The market for wind turbine pitch and yaw drives is anticipated to expand significantly, reaching an estimated USD 13.62 billion by 2032, according to SNS Insider. This growth follows a valuation of USD 7.64 billion in 2024, indicating a compound annual growth rate (CAGR) of 7.54% from 2025 to 2032.
In the United States, the wind turbine pitch and yaw drive market is expected to achieve a value of USD 1.72 billion by 2032, with a CAGR of 7.10%. Several factors are driving this growth, including the need to replace older turbines, advancements in drive system technology, grid modernization, and supportive federal and state regulations that promote decarbonization and the adoption of wind energy.
Globally, the increase in wind energy projects is a direct response to carbon emission reduction objectives, propelling the wind turbine pitch and yaw drive industry forward. Both offshore and onshore wind turbine installations are gaining momentum due to attractive governmental policies, tax incentives, and renewable energy targets.
The report highlights significant trends in the market, particularly the shift towards electric pitch and yaw drive systems for next-generation turbines. As technology enhances reliability, efficiency, and safety, electric drives have become the focal point for future developments.
The market segmentation reveals that the >3000 W segment dominated in 2024, holding a 67.2% market share, primarily due to the deployment of larger capacity turbines in offshore and high-capacity onshore installations. The segment for turbines with capacities between 1000 W and 3000 W is expected to experience the fastest growth, driven by rising demand for cost-effective medium-sized turbines suitable for onshore wind farms.
In terms of pitch systems, electric drive systems accounted for 57.4% of the market share in 2024, with expectations of rapid growth in the coming years, owing to their advantages over hydraulic and mechanical systems, such as increased efficiency and reduced maintenance costs.
By size, medium-sized turbines captured a 46.6% share of the market in 2024, fueled by the demand for turbines that maximize efficiency at lower costs. However, large turbines are projected to see the highest CAGR from 2025 to 2032, correlating with a shift towards offshore wind farms and major renewable energy initiatives.
Onshore wind farms represented the largest market share at 71.5% in 2024, primarily due to their lower construction and operational costs compared to offshore farms. Nevertheless, offshore installations are expected to exhibit the highest growth rate in the coming years, attributed to their ability to harness higher and more consistent wind speeds, leading to greater energy generation potential.
Regionally, Europe led the market with a 37.7% share in 2024, supported by strong renewable energy objectives and regulatory frameworks. The Asia Pacific region is projected to experience the highest CAGR of 8.4% from 2025 to 2032, driven by investments in renewable energy infrastructure and supportive government policies.
In recent developments, UKA has ordered 80 turbines from the Nordex Group for various projects across Germany, with a total capacity of 540 MW. Additionally, in April 2025, GE Vernova and BBWind finalized an agreement to supply onshore wind turbines for community projects in Germany.
The SNS Insider report also provides insights into the global installed base, OEM capacity utilization rates, supply chain performance, drive system reliability, and trends in technological improvements, all crucial for understanding the dynamics of the wind turbine pitch and yaw drive market.
