Boston, MA -- (SBWire) -- 07/19/2017 --Condition monitoring is a tool that monitors the health of the components of a turbine and related electrical systems. It helps wind farm owners and operators by predicting maintenance issues, which helps in replacements of components only when necessary.

Condition monitoring systems (CMS) for wind power generators enable the early detection of component deterioration using parameters, such as vibration and temperature, and thus prevent more damage; they also enable the immediate ordering of replacement components for increased uptime. In addition, maintenance costs can be saved since wind turbines are monitored remotely, reducing the need for site visits.

Get More Details on this Report and a Full Table of Contents at Global Wind Turbine Monitoring Systems Market 2017-2021

Technavio's analysts forecast the global wind turbine monitoring systems market to grow at a CAGR of 16.88% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global wind turbine monitoring systems market for 2017-2021. To calculate the market size, the report considers the new installations and exclude replacement markets.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Wind Turbine Monitoring Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-General Electric,
-Romax Technology,
-Strainstall,
-SKF
-Siemens

Other prominent vendors

-Advantech
-Alleantia
-Allianz
-American Superconductor
-Ammonit Measurement
-Bruel & Kjaer Vibro
-Electrotek Concepts
-Greenbyte
-Guralp Systems
-Hansford Sensors
-HBM
-ifm electronic
-InnoEnergy
-National Instruments
-NRG Systems
-Premier Farnell
-Pure Energy Centre

Market driver

-Rise in wind energy consumption
-For a full, detailed list, view our report

Market challenge

-False alarms cast doubts on the reliability of turbine parts
-For a full, detailed list, view our report

Market trend

-Rising patent filings
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: General Electric, Romax Technology, Strainstall, SKF, Siemens. Advantech, Alleantia, Allianz, American Superconductor, Ammonit Measurement, Bruel & Kjaer Vibro, Electrotek Concepts, Greenbyte, Guralp Systems, Hansford Sensors, HBM, ifm electronic, InnoEnergy, National Instruments, NRG Systems, Premier Farnell, Pure Energy Centre

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Alternative Energy research reports at Fast Market Research

You may also be interested in these related reports:

-Wind Turbine Towers, Update 2016 - Global Market Size, Average Price, Competitive Landscape and Key Country Analysis to 2020
-Wind Power Market, Update 2016 - Global Market Size, Average Price, Turbine Market Share and Key Country Analysis to 2025
-Global Wind Turbine Gear Oil Market 2016-2020
-Global Wind Turbine Generator Market 2017-2021
-Global Wind Operations and Maintenance Market Review