Wind Turbine Rotor Blades Global Market Report - Falling Cost of Wind Energy to Step Up Investments in Wind Farms & Allied Turbine Technologies
Tuesday, December 5, 2023
DUBLIN, Nov. 27, 2023 /PRNewswire/ -- The "Wind Turbine Rotor Blades - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
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The global market for Wind Turbine Rotor Blades estimated at US$27.6 Billion in the year 2022, is projected to reach a revised size of US$50.3 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030. Above 60 Meters, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$14.8 Billion by the end of the analysis period. Growth in the 45 - 60 Meters segment is estimated at 7.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 9.3% CAGR
The Wind Turbine Rotor Blades market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.3 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
Competitor Profiles Featured in the Report
-- Aeris Energy
-- Enercon
-- Lianyungang Zhongfu Lianzhong Composites Group
-- LM Wind Power
-- Nordex
-- Siemens Gamesa Renewable Energy
-- Suloz Energy
-- TPI Composites
-- Vestas Wind Systems
Key Report Benefits
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
Key Topics Covered:
1. MARKET OVERVIEW
-- Urgent Need to Address Climate Change Provides the Foundation for the
Rise of Renewable Energy
-- Suffocating Spike in Emissions Shifts Focus on Renewables for Powering a
Safer Future: Global CO2 Emissions (In Billion Metric Tons) for Years
1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2021, 2022 &
2023
-- Robust Focus on Renewables Sets the Stage for the Growth of Wind Energy:
Global Clean Energy Investments (In US$ Billion) for Years 2017, 2019,
2021, and 2023
-- Myriad Benefits Make Wind Energy the Most Attractive of All Renewable
Energy Sources
-- Strong Outlook for Wind Energy Capacity Expansions Offers Opportunities
on a Platter for Wind Turbines & Allied Components: Global Cumulative
Installed Capacity of Wind Energy (In Gigawatts) for Years 2013, 2015,
2017, 2019, 2021, 2023 and 2025
-- Global Economic Update
-- Shaken by the War, Global Oil Prices Spiral and Feed Inflationary
Pressures, Guiding the World Towards a Cost of Living Crisis: Global
Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017
through 2024
-- War-Induced Commodity Price Increases & Broad Based Price Pressures Mark
the Return of Global Inflation to the Highest Level Seen Since 1996:
Global Inflation Rates (In %) for the Years 2019 Through 2024
-- Although Facing a Lower Recession Risk, Global Economic Growth in 2023
to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal
Easing of Inflation: World Economic Growth Projections (Real GDP, Annual
% Change) for the Years 2020 Through 2024
-- Recession Triggered by Uncontrolled Inflation or Unemployment, Which is
the Greater Evil? Inflation Battling Policy Measures to Slowdown Post
Pandemic Recovery in Unemployment Rates: Global Number of Unemployed
People (In Million) for Years 2019 Through 2024
-- Competition
-- Wind Turbine Rotor Blades - Global Key Competitors Percentage Market
Share in 2023 (E)
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2023 (E)
-- Wind Turbine Rotor Blades: Overview, Benefits, Materials & Types
-- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
-- Upgrades to Aging Energy Infrastructure, Distributed Energy, & Growing
Policy Led Emphasis On Integrating Wind Energy Into Utility Energy Mix
Bodes Well for Increased Deployment Opportunities for Wind Turbine Rotor
Blades
-- Falling Cost of Wind Energy to Step Up Investments in Wind Farms &
Allied Turbine Technologies
-- Onshore Wind Remains Among the Cheapest Sources of New Bulk Power
Generation: Global Levelised Cost of Electricity ($/MWh) by Energy Type
As of the Year 2022
-- Innovative & Smart Wind Turbine Blades Emerge Into the Spotlight
-- Carbon Fiber Based Wind Turbine Blade to Witness Strong Growth
-- New Developments in Carbon-Fiber-Reinforced Polymers as Evidenced by the
Growing Market for Carbon Fibre Composites Bodes Well for Development of
Innovative Carbon Fiber Based Turbine Blades: Global Market for Carbon
Fiber Composites (In US$ Billion) for Years 2023, 2025, 2027, 2029 &
2031
-- Demand for Larger Wind Turbines Drives Parallel Popularity of Longer
Turbine Blades
-- Focus on Sustainability & Parallel Rise in Concerns Over Disposing
End-of-Life Turbine Blade Leads to Innovation
-- As Sustainability Emerges Into an Unstoppable Force, Innovative Efforts
Get Underway to Keep Turbine Blades from Ending Up in Landfills: Global
Investments in Sustainability (In US$ Billion) for Years 2015, 2018,
2020 and 2022
-- Emphasis on Monitoring Brings Wind Turbine Blade Sensors into the
Spotlight
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/o76ncz
About ResearchAndMarkets.com
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