The global Wind Turbine Bearings market was valued at US$ 4695.8 million in 2022 and is projected to reach US$ 9179 million by 2029, at a CAGR of 10.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Bearings are machine elements used to reduce energy loss caused by friction in the rotary parts of a broad range of equipment and machinery.
Wind Turbine Bearings Market aims to provide a comprehensive presentation of the global market for Wind Turbine Bearings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Turbine Bearings. Wind Turbine Bearings Market contains market size and forecasts of Wind Turbine Bearings in global, including the following market information:
Global Wind Turbine Bearings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Wind Turbine Bearings Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Wind Turbine Bearings companies in 2022 (%)
The onshore wind power generation sector dominated the global wind turbine bearing market and will retain its dominance throughout the forecast period. Onshore wind turbines account for the majority share of the global cumulative installed wind capacity. The wind turbine gear bearings market for onshore applications can be calculated through the number of onshore wind installations coming online each year. China accounts for the largest number of onshore wind installations and is the largest consumer of wind turbine bearings across the globe.
We surveyed the Wind Turbine Bearings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wind Turbine Bearings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wind Turbine Bearings Market Segment Percentages, by Type, 2022 (%)
- Slewing Ring Bearings
- Spherical Roller Bearings
Global Wind Turbine Bearings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wind Turbine Bearings Market Segment Percentages, by Application, 2022 (%)
Global Wind Turbine Bearings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wind Turbine Bearings Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Wind Turbine Bearings revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Wind Turbine Bearings revenues share in global market, 2022 (%)
- Key companies Wind Turbine Bearings sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Wind Turbine Bearings sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- SKF
- Dalian Metallurgical Bearing
- Timken
- TMB
- ZWZ
- Liebherr
- NSK
- NTN Bearing
- Rollix
- Rothe Erde
- Schaeffler Group
- Kaydon Corporation
- ZYS Luoyang LYC Bearing
- Zhejiang Tianma Bearing
- Xibei Bearing
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Wind Turbine Bearings, market overview.
- Chapter 2: Global Wind Turbine Bearings market size in revenue and volume.
- Chapter 3: Detailed analysis of Wind Turbine Bearings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: 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 5: 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 6: Sales of Wind Turbine Bearings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Wind Turbine Bearings capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.