The global wind turbine pitch systems market is expected to grow from USD 1.6 billion in 2019 to USD 1.86 billion by 2027, at a CAGR of 1.9% during the forecast period 2020-2027.
The surge in demand for power and environmental concerns have led to the discovery of renewable energy sources like wind, hydro and solar. Among these, wind energy has a lot of potential to provide as an alternate energy source in the future. Rotating turbines convert the kinetic energy supplied by winds to mechanical energy. Wind turbine pitch control system can alter the incidence of rotor blades in a wind generation facility based on the real-time wind flow velocity in order to adjust output strength, achieve greater wind power usage efficiency and provide safety for rotor blades. When wind velocity is not higher than the rated velocity, the blade incidence remains close to the 0 ° angle (highest powerpoint), similar to that of a constant-pitch generator, producing a power output that varies along with velocity.
This study delivers a comprehensive analysis of product types, applications, and regions. The product type segment includes pitch pumps, pitch motors, pitch servo drives, pitch valves, and remote terminal software. On the basis of application, the market has been divided into off-shore turbine and on-shore turbine. The increasing demand for power, high cost of electricity, the decrease in wind turbine prices, technological advancements, reduced maintenance & operating costs, and cheap financing facilities are the key factors driving growth in the global wind turbine pitch systems market. However, there are restraints such as high installation costs and the lack of availability of lands with speedy winds.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the rapid urbanization and industrialization, the Asia-Pacific region stands as a promising market for wind turbine pitch systems and is expected to grow at the highest during the forecast period.
Some of the notable players in the wind turbine pitch systems market are Siemens AG, MLS, Beijing Techwin, ABB, OAT - Osterholz AntriebsTechnik GmbH, Enercon GmbH, Chengdu Haote Technology Co Ltd, Inox Wind Ltd., Pioneer Wincon Pvt. Ltd., Mita-Teknik AS, General Electric, Kenersys Group, Vestas, Bosch Rexroth, DONGFENG Electric, Atech, MOOG, DEIF Wind Power, Gamesa, Parker Hannifin, Chongqing KK-Qianwei, Huadian Tianren, Lianyungang Jariec and RRB Energy among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global wind turbine pitch systems industry.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Wind Turbine Pitch Systems Market Analysis And Forecast, By Product Type
Global Wind Turbine Pitch Systems Market Analysis And Forecast, By Applications
Global Wind Turbine Pitch Systems Market Analysis And Forecast, By Regional Analysis
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Challenges
5.5. Opportunities
6. Global Wind Turbine Pitch Systems Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.2. Pitch Pumps
6.3. Pitch Motors
6.4. Pitch Servo Drives
6.5. Pitch Valves
6.6. Remote Terminal Software
7. Global Wind Turbine Pitch Systems Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Off-Shore Turbine
7.3. On-Shore Turbine
8. Global Wind Turbine Pitch Systems Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Wind Turbine Pitch Systems Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Wind Turbine Pitch Systems Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Siemens AG
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. MLS
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Beijing Techwin
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. ABB
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. OAT - OsterholzAntriebsTechnik GmbH
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Enercon GmbH
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Chengdu Haote Technology Co Ltd
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Inox Wind Ltd
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Pioneer WinconPvt. Ltd
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Mita-Teknik AS
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. General Electric
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Kenersys Group
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Vestas
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Bosch Rexroth
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. DONGFENG Electric
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Atech
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
List of Table
1. Global Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
2. Global Pitch Pump, Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
3. Global Pitch Motors, Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
4. Global Pitch Servo Drives, Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
5. Global Pitch Valves, Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
6. Global Remote Terminal Software, Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
7. Global Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
8. Global Onshore Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
9. Global Offshore Wind Turbine Pitch Systems Market, By Region, 2017-2027 (USD Billion)
10. North America Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
11. North America Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
12. U.S. Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
13. U.S. Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
14. Canada Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
15. Canada Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
16. Mexico Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
17. Mexico Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
18. Europe Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
19. Europe Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
20. Germany Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
21. Germany Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
22. France Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
23. France Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
24. U.K. Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
25. U.K. Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
26. Italy Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
27. Italy Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
28. Spain Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
29. Spain Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
30. Asia Pacific Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
31. Asia Pacific Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
32. Japan Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
33. Japan Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
34. China Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
35. China Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
36. India Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
37. India Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
38. South America Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
39. South America Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
40. Brazil Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
41. Brazil Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
42. Middle East and Africa Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
43. Middle East and Africa Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
44. UAE Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
45. UAE Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
46. South Africa Wind Turbine Pitch Systems Market, By Product Type, 2017-2027 (USD Billion)
47. South Africa Wind Turbine Pitch Systems Market, By Application, 2017-2027 (USD Billion)
List of Figures
1. Global Wind Turbine Pitch Systems Market Segmentation
2. Global Wind Turbine Pitch Systems Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Wind Turbine Pitch Systems Market Attractiveness Analysis By Product Type
9. Global Wind Turbine Pitch Systems Market Attractiveness Analysis By Application
10. Global Wind Turbine Pitch Systems Market Attractiveness Analysis By Region
11. Global Wind Turbine Pitch Systems Market: Dynamics
12. Global Wind Turbine Pitch Systems Market Share by Product Type(2020 & 2027)
13. Global Wind Turbine Pitch Systems Market Share by Application(2020 & 2027)
14. Global Wind Turbine Pitch Systems Market Share by Regions (2020 & 2027)
15. Global Wind Turbine Pitch Systems Market Share by Company (2019)
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