Turbines Market Research Reports & Industry Analysis
The simplest turbines have one moving part, a rotor assembly, which is a shaft or drum with blades attached. Moving fluid acts on the blades, or the blades react to the flow, so that they move and impart rotational energy to the rotor. Early turbine examples are windmills and water wheels.
The latest U.S. census estimates indicate that there are more than 16,000 companies operating in the NAICS codes identified for wind turbine components and these companies employ more than 1 million employees, with an annual payroll of more than $35 billion. But with the U.S. still in recession recovery mode, these businesses are rapidly finding ways to cut costs and streamline payroll. Meanwhile, the shortage of wind turbines supply domestically is leading to an accelerating demand for new production.
Turbines Industry Research & Market Reports
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Direct Drive Wind Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... energy demand coupled with the increasing share of renewables in the power generation mix, regulations on energy efficiency, the growing trend of industrialization and increased urbanization. The major wind power plant operators have started shifting ... Read More
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Wind Turbine Gearbox Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2020-2025. Factors such as the declining cost of the wind energy and increasing investments in the wind power sector are the key drivers for this market. However, the increasing use of the direct drive ... Read More
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Wind Turbine Gearbox and Direct Drive Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 3% due to rising energy demand coupled with the increasing share of renewables in the power generation mix. Recently, the major wind power plant starts shifting to a direct drive system from the conventional ... Read More
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Turbine Control System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... CAGR of over 3.6% during the forecast period of 2020 – 2025. Turbine control systems play a crucial role in the energy generation, manufacturing, and process industries. The turbine control systems maximize the efficiency of ... Read More
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Power Plant Control System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Power plant control systems play a crucial role in the energy generation, manufacturing, and process industries. The power plant control system maximizes the efficiency of turbine equipment, thereby enhancing its productivity. Factors such as an ... Read More
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Wind Turbine Composite Materials Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... forecast period. One of the major factors driving the market is the growing application of carbon fiber in wind blades. However, Recyclability Issue of Composites is likely to hinder the growth of the market studied. ... Read More
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North America Gas Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2020–2025. Key Highlights North America is expected to hold a dominant section of the gas turbine market share, owing to rising shale gas exploration activities and rapid enhancement of industrial gas turbine capacities in the ... Read More
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Turbine Air Filtration Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2020 to USD 2.29 billion in 2026. The market was severely impacted due to the COVID-19 since the prime consumers of the market, such as the oil & gas industry and power generation industry, also ... Read More
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Wind Turbine Gearbox Repair and Refurbishment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 3.53% during the forecast period of 2020 – 2025. With rising number of aging wind turbines, the demand for the gearbox repair and refurbishment services is expected to drive the market. However, the improving design ... Read More
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Offshore Wind Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The market studied is expected to witness a significant growth due to rising energy demand coupled with increasing share of renewables in the power generation mix, efforts to reduce the reliance on fossil fuel-based power ... Read More
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Wind Turbine Shaft Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... CAGR of more than 3% during the forecast period. Increase in wind tower market, is certain to increase the wind turbine shaft market at around similar rate. With rising CO2 emission and carbon footprint, the ... Read More
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Hydro Generators Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... renewable energy. During 2018, hydropower accounted for around 48% of the total renewable energy installed capacity and is expected to register a CAGR of more than 8% during the forecast period. The increase in hydropower ... Read More
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Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... during the forecast period, 2020-2025. Factors, such as an increasing shift in focus toward natural gas and the adoption of automation technologies in the industrial sector are expected to create a huge demand for turbomachinery ... Read More
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Wind Turbine Nacelle Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2026 as compared to USD 6.30 billion in 2020. With the COVID-19 pandemic in 2020, the market witnessed no major negative impact, with increased wind power capacity globally. For instance, the North American region increased ... Read More
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Wind Turbine Maintenance, Repair and Overhaul (MRO) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... billion in 2026, from USD 81.80 billion in 2020, registering growth at a CAGR of 15.86% during the forecast period 2020-2025. There was no significant impact of COVID-19 outbreak on the market owing to the ... Read More
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Gas Turbines in Thermal Power Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... the forecast period. The global electricity demand has been increasing, doubling itself within the last two decades and is expected to grow at twice the pace of energy demand as a whole, in the next ... Read More
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Wind Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... studied is expected to witness significant growth due to rising energy demand coupled with the increasing share of renewables in the power generation mix, efforts to reduce the reliance on fossil fuel-based power generation, regulations ... Read More
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Latin America Wind Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The primary driver for the market is the government initiatives to stabilize the rising greenhouse gas emission and to have an affordable and sustainable form of energy from various renewable sources like wind. However, lack ... Read More
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Turbines Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... witness a CAGR of around 8.1% during the forecast period. During 2018, the demand for electricity was nearly 26 thousand-terawatt hour (TWh), of which the electricity demand for the industrial purpose was the highest, and ... Read More
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Europe Direct Drive Wind Turbine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... period of 2020-2025. Major factors attributing to the growth include favorable government policies, the increasing investment in wind power projects, and the reduced cost of wind energy. These turbines are lighter and cost-efficient than conventional ... Read More
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Global Electric Dental Handpieces Market Size study, by Type (High and Low-Speed Handpieces), by Technology (Fiber Optic LED Handpiece and Push Button Dental Turbine Handpiece), and by End User (Hospitals, Clinics, and Ambulatory Surgical Centers) and Regional Forecasts 2021-2027
... and Regional Forecasts 2021-2027 Global Electric Dental Handpieces Market is valued approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx % over the forecast ... Read More
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Global Propulsion Systems Market Size study, By Type (Air-Breathing {Gas Turbines & Jet Engines, Ramjets & Scramjets, Internal Combustion}, Non-Air Breathing {Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Electric Propulsion}), By Application (Missiles, Aircraft, Spacecraft, Unnamed Aerial Vehicles) and Regional Forecasts 2021-2027
... Aerial Vehicles) and Regional Forecasts 2021-2027 Global Propulsion Systems Market is valued approximately USD 316.67 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.66% over the forecast ... Read More
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IGBT and Super Junction MOSFET Market, By Product Type (IGBT (Discrete IGBT, IGBT module), SJMOSFET ( Discrete super junction MOSFET, Super junction MOSFET module)), By Application (IGBT (UPS, Wind turbines, PV inverters, Rail traction, Consumer applications, EV/HEV, Motor drives, Industrial applications, Converters/ adapters /chargers, Lighting, Others (servers, networking equipment, etc)), SJMOSFET ( UPS, Wind turbines, PV inverters, Rail traction, Consumer applications, EV/HEV, Motor drives, Industrial applications, Converters/ adapters /chargers, Lighting)) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
... applications, EV/HEV, Motor drives, Industrial applications, Converters/ adapters /chargers, Lighting, Others (servers, networking equipment, etc)), SJMOSFET ( UPS, Wind turbines, PV inverters, Rail traction, Consumer applications, EV/HEV, Motor drives, Industrial applications, Converters/ adapters /chargers, Lighting)) ... Read More
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Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region - Global Forecast to 2026
... Region - Global Forecast to 2026 The gas turbine market was valued at USD 18.9 Billion in 2021 and is projected to reach USD 22.5 Billion by 2026, at a CAGR of 3.6% during the ... Read More
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Wind Turbine Operations and Maintenance Market (Application: Onshore and Offshore) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031
... report on the global wind turbine operations and maintenance market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the global wind turbine operations ... Read More
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