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Rising Wind Energy Demand from Governments Worldwide as Alternative for Natural Resources Expected to Fuel Growth in Wind Turbine Brakes Market

A wind turbine brake is an equipment that is placed next to the gearbox in a wind turbine. These brakes help to decrease the rotational speed of the blade assembly.

Wind turbine brakes stop the movement of the blade when the machine is undergoing maintenance or requires a period of downtime.

Rising investments for offshore wind energy in leading economies globally is the key growth driver for the wind turbines brakes market.

Governments worldwide are looking to reduce the consumption of natural resources such as coal and fossil fuels, which tend to emit large amounts of harmful gases such as carbon dioxide.

Hence, they are looking to replace natural resources with alternative renewable energy sources such as wind energy, which is cleaner. This is expected to increase the number of wind turbine installations and, in turn, bolster the growth in the wind turbine brakes market.

Other factors such as innovations to existing products, supportive healthcare reimbursement policies, and increased target population could positively impact the demand for high-quality wind turbine brakes, in the years ahead.

Wind turbine brakes have proven beneficial in difficult weather conditions where large-speed winds could cause damage to the wind turbine. These brakes ensure that the turbine remains in good working condition and does not suffer a mechanical failure.

Some of the commonly-used types of wind turbine brakes include mechanical, pneumatic, and hydraulic.

Disc Mechanical Wind Turbine Brakes Could Witness Increased Demand in Upcoming Years

Wind turbine engineers have recommended the use of mechanical disc brakes in turbines owing to the features such as ease of maintenance, flexibility, simplicity of production, excellent performance rate in extreme weather conditions, and lower manufacturing costs.

The increase in demand for mechanical disc brakes could help propel the overall wind turbine brakes market.

Before purchase of a wind turbine brake, a key factor to consider is the level of brake torque, which is usually calculated at the easy stages of the brake design.

It is also essential to provide adequate safety window to ensure the wind turbine brakes function efficiently for long periods and do not require frequent need for maintenance.

COVID-19 Pandemic Dents Growth in the Wind Turbine Brakes Market

The outbreak of the COVID-19 pandemic negatively impacted the growth in the wind turbine brakes market. With governments globally imposing social distancing regulations and lockdowns, the entire supply chain suffered a massive disruption, owing to reduced supply of key raw materials and lowered availability of labor.

The reduced availability of labor caused a delay in the completion of several wind turbine projects, which adversely impacted the demand for wind turbine brakes.

Wind turbine brakes have proven beneficial in the smooth operation of wind turbines. But they still have their drawbacks, which could impact product demand.

High Wind Turbine Construction Costs Could Negatively Impact Wind Turbine Brakes Demand in Future

The construction of any wind turbine is an expensive procedure and incurs large initial investment costs. Few manufactures are capable of incurring such huge costs, thereby reducing the wind turbine brakes demand and impacting the growth in the overall market.

Several leading wind turbine brakes market players are located in countries in Europe and North America. As a result, the demand is restricted to fewer nations, thereby reducing the pace of growth in the global market.

Leading market players could look to establish R&D centers that would exclusively function to produce improved quality of products in countries such as India, in future.

R&D undertakings could be a key growth strategy for prominent wind turbine brakes market players, in the years ahead.

Growth strategies such as new product launches could help established players gain a competitive edge over others.

A wind turbine brake is an equipment that is placed next to the gearbox in a wind turbine. These brakes help to decrease the rotational speed of the blade assembly.

Wind turbine brakes stop the movement of the blade when the machine is undergoing maintenance or requires a period of downtime.

Rising investments for offshore wind energy in leading economies globally is the key growth driver for the wind turbines brakes market.

Governments worldwide are looking to reduce the consumption of natural resources such as coal and fossil fuels, which tend to emit large amounts of harmful gases such as carbon dioxide.

Hence, they are looking to replace natural resources with alternative renewable energy sources such as wind energy, which is cleaner. This is expected to increase the number of wind turbine installations and, in turn, bolster the growth in the wind turbine brakes market.

Other factors such as innovations to existing products, supportive healthcare reimbursement policies, and increased target population could positively impact the demand for high-quality wind turbine brakes, in the years ahead.

Wind turbine brakes have proven beneficial in difficult weather conditions where large-speed winds could cause damage to the wind turbine. These brakes ensure that the turbine remains in good working condition and does not suffer a mechanical failure.

Some of the commonly-used types of wind turbine brakes include mechanical, pneumatic, and hydraulic.

Disc Mechanical Wind Turbine Brakes Could Witness Increased Demand in Upcoming Years

Wind turbine engineers have recommended the use of mechanical disc brakes in turbines owing to the features such as ease of maintenance, flexibility, simplicity of production, excellent performance rate in extreme weather conditions, and lower manufacturing costs.

The increase in demand for mechanical disc brakes could help propel the overall wind turbine brakes market.

Before purchase of a wind turbine brake, a key factor to consider is the level of brake torque, which is usually calculated at the easy stages of the brake design.

It is also essential to provide adequate safety window to ensure the wind turbine brakes function efficiently for long periods and do not require frequent need for maintenance.

COVID-19 Pandemic Dents Growth in the Wind Turbine Brakes Market

The outbreak of the COVID-19 pandemic negatively impacted the growth in the wind turbine brakes market. With governments globally imposing social distancing regulations and lockdowns, the entire supply chain suffered a massive disruption, owing to reduced supply of key raw materials and lowered availability of labor.

The reduced availability of labor caused a delay in the completion of several wind turbine projects, which adversely impacted the demand for wind turbine brakes.

Wind turbine brakes have proven beneficial in the smooth operation of wind turbines. But they still have their drawbacks, which could impact product demand.

High Wind Turbine Construction Costs Could Negatively Impact Wind Turbine Brakes Demand in Future

The construction of any wind turbine is an expensive procedure and incurs large initial investment costs. Few manufactures are capable of incurring such huge costs, thereby reducing the wind turbine brakes demand and impacting the growth in the overall market.

Several leading wind turbine brakes market players are located in countries in Europe and North America. As a result, the demand is restricted to fewer nations, thereby reducing the pace of growth in the global market.

Leading market players could look to establish R&D centers that would exclusively function to produce improved quality of products in countries such as India, in future.

R&D undertakings could be a key growth strategy for prominent wind turbine brakes market players, in the years ahead.

Growth strategies such as new product launches could help established players gain a competitive edge over others.

In 2021, Altra Renewables launched a new product which has proven beneficial to overcoming difficult maintenance processes and improved the reliability of onshore wind turbines.

In 2021, Altra Renewables launched a new product which has proven beneficial to overcoming difficult maintenance processes and improved the reliability of onshore wind turbines.

Pragati Pathrotkar

Pragati Pathrotkar is Team Lead for the SEO department at Transparency Market Research Pvt. Ltd. She is a specialist in search engine optimized (SEO) content with a wealth of experience gathered from working in leading market research firms.

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Pragati Pathrotkar

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