The global Wind Turbine Braking System market size is predicted to grow from US$ 5052 million in 2025 to US$ 7792 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.
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 China"s installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
LP Information, Inc. (LPI) ' newest research report, the “Wind Turbine Braking System Industry Forecast” looks at past sales and reviews total world Wind Turbine Braking System sales in 2024, providing a comprehensive analysis by region and market sector of projected Wind Turbine Braking System sales for 2025 through 2031. With Wind Turbine Braking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Turbine Braking System industry.
This Insight Report provides a comprehensive analysis of the global Wind Turbine Braking System 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 Wind Turbine Braking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wind Turbine Braking System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Turbine Braking System 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 Wind Turbine Braking System.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Turbine Braking System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Disc Brakes
Drum Brakes
Others
Segmentation by Application:
Offshore Wind
Onshore Wind
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 analysing the company's coverage, product portfolio, its market penetration.
Altra Industrial Motion
Eaton
Carlisle Brake & Friction
Huawu
Jiaozuo Brake Co., Ltd
Dellner Bubenzer
ANTEC
SIBRE
Hydratech Industries
WC Branham
KTR Systems GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wind Turbine Braking System market?
What factors are driving Wind Turbine Braking System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wind Turbine Braking System market opportunities vary by end market size?
How does Wind Turbine Braking System break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook