WindarPhotonics AnnualReport 2018 All - Flipbook - Page 14
WindVISION™- The OEM Market
WindVISIONTM can be integrated into the design of a wind
turbine and represents Windar Photonics’ solution tailored
to the Original Equipment Manufacturing (OEM) market.
Windar delivers its product to 6 out of 10 OEMs and is focused on increasing
this in the future in order to strengthen its recurring revenues. With 23-25,000
wind turbines manufactured across the world per year, this represents a
significant market opportunity for Windar Photonics. The addition of wake
detection functionality during the year under review, combined with the
product’s general features, has created increasing interest within this market
segment. Several new and important OEM projects started during the year.
Integration projects for WindVISIONTM are already ongoing with the majority
of the top 10 global OEMs. With 23-25,000 wind turbines manufactured across
the world per year, this represents a significant market opportunity for Windar
Photonics. The addition of wake detection functionality during the year under
review, combined with the product’s general features, has created increasing
interest within this market segment. Several new and important OEM projects
started during the year.
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Windar Photonics - Annual Report and Accounts 2018