Wind Turbine Brakes Market

Global Wind Turbine Brakes Market Size (2024-2032):

The size of the global wind turbine brakes market was worth USD 420 million in 2023. The global market is anticipated to grow at a CAGR of 5.94% from 2024 to 2032 and be worth USD 706 million by 2032 from USD 445 million in 2024.

Current Scenario of the Global Wind Turbine Brakes Market

Wind turbine brakes require higher cycle speeds, higher loads, greater reliability, and often in more compact packages than conventional wind turbine equipment. Yaw brakes provide an effective means of smoothly controlling the nacelle of a wind turbine when it is turning "against the wind" or spinning. An anemometer signals a change in wind direction that excites the motor that drives the crown of the yaw system. Wind turbine engineers agree that a mechanical disc brake is the best solution in terms of reliability, simplicity of manufacture, ease of maintenance, and upfront cost. Disc brakes are known for their excellent performance in harsh environments, which is why they are employed in cranes, heavy vehicles, and other safety-critical applications. Another reason is that a disc brake requires little physical space compared to the braking force it provides.

Wind turbine brakes are employed to hold the turbine in place and prevent the rotors from moving. They are applied for maintenance operations and in extreme climatic conditions where excessive wind speed can damage the turbine. Wind turbine brakes are also employed to hold the turbine in place when the turbine faces mechanical failure. The level of braking torque for rotor brakes is a critical consideration that must be calculated during the initial stages of brake design. On the other hand, high-speed shaft braking is usually related to the maximum allowable load of the gear teeth. There is also a minimum level of braking torque below which the varying nature of friction forces under different operating conditions could endanger the turbine rotors. Therefore, it is important to provide an adequate safety window, or a service factor, to ensure that the brakes always work effectively and in all weather conditions. Many major players such as ANTEC Group, Hilliard Corp, and Dellner Brakes AB are investing in R&D to curb the costs associated with solar equipment manufacturing to augment the implementation of this off-grid solar equipment. The development is predicted to have a substantial impact on the expansion of the company's industry share during the foreseen period.

MARKET DRIVERS

The main factors driving the expansion of the worldwide industry for wind turbine brakes are the escalating call for power generation from wind energy and the increase in government initiatives to adopt offshore wind for electricity production.

Also, the escalating call for sustainable power generation to reduce harmful gas emissions is predicted to have a significant impact on the expansion of the worldwide wind turbine brake industry during the foreseen period. The development of large-scale wind turbines has significantly boosted the installation of offshore wind projects around the world. Low-speed axle braking is relatively simple, as a large disc brake, with a large friction lining area, is easy to adapt. Unfortunately, the installation here requires high braking torque. The high gear ratios of wind turbine reducers produce a large reduction in output torque. In many cases, a serious consideration when choosing brakes is choosing a friction lining area of ​​sufficient size to ensure adequate heat dissipation during emergency stops. The energy to be dissipated is the same wherever the brake is placed, which means that the total area of ​​the lining must be the same. This also means that the area of ​​the brake pads must be sufficient to control the temperature rise. These requirements are more difficult to meet on the high-speed axle as speed and space will be limiting factors when it comes to maximum disc diameter and brake selections.

MARKET OPPORTUNITIES

The worldwide industry for wind turbine brakes is predicted to experience high expansion during the foreseen period due to the escalating call for renewable electricity. This is predicted to stimulate call for wind turbine brakes during the outlook period. The expansion of the target patient population, ongoing technological advancements, favourable medical reimbursements, escalated call for minimally invasive thrombectomy procedures, and escalated healthcare spending in emerging industries are some of the key drivers for the expansion of this industry. Factors such as the increase in the number of research activities in the field of thrombectomy and the expansion of the application of ultrasound in vascular treatment are predicted to provide new expansion opportunities for industry players throughout the foreseen period.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Wind Turbine Brakes Market Analysis By Application

The onshore segment is predicted to have a larger industry share during the foreseen period due to the increase in grid-connected wind farm installations. The offshore segment is predicted to experience the fastest expansion during the conjecture period due to technological advances in the offshore wind equipment manufacturing process.

REGIONAL ANALYSIS

Europe has the largest industry share of the wind turbine brake industry due to the escalating adoption of renewable electricity in the region.

Also, the wind turbine brake industry in Europe is predicted to experience the fastest expansion during the foreseen period mainly due to the numerous government initiatives introduced in the area to increase the adoption of wind energy. Europe is predicted to own the majority of the industry during the foreseen period. This is mainly because the countries of the region are focusing primarily on developing wind energy sources to reduce carbon emissions. In Europe, the UK has the largest industry share and is predicted to record the highest CAGR over the outlook period due to the escalating installation of offshore wind turbines.

In North America, the United States had the largest industry share in 2019 and is predicted to experience the fastest expansion during the envisioned period, primarily due to the high call for renewable electricity. In Asia-Pacific, China had the largest industry share in 2019 due to strong government support for wind power adoption. The wind turbine brake industry is predicted to record the highest CAGR in India during the foreseen period due to the escalating call for renewable electricity in the country.

In the Middle East and Africa, Saudi Arabia had the largest industry share in 2019 due to the growing need for renewable electricity in the country. However, the wind turbine brake industry is predicted to record the highest CAGR in the United Arab Emirates, with the country's government focusing on escalating its share of renewable energy in the country's energy mix.

KEY PLAYERS IN THE GLOBAL WIND TURBINE BRAKES MARKET

Companies playing a prominent role in the global wind turbine brakes market include Altra Industrial Motion Corp, ANTEC Group, Dellner Brakes AB, Hilliard Corp, Hindon LLC, Hydratech Industries, Miki Pulley Co. Ltd, Siegerland Bremsen GmbH, Thomson Industries Inc, and W.C. Branham Inc, and Others.

RECENT HAPPENINGS IN THE GLOBAL WIND TURBINE BRAKES MARKET

• Dellner introduces new lightweight fail-safe brakes for wind turbines. Dellner Brakes, a manufacturer of state-of-the-art braking systems, has introduced two new spring-loaded fail-safe brakes to its SKP range. Combining reliable power with a lightweight, modular design and competitive pricing, the brakes adjust to improve braking on wind turbines.

DETAILED SEGMENTATION OF THE GLOBAL WIND TURBINE BRAKES MARKET INCLUDED IN THIS REPORT

This global wind turbine brakes market research report has been segmented and sub-segmented based on application and region.

By Application

• Onshore
• Offshore

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa