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Wind Turbine Blades-Global Market Insights and Sales Trends 2024

Wind Turbine Blades-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1883065

No of Pages : 117

Synopsis
Wind turbine blade is mounted on the wind turbine. Most wind turbines have three blades, though there are some with two blades. Blades are generally 30 to 50 meters (100 to 165 feet) long, with the most common sizes around 40 meters (130 feet). Longer blades are being designed and tested. Blade weights vary, depending on the design and materials—a 40 meter LM Glasfiber blade for a 1.5 MW turbine weighs 5,780 kg (6.4 tons) and one for a 2.0 MW turbine weighs 6,290 kg (6.9 tons).
The global Wind Turbine Blades market size is expected to reach US$ 27070 million by 2029, growing at a CAGR of 13.9% from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Blades in various end use industries. The expanding demands from the Land and Maritime, are propelling Wind Turbine Blades market. Below 1.5MW, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 1.5-4MW segment is estimated at % CAGR for the next seven-year period.
According to the Global Wind Report 2023 released by the Global Wind Energy Council, by 2024, the newly installed capacity of global onshore wind power will exceed 100GW for the first time; by 2025, the newly installed capacity of global offshore wind power will also reach 25GW. In the next five years, the newly added grid-connected capacity of wind power will reach 680GW. The report also shows that the United States and Europe may experience a supply bottleneck of wind turbines and components in 2025. It recommends that national policymakers take immediate action to increase investment in supply chains to meet their rapid growth in demand and avoid supply chain bottlenecks hindering the development of wind power. In addition, according to Wood Mackenzie statistics, China is the largest and fastest-growing market for wind power generation in the world, accounting for more than half of the market share. Data from the National Energy Administration of China also shows that China's installed wind power capacity ranks first in the world, with a capacity of nearly 400 million kilowatts.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wind Turbine Blades, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wind Turbine Blades market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wind Turbine Blades market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Blades sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wind Turbine Blades covered in this report include LM Wind Power, GAMESA, Vestas, Siemens, SANY, ENERCON, Suzlon, Sinoma Science&technology and TPI Composites, etc.
The global Wind Turbine Blades market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LM Wind Power
GAMESA
Vestas
Siemens
SANY
ENERCON
Suzlon
Sinoma Science&technology
TPI Composites
Zhuzhou Times New Material Technology
United Power Technology
Shanghai Aeolon
Chongtong Chengfei New Material
Lianyungang Zhongfu Lianzhong
SHFRP
Luoyang Sunrui Wind Turbine
Global Wind Turbine Blades market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Wind Turbine Blades market, Segment by Type:
Below 1.5MW
1.5-4MW
4-6MW
Above 6MW
Global Wind Turbine Blades market, by Application
Land
Maritime
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Wind Turbine Blades manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Wind Turbine Blades in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Wind Turbine Blades Market Overview
1.1 Wind Turbine Blades Product Overview
1.2 Wind Turbine Blades Market Segment by Type
1.2.1 Below 1.5MW
1.2.2 1.5-4MW
1.2.3 4-6MW
1.2.4 Above 6MW
1.3 Global Wind Turbine Blades Market Size by Type
1.3.1 Global Wind Turbine Blades Market Size Overview by Type (2018-2029)
1.3.2 Global Wind Turbine Blades Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wind Turbine Blades Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wind Turbine Blades Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wind Turbine Blades Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wind Turbine Blades Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wind Turbine Blades Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wind Turbine Blades Sales Breakdown by Type (2018-2023)
2 Global Wind Turbine Blades Market Competition by Company
2.1 Global Top Players by Wind Turbine Blades Sales (2018-2023)
2.2 Global Top Players by Wind Turbine Blades Revenue (2018-2023)
2.3 Global Top Players by Wind Turbine Blades Price (2018-2023)
2.4 Global Top Manufacturers Wind Turbine Blades Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wind Turbine Blades Market Competitive Situation and Trends
2.5.1 Wind Turbine Blades Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wind Turbine Blades Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wind Turbine Blades as of 2022)
2.7 Date of Key Manufacturers Enter into Wind Turbine Blades Market
2.8 Key Manufacturers Wind Turbine Blades Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wind Turbine Blades Status and Outlook by Region
3.1 Global Wind Turbine Blades Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wind Turbine Blades Historic Market Size by Region
3.2.1 Global Wind Turbine Blades Sales in Volume by Region (2018-2023)
3.2.2 Global Wind Turbine Blades Sales in Value by Region (2018-2023)
3.2.3 Global Wind Turbine Blades Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wind Turbine Blades Forecasted Market Size by Region
3.3.1 Global Wind Turbine Blades Sales in Volume by Region (2024-2029)
3.3.2 Global Wind Turbine Blades Sales in Value by Region (2024-2029)
3.3.3 Global Wind Turbine Blades Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wind Turbine Blades by Application
4.1 Wind Turbine Blades Market Segment by Application
4.1.1 Land
4.1.2 Maritime
4.2 Global Wind Turbine Blades Market Size by Application
4.2.1 Global Wind Turbine Blades Market Size Overview by Application (2018-2029)
4.2.2 Global Wind Turbine Blades Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wind Turbine Blades Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wind Turbine Blades Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wind Turbine Blades Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wind Turbine Blades Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wind Turbine Blades Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wind Turbine Blades Sales Breakdown by Application (2018-2023)
5 North America Wind Turbine Blades by Country
5.1 North America Wind Turbine Blades Historic Market Size by Country
5.1.1 North America Wind Turbine Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wind Turbine Blades Sales in Volume by Country (2018-2023)
5.1.3 North America Wind Turbine Blades Sales in Value by Country (2018-2023)
5.2 North America Wind Turbine Blades Forecasted Market Size by Country
5.2.1 North America Wind Turbine Blades Sales in Volume by Country (2024-2029)
5.2.2 North America Wind Turbine Blades Sales in Value by Country (2024-2029)
6 Europe Wind Turbine Blades by Country
6.1 Europe Wind Turbine Blades Historic Market Size by Country
6.1.1 Europe Wind Turbine Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wind Turbine Blades Sales in Volume by Country (2018-2023)
6.1.3 Europe Wind Turbine Blades Sales in Value by Country (2018-2023)
6.2 Europe Wind Turbine Blades Forecasted Market Size by Country
6.2.1 Europe Wind Turbine Blades Sales in Volume by Country (2024-2029)
6.2.2 Europe Wind Turbine Blades Sales in Value by Country (2024-2029)
7 Asia-Pacific Wind Turbine Blades by Region
7.1 Asia-Pacific Wind Turbine Blades Historic Market Size by Region
7.1.1 Asia-Pacific Wind Turbine Blades Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wind Turbine Blades Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wind Turbine Blades Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wind Turbine Blades Forecasted Market Size by Region
7.2.1 Asia-Pacific Wind Turbine Blades Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wind Turbine Blades Sales in Value by Region (2024-2029)
8 Latin America Wind Turbine Blades by Country
8.1 Latin America Wind Turbine Blades Historic Market Size by Country
8.1.1 Latin America Wind Turbine Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wind Turbine Blades Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wind Turbine Blades Sales in Value by Country (2018-2023)
8.2 Latin America Wind Turbine Blades Forecasted Market Size by Country
8.2.1 Latin America Wind Turbine Blades Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wind Turbine Blades Sales in Value by Country (2024-2029)
9 Middle East and Africa Wind Turbine Blades by Country
9.1 Middle East and Africa Wind Turbine Blades Historic Market Size by Country
9.1.1 Middle East and Africa Wind Turbine Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wind Turbine Blades Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wind Turbine Blades Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wind Turbine Blades Forecasted Market Size by Country
9.2.1 Middle East and Africa Wind Turbine Blades Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wind Turbine Blades Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LM Wind Power
10.1.1 LM Wind Power Company Information
10.1.2 LM Wind Power Introduction and Business Overview
10.1.3 LM Wind Power Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LM Wind Power Wind Turbine Blades Products Offered
10.1.5 LM Wind Power Recent Development
10.2 GAMESA
10.2.1 GAMESA Company Information
10.2.2 GAMESA Introduction and Business Overview
10.2.3 GAMESA Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GAMESA Wind Turbine Blades Products Offered
10.2.5 GAMESA Recent Development
10.3 Vestas
10.3.1 Vestas Company Information
10.3.2 Vestas Introduction and Business Overview
10.3.3 Vestas Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Vestas Wind Turbine Blades Products Offered
10.3.5 Vestas Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Wind Turbine Blades Products Offered
10.4.5 Siemens Recent Development
10.5 SANY
10.5.1 SANY Company Information
10.5.2 SANY Introduction and Business Overview
10.5.3 SANY Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SANY Wind Turbine Blades Products Offered
10.5.5 SANY Recent Development
10.6 ENERCON
10.6.1 ENERCON Company Information
10.6.2 ENERCON Introduction and Business Overview
10.6.3 ENERCON Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ENERCON Wind Turbine Blades Products Offered
10.6.5 ENERCON Recent Development
10.7 Suzlon
10.7.1 Suzlon Company Information
10.7.2 Suzlon Introduction and Business Overview
10.7.3 Suzlon Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Suzlon Wind Turbine Blades Products Offered
10.7.5 Suzlon Recent Development
10.8 Sinoma Science&technology
10.8.1 Sinoma Science&technology Company Information
10.8.2 Sinoma Science&technology Introduction and Business Overview
10.8.3 Sinoma Science&technology Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sinoma Science&technology Wind Turbine Blades Products Offered
10.8.5 Sinoma Science&technology Recent Development
10.9 TPI Composites
10.9.1 TPI Composites Company Information
10.9.2 TPI Composites Introduction and Business Overview
10.9.3 TPI Composites Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TPI Composites Wind Turbine Blades Products Offered
10.9.5 TPI Composites Recent Development
10.10 Zhuzhou Times New Material Technology
10.10.1 Zhuzhou Times New Material Technology Company Information
10.10.2 Zhuzhou Times New Material Technology Introduction and Business Overview
10.10.3 Zhuzhou Times New Material Technology Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhuzhou Times New Material Technology Wind Turbine Blades Products Offered
10.10.5 Zhuzhou Times New Material Technology Recent Development
10.11 United Power Technology
10.11.1 United Power Technology Company Information
10.11.2 United Power Technology Introduction and Business Overview
10.11.3 United Power Technology Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.11.4 United Power Technology Wind Turbine Blades Products Offered
10.11.5 United Power Technology Recent Development
10.12 Shanghai Aeolon
10.12.1 Shanghai Aeolon Company Information
10.12.2 Shanghai Aeolon Introduction and Business Overview
10.12.3 Shanghai Aeolon Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shanghai Aeolon Wind Turbine Blades Products Offered
10.12.5 Shanghai Aeolon Recent Development
10.13 Chongtong Chengfei New Material
10.13.1 Chongtong Chengfei New Material Company Information
10.13.2 Chongtong Chengfei New Material Introduction and Business Overview
10.13.3 Chongtong Chengfei New Material Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Chongtong Chengfei New Material Wind Turbine Blades Products Offered
10.13.5 Chongtong Chengfei New Material Recent Development
10.14 Lianyungang Zhongfu Lianzhong
10.14.1 Lianyungang Zhongfu Lianzhong Company Information
10.14.2 Lianyungang Zhongfu Lianzhong Introduction and Business Overview
10.14.3 Lianyungang Zhongfu Lianzhong Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Lianyungang Zhongfu Lianzhong Wind Turbine Blades Products Offered
10.14.5 Lianyungang Zhongfu Lianzhong Recent Development
10.15 SHFRP
10.15.1 SHFRP Company Information
10.15.2 SHFRP Introduction and Business Overview
10.15.3 SHFRP Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.15.4 SHFRP Wind Turbine Blades Products Offered
10.15.5 SHFRP Recent Development
10.16 Luoyang Sunrui Wind Turbine
10.16.1 Luoyang Sunrui Wind Turbine Company Information
10.16.2 Luoyang Sunrui Wind Turbine Introduction and Business Overview
10.16.3 Luoyang Sunrui Wind Turbine Wind Turbine Blades Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Luoyang Sunrui Wind Turbine Wind Turbine Blades Products Offered
10.16.5 Luoyang Sunrui Wind Turbine Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wind Turbine Blades Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Wind Turbine Blades Industrial Chain Analysis
11.4 Wind Turbine Blades Market Dynamics
11.4.1 Wind Turbine Blades Industry Trends
11.4.2 Wind Turbine Blades Market Drivers
11.4.3 Wind Turbine Blades Market Challenges
11.4.4 Wind Turbine Blades Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wind Turbine Blades Distributors
12.3 Wind Turbine Blades Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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