Press release
Global Wind Power Casting Market was valued at 1810 Million US$ in 2018 and is projected to reach 1990 Million US$ by 2025, at a CAGR of 1.2% | Valuates Reports
Wind Turbine Casting is the casting accessories used in the wind energy systems and equipment. Wind turbine castings including fan hub, fan base and gearbox casing and so on.This report presents the worldwide Wind Power Casting market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Market Trends:
The growing wind energy industry driven by the rise in use of renewable energy sources is likely to drive growth in the wind turbine casting market. Wind energy plays a critical role in the establishment of an environmentally sustainable low carbon economy. Wind turbine is used to convert kinetic energy of wind into electrical power. Growing consumer awareness and incentive schemes are expected to augment the global demand for wind energy. Furthermore, increased installation of wind turbine and technological advancements are likely to further boost the demand for wind turbine across the globe. Additionally, product development and lower maintenance cost of the wind turbine have fuelled an additional demand for the wind turbines. Driven by the recent advances and development, the wind industry has allowed the wind turbine casting market to grow at a significant rate. Increasing installations of wind turbines in the offshore wind application are anticipated to accelerate growth in the global wind turbine casting market.
The study objectives are:
To analyze and research the global Wind Power Casting status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Wind Power Casting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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The following manufacturers are covered in this report:
CASCO
Elyria&Hodge
CAST-FAB
VESTAS
SHW
SIMPLEX
SAKANA
K&M
API
GLORIA
JIANGSU SINOJIT
Zhejiang Jiali
YEONGGUAN
DALIAN HUARUI
RIYUE HEAVY INDUSTRY
Qinchuan Machine
Shandong Longma
KOCEL
Henan Hongyu
SXD
Wind Power Casting Breakdown Data by Type
Wind Power Hub
Pedestal
Gearbox Castings
Others
Wind Power Casting Breakdown Data by Application
=3.0MW
Wind Power Casting Production by Region
United States
Europe
China
Japan
Other Regions
Wind Power Casting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wind Power Casting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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