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Europe Wind Turbine Pitch and Yaw Drive Market Share

Report ID: GMI11785
Published Date: Oct 2024
Report Format: PDF

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Europe Wind Turbine Pitch and Yaw Drive Market Share

Europe Wind Turbine Pitch and Yaw Drive Company Market Share

The competitive landscape in the European wind turbine pitch and yaw drive industry is shaped by several key players, technological innovations, and evolving market dynamics. Partnerships between wind turbine manufacturers and specialized drive system suppliers are vital. These collaborations help in optimizing the integration of pitch and yaw systems in next-generation turbines. European regulations and goals for carbon neutrality by 2050 further drive innovation in pitch and yaw systems, emphasizing sustainability, durability, and energy efficiency.

Europe Wind Turbine Pitch and Yaw Drive Market Companies

Eminent players operating in the Europe wind turbine pitch and yaw drive industry are:

ABM Greiffenberger
Bosch Rexroth AG
Bonfiglioli S.p.A
Comer Industries
Dana SAC UK
KEBA
Liebherr
Nabtesco Corporation
Nidec Conversion
SIPCO–MLS
Schaeffler Group
ZOLLERN GmbH & Co.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The European market for wind turbine pitch and yaw drives was exceeded USD 1.5 billion in 2023 and is expected to grow at a 11.1% CAGR from 2024 to 2032, attributed to increasing investments in wind power solutions from both private and public sectors.

The onshore segment is expected to surpass USD 2.5 billion by 2032, driven by government renewable energy targets aimed at combating climate change and reducing reliance on fossil fuels.

The 1000 W – 3000 W segment is poised to achieve a CAGR of over 20.5% through 2032. This growth is spurred by its increasing adoption in community energy projects and by small businesses addressing their energy needs.

The Germany wind turbine pitch and yaw drives market is on track to reach USD 600 million by 2032. This performance is bolstered by ambitious renewable energy targets and supportive policies and subsidies promoting wind energy technologies.

Key players in the European wind turbine pitch and yaw drive market include ABM Greiffenberger, Bosch Rexroth AG, Bonfiglioli S.p.A, Comer Industries, Dana SAC UK, KEBA, Liebherr, Nabtesco Corporation, Nidec Conversion, SIPCO–MLS, Schaeffler Group, and ZOLLERN GmbH & Co.