Wind Turbine Pitch and Yaw Drive Market Size - By End Use (Onshore, Offshore), By Type (< 1000 W, 1000 W - 3000 W, >3000 W), By Pitch System (Electric, Mechanical, Hydraulic), By Turbine Blade (Small, Medium, Large) & Forecast, 2024 – 2032

Wind Turbine Pitch and Yaw Drive Market Size

Wind Turbine Pitch and Yaw Drive Market was valued USD 5.4 billion in 2023 and is anticipated to grow at a CAGR of 7.4% from 2024 to 2032. The pitch drive system in a wind turbine is a crucial mechanism that controls the angle of the turbine blades relative to the wind. The primary functions of the pitch drive include maximizing energy capture, protecting the turbine from extreme wind loads, and facilitating braking and shutdown procedures during maintenance or emergencies. Yaw drive system on the other side is responsible for orienting the turbine's rotor toward the wind direction.
 

Shifting focus towards renewable energy sources along with governments and organizations setting up ambitious targets to combat the climate change and reduce reliance on fossil fuels will augment the industry landscape. Wind energy, being one of the most mature and cost-effective renewable technologies, is at the forefront of this transition. Enhancing the efficiency and reliability of wind turbines will strengthen the business scenario.
 

Continuous technological advancements in the drive systems coupled with rising innovations in control algorithms, materials, and manufacturing processes has led to the development of more efficient, reliable, and cost-effective systems, thereby propelling the product demand. These advancements enable the wind turbines to operate optimally in a wide range of wind conditions, reduce maintenance requirements, and extend their operational lifespan. Furthermore, wind energy project developers are increasingly investing in the state-of-the-art pitch and yaw drive systems to maximize their return on investment.
 

Wind Turbine Pitch and Yaw Drive Market Trends

Many countries have introduced favorable regulatory frameworks, subsidies, tax breaks, and grants to encourage the development and deployment of renewable energy projects. These incentives make it economically viable for developers to invest in advanced wind turbine technologies, including pitch and yaw drives, thereby accelerating the market growth. Further, these systems enable the wind turbines to operate efficiently and safely, contributing significantly to the reliability and economic viability of the wind energy projects.
 

Wind Turbine Pitch and Yaw Drive Market Analysis

Based on end use, the onshore segment is set to cross than USD 8.5 billion by 2032, driven by limited installation and maintenance costs compared to offshore projects. Rising technological improvements, such as larger rotor diameters and taller towers, have significantly increased the energy capture efficiency of the wind turbines. This advancement has increased the demand for pitch and yaw drive systems for managing these larger, more powerful turbines, ensuring optimal performance and longevity, thereby contributing to the industry landscape.
 

Based on type, the <1000 W segment is set to grow over 22.5% CAGR through 2032, as they act as a reliable source of renewable energy for off-grid locations and remote communities. Growing adoption of residential wind turbines is supported by advanced pitch and yaw drives which minimizes operational noise and blends seamlessly into urban and residential environments. In addition, rising energy costs and environmental consciousness among homeowners will propel the demand for small wind turbines equipped with efficient pitch and yaw drive systems.
 

Europe wind turbine pitch and yaw drive market is projected to surpass USD 3.5 billion by 2032. Increasing offshore wind energy projects across the region, with significant projects in the North Sea, Baltic Sea, and the Atlantic Ocean are driving the business scenario. The turbines used in these projects are larger and face harsher environmental conditions, requiring robust and reliable pitch and yaw drive, thereby fostering the product penetration. European Union’s growing ambitious renewable energy targets, aiming to achieve at least 32% of its energy from renewable sources by 2030 supported by policies and subsidies that incentivize the adoption of wind energy technologies, will foster the industry landscape.
 

Growing investments in wind energy technology along with continuous research and development activities to boost the turbine efficiency and reliability will complement the product growth. Presence of eminent players in the region offering advanced systems, aiming for heightened performance and lowered maintenance costs will contribute to the growth scenario. Setting up of ambitious 100% renewable energy targets by industry manufacturers coupled with increasing innovations across the wind farms to power their operations will drive the business scenario.
 

Wind Turbine Pitch and Yaw Drive Market Share

Notable research institutes like the National Renewable Energy Laboratory (NREL) in the U.S., Fraunhofer Institute for Wind Energy Systems (IWES) in Germany, and the China Wind Energy Association (CWEA) are at the forefront of these developments. The deployment of smart sensors and data analytics allows for real-time monitoring and predictive maintenance, curbing downtime and operational expenses. Furthermore, the incorporation of AI and IoT technologies enables automated adjustments, thereby optimizing energy generation and bolstering overall efficiency.
 

Wind Turbine Pitch and Yaw Drive Market Companies

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

• 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
• ZOLLERN GmbH & Co.
   

Wind Turbine Pitch and Yaw Drive Industry News

• In December 2023, MingYang Smart Energy has unveiled the MySE 18.X-20MW at its Shanwei base, marking it as the leading offshore wind turbine by capacity and rotor diameter globally. This innovation highlights the company's focus on advanced technology for deeper waters. The turbine, fully manufactured domestically, includes key components like blades, gearboxes, and control systems, enhancing the supply chain. As part of MingYang's hybrid drive family, the MySE 18.X-20MW aims to reduce the LCOE and ensure long-term returns.
   
• In February 2023, NGC launched yaw drives with overload protection. The new overload protection technology automatically disconnects the yaw drives from the load in the event of an overload. This innovation prevents the overload from affecting all components, such as the electric motor, gearbox, and slewing bearing, thereby safeguarding the entire yaw system from potential damage. The product launch aimed to overcome the wind energy industry's demand for efficient yaw systems.
   

This wind turbine pitch and yaw drive market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “MW & USD Million” from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By End Use

• Onshore
• Offshore

Market, By Type

• < 1000 W
• 1000 W - 3000 W
• >3000 W

Market, By Pitch System

• Electric
• Mechanical
• Hydraulic

Market, By Type

• Small
• Medium
• Large

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Spain
  • UK
  • France
  • Italy
  • Sweden
  • Poland
  • Denmark
  • Portugal
  • Netherlands
  • Ireland
  • Belgium
• Asia Pacific
  • xx China
  • India
  • Australia
  • Japan
  • South Korea
  • Vietnam
  • Thailand
  • Philippines
  • Taiwan
• Middle East & Africa
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Chile
  • Argentina