Global Direct Drive (Gearless) Wind Turbine Market Growth 2023-2029

Global Direct Drive (Gearless) Wind Turbine Market Growth 2023-2029

The direct drive (gearless) wind turbine is the low-speed generator that eliminates the need for a gearbox from the turbine’s drive train. Direct drive technology has been praised for its design, which is less complex than gearbox technology, leading to easier operations and maintenance. This appeal has made direct drive especially coveted for use in offshore wind developments. The most preferred direct drive wind turbine generator is the permanent magnet type generator, as it is lighter in weight and possesses high reliability for offshore applications. The reduction of weight seen by direct-drive machines is actually leading to a decrease in costs, especially in terms of manufacturing costs.

LPI (LP Information)' newest research report, the “Direct Drive (Gearless) Wind Turbine Industry Forecast” looks at past sales and reviews total world Direct Drive (Gearless) Wind Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Direct Drive (Gearless) Wind Turbine sales for 2023 through 2029. With Direct Drive (Gearless) Wind Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Direct Drive (Gearless) Wind Turbine industry.

This Insight Report provides a comprehensive analysis of the global Direct Drive (Gearless) Wind Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Direct Drive (Gearless) Wind Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Direct Drive (Gearless) Wind Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Direct Drive (Gearless) Wind Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Direct Drive (Gearless) Wind Turbine.

The global Direct Drive (Gearless) Wind Turbine market size is projected to grow from US$ 26910 million in 2022 to US$ 50270 million in 2029; it is expected to grow at a CAGR of 50270 from 2023 to 2029.

Global Direct Drive (Gearless) Wind Turbine key players include GOLDWIND, Enercon, SIEMENS, GE ENERGY, ALSTOM, etc. Global top five players hold a share about 65%.

Europe is the largest market, with a share about 40%, followed by China and North America, having a total share about 45 percent.

In terms of product, 1 MW – 3 MW is the largest segment, with a share about 85%. And in terms of application, the largest application is Onshore Application, followed by Offshore Application.

This report presents a comprehensive overview, market shares, and growth opportunities of Direct Drive (Gearless) Wind Turbine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Less than 1 MW

1 MW – 3 MW

More than 3 MW

Segmentation by application

Offshore Application

Onshore Application

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Goldwind

Enercon

Siemens

GE Energy

EWT

Lagerwey Wind

Leitwind

United Energies MTOI

Northern Power Systems

Avantis Energy

ReGen Powertech

XEMC Darwind

American Superconductor Corp.

VENSYS Energy

Ghrepower Green Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Direct Drive (Gearless) Wind Turbine market?

What factors are driving Direct Drive (Gearless) Wind Turbine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Direct Drive (Gearless) Wind Turbine market opportunities vary by end market size?

How does Direct Drive (Gearless) Wind Turbine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.