Wind Turbine Brakes Market

Global Wind Turbine Brakes Market Analysis and Opportunity Assessment by Material, Application, Installation, Type, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 212.8 Mn between 2022 and 2032

Category: Clean Energy & Power

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ID: CVC-00344

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Format: PDF+Excel Dataset

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Published Date: October 2022

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Pages: 310

Wind Turbine Brakes Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Wind Turbine Brakes Market was worth US$ 286.1 Mn and is expected to grow at a CAGR of 7.2% over the forecast period. The market is expected to hit US$ 573.4 Mn by 2032 end.

Due to the cleaner and more affordable electricity that wind turbines produce compared to fossil fuels, demand for wind turbines has been growing internationally. The gearbox that lowers the rotating speed of the blade assembly is close to the wind turbine brakes. In the event of power transmission maintenance, power generator rest, and in an emergency, the brakes prevent the blade from rotating.

Market Dynamic

DEMAND FOR RENEWABLE ELECTRICITY FUELS THE MARKET

The increase in industrialization and urbanization worldwide has expanded the market for wind turbine brakes. Global energy demand is increasing as a result of this. Around the world, investments in offshore wind energy have also been growing quickly.

Shortly, it is also projected that increased government measures to promote renewable energy in rural regions may increase demand for wind turbine brakes. The increasing demand for electricity from wind energy is driving the need for wind turbine brakes.

COVID-19 Impact

The coronavirus outbreak has hampered the supply chain for the market for wind turbine brakes. The epidemic has limited the market’s availability of labor and raw supplies. Due to a workforce shortage, ongoing renewable energy initiatives are halted, while new ones are postponed. The majority of firms are concentrating on the use of unique tactics to update their business methods.

Wind Turbine Brakes Market

Market Segments Covered in Report

By Material:

  • Sintered
  • Organic
  • Others

By Application:

  • Onshore
  • Offshore

By Installation:

  • Company Fitted
  • Retrofit

By Type:

  • Hydraulic
  • Pneumatic
  • Mechanical

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Which application segment of Wind Turbine Brakes is projected to dominate the market?

Onshore application segments are economically viable and widely used; they are anticipated to dominate the market.

Why is the retrofit segment expected to experience the fastest growth during the forecast period?

Retrofitting describes integrating new features or technologies into an outdated system. It assists in lowering capital expenses while gaining access to unique technological advantages and lowering maintenance costs. During the anticipated period, the retrofit category is expected to expand considerably.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

  • Due to increasing investment in wind energy in the area, Asia Pacific led the global market for wind turbine brakes in 2021with a market share of 45.0%. In nations like China, India, and Japan in the Asia Pacific, investments in the renewable energy sector are rising quickly. This is expected to stimulate the local market. The world’s largest installed base of wind power is in China.
  • During the projection period, Europe is expected to be a very appealing area of the market due to increased investment in the renewable energy industry. To meet the renewable energy objective, countries in the region are concentrating on producing electricity from renewable sources. In Europe, investments in offshore wind power are also increasing.

Competition Analysis

Many businesses emphasize organic growth initiatives, including new launches, product approvals, patents, and events. Acquisitions, partnerships & collaborations are examples of inorganic growth tactics observed in the market.

These actions have allowed market participants to grow their consumer bases and operations. With the growing demand for wind turbine brakes, market participants are projected to benefit from attractive growth prospects in the coming years.

Some of the key developments that have taken place in the Wind Turbine Brakes Market include:

  • In May 2019, Dellner Bubenzer Group unveiled goods connected to wind energy (AWEA) at the American Wind Energy Association. Under the Dellner Brakes and Pintsch Bubenzer brands, the business introduced a variety of rotor, yaw, and pitch motor brakes, sliding bearings, and rotor locks for wind turbines.

A list of some of the key suppliers present in the market are:

  • Alian Huarui Heavy Industry India Company Private Limited
  • ICP Wind
  • ANTEC
  • Dellner Bubenzer Group
  • C. Branham, Inc.
  • Industrial Clutch Parts
  • PINTSCH BUBENZER GmbH
  • iZanda Portable Machines Tools S.L.
  • COHORT Manufacturing Ltd
  • KTR Systems GmbH
  • Altra Industrial Motion Corp.
  • KOR-PAK Corporation

Global Wind Turbine Brakes Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research Scope Details
Forecast period 2022-2032
Historical data available for 2017-2021
Market analysis USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
Key regions covered North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries covered US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments covered By Material, Application, Installation, Type, and Region
Customization scope Available upon Request
Pricing and purchase options Available upon Request
  • Report Includes

    Market Size Data

    • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
    • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
    • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
    • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
    • Incremental dollar opportunity generated in the forecast period would be indicated
    • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

    Market Background

    • Macroeconomic factors that impact the market developments
    • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
    • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
    • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
    • Trade analysis and analysis of key supply and demand hubs
    • Identification of hotbed opportunities existing in the market
    • Porter’s and PEST analysis to understand the business environment of the geography
    • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

    Pricing Analysis

    • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
    • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
    • Cost teardown analysis and key factors impacting pricing

    Value Chain Analysis

    • Country-wise list of raw material suppliers
      • Raw material price trends and buyers’ sentiment
      • Overview of Intelligent Sourcing Technique
      • Raw material procurement requirements
      • Vendor selection criteria
    • Country-wise list of product manufacturers
    • Country-wise list of distributors/traders
    • Country-wise list of end-users
      • End-Users/Customers consumption mapping
      • Key End-Users/Customers client list
    • Country-wise list of other key channel partners
    • Average profitability margins
    • Regional value chain dynamics

    Competition Analysis

    • Market shares and production capacities of key players
    • Tier structure analysis of market
    • Comprehensive competition dashboard representing the top 10-15 players in the market
    • Individual company profiles of top 15 to 20 manufacturers
      • Business Overview
      • Product Portfolio
      • Key Financials
      • Recent Developments
      • SWOT Analysis
      • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

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Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 7.2%.

Some of the drivers propelling the growth of the worldwide wind turbine brakes market include the increased demand for wind energy, government programs to encourage the use of renewable energy sources, and expanding public awareness of the advantages of wind turbines.

Major global Wind Turbine Brakes Market players are Alian Huarui Heavy Industry India Company Private Limited, ICP Wind, ANTEC, Dellner Bubenzer Group, W.C. Branham, Inc, Industrial Clutch Parts, PINTSCH BUBENZER GmbH, iZanda Portable Machines Tools S.L, COHORT Manufacturing Ltd, KTR Systems GmbH, Altra Industrial Motion Corp and KOR-PAK Corporation.

The market for wind turbine brakes may have growth restraints due to production costs.

The Asia Pacific region is expected to account for the largest market revenue share in the Global Wind Turbine Brakes market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Wind Turbine Brakes Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Wind Turbine Brakes Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Application W.R.T. Product Type
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of End-Users
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Technology Landscape
  10. Global Wind Turbine Brakes Market 2017 – 2032 By Material
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Material [Value (US$ Mn) and Volume (Tons) Analysis]
      • Sintered
      • Organic
      • Others
    • Market Attractiveness Analysis by Material
  11. Global Wind Turbine Brakes Market 2017 – 2032 by Application
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
      • Onshore
      • Offshore
    • Market Attractiveness Analysis by Application
  12. Global Wind Turbine Brakes Market 2017 – 2032 by Installation
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Installation [Value (US$ Mn) and Volume (Tons) Analysis]
      • Company Fitted
      • Retrofit
    • Market Attractiveness Analysis by Installation
  13. Global Wind Turbine Brakes Market 2017 – 2032 by Type
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Hydraulic
      • Pneumatic
      • Mechanical
    • Market Attractiveness Analysis by Type
  14. Global Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  15. North America Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Material
      • By Application
      • By Installation
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  1. Latin America Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Material
      • By Application
      • By Installation
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  1. Europe Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Material
      • By Application
      • By Installation
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  1. Asia-Pacific Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Process
      • By Coating
      • By Material
      • By Dimesnion
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  1. Middle East Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Material
      • By Application
      • By Installation
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  1. Africa Wind Turbine Brakes Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Material
      • By Application
      • By Installation
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Material
      • By Application
      • By Installation
      • By Type
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • ChemView’s Competitor Positioning Matrix
  3. Company Profiles
    • Alian Huarui Heavy Industry India Company Private Limited
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • ICP Wind
    • ANTEC
    • Dellner Bubenzer Group
    • C. Branham, Inc.
    • Industrial Clutch Parts
    • PINTSCH BUBENZER GmbH
    • iZanda Portable Machines Tools S.L.
    • COHORT Manufacturing Ltd
    • KTR Systems GmbH
    • Altra Industrial Motion Corp.
    • KOR-PAK Corporation
  4. Assumptions and Acronyms

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