Market Overview

Wind Turbine Brakes Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2024

“Wind Turbine Brakes Market” Presents "Global Wind Turbine Brakes Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" New Document to its Studies Database

A wind turbine is used to convert wind power into electrical energy. There are different components of a turbine such as a foundation, which forms the base of the turbine. A tower, which supports the rotor and drive-train. A nacelle, which comprises the main components such as the main axle, generator, transformer, gearbox and the control system.

Wind Turbine Brakes form an essential safety features for the turbines as they not only prevents over speeding of the rotors, but also helps stops and hold the rotors for maintenance purposes.

World over, Governments have imposed strict regulations upon Wind Turbine Brakes for their design and testing.

With a focus on renewable and Eco-Sensitive sources of energy, wind turbines are gaining popularity for their efficacy and efficiency and this in return makes the market for Wind Turbine brakes a high growth segment.

Major Key Players:

SIBER Siegerland Bremsen
Thomson Industries
The Hilliard
B.B. Group
Carlisle Brake & Friction
Cohort Manufacturing
GMP Friction Products
Hydratech Industries
Microlog Technologies
Svendborg Brakes
W.C. Branham

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Market Segmentation:

The wind turbine brake market can be segmented into types and application.

Based upon types of Wind Turbine Brakes, they are further categorized as

  • Rotor Locks
  • Rotor Brakes
  • Yaw Brakes

Based upon application, the wind turbine brakes can be categorized as

  • Off – Shore
  • On – Shore

Regional Analysis:

Based upon regional analysis, the wind turbine brakes market is divided into North America, Europe, China, India, Asia Pacific, Latin America, Middle East and Africa.

The wind turbine brakes market was traditionally dominated by Europe due to its major manufacturing and servicing hub for the wind industry. Germany a traditional heavyweight of wind industry has a installed capacity of 59 GW, followed by Spain at 23 GW, United Kingdom at 20 GW, France at 15 GW, Italy at 10 GW

North America has seen a spurt in growth of wind industry with many new manufacturing units getting established and exporting worldwide along with major components such as wind turbine brakes. USA alone has a installed capacity of around 96 GW.

The biggest growth in manufacturing is seen in China, with major new projects being sanctioned in china and India creating a huge domestic market. Asia-Pacific is the sought after market in terms of revenue and growth due to huge demand in energy and emerging economies. China has the highest Installed capacity of 221 GW and India with installed capacity of 35GW.

In Latin America, the market share for wind energy has greatly improved over the last decade, with Brazil leading the charge at an installed capacity of 14.5 GW. The region holds a great scope for market capitalization for Wind Turbine Brakes due to its great climatic conditions and socio-economic development.

Industry News:

The global movement for a sustainable development and a demand of emission cut and negative carbon footprint has further consolidated the rise of environment friendly energy sources. This has resulted in a major policy change in countries world over and demand of wind industry has seen a rapid growth over the last few years. With major investment and a  mandatory IEC 61400-22 conformity testing and certification for wind turbine brakes, the market share is set to see a rise.

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Table Of Content:     

1 Market Overview
2 Manufacturers Profiles
3 Global Market Competition, by Players
4 Global Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East and Africa Revenue by Countries
10 Global Market Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2019-2024)
13 Research Findings and Conclusion

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To view the original version on ABNewswire visit: Wind Turbine Brakes Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2024

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