Wind Blade Market Analysis: Onshore & Offshore Blade Innovations | Top Companies are Vestas Wind Systems, LM Wind Power, Siemens Gamesa

The global wind blade market reached US$23.9 billion in 2023, rising to US$25.7 billion in 2024 and is expected to reach US$45.2 billion by 2032, growing at a CAGR of 7.2% from 2025 to 2032.

According to DataM Intelligence has published a new research report on "Wind Blade Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

A wind blade is a critical component of a wind turbine designed to capture kinetic energy from wind and convert it into rotational energy, which is then transformed into electricity by the generator. Wind blades are typically made from composite materials like fiberglass, carbon fiber, and resins, engineered for high strength, durability, and aerodynamic efficiency. They are essential for maximizing energy output and turbine reliability.

Wind Blade Market Size and Future Outlook:

2024 Market Size: US$25.7 billion
2032 Projected Market Size: US$45.2 billion
CAGR (2025-2032): 7.2%
Dominating Market: Asia-Pacific
Fastest Growing Market: North America

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➣ Recent Developments:

United States: Recent Industry Developments

✅ In July 2025, GE Renewable Energy launched next-generation Haliade-X wind blades with advanced aerodynamic design and carbon fiber reinforcement, improving efficiency in offshore wind projects.

✅ In June 2025, Siemens Gamesa inaugurated a new U.S. blade manufacturing facility producing 107-meter blades for large-scale onshore and offshore wind farms.

✅ In May 2025, TPI Composites partnered with major utilities to supply lightweight, durable wind blades optimized for extreme weather conditions in North America.

Europe: Recent Industry Developments

✅ In July 2025, Vestas introduced modular wind blade designs for easier transportation and installation, supporting offshore wind expansion in Northern Europe.

✅ In June 2025, LM Wind Power (Denmark) unveiled next-generation 88-102 meter blades with optimized aerodynamics for higher energy capture and reduced noise levels.

✅ In May 2025, Siemens Gamesa partnered with recycling firms in Spain to develop end-of-life solutions for composite wind blades, advancing circular economy initiatives.

Asia-Pacific: Recent Industry Developments

✅ In July 2025, Goldwind (China) launched 80-120 meter wind blades for ultra-large turbines, supporting increased capacity in offshore and onshore wind farms.

✅ In June 2025, Suzlon (India) upgraded blade manufacturing with carbon-fiber composites to enhance performance and durability in high-wind regions.

✅ In May 2025, Mitsubishi Heavy Industries (Japan) introduced advanced wind blades with integrated sensors for real-time structural monitoring and predictive maintenance.

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➣ Top Industry Players:

Vestas Wind Systems, LM Wind Power, Siemens Gamesa, Suzlon Energy, Enercon, Nordex Group, GE Renewable Energy, ACCIONA Windpower, Goldwind and WINDAR Renovables.

➣ Market Segments:

By Material: Glass Fiber, Carbon Fiber, Others

By Blade Size: Less Than 30 meters, 30-60 meters, Greater Than 60 meters

By Application: Onshore, Offshore

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Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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