Future Growth Projections for Wind Energy Generation and Repowering of Existing Projects Present Opportunities for Wind Turbine Rotor Blade Market - 2023

Global Wind Turbine Rotor Blade Market by Material (Glass Fiber, Carbon Fiber), by Blade Size (50 Meter) and Geography - Global Trends and Forecasts to 2023

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 blade sizes covered in the report range from smaller than 27 meters to 50 meters and above. In 2013, Asia-Pacific was the largest market for wind turbine rotor blades and accounted for a market share of 54.13%. The use of carbon fiber in blade manufacturing is growing at a fast pace as blade sizes tend to get larger than ever.

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Wind Turbine Rotor Blade in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

China leads the wind energy market mainly because of the government impetus on wind power generation.

Market Segment by Manufacturers, this report covers
• China National Materials
• Gamesa
• General Electric
• Siemens
• Sinoi GMBH
• Suzlon Energy
• Vestas Wind Systems
• Acciona
• Enercon GMBH
• Nordex
• Powerblades GMBH
• SGL Rotec GMBH

Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
• Glass Fiber
• Carbon Fiber

Market Segment by Applications, can be divided into
• Onshore Wind Turbines
• Offshore Wind Turbines

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The There are 15 Chapters to deeply display the global Wind Turbine Rotor Blade market.
Chapter 1, to describe Wind Turbine Rotor Blade Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Wind Turbine Rotor Blade, with sales, revenue, and price of Wind Turbine Rotor Blade, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Wind Turbine Rotor Blade, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Wind Turbine Rotor Blade market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Wind Turbine Rotor Blade sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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The wind turbine rotor blade market is estimated to witness large-scale investments in wind power projects, creating healthy opportunities for market growth. According to projections made by the International Energy Agency (IEA), global wind energy generation is set to get double by 2018, accounting for nearly 25% of all electricity generated in the world, making it the fastest growing among all other renewable energy options.

The wind turbine rotor blade market was segmented on the basis of material, blade length, and region. The market segmentation on the basis of material types includes glass fiber and carbon fiber, whereas blade length includes blades 50 meters. The regional segmentation of the market includes Asia-Pacific, Europe, North America, South America and the Middle East and Africa.

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The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past three years. Market drivers, restraints, and opportunities of the market are discussed in detail. The leading players in the market such Siemens AG (Germany), Vestas Wind System AS (Denmark), Suzlon Energy Limited (India), Acciona S.A. (Spain), and Gamesa Corporacion Tecnologica (Spain) have been profiled in this report.

Favorable policy environment and declining cost of wind energy generation are propelling the growth of wind turbine rotor blade. A combination of environmental concerns and economic advantages has led governments across the world to support the renewable energy industry. Although costs for generating wind power have been falling over the years, the capital costs involved in setting up a functional wind power project still remain high. Apart from construction and installation of wind turbines, costs may also increase, depending on the load factor and capacity factor of the turbines, which vary from according to the location of the project and the quality of wind resource.

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