According to our (Global Info Research) latest study, the global Wind Turbine Spindle Bearings market size was valued at US$ 7546 million in 2024 and is forecast to a readjusted size of USD 17470 million by 2031 with a CAGR of 12.9% during review period.
Wind turbine spindle bearings, which sit within the nacelle at the top of the turbine tower, must support the weight of the rotor, along with additional loads generated by the wind, while allowing it to spin freely and transmit torque to the generator.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that Chinas installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
This report is a detailed and comprehensive analysis for global Wind Turbine Spindle Bearings market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wind Turbine Spindle Bearings market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Wind Turbine Spindle Bearings market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Wind Turbine Spindle Bearings market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Wind Turbine Spindle Bearings market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wind Turbine Spindle Bearings
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wind Turbine Spindle Bearings market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Timken, Liebherr, NKE AUSTRIA GmbH, Luoyang Bearing Research Institute Co., Ltd., Dalian Metallurgical Bearing Group, NTN, SKF Group Company, NSK, Scheerer, C.C.JENSEN, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wind Turbine Spindle Bearings market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cylindrical Roller Bearings
Tapered Roller Bearings
Spherical Roller Bearings
Others
Market segment by Application
Large Wind Turbine
Small and Medium Wind Turbine
Major players covered
Timken
Liebherr
NKE AUSTRIA GmbH
Luoyang Bearing Research Institute Co., Ltd.
Dalian Metallurgical Bearing Group
NTN
SKF Group Company
NSK
Scheerer
C.C.JENSEN
ZWZ
Defontaine Group
Thyssenkrupp Rothe Erde Germany GmbH
AB SKF
Groupe Legris Industries
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wind Turbine Spindle Bearings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wind Turbine Spindle Bearings, with price, sales quantity, revenue, and global market share of Wind Turbine Spindle Bearings from 2020 to 2025.
Chapter 3, the Wind Turbine Spindle Bearings competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Turbine Spindle Bearings breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Wind Turbine Spindle Bearings market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wind Turbine Spindle Bearings.
Chapter 14 and 15, to describe Wind Turbine Spindle Bearings sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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