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Global Wind Turbine Spindle Bearings Market Research Report 2025
Synopsis
Wind turbine spindle bearings, which sit within the nacelle at the top of the turbine tower, must support the weight of the rotor, along with additional loads generated by the wind, while allowing it to spin freely and transmit torque to the generator.
Global Wind Turbine Spindle Bearings market is projected to reach US$ 13790 million in 2029, increasing from US$ 6200 million in 2022, with the CAGR of 13.2% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Wind Turbine Spindle Bearings market research.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Wind Turbine Spindle Bearings market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Timken
Liebherr
NKE AUSTRIA GmbH
Luoyang Bearing Research Institute Co., Ltd.
Dalian Metallurgical Bearing Group
NTN
SKF Group Company
NSK
Scheerer
C.C.JENSEN
ZWZ
Defontaine Group
Thyssenkrupp Rothe Erde Germany GmbH
AB SKF
Groupe Legris Industries
Segment by Type
Cylindrical Roller Bearings
Tapered Roller Bearings
Spherical Roller Bearings
Others
Segment by Application
Large Wind Turbine
Small and Medium Wind Turbine
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Wind Turbine Spindle Bearings report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Wind turbine spindle bearings, which sit within the nacelle at the top of the turbine tower, must support the weight of the rotor, along with additional loads generated by the wind, while allowing it to spin freely and transmit torque to the generator.
Global Wind Turbine Spindle Bearings market is projected to reach US$ 13790 million in 2029, increasing from US$ 6200 million in 2022, with the CAGR of 13.2% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Wind Turbine Spindle Bearings market research.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Wind Turbine Spindle Bearings market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Timken
Liebherr
NKE AUSTRIA GmbH
Luoyang Bearing Research Institute Co., Ltd.
Dalian Metallurgical Bearing Group
NTN
SKF Group Company
NSK
Scheerer
C.C.JENSEN
ZWZ
Defontaine Group
Thyssenkrupp Rothe Erde Germany GmbH
AB SKF
Groupe Legris Industries
Segment by Type
Cylindrical Roller Bearings
Tapered Roller Bearings
Spherical Roller Bearings
Others
Segment by Application
Large Wind Turbine
Small and Medium Wind Turbine
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Wind Turbine Spindle Bearings report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Wind Turbine Spindle Bearings Market Overview
1.1 Product Definition
1.2 Wind Turbine Spindle Bearings Segment by Type
1.2.1 Global Wind Turbine Spindle Bearings Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Cylindrical Roller Bearings
1.2.3 Tapered Roller Bearings
1.2.4 Spherical Roller Bearings
1.2.5 Others
1.3 Wind Turbine Spindle Bearings Segment by Application
1.3.1 Global Wind Turbine Spindle Bearings Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Large Wind Turbine
1.3.3 Small and Medium Wind Turbine
1.4 Global Market Growth Prospects
1.4.1 Global Wind Turbine Spindle Bearings Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Wind Turbine Spindle Bearings Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Wind Turbine Spindle Bearings Production Estimates and Forecasts (2018-2029)
1.4.4 Global Wind Turbine Spindle Bearings Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wind Turbine Spindle Bearings Production Market Share by Manufacturers (2018-2023)
2.2 Global Wind Turbine Spindle Bearings Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Wind Turbine Spindle Bearings, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Wind Turbine Spindle Bearings Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Wind Turbine Spindle Bearings Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Wind Turbine Spindle Bearings, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wind Turbine Spindle Bearings, Product Offered and Application
2.8 Global Key Manufacturers of Wind Turbine Spindle Bearings, Date of Enter into This Industry
2.9 Wind Turbine Spindle Bearings Market Competitive Situation and Trends
2.9.1 Wind Turbine Spindle Bearings Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wind Turbine Spindle Bearings Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wind Turbine Spindle Bearings Production by Region
3.1 Global Wind Turbine Spindle Bearings Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Wind Turbine Spindle Bearings Production Value by Region (2018-2029)
3.2.1 Global Wind Turbine Spindle Bearings Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Wind Turbine Spindle Bearings by Region (2024-2029)
3.3 Global Wind Turbine Spindle Bearings Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Wind Turbine Spindle Bearings Production by Region (2018-2029)
3.4.1 Global Wind Turbine Spindle Bearings Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Wind Turbine Spindle Bearings by Region (2024-2029)
3.5 Global Wind Turbine Spindle Bearings Market Price Analysis by Region (2018-2023)
3.6 Global Wind Turbine Spindle Bearings Production and Value, Year-over-Year Growth
3.6.1 North America Wind Turbine Spindle Bearings Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Wind Turbine Spindle Bearings Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Wind Turbine Spindle Bearings Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Wind Turbine Spindle Bearings Production Value Estimates and Forecasts (2018-2029)
4 Wind Turbine Spindle Bearings Consumption by Region
4.1 Global Wind Turbine Spindle Bearings Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Wind Turbine Spindle Bearings Consumption by Region (2018-2029)
4.2.1 Global Wind Turbine Spindle Bearings Consumption by Region (2018-2023)
4.2.2 Global Wind Turbine Spindle Bearings Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Wind Turbine Spindle Bearings Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Wind Turbine Spindle Bearings Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wind Turbine Spindle Bearings Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Wind Turbine Spindle Bearings Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Wind Turbine Spindle Bearings Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Wind Turbine Spindle Bearings Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wind Turbine Spindle Bearings Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Wind Turbine Spindle Bearings Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Wind Turbine Spindle Bearings Production by Type (2018-2029)
5.1.1 Global Wind Turbine Spindle Bearings Production by Type (2018-2023)
5.1.2 Global Wind Turbine Spindle Bearings Production by Type (2024-2029)
5.1.3 Global Wind Turbine Spindle Bearings Production Market Share by Type (2018-2029)
5.2 Global Wind Turbine Spindle Bearings Production Value by Type (2018-2029)
5.2.1 Global Wind Turbine Spindle Bearings Production Value by Type (2018-2023)
5.2.2 Global Wind Turbine Spindle Bearings Production Value by Type (2024-2029)
5.2.3 Global Wind Turbine Spindle Bearings Production Value Market Share by Type (2018-2029)
5.3 Global Wind Turbine Spindle Bearings Price by Type (2018-2029)
6 Segment by Application
6.1 Global Wind Turbine Spindle Bearings Production by Application (2018-2029)
6.1.1 Global Wind Turbine Spindle Bearings Production by Application (2018-2023)
6.1.2 Global Wind Turbine Spindle Bearings Production by Application (2024-2029)
6.1.3 Global Wind Turbine Spindle Bearings Production Market Share by Application (2018-2029)
6.2 Global Wind Turbine Spindle Bearings Production Value by Application (2018-2029)
6.2.1 Global Wind Turbine Spindle Bearings Production Value by Application (2018-2023)
6.2.2 Global Wind Turbine Spindle Bearings Production Value by Application (2024-2029)
6.2.3 Global Wind Turbine Spindle Bearings Production Value Market Share by Application (2018-2029)
6.3 Global Wind Turbine Spindle Bearings Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Timken
7.1.1 Timken Wind Turbine Spindle Bearings Corporation Information
7.1.2 Timken Wind Turbine Spindle Bearings Product Portfolio
7.1.3 Timken Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Timken Main Business and Markets Served
7.1.5 Timken Recent Developments/Updates
7.2 Liebherr
7.2.1 Liebherr Wind Turbine Spindle Bearings Corporation Information
7.2.2 Liebherr Wind Turbine Spindle Bearings Product Portfolio
7.2.3 Liebherr Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Liebherr Main Business and Markets Served
7.2.5 Liebherr Recent Developments/Updates
7.3 NKE AUSTRIA GmbH
7.3.1 NKE AUSTRIA GmbH Wind Turbine Spindle Bearings Corporation Information
7.3.2 NKE AUSTRIA GmbH Wind Turbine Spindle Bearings Product Portfolio
7.3.3 NKE AUSTRIA GmbH Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.3.4 NKE AUSTRIA GmbH Main Business and Markets Served
7.3.5 NKE AUSTRIA GmbH Recent Developments/Updates
7.4 Luoyang Bearing Research Institute Co., Ltd.
7.4.1 Luoyang Bearing Research Institute Co., Ltd. Wind Turbine Spindle Bearings Corporation Information
7.4.2 Luoyang Bearing Research Institute Co., Ltd. Wind Turbine Spindle Bearings Product Portfolio
7.4.3 Luoyang Bearing Research Institute Co., Ltd. Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Luoyang Bearing Research Institute Co., Ltd. Main Business and Markets Served
7.4.5 Luoyang Bearing Research Institute Co., Ltd. Recent Developments/Updates
7.5 Dalian Metallurgical Bearing Group
7.5.1 Dalian Metallurgical Bearing Group Wind Turbine Spindle Bearings Corporation Information
7.5.2 Dalian Metallurgical Bearing Group Wind Turbine Spindle Bearings Product Portfolio
7.5.3 Dalian Metallurgical Bearing Group Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Dalian Metallurgical Bearing Group Main Business and Markets Served
7.5.5 Dalian Metallurgical Bearing Group Recent Developments/Updates
7.6 NTN
7.6.1 NTN Wind Turbine Spindle Bearings Corporation Information
7.6.2 NTN Wind Turbine Spindle Bearings Product Portfolio
7.6.3 NTN Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.6.4 NTN Main Business and Markets Served
7.6.5 NTN Recent Developments/Updates
7.7 SKF Group Company
7.7.1 SKF Group Company Wind Turbine Spindle Bearings Corporation Information
7.7.2 SKF Group Company Wind Turbine Spindle Bearings Product Portfolio
7.7.3 SKF Group Company Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.7.4 SKF Group Company Main Business and Markets Served
7.7.5 SKF Group Company Recent Developments/Updates
7.8 NSK
7.8.1 NSK Wind Turbine Spindle Bearings Corporation Information
7.8.2 NSK Wind Turbine Spindle Bearings Product Portfolio
7.8.3 NSK Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.8.4 NSK Main Business and Markets Served
7.7.5 NSK Recent Developments/Updates
7.9 Scheerer
7.9.1 Scheerer Wind Turbine Spindle Bearings Corporation Information
7.9.2 Scheerer Wind Turbine Spindle Bearings Product Portfolio
7.9.3 Scheerer Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Scheerer Main Business and Markets Served
7.9.5 Scheerer Recent Developments/Updates
7.10 C.C.JENSEN
7.10.1 C.C.JENSEN Wind Turbine Spindle Bearings Corporation Information
7.10.2 C.C.JENSEN Wind Turbine Spindle Bearings Product Portfolio
7.10.3 C.C.JENSEN Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.10.4 C.C.JENSEN Main Business and Markets Served
7.10.5 C.C.JENSEN Recent Developments/Updates
7.11 ZWZ
7.11.1 ZWZ Wind Turbine Spindle Bearings Corporation Information
7.11.2 ZWZ Wind Turbine Spindle Bearings Product Portfolio
7.11.3 ZWZ Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.11.4 ZWZ Main Business and Markets Served
7.11.5 ZWZ Recent Developments/Updates
7.12 Defontaine Group
7.12.1 Defontaine Group Wind Turbine Spindle Bearings Corporation Information
7.12.2 Defontaine Group Wind Turbine Spindle Bearings Product Portfolio
7.12.3 Defontaine Group Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Defontaine Group Main Business and Markets Served
7.12.5 Defontaine Group Recent Developments/Updates
7.13 Thyssenkrupp Rothe Erde Germany GmbH
7.13.1 Thyssenkrupp Rothe Erde Germany GmbH Wind Turbine Spindle Bearings Corporation Information
7.13.2 Thyssenkrupp Rothe Erde Germany GmbH Wind Turbine Spindle Bearings Product Portfolio
7.13.3 Thyssenkrupp Rothe Erde Germany GmbH Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Thyssenkrupp Rothe Erde Germany GmbH Main Business and Markets Served
7.13.5 Thyssenkrupp Rothe Erde Germany GmbH Recent Developments/Updates
7.14 AB SKF
7.14.1 AB SKF Wind Turbine Spindle Bearings Corporation Information
7.14.2 AB SKF Wind Turbine Spindle Bearings Product Portfolio
7.14.3 AB SKF Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.14.4 AB SKF Main Business and Markets Served
7.14.5 AB SKF Recent Developments/Updates
7.15 Groupe Legris Industries
7.15.1 Groupe Legris Industries Wind Turbine Spindle Bearings Corporation Information
7.15.2 Groupe Legris Industries Wind Turbine Spindle Bearings Product Portfolio
7.15.3 Groupe Legris Industries Wind Turbine Spindle Bearings Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Groupe Legris Industries Main Business and Markets Served
7.15.5 Groupe Legris Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wind Turbine Spindle Bearings Industry Chain Analysis
8.2 Wind Turbine Spindle Bearings Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wind Turbine Spindle Bearings Production Mode & Process
8.4 Wind Turbine Spindle Bearings Sales and Marketing
8.4.1 Wind Turbine Spindle Bearings Sales Channels
8.4.2 Wind Turbine Spindle Bearings Distributors
8.5 Wind Turbine Spindle Bearings Customers
9 Wind Turbine Spindle Bearings Market Dynamics
9.1 Wind Turbine Spindle Bearings Industry Trends
9.2 Wind Turbine Spindle Bearings Market Drivers
9.3 Wind Turbine Spindle Bearings Market Challenges
9.4 Wind Turbine Spindle Bearings Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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