风电齿轮箱产业格局加速演变

Core Insights - The Chinese wind power gearbox industry has accelerated its localization due to policy guidance, market drivers, and manufacturing advantages, with notable companies emerging that possess self-research and manufacturing capabilities [1] - China remains the world's largest wind power market, maintaining the top position in installed capacity for 15 consecutive years, with significant advancements in technological innovation and a shift from "following" to "leading" in key areas [1] - The wind turbine gearbox, crucial for converting low-speed power from wind into the ideal speed for electricity generation, has historically relied on imports, but the increasing demand and rapid technological advancements necessitate domestic production [1] Company Insights - Envision Energy, the only wind turbine manufacturer on the ranking list, has developed a complete capability from design to self-research and manufacturing of core components, showcasing its comprehensive advantages in technology innovation [2] - The projected output value of Envision's wind power gearbox in 2024 is approximately 3.8 billion yuan, with an estimated shipment of 2,700 units and a capacity exceeding 16 GW, achieving an 11% market share, making it the second-largest wind power gearbox manufacturer globally [2] - The wind power industry faces complex manufacturing processes and challenges due to the increasing size of turbines, but leading manufacturers have achieved complete autonomy in the production of wind power gearboxes, marking a critical phase in the industry's development [2]