Wind Turbine Gear Oil Market Forecast Report 2022: USD 154.12 Million Market Growth Opportunity by 2026 | Technavio
NEW YORK, June 23, 2022 /PRNewswire/ -- The wind turbine gear oil market size is set to grow by USD 154.12 million from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 8% according to Technavio. The wind turbine gear oil market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Afton Group, AMSOIL Inc., BRENNTAG SE, Carl Bechem Lubricants India Private Ltd., Castrol Ltd., Chevron Corp., Croda International Plc, Evonik Industries AG, Exxon Mobil Corp., FUCHS PETROLUB SE, Idemitsu Kosan Co. Ltd., Intertek Group Plc, Klüber Lubrication München SE & Co. KG, Lubrita Europe BV, Neste Corp., Quaker Chemical Corporation, Shell plc, Sage Oil Vac, The Lubrizol Corp., and TotalEnergies SE are some of the major market participants.
Drivers: The growth in the wind turbine market, the decline in the installed cost of wind power systems & favorable government policies will offer immense growth opportunities
Trends: The evolution of digital wind farms is a wind turbine gear oil market trend that is expected to have a positive impact in the coming years
Challenges: The evolution of gearless wind turbines, the threat of alternative energy sources & challenges associated with the maintenance of gearboxes will challenge the growth of the market participants.
Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the wind turbine gear oil market size and actionable market insights on each segment.
Get ready to achieve excellent business outcomes from this exclusive Wind Turbine Gear Oil Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which business tactics will influence competitive scenarios along with defining the market's growth potential?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Wind Turbine Gear Oil Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Wind Turbine Gear Oil Market Forecast Report - Buy Now!
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Wind Turbine Gear Oil Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Decelerate at a CAGR of 8%
Market growth 2022-2026
USD 154.12 million
Market structure
Fragmented
YoY growth (%)
9.39
Performing market contribution
APAC at 52%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Afton Group, AMSOIL Inc., BRENNTAG SE, Carl Bechem Lubricants India Private Ltd., Castrol Ltd., Chevron Corp., Croda International Plc, Evonik Industries AG, Exxon Mobil Corp., FUCHS PETROLUB SE, Idemitsu Kosan Co. Ltd., Intertek Group Plc, Klüber Lubrication München SE & Co. KG, Lubrita Europe BV, Neste Corp., Quaker Chemical Corporation, Shell plc, Sage Oil Vac, The Lubrizol Corp., and TotalEnergies SE
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table Of Contents :
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 06: Executive Summary ? Chart on Market Segmentation by Application
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 21: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 22: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 23: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 25: Chart on Product - Market share 2021-2026 (%)
Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
5.3 Synthetic gear oil - Market size and forecast 2021-2026
Exhibit 29: Chart on Synthetic gear oil - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Data Table on Synthetic gear oil - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Data Table on Synthetic gear oil - Year-over-year growth 2021-2026 (%)
5.4 Mineral gear oil - Market size and forecast 2021-2026
Exhibit 33: Chart on Mineral gear oil - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Data Table on Mineral gear oil - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Chart on Mineral gear oil - Year-over-year growth 2021-2026 (%)
Exhibit 36: Data Table on Mineral gear oil - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Product
Exhibit 37: Market opportunity by Product ($ million)
6 Market Segmentation by Application
6.1 Market segments
Exhibit 38: Chart on Application - Market share 2021-2026 (%)
Exhibit 39: Data Table on Application - Market share 2021-2026 (%)
6.2 Comparison by Application
Exhibit 40: Chart on Comparison by Application
Exhibit 41: Data Table on Comparison by Application
6.3 Onshore - Market size and forecast 2021-2026
Exhibit 42: Chart on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Onshore - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Onshore - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Onshore - Year-over-year growth 2021-2026 (%)
6.4 Offshore - Market size and forecast 2021-2026
Exhibit 46: Chart on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Offshore - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Offshore - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Offshore - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Exhibit 52: Chart on Market share by geography 2021-2026 (%)
Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
8.2 Geographic comparison
Exhibit 54: Chart on Geographic comparison
Exhibit 55: Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2021-2026
Exhibit 56: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 57: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 58: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 59: Data Table on APAC - Year-over-year growth 2021-2026 (%)
8.4 Europe - Market size and forecast 2021-2026
Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
8.5 North America - Market size and forecast 2021-2026
Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
8.6 South America - Market size and forecast 2021-2026
Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
8.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
8.8 China - Market size and forecast 2021-2026
Exhibit 76: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 77: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 78: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 79: Data Table on China - Year-over-year growth 2021-2026 (%)
8.9 US - Market size and forecast 2021-2026
Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
8.10 India - Market size and forecast 2021-2026
Exhibit 84: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 85: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 86: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 87: Data Table on India - Year-over-year growth 2021-2026 (%)
8.11 Germany - Market size and forecast 2021-2026
Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)
8.12 Spain - Market size and forecast 2021-2026
Exhibit 92: Chart on Spain - Market size and forecast 2021-2026 ($ million)
Exhibit 93: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
Exhibit 94: Chart on Spain - Year-over-year growth 2021-2026 (%)
Exhibit 95: Data Table on Spain - Year-over-year growth 2021-2026 (%)
8.13 Market opportunity by geography
Exhibit 96: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 97: Impact of drivers and challenges in 2021 and 2026
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 99: Overview on factors of disruption
10.4 Industry risks
Exhibit 100: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 101: Vendors covered
11.2 Market positioning of vendors
Exhibit 102: Matrix on vendor position and classification
11.3 AMSOIL Inc.
Exhibit 103: AMSOIL Inc. - Overview
Exhibit 104: AMSOIL Inc. - Product / Service
Exhibit 105: AMSOIL Inc. - Key offerings
11.4 Castrol Ltd.
Exhibit 106: Castrol Ltd. - Overview
Exhibit 107: Castrol Ltd. - Product / Service
Exhibit 108: Castrol Ltd. - Key offerings
11.5 Chevron Corp.
Exhibit 109: Chevron Corp. - Overview
Exhibit 110: Chevron Corp. - Business segments
Exhibit 111: Chevron Corp. - Key news
Exhibit 112: Chevron Corp. - Key offerings
Exhibit 113: Chevron Corp. - Segment focus
11.6 Croda International Plc
Exhibit 114: Croda International Plc - Overview
Exhibit 115: Croda International Plc - Business segments
Exhibit 116: Croda International Plc - Key offerings
Exhibit 117: Croda International Plc - Segment focus
11.7 Evonik Industries AG
Exhibit 118: Evonik Industries AG - Overview
Exhibit 119: Evonik Industries AG - Business segments
Exhibit 120: Evonik Industries AG - Key news
Exhibit 121: Evonik Industries AG - Key offerings
Exhibit 122: Evonik Industries AG - Segment focus
11.8 Exxon Mobil Corp.
Exhibit 123: Exxon Mobil Corp. - Overview
Exhibit 124: Exxon Mobil Corp. - Business segments
Exhibit 125: Exxon Mobil Corp. - Key news
Exhibit 126: Exxon Mobil Corp. - Key offerings
Exhibit 127: Exxon Mobil Corp. - Segment focus
11.9 Kluber Lubrication Munchen SE and Co. KG
Exhibit 128: Kluber Lubrication Munchen SE and Co. KG - Overview
Exhibit 129: Kluber Lubrication Munchen SE and Co. KG - Product / Service
Exhibit 130: Kluber Lubrication Munchen SE and Co. KG - Key offerings
11.10 Lubrita Europe BV
Exhibit 131: Lubrita Europe BV - Overview
Exhibit 132: Lubrita Europe BV - Product / Service
Exhibit 133: Lubrita Europe BV - Key offerings
11.11 Shell plc
Exhibit 134: Shell plc - Overview
Exhibit 135: Shell plc - Business segments
Exhibit 136: Shell plc - Key news
Exhibit 137: Shell plc - Key offerings
Exhibit 138: Shell plc - Segment focus
11.12 TotalEnergies SE
Exhibit 139: TotalEnergies SE - Overview
Exhibit 140: TotalEnergies SE - Business segments
Exhibit 141: TotalEnergies SE - Key news
Exhibit 142: TotalEnergies SE - Key offerings
Exhibit 143: TotalEnergies SE - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 144: Inclusions checklist
Exhibit 145: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 146: Currency conversion rates for US$
12.4 Research methodology
Exhibit 147: Research methodology
Exhibit 148: Validation techniques employed for market sizing
Exhibit 149: Information sources
12.5 List of abbreviations
Exhibit 150: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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