About the Wind Turbine Gear Oil Market

Wind power refers to the conversion of the kinetic energy of wind into electrical energy, which can be used by grids for distribution to end-users. Although known to users since prehistoric times, the use of wind energy as a mainstream power supply has been limited. Wind energy accounted for 0.21% of the global electricity net generation in 2000.
In 2010, wind energy accounted for 341.6 billion kWh out of the global electricity net generation of 20,437 billion kWh.

Technavio’s analysts forecast the global wind turbine gear oil market to grow at a CAGR of 13.1% during the period 2016-2020.

Covered in this Report
The report covers the present scenario and the growth prospects of the global wind turbine gear oil market for 2016-2020.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio’s report, Global Wind Turbine Gear Oil Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Amsoil
  • Castrol
  • Evonik Industries
  • Exxon Mobil
  • Shell

Other Prominent Vendors

  • Afton Chemical
  • Chevron
  • Fuchs
  • Kluber
  • Lubrita
  • Neste
  • Quaker Chemical

Market Driver

  • Increased number of global wind energy installations
  • For a full, detailed list, view our report

Market Challenge

  • Competition from fossil fuels
  • For a full, detailed list, view our report

Market Trend

  • Digitization in gearboxes
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.