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Wind Turbine Casting Market is Expected to Grow to US$ 4,597.45 Million Driven by an 6.6% CAGR From 2025 to 2034

01-30-2025 02:56 PM CET | Energy & Environment

Press release from: Polaris Market Research & Consulting

Wind Turbine Casting Market

Wind Turbine Casting Market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฐ๐ข๐ง๐ ๐ญ๐ฎ๐ซ๐›๐ข๐ง๐ž ๐œ๐š๐ฌ๐ญ๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 2,418.35 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ 4,597.45 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2034. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 6.6% ๐Ÿ๐ซ๐จ๐ฆ 2025 ๐ญ๐จ 2034.

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
Wind turbine casting indicates the industry included in the manufacturing and supply of cast constituents utilized in wind turbines. Wind turbines are gadgets that capitalize energy and transform it into electricity. They comprise several constituents involving towers, blades, hubs, nacelle, and interior constituents such as gearboxes and generators. It plays a significant role in the making of wind turbine constituents. They are manufactured by pouring molten metal into a mold, permitting it to solidify into the desired shape. In wind turbines, castings are normally rendered from substances such as steel, iron, and aluminum, relying on the particular constituent and its needs.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/wind-turbine-casting-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
Technological progressions in casting procedures, such as accuracy casting, 3D printing, and progressive substances, are expected to drive up the demand for wind turbine casting. Moreover, government capabilities such as the Norwegian offshore wind energy project and the UK's Floating Offshore Wind Manufacturing Investment Scheme offer fiscal reinforcement, and framework advancement that will propel the wind turbine casting market forward.

๐Š๐ž๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:
Some of the major players participating in the wind turbine casting market are:
โ€ข Sinovel Wind Group Co., Ltd.
โ€ข Dean Group International
โ€ข Vestas
โ€ข Goldwind Science and Technology Co., Ltd.
โ€ข Enercon GmbH
โ€ข Dalian Huarui Heavy Industry Group Co., Ltd.
โ€ข Suzlon Energy Limited
โ€ข JS Auto Cast Foundry Pvt Ltd
โ€ข Sakana Group

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/wind-turbine-casting-market/request-for-discount-pricing

๐–๐ข๐ง๐ ๐“๐ฎ๐ซ๐›๐ข๐ง๐ž ๐‚๐š๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Based on type, the horizontal-axis wind turbine (HAWT) segment dominated the wind turbine casting market share in 2024, driven by cost-effective casting techniques, design flexibility, and enhanced turbine efficiency for large-scale and smaller applications.

โ€ข By material type, the steel segment is expected to grow rapidly in the wind turbine casting market, driven by the strength, durability, corrosion resistance, and cost-effective performance of the material, especially in offshore and high-load applications.

โ€ข Asia Pacific led the wind turbine casting market revenue share in 2024 owing to rapid wind energy growth, especially in China, supported by government policies, and advancements in turbine design.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:
The wind turbine casting analysis is mainly based on type, material, application, casting technology, end-use, and region. Based on type, the horizontal axis segment witnesses the fastest growth. Also, according to material, the steel segment holds a significant revenue share. Steel has become the favored substance for wind turbine constituents such as towers and rotors because of its outstanding robustness, longevity, and strength-to-weight ratio. The material's capacity to resist enormous forces and weight sanctions the prolonged presentation of these constituents.
By Type Outlook (Revenue, USD Million, 2021-2034)
โ€ข Horizontal Axis
โ€ข Vertical Axis

By Material Type Outlook (Revenue, USD Million, 2021-2034)
โ€ข Steel
โ€ข Cast Iron
โ€ข Aluminum Alloy
โ€ข Glass-Reinforced Plastic
โ€ข Copper
โ€ข Others

By Application Outlook (Revenue, USD Million, 2021-2034)
โ€ข Onshore
โ€ข Offshore

By Casting Technology Outlook (Revenue, USD Million, 2021-2034)
โ€ข Sand Casting
โ€ข Chill Casting
โ€ข Others

By End Use Outlook (Revenue, USD Million, 2021-2034)
โ€ข Industrial
โ€ข Commercial
โ€ข Residential

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/wind-turbine-casting-market

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข North America
o US
o Canada

โ€ข Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe

โ€ข Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Rest of Asia Pacific

โ€ข Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa

โ€ข Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Outdoor Power Equipment Market:
https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market

Hydrogen Generation Market:
https://www.polarismarketresearch.com/industry-analysis/hydrogen-generation-market

Green Hydrogen Market:
https://www.polarismarketresearch.com/industry-analysis/green-hydrogen-market

LNG Storage Tanks Market:
https://www.polarismarketresearch.com/industry-analysis/lng-storage-tank-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
๐‹๐ข๐ค๐ก๐ข๐ฅ ๐†
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Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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