Thursday 14 June 2018, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the global wind turbine gear oil market: AMSOIL, BP, Chevron, Exxon Mobil, and Royal Dutch Shell.
Commenting on the report, an analyst said: “One trend in the market is evolution of digital wind farms. A large wind farm can contain hundreds of wind turbines that cover hundreds of miles. The digital wind farm is a new innovation that has been introduced.”
According to the report, one driver in the market is growth in wind turbine market. The global wind turbine market will experience steady growth during the forecast period. According to the Global Wind Energy Council, the global cumulative installed wind capacity reached 539.12 GW in 2017.
Further, the report states that one challenge in the market is evolution of gearless wind turbines. Traditional wind turbines run on generates that use gearboxes to convent the turning speed of blades from few rotations per minute into high-speed rotations without increasing the generator’s size.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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