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Global Wind Turbine Gearbox Market Size, Share, Strategies, Global Insights, Analysis and Forecasts, 2016 To 2020

Technavio Announces the Publication of its Research Report Global Wind Turbine Gearbox Market 20162020 Technavio recognizes the following companies as the key players in the global wind turbine gearbox market: China High Speed Transmission, Gamesa Energy Transmission, Moventas, Winergy, and ZF Friedrichshafen Other Prominent Vendors in the market are: Brevini Power Transmission, Chongqing Gearbox, Eickhoff, ISHIBASHI Manufacturing, RENK, and ZOLLERN Browse full report with TOC @ Commenting on the report, an analyst from Technavio’ s team said: “Wind turbine producers and manufacturers are paying a lot of attention to the proactive and preventive maintenance rather than reactive maintenance. Gearboxes are installed with probes, sensors, and filters to monitor the properties of gear oil, such as temperature, viscosity, contamination, and thickness. Condition monitoring plans are primarily functional for offshore turbines as the total cost of reactive maintenance is high when compared with preventive maintenance.� According to the report, the gearbox, being a crucial component of a wind turbine, needs to have high reliability. This has not been the case in the past. Increased R&D in gearbox wind technology is mainly focused on solving the reliability issue. The major focus areas of R&D include improvement in gearbox design, quality control at every step of the manufacturing process, and improvement in quality testing procedures and standards. Increased focus on R&D is expected to boost the gearbox system reliability and increase its lifespan. This will boost overall market growth in the future. Further, the report states that the replacement cost can vary in the range of $216,000 to $540,000 based on the turbine size and the wind farm's location. This causes an increase in the overall costs of the wind power plant, creating a big growth bottleneck for the industry. The other major problem arising out of gearbox failure is the rise in downtime by two or three times, which is significantly high when compared with any other wind turbine component failure. As the cost of the gearbox is relatively high, managing the finances required for replacing and maintaining the inventory of the gearbox is a challenging task for manufacturers. This problem is mainly noticeable among small-sized wind turbines used earlier.

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. Request A Sample copy of This Report @ About Wind Turbine Gearbox In a wind turbine, a gearbox is used to increase the rotor speed to an extent that it matches the generator speed. The gearbox connects the low-speed shafts with the high-speed shafts. The rotational speed of the generator shaft is far higher than that of the turbine blades. The gearbox in a wind turbine does not change gears; instead it maintains a single-gear ratio between the rotation of the rotor and the generator. The gear converts low speed to high speed and high torque to low torque. The high-speed rotation of the shaft produces electricity inside the generator. Technavio’ s analysts forecast the global wind turbine gearbox market to grow at a CAGR of 3% with respect to installation capacity during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global wind turbine gearbox market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of wind turbine gearbox. The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To Get Discount On The Report @ Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US)

Wind Turbine Gearbox Market Trends, Growth, Price, Demand and Forecasts To 2020  
Wind Turbine Gearbox Market Trends, Growth, Price, Demand and Forecasts To 2020  

According to the report, the gearbox, being a crucial component of a wind turbine, needs to have high reliability. This has not been the cas...