Global Wind Turbine Blade Market Growth 2023-2029

Global Wind Turbine Blade Market Growth 2023-2029

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).

LPI (LP Information)' newest research report, the “Wind Turbine Blade Industry Forecast” looks at past sales and reviews total world Wind Turbine Blade sales in 2022, providing a comprehensive analysis by region and market sector of projected Wind Turbine Blade sales for 2023 through 2029. With Wind Turbine Blade sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wind Turbine Blade industry.

This Insight Report provides a comprehensive analysis of the global Wind Turbine Blade landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wind Turbine Blade portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wind Turbine Blade market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wind Turbine Blade and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wind Turbine Blade.

The global Wind Turbine Blade market size is projected to grow from US$ 10460 million in 2022 to US$ 23770 million in 2029; it is expected to grow at a CAGR of 23770 from 2023 to 2029.

Global Wind Turbine Blade key players include Sinoma, Zhongfu Lianzhong, LM Wind Power, Avic, etc. Global top four manufacturers hold a share over 40%.

China is the largest market, with a share about 40%, followed by Europe, and North America, both have a share over 40 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Wind Turbine Blade market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Below 1.5 MW

1.5 MW

1.5-2.0 MW

2.0 MW

2.0-3.0 MW

3.0 MW

3.0-5.0 MW

Over 5.0 MW

Segmentation by application

Energy

Plastics

Composites

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

LM Wind Power

Vestas

Enercon

Tecsis

Siemens(Gamesa)

Suzlon

TPI Composites

Siemens

CARBON ROTEC

Acciona

Inox Wind

Zhongfu Lianzhong

Avic

Sinoma

TMT

New United

United Power

Mingyang

XEMC New Energy

DEC

Haizhuang Windpower

Wanyuan

CSR

SANY

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wind Turbine Blade market?

What factors are driving Wind Turbine Blade market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wind Turbine Blade market opportunities vary by end market size?

How does Wind Turbine Blade break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.