Wind Automation Market Size, Share, Growth, and Industry Analysis, By Type (DCS, SCADA, PLC), By Application (Agriculture, Aviation, Oil and Gas, Marine, Transport and Logistics, Renewables, Others), Regional Insights and Forecast to 2031

Updated On: 22 April 2024

Wind Automation Market Report Overview

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The global wind automation market size was USD 3751.5 million in 2022. As per our research, the market is expected to reach USD4801.9 million by 2028, exhibiting a CAGR of 4.2% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with the wind automation market experiencing lower-than-anticipated demand during the pandemic compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.

Wind automation refers to a suite of technologies and solutions aimed at enhancing the performance and efficiency of wind turbines. These technologies include distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, and programmable logic controllers (PLC). They play a pivotal role in optimizing wind turbine operations, ensuring safety, and maximizing energy generation. This automation technology is instrumental in monitoring wind turbines in real-time, enabling predictive maintenance, and enhancing overall operational control.

The wind automation market growth is attributed to several key factors. Firstly, there is a surge in demand for renewable energy sources to combat climate change, with wind energy being a prominent player. Governments worldwide are enacting supportive policies and incentives to encourage the development of wind power projects, which is expected to drive the demand for automation solutions. Secondly, the rising complexity of modern wind turbines necessitates advanced automation technologies to ensure their effective operation. These turbines are designed to function in challenging environments and generate higher electricity levels, making automation crucial for their efficient management and maintenance. As a result, the market is experiencing steady growth, fueled by these compelling factors.

COVID-19 Impact: Demand Declined Due to Supply Chain Disruptions and Reduced Electricity Consumption

The COVID-19 pandemic had a profound impact on this market, primarily resulting in a decline in demand. Supply chain disruptions emerged as a prominent issue during this period, hampering the wind turbine manufacturing process. Obtaining essential components for wind turbines became increasingly challenging, leading to significant delays in the construction and commissioning of new wind farms. These disruptions had a ripple effect, affecting the entire value chain of the wind energy sector and impeding its growth.

Additionally, the pandemic-induced lockdowns and restrictions led to reduced demand for electricity. With businesses temporarily closing and people staying home, the overall need for new wind power generation capacity dwindled. This decline in demand created a challenging environment for the wind automation market, as it heavily relies on the expansion of wind energy projects to thrive.

Moreover, the financial uncertainty brought about by the pandemic contributed to the market's challenges. Investors became more cautious and risk-averse, making them less inclined to invest in new wind energy projects. This reluctance to allocate capital to renewable energy initiatives posed a hurdle to this market's growth during the pandemic.

Latest Trends

"Adoption of Digital Twins and Virtual Replicas to Test Automation Solutions and Operating Strategies"

The wind automation market is experiencing a significant trend with the increasing adoption of digital twins and virtual replicas of physical wind turbine systems. These digital counterparts offer numerous advantages, such as risk reduction by allowing operators to test new automation solutions and operating strategies in a virtual environment before implementation. This minimizes the risk of costly failures. Additionally, digital twins improve operational efficiency by simulating wind turbine and wind farm performance under various conditions, helping operators identify and address potential issues beforehand. They also offer cost-saving opportunities, including optimizing maintenance schedules and energy consumption reduction strategies.

Several companies are developing digital twin solutions for this market. For example, GE Renewable Energy has introduced “Brilliant Wind,” a digital twin platform that leverages real-time data from wind turbines to create virtual representations of wind farms, facilitating the simulation of wind farm performance and early issue detection. Siemens, another major player, has developed “WindFloat,” a digital twin platform to simulate the performance of floating wind turbines and wind farms, optimizing design and maintenance strategies.

Wind Automation Market Segmentation

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•  By Type Analysis

According to type, the market can be segmented into DCS, SCADA, and PLC. Among these, SCADA systems are dominating the market due to their critical role in monitoring and controlling wind turbine operations.

• By Application Analysis

Based on application, the market can be divided into agriculture, aviation, oil and gas, marine, transport and logistics, renewables, and others. The renewable energy segment holds a significant share of the market, driven by the global shift towards clean energy sources.

Driving Factors

"Growing Demand for Renewable Energy to Boost Market Growth "

One of the primary driving forces behind the wind automation market's growth is the surging global demand for renewable energy sources. This heightened emphasis on reducing greenhouse gas emissions and transitioning towards cleaner energy alternatives has propelled wind energy into the spotlight. Wind power, celebrated for its sustainability and environmental friendliness, is experiencing significant investments and robust expansion on a global scale.

"Elevated Complexity of Wind Turbines to Raise Automation Solutions Demand"

A pivotal factor spurring this market is the escalating complexity of modern wind turbines. These state-of-the-art turbines are increasingly intricate and technologically advanced, designed to operate efficiently in challenging environments while generating higher levels of electricity. Such heightened intricacy necessitates the adoption of sophisticated automation solutions by operators for the effective management and maintenance of these complex systems. Consequently, this demand surge for automation technologies is propelling the growth of the wind automation market.

Restraining Factors

"High Cost of Automation Solutions to Impede Adoption and Slow Market Growth"

A significant restraining factor for this market is the high cost associated with wind automation solutions. These solutions often come with a substantial price tag, including expenses related to hardware such as sensors, controllers, and actuators, software including operating systems and maintenance software, and installation costs, which can be elevated due to the remote and challenging locations of wind turbines. This financial burden, which can reach hundreds of thousands of dollars for a typical wind turbine automation system, poses a significant challenge, particularly for smaller wind turbine operators. Limited financial resources can hinder their ability to invest in these solutions, potentially slowing down the broader adoption of these automation technologies and impeding the market's growth.

Wind Automation Market Regional Insights

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"North America Leads Due to Its Established Renewable Energy Sector and Supportive Government Policies"

North America commands the largest wind automation market share, primarily owing to its robust and well-established renewable energy sector, which has garnered widespread recognition for its sustainable practices. The region's ascendancy is further fortified by a suite of supportive government policies explicitly designed to foster the growth of wind energy projects. These policies create an environment conducive to investment and innovation, facilitating the expansion of these automation technologies. Furthermore, North America boasts a formidable presence of key industry players, whose expertise and investments play a pivotal role in solidifying the region's market dominance. This confluence of factors positions North America at the forefront of the global automation landscape, with a commanding share of the market.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• ABB (Switzerland)
• Emerson (U.S.)
• Schneider Electric (France)
• Siemens (Germany)
• Bachmann (Austria)
• Bonfiglioli (Italy)
• General Electric (U.S.)
• Honeywell (U.S.)
• Mitsubishi Electric (Japan)
• Omron (Japan)
• Regal Beloit (U.S.)
• Rockwell Automation (U.S.)
• Vestas (Denmark)
• Yokogawa (Japan)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.