.4 ASIA-PACIFIC 110 10.4.1 CHINA 116 10.4.1.1 CHINA BY TYPE 116 10.4.1.2 CHINA BY APPLICATION 117 10.4.1.3 CHINA BY INSTALLATION TYPE 118 10.4.1.4 CHINA BY CAPACITY 119 10.4.2 INDIA 120 10.4.2.1 INDIA BY TYPE 120 10.4.2.2 INDIA BY APPLICATION 122 10.4.2.3 INDIA BY INSTALLATION TYPE 123 10.4.2.4 INDIA BY CAPACITY 124 10.4.3 AUSTRALIA 125 10.4.3.1 AUSTRALIA BY TYPE 125 10.4.3.2 AUSTRALIA BY APPLICATION 126 10.4.3.3 AUSTRALIA BY INSTALLATION TYPE 127 10.4.3.4 AUSTRALIA BY CAPACITY 128 10.4.4 JAPAN 129 10.4.4.1 JAPAN BY TYPE 129 10.4.4.2 JAPAN BY APPLICATION 130 10.4.4.3 JAPAN BY INSTALLATION TYPE 131 10.4.4.4 JAPAN BY CAPACITY 132 10.4.5 SOUTH KOREA 133 10.4.5.1 SOUTH KOREA BY TYPE 133 10.4.5.2 SOUTH KOREA BY APPLICATION 134 10.4.5.3 SOUTH KOREA BY INSTALLATION TYPE 135 10.4.5.4 SOUTH KOREA BY CAPACITY 136 10.4.6 REST OF ASIA-PACIFIC 137 10.4.6.1 REST OF ASIA-PACIFIC BY TYPE 138 10.4.6.2 REST OF ASIA-PACIFIC BY APPLICATION 139 10.4.6.3 REST OF ASIA-PACIFIC BY INSTALLATION TYPE 140 10.4.6.4 REST OF ASIA-PACIFIC BY CAPACITY 141 10.5 SOUTH AMERICA 142 10.5.1 BRAZIL 148 10.5.1.1 BRAZIL BY TYPE 148 10.5.1.2 BRAZIL BY APPLICATION 149 10.5.1.3 BRAZIL BY INSTALLATION TYPE 150 10.5.1.4 BRAZIL BY CAPACITY 151 10.5.2 URUGUAY 152 10.5.2.1 URUGUAY BY TYPE 152 10.5.2.2 URUGUAY BY APPLICATION 153 10.5.2.3 URUGUAY BY INSTALLATION TYPE 154 10.5.2.4 URUGUAY BY CAPACITY 155 10.5.3 CHILE 156 10.5.3.1 CHILE BY TYPE 156 10.5.3.2 CHILE BY APPLICATION 158 10.5.3.3 CHILE BY INSTALLATION TYPE 159 10.5.3.4 CHILE BY CAPACITY 160 10.5.4 REST OF SOUTH AMERICA 161 10.5.4.1 REST OF SOUTH AMERICA BY TYPE 161 10.5.4.2 REST OF SOUTH AMERICA BY APPLICATION 162 10.5.4.3 REST OF SOUTH AMERICA BY INSTALLATION TYPE 163 10.5.4.4 REST OF SOUTH AMERICA BY CAPACITY 164 10.6 MIDDLE EAST & AFRICA 166 10.6.1 SOUTH AFRICA 171 10.6.1.1 SOUTH AFRICA BY TYPE 171 10.6.1.2 SOUTH AFRICA BY APPLICATION 173 10.6.1.3 SOUTH AFRICA BY INSTALLATION TYPE 174 10.6.1.4 SOUTH AFRICA BY CAPACITY 175 10.6.2 REST OF MIDDLE EAST & AFRICA 176 10.6.2.1 REST OF MIDDLE EAST & AFRICA BY TYPE 176 10.6.2.2 REST OF MIDDLE EAST & AFRICA BY APPLICATION 177 10.6.2.3 REST OF MIDDLE EAST & AFRICA BY INSTALLATION TYPE 178 10.6.2.4 REST OF MIDDLE EAST & AFRICA BY CAPACITY 179 11 COMPETITIVE LANDSCAPE 11.1 COMPETITIVE SCENARIO 182 11.2 MARKET SHARE ANALYSIS 182 12 COMPANY PROFILES 12.1 SIEMENS GAMESA RENEWABLE ENERGY, S.A 184 12.1.1 COMPANY OVERVIEW 184 12.1.2 PRODUCTS OFFERED 184 12.1.3 FINANCIAL OVERVIEW 185 12.2 WINERGY AG 186 12.2.1 COMPANY OVERVIEW 186 12.2.2 PRODUCTS OFFERED 186 12.2.3 FINANCIAL OVERVIEW 187 12.3 CHINA HIGH SPEED TRANSMISSION EQUIPMENT GROUP CO., LTD 188 12.3.1 COMPANY OVERVIEW 188 12.3.2 PRODUCTS OFFERED 188 12.3.3 FINANCIAL OVERVIEW 189 12.4 ZF FRIEDRICHSHAFEN 190 12.4.1 COMPANY OVERVIEW 190 12.4.2 PRODUCTS OFFERED 190 12.4.3 FINANCIAL OVERVIEW 191 12.5 CHONGQING GEARBOX CO., LTD 192 12.5.1 COMPANY OVERVIEW 192 12.5.2 PRODUCTS OFFERED 192 12.5.3 FINANCIAL OVERVIEW 192 12.6 EICKHOFF ANTRIEBSTECHNIK GMBH 193 12.6.1 COMPANY OVERVIEW 193 12.6.2 PRODUCTS OFFERED 193 12.6.3 FINANCIAL OVERVIEW 193 12.7 ISHIBASHI MANUFACTURING CO. LTD 194 12.7.1 COMPANY OVERVIEW 194 12.7.2 PRODUCTS OFFERED 194 12.7.3 FINANCIAL OVERVIEW 194 12.8 RENK AG 195 12.8.1 COMPANY OVERVIEW 195 12.8.2 PRODUCTS OFFERED 195 12.8.3 FINANCIAL OVERVIEW 196 13 APPENDIX 13.1 LIST OF REFERENCES 198