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Market Research Report

Global Wind Turbine Components Market 2021-2025

Published by TechNavio (Infiniti Research Ltd.) Product code 987813
Published Content info 120 Pages
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Global Wind Turbine Components Market 2021-2025
Published: February 5, 2021 Content info: 120 Pages
Description

Technavio has been monitoring the wind turbine components market and it is poised to grow by $ 27.72 bn during 2021-2025, progressing at a CAGR of 5% during the forecast period. Our report on wind turbine components market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rapid growth of global wind power market, rising investments in clean sources of energy, and presence of regulations that encourage power generation from renewable sources. In addition, rapid growth of global wind power market is anticipated to boost the growth of the market as well.

The wind turbine components market analysis includes application segment, product segment and geographical landscapes.

Technavio's wind turbine components market is segmented as below:

By Application

  • Onshore
  • Offshore

By Geographical Landscapes

  • APAC
  • Europe
  • North America
  • South America
  • MEA

By Product

  • Wind turbine towers
  • Wind turbine rotor blades
  • Wind turbine gearboxes
  • Wind turbine generators
  • Others

This study identifies the consistently declining cost of wind power as one of the prime reasons driving the wind turbine components market growth during the next few years. Also, advent of wind-solar hybrid plants with battery storage, and popularity of offshore wind farms will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on wind turbine components market covers the following areas:

  • Wind turbine components market sizing
  • Wind turbine components market forecast
  • Wind turbine components market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wind turbine components market vendors that include Dongfang Electric Corp., General Electric Co., ISHIBASHI Manufacturing Co. Ltd., Mingyang Smart Energy Group Co. Ltd., Siemens AG, Sinoma Science & Technology Co. Ltd., Suzlon Energy Ltd., Vestas Wind System AS, Xinjiang Goldwind Science & Technology Co. Ltd., and ZF Friedrichshafen AG. Also, the wind turbine components market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents
Product Code: IRTNTR70093

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020-2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Onshore - Market size and forecast 2020-2025
  • Offshore - Market size and forecast 2020-2025
  • Market opportunity by Application

Market Segmentation by Product

  • Market segmentation by product
  • Wind turbine towers
  • Wind turbine rotor blades
  • Wind turbine gearboxes
  • Wind turbine generators
  • Others

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Dongfang Electric Corp.
  • General Electric Co.
  • ISHIBASHI Manufacturing Co. Ltd.
  • Mingyang Smart Energy Group Co. Ltd.
  • Siemens AG
  • Sinoma Science & Technology Co. Ltd.
  • Suzlon Energy Ltd.
  • Vestas Wind System AS
  • Xinjiang Goldwind Science & Technology Co. Ltd.
  • ZF Friedrichshafen AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Parent market
  • 9: Market characteristics
  • 10: Offerings of vendors included in the market definition
  • 11: Market segments
  • 12: Global - Market size and forecast 2020 - 2025 ($ billion)
  • 13: Global market: Year-over-year growth 2020 - 2025 (%)
  • 14: Five forces analysis 2020 & 2025
  • 15: Bargaining power of buyers
  • 16: Bargaining power of suppliers
  • 17: Threat of new entrants
  • 18: Threat of substitutes
  • 19: Threat of rivalry
  • 20: Market condition - Five forces 2020
  • 21: Application - Market share 2020-2025 (%)
  • 22: Comparison by Application
  • 23: Onshore - Market size and forecast 2020-2025 ($ billion)
  • 24: Onshore - Year-over-year growth 2020-2025 (%)
  • 25: Offshore - Market size and forecast 2020-2025 ($ billion)
  • 26: Offshore - Year-over-year growth 2020-2025 (%)
  • 27: Market opportunity by Application
  • 28: Customer landscape
  • 29: Market share by geography 2020-2025 (%)
  • 30: Geographic comparison
  • 31: APAC - Market size and forecast 2020-2025 ($ billion)
  • 32: APAC - Year-over-year growth 2020-2025 (%)
  • 33: Europe - Market size and forecast 2020-2025 ($ billion)
  • 34: Europe - Year-over-year growth 2020-2025 (%)
  • 35: North America - Market size and forecast 2020-2025 ($ billion)
  • 36: North America - Year-over-year growth 2020-2025 (%)
  • 37: South America - Market size and forecast 2020-2025 ($ billion)
  • 38: South America - Year-over-year growth 2020-2025 (%)
  • 39: MEA - Market size and forecast 2020-2025 ($ billion)
  • 40: MEA - Year-over-year growth 2020-2025 (%)
  • 41: Key leading countries
  • 42: Market opportunity by geography ($ billion)
  • 43: Impact of drivers and challenges
  • 44: Vendor landscape
  • 45: Landscape disruption
  • 46: Industry risks
  • 47: Vendors covered
  • 48: Market positioning of vendors
  • 49: Dongfang Electric Corp. - Overview
  • 50: Dongfang Electric Corp. - Product and service
  • 51: Dongfang Electric Corp. - Key offerings
  • 52: Dongfang Electric Corp. - Key customers
  • 53: Dongfang Electric Corp. - Segment focus
  • 54: General Electric Co. - Overview
  • 55: General Electric Co. - Business segments
  • 56: General Electric Co. - Key offerings
  • 57: General Electric Co. - Key customers
  • 58: General Electric Co. - Segment focus
  • 59: ISHIBASHI Manufacturing Co. Ltd. - Overview
  • 60: ISHIBASHI Manufacturing Co. Ltd. - Product and service
  • 61: ISHIBASHI Manufacturing Co. Ltd. - Key offerings
  • 62: ISHIBASHI Manufacturing Co. Ltd. - Key customers
  • 63: ISHIBASHI Manufacturing Co. Ltd. - Segment focus
  • 64: Mingyang Smart Energy Group Co. Ltd. - Overview
  • 65: Mingyang Smart Energy Group Co. Ltd. - Business segments
  • 66: Mingyang Smart Energy Group Co. Ltd. - Key offerings
  • 67: Mingyang Smart Energy Group Co. Ltd. - Key customers
  • 68: Mingyang Smart Energy Group Co. Ltd. - Segment focus
  • 69: Siemens AG - Overview
  • 70: Siemens AG - Business segments
  • 71: Siemens AG - Key offerings
  • 72: Siemens AG - Key customers
  • 73: Siemens AG - Segment focus
  • 74: Sinoma Science & Technology Co. Ltd. - Overview
  • 75: Sinoma Science & Technology Co. Ltd. - Product and service
  • 76: Sinoma Science & Technology Co. Ltd. - Key offerings
  • 77: Sinoma Science & Technology Co. Ltd. - Key customers
  • 78: Sinoma Science & Technology Co. Ltd. - Segment focus
  • 79: Suzlon Energy Ltd. - Overview
  • 80: Suzlon Energy Ltd. - Business segments
  • 81: Suzlon Energy Ltd. - Key offerings
  • 82: Suzlon Energy Ltd. - Key customers
  • 83: Suzlon Energy Ltd. - Segment focus
  • 84: Vestas Wind System AS - Overview
  • 85: Vestas Wind System AS - Business segments
  • 86: Vestas Wind System AS - Key offerings
  • 87: Vestas Wind System AS - Key customers
  • 88: Vestas Wind System AS - Segment focus
  • 89: Xinjiang Goldwind Science & Technology Co. Ltd. - Overview
  • 90: Xinjiang Goldwind Science & Technology Co. Ltd. - Business segments
  • 91: Xinjiang Goldwind Science & Technology Co. Ltd. - Key offerings
  • 92: Xinjiang Goldwind Science & Technology Co. Ltd. - Key customers
  • 93: Xinjiang Goldwind Science & Technology Co. Ltd. - Segment focus
  • 94: ZF Friedrichshafen AG - Overview
  • 95: ZF Friedrichshafen AG - Business segments
  • 96: ZF Friedrichshafen AG - Key offerings
  • 97: ZF Friedrichshafen AG - Key customers
  • 98: ZF Friedrichshafen AG - Segment focus
  • 99: Currency conversion rates for US$
  • 100: Research Methodology
  • 101: Validation techniques employed for market sizing
  • 102: Information sources
  • 103: List of abbreviations
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