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Onshore Wind Turbine Pitch and Yaw Drive Market Size

  • Report ID: GMI11616
  • Published Date: Sep 2024
  • Report Format: PDF

Onshore Wind Turbine Pitch and Yaw Drive Market Size

The global onshore wind turbine pitch and yaw drive market was valued at USD 4.8 billion in 2023 and is anticipated to grow at a CAGR of 5.9% from 2024 to 2032. In a wind turbine, the pitch drive system plays a pivotal role in adjusting the angle of the blades in relation to the wind. Its key functions encompass maximizing energy capture, safeguarding the turbine against severe wind loads, and enabling braking and shutdown processes during maintenance or emergencies. Conversely, the yaw drive system ensures the turbine's rotor is aligned with the wind direction.

 

Integration of IoT, sensors, and AI technologies allows pitch and yaw systems to provide real-time feedback and predictive maintenance capabilities, which will augment the industry landscape. Many turbine manufacturers are standardizing pitch and yaw drive systems across different turbine models to reduce costs and simplify maintenance. As onshore wind projects grow larger, economies of scale are driving down the cost of pitch and yaw drive systems, making them more affordable for smaller operators.

 

The push for cost efficiency in onshore wind projects has led to more standardized designs, making pitch and yaw drives easier to integrate across different turbine models, thereby propelling the product demand. Shifting focus toward replacing hydraulic pitch systems with electric ones, which offer more precision, lower maintenance requirements, and improved energy efficiency, which is particularly prominent in large-scale onshore wind farms, strengthening the product landscape. Furthermore, modern pitch and yaw drive systems now feature variable speed control to optimize turbine performance in real-time based on wind conditions. These systems use advanced algorithms to continuously adjust the blade angles for maximum efficiency, enhancing the market landscape.

 

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size for global onshore wind turbine pitch and yaw drive is anticipated to grow at a CAGR of 5.9% from 2024 to 2032 and is predicted to hit USD 8.5 billion by 2032, due to the ongoing advancements in turbine technologies.

The electric segment in the onshore wind turbine pitch and yaw drive market is expected to surpass USD 1.6 billion by 2032, driven by advancements in turbine technology, the need for efficiency, and an increased focus on reliability and maintenance.

The large segment based on blade length is likely to register a CAGR of about 5% through 2032 on account of higher energy yields, technological advancements, and site-specific factors.

The Asia Pacific market for onshore wind turbine pitch and yaw drive is set to reach USD 3.7 billion by 2032, driven by government incentives, expanding renewable energy targets, and advancements in wind technology.

Major key players in the onshore wind turbine pitch and yaw drive market include ABM Greiffenberger, Bosch Rexroth AG, Bonfiglioli S.p.A, Dana SAC UK, Comer Industries, KEBA, Liebherr, Nabtesco Corporation, Nanjing High Speed Gear Manufacturing Co., Ltd, Nidec Conversion, SIPCO–MLS, Schaeffler Group, and ZOLLERN GmbH & Co.

Onshore Wind Turbine Pitch and Yaw Drive Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 30
  • Countries covered: 29
  • Pages: 80
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