Lewes, DE -- (SBWIRE) -- 04/02/2015 -- Report forecast the Global Wind Turbine Gearbox market to grow at a CAGR of 8 percent in terms of capacity and 6.1 percent in terms of revenue during the period 2014-2019.

A gearbox as a part of a wind turbine is used to step up the rotor speed to the generator speed. The gears in a gearbox connect the low-speed shaft to the high-speed shaft, resulting in high rotational speed of generator shaft from the low rotational speed of turbine blades. The gearbox in a wind turbine does not change gears; it maintains a single-gear ratio between the rotation of the rotor and that of the generator. The gears convert low speed and high torque to low torque and high speed. This high-speed shaft produces electricity inside the generator.

The report covers the present scenario and the growth prospects of the Global Wind Turbine Gearbox market for the period 2015-2019. It provides segmentation of the market based on new installations and replacement installations.

According to the report, market vendors are leveraging the increased demand for wind power plants. Increased efforts to tap wind energy potential in China, Germany, and the US are fueling this demand. Growing awareness about the benefits of wind energy is fueling the demand for wind turbine gearboxes because they can increase the rotational speed and energy output, ensuring a high rate of return for investors from wind projects.

Further, the report states that the high failure rate of wind gearboxes because of frequent and high fluctuations in wind patterns poses a significant threat to market vendors. The failure of gearboxes will significantly increase downtime and costs for vendors.

The Global Wind Turbine Gearbox Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the landscape of the Global Wind Turbine Gearbox market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in the Global Wind Turbine Gearbox Market: Bosch Rexroth AG, China High Speed Transmission Equipment Group Co. Ltd., Gamesa Energy Transmission, Moventas Oy, Winergy AG and ZF Friedrichshafen AG.

Other Prominent Vendors in the market are: Brevini Power Transmission, Chongqing Gearbox, Eickhoff Group, ISHIBASHI Manufacturing, Renk and ZOLLERN

Key Regions
- Americas
- APAC
- EMEA

Market Driver
- Increased Demand for Wind Power Plants
- For a full, detailed list, view our report

Market Challenge
- Small Lifetime of Gearbox Compared to Turbine
- For a full, detailed list, view our report

Market Trend
- Rising Trend of Vertical integration
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 104 pages "Global Wind Turbine Gearbox Market 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Installation, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-wind-turbine-gearbox-market-2015-2019

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