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Wind Turbine Rotor Blades-Global Market Insights and Sales Trends 2024
Synopsis
A wind generator is an electrical device that converts wind energy into mechanical work, which drives the rotor to rotate and eventually output alternating current.
The global Wind Turbine Rotor Blades market size is expected to reach US$ 32830 million by 2029, growing at a CAGR of 13.8% from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Rotor Blades in various end use industries. The expanding demands from the Offshore Wind Power Generation and Onshore Wind Power Generation, are propelling Wind Turbine Rotor Blades market. Glass Fiber, 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 Carbon Fiber 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 Rotor 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 Rotor 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 Rotor Blades market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Rotor 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 Rotor Blades covered in this report include China National Materials, Siemens(Gamesa), General Electric, Siemens, Sinoi, Suzlon Energy, Vestas Wind Systems, Acciona and Enercon, etc.
The global Wind Turbine Rotor 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:
China National Materials
Siemens(Gamesa)
General Electric
Siemens
Sinoi
Suzlon Energy
Vestas Wind Systems
Acciona
Enercon
Nordex
Powerblades
SGL Rotec
Global Wind Turbine Rotor 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 Rotor Blades market, Segment by Type:
Glass Fiber
Carbon Fiber
Global Wind Turbine Rotor Blades market, by Application
Offshore Wind Power Generation
Onshore Wind Power Generation
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 Rotor 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 Rotor 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.
A wind generator is an electrical device that converts wind energy into mechanical work, which drives the rotor to rotate and eventually output alternating current.
The global Wind Turbine Rotor Blades market size is expected to reach US$ 32830 million by 2029, growing at a CAGR of 13.8% from 2023 to 2029. The market is mainly driven by the significant applications of Wind Turbine Rotor Blades in various end use industries. The expanding demands from the Offshore Wind Power Generation and Onshore Wind Power Generation, are propelling Wind Turbine Rotor Blades market. Glass Fiber, 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 Carbon Fiber 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 Rotor 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 Rotor 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 Rotor Blades market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wind Turbine Rotor 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 Rotor Blades covered in this report include China National Materials, Siemens(Gamesa), General Electric, Siemens, Sinoi, Suzlon Energy, Vestas Wind Systems, Acciona and Enercon, etc.
The global Wind Turbine Rotor 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:
China National Materials
Siemens(Gamesa)
General Electric
Siemens
Sinoi
Suzlon Energy
Vestas Wind Systems
Acciona
Enercon
Nordex
Powerblades
SGL Rotec
Global Wind Turbine Rotor 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 Rotor Blades market, Segment by Type:
Glass Fiber
Carbon Fiber
Global Wind Turbine Rotor Blades market, by Application
Offshore Wind Power Generation
Onshore Wind Power Generation
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 Rotor 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 Rotor 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.
Index1 Wind Turbine Rotor Blades Market Overview
1.1 Wind Turbine Rotor Blades Product Overview
1.2 Wind Turbine Rotor Blades Market Segment by Type
1.2.1 Glass Fiber
1.2.2 Carbon Fiber
1.3 Global Wind Turbine Rotor Blades Market Size by Type
1.3.1 Global Wind Turbine Rotor Blades Market Size Overview by Type (2018-2029)
1.3.2 Global Wind Turbine Rotor Blades Historic Market Size Review by Type (2018-2023)
1.3.3 Global Wind Turbine Rotor Blades Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Wind Turbine Rotor Blades Sales Breakdown by Type (2018-2023)
1.4.2 Europe Wind Turbine Rotor Blades Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Wind Turbine Rotor Blades Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Wind Turbine Rotor Blades Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Wind Turbine Rotor Blades Sales Breakdown by Type (2018-2023)
2 Global Wind Turbine Rotor Blades Market Competition by Company
2.1 Global Top Players by Wind Turbine Rotor Blades Sales (2018-2023)
2.2 Global Top Players by Wind Turbine Rotor Blades Revenue (2018-2023)
2.3 Global Top Players by Wind Turbine Rotor Blades Price (2018-2023)
2.4 Global Top Manufacturers Wind Turbine Rotor Blades Manufacturing Base Distribution, Sales Area, Product Type
2.5 Wind Turbine Rotor Blades Market Competitive Situation and Trends
2.5.1 Wind Turbine Rotor Blades Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Wind Turbine Rotor 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 Rotor Blades as of 2022)
2.7 Date of Key Manufacturers Enter into Wind Turbine Rotor Blades Market
2.8 Key Manufacturers Wind Turbine Rotor Blades Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Wind Turbine Rotor Blades Status and Outlook by Region
3.1 Global Wind Turbine Rotor Blades Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Wind Turbine Rotor Blades Historic Market Size by Region
3.2.1 Global Wind Turbine Rotor Blades Sales in Volume by Region (2018-2023)
3.2.2 Global Wind Turbine Rotor Blades Sales in Value by Region (2018-2023)
3.2.3 Global Wind Turbine Rotor Blades Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Wind Turbine Rotor Blades Forecasted Market Size by Region
3.3.1 Global Wind Turbine Rotor Blades Sales in Volume by Region (2024-2029)
3.3.2 Global Wind Turbine Rotor Blades Sales in Value by Region (2024-2029)
3.3.3 Global Wind Turbine Rotor Blades Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Wind Turbine Rotor Blades by Application
4.1 Wind Turbine Rotor Blades Market Segment by Application
4.1.1 Offshore Wind Power Generation
4.1.2 Onshore Wind Power Generation
4.2 Global Wind Turbine Rotor Blades Market Size by Application
4.2.1 Global Wind Turbine Rotor Blades Market Size Overview by Application (2018-2029)
4.2.2 Global Wind Turbine Rotor Blades Historic Market Size Review by Application (2018-2023)
4.2.3 Global Wind Turbine Rotor Blades Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Wind Turbine Rotor Blades Sales Breakdown by Application (2018-2023)
4.3.2 Europe Wind Turbine Rotor Blades Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Wind Turbine Rotor Blades Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Wind Turbine Rotor Blades Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Wind Turbine Rotor Blades Sales Breakdown by Application (2018-2023)
5 North America Wind Turbine Rotor Blades by Country
5.1 North America Wind Turbine Rotor Blades Historic Market Size by Country
5.1.1 North America Wind Turbine Rotor Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Wind Turbine Rotor Blades Sales in Volume by Country (2018-2023)
5.1.3 North America Wind Turbine Rotor Blades Sales in Value by Country (2018-2023)
5.2 North America Wind Turbine Rotor Blades Forecasted Market Size by Country
5.2.1 North America Wind Turbine Rotor Blades Sales in Volume by Country (2024-2029)
5.2.2 North America Wind Turbine Rotor Blades Sales in Value by Country (2024-2029)
6 Europe Wind Turbine Rotor Blades by Country
6.1 Europe Wind Turbine Rotor Blades Historic Market Size by Country
6.1.1 Europe Wind Turbine Rotor Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Wind Turbine Rotor Blades Sales in Volume by Country (2018-2023)
6.1.3 Europe Wind Turbine Rotor Blades Sales in Value by Country (2018-2023)
6.2 Europe Wind Turbine Rotor Blades Forecasted Market Size by Country
6.2.1 Europe Wind Turbine Rotor Blades Sales in Volume by Country (2024-2029)
6.2.2 Europe Wind Turbine Rotor Blades Sales in Value by Country (2024-2029)
7 Asia-Pacific Wind Turbine Rotor Blades by Region
7.1 Asia-Pacific Wind Turbine Rotor Blades Historic Market Size by Region
7.1.1 Asia-Pacific Wind Turbine Rotor Blades Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Wind Turbine Rotor Blades Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Wind Turbine Rotor Blades Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Wind Turbine Rotor Blades Forecasted Market Size by Region
7.2.1 Asia-Pacific Wind Turbine Rotor Blades Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Wind Turbine Rotor Blades Sales in Value by Region (2024-2029)
8 Latin America Wind Turbine Rotor Blades by Country
8.1 Latin America Wind Turbine Rotor Blades Historic Market Size by Country
8.1.1 Latin America Wind Turbine Rotor Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Wind Turbine Rotor Blades Sales in Volume by Country (2018-2023)
8.1.3 Latin America Wind Turbine Rotor Blades Sales in Value by Country (2018-2023)
8.2 Latin America Wind Turbine Rotor Blades Forecasted Market Size by Country
8.2.1 Latin America Wind Turbine Rotor Blades Sales in Volume by Country (2024-2029)
8.2.2 Latin America Wind Turbine Rotor Blades Sales in Value by Country (2024-2029)
9 Middle East and Africa Wind Turbine Rotor Blades by Country
9.1 Middle East and Africa Wind Turbine Rotor Blades Historic Market Size by Country
9.1.1 Middle East and Africa Wind Turbine Rotor Blades Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Wind Turbine Rotor Blades Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Wind Turbine Rotor Blades Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Wind Turbine Rotor Blades Forecasted Market Size by Country
9.2.1 Middle East and Africa Wind Turbine Rotor Blades Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Wind Turbine Rotor Blades Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 China National Materials
10.1.1 China National Materials Company Information
10.1.2 China National Materials Introduction and Business Overview
10.1.3 China National Materials Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.1.4 China National Materials Wind Turbine Rotor Blades Products Offered
10.1.5 China National Materials Recent Development
10.2 Siemens(Gamesa)
10.2.1 Siemens(Gamesa) Company Information
10.2.2 Siemens(Gamesa) Introduction and Business Overview
10.2.3 Siemens(Gamesa) Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens(Gamesa) Wind Turbine Rotor Blades Products Offered
10.2.5 Siemens(Gamesa) Recent Development
10.3 General Electric
10.3.1 General Electric Company Information
10.3.2 General Electric Introduction and Business Overview
10.3.3 General Electric Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.3.4 General Electric Wind Turbine Rotor Blades Products Offered
10.3.5 General Electric 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 Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Wind Turbine Rotor Blades Products Offered
10.4.5 Siemens Recent Development
10.5 Sinoi
10.5.1 Sinoi Company Information
10.5.2 Sinoi Introduction and Business Overview
10.5.3 Sinoi Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sinoi Wind Turbine Rotor Blades Products Offered
10.5.5 Sinoi Recent Development
10.6 Suzlon Energy
10.6.1 Suzlon Energy Company Information
10.6.2 Suzlon Energy Introduction and Business Overview
10.6.3 Suzlon Energy Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Suzlon Energy Wind Turbine Rotor Blades Products Offered
10.6.5 Suzlon Energy Recent Development
10.7 Vestas Wind Systems
10.7.1 Vestas Wind Systems Company Information
10.7.2 Vestas Wind Systems Introduction and Business Overview
10.7.3 Vestas Wind Systems Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Vestas Wind Systems Wind Turbine Rotor Blades Products Offered
10.7.5 Vestas Wind Systems Recent Development
10.8 Acciona
10.8.1 Acciona Company Information
10.8.2 Acciona Introduction and Business Overview
10.8.3 Acciona Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Acciona Wind Turbine Rotor Blades Products Offered
10.8.5 Acciona Recent Development
10.9 Enercon
10.9.1 Enercon Company Information
10.9.2 Enercon Introduction and Business Overview
10.9.3 Enercon Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Enercon Wind Turbine Rotor Blades Products Offered
10.9.5 Enercon Recent Development
10.10 Nordex
10.10.1 Nordex Company Information
10.10.2 Nordex Introduction and Business Overview
10.10.3 Nordex Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nordex Wind Turbine Rotor Blades Products Offered
10.10.5 Nordex Recent Development
10.11 Powerblades
10.11.1 Powerblades Company Information
10.11.2 Powerblades Introduction and Business Overview
10.11.3 Powerblades Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Powerblades Wind Turbine Rotor Blades Products Offered
10.11.5 Powerblades Recent Development
10.12 SGL Rotec
10.12.1 SGL Rotec Company Information
10.12.2 SGL Rotec Introduction and Business Overview
10.12.3 SGL Rotec Wind Turbine Rotor Blades Sales, Revenue and Gross Margin (2018-2023)
10.12.4 SGL Rotec Wind Turbine Rotor Blades Products Offered
10.12.5 SGL Rotec Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Wind Turbine Rotor 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 Rotor Blades Industrial Chain Analysis
11.4 Wind Turbine Rotor Blades Market Dynamics
11.4.1 Wind Turbine Rotor Blades Industry Trends
11.4.2 Wind Turbine Rotor Blades Market Drivers
11.4.3 Wind Turbine Rotor Blades Market Challenges
11.4.4 Wind Turbine Rotor Blades Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Wind Turbine Rotor Blades Distributors
12.3 Wind Turbine Rotor 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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