AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Yaw System market - Global outlook to 2027". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Yaw System market to grow at a CAGR of %.
According to Analyst at AMA Research, the Global Yaw System market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing Awareness about the Usage of Renewable Energy Globally, The Growth in Government Initiatives to Explore Wind Energy Sources, and Growing in Demand for Power Supply in the Developing Nations”.
The yaw system, a component or equipment used in wind turbines to direct the wind turbine rotor toward the wind. This system plays an important role in rotating the nacelle of the wind turbine around the tower axis. The positioning and optimal orientation of the nacelle of a windmill plant are of elementary importance to generate the maximum amount of energy from wind.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Yaw System market by Type (Active Yaw Systems and Passive Yaw Systems), by Application (Wind Energy, Gear Motors, Water Conservancy Project and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders’ insights and key trends (current and future) of the market