Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182055

Cover Image

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182055

Global Wind Turbine Rotor Blade Market Size study & Forecast, by Material Type (Glass Fiber, Carbon Fiber) by Blade Size (<27 Meter, 27-37 Meter, 38-50 Meter, and >50 Meter), and Regional Analysis, 2022-2029

PUBLISHED:
PAGES:
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Unprintable PDF (Single User License)
USD 4950
Printable PDF (Enterprise License)
USD 6250

Add to Cart

Global Wind Turbine Rotor Blade Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. In terms of performance and cost of the wind power system, rotor blades are the most crucial components of a wind turbine. Performance is directly impacted by the rotor blade shape since it determines how wind kinetic energy is converted to mechanical energy (torque). The Wind Turbine Rotor Blade market is expanding because of factors such as the growing number of offshore and onshore wind energy installations across the world and strict government regulations to limit carbon emission.

In 2021, according to the GWEC, the US onshore wind industry had the second-highest annual new installations in the world, with over 12.74 GW commissioned. The anticipated phase-out of the Production Tax Credit, which directly benefits the market for onshore wind turbine rotor blades, was a major factor in the onshore wind installation in the United States since project developers had to make their deadline. Furthermore, onshore wind energy will drive the market demand in the European region to attain net-zero carbon emissions by 2030, claims WindEurope. Around 90% of wind energy, according to GWEC, is used by onshore wind energy capacity. It's anticipated that the market will be driven by the severe requirements to decrease carbon emissions and phase out conventional power systems. Thus, rising installation of onshore wind projects is catering for the growth of the market. Furthermore, technological advancements create prospects for the market for wind turbine rotor blades. However, High transportation costs and the affordability of other clean energy sources such as solar electricity, hydropower, and so on. could restrain market expansion stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Wind Turbine Rotor Blade Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these regions, Asia Pacific holds the highest share owing to factors such as rising installation of various offshore, and onshore wind projects, rising government support, and rising demand for conversion of renewable energies in the region. Furthermore, North America holds the fastest share owing to factors such as rising adoption of renewable resources and technological advancement.

Major market players included in this report are:

TPI Composites Inc.

Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.

LM Wind Power (a GE Renewable Energy business)

Nordex SE

Siemens Gamesa Renewable Energy, S.A.

Vestas Wind Systems A/S

MFG Wind

Sinoma wind power blade Co., Ltd.

Aeris Energy

Suzlon Energy Limited

Recent Developments in the Market:

  • In March 2022, Hitachi Power Solutions announced the launch of Blade Total Service, a new line of sophisticated services. By fusing AI and other digital technologies with cutting-edge drone technology, it is anticipated that the risks associated with wind power facilities, such as deterioration due to rotating blade wear and tear, stress from violent winds during typhoons, and damage caused by lightning, will be reduced.
  • In March 2021, In Teesside, in the Northeast of England, GE Renewable Energy announced plans to build a new blade manufacturing facility. This facility is run by LM Wind Power, a division of GE Renewable Energy, and its goal is to create offshore wind turbine blades that are 107 metres long.

Global Wind Turbine Rotor Blade Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Material Type, Blade Size, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Material Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material Type:

Glass Fiber

Carbon Fiber

By Blade Size:

<27 Meter

27-37 Meter

38-50 Meter

>50 Meter

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
    • 1.2.1. Wind Turbine Rotor Blade Market, by Region, 2019-2029 (USD Billion)
    • 1.2.2. Wind Turbine Rotor Blade Market, by Material Type, 2019-2029 (USD Billion)
    • 1.2.3. Wind Turbine Rotor Blade Market, by Blade Size, 2019-2029 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Wind Turbine Rotor Blade Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Wind Turbine Rotor Blade Market Dynamics

  • 3.1. Wind Turbine Rotor Blade Market Impact Analysis (2019-2029)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing offshore and onshore wind installation activities
      • 3.1.1.2. Rising government support to limit the carbon emission
    • 3.1.2. Market Challenges
      • 3.1.2.1. High Cost of Car Care Material Type
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising technological advancement
      • 3.1.3.2. Rising adoption of renewable energy

Chapter 4. Global Wind Turbine Rotor Blade Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
  • 4.4. Investment Adoption Model
  • 4.5. Analyst Recommendation & Conclusion
  • 4.6. Top investment opportunity
  • 4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the industry
  • 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Wind Turbine Rotor Blade Market, by Material Type

  • 6.1. Market Snapshot
  • 6.2. Global Wind Turbine Rotor Blade Market by Material Type, Performance - Potential Analysis
  • 6.3. Global Wind Turbine Rotor Blade Market Estimates & Forecasts by Material Type 2019-2029 (USD Billion)
  • 6.4. Wind Turbine Rotor Blade Market, Sub Segment Analysis
    • 6.4.1. Glass Fiber
    • 6.4.2. Carbon Fiber

Chapter 7. Global Wind Turbine Rotor Blade Market, by Blade Size

  • 7.1. Market Snapshot
  • 7.2. Global Wind Turbine Rotor Blade Market by Blade Size, Performance - Potential Analysis
  • 7.3. Global Wind Turbine Rotor Blade Market Estimates & Forecasts by Blade Size 2019-2029 (USD Billion)
  • 7.4. Wind Turbine Rotor Blade Market, Sub Segment Analysis
    • 7.4.1. <27 Meter
    • 7.4.2. 27-37 Meter
    • 7.4.3. 38-50 Meter
    • 7.4.4. >50 Meter

Chapter 8. Global Wind Turbine Rotor Blade Market, Regional Analysis

  • 8.1. Wind Turbine Rotor Blade Market, Regional Market Snapshot
  • 8.2. North America Wind Turbine Rotor Blade Market
    • 8.2.1. U.S. Wind Turbine Rotor Blade Market
      • 8.2.1.1. Material Type breakdown estimates & forecasts, 2019-2029
      • 8.2.1.2. Blade Size breakdown estimates & forecasts, 2019-2029
    • 8.2.2. Canada Wind Turbine Rotor Blade Market
  • 8.3. Europe Wind Turbine Rotor Blade Market Snapshot
    • 8.3.1. U.K. Wind Turbine Rotor Blade Market
    • 8.3.2. Germany Wind Turbine Rotor Blade Market
    • 8.3.3. France Wind Turbine Rotor Blade Market
    • 8.3.4. Spain Wind Turbine Rotor Blade Market
    • 8.3.5. Italy Wind Turbine Rotor Blade Market
    • 8.3.6. Rest of Europe Wind Turbine Rotor Blade Market
  • 8.4. Asia-Pacific Wind Turbine Rotor Blade Market Snapshot
    • 8.4.1. China Wind Turbine Rotor Blade Market
    • 8.4.2. India Wind Turbine Rotor Blade Market
    • 8.4.3. Japan Wind Turbine Rotor Blade Market
    • 8.4.4. Australia Wind Turbine Rotor Blade Market
    • 8.4.5. South Korea Wind Turbine Rotor Blade Market
    • 8.4.6. Rest of Asia Pacific Wind Turbine Rotor Blade Market
  • 8.5. Latin America Wind Turbine Rotor Blade Market Snapshot
    • 8.5.1. Brazil Wind Turbine Rotor Blade Market
    • 8.5.2. Mexico Wind Turbine Rotor Blade Market
  • 8.6. Rest of The World Wind Turbine Rotor Blade Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. TPI Composites Inc.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
    • 9.2.3. LM Wind Power (a GE Renewable Energy business)
    • 9.2.4. Nordex SE
    • 9.2.5. Siemens Gamesa Renewable Energy, S.A.
    • 9.2.6. Vestas Wind Systems A/S
    • 9.2.7. MFG Wind
    • 9.2.8. Sinoma wind power blade Co., Ltd.
    • 9.2.9. Aeris Energy
    • 9.2.10. Suzlon Energy Limited

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Wind Turbine Rotor Blade Market, report scope
  • TABLE 2. Global Wind Turbine Rotor Blade Market estimates & forecasts by Region 2019-2029 (USD Billion)
  • TABLE 3. Global Wind Turbine Rotor Blade Market estimates & forecasts by Material Type 2019-2029 (USD Billion)
  • TABLE 4. Global Wind Turbine Rotor Blade Market estimates & forecasts by Blade Size 2019-2029 (USD Billion)
  • TABLE 5. Global Wind Turbine Rotor Blade Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 6. Global Wind Turbine Rotor Blade Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 7. Global Wind Turbine Rotor Blade Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 8. Global Wind Turbine Rotor Blade Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 9. Global Wind Turbine Rotor Blade Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 10. Global Wind Turbine Rotor Blade Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 11. Global Wind Turbine Rotor Blade Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 12. Global Wind Turbine Rotor Blade Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 13. Global Wind Turbine Rotor Blade Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 14. Global Wind Turbine Rotor Blade Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 15. U.S. Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 16. U.S. Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 17. U.S. Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 18. Canada Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 19. Canada Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 20. Canada Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 21. UK Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 22. UK Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 23. UK Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 24. Germany Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 25. Germany Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 26. Germany Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 27. France Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 28. France Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 29. France Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 30. Italy Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 31. Italy Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 32. Italy Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 33. Spain Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 34. Spain Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 35. Spain Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 36. RoE Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 37. RoE Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 38. RoE Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 39. China Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 40. China Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 41. China Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 42. India Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 43. India Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 44. India Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 45. Japan Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 46. Japan Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 47. Japan Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 48. South Korea Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 49. South Korea Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 50. South Korea Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 51. Australia Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 52. Australia Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 53. Australia Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 54. RoAPAC Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 55. RoAPAC Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 56. RoAPAC Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 57. Brazil Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 58. Brazil Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 59. Brazil Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 60. Mexico Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 61. Mexico Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 62. Mexico Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 63. RoLA Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 64. RoLA Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 65. RoLA Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 66. Row Wind Turbine Rotor Blade Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 67. Row Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 68. Row Wind Turbine Rotor Blade Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 69. List of secondary sources, used in the study of global Wind Turbine Rotor Blade Market
  • TABLE 70. List of primary sources, used in the study of global Wind Turbine Rotor Blade Market
  • TABLE 71. Years considered for the study
  • TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

  • FIG 1. Global Wind Turbine Rotor Blade Market, research methodology
  • FIG 2. Global Wind Turbine Rotor Blade Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Wind Turbine Rotor Blade Market, key trends 2021
  • FIG 5. Global Wind Turbine Rotor Blade Market, growth prospects 2022-2029
  • FIG 6. Global Wind Turbine Rotor Blade Market, porters 5 force model
  • FIG 7. Global Wind Turbine Rotor Blade Market, pest analysis
  • FIG 8. Global Wind Turbine Rotor Blade Market, value chain analysis
  • FIG 9. Global Wind Turbine Rotor Blade Market by segment, 2019 & 2029 (USD Billion)
  • FIG 10. Global Wind Turbine Rotor Blade Market by segment, 2019 & 2029 (USD Billion)
  • FIG 11. Global Wind Turbine Rotor Blade Market by segment, 2019 & 2029 (USD Billion)
  • FIG 12. Global Wind Turbine Rotor Blade Market by segment, 2019 & 2029 (USD Billion)
  • FIG 13. Global Wind Turbine Rotor Blade Market by segment, 2019 & 2029 (USD Billion)
  • FIG 14. Global Wind Turbine Rotor Blade Market, regional snapshot 2019 & 2029
  • FIG 15. North America Wind Turbine Rotor Blade Market 2019 & 2029 (USD Billion)
  • FIG 16. Europe Wind Turbine Rotor Blade Market 2019 & 2029 (USD Billion)
  • FIG 17. Asia pacific Wind Turbine Rotor Blade Market 2019 & 2029 (USD Billion)
  • FIG 18. Latin America Wind Turbine Rotor Blade Market 2019 & 2029 (USD Billion)
  • FIG 19. Global Wind Turbine Rotor Blade Market, company Market share analysis (2021)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!