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Wind Turbine Gearbox Repair and Refurbishment-Global Market Insights and Sales Trends 2025
Synopsis
The global Wind Turbine Gearbox Repair and Refurbishment market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Gearbox Repair and Refurbishment in various end use industries. The expanding demands from the Energy, Utility, Commercial and Others, are propelling Wind Turbine Gearbox Repair and Refurbishment market. Onshore, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Offshore segment is estimated at % CAGR for the next seven-year period.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Gearbox Repair and Refurbishment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wind Turbine Gearbox Repair and Refurbishment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wind Turbine Gearbox Repair and Refurbishment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Gearbox Repair and Refurbishment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wind Turbine Gearbox Repair and Refurbishment covered in this report include Brevini UK Ltd, Siemens Gamesa Renewable Energy SA, ME Production A/S, Stork Gears & Services BV, Bosch Rexroth AG, ZF Friedrichshafen AG, Turbine Repair Solutions, Grenaa Motorfabrik A/S and Enercon GmbH, etc.
The global Wind Turbine Gearbox Repair and Refurbishment market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Brevini UK Ltd
Siemens Gamesa Renewable Energy SA
ME Production A/S
Stork Gears & Services BV
Bosch Rexroth AG
ZF Friedrichshafen AG
Turbine Repair Solutions
Grenaa Motorfabrik A/S
Enercon GmbH
Connected Wind Services Refurbishment A/S
Moventas
China High-Speed Transmission
Vestas Wind Systems A/S
Global Wind Turbine Gearbox Repair and Refurbishment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wind Turbine Gearbox Repair and Refurbishment market, Segment by Type:
Onshore
Offshore
Global Wind Turbine Gearbox Repair and Refurbishment market, by Application
Energy
Utility
Commercial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: 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 Four: Detailed analysis of Wind Turbine Gearbox Repair and Refurbishment companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Wind Turbine Gearbox Repair and Refurbishment market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Gearbox Repair and Refurbishment in various end use industries. The expanding demands from the Energy, Utility, Commercial and Others, are propelling Wind Turbine Gearbox Repair and Refurbishment market. Onshore, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Offshore segment is estimated at % CAGR for the next seven-year period.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Gearbox Repair and Refurbishment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wind Turbine Gearbox Repair and Refurbishment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wind Turbine Gearbox Repair and Refurbishment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Gearbox Repair and Refurbishment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wind Turbine Gearbox Repair and Refurbishment covered in this report include Brevini UK Ltd, Siemens Gamesa Renewable Energy SA, ME Production A/S, Stork Gears & Services BV, Bosch Rexroth AG, ZF Friedrichshafen AG, Turbine Repair Solutions, Grenaa Motorfabrik A/S and Enercon GmbH, etc.
The global Wind Turbine Gearbox Repair and Refurbishment market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Brevini UK Ltd
Siemens Gamesa Renewable Energy SA
ME Production A/S
Stork Gears & Services BV
Bosch Rexroth AG
ZF Friedrichshafen AG
Turbine Repair Solutions
Grenaa Motorfabrik A/S
Enercon GmbH
Connected Wind Services Refurbishment A/S
Moventas
China High-Speed Transmission
Vestas Wind Systems A/S
Global Wind Turbine Gearbox Repair and Refurbishment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wind Turbine Gearbox Repair and Refurbishment market, Segment by Type:
Onshore
Offshore
Global Wind Turbine Gearbox Repair and Refurbishment market, by Application
Energy
Utility
Commercial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: 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 Four: Detailed analysis of Wind Turbine Gearbox Repair and Refurbishment companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Wind Turbine Gearbox Repair and Refurbishment
1.1 Wind Turbine Gearbox Repair and Refurbishment Market Overview
1.1.1 Wind Turbine Gearbox Repair and Refurbishment Product Scope
1.1.2 Wind Turbine Gearbox Repair and Refurbishment Market Status and Outlook
1.2 Global Wind Turbine Gearbox Repair and Refurbishment Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Wind Turbine Gearbox Repair and Refurbishment Market Size by Region (2018-2029)
1.4 Global Wind Turbine Gearbox Repair and Refurbishment Historic Market Size by Region (2018-2023)
1.5 Global Wind Turbine Gearbox Repair and Refurbishment Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
1.6.1 North America Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
1.6.2 Europe Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
1.6.3 Asia-Pacific Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
1.6.4 Latin America Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
1.6.5 Middle East & Africa Wind Turbine Gearbox Repair and Refurbishment Market Size (2018-2029)
2 Wind Turbine Gearbox Repair and Refurbishment Market by Type
2.1 Introduction
2.1.1 Onshore
2.1.2 Offshore
2.2 Global Wind Turbine Gearbox Repair and Refurbishment Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Wind Turbine Gearbox Repair and Refurbishment Historic Market Size by Type (2018-2023)
2.2.2 Global Wind Turbine Gearbox Repair and Refurbishment Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Type (2018-2029)
3 Wind Turbine Gearbox Repair and Refurbishment Market Overview by Application
3.1 Introduction
3.1.1 Energy
3.1.2 Utility
3.1.3 Commercial
3.1.4 Others
3.2 Global Wind Turbine Gearbox Repair and Refurbishment Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Wind Turbine Gearbox Repair and Refurbishment Historic Market Size by Application (2018-2023)
3.2.2 Global Wind Turbine Gearbox Repair and Refurbishment Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Wind Turbine Gearbox Repair and Refurbishment Revenue Breakdown by Application (2018-2029)
4 Wind Turbine Gearbox Repair and Refurbishment Competition Analysis by Players
4.1 Global Wind Turbine Gearbox Repair and Refurbishment Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wind Turbine Gearbox Repair and Refurbishment as of 2022)
4.3 Date of Key Players Enter into Wind Turbine Gearbox Repair and Refurbishment Market
4.4 Global Top Players Wind Turbine Gearbox Repair and Refurbishment Headquarters and Area Served
4.5 Key Players Wind Turbine Gearbox Repair and Refurbishment Product Solution and Service
4.6 Competitive Status
4.6.1 Wind Turbine Gearbox Repair and Refurbishment Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Brevini UK Ltd
5.1.1 Brevini UK Ltd Profile
5.1.2 Brevini UK Ltd Main Business
5.1.3 Brevini UK Ltd Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.1.4 Brevini UK Ltd Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.1.5 Brevini UK Ltd Recent Developments
5.2 Siemens Gamesa Renewable Energy SA
5.2.1 Siemens Gamesa Renewable Energy SA Profile
5.2.2 Siemens Gamesa Renewable Energy SA Main Business
5.2.3 Siemens Gamesa Renewable Energy SA Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.2.4 Siemens Gamesa Renewable Energy SA Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Gamesa Renewable Energy SA Recent Developments
5.3 ME Production A/S
5.3.1 ME Production A/S Profile
5.3.2 ME Production A/S Main Business
5.3.3 ME Production A/S Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.3.4 ME Production A/S Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.3.5 Stork Gears & Services BV Recent Developments
5.4 Stork Gears & Services BV
5.4.1 Stork Gears & Services BV Profile
5.4.2 Stork Gears & Services BV Main Business
5.4.3 Stork Gears & Services BV Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.4.4 Stork Gears & Services BV Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.4.5 Stork Gears & Services BV Recent Developments
5.5 Bosch Rexroth AG
5.5.1 Bosch Rexroth AG Profile
5.5.2 Bosch Rexroth AG Main Business
5.5.3 Bosch Rexroth AG Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.5.4 Bosch Rexroth AG Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.5.5 Bosch Rexroth AG Recent Developments
5.6 ZF Friedrichshafen AG
5.6.1 ZF Friedrichshafen AG Profile
5.6.2 ZF Friedrichshafen AG Main Business
5.6.3 ZF Friedrichshafen AG Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.6.4 ZF Friedrichshafen AG Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.6.5 ZF Friedrichshafen AG Recent Developments
5.7 Turbine Repair Solutions
5.7.1 Turbine Repair Solutions Profile
5.7.2 Turbine Repair Solutions Main Business
5.7.3 Turbine Repair Solutions Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.7.4 Turbine Repair Solutions Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.7.5 Turbine Repair Solutions Recent Developments
5.8 Grenaa Motorfabrik A/S
5.8.1 Grenaa Motorfabrik A/S Profile
5.8.2 Grenaa Motorfabrik A/S Main Business
5.8.3 Grenaa Motorfabrik A/S Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.8.4 Grenaa Motorfabrik A/S Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.8.5 Grenaa Motorfabrik A/S Recent Developments
5.9 Enercon GmbH
5.9.1 Enercon GmbH Profile
5.9.2 Enercon GmbH Main Business
5.9.3 Enercon GmbH Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.9.4 Enercon GmbH Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.9.5 Enercon GmbH Recent Developments
5.10 Connected Wind Services Refurbishment A/S
5.10.1 Connected Wind Services Refurbishment A/S Profile
5.10.2 Connected Wind Services Refurbishment A/S Main Business
5.10.3 Connected Wind Services Refurbishment A/S Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.10.4 Connected Wind Services Refurbishment A/S Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.10.5 Connected Wind Services Refurbishment A/S Recent Developments
5.11 Moventas
5.11.1 Moventas Profile
5.11.2 Moventas Main Business
5.11.3 Moventas Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.11.4 Moventas Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.11.5 Moventas Recent Developments
5.12 China High-Speed Transmission
5.12.1 China High-Speed Transmission Profile
5.12.2 China High-Speed Transmission Main Business
5.12.3 China High-Speed Transmission Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.12.4 China High-Speed Transmission Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.12.5 China High-Speed Transmission Recent Developments
5.13 Vestas Wind Systems A/S
5.13.1 Vestas Wind Systems A/S Profile
5.13.2 Vestas Wind Systems A/S Main Business
5.13.3 Vestas Wind Systems A/S Wind Turbine Gearbox Repair and Refurbishment Products, Services and Solutions
5.13.4 Vestas Wind Systems A/S Wind Turbine Gearbox Repair and Refurbishment Revenue (US$ Million) & (2018-2023)
5.13.5 Vestas Wind Systems A/S Recent Developments
6 North America
6.1 North America Wind Turbine Gearbox Repair and Refurbishment Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Wind Turbine Gearbox Repair and Refurbishment Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Wind Turbine Gearbox Repair and Refurbishment Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Wind Turbine Gearbox Repair and Refurbishment Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Wind Turbine Gearbox Repair and Refurbishment Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Wind Turbine Gearbox Repair and Refurbishment Market Dynamics
11.1 Wind Turbine Gearbox Repair and Refurbishment Industry Trends
11.2 Wind Turbine Gearbox Repair and Refurbishment Market Drivers
11.3 Wind Turbine Gearbox Repair and Refurbishment Market Challenges
11.4 Wind Turbine Gearbox Repair and Refurbishment Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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