Wind Turbine Yaw and Pitch Gearbox Market Insights Video

According to Cognitive Market Research, the global Wind Turbine Yaw and Pitch Gearbox market size was USD 1449.8 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 340.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 255.45 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 195.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 42.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 17.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
• Offshore wind turbines are the most rapidly developing category in the Wind Turbine Yaw and Pitch Gearbox Market