Wind Turbine Gearbox Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Wind Turbine Gearbox Market Size & Share and It is Segmented by Location of Deployment (Onshore and Offshore) and Geography (North America, Asia-Pacific, Europe, Middle-East and Africa, and South America). The Report Offers the Market Size and Forecasts for Wind Turbine Gearbox Market in Revenue (USD) for all the Above Segments.

Wind Turbine Gearbox Market Size

Wind Turbine Gearbox Market Summary

Wind Turbine Gearbox Market Analysis

The Wind Turbine Gearbox Market size is estimated at USD 21.65 billion in 2025, and is expected to reach USD 32.86 billion by 2030, at a CAGR of 8.7% during the forecast period (2025-2030).

  • Over the medium term, factors such as growing demand for wind energy and increasing investment in wind energy projects are expected to be one of the most significant drivers for the wind turbine gearbox market during the forecast period.
  • On the other hand, increasing penetration of other sources of renewable energy such as solar, hydro and others. This poses a threat to the wind turbine gearbox market during the forecast period.
  • Nevertheless, energy storage integration with wind energy and ambitious wind energy tsrgets acrossb the globe are significant factors expected to create several opportunities for the market in the future.
  • The Asia-Pacific region is expected to be the largest and fastest-growing market, owing to the significant share in terms of wind power generation and the presence of manufacturing and technology hubs in countries like China, India, Japan, etc.

Wind Turbine Gearbox Industry Overview

The wind turbine gearbox market is moderately consolidated. Some of the major companies (in no particular order) include Siemens Gamesa Renewable Energy SA, Dana Brevini SpA, ME Production A/S, Winergy Group, and ZF Friedrichshafen AG, among others.

Wind Turbine Gearbox Market Leaders

  1. Siemens Gamesa Renewable Energy SA

  2. Winergy Group

  3. ZF Friedrichshafen AG

  4. Dana Brevini SpA

  5. ME Production A/S

  6. *Disclaimer: Major Players sorted in no particular order
Wind Turbine Gearbox Market Concentration
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Wind Turbine Gearbox Market News

  • In September 2023, Sany Renewable Energy (Sany RE) revealed its latest 919 wind turbine platform. The 919 Platform adopts an integrated design, and developments on the 919 Platform share structural components such as the hub, main shaft, front bedplate, blades, gearboxes, and electrical systems are developed as modular systems to cover capacity from 8.5 MW to 11 MW wind turbines with rotor diameters ranging from 214 meters to 230 meters. 
  • In June 2022, Eickhoff Wind Asia, a subsidiary of Gebr Eickhoff Maschinenfabrik u. Eisengießerei GmbH based in Germany, has recently inaugurated its state-of-the-art manufacturing facility near Chennai. This new assembly facility for wind gearboxes enhances Eickhoff's presence and operations in Asia, expanding its geographical footprint. The facility's primary operations involve assembling, storing, and testing gearboxes up to a capacity of 8 MW.
  • In March 2022, SKF introduced innovative advancements in rolling bearing technology that enables the reduction of drivetrain weight, resulting in substantial cost savings and potential power increases. These developments facilitate the possibility of increasing the size of onshore turbines while still adhering to transportation limitations.

Wind Turbine Gearbox Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Adoption of Wind Energy
    • 4.5.1.2 Growing Investments in Wind Energy
    • 4.5.2 Restraints
    • 4.5.2.1 Increasing Penetration of Other Sources of Renewable Energy
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Location of Deployment
    • 5.1.1 Onshore
    • 5.1.2 Offshore
  • 5.2 Geography [Market Size and Demand Forecast till 2028 (for regions only)]
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Rest of North America
    • 5.2.2 Asia-Pacific
    • 5.2.2.1 China
    • 5.2.2.2 India
    • 5.2.2.3 Japan
    • 5.2.2.4 Asutralia
    • 5.2.2.5 Rest of Asia-Pacific
    • 5.2.3 Europe
    • 5.2.3.1 United Kingdom
    • 5.2.3.2 Germany
    • 5.2.3.3 France
    • 5.2.3.4 Spain
    • 5.2.3.5 Rest of Europe
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Chile
    • 5.2.4.4 Rest of South America
    • 5.2.5 Middle-East and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 United Arab Emirates
    • 5.2.5.3 South Africa
    • 5.2.5.4 Rest of Middle East

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Dana Brevini SpA
    • 6.3.2 Siemens Gamesa Renewable Energy SA
    • 6.3.3 ME Production AS
    • 6.3.4 Stork Gears & Services BV
    • 6.3.5 Winergy Group
    • 6.3.6 ZF Friedrichshafen AG
    • 6.3.7 Turbine Repair Solutions
    • 6.3.8 Elecon Engineering Company Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Energy Storage Integration
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Wind Turbine Gearbox Industry Segmentation

A wind turbine gearbox is a mechanical device that is an integral part of a wind turbine's power transmission system. Its primary function is to convert the low-speed rotation of the wind turbine rotor into the high-speed rotation that is suitable for driving the generator to produce electricity.

The wind turbine gearbox market is segmented by location of deployment and geography. By location of deployment, the market is segmented into Onshore and Offshore. The report also covers the market size and forecasts across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD).

Location of Deployment Onshore
Offshore
Geography [Market Size and Demand Forecast till 2028 (for regions only)] North America United States
Canada
Rest of North America
Asia-Pacific China
India
Japan
Asutralia
Rest of Asia-Pacific
Europe United Kingdom
Germany
France
Spain
Rest of Europe
South America Brazil
Argentina
Chile
Rest of South America
Middle-East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East
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Wind Turbine Gearbox Market Research FAQs

How big is the Wind Turbine Gearbox Market?

The Wind Turbine Gearbox Market size is expected to reach USD 21.65 billion in 2025 and grow at a CAGR of 8.70% to reach USD 32.86 billion by 2030.

What is the current Wind Turbine Gearbox Market size?

In 2025, the Wind Turbine Gearbox Market size is expected to reach USD 21.65 billion.

Who are the key players in Wind Turbine Gearbox Market?

Siemens Gamesa Renewable Energy SA, Winergy Group, ZF Friedrichshafen AG, Dana Brevini SpA and ME Production A/S are the major companies operating in the Wind Turbine Gearbox Market.

Which is the fastest growing region in Wind Turbine Gearbox Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Wind Turbine Gearbox Market?

In 2025, the Asia Pacific accounts for the largest market share in Wind Turbine Gearbox Market.

What years does this Wind Turbine Gearbox Market cover, and what was the market size in 2024?

In 2024, the Wind Turbine Gearbox Market size was estimated at USD 19.77 billion. The report covers the Wind Turbine Gearbox Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Wind Turbine Gearbox Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wind Turbine Gearbox Industry Report

Statistics for the 2025 Wind Turbine Gearbox market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Wind Turbine Gearbox analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Wind Turbine Gearbox Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)