Wind Turbine Bearings: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2025
- Key Topics
- Wind turbine bearings
- Main bearings
- Slewing bearings
- On-shore turbine bearings
- Off shore turbine bearings
- Bearing materials
- Renewable energy generation
- Wear resistant bearings
LEXINGTON, Massachusetts (February 15, 2019) – WinterGreen Research announces that it has published a new study Wind Bearings: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2025. The 2019 study has 390 pages, 267 tables and figures. The vendors in the wind bearings industry have invested in high-quality technology and processes to develop leading edge wind turbine capability a being implemented in the on shore and offshore sites.
There are a number of different bearing designs that can be found in the gearbox of a wind turbine, but most often, various combinations of CRBs, TRBs and ball bearings are used.
If the bearings are bigger, the bearings last longer, but making the bearings larger increases friction, which decreases turbine efficiency. Current bearings have a replacement cost that is too high. What we need is a quantum leap in bearing technology – bearing materials which are at least ten times tougher than current materials are evolving.
According to Susan Eustis, leader of the team that prepared the research, “Wind turbine bearings are mission-critical devices. They function inside MW-class turbines, endure dynamic and unpredictable stresses to support movement inside the system Stress is causing untimely, expensive repairs for many wind turbines. Reliability of mainshaft bearings is an issue. Recent turbine failures have been dramatic, investigation has centered on SRBs: Self-aligning Roller Bearings. Solutions for retrofitting single self-aligning roller bearings (SRBs) in a three-point mount arrangement, including wear-resistant SRBs and a pre-loaded TRB design are in play.”
The global wind turbine bearing market is expected to be $10.6 billion in 2025 driven by the availability and cost effectiveness of new, stronger, more efficient bearings. Next generation bearings permit wind turbines to product more power, operate in a less expensive manner, and last longer before bearing replacement. The adoption of widespread use of new bearings makes the turbine devices an optimized choice for renewable energy generation.
WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software. The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, and Thompson Financial. WinterGreen Research is positioned to help customers facing challenges that define the modern enterprises.
The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise. Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment.
WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments. It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally. These are all vital market research support solutions requiring trust and integrity.
This is the 816th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the Company
WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.
About the Principal Authors
Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.
Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.