Wind Turbine Casting is the casting accessories used in the wind energy systems and equipment. Wind turbine castings including fan hub, fan base and gearbox casing and so on.
The growing wind energy industry driven by the rise in use of renewable energy sources is likely to drive growth in the wind turbine casting market. Wind energy plays a critical role in the establishment of an environmentally sustainable low carbon economy. Wind turbine is used to convert kinetic energy of wind into electrical power. Growing consumer awareness and incentive schemes are expected to augment the global demand for wind energy. Furthermore, increased installation of wind turbine and technological advancements are likely to further boost the demand for wind turbine across the globe. Additionally, product development and lower maintenance cost of the wind turbine have fuelled an additional demand for the wind turbines. Driven by the recent advances and development, the wind industry has allowed the wind turbine casting market to grow at a significant rate. Increasing installations of wind turbines in the offshore wind application are anticipated to accelerate growth in the global wind turbine casting market.
According to this study, over the next five years the Wind Power Casting market will register a 1.3% CAGR in terms of revenue, the global market size will reach US$ 1950 million by 2024, from US$ 1810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wind Power Casting business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wind Power Casting market by product type, application, key manufacturers and key regions and countries.
This study considers the Wind Power Casting value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Wind Power Hub
Pedestal
Gearbox Castings
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
<1.0 MW
1.0-1.5MW
1.5-2.0MW
2.0-2.5MW
2.5-3.0MW
>=3.0MW
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
CASCO
Elyria&Hodge
CAST-FAB
VESTAS
SHW
SIMPLEX
SAKANA
K&M
API
GLORIA
JIANGSU SINOJIT
Zhejiang Jiali
YEONGGUAN
DALIAN HUARUI
RIYUE HEAVY INDUSTRY
Qinchuan Machine
Shandong Longma
KOCEL
Henan Hongyu
SXD
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wind Power Casting consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wind Power Casting market by identifying its various subsegments.
Focuses on the key global Wind Power Casting manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wind Power Casting with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wind Power Casting submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Wind Power Casting . Industry analysis & Market Report on Wind Power Casting is a syndicated market report, published as Global Wind Power Casting Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Wind Power Casting market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.