Wind Turbine Gear Oil Market 2016 Size, Trends, Growth, Analysis and Forecasts
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.
Publisher’s analysts forecast the global wind turbine gear oil market to grow at a CAGR of 13.1% during the period 2016-2020.
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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
Publisher’s report, Global Wind Turbine Gear Oil 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
- Amsoil
- Castrol
- Evonik Industries
- Exxon Mobil
- Shell
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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
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