Wind Turbine Pitch System Market Size Worth USD 1,149.38 Million by 2028, At a CAGR of 4.35 % - Data Bridge Market Research

The global wind turbine pitch system market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.4% in the forecast period of 2021 to 2028 and is expected to reach USD 1,149.38 million by 2028. Rising demand for power supply is boosting the Asia-Pacific wind turbine pitch system market.

The persuasive Wind Turbine Pitch System Market report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters, and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints, and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the reliable Wind Turbine Pitch System report.

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The technology utilized to run and control the angle of the blades in a wind turbine is a pitch system. Electric motors and gears, or hydraulic cylinders and a power supply system, make up the majority of the system. A closed-loop drive system is used to drive the pitch system. The required pitch angle is calculated by the turbine main controller based on a set of factors such as wind speed, generator speed, and power production. It is saved as a fixed point in the pitch system. If the actual angle does not match the setpoint, the system will send power to the electric motor or fluid to the cylinder to cause the actuator to shift the blade to the correct angle. It is the most critical safety subsystem of the wind turbine, at the same time, it is critical for optimizing power production.

Prominent Ventures in the Wind Turbine Pitch System Market:

Siemens Gamesa Renewable Energy, S.A.
PARKER HANNIFIN CORP
Hydratech Industries
ENERCON GmbH
Nidec Industrial Solutions
Siemens
KEBA
Bosch Rexroth AG
Windurance
General Electric
ABB
OAT
RRB ENERGY
Inoxwind
Pioneer Wincon
Fritz Schur Energy A/S
Vestas
DEIF A/S
Mita-Teknik
Eaton
Emerson Electric Co.
Bucher Hydraulics GmbH

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Key Market Segmentations:

On the basis of product type, the global wind turbine pitch system market is segmented into pitch valves, pitch pumps, pitch motors, pitch servo drives, remote terminal solution, and others. Pitch pump is further sub-segmented into electric pitch pump and hydraulic pitch pump. Pitch motors is further sub-segmented by number of generating poles into 4 poles and more than 4 poles. In 2021, pitch pump is expected to dominate the global wind turbine pitch system market as it has high durability, require low maintenance cost and have long pump life which reduce the maintenance cost and encourage more uptime.
On the basis of function, the global wind turbine pitch system market has been segmented into high bearing reliability, vibration control & monitoring, wind angle adjustments, condition monitoring system, and others. In 2021, the wind angle adjustments segment is anticipated to dominate as it use the right fraction of the available wind energy to get the most power output, along with which it ensure the turbine does not exceed its maximum rotational speed.
On the basis of diameter size, the global wind turbine pitch system market has been segmented into less than 80 mts, more than 80 mts. In 2021, more than 80 mts segment is anticipated to dominate the market as the bigger blades can help to cover a wider area which increases the capacity of the turbine, which lead to the increase of its total potential production.
On the basis of turbine power, the global wind turbine pitch system market has been segmented into More Than 3MW, 1MW to 3MW, and Less Than 1MW. In 2021, more than 3MW segment is expected to dominate the global wind turbine pitch system market as it provide high yield and uncompromising reliability that will lower the cost of energy and create more efficient turbines.
On the basis of services, the global wind turbine pitch system market is segmented into field services, engineering services, technical services, measurements & data logging, aftermarket services and others. In 2021, field services segment is expected to dominate the global wind turbine pitch system market it provide on-site repair and maintenance of the turbine.
On the basis of system type, the global wind turbine pitch system market is segmented into electrical pitch system and hydraulic pitch system. Electrical pitch system is further sub segmented into ultracapicators and battery. Hydraulic pitch system is further sub segmented into hydraulic pitch power pack, pitch cylinder, pitch accumulator and hydraulic control panel. In 2021, hydraulic pitch system segment is anticipated to dominate the market as it is simple system due to the low number of components. Also it is highly integrated because most components are assembled and tested integrated in manifolds and the power unit.
On the basis of application, the global wind turbine pitch system market has been segmented into off-shore turbine and on-shore turbine. Off-shore is further sub segmented by capacity into more than 3MW, 1MW to 3 MW and less than 1MW. On-shore turbine is further sub segmented by location into transitional water (30-60m depth), deepwater (more than 60m depth) and shallow water (30m depth). In 2021, off-shore segment is expected to dominate the global wind turbine pitch system market due to the higher power generated and need less maintenance.

Wind Turbine Pitch System Market Regional Analysis/Insights:

The countries covered in the global wind turbine pitch system market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of the Middle East and Africa.   

The pitch pump segment is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 due to the higher demand with the consumer. The U.S. dominates the North American region due to higher demand due to the increase in offshore projects to be commissioned in 2023. Germany dominates the European region due to the top manufacturers presence and research and development activities. China dominates the Asia-Pacific region because of the higher manufacturing and favorable climatic conditions with highest installed capacity.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels is considered while providing forecast analysis of the country data.

Table of Content: Wind Turbine Pitch System Market

Introduction
Market Segmentation
Executive Summary
Premium Insights
Market Overview
Wind Turbine Pitch System Market, By product Type
Wind Turbine Pitch System Market, By function
Wind Turbine Pitch System Market, By diameter size
Wind Turbine Pitch System Market, By turbine power
Wind Turbine Pitch System Market, By services
Wind Turbine Pitch System Market, By system type
Wind Turbine Pitch System Market, By application
Wind Turbine Pitch System Market, Company Landscape
SWOT Analysis
Company Profile
Questionnaire
Related Reports

Wind Turbine Pitch System Market Key Benefits over Global Competitors:

The report provides a qualitative and quantitative analysis of the Wind Turbine Pitch System market trends, forecasts, and market size to determine new opportunities.
Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analysed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Wind Turbine Pitch System industry.

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