The global wind turbine blade market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for renewable energy sources and the growing need for power generation in developing countries. The increasing demand for wind turbine blades is also due to their low cost and high efficiency in generating electricity.
The global wind turbine blade market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into < 1.5 MW, 1.5 MW, 1.2-0 MW, 2-0 MW, 2-3-0 MW 3-0MW 3-5MW More than or equal to 5MW). On the basis of application it has been segmented into Energy (Wind Turbine Blades), Plastics (Wind Turbine Blades), Composites (Wind Turbine Blades). On the basis of region it has been segmented into North America (US & Canada), Latin America (Mexico & Brazil), Europe (Germany & France), Asia Pacific and Middle East & Africa.
Some Of The Growth Factors Of This Market:
- Wind Turbine Blade market growth is driven by the increasing demand for renewable energy sources.
- The increasing population and the growing need for electricity are also driving the Wind Turbine Blade market growth.
- The increase in global warming and climate change is also a factor that drives the Wind Turbine Blade market growth as it increases the need for renewable energy sources to reduce carbon emissions from fossil fuels such as coal, oil, and natural gas which contribute to global warming and climate change.
- The decreasing cost of wind turbine blades is another factor that drives the Wind Turbine Blade market growth as it reduces installation costs of wind turbines which in turn reduces their cost per kilowatt hour (kWh) produced by them which makes them more competitive with other forms of power generation such as coal-fired power plants or nuclear power plants which have higher installation costs but lower operating costs per kWh produced than wind turbines do because they don't require any fuel to operate unlike wind turbines do because they require a constant supply of electricity from an external source like a grid or battery bank to operate when there's no wind blowing on them so they can produce electricity when there's no wind blowing on them so they can produce electricity when there's no wind blowing on them so they can produce electricity when there's no wind blowing on them so they can produce electricity when there's no wind blowing on them so they can produce electricity when there's no winds blowin.
Industry Growth Insights published a new data on “Wind Turbine Blade Market”. The research report is titled “Wind Turbine Blade Market research by Types (< 1.5 MW, 1.5 MW, 1.5-2.0 MW, 2.0 MW, 2.0-3.0 MW, 3.0 MW, 3.0-5.0 MW, More than or euqal to5.0 MW), By Applications (Energy, Plastics, Composites, Other), By Players/Companies LM Wind Power, Vestas, Enercon, Tecsis, Gamesa, Suzlon, TPI Composites, Siemens, CARBON ROTEC, Acciona, Inox Wind, Zhongfu Lianzhong, Avic, Sinoma, TMT, New United, United Power, Mingyang, XEMC New Energy, DEC, Haizhuang Windpower, Wanyuan, CSR, SANY”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Turbine Blade Market Research Report
By Type
< 1.5 MW, 1.5 MW, 1.5-2.0 MW, 2.0 MW, 2.0-3.0 MW, 3.0 MW, 3.0-5.0 MW, More than or euqal to5.0 MW
By Application
Energy, Plastics, Composites, Other
By Companies
LM Wind Power, Vestas, Enercon, Tecsis, Gamesa, Suzlon, TPI Composites, Siemens, CARBON ROTEC, Acciona, Inox Wind, Zhongfu Lianzhong, Avic, Sinoma, TMT, New United, United Power, Mingyang, XEMC New Energy, DEC, Haizhuang Windpower, Wanyuan, CSR, SANY
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Wind Turbine Blade Market Report Segments:
The global Wind Turbine Blade market is segmented on the basis of:
Types
< 1.5 MW, 1.5 MW, 1.5-2.0 MW, 2.0 MW, 2.0-3.0 MW, 3.0 MW, 3.0-5.0 MW, More than or euqal to5.0 MW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Energy, Plastics, Composites, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LM Wind Power
- Vestas
- Enercon
- Tecsis
- Gamesa
- Suzlon
- TPI Composites
- Siemens
- CARBON ROTEC
- Acciona
- Inox Wind
- Zhongfu Lianzhong
- Avic
- Sinoma
- TMT
- New United
- United Power
- Mingyang
- XEMC New Energy
- DEC
- Haizhuang Windpower
- Wanyuan
- CSR
- SANY
Highlights of The Wind Turbine Blade Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- < 1.5 MW
- 1.5 MW
- 1.5-2.0 MW
- 2.0 MW
- 2.0-3.0 MW
- 3.0 MW
- 3.0-5.0 MW
- More than or euqal to5.0 MW
- By Application:
- Energy
- Plastics
- Composites
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wind Turbine Blade Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wind turbine blades are the main component of a wind turbine. They are made from a variety of materials, including metal and plastic, and have many different shapes. Blades vary in size, shape, and number.
Some of the key players operating in the wind turbine blade market are LM Wind Power, Vestas, Enercon, Tecsis, Gamesa, Suzlon, TPI Composites, Siemens, CARBON ROTEC, Acciona, Inox Wind, Zhongfu Lianzhong, Avic, Sinoma, TMT, New United, United Power, Mingyang, XEMC New Energy, DEC, Haizhuang Windpower, Wanyuan, CSR, SANY.
The wind turbine blade market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Turbine Blade Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wind Turbine Blade Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wind Turbine Blade Market - Supply Chain
4.5. Global Wind Turbine Blade Market Forecast
4.5.1. Wind Turbine Blade Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Turbine Blade Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Turbine Blade Market Absolute $ Opportunity
5. Global Wind Turbine Blade Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wind Turbine Blade Market Size and Volume Forecast by Type
5.3.1. < 1.5 MW
5.3.2. 1.5 MW
5.3.3. 1.5-2.0 MW
5.3.4. 2.0 MW
5.3.5. 2.0-3.0 MW
5.3.6. 3.0 MW
5.3.7. 3.0-5.0 MW
5.3.8. More than or euqal to5.0 MW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Turbine Blade Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wind Turbine Blade Market Size and Volume Forecast by Application
6.3.1. Energy
6.3.2. Plastics
6.3.3. Composites
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Turbine Blade Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wind Turbine Blade Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wind Turbine Blade Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wind Turbine Blade Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wind Turbine Blade Demand Share Forecast, 2019-2026
9. North America Wind Turbine Blade Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wind Turbine Blade Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wind Turbine Blade Market Size and Volume Forecast by Application
9.4.1. Energy
9.4.2. Plastics
9.4.3. Composites
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Turbine Blade Market Size and Volume Forecast by Type
9.7.1. < 1.5 MW
9.7.2. 1.5 MW
9.7.3. 1.5-2.0 MW
9.7.4. 2.0 MW
9.7.5. 2.0-3.0 MW
9.7.6. 3.0 MW
9.7.7. 3.0-5.0 MW
9.7.8. More than or euqal to5.0 MW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wind Turbine Blade Demand Share Forecast, 2019-2026
10. Latin America Wind Turbine Blade Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wind Turbine Blade Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wind Turbine Blade Market Size and Volume Forecast by Application
10.4.1. Energy
10.4.2. Plastics
10.4.3. Composites
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Turbine Blade Market Size and Volume Forecast by Type
10.7.1. < 1.5 MW
10.7.2. 1.5 MW
10.7.3. 1.5-2.0 MW
10.7.4. 2.0 MW
10.7.5. 2.0-3.0 MW
10.7.6. 3.0 MW
10.7.7. 3.0-5.0 MW
10.7.8. More than or euqal to5.0 MW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wind Turbine Blade Demand Share Forecast, 2019-2026
11. Europe Wind Turbine Blade Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wind Turbine Blade Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wind Turbine Blade Market Size and Volume Forecast by Application
11.4.1. Energy
11.4.2. Plastics
11.4.3. Composites
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Turbine Blade Market Size and Volume Forecast by Type
11.7.1. < 1.5 MW
11.7.2. 1.5 MW
11.7.3. 1.5-2.0 MW
11.7.4. 2.0 MW
11.7.5. 2.0-3.0 MW
11.7.6. 3.0 MW
11.7.7. .0-5.0 MW
11.7.8. More than or euqal to5.0 MW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wind Turbine Blade Demand Share, 2019-2026
12. Asia Pacific Wind Turbine Blade Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wind Turbine Blade Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wind Turbine Blade Market Size and Volume Forecast by Application
12.4.1. Energy
12.4.2. Plastics
12.4.3. Composites
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Turbine Blade Market Size and Volume Forecast by Type
12.7.1. < 1.5 MW
12.7.2. 1.5 MW
12.7.3. 1.5-2.0 MW
12.7.4. 2.0 MW
12.7.5. 2.0-3.0 MW
12.7.6. 3.0 MW
12.7.7. 3.0-5.0 MW
12.7.8. More than or euqal to5.0 MW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wind Turbine Blade Demand Share, 2019-2026
13. Middle East & Africa Wind Turbine Blade Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wind Turbine Blade Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wind Turbine Blade Market Size and Volume Forecast by Application
13.4.1. Energy
13.4.2. Plastics
13.4.3. Composites
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Turbine Blade Market Size and Volume Forecast by Type
13.7.1. < 1.5 MW
13.7.2. 1.5 MW
13.7.3. 1.5-2.0 MW
13.7.4. 2.0 MW
13.7.5. 2.0-3.0 MW
13.7.6. 3.0 MW
13.7.7. 3.0-5.0 MW
13.7.8. More than or euqal to5.0 MW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wind Turbine Blade Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Turbine Blade Market: Market Share Analysis
14.2. Wind Turbine Blade Distributors and Customers
14.3. Wind Turbine Blade Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LM Wind Power
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vestas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Enercon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tecsis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gamesa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Suzlon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TPI Composites
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siemens
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CARBON ROTEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Acciona
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Inox Wind
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhongfu Lianzhong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Avic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sinoma
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TMT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. New United
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. United Power
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mingyang
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. XEMC New Energy
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. DEC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
