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The wind turbine automation market has witnessed robust growth, increasing from $14.16 billion in 2023 to $15.56 billion in 2024, with a CAGR of 9.9%. Innovation in automation technology, cost reduction initiatives, scaling of wind energy capacity, regulatory support, and safety standards emphasis have fueled this growth. Looking ahead, the market is projected to reach $21.03 billion by 2028, with a CAGR of 7.8%. Integration of automation with digitalization and IoT, AI advancements for wind turbines, hybrid renewable energy system adoption, energy storage integration, and offshore wind farm automation will drive this growth. Major trends include autonomous operations, predictive maintenance, edge computing, cybersecurity solutions, and grid management integration.

The wind turbine automation market is set for expansion fueled by the increasing adoption of wind energy, known for its sustainability and cost-effectiveness in electricity generation. Wind turbine automation enhances operational efficiency, reliability, and safety by monitoring, scheduling maintenance, detecting faults, and optimizing turbine performance. Notably, the International Energy Agency reported a significant surge in wind-generated electricity in 2022, marking a 14% increase from 2021, positioning wind energy as the leading non-hydro renewable technology and driving the growth of the wind turbine automation market.

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What Are The Key Trends That Influence Wind Turbine Automation Market Share Analysis?

Companies in the wind turbine automation market are leveraging strategic partnerships to drive product development and market positioning. A notable example is ABB Ltd., a Swiss automation company, which partnered with US-based software firm WindESCo Inc. in September 2023. This collaboration involves ABB acquiring a minority stake in WindESCo to enhance its wind energy portfolio. By integrating WindESCo’s digital solutions, the partnership aims to improve turbine performance and reliability, offering end-to-end solutions that optimize electrical system efficiency and expand digital service offerings.

Which Market Players Are Driving Growth In The Wind Turbine Automation Market?

Major companies operating in the market areSiemens AG, General Electric, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Eaton Corporation, Parker Hannifin Corporation, Vestas Wind Systems A/S, Emerson Electric Co., Danfoss, Rockwell Automation Inc., Nordex SE, Omron Corporation, Fanuc Corporation, Enercon GmbH, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Moog Inc., Suzlon Energy Limited, Axiomtek, Bachmann electronic GmbH, Inox Wind, Prima Automation

How Is The Global Wind Turbine Automation Market Segmented?

The wind turbine automation market covered in this report is segmented –

1) By System: Supervisory Control And Data Acquisition (SCADA) Systems, Programmable Logic Controllers (PLC) Systems, Distributed Control Systems (DCS), Condition Monitoring Systems (CMS), Other Systems
2) By Component: Hardware, Software, Services
3) By Application: Offshore Wind Power Generation, Onshore Wind Power Generation, Other Applications

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The Wind Turbine Automation Global Market Report 2024 provides an overview of the wind turbine automationmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wind turbine automation market forecast analyzes wind turbine automation market size, wind turbine automation market share, leading competitor and their market positions.

The Table Of Content For The Wind Turbine Automation Market Include

1. Wind Turbine Automation Market Executive Summary
2. Wind Turbine Automation Market Segments
3. Wind Turbine Automation Market Size And Template Market Growth Rate
4.  Key Wind Turbine Automation Market Trends
5. Major Wind Turbine Automation Market Drivers
……
25. Key Mergers And Acquisitions In The Wind Turbine Automation Market
26. Top Wind Turbine Automation Companies
27. Wind Turbine Automation Market Opportunities And Strategies
28. Wind Turbine Automation Market, Conclusions And Recommendations
29. Appendix

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