Wind Turbine Castings Market Research and Forecast 2019 to 2025: With Covid-19 Updates

MarketInsightsReports has published a report titled global Wind Turbine Castings Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.

The global Wind Turbine Castings Market is projected to grow at a CAGR of 6.4% during the forecast period 2020 to 2026.

Top Companies in the Global Wind Turbine Castings Market are
Goldwind Science & Technology, Premier, SAKANA, Suzlon Energy, ENERCON, Riyue Heavy, shandong longma Heavy, Simplex Castings, Sinovel Wind, K&M and Others.

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A wind turbine is a device that aids in converting the kinetic energy of wind into usable power. Rotor hubs are cast components in a wind turbine, and they are subjected to high stress. Casting aids in high creep resistance and are ideally suited for developing composite components.

Types of the market are Steel, Glass-Reinforced Plastic, Concrete, Copper and Other.

Applications of the market are Communities, Homes, Businesses and Other.

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News Updates
Siemens Gamesa, Suzlon grab 49% of India's wind turbine market share in 2019: BNEF (February 07, 2020)
Vestas, Inox Wind, GE Renewable Energy, and Envision Energy together took 47 per cent market share and the remaining 4 per cent was supplied by five other manufacturers
New Delhi: Wind turbine maker, Siemens Gamesa, emerged as India's top turbine supplier in 2019, followed by domestic supplier, Suzlon, which had seized the first rank in BNEF's manufacturers ranking in India in 2018.
The top two turbine makers held 49 per cent of the Indian market last year, according to a recent report by research firm BloombergNEF (BNEF).
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Wind-Turbine Castings Coming Back to the U.S.? (July 18, 2019)
The U.S. wind-turbine industry has suffered because government funds aimed at renewable energy have often gone towards buying foreign-made parts. At least, that is the common belief among the general public and, it would seem, the wind industry itself. For example, a recent article in a publication from the American Wind Energy Association stated that the U. S. has ceded its leading position for large sand-casted components for nacelles to the Taiwanese.
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Regions covered By Wind Turbine Castings Market Report 2020 To 2026 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other).

Objectives of the Wind Turbine Castings market report is
- Comprehensive evaluation of all opportunities and risks in the market.
- Wind Turbine Castings market current developments and significant occasions.
- Deep study of business techniques for development of the market-driving players.
- Conclusive study about the improvement plot of market for approaching years.
- Top to bottom approach of market-express drivers, targets and major littler scale markets.
- Favorable impression inside imperative mechanical and publicize latest examples striking the market.

References and Sources
https://energy.economictimes.indiatimes.com/news/renewable/siemens-gamesa-suzlon-grab-49-of-indias-wind-turbine-market-share-in-2019-bnef/74006364
https://www.machinedesign.com/news/article/21829538/windturbine-castings-coming-back-to-the-us

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All the reports that we list have been tracking the impact of COVID-19 the market.

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