South America 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: TIPRE00029287 | Pages: 113 | Industry: Electronics and Semiconductor | Date: May 2022
Covid

The wind turbine condition monitoring market in South America is expected to grow from US$ 16.48 million in 2021 to US$ 20.96 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.

 

The need to reduce greenhouse gas emissions and boost the amount of renewable energy in the whole energy mix prompted the development of offshore wind farms. Due to the need to reduce carbon emissions, the depletion of fossil fuels, climate change, and so on, there has been a considerable movement toward renewable and green energy in the energy sector. The renewable energy demand will continue to climb because of dropping technology costs, a growing need to reduce CO2 emissions, and rising energy consumption in developing and underdeveloped countries.  The growing emphasis on renewable energy is driving the demand for wind turbine conditioning monitoring systems significantly across the region.

 

South America Wind Turbine Condition Monitoring Market Revenue and Forecast to 2028 (US$ Million)

South America Wind Turbine Condition Monitoring Market Revenue and Forecast to 2028 (US$ Million)

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South America Wind Turbine Condition Monitoring Market Segmentation      

 

The South America 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 South America 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 Brazil, Argentina, and the rest of South America. Brazil 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 South America wind turbine condition monitoring market.

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        SAM Wind Turbine Condition Monitoring Market – By Component

1.3.2        SAM Wind Turbine Condition Monitoring Market – By Application

1.3.3        SAM 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.           SAM Wind Turbine Condition Monitoring Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        SAM

4.3         Ecosystem Analysis

4.4         Expert Opinion

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

5.1         Market Drivers

5.1.1        Increasing Dependence on Renewable Energy Sources

5.1.2        Rising 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 – SAM Analysis

6.1         SAM Wind Turbine Condition Monitoring Market Overview

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

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

7.1         Overview

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

7.3         Hardware

7.3.1        Overview

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

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

8.1         Overview

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

8.3         Rotor

8.3.1        Overview

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

8.4         Tower

8.4.1        Overview

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

8.5         Gearbox

8.5.1        Overview

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

8.6         Generator

8.6.1        Overview

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

8.7         Others

8.7.1        Overview

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

9.           SAM Wind Turbine Condition Monitoring Market – Country Analysis

9.1         Overview

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

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

9.1.1.1.1          Brazil: Wind Turbine Condition Monitoring Market- by Component

9.1.1.1.2          Brazil: Wind Turbine Condition Monitoring Market- by Application

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

9.1.1.2.1          Argentina: Wind Turbine Condition Monitoring Market- by Component

9.1.1.2.2          Argentina: Wind Turbine Condition Monitoring Market- by Application

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

9.1.1.3.1          Rest of SAM: Wind Turbine Condition Monitoring Market- by Component

9.1.1.3.2          Rest of SAM: 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.com

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

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

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

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

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

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

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

Table 8.             Rest of SAM: Wind Turbine Condition Monitoring Market- by Application –Revenue and Forecast to 2028 (US$ Million)

Table 9.             List of Abbreviation


LIST OF FIGURES

Figure 1.           SAM Wind Turbine Condition Monitoring Market Segmentation

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

Figure 3.           SAM Wind Turbine Condition Monitoring Market Overview

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

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

Figure 6.           Brazil to Show Great Traction During Forecast Period

Figure 7.           SAM: PEST Analysis

Figure 8.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 24.        Rest of SAM: 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
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