Synopsis
The global market for Pitch and Yaw Drive was estimated to be worth US$ 1010 million in 2024 and is forecast to a readjusted size of US$ 1453 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
The yaw drive is an important component of the horizontal axis wind turbines' yaw system. To ensure the wind turbine is producing the maximal amount of electric energy at all times, the yaw drive is used to keep the rotor facing into the wind as the wind direction changes. A pitch system monitors and controls the angle of attack of the rotor blades and thus controls the speed of the rotor. Furthermore it is the main brake of a wind turbine. The pitch drive is the main part of a pitch system as it takes over the control of it.
Bonfiglioli is the largest manufacturers of Pitch and Yaw Drive in the world, has a share about 30%. Other players include NGC Gears, Yinchuan Weili Transmission, etc. China is the largest market, has a share about 55%, followed by Europe, and North America, with share 27% and 15%, separately. In terms of product type, Electric is the largest segment, occupied for a share of 75%, and in terms of application, Onshore has a share about 85 percent.
Market drivers
The growth of wind energy resource utilization:
With the increasing global attention to renewable energy, the development and utilization of wind energy as a clean and renewable energy form has received widespread attention. As a key component in wind power generation systems, the market demand for variable pitch yaw drives has continued to expand with the growth of wind energy resources.
Technological progress and cost reduction:
With the continuous advancement of technology, the performance of variable pitch yaw drives has been significantly improved, while the production cost has gradually decreased. This has reduced the overall cost of wind power generation systems and improved the market competitiveness of wind energy, thereby further promoting the development of the variable pitch yaw drive market.
Policy support and subsidies:
In order to promote the development of renewable energy, many countries and regions have formulated a series of preferential policies and subsidy measures. These policies provide strong support for the construction of wind power projects and indirectly promote the growth of the variable pitch yaw drive market.
Enhanced environmental awareness:
With the continuous improvement of global environmental awareness, more and more countries and regions have begun to pay attention to the development and utilization of renewable energy. Wind energy, as a clean and pollution-free energy form, has received widespread attention and favor. This also provides a broad space for the development of the variable pitch yaw drive market.
This report aims to provide a comprehensive presentation of the global market for Pitch and Yaw Drive, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Pitch and Yaw Drive by region & country, by Purity, and by Application.
The Pitch and Yaw Drive market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pitch and Yaw Drive.
Market Segmentation
By Company
Bonfiglioli
Comer Industries
Dana
NGC Gears
Liebherr
Chongqing Gearbox
Yinchuan Weili Transmission
Nabtesco
Bosch-Rexroth
Enercon
DHHI
Segment by Purity
Electric Pitch and Yaw Drive
Hydraulic Pitch and Yaw Drive
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Pitch and Yaw Drive manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Purity, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Pitch and Yaw Drive in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Pitch and Yaw Drive in country level. It provides sigmate data by Purity, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request