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Wind Turbine Blades Market, Global Outlook and Forecast 2023-2032

The global Wind Turbine Blades market was valued at US$ 11000 million in 2022 and is projected to reach US$ 26370 million by 2029, at a CAGR of 13.3% 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 materialsa 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).
This report aims to provide a comprehensive presentation of the global market for Wind Turbine 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 Wind Turbine Blades. This report contains market size and forecasts of Wind Turbine Blades in global, including the following market information:
Global Wind Turbine Blades Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Wind Turbine Blades Market Sales, 2018-2023, 2024-2032, (MW)
Global top five Wind Turbine Blades companies in 2022 (%)

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.
We surveyed the Wind Turbine 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 Wind Turbine Blades Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (MW)
Global Wind Turbine Blades Market Segment Percentages, by Type, 2022 (%)
  • Below 1.5MW
  • 1.5-4MW
  • 4-6MW
  • Above 6MW
Global Wind Turbine Blades Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (MW)
Global Wind Turbine Blades Market Segment Percentages, by Application, 2022 (%)
  • Land
  • Maritime
Global Wind Turbine Blades Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (MW)
Global Wind Turbine Blades Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Wind Turbine Blades revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Wind Turbine Blades revenues share in global market, 2022 (%)
  • Key companies Wind Turbine Blades sales in global market, 2018-2023 (Estimated), (MW)
  • Key companies Wind Turbine Blades sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • LM Wind Power
  • GAMESA
  • Vestas
  • Siemens
  • SANY
  • ENERCON
  • Suzlon
  • Sinoma Science&technology
  • TPI Composites
  • Zhuzhou Times New Material Technology
  • United Power Technology
  • Shanghai Aeolon
  • Chongtong Chengfei New Material
  • Lianyungang Zhongfu Lianzhong
  • SHFRP
  • Luoyang Sunrui Wind Turbine

Outline of Major Chapters:
Chapter 1: Introduces the definition of Wind Turbine Blades, market overview.
Chapter 2: Global Wind Turbine Blades market size in revenue and volume.
Chapter 3: Detailed analysis of Wind Turbine 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 Wind Turbine 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 Wind Turbine 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.