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Wind Turbine Automation Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2025
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Description

Wind energy is classified as one of the renewable source of energy present in abundance. The process of transforming kinetic energy into electrical energy is known as harnessing wind energy. Wind turbine automation is the procedure of setting up an intelligent system using computer that controls the functioning of turbines and observing the failures, improving the performance of wind turbine by controlling the motion of turbine and magnifying the conversion of energy. The wind turbine automation can be totally integrated or can be applied in any particular component of the wind turbine, including interior of the nacelle. There is a rising demand for automated wind turbines to safeguard the overall infrastructure of wind turbine and gain optimum output. By achieving wind turbine automation, the effectiveness to harvest wind energy will increase and reliance on conventional non-renewable and exhaustible sources such as coal, oil etc. 

The advantage of wind turbine automation are reliability, efficiency of wind turbines, safety, higher rate of conversion of energy, magnified permanence of components of wind turbine, economy scale and decreased failure of accidents during installation  and maintenance. Although, the investment in the initial period and replacement cost of conventional setup is accompanied with the automation of wind turbine is costly. The mechanical advancements in the initial phase requires more time to develop. 

The global wind turbine automation market is expected to witness a double digit CAGR over the foreseeable years (2015-2023) because of rise in consumption of wind energy as a renewable resource. The major driving factors affecting the rise in global wind turbine automation market are – decrease in natural resources, growing attempts by governments for harvesting wind energy, increase in global warming and world- wide efforts for regulating emission of poisonous gases like carbon dioxide in atmosphere. The rise of other renewable sources like solar cells give a direct competition to wind energy. The major restrictive factors that affects the growth in wind turbine automation market is increased requirement for automation by various clients demanding the different mechanisms in the wind turbine automation market. 

The global wind turbine automation market is bifurcated based on type of automation used, type of wind farms and region. On the basis of type of wind farm, the global wind turbine automation market is segmented into offshore and onshore. Based on type of automation used, the global wind turbine automation market can be classified into PLC, SCADA, CMS and HMI. Geographically, the global wind turbine automation market can be categorized into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Current progress contains various advancements to observe and keep tracks of regularity of motion of turbines and conversion of energy to analyze data and predict future developments.Bachmann electronic Inc., GmbH, Siemens AG, ABB, and Rockwell Automation are some of the major companies of the global wind turbine automation market. The US and Germany market is more developed in terms of adopting the technology. Contrary, the South Asian market is expected to show tremendous growth in future. The rapid development in wind power market will observe consequent growth in the global wind turbine automation market. Government is massively investing in the wind energy related projects to fulfill the rapid demand for electricity. 

The energy conversion rate and productivity will be increased with the wind turbine automation. The emerging markets for wind turbine automation in future are India, China and Korea. The report gives a cumulative assessment of the world-wide wind turbine automation market and contains important facts, insights, and previous data and demographically supported and market data validated by the industry and forecasts with substantial assumptions and methods. It gives an information and analysis by categories such as type of automation system used, geography and type of wind farms.

Table of Content

  1. EXECUTIVE SUMMARY
  2. RESEARCH METHODOLOGY
    1. Market Definition
    2. Market Scope
    3. Data Sources
  3. MARKET DYNAMICS
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. INDUSTRY OVERVIEW
    1. Value Chain Analysis
    2. Porter’s Five Forces Analysis
    3. Key Trends
  5. GLOBAL WIND TURBINE AUTOMATION MARKET BY TYPE OF WIND FARM (2017-2023)
    1. Global Wind Turbine Automation Market by Onshore
    2. Global Wind Turbine Automation Market by Offshore
  6. GLOBAL WIND TURBINE AUTOMATION MARKET BY TYPE OF AUTOMATION USED (2017-2023)
    1. Global Wind Turbine Automation Market by SCADA
    2. Global Wind Turbine Automation Market by PLC
    3. Global Wind Turbine Automation Market by HMI
    4. Global Wind Turbine Automation Market by CMS
  7. GLOBAL WIND TURBINE AUTOMATION MARKET, BY REGIONS (2017-2023)
    1. North America Wind Turbine Automation Market
      1. North America Wind Turbine Automation Market by type of wind farm
      2. North America Wind Turbine Automation Market by type of automation used
      3. North America Wind Turbine Automation Market by Country
        1. U.S. Wind Turbine Automation Market
        2. Rest of North America Wind Turbine Automation Market
    2. Europe Wind Turbine Automation Market
      1. Europe Wind Turbine Automation Market by Type of Wind Farm
      2. Europe Wind Turbine Automation Market by type of Automation Used
      3. Europe Wind Turbine Automation Market by Country
        1. France Wind Turbine Automation Market
        2. Germany Wind Turbine Automation Market
        3. U.K Wind Turbine Automation Market
        4. Rest of Europe Wind Turbine Automation Market
    3. Asia Pacific Wind Turbine Automation Market
      1. Asia-Pacific Wind Turbine Automation Market by Type of Wind Farm
      2. Asia-Pacific Wind Turbine Automation Market by type of Automation Used
      3. Asia-Pacific Wind Turbine Automation Market by Country
        1. China Wind Turbine Automation Market
        2. Japan Wind Turbine Automation Market
        3. India Wind Turbine Automation Market
        4. Rest of Asia Pacific Wind Turbine Automation Market
    4. Middle East & Africa Wind Turbine Automation Market
      1. Middle East & Africa Wind Turbine Automation Market by type of wind farm
      2. Middle East & Africa Wind Turbine Automation Market by type of automation used
      3. Middle East & Africa Wind Turbine Automation Market by Country
        1. GCC Wind Turbine Automation Market
        2. North Africa Wind Turbine Automation Market
        3. South Africa Wind Turbine Automation Market
        4. Rest of Middle East & Africa Wind Turbine Automation Market
    5. Latin America Wind Turbine Automation Market
      1. Latin America Wind Turbine Automation Market by type of wind farm
      2. Latin America Wind Turbine Automation Market by type of automation used
      3. Latin America Wind Turbine Automation Market by Country
        1. Brazil Wind Turbine Automation Market
        2. Rest of Latin America Wind Turbine Automation Market

 

  1. MARKET COMPETITION ANALYSIS
    1. Market Share/Positioning Analysis
    2. Key Innovators
    3. Company Profiles
      1. Siemens AG
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      2. ABB Ltd.
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      3. Bachmann Electronic GmbH.
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      4. Rockwell Automation, Inc.
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      5. General Electric
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      6. Emerson Electric
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      7. Mitsubishi Axiomtek
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      8. Beckhoff
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      9. B&R Automation
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      10. Vestas Wind Systems
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments

Research Methodology

This research study involved the usage of extensive secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and Avention; white papers; annual reports; company house documents; and SEC filings of companies. Secondary research was mainly used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the market. It was also used to obtain key information about the market classification and segmentation according to the industry trends, regional markets, and developments related to the market and technology perspectives. Primary sources were mainly several industry experts from core and related industries; and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry‘s value chain. In-depth interviews were conducted from various primary respondents which included key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure shows the market research methodology applied in making this report.



After the complete market engineering (which includes calculations for market statistics, market breakdown, market size estimation, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types and key market dynamics such as drivers, restraints, and opportunities.

In the complete market engineering process, both top-down and bottom-up approaches were extensively used along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

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