Global Wind Turbine Rotor Blade Market 2021-2025

Description

Technavio has been monitoring the wind turbine rotor blade market and it is poised to grow by $ 6.97 bn during 2021-2025 progressing at a CAGR of about 5% during the forecast period. Our report on wind turbine rotor blade 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 decreasing LCOE of wind energy and rising height and capacity of wind towers. In addition, Decreasing LCOE of wind energy is anticipated to boost the growth of the market as well.

The wind turbine rotor blade market analysis includes application segment and geographical landscapes.

Technavio's wind turbine rotor blade market is segmented as below:

By Application

Onshore
Offshore

By Geographical Landscapes

APAC
Europe
North America
MEA
South America

This study identifies the favorable polices and incentives as one of the prime reasons driving the wind turbine rotor blade market growth during the next few years.

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 rotor blade market covers the following areas:

Wind turbine rotor blade market sizing
Wind turbine rotor blade market forecast
Wind turbine rotor blade 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 rotor blade market vendors that include Acciona SA, General Electric Co., Mingyang Smart Energy Group Co. Ltd., SANY Group Co. Ltd., Senvion SA, Siemens Gamesa Renewable Energy SA, Suzlon Energy Ltd., TPI Composites Inc., UNISON Co, ltd., and Vestas Wind System AS. Also, the wind turbine rotor blade 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.

Product Code: IRTNTR40490

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Market characteristics
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 Material

Glass fiber
Carbon fiber
Others

Customer landscape

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
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Competitive scenario
Vendor landscape
Landscape disruption
Industry risks

Vendor Analysis

Vendors covered
Market positioning of vendors
Acciona SA
General Electric Co.
Mingyang Smart Energy Group Co. Ltd.
SANY Group Co. Ltd.
Senvion SA
Siemens Gamesa Renewable Energy SA
Suzlon Energy Ltd.
TPI Composites Inc.
Vestas Wind System AS

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 ($ million)
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 ($ million)
24: Onshore - Year-over-year growth 2020-2025 (%)
25: Offshore - Market size and forecast 2020-2025 ($ million)
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 ($ million)
32: APAC - Year-over-year growth 2020-2025 (%)
33: Europe - Market size and forecast 2020-2025 ($ million)
34: Europe - Year-over-year growth 2020-2025 (%)
35: North America - Market size and forecast 2020-2025 ($ million)
36: North America - Year-over-year growth 2020-2025 (%)
37: MEA - Market size and forecast 2020-2025 ($ million)
38: MEA - Year-over-year growth 2020-2025 (%)
39: South America - Market size and forecast 2020-2025 ($ million)
40: South America - Year-over-year growth 2020-2025 (%)
41: Key leading countries
42: Market opportunity by geography ($ million)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: Acciona SA - Overview
50: Acciona SA - Business segments
51: Acciona SA - Key offerings
52: Acciona SA - Key customers
53: Acciona SA - 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: Mingyang Smart Energy Group Co. Ltd. - Overview
60: Mingyang Smart Energy Group Co. Ltd. - Business segments
61: Mingyang Smart Energy Group Co. Ltd. - Key offerings
62: Mingyang Smart Energy Group Co. Ltd. - Key customers
63: Mingyang Smart Energy Group Co. Ltd. - Segment focus
64: SANY Group Co. Ltd. - Overview
65: SANY Group Co. Ltd. - Product and service
66: SANY Group Co. Ltd. - Key offerings
67: SANY Group Co. Ltd. - Key customers
68: SANY Group Co. Ltd. - Segment focus
69: Senvion SA - Overview
70: Senvion SA - Product and service
71: Senvion SA - Key offerings
72: Senvion SA - Key customers
73: Senvion SA - Segment focus
74: Siemens Gamesa Renewable Energy SA - Overview
75: Siemens Gamesa Renewable Energy SA - Product and service
76: Siemens Gamesa Renewable Energy SA - Key offerings
77: Siemens Gamesa Renewable Energy SA - Key customers
78: Siemens Gamesa Renewable Energy SA - 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: TPI Composites Inc. - Overview
85: TPI Composites Inc. - Business segments
86: TPI Composites Inc. - Key offerings
87: TPI Composites Inc. - Key customers
88: TPI Composites Inc. - Segment focus
89: UNISON Co, ltd. - Overview
90: UNISON Co, ltd. - Product and service
91: UNISON Co, ltd. - Key offerings
92: UNISON Co, ltd. - Key customers
93: UNISON Co, ltd. - Segment focus
94: Vestas Wind System AS - Overview
95: Vestas Wind System AS - Business segments
96: Vestas Wind System AS - Key offerings
97: Vestas Wind System AS - Key customers
98: Vestas Wind System AS - 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