DUBLIN, Jan. 21, 2021 /PRNewswire/ — The “Wind Turbine Bearings – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
The writer brings years of analysis expertise to the eighth version of this report. The 179-page report presents concise insights into how the pandemic has impacted manufacturing and the purchase aspect for 2020 and 2021. A brief-term phased restoration by key geography can be addressed.
International Wind Turbine Bearings Market to Attain $11 Billion by 2027
Amid the COVID-19 disaster, the worldwide marketplace for Wind Turbine Bearings estimated at US$5.1 Billion within the yr 2020, is projected to succeed in a revised dimension of US$11 Billion by 2027, rising at a CAGR of 11.7% over the interval 2020-2027.
Onshore Wind Turbine Bearings, one of many segments analyzed within the report, is projected to file 10.9% CAGR and attain US$8.1 Billion by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Offshore Wind Turbine Bearings section is readjusted to a revised 14.2% CAGR for the subsequent 7-year interval.
The U.S. Market is Estimated at $1.4 Billion, Whereas China is Forecast to Develop at 15.2% CAGR
The Wind Turbine Bearings market within the U.S. is estimated at US$1.4 Billion within the yr 2020. China, the world`s second largest financial system, is forecast to succeed in a projected market dimension of US$2.4 Billion by the yr 2027 trailing a CAGR of 15.2% over the evaluation interval 2020 to 2027. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 8.2% and 10.1% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 9.1% CAGR.
Opponents recognized on this market embrace, amongst others:
- Dalian Metallurgical Bearing Group Co. Ltd.
- IMO Antriebseinheit GmbH & Co. KG
- Liebherr-Worldwide AG
- NSK Ltd.
- NTN Bearing Corp.
- Rollix Defontaine S. A
- Rothe Erde India
- Schaeffler AG
- SKF Group
- Timken Firm
Key Subjects Coated:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- International Competitor Market Shares
- Wind Turbine Bearing Competitor Market Share Situation Worldwide (in %): 2019 & 2025
- Influence of Covid-19 and a Looming International Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Complete Corporations Profiled: 41
For extra details about this report go to https://www.researchandmarkets.com/r/m7aylv
Analysis and Markets additionally gives Custom Research providers offering targeted, complete and tailor-made analysis.
Analysis and Markets
Laura Wooden, Senior Supervisor
For E.S.T Workplace Hours Name +1-917-300-0470
For U.S./CAN Toll Free Name +1-800-526-8630
For GMT Workplace Hours Name +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outdoors U.S.): +353-1-481-1716
SOURCE Analysis and Markets