Market Reports Center One Stop Market Reaserch Shop Global Wind Turbine Gear Oil Market Size, Share, Costs and Price, Global Insights, Trends, Growth, Analysis and Forecasts, 2016-2020 Summary Technavio Announces the Publication of its Research Report – Global Wind Turbine Gear Oil Market 2016-2020 Technavio recognizes the following companies as the key players in the global wind turbine gear oil market: Amsoil, Castrol, Evonik Industries, Exxon Mobil, and Shell. Other Prominent Vendors in the market are: Afton Chemical, Chevron, Fuchs, Kluber, Lubrita, Neste, and Quaker Chemical. Commenting on the report, an analyst from Technavio’ s team said: “A trend boosting market growth is the digitization in gear boxes. Gearbox failure accounts for a high percentage of wind turbine failures. The cost of replacing a gearbox for a 5-MW wind turbine is approximately $628,000. The one component within gearbox whose performance can be improved is gear oil. Wind turbine manufacturers are paying attention to preventive and proactive maintenance rather than reactive maintenance. Gearboxes are installed with filters, probes, and sensors to monitor the properties of gear oil, such as viscosity, temperature, thickness, and contamination among others. Condition monitoring programs are specially applied for offshore turbines, as the cost of reactive maintenance is high.” ” Browse Detail Report With TOC @ https://marketreportscenter.com/reports/316934/global-wind-turbine-gear-oil-market-2016-2020 According to the report, a key growth driver is the increased number of global wind energy installations. Global energy consumption has been increasing with industrialization and development in various Market Reports Center One Stop Market Reaserch Shop countries. From 8.59 trillion kWh in 2000, global electricity consumption rose to 14.80 trillion kWh in 2013, growing at a CAGR of 4.2%. This demand was mostly compensated using coal-based power generation. However, the issue of greenhouse gas emissions, associated with the use of fossil fuels, has forced countries to explore alternate, renewable energy options to produce power. Also, many countries depend on the import of fossil fuels for power production, thereby leading to dependence upon multiple nations for energy security. Further, the report states that one challenge that is hampering market growth is competition from fossil fuels. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. About the Wind Turbine Gear Oil Market Wind power refers to the conversion of the kinetic energy of wind into electrical energy, which can be used by grids for distribution to end-users. Although known to users since prehistoric times, the use of wind energy as a mainstream power supply has been limited. Wind energy accounted for 0.21% of the global electricity net generation in 2000. In 2010, wind energy accounted for 341.6 billion kWh out of the global electricity net generation of 20,437 billion kWh. Technavio’ s analysts forecast the global wind turbine gear oil market to grow at a CAGR of 13.1% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global wind turbine gear oil market for 2016-2020. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Wind Turbine Gear Oil Market 2016-2020, has been prepared based on an indepth 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 • Amsoil • Castrol • Evonik Industries Market Reports Center One Stop Market Reaserch Shop • Exxon Mobil • Shell Other prominent vendors • Afton Chemical • Chevron • Fuchs • Kluber • Lubrita • Neste • Quaker Chemical Market driver • Increased number of global wind energy installations • For a full, detailed list, view our report Market challenge • Competition from fossil fuels • For a full, detailed list, view our report Market trend • Digitization in gearboxes • 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? You can request one free hour of our analyst’ s time when you purchase this market report. Details are provided within the report. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/316934 Table of Content PART 01: Executive summary • Highlights PART 02: Scope of the report Market Reports Center One Stop Market Reaserch Shop • Market overview • Key assumptions • Top-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Value chain analysis PART 06: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 07: Market segmentation by type • Global wind turbine gear oil market by type 2015 • Global wind turbine gear oil market by type 2020 • Global wind turbine gear oil market by type 2015-2020 • Global wind turbine gear oil market by service fill 2015-2020 • Global wind turbine gear oil market by factory fill 2015-2020 PART 08: Market segmentation by application • Global wind turbine gear oil market by application 2015 • Global wind turbine gear oil market by application 2020 • Global wind turbine gear oil market by application 2015-2020 • Global wind turbine gear oil market by onshore application 2015-2020 • Global wind turbine gear oil market by offshore application 2015-2020 PART 09: Market segmentation by formulation • Global wind turbine gear oil market by formulation 2015 • Global wind turbine gear oil market by formulation 2020 • Global wind turbine gear oil market by formulation 2015-2020 • Mineral-based wind turbine gear oil market 2015-2020 • Synthetic wind turbine gear oil market 2015-2020 PART 10: Geographical segmentation To Get Discount On The Report @ https://marketreportscenter.com/request-discount/316944 About Us: Market Reports Centeris an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable. Market Reports Center One Stop Market Reaserch Shop Market Reports Center currently has more than 1,20,000 plus titles and 30+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies. Contact Information: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected] https://marketreportscenter.com
Technavio Announces the Publication of its Research Report Global Wind Turbine Gear Oil Market 2016-2020
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