Wind Turbine Blade Market (Updated Version Available)

The report offers detailed coverage of Wind Turbine Blade industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wind Turbine Blade by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 wind power generation industry has grown rapidly and expanded worldwide in recent years to meet high global demand for clean electricity. In addition, from 2008 to 2014, the cumulative global power generating capacity of wind turbine installations in GWs increased by more than three times. Wind energy is now used in over 80 countries, 24 of which have more than 1 GW installed. The rapid growth in the wind power generation industry has been driven by population growth and the associated increase in electricity demand, widespread emphasis on expanded use of renewable energy and water resource management, the increasing effectiveness and cost- competitiveness of wind energy and accelerated urbanization in developing countries, among other factors.

Rapid development of global wind energy stimulates the wind turbine blade market as well. Global wind turbine blade production increased from 60155 Units in 2013 to 80972 Units in 2015 with the GACR of 16.02%.

The development of larger wind turbines and recent improvements in wind blade design, materials and manufacturing technology have significantly increased the power generating capacity of wind turbines. Today, wind blades are typically composed of advanced, high-strength, lightweight and durable composite materials. In addition, longer wind blades, which allow for a larger area of wind to be swept by the wind blades, coupled with taller towers, results in greater energy capture and reduces the overall cost of wind energy.

According to the wind turbine, the blades can be divided into the 1.5 MW, 2.0 WM, 3.0 WM, 5.0 WM and so on. The size of blades has positive correlation with the powder of turbines. Blades manufacturers are keen on their blade technology innovation, no matter from the size or the key raw materials.

With the promising market of wind energy, more and more Companies have entered in the wind turbine field in the recent few years. However, LM Wind Power, Vestas, Enercon , Tecsis are still the leaders, when considering the technology and product performance. The four Companies accounted for about 22% production share in 2015.

China has become the faster and the most promising market of wind turbine blade in the recent two years. As information revealed, in 2015, China accounted for about nearly half of wind energy new installed capacity in the world. It is predicted that the wind turbine blade market in China will become more intensified in the coming years, as more and more international Companies cast attention on the region.


The report forecast global Wind Turbine Blade market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Wind Turbine Blade market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
At the same time, we classify Wind Turbine Blade according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Market by ApplicationBy Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wind Turbine Blade market for the forecast period 2021 - 2025?
• What are the driving forces in the Wind Turbine Blade market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wind Turbine Blade industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?