The global wind turbine casting market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the market can be attributed to the increasing demand for renewable energy sources and growing investments in wind power generation projects across the globe.
The global wind turbine casting market is segmented on the basis of type, application, and region. On the basis of type, it is classified into wind power hub castings, cabin seat castings, pedestal castings and gearbox castings. On the basis of application, it is classified into wind energy systems and equipment. And on the basis of region it includes North America (US & Canada), Latin America (Mexico & Brazil), Europe (Germany & France), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
- Wind Turbine Casting 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 Casting market growth.
- The increase in government regulations to reduce carbon emissions is also a factor that drives the Wind Turbine Casting market growth.
- Increasing investments in research and development of new technologies are also driving the Wind Turbine Casting market growth.
- The availability of raw materials such as aluminum, copper, steel, and iron is another factor that drives the Wind Turbine Casting market growth.
Industry Growth Insights published a new data on “Wind Turbine Casting Market”. The research report is titled “Wind Turbine Casting Market research by Types (Wind Power Hub, Cabin Seat, Pedestal, Gearbox Castings), By Applications (Wind Energy Systems and Equipment., Other), By Players/Companies CASCO, Elyria Foundry, CAST-FAB, VESTAS, SHW CT, Simplex Castings, SAKANA, K&M Machine Fabricating, KOTRACK, API Engineering, GLORIA, Jiangsu Sinojit, Jingsu Huadong, Zhejiang Jiali, Yeongguan, Jiangsu FAW, Dalian Huarui, Riyue Heavy Industry, RIFA, Qinchuan Machine, Shandong longma, Vestas(XUZHOU), Henan Hongyu, SXD, Qukin, Kocel, Xing Sheng”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Turbine Casting Market Research Report
By Type
Wind Power Hub, Cabin Seat, Pedestal, Gearbox Castings
By Application
Wind Energy Systems and Equipment., Other
By Companies
CASCO, Elyria Foundry, CAST-FAB, VESTAS, SHW CT, Simplex Castings, SAKANA, K&M Machine Fabricating, KOTRACK, API Engineering, GLORIA, Jiangsu Sinojit, Jingsu Huadong, Zhejiang Jiali, Yeongguan, Jiangsu FAW, Dalian Huarui, Riyue Heavy Industry, RIFA, Qinchuan Machine, Shandong longma, Vestas(XUZHOU), Henan Hongyu, SXD, Qukin, Kocel, Xing Sheng
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wind Turbine Casting Market Report Segments:
The global Wind Turbine Casting market is segmented on the basis of:
Types
Wind Power Hub, Cabin Seat, Pedestal, Gearbox Castings
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
Wind Energy Systems and Equipment., 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:
- CASCO
- Elyria Foundry
- CAST-FAB
- VESTAS
- SHW CT
- Simplex Castings
- SAKANA
- K&M Machine Fabricating
- KOTRACK
- API Engineering
- GLORIA
- Jiangsu Sinojit
- Jingsu Huadong
- Zhejiang Jiali
- Yeongguan
- Jiangsu FAW
- Dalian Huarui
- Riyue Heavy Industry
- RIFA
- Qinchuan Machine
- Shandong longma
- Vestas(XUZHOU)
- Henan Hongyu
- SXD
- Qukin
- Kocel
- Xing Sheng
Highlights of The Wind Turbine Casting 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:
- Wind Power Hub
- Cabin Seat
- Pedestal
- Gearbox Castings
- By Application:
- Wind Energy Systems and Equipment.
- 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 Casting 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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 casting is the process of creating a metal component for a wind turbine from a molten metal. The molten metal is poured into a mold, and then the component is cooled and solidified.
Some of the key players operating in the wind turbine casting market are CASCO, Elyria Foundry, CAST-FAB, VESTAS, SHW CT, Simplex Castings, SAKANA, K&M Machine Fabricating, KOTRACK, API Engineering, GLORIA, Jiangsu Sinojit, Jingsu Huadong, Zhejiang Jiali, Yeongguan, Jiangsu FAW, Dalian Huarui, Riyue Heavy Industry, RIFA, Qinchuan Machine, Shandong longma, Vestas(XUZHOU), Henan Hongyu, SXD, Qukin, Kocel, Xing Sheng.
The wind turbine casting market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Turbine Casting 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 Casting 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 Casting Market - Supply Chain
4.5. Global Wind Turbine Casting Market Forecast
4.5.1. Wind Turbine Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Turbine Casting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Turbine Casting Market Absolute $ Opportunity
5. Global Wind Turbine Casting 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 Casting Market Size and Volume Forecast by Type
5.3.1. Wind Power Hub
5.3.2. Cabin Seat
5.3.3. Pedestal
5.3.4. Gearbox Castings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Turbine Casting 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 Casting Market Size and Volume Forecast by Application
6.3.1. Wind Energy Systems and Equipment.
6.3.2. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Turbine Casting 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 Casting 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 Casting 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 Casting 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 Casting Demand Share Forecast, 2019-2026
9. North America Wind Turbine Casting 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 Casting 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 Casting Market Size and Volume Forecast by Application
9.4.1. Wind Energy Systems and Equipment.
9.4.2. 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 Casting Market Size and Volume Forecast by Type
9.7.1. Wind Power Hub
9.7.2. Cabin Seat
9.7.3. Pedestal
9.7.4. Gearbox Castings
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 Casting Demand Share Forecast, 2019-2026
10. Latin America Wind Turbine Casting 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 Casting 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 Casting Market Size and Volume Forecast by Application
10.4.1. Wind Energy Systems and Equipment.
10.4.2. 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 Casting Market Size and Volume Forecast by Type
10.7.1. Wind Power Hub
10.7.2. Cabin Seat
10.7.3. Pedestal
10.7.4. Gearbox Castings
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 Casting Demand Share Forecast, 2019-2026
11. Europe Wind Turbine Casting 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 Casting 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 Casting Market Size and Volume Forecast by Application
11.4.1. Wind Energy Systems and Equipment.
11.4.2. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Turbine Casting Market Size and Volume Forecast by Type
11.7.1. Wind Power Hub
11.7.2. Cabin Seat
11.7.3. Pedestal
11.7.4. Gearbox Castings
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 Casting Demand Share, 2019-2026
12. Asia Pacific Wind Turbine Casting 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 Casting 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 Casting Market Size and Volume Forecast by Application
12.4.1. Wind Energy Systems and Equipment.
12.4.2. 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 Casting Market Size and Volume Forecast by Type
12.7.1. Wind Power Hub
12.7.2. Cabin Seat
12.7.3. Pedestal
12.7.4. Gearbox Castings
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 Casting Demand Share, 2019-2026
13. Middle East & Africa Wind Turbine Casting 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 Casting 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 Casting Market Size and Volume Forecast by Application
13.4.1. Wind Energy Systems and Equipment.
13.4.2. 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 Casting Market Size and Volume Forecast by Type
13.7.1. Wind Power Hub
13.7.2. Cabin Seat
13.7.3. Pedestal
13.7.4. Gearbox Castings
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 Casting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Turbine Casting Market: Market Share Analysis
14.2. Wind Turbine Casting Distributors and Customers
14.3. Wind Turbine Casting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CASCO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Elyria Foundry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CAST-FAB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VESTAS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SHW CT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Simplex Castings
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAKANA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. K&M Machine Fabricating
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. KOTRACK
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. API Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GLORIA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Sinojit
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jingsu Huadong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhejiang Jiali
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yeongguan
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu FAW
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dalian Huarui
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Riyue Heavy Industry
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. RIFA
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Qinchuan Machine
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
