North America Wind Turbine Gearbox Market Forecast (2013-2025)

Year UNITED STATES CANADA MEXICO
2013 $ 559.0 $ 38.7 $ 27.5
2014 $ 591.0 $ 40.7 $ 29.0
2015 $ 628.3 $ 43.1 $ 30.7
2016 $ 667.2 $ 45.6 $ 32.5
2017 $ 707.3 $ 48.1 $ 34.4
2018 $ 748.2 $ 50.7 $ 36.2
2019 $ 791.4 $ 53.4 $ 38.2
2020 $ 838.8 $ 56.4 $ 40.4
2021 $ 890.9 $ 59.6 $ 42.8
2022 $ 947.0 $ 63.1 $ 45.3
2023 $ 1011.0 $ 67.1 $ 48.2
2024 $ 1079.6 $ 71.3 $ 51.4
2025 $ 1153.0 $ 75.8 $ 54.7
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North America Wind Turbine Gearbox Market Forecast (2013-2025)

Synopsis
The above chart is Global Wind Turbine Gearbox market [2013-2025] by North America

Market Dynamics

United states accounted for the largest market share in 2018 in the north america wind turbine gearbox market, and is expected to reach usd 1153.00 million in 2025 from usd 748.20 million in 2018.this market is projected to grow at a cagr of 6.47% during the forecast period from 2019 - 2025. onshore wind power segment accounted for the larger market share in 2018, this market is expected to reach usd 1179.40 million in 2025 from usd 769.50 million in 2018. this market is projected to grow at a cagr of 6.39% during the forecast period from 2019 - 2025. however, offshore wind power segment is the fastest growing market, which is expected to grow at a cagr of 6.91% during the forecast period 2019 - 2025. 1 5 3 mw segment accounted for the largest market share in 2018, this market is expected to reach usd 623.30 million in 2025 from usd 397.00 million in 2018. this market is projected to grow at a cagr of 6.76% during the forecast period from 2019 - 2025. however, 1 5 3 mw segment is the fastest growing market, which is expected to grow at a cagr of 6.76% during the forecast period 2019 - 2025. main gearbox segment accounted for the largest market share in 2018, this market is expected to reach usd 780.30 million in 2025 from usd 508.50 million in 2018. this market is projected to grow at a cagr of 6.41% during the forecast period from 2019 - 2025. however, yaw gearbox segment is the fastest growing market, which is expected to grow at a cagr of 6.54% during the forecast period 2019 - 2025. new segment accounted for the larger market share in 2018, this market is expected to reach usd 1022.30 million in 2025 from usd 667.70 million in 2018. this market is projected to grow at a cagr of 6.37% during the forecast period from 2019 - 2025. however, replacement segment is the fastest growing market, which is expected to grow at a cagr of 6.66% during the forecast period 2019 - 2025.

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