智研咨询发布：风电齿轮箱行业市场动态分析、发展方向及投资前景分析报告

Core Viewpoint - The wind turbine gearbox, essential for converting low-speed rotational energy from wind blades into high-speed rotation for electricity generation, is projected to reach a market size of approximately 32.645 billion yuan in China by 2024 [2]. Industry Policies - The wind power industry has become a focal point for government attention, with various policies introduced to support its development, including the promotion of large-capacity offshore wind turbine equipment and related components [6][7]. - Specific policies include the "Implementation Plan for Accelerating the Breakthrough of Six New Manufacturing Industries" issued by the Henan Provincial Government, aimed at enhancing the supply level of wind turbine components [7]. Development History - The development of China's wind turbine gearbox industry has evolved from initial exploration in the late 1950s to rapid growth in the 21st century, driven by government support and increasing installed capacity [8][9]. - The industry has transitioned through stages of initial development, technology introduction, and rapid growth, with significant improvements in design, manufacturing, and testing technologies [9]. Industry Barriers - Financial Barriers: The manufacturing of wind turbine gearboxes requires substantial investment in heavy and precise equipment, leading to significant financial barriers due to high initial costs and long product development cycles [10][11]. - Technical Barriers: The design and manufacturing processes involve complex technologies, requiring compliance with strict industry standards and certifications for market entry [12]. - Brand Barriers: Reliability is crucial in the wind power sector, making brand reputation a significant factor for market expansion, as product failures can lead to severe operational risks [13]. Industry Chain - The upstream of the wind turbine gearbox industry chain includes raw materials and components such as steel, alloy materials, and bearings, which directly affect the strength and durability of the gearboxes [14]. - The midstream involves the production and manufacturing of gearboxes, while the downstream consists of wind turbine manufacturers that integrate these gearboxes into complete wind power generation systems [14].