In conventional wind turbines, the blades spin a shaft that is connected through a gearbox to the generator. The gearbox converts the turning speed of the blades 15 to 20 rotations per minute for a large, one-megawatt turbine into the faster 1,800 revolutions per minute that the generator needs to generate electricity.
The wind turbine rotor blade market is driven by policy support from governments and reducing costs of wind power generation. Governments across the world have been pushing to include more renewable power to their energy mix, an approach that is driving many new wind power projects, generating demand for wind turbine rotor blades. The declining cost per kWh of generating power from wind is making it the most attractive renewable energy option. However, high capital costs for such projects may act as a restraint for the market, along with the use of expensive raw material required for manufacturing larger blades. Future growth projections for the wind energy sector are very promising, indicating opportunities for in the rotor blade market. However, the market is required to handle critical challenges such as difficulty in transportation to fully capitalize on potential opportunities
In 2019, the market size of Wind Turbine Rotor Blade is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wind Turbine Rotor Blade.
This report studies the global market size of Wind Turbine Rotor Blade, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Wind Turbine Rotor Blade production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Acciona
China National Materials
Enercon
Gamesa
General Electric
Nordex
Powerblades
SGL Rotec
Siemens
Sinoi
Suzlon Energy
Vestas Wind Systems
Market Segment by Product Type
50 Meter
Market Segment by Application
Utilities
Investor-Owned Utilities
Public Power Utilities
Rural Electric Cooperatives
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Wind Turbine Rotor Blade status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Wind Turbine Rotor Blade manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Wind Turbine Rotor Blade are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Wind Turbine Rotor Blade. Industry analysis & Market Report on Wind Turbine Rotor Blade is a syndicated market report, published as Global (United States, European Union and China) Wind Turbine Rotor Blade Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Wind Turbine Rotor Blade market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.