Direct Drive Wind Turbine Market with Current Trends Analysis,2015-20 FMI | Page 4

Report
Description
Report Description
Wind turbine manufacturers have been finding out ways to make direct drive wind
turbines competitive with gearbox-operated wind turbines. Direct drive wind turbines is
gaining significance due to its design, which is less complex than the gearbox technology,
leading to easier operations and maintenance. This appeal has made direct drive
especially favorable for use in offshore applications.
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Direct Drive Wind Turbine Market: Drivers & Restraints
Depleting fossil fuel reserves, growing environmental sensitivity, declining cost of wind
power generation and financial support from various governments across the globe, and
growing concern for energy conservation are the key factors driving the growth of direct
drive wind turbine market.
Wind farms are capital-intensive projects which require substantial investments. These
projects can only be financed by large utilities and investment groups. Shortage of skilled
labor and initial cost of installation constrains the growth of direct drive wind turbine
market.

Direct Drive Wind Turbine Market: Segmentation
The global direct drive wind turbine market is broadly classified on the basis of
generator’s mode of operation, wind turbine capacity and geographies.