Research and Markets - Global Wind Turbine Bearing Market CAGR Growth of 12.61% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Vendors: Schaeffler, Rothe Erde, Rollix

DUBLIN, October 14, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Wind Turbine Bearing Market 2016-2020" report to their offering.

The global wind turbine bearing market is forecast to grow at a CAGR of 12.61% during the period 2016-2020.

According to the report, increase in rotor diameter will be a key driver for market growth. Unlike conventional power plants, wind energy generation is highly dependent on meteorological conditions, especially wind speed. The maximum energy that can be harnessed by a wind turbine is roughly proportionate to the swept area of the rotor.

Technological advances and blade design are the main factors leading to increase in wind turbine output and capacity. By just doubling the rotor size or diameter, the power output increases fourfold.

Further, the report states that during the forecast period, the turbines are expected to undergo more R&D, which will also be backed by the expected increase in offshore wind capacity.

However, this would pose a challenge for the wind turbine bearing market, especially for the cylindrical roller and spherical roller bearings that are the most commonly used type in gearbox applications. With technological advances and the rise in R&D expected to increase the demand for direct-drive turbines, their use will hinder the growth of the global wind turbine bearing market.

Questions Answered:

• What will the market size be in 2020 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?

Companies Mentioned:

• Dalian Metallurgical Bearing
• SKF
• Timken
• TMB
• ZWZ
• IMO Liebherr
• NSK
• NTN Bearing
• Rollix
• Rothe Erde
• Schaeffler

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market drivers

PART 07: Market challenges

PART 08: Impact of drivers and challenges

PART 09: Market trends

PART 10: Market segmentation by product

PART 11: Market segmentation by application

PART 12: Geographical segmentation

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

PART 16: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/dczbg5/global_wind

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SOURCE Research and Markets

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