Lucintel Forecasts The Global Wind Turbine Drivetrain Market To Grow With A Cagr Of 8.3% From 2025 To 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global wind turbine drivetrain market looks promising with opportunities in the onshore wind power and offshore wind power markets. The global wind turbine drivetrain market is expected to grow with a CAGR of 8.3% from 2025 to 2031. The major drivers for this market are increase in demand for renewable energy sources, the rising focus on reducing carbon emissions, and the growing investments in wind energy projects.
A more than 150-page report to understand trends, opportunity and forecast in global wind turbine drivetrain market to 2031 by type (conventional, direct, and multiple generator), application (onshore wind power and offshore wind power), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, direct is expected to witness the highest growth over the forecast period due to the increase in turbine size.
Within the application category, offshore wind power is expected to witness higher growth due to the increase in offshore wind farm projects.
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In terms of region, APAC is expected to witness the highest growth over the forecast period due to the growing infrastructure developments.
GENERAL ELECTRIC, ENERCON, Senvion, ZF Friedrichshafen, Flender, Siemens Gamesa Renewable Energy, China High Speed Transmission Equipment Group are the major suppliers in the wind turbine drivetrain market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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