Wind Turbine Pitch Systems Market Size 2024 to 2031

Increasing demand for electricity and rising prices of fossil-fuels. The rising cost of fossil-fuels including natural gas and petroleum fuels is driving the growth of wind turbine pitch systems market. Extreme temperatures increase the demand for heating and cooling, resulting in increasing demand for electricity due to extreme weather conditions. The limited availability of crude oil and natural gas supply has facilitated manufacturers to generate electricity using wind energy. As a result, wind energy is utilized to produce electricity by converting the kinetic energy of air in motion into electricity. For instance, in August 2020, General Electric announced the construction of the largest wind turbine rotor test rig in Netherlands Technology Center. Consequently, the utilization of wind energy to generate electricity due to rising prices of fossil-fuels is accelerating the growth of wind turbine pitch systems market.

ID : IL_1334 | Language's : En/Jp/Fr/De | Publisher : IL | Format :