Expanded Metal Foils Market Size for Wind Turbine Blades Lightning Protection, By Wind Turbine Type (Horizontal-axis, Vertical-axis), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022

Description

List of Tables

The expanded metal foils market for wind turbine blades lightning protection is poised to exhibit steady growth by 2030 owing to growing product demand for protection of wind turbine blades from lightning striking. In addition, rapid research & development in the field of expanded metal foils is likely to further boost market growth over the forecast period.

Blades of wind turbines are primarily made of fiberglass-reinforced polyester or epoxy that usually pile up in landfills at the end of their lifecycles. With growing environmental concerns, continuous inventions in expanded metal foils have extended blade lives as well as enhanced the working capacity and recyclability of these blades.

During the COVID-19 outbreak, the industry observed a decline in product penetration attributed to the disruption in the supply chain on account of global lockdowns. However, relaxations in lockdowns created new opportunities for companies working in the expanded metal foils industry due to rising electricity demand in key regions, propelling business growth.

Moreover, major participants in the expanded metal foils market for wind turbine blades lightning protection have been focusing on rigorous product advancements and strategic initiatives to maintain a steady position in the industry. For instance, in April 2021, Engineered Specialities Inc. (ESI), a metal stamping expert, launched CThru Metals, its new metal forming & manufacturing division. The division focuses on the production of expanded metal mesh foils and high-quality metals, among other products.

To cite another instance, in August 2021, scientists at the National Renewable Energy Laboratory, in partnership with two energy firms General Electric and LM Wind Power, developed a thermal welding technology that can help revert 80% of electric current arising from lightning strikes, protecting the blade of the wind turbine.

The expanded metal foils market for wind turbine blades lightning protection has been bifurcated on the basis of type and region.

In terms of type, the industry has been split into vertical-axis and horizontal-axis. The horizontal-axis segment accounted for roughly 89.4% market share in 2021. Currently, horizontal-axis wind turbines have the highest efficacy and can convert 40-50% of wind power they receive into electricity.

Meanwhile, the expanded metal foils industry for wind turbine blades lightning protection share from the vertical-axis segment is set to grow at a CAGR of about 12.9% over the review timeline. Vertical-axis turbines can produce electricity in any wind direction. Furthermore, it has a low production cost compared to horizontal-axis wind turbines, which is set to stimulate product uptake.

On the regional spectrum, the Latin America expanded metal foils market for wind turbine blades lightning protection contributed to around 4% of the overall industry revenue in 2021 and is slated to grow at above 12.8% CAGR between 2022 and 2028. Moreover, several initiatives taken by governments to promote the use of sustainable products and services in the Middle East & Africa region are projected to augment the growth of the MEA expanded metal foils industry for wind turbine blades lightning protection through the forecast timespan.

Product Code: 5286

Chapter 1 Methodology and Scope

1.1 Scope & definition
1.2 Methodology and forecast parameters
1.3 Region-wise COVID-19 impact
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 Middle East & Africa
1.4 Regional trends
1.5 Data Sources
- 1.5.1 Primary
- 1.5.2 Secondary

Chapter 2 Executive Summary

2.1 Expanded metal foils market for wind turbine blades lightning protection industry 360 degree synopsis, 2018 - 2030
- 2.1.1 Business trends
- 2.1.2 Wind turbine type trends
- 2.1.3 Regional trends

Chapter 3 Expanded Metal Foils Market for Wind Turbine Blades Lightning Protection Industry Insights

3.1 Introduction
3.2 Industry size and forecast, 2018 - 2030
- 3.2.1 Impact of COVID-19 outbreak
3.3 Industry ecosystem analysis
- 3.3.1 Supplier
- 3.3.2 Manufacturer
- 3.3.3 Profit margin analysis
- 3.3.4 Value addition
- 3.3.5 Distribution channel analysis
- 3.3.6 Value chain disruption analysis (COVID 19 impact)
- 3.3.7 Vendor matrix
3.4 Raw material analysis
3.5 Technology landscape
3.6 Regulatory landscape
- 3.6.1 U.S.
- 3.6.2 Europe
- 3.6.3 China
3.7 Industry impact forces
- 3.7.1 Growth driver
  - 3.7.1.1 Growing use of wind turbines for clean energy production
  - 3.7.1.2 Government policies promoting the use of wind turbines as a sustainable energy resource
- 3.7.2 Industry pitfalls & challenges
  - 3.7.2.1 Noise and vibration caused by wind turbine
3.8 Innovation & sustainability
- 3.8.1 Patent analysis
3.9 Growth potential analysis, 2021
3.10 Cost structure analysis
3.11 Porter's analysis
- 3.11.1 Supplier power
- 3.11.2 Buyer power
- 3.11.3 Threat of new entrants
- 3.11.4 Industry rivalry
- 3.11.5 Threat of substitutes
3.12 PESTEL analysis

Chapter 4 Competitive Landscape

4.1 Introduction
4.2 Top player's positioning, 2021
4.3 Strategic dashboard

Chapter 5 Expanded Metal Foils Market for Wind Turbine Blades Lightning Protection, By Wind Turbine Type

5.1 Global expanded metal foils market for wind turbine blades lightning protection share, by wind turbine type, 2021 & 2030
5.2 Horizontal-axis
- 5.2.1 Market estimates and forecast, 2018 - 2030
- 5.2.2 Market estimates and forecast, by region, 2018 - 2030
5.3 Vertical-axis
- 5.3.1 Market estimates and forecast, 2018 - 2030
- 5.3.2 Market estimates and forecast, by region, 2018 - 2030

Chapter 6 Expanded Metal Foils Market for Wind Turbine Blades Lightning Protection, By Region

6.1 Global expanded metal foils market for wind turbine blades lightning protection share, by region, 2021 & 2030
6.2 North America
- 6.2.1 Market estimates and forecast, 2018 - 2030
- 6.2.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.2.3 U.S.
  - 6.2.3.1 Market estimates and forecast, 2018 - 2030
  - 6.2.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.2.4 Canada
  - 6.2.4.1 Market estimates and forecast, 2018 - 2030
  - 6.2.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
6.3 Europe
- 6.3.1 Market estimates and forecast, 2018 - 2030
- 6.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.3 Germany
  - 6.3.3.1 Market estimates and forecast, 2018 - 2030
  - 6.3.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.4 UK
  - 6.3.4.1 Market estimates and forecast, 2018 - 2030
  - 6.3.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.5 France
  - 6.3.5.1 Market estimates and forecast, 2018 - 2030
  - 6.3.5.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.6 Italy
  - 6.3.6.1 Market estimates and forecast, 2018 - 2030
  - 6.3.6.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.7 Spain
  - 6.3.7.1 Market estimates and forecast, 2018 - 2030
  - 6.3.7.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.8 Poland
  - 6.3.8.1 Market estimates and forecast, 2018 - 2030
  - 6.3.8.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.9 Russia
  - 6.3.9.1 Market estimates and forecast, 2018 - 2030
  - 6.3.9.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.10 Netherlands
  - 6.3.10.1 Market estimates and forecast, 2018 - 2030
  - 6.3.10.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.3.11 Sweden
  - 6.3.11.1 Market estimates and forecast, 2018 - 2030
  - 6.3.11.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
6.4 Asia Pacific
- 6.4.1 Market estimates and forecast, 2018 - 2030
- 6.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.3 China
  - 6.4.3.1 Market estimates and forecast, 2018 - 2030
  - 6.4.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.4 India
  - 6.4.4.1 Market estimates and forecast, 2018 - 2030
  - 6.4.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.5 Japan
  - 6.4.5.1 Market estimates and forecast, 2018 - 2030
  - 6.4.5.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.6 South Korea
  - 6.4.6.1 Market estimates and forecast, 2018 - 2030
  - 6.4.6.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.7 Singapore
  - 6.4.7.1 Market estimates and forecast, 2018 - 2030
  - 6.4.7.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.4.8 Australia
  - 6.4.8.1 Market estimates and forecast, 2018 - 2030
  - 6.4.8.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
6.5 Latin America
- 6.5.1 Market estimates and forecast, 2018 - 2030
- 6.5.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.5.3 Brazil
  - 6.5.3.1 Market estimates and forecast, 2018 - 2030
  - 6.5.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.5.4 Mexico
  - 6.5.4.1 Market estimates and forecast, 2018 - 2030
  - 6.5.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.5.5 Argentina
  - 6.5.5.1 Market estimates and forecast, 2018 - 2030
  - 6.5.5.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
6.6 Middle East & Africa (MEA)
- 6.6.1 Market estimates and forecast, 2018 - 2030
- 6.6.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.6.3 Saudi Arabia
  - 6.6.3.1 Market estimates and forecast, 2018 - 2030
  - 6.6.3.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.6.4 UAE
  - 6.6.4.1 Market estimates and forecast, 2018 - 2030
  - 6.6.4.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.6.5 South Africa
  - 6.6.5.1 Market estimates and forecast, 2018 - 2030
  - 6.6.5.2 Market estimates and forecast, by wind turbine type, 2018 - 2030
- 6.6.6 Qatar
  - 6.6.6.1 Market estimates and forecast, 2018 - 2030
  - 6.6.6.2 Market estimates and forecast, by wind turbine type, 2018 - 2030

Chapter 7 Company Profiles

7.1 Niles International
- 7.1.1 Business Overview
- 7.1.2 Financial Data
- 7.1.3 Product Landscape
- 7.1.4 Strategic Outlook
- 7.1.5 SWOT Analysis
7.2 CThru Metals
- 7.2.1 Business Overview
- 7.2.2 Financial Data
- 7.2.3 Product Landscape
- 7.2.4 Strategic Outlook
- 7.2.5 SWOT Analysis
7.3 Dexmet Corporation
- 7.3.1 Business Overview
- 7.3.2 Financial Data
- 7.3.3 Product Landscape
- 7.3.4 Strategic Outlook
- 7.3.5 SWOT Analysis
7.4 Wallner Expac
- 7.4.1 Business Overview
- 7.4.2 Financial Data
- 7.4.3 Product Landscape
- 7.4.4 Strategic Outlook
- 7.4.5 SWOT Analysis
7.5 Alabama Metal Industries Corporation (AMICO)
- 7.5.1 Business Overview
- 7.5.2 Financial Data
- 7.5.3 Product Landscape
- 7.5.4 Strategic Outlook
- 7.5.5 SWOT Analysis
7.6 New Metals, Inc.
- 7.6.1 Business Overview
- 7.6.2 Financial Data
- 7.6.3 Product Landscape
- 7.6.4 Strategic Outlook
- 7.6.5 SWOT Analysis
7.7 Yilida Metal Wire Mesh Co., Ltd.
- 7.7.1 Business Overview
- 7.7.2 Financial Data
- 7.7.3 Product Landscape
- 7.7.4 Strategic Outlook
- 7.7.5 SWOT Analysis