Middle East and Africa Wind Turbine Condition Monitoring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, and Software and Services) and Application (Rotor, Tower, Gearbox, Generator, and Others)

Code: TIPRE00029285 | Pages: 117 | Industry: Electronics and Semiconductor | Date: May 2022
Covid

The wind turbine condition monitoring market in Middle East & Africa is expected to grow from US$ 7.30 million in 2021 to US$ 10.17 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028.

 

Longer blades and taller towers, two of the most critical aspects in increasing wind turbine productivity, are driving much of the next-generation research and development effort to create a more powerful, efficient, durable, and cost-effective turbine. Other significant advancements include the creation of intelligent turbines that gather and understand real-time data and the modeling and adjustment of wind plant flows and turbine layouts to optimize wind harvest. The Wind Energy Technologies Office (WETO) collaborates with the industry to improve the performance and dependability of next-generation wind technologies while lowering wind energy costs. The traditional blade design method necessitates the development of a plug, or a full-scale model of the finished blade, which is then utilized to create the mold. The plug is one of the most time-consuming and labor-intensive operations in manufacturing wind turbine blades. Thus, 3D printing saves these valuable resources. Wind industry technology must continue to progress to secure future industry growth, building on previous triumphs to improve dependability, boost capacity factors, and lower costs. Modern wind turbines are becoming more cost-effective and stable, and their power ratings have increased to multi-megawatt levels.  For instance, The Dakota Range 1 & 2 wind farm in Watertown, South Dakota, will have the largest turbines of Xcel Energy's wind projects, and even bigger turbines are planned for southern Minnesota. The Plum Creek project, which is yet to be built, will include turbines that are 655 feet tall when fully extended, nearly 160 feet taller than Xcel's new South Dakota project, and roughly the height of a 60-story structure. Wind energy is captured more efficiently with larger blades. Larger turbines use less total area as fewer turbines are required to produce the same quantity of energy. Furthermore, larger turbines may generate more power at lower wind speeds, allowing some previously unprofitable projects to become viable. All the factors mentioned above are expected to propel the growth of the wind turbine condition monitoring market over the forecast period.

 

Middle East & Africa Wind Turbine Condition Monitoring Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Wind Turbine Condition Monitoring Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :


Middle East & Africa Wind Turbine Condition Monitoring Market Segmentation        

 

The Middle East & Africa wind turbine condition monitoring market is segmented on the basis of component, application, and country. Based on component, the market is segmented into hardware, and software and services. In 2020, the hardware segment held a larger market share. Based on application, the Middle East & Africa wind turbine condition monitoring market is segmented into rotor, tower, gearbox, generator, and others. In 2020, the gearbox segment held the largest market share. Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the rest of Middle East & Africa. South Africa contributed a substantial share in 2020. 

 

Advantech Co. Ltd.; Baker Hughes Company; ENERCON GmbH; General Electric Company; Goldwind; Nordex SE; Siemens Gamesa Renewable Energy, S.A; TÜV RHEINLAND; and Vestas Wind Systems A/S are among the leading companies in the Middle East & Africa wind turbine condition monitoring market.

 
  1. 1.           Introduction

    1.1         Study Scope

    1.2         The Insight Partners Research Report Guidance

    1.3         Market Segmentation

    1.3.1        MEA Wind Turbine Condition Monitoring Market – By Component

    1.3.2        MEA Wind Turbine Condition Monitoring Market – By Application

    1.3.3        MEA Wind Turbine Condition Monitoring Market- By Country

    2.           Key Takeaways

    3.        Research Methodology

    3.1         Coverage

    3.2         Secondary Research

    3.3         Primary Research

    4.           MEA Wind Turbine Condition Monitoring Market Landscape

    4.1         Market Overview

    4.2         PEST Analysis

    4.2.1        MEA

    4.3         Ecosystem Analysis

    4.4         Expert Opinion

    5.           MEA Wind Turbine Condition Monitoring Market – Key Market Dynamics

    5.1         Market Drivers

    5.1.1        Surge in Dependence on Renewable Energy Sources

    5.1.2        Increasing Deployment of Offshore Wind Farms

    5.2         Market Restraints

    5.2.1        High Installation Cost of Wind Turbines and High Cost of Condition Monitoring Systems

    5.3         Market Opportunities

    5.3.1        Growing Demand for Wind Energy in Developing Countries

    5.4         Future Trends

    5.4.1        Technological Advancement in Wind Turbine Manufacturing and Monitoring

    5.5         Impact Analysis of Drivers and Restraints

    6.           Wind Turbine Condition Monitoring Market – MEA Analysis

    6.1         MEA Wind Turbine Condition Monitoring Market Overview

    6.2         MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    7.           MEA Wind Turbine Condition Monitoring Market Analysis – By Component

    7.1         Overview

    7.2         MEA Wind Turbine Condition Monitoring Market, By Component (2020 and 2028)

    7.3         Hardware

    7.3.1        Overview

    7.3.2        Hardware: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    7.4         Software and Services

    7.4.1        Overview

    7.4.2        Software and Services: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    8.           MEA Wind Turbine Condition Monitoring Market Analysis – By Application

    8.1         Overview

    8.2         MEA Wind Turbine Condition Monitoring Market, By Application (2020 and 2028)

    8.3         Rotor

    8.3.1        Overview

    8.3.2        Rotor: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    8.4         Tower

    8.4.1        Overview

    8.4.2        Tower: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    8.5         Gearbox

    8.5.1        Overview

    8.5.2        Gearbox: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    8.6         Generator

    8.6.1        Overview

    8.6.2        Generator: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    8.7         Others

    8.7.1        Overview

    8.7.2        Others: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    9.           MEA Wind Turbine Condition Monitoring Market – Country Analysis

    9.1         Overview

    9.1.1        MEA: Wind Turbine Condition Monitoring Market- by Key Country

    9.1.1.1          South Africa: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    9.1.1.1.1          South Africa: Wind Turbine Condition Monitoring Market- by Component

    9.1.1.1.2          South Africa: Wind Turbine Condition Monitoring Market- by Application

    9.1.1.2          Saudi Arabia: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    9.1.1.2.1          Saudi Arabia: Wind Turbine Condition Monitoring Market- by Component

    9.1.1.2.2          Saudi Arabia: Wind Turbine Condition Monitoring Market- by Application

    9.1.1.3          UAE: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    9.1.1.3.1          UAE: Wind Turbine Condition Monitoring Market- by Component

    9.1.1.3.2          UAE: Wind Turbine Foundation Market- by Application

    9.1.1.4          Rest of MEA: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    9.1.1.4.1          Rest of MEA: Wind Turbine Condition Monitoring Market- by Component

    9.1.1.4.2          Rest of MEA: Wind Turbine Condition Monitoring Market- by Application

    10.        Industry Landscape

    10.1      Overview

    10.2      Market Initiative

    10.3      New Product Development

    10.4      Merger and Acquisition

    11.        Company Profiles

    11.1      Advantech Co. Ltd.

    11.1.1     Key Facts

    11.1.2     Business Description

    11.1.3     Products and Services

    11.1.4     Financial Overview

    11.1.5     SWOT Analysis

    11.1.6     Key Developments

    11.2      Baker Hughes Company

    11.2.1     Key Facts

    11.2.2     Business Description

    11.2.3     Products and Services

    11.2.4     Financial Overview

    11.2.5     SWOT Analysis

    11.2.6     Key Developments

    11.3      ENERCON GmbH

    11.3.1     Key Facts

    11.3.2     Business Description

    11.3.3     Products and Services

    11.3.4     Financial Overview

    11.3.5     SWOT Analysis

    11.3.6     Key Developments

    11.4      Goldwind

    11.4.1     Key Facts

    11.4.2     Business Description

    11.4.3     Products and Services

    11.4.4     Financial Overview

    11.4.5     SWOT Analysis

    11.4.6     Key Developments

    11.5      General Electric Company

    11.5.1     Key Facts

    11.5.2     Business Description

    11.5.3     Products and Services

    11.5.4     Financial Overview

    11.5.5     SWOT Analysis

    11.5.6     Key Developments

    11.6      Nordex SE

    11.6.1     Key Facts

    11.6.2     Business Description

    11.6.3     Products and Services

    11.6.4     Financial Overview

    11.6.5     SWOT Analysis

    11.6.6     Key Developments

    11.7      Siemens Gamesa Renewable Energy, S.A.

    11.7.1     Key Facts

    11.7.2     Business Description

    11.7.3     Products and Services

    11.7.4     Financial Overview

    11.7.5     SWOT Analysis

    11.7.6     Key Developments

    11.8      TÜV RHEINLAND

    11.8.1     Key Facts

    11.8.2     Business Description

    11.8.3     Products and Services

    11.8.4     Financial Overview

    11.8.5     SWOT Analysis

    11.8.6     Key Developments

    11.9      Vestas Wind Systems A/S

    11.9.1     Key Facts

    11.9.2     Business Description

    11.9.3     Products and Services

    11.9.4     Financial Overview

    11.9.5     SWOT Analysis

    11.9.6     Key Developments

    12.        Appendix

    12.1      About The Insight Partners

    12.2      Word Index

    LIST OF TABLES

    Table 1.             MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Table 2.             MEA: Wind Turbine Condition Monitoring Market- by Key Country – Revenue and Forecast to 2028 (US$ Million)

    Table 3.             South Africa: Wind Turbine Condition Monitoring Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 4.             South Africa: Wind Turbine Condition Monitoring Market- by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 5.             Saudi Arabia: Wind Turbine Condition Monitoring Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 6.             Saudi Arabia: Wind Turbine Condition Monitoring Market- by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 7.             UAE: Wind Turbine Condition Monitoring Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 8.             UAE: Wind Turbine Foundation Market- by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 9.             Rest of MEA: Wind Turbine Condition Monitoring Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 10.          Rest of MEA: Wind Turbine Condition Monitoring Market- by Application –Revenue and Forecast to 2028 (US$ Million)

    Table 11.          List of Abbreviation


    LIST OF FIGURES

    Figure 1.           MEA Wind Turbine Condition Monitoring Market Segmentation

    Figure 2.           MEA Wind Turbine Condition Monitoring Market Segmentation – By Country

    Figure 3.           MEA Wind Turbine Condition Monitoring Market Overview

    Figure 4.           Hardware Component Segment held the Largest Share of MEA Wind Turbine Condition Monitoring Market

    Figure 5.           Gearbox Application Segment held the Largest Share of MEA Wind Turbine Condition Monitoring Market

    Figure 6.           South Africa to Show Great Traction During Forecast Period

    Figure 7.           MEA: PEST Analysis

    Figure 8.           Expert Opinion

    Figure 9.           MEA Wind Turbine Condition Monitoring Market: Impact Analysis of Drivers and Restraints

    Figure 10.        MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 11.        MEA Wind Turbine Condition Monitoring Market Revenue Share, by Component (2020 and 2028)

    Figure 12.        Hardware: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 13.        Software and Services: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 14.        MEA Wind Turbine Condition Monitoring Market Revenue Share, by Application (2020 and 2028)

    Figure 15.        Rotor: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 16.        Tower: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 17.        Gearbox: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 18.        Generator: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 19.        Others: MEA Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 20.        MEA: Wind Turbine Condition Monitoring Market, by key Country – Revenue (2020) (US$ Million)

    Figure 21.        MEA: Wind Turbine Condition Monitoring Market Revenue Share, By Key Country (2020 and 2028)

    Figure 22.        South Africa: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 23.        Saudi Arabia: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 24.        UAE: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 25.        Rest of MEA: Wind Turbine Condition Monitoring Market – Revenue and Forecast to 2028 (US$ Million)

     

  1. Advantech Co. Ltd.
  2. Baker Hughes Company
  3. ENERCON GmbH
  4. General Electric Company
  5. Goldwind
  6. Nordex SE
  7. Siemens Gamesa Renewable Energy, S.A
  8. TÜV RHEINLAND
  9. Vestas Wind Systems A/S
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags Middle East and Africa Wind Turbine Condition Monitoring Market Middle East and Africa Wind Turbine Condition Monitoring Market Research Middle East and Africa Wind Turbine Condition Monitoring Market Insight Middle East and Africa Wind Turbine Condition Monitoring Market Trends Middle East and Africa Wind Turbine Condition Monitoring Market Forecast Middle East and Africa Wind Turbine Condition Monitoring Market Share Middle East and Africa Wind Turbine Condition Monitoring Market 2028 Middle East and Africa Wind Turbine Condition Monitoring Market Growth Middle East and Africa Wind Turbine Condition Monitoring Industry Sector Middle East and Africa Wind Turbine Condition Monitoring PDF Report Middle East and Africa Wind Turbine Condition Monitoring Analysis Middle East and Africa Wind Turbine Condition Monitoring Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000