The global wind turbine gearbox repair and refurbishment market value stood at 1.6 billion U.S. dollars in 2023 and is forecast to reach 2.1 billion U.S. dollars in 2031. In the latter year, onshore wind turbines are projected to account for roughly 90 percent of the market.
More information about the global wind turbine gearbox repair and refurbishment market can be found here.
Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031
(in million U.S. dollars)
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Extrapolate. (March 13, 2024). Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/
Extrapolate. "Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars)." Chart. March 13, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/
Extrapolate. (2024). Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/
Extrapolate. "Value of The Onshore and Offshore Wind Turbine Gearbox Repair and Refurbishment Market from 2021 to 2023, with a Forecast until 2031 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/
Extrapolate, Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/ (last visited January 08, 2025)
Value of the onshore and offshore wind turbine gearbox repair and refurbishment market from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph], Extrapolate, March 13, 2024. [Online]. Available: https://www.statista.com/statistics/1457565/global-market-size-onshore-offshore-wind-turbine-gearbox-repair-refurbishment/