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Global Wind Automation Market 2016-2020

About Wind Automation

The use of geared motors and drives, PLC, SCADA, and DCS has increased the efficiency of wind power electricity generation. The geared motor and drive component of a windmill controls the rotational speed and directions of the turbine. PLC, SCADA, and DCS solutions help in monitoring and controlling of the turbines. The solutions are also used to store, transmit, and distribute electricity generated through turbines and transferred to substations through electricity grids.

Technavio’s analysts forecast the global wind automation market to grow at a CAGR of 7.98% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global wind automation market for 2016-2020. To calculate the market size, the report considers revenue generated from the automation solutions.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Wind Automation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Emerson Electric
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Bachmann electronic
  • Bonfiglioli
  • General Electric
  • Honeywell
  • Mitsubishi
  • Omron
  • Regal Beloit
  • Rockwell Automation
  • Vestas Wind Systems
  • Yokogawa Electric
Market driver
  • High investment in renewable energy projects
  • For a full, detailed list, view our report
Market challenge
  • High electricity production through conventional power source
  • For a full, detailed list, view our report
Market trend
  • Steep growth in offshore wind market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Wind Automation Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Wind Automation Market: ABB, Emerson Electric, Schneider Electric and Siemens.

Other Prominent Vendors in the market are: Bachmann electronic, Bonfiglioli, General Electric, Honeywell, Mitsubishi, Omron, Regal Beloit, Rockwell Automation, Vestas Wind Systems and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “A driver contributing to market growth is the high return on investment (ROI). Although construction and installation costs are high, vendors are investing in offshore wind power as ROI in offshore wind power is as high as 18%, which gives certainty to investors. High rates of ROI are further boosted by the incentives and other tax benefits provided by governments to promote and support offshore wind power generation.”

According to the report, rising demand for renewable energy has attracted heavy investments in solar, hydro, and wind power since 2010. A majority of the investments may be used as a capital fund to construct wind power plants. Capital investments include costs incurred in project development, government permissions, turbines, installation, commissioning, and other operational costs.

Further, the report states that many countries across the globe prefer coal, gas, and hydro as source for power generation compared to wind. The conventional power generation involves less capital expenditure compared to wind power generation. Hence, restricts the market growth.

Companies Mentioned

ABB, Emerson Electric, Schneider Electric, Siemens, Bachmann electronic, Bonfiglioli, General Electric, Honeywell, Mitsubishi, Omron, Regal Beloit, Rockwell Automation, Vestas Wind Systems, Yokogawa Electric.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global wind automation market scope
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global wind automation market adoption rate forecast (2016-2020)
    • Global wind power market
      • Table Global annual wind power capacity 2015-2020 (GW)
      • Table Global wind power market: Annual installation by geography 2015
  • Wind farm value chain
    • Table Wind farm value chain
    • Table Wind farm value chain: Cost break-up
    • Table Wind to power: Cost break-up
  • Wind automation industry life cycle
    • Table Wind automation industry lifecycle analysis
    • Current scenario
      • Table Profit margin of process automation and industry divisions of ABB and Siemens
    • Future scenario
      • Table Wind automation industry 2020
  • Global wind automation market
    • Market size and forecast
      • Table Global wind automation market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by products
    • Global wind automation market: Geared motors and drives
      • Table Global wind automation market: Geared motors and drives 2015-2020 ($ billions)
    • Global wind automation market: DCS
      • Table Global wind automation market: DCS 2015-2020 ($ millions)
    • Global wind automation market: SCADA
      • Table SCADA in wind power plant
      • Table Global wind automation market: SCADA 2015-2020 ($ millions)
      • Table Other project specific needs that drive the demand for advanced SCADA
    • Global wind automation market: PLC
      • Table Global wind automation market: PLC 2015-2020 ($ millions)
  • Market segmentation by geography
    • Table Global wind automation market by geographical segmentation 2015
    • Table Global wind automation market by geographical segmentation 2020
    • Table Wind automation market in APAC 2015-2020 ($ billions)
    • Table Province-wise list of large wind farms in China
    • Wind automation market in EMEA
      • Table Wind automation market in EMEA 2015-2020 ($ millions)
    • Wind automation market in the Americas
      • Table Wind automation market in the Americas 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Electricity production by energy source 2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Technology research investment for renewable energy worldwide
  • Vendor landscape
    • Competition overview
      • Table Major vendors' wind automation solution divisions
      • Table Division-wise capital expenditure of ABB in 2014
      • Table The division-wise revenue of ABB in 2014
    • Company financials
      • Table Wind automation solutions' reporting segments revenue 2010-2014 ($ billions): Company-wise
      • Table Overall organizational level financials 2014
    • Company business focus
    • Other prominent vendors
      • Table Other prominent vendors
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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