Global Wind Turbine Gearbox Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Wind Turbine Gearbox market size was valued at US$ 6625 million in 2024 and is forecast to a readjusted size of USD 9797 million by 2031 with a CAGR of 5.3% during review period.
A wind turbine gearbox is a critical component in a wind turbine that converts the low-speed rotation of the turbine's blades into the high-speed rotation needed to generate electricity.
The wind turbine gearbox market has seen significant growth and evolution over the years, driven by the expanding demand for renewable energy sources and technological advancements in wind turbine designs. The wind turbine gearbox market is closely tied to the growth of the global wind energy sector. As countries transition to renewable energy to combat climate change, wind energy is increasingly seen as a key contributor to achieving energy goals. Wind turbine gearboxes are vital components that enable wind turbines to convert the mechanical energy of wind into electrical power efficiently. Wind power is one of the fastest-growing renewable energy sources. The global installed capacity of wind turbines continues to rise, especially in regions like Europe, Asia-Pacific (particularly China and India), and North America. Gearbox designs are becoming more efficient, compact, and reliable, leading to lower operational costs and increased efficiency. Many governments offer incentives, subsidies, and regulatory support to promote renewable energy, which includes wind power generation. The increasing global focus on reducing carbon emissions and the transition to cleaner energy sources has boosted the demand for wind turbines. New innovations, such as hybrid and direct-drive systems, improve gearbox performance, reliability, and maintenance costs, thus supporting market growth. Europe has a well-established wind energy market, particularly in countries like Germany, Spain, and the UK. The region is also a leader in offshore wind energy, which is increasing the demand for specialized gearboxes. China and India are leading the charge in the Asia-Pacific region. China, in particular, is the world’s largest producer of wind turbines and gearboxes. The region is expected to experience significant growth due to the increasing focus on renewable energy. The U.S. has a growing wind energy market, especially in states like Texas, California, and Iowa. Canada is also expanding its wind energy capacity.
This report is a detailed and comprehensive analysis for global Wind Turbine Gearbox market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wind Turbine Gearbox market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (K USD/MW), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wind Turbine Gearbox
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wind Turbine Gearbox market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Transmission, Flender (Winergy), ZF Friedrichshafen, Delijia Transmission Technology, NFAIC, Chongqing Gearbox, Dalian Heavy Industry, Siemens Gamesa, Eickhoff, CRRC Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wind Turbine Gearbox market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 3MW
3MW-6MW
Above 6MW
Market segment by Application
Offshore
Onshore
Major players covered
China Transmission
Flender (Winergy)
ZF Friedrichshafen
Delijia Transmission Technology
NFAIC
Chongqing Gearbox
Dalian Heavy Industry
Siemens Gamesa
Eickhoff
CRRC Corporation
Chongqing Wangjiang Industrial
Tianjin Teek Transmission
Hangzhou Advance Gearbox Group
Taiyuan Heavy Industry
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wind Turbine Gearbox product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wind Turbine Gearbox, with price, sales quantity, revenue, and global market share of Wind Turbine Gearbox from 2020 to 2025.
Chapter 3, the Wind Turbine Gearbox competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Turbine Gearbox breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Wind Turbine Gearbox market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wind Turbine Gearbox.
Chapter 14 and 15, to describe Wind Turbine Gearbox sales channel, distributors, customers, research findings and conclusion.
A wind turbine gearbox is a critical component in a wind turbine that converts the low-speed rotation of the turbine's blades into the high-speed rotation needed to generate electricity.
The wind turbine gearbox market has seen significant growth and evolution over the years, driven by the expanding demand for renewable energy sources and technological advancements in wind turbine designs. The wind turbine gearbox market is closely tied to the growth of the global wind energy sector. As countries transition to renewable energy to combat climate change, wind energy is increasingly seen as a key contributor to achieving energy goals. Wind turbine gearboxes are vital components that enable wind turbines to convert the mechanical energy of wind into electrical power efficiently. Wind power is one of the fastest-growing renewable energy sources. The global installed capacity of wind turbines continues to rise, especially in regions like Europe, Asia-Pacific (particularly China and India), and North America. Gearbox designs are becoming more efficient, compact, and reliable, leading to lower operational costs and increased efficiency. Many governments offer incentives, subsidies, and regulatory support to promote renewable energy, which includes wind power generation. The increasing global focus on reducing carbon emissions and the transition to cleaner energy sources has boosted the demand for wind turbines. New innovations, such as hybrid and direct-drive systems, improve gearbox performance, reliability, and maintenance costs, thus supporting market growth. Europe has a well-established wind energy market, particularly in countries like Germany, Spain, and the UK. The region is also a leader in offshore wind energy, which is increasing the demand for specialized gearboxes. China and India are leading the charge in the Asia-Pacific region. China, in particular, is the world’s largest producer of wind turbines and gearboxes. The region is expected to experience significant growth due to the increasing focus on renewable energy. The U.S. has a growing wind energy market, especially in states like Texas, California, and Iowa. Canada is also expanding its wind energy capacity.
This report is a detailed and comprehensive analysis for global Wind Turbine Gearbox market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wind Turbine Gearbox market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (K USD/MW), 2020-2031
Global Wind Turbine Gearbox market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (K USD/MW), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wind Turbine Gearbox
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wind Turbine Gearbox market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Transmission, Flender (Winergy), ZF Friedrichshafen, Delijia Transmission Technology, NFAIC, Chongqing Gearbox, Dalian Heavy Industry, Siemens Gamesa, Eickhoff, CRRC Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wind Turbine Gearbox market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 3MW
3MW-6MW
Above 6MW
Market segment by Application
Offshore
Onshore
Major players covered
China Transmission
Flender (Winergy)
ZF Friedrichshafen
Delijia Transmission Technology
NFAIC
Chongqing Gearbox
Dalian Heavy Industry
Siemens Gamesa
Eickhoff
CRRC Corporation
Chongqing Wangjiang Industrial
Tianjin Teek Transmission
Hangzhou Advance Gearbox Group
Taiyuan Heavy Industry
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wind Turbine Gearbox product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wind Turbine Gearbox, with price, sales quantity, revenue, and global market share of Wind Turbine Gearbox from 2020 to 2025.
Chapter 3, the Wind Turbine Gearbox competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Turbine Gearbox breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Wind Turbine Gearbox market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wind Turbine Gearbox.
Chapter 14 and 15, to describe Wind Turbine Gearbox sales channel, distributors, customers, research findings and conclusion.
Table of Contents
106 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Wind Turbine Gearbox by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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