Global Wind Turbine Bearing Market to grow at a CAGR of 12.61% during 2016-2020: Key Vendors SKF, Timken, TMB, ZWZ

ResearchMoz added Latest Research Report titled " Global Wind Turbine Bearing Market 2016-2020 " to it's Large Report database.

About Bearings

Bearings are machine elements used to reduce energy loss caused by friction in the rotary parts of a broad range of equipment and machinery. There are several types of bearings such as ball bearings, roller bearings, plain bearings, and others. Technological advances and the growing need to address energy efficiency in a range of applications are leading to a continuous improvement in bearing designs. Therefore, the prospects for market growth of bearings are closely linked to the growth in production of high-performance industrial equipment and machinery.

Technavios analysts forecast the global wind turbine bearing market to grow at a CAGR of 12.61% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global wind turbine bearing market for 2016-2020. To calculate the market size, the report considers the average price of bearings.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Wind Turbine Bearing 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.

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market drivers
Decline in LCOE of wind power generation
Increase in rotor diameter
Rise in offshore installations
PART 07: Market challenges
Competition from fossil fuels
R&D in direct-drive generators for wind turbines will impact gearing demand
Bearings cause high failure rate of wind turbine components
High investments needed in offshore projects
PART 08: Impact of drivers and challenges
PART 09: Market trends
Increase in demand for power
Growing environmental concerns
PART 10: Market segmentation by product
Wind turbine bearing market by product

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Global Wind Turbine Bearing Market to grow at a CAGR of 12.61% during 2016-2020: Key Vendors SKF, Timken, TMB, ZWZ Global Wind Turbine Bearing Market to grow at a CAGR of 12.61% during 2016-2020: Key Vendors SKF, Timken, TMB, ZWZ Reviewed by Sagar Jagtap on 02:39 Rating: 5

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