Global Wind Turbine Bearing Market is projected to Grow at a Remarkable rate of above 12.61% during 2016-2020

Global Wind Turbine Bearing Market 2016-2020 Size and Share Published in 2016-09-26 Available for US$ 2500 at


About Bearings

Bearings are machine elements used to reduce energy loss caused by friction in the rotary parts of a broad range of equipment and machinery. There are several types of bearings such as ball bearings, roller bearings, plain bearings, and others. Technological advances and the growing need to address energy efficiency in a range of applications are leading to a continuous improvement in bearing designs. Therefore, the prospects for market growth of bearings are closely linked to the growth in production of high-performance industrial equipment and machinery.

Technavios analysts forecast the global wind turbine bearing market to grow at a CAGR of 12.61% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global wind turbine bearing market for 2016-2020. To calculate the market size, the report considers the average price of bearings.

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




Technavio’s report, Global Wind Turbine Bearing 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

Dalian Metallurgical Bearing





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Other prominent vendors




NTN Bearing


Rothe Erde


Market driver

Rise in offshore installations

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Market challenge

R&D in direct-drive generators for wind turbines will impact gearing demand

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Market trend

Growing environmental concerns

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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?

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Table of Content

PART 01: Executive summary


PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market size and forecast

Five forces analysis

PART 06: Market drivers

Decline in LCOE of wind power generation

Increase in rotor diameter

Rise in offshore installations

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