Direct Drive Wind Turbine Market Solid Analyzed Segmentation, Demand, Recent Share Estimation and Growth Prospects by Regions to 2024

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Increment popular for vitality, particularly sustainable power source, over the globe is one of the main considerations driving the direct drive wind turbine market. Direct drive wind turbines are reasonable options for seaward wind cultivates because of high dependability and lower support costs. Moreover, seaward winds homesteads dispense with a few extreme issues brought about by windmills, for example, clamor contamination and biological system harm. The general load of direct drive wind turbines is generously low when contrasted with that of its equipped partners. Gearless wind turbines are additionally perceptibly productive. This further decreases working expenses and builds the vitality yield. Be that as it may, the expense of setting up direct drive wind turbines is generally high because of the considerable use of uncommon neodymium magnets, innovation expenses, and huge size of generators. The normal vitality yield per unit cost of direct drive wind turbines is additionally low. Be that as it may, the expense of assembling and setting up direct drive wind turbines is foreseen to decrease soon, driven by the ascent popular for these turbines and economies of scale.

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Key players operating in the global direct drive wind turbine market are Siemens, General Electric, ENERCON GmbH, Argosy Wind Power Ltd, and Goldwind Science & Technology Co., Ltd.

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Direct drive wind turbines, also known as gearless wind turbines, are wind turbines without a gearbox. The rotor shaft is directly connected to a synchronous or permanent magnet generator for power generation. Direct drive wind turbines usually use either permanent-magnet excited direct drive generator system or electrically excited direct drive synchronous generator system depending upon cost, location, and other constraints. Direct drive wind turbines are better alternatives for offshore applications, as they require less preventive and break down maintenance vis-à-vis geared wind turbines. Furthermore, most direct drive wind turbines are contactless and contain fewer parts. Operation and maintenance is also more expensive for offshore farms as compared to their onshore counterparts. This ultimately increases the overall reliability of turbines and wind farms.

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Based on application, the direct drive wind turbine market can be segmented into onshore direct drive wind turbine and offshore direct drive wind turbine. The offshore application exhibits significant growth opportunities due to the various advantages offered by direct drive wind turbines compared to geared wind turbines. Based on the capacity of turbine, the direct drive wind turbine market can be classified into less than 1 MW, 1 to 4 MW, and 4 MW and above segments. In terms of generator, the market can be segregated into permanent-magnet excited direct drive generator system and electrically excited direct drive synchronous generator system. Both these technologies carry certain advantages; however, electrically excited direct drive synchronous generator systems are relatively expensive.

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