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
The Wind Turbine Rotor Blade market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 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 presents the worldwide Wind Turbine Rotor Blade market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
China National Materials
Vestas Wind Systems
Wind Turbine Rotor Blade Breakdown Data by Type
Wind Turbine Rotor Blade Breakdown Data by Application
Public Power Utilities
Rural Electric Cooperatives
Wind Turbine Rotor Blade Production by Region
Wind Turbine Rotor Blade Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Wind Turbine Rotor Blade status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Wind Turbine Rotor Blade manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wind Turbine Rotor Blade market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Wind Turbine Rotor Blade Market Insights, Forecast to 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.