Global Wind Turbine Condition Monitoring System Market Research Report 2024

Publication ID:

PB512246336

Publication Date:

December 9, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Electricity [2]

Energy & Utilities [3]

Description:

The global market for Wind Turbine Condition Monitoring System was valued at US$ 130 million in the year 2023 and is projected to reach a revised size of US$ 229 million by 2030, growing at a CAGR of 8.4% during the forecast period.
A wind turbine condition monitoring system (CMS) is a specialized solution designed to track the health and performance of wind turbines, ensuring optimal operation and reducing downtime. By utilizing sensors and advanced diagnostic tools, the CMS continuously monitors key components such as blades, gearbox, generator, and bearings, detecting issues like vibrations, temperature fluctuations, and structural anomalies. Data collected is analyzed in real-time, often integrated with machine learning or predictive algorithms, to identify potential failures before they occur. This proactive approach minimizes maintenance costs, extends turbine lifespan, and enhances energy output, making CMS a critical technology for efficient wind energy generation.
Affected by the situation of the Russian-Ukrainian war, the global price of fossil energy has soared, and the attention of various countries to renewable energy has increased to an unprecedented height. As an important renewable energy source, wind power generation is also expected to increase in global deployment in the future as it receives further attention. However, the working conditions of wind power equipment are poor, and it is necessary to continuously monitor its operating conditions and determine damages and faults, so as to reduce economic losses and improve energy utilization. The wind turbine condition monitoring system also has a good market space in the future.
The market distribution of wind turbine condition monitoring systems is highly correlated with the installed capacity of wind power equipment, and is mainly distributed in Asia, especially China. However, China's wind turbine monitoring equipment is relatively backward, and there is still a large market space.
Condition detection technology is currently being driven by AI technology and transforming to intelligence, which is conducive to reducing labor costs for condition monitoring. The software can automatically identify abnormal types and introduce appropriate solutions. Therefore, the software market will occupy an important position in the monitoring system in the future.
This report aims to provide a comprehensive presentation of the global market for Wind Turbine Condition Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Turbine Condition Monitoring System.
The Wind Turbine Condition Monitoring System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wind Turbine Condition Monitoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wind Turbine Condition Monitoring System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SKF
Ronds
Bruel & Kj忙r Vibro
Siemens
National Instruments
AMSC
HBM (HBK)
JF Strainstall
Beijing Weiruida Control System
Moventas
Ammonit Measurement
Power Factors
Hansford Sensors
Mita-Teknik
SPM Instrument AB
Segment by Type
Equipment
Software
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Wind Turbine Condition Monitoring System company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Wind Turbine Condition Monitoring System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Equipment
1.2.3 Software
1.3 Market by Application
1.3.1 Global Wind Turbine Condition Monitoring System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Wind Turbine Condition Monitoring System Market Perspective (2019-2030)
2.2 Global Wind Turbine Condition Monitoring System Growth Trends by Region
2.2.1 Global Wind Turbine Condition Monitoring System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Wind Turbine Condition Monitoring System Historic Market Size by Region (2019-2024)
2.2.3 Wind Turbine Condition Monitoring System Forecasted Market Size by Region (2025-2030)
2.3 Wind Turbine Condition Monitoring System Market Dynamics
2.3.1 Wind Turbine Condition Monitoring System Industry Trends
2.3.2 Wind Turbine Condition Monitoring System Market Drivers
2.3.3 Wind Turbine Condition Monitoring System Market Challenges
2.3.4 Wind Turbine Condition Monitoring System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Wind Turbine Condition Monitoring System Players by Revenue
3.1.1 Global Top Wind Turbine Condition Monitoring System Players by Revenue (2019-2024)
3.1.2 Global Wind Turbine Condition Monitoring System Revenue Market Share by Players (2019-2024)
3.2 Global Wind Turbine Condition Monitoring System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Wind Turbine Condition Monitoring System Revenue
3.4 Global Wind Turbine Condition Monitoring System Market Concentration Ratio
3.4.1 Global Wind Turbine Condition Monitoring System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Wind Turbine Condition Monitoring System Revenue in 2023
3.5 Global Key Players of Wind Turbine Condition Monitoring System Head office and Area Served
3.6 Global Key Players of Wind Turbine Condition Monitoring System, Product and Application
3.7 Global Key Players of Wind Turbine Condition Monitoring System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Wind Turbine Condition Monitoring System Breakdown Data by Type
4.1 Global Wind Turbine Condition Monitoring System Historic Market Size by Type (2019-2024)
4.2 Global Wind Turbine Condition Monitoring System Forecasted Market Size by Type (2025-2030)
5 Wind Turbine Condition Monitoring System Breakdown Data by Application
5.1 Global Wind Turbine Condition Monitoring System Historic Market Size by Application (2019-2024)
5.2 Global Wind Turbine Condition Monitoring System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Wind Turbine Condition Monitoring System Market Size (2019-2030)
6.2 North America Wind Turbine Condition Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Wind Turbine Condition Monitoring System Market Size by Country (2019-2024)
6.4 North America Wind Turbine Condition Monitoring System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Wind Turbine Condition Monitoring System Market Size (2019-2030)
7.2 Europe Wind Turbine Condition Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Wind Turbine Condition Monitoring System Market Size by Country (2019-2024)
7.4 Europe Wind Turbine Condition Monitoring System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Wind Turbine Condition Monitoring System Market Size (2019-2030)
8.2 Asia-Pacific Wind Turbine Condition Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Wind Turbine Condition Monitoring System Market Size by Region (2019-2024)
8.4 Asia-Pacific Wind Turbine Condition Monitoring System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Wind Turbine Condition Monitoring System Market Size (2019-2030)
9.2 Latin America Wind Turbine Condition Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Wind Turbine Condition Monitoring System Market Size by Country (2019-2024)
9.4 Latin America Wind Turbine Condition Monitoring System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Wind Turbine Condition Monitoring System Market Size (2019-2030)
10.2 Middle East & Africa Wind Turbine Condition Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Wind Turbine Condition Monitoring System Market Size by Country (2019-2024)
10.4 Middle East & Africa Wind Turbine Condition Monitoring System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SKF
11.1.1 SKF Company Details
11.1.2 SKF Business Overview
11.1.3 SKF Wind Turbine Condition Monitoring System Introduction
11.1.4 SKF Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.1.5 SKF Recent Development
11.2 Ronds
11.2.1 Ronds Company Details
11.2.2 Ronds Business Overview
11.2.3 Ronds Wind Turbine Condition Monitoring System Introduction
11.2.4 Ronds Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.2.5 Ronds Recent Development
11.3 Bruel & Kj忙r Vibro
11.3.1 Bruel & Kj忙r Vibro Company Details
11.3.2 Bruel & Kj忙r Vibro Business Overview
11.3.3 Bruel & Kj忙r Vibro Wind Turbine Condition Monitoring System Introduction
11.3.4 Bruel & Kj忙r Vibro Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.3.5 Bruel & Kj忙r Vibro Recent Development
11.4 Siemens
11.4.1 Siemens Company Details
11.4.2 Siemens Business Overview
11.4.3 Siemens Wind Turbine Condition Monitoring System Introduction
11.4.4 Siemens Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.4.5 Siemens Recent Development
11.5 National Instruments
11.5.1 National Instruments Company Details
11.5.2 National Instruments Business Overview
11.5.3 National Instruments Wind Turbine Condition Monitoring System Introduction
11.5.4 National Instruments Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.5.5 National Instruments Recent Development
11.6 AMSC
11.6.1 AMSC Company Details
11.6.2 AMSC Business Overview
11.6.3 AMSC Wind Turbine Condition Monitoring System Introduction
11.6.4 AMSC Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.6.5 AMSC Recent Development
11.7 HBM (HBK)
11.7.1 HBM (HBK) Company Details
11.7.2 HBM (HBK) Business Overview
11.7.3 HBM (HBK) Wind Turbine Condition Monitoring System Introduction
11.7.4 HBM (HBK) Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.7.5 HBM (HBK) Recent Development
11.8 JF Strainstall
11.8.1 JF Strainstall Company Details
11.8.2 JF Strainstall Business Overview
11.8.3 JF Strainstall Wind Turbine Condition Monitoring System Introduction
11.8.4 JF Strainstall Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.8.5 JF Strainstall Recent Development
11.9 Beijing Weiruida Control System
11.9.1 Beijing Weiruida Control System Company Details
11.9.2 Beijing Weiruida Control System Business Overview
11.9.3 Beijing Weiruida Control System Wind Turbine Condition Monitoring System Introduction
11.9.4 Beijing Weiruida Control System Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.9.5 Beijing Weiruida Control System Recent Development
11.10 Moventas
11.10.1 Moventas Company Details
11.10.2 Moventas Business Overview
11.10.3 Moventas Wind Turbine Condition Monitoring System Introduction
11.10.4 Moventas Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.10.5 Moventas Recent Development
11.11 Ammonit Measurement
11.11.1 Ammonit Measurement Company Details
11.11.2 Ammonit Measurement Business Overview
11.11.3 Ammonit Measurement Wind Turbine Condition Monitoring System Introduction
11.11.4 Ammonit Measurement Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.11.5 Ammonit Measurement Recent Development
11.12 Power Factors
11.12.1 Power Factors Company Details
11.12.2 Power Factors Business Overview
11.12.3 Power Factors Wind Turbine Condition Monitoring System Introduction
11.12.4 Power Factors Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.12.5 Power Factors Recent Development
11.13 Hansford Sensors
11.13.1 Hansford Sensors Company Details
11.13.2 Hansford Sensors Business Overview
11.13.3 Hansford Sensors Wind Turbine Condition Monitoring System Introduction
11.13.4 Hansford Sensors Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.13.5 Hansford Sensors Recent Development
11.14 Mita-Teknik
11.14.1 Mita-Teknik Company Details
11.14.2 Mita-Teknik Business Overview
11.14.3 Mita-Teknik Wind Turbine Condition Monitoring System Introduction
11.14.4 Mita-Teknik Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.14.5 Mita-Teknik Recent Development
11.15 SPM Instrument AB
11.15.1 SPM Instrument AB Company Details
11.15.2 SPM Instrument AB Business Overview
11.15.3 SPM Instrument AB Wind Turbine Condition Monitoring System Introduction
11.15.4 SPM Instrument AB Revenue in Wind Turbine Condition Monitoring System Business (2019-2024)
11.15.5 SPM Instrument AB Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

SKF
Ronds
Bruel & Kj忙r Vibro
Siemens
National Instruments
AMSC
HBM (HBK)
JF Strainstall
Beijing Weiruida Control System
Moventas
Ammonit Measurement
Power Factors
Hansford Sensors
Mita-Teknik
SPM Instrument AB

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