"Actionable Insights to Fuel Your Growth"

Yaw System Market Size, Share & Industry Analysis, By Type (Active Yaw Systems, Passive Yaw Systems), By Application (Wind Energy, Water Conservancy Project, Other) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105744 | Status : Ongoing

 

KEY MARKET INSIGHTS

The yaw system is the component used in wind turbines to direct the wind turbine rotor toward the wind. This system plays a major role in rotating the nacelle of the wind turbine around the tower axis. The positioning and optimal orientation of the nacelle of a windmill plant are to generate the maximum amount of energy from wind. The core functions of the yaw system include wind wheel protection and automatic untwisting of a turbine wheel. The system is consists of a yaw bearing, yaw brakes, and multiple yaw drives.


Based on the type, the market is segmented into active yaw systems and passive yaw systems. Among these, the active yaw system is majorly used due to its prominent importance in improving power generation that further extends the service life of turbines. The active yaw systems are equipped with a torque-producing device that can rotate the wind turbine's nacelle against the stationary tower. The various components used in active yaw systems include a means of rotatable connection, a means of active variation, a means of restricting the rotation, and a control system to process the signal. However, the passive yaw systems use wind force to adjust the orientation of the wind turbine rotor into the wind.

Based on the application, the market is segmented into wind energy, water conservancy project, and others. Wind energy dominates the market and is expected to grow during the forecast period. According to IRENA, Wind expansion has almost doubled to 111GW in 2020 compared to 58GW in 2019. China contributed about 72 GW of new capacity, followed by the U.S. which contributed 14 GW. The water conservancy project involves the preservation, control, and development of water resources.

The major market driver for the yaw system market is the rise in awareness about the usage of renewable energy. In addition, increased government initiatives to explore wind energy sources and an increase in demand for power consumption are also driving the global yaw system market forward. Further, an increase in demand for wind energy is expected to propel the market forward.

The factor that is expected to inhibit the growth of the market is the high cost of installation associated with the system. Heavy investment in the manufacturing of the system is limiting the growth of the market.

Up Arrow

Key Market Driver -

Growing investment in wind energy

Down Arrow

Key Market Restraint -

High cost of installation and heavy investment


Key Players Covered:


Some of the major companies that are present in the yaw system market are Siemens, Svendborg Brakes, Seaglet Co., Ltd, Hydratech Industries, Kor-Pak Corporation, Eaton, SIBRE Siegerland Bremsen GmbH, ZOLLERN GmbH & Co. KG, Grede Holding LLC, Bonfiglioli, ANTEC, NGC Group, Inc., and Altra Industrial Motion.

Regional Analysis:


The yaw system market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is expected to dominate the market, owing to its high requirement of wind power capacity and increase in urbanization & industrialization in countries such as China and India. China contributes to the largest share in the market due to the number of water conservancy projects in the region. The Altash Water Conservancy Project is the largest water conservancy project in China located in Xinjiang. The purpose of the project is to control the flood and generate power in the region. India is among the emerging markets for the yaw system market. MGNREGA is one of the main forces that is driving water conservation efforts across rural India. 

The North American market is expected to contribute notably to the global market. In North America, the U.S. is expected to drive the market owing to the presence of major wind turbine manufacturers such as GE and Vestas in the region.  Europe is another major market for the yaw system market. In Europe, Siemens Gamesa Renewable Energy is the leading offshore wind turbine manufacturer. In 2020, the Spanish-based company is operating about 3,674 turbines which generate 16.9 gigawatts of electricity.

To gain extensive insights into the market, Request for Customization


Segmentation






















  ATTRIBUTE

  DETAILS

By Type



  • Active Yaw Systems

  • Passive Yaw Systems



By Application



  • Wind Energy

  • Water Conservancy Project

  • Other



By Geography



  • North America (the U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



Key Industry Developments



  • In May 2021, TransAlta Corporation announced that it has entered into a long-term Power Purchase Agreement with Pembina Pipeline Corporation for the offtake of 100 MW from its proposed 130 MW Garden Plain Wind Power Project, to be located in Alberta.  Under this agreement, Pembina will receive both renewable electricity and environmental attributes for an 18-year term. 

  • In January 2021, Kongsberg Maritime has declared that it will be supplying key positioning and monitoring equipment to Equinor’s Hywind Tampen floating wind farm, as part of a contract with Wood PLC.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Fujifilm
Schlumberger
Itochu
The Japan Research
Caterpillar

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X