Composite Wind Power Blades Market, Global Outlook and Forecast 2023-2032
The global Composite Wind Power Blades market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Composite Wind Power Blades, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Wind Power Blades. This report contains market size and forecasts of Composite Wind Power Blades in global, including the following market information:
- Global Composite Wind Power Blades Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Composite Wind Power Blades Market Sales, 2018-2023, 2024-2032, (Units)
- Global top five Composite Wind Power Blades companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Below 1.5 MW Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Composite Wind Power Blades include LM Wind Power, Vestas, Enercon, Tecsis, Gamesa, Suzlon, TPI Composites, Siemens and CARBON ROTEC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Composite Wind Power Blades manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Composite Wind Power Blades Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Composite Wind Power Blades Market Segment Percentages, by Type, 2022 (%)
- 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
- Above 5.0 MW
Global Composite Wind Power Blades Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Composite Wind Power Blades Market Segment Percentages, by Application, 2022 (%)
Global Composite Wind Power Blades Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Composite Wind Power Blades Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Composite Wind Power Blades revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Composite Wind Power Blades revenues share in global market, 2022 (%)
- Key companies Composite Wind Power Blades sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Composite Wind Power Blades sales share in global market, 2022 (%)
key players include:
- LM Wind Power
- Vestas
- Enercon
- Tecsis
- 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Composite Wind Power Blades, market overview.
Chapter 2: Global Composite Wind Power Blades market size in revenue and volume.
Chapter 3: Detailed analysis of Composite Wind Power Blades manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Composite Wind Power Blades in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Composite Wind Power Blades capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
