Wind Turbine Rotor Blade Market: Industry Size, Growth, Analysis And Forecast of 2022

Global Wind Turbine Rotor Blade Industry

Global Wind Turbine Rotor Blade market is accounted for $11.92 billion in 2015 and is expected to reach $24.56 billion by 2022 growing at a CAGR of 10.8% during the forecast period. Rising population, low cost power generation and developing economies are the key factors fueling the market growth. On the other hand high initial investment required for initial setup is hampering the market. Growth in energy sector is generating opportunities in the market. But shipment of rotor blades poses a major challenge for the market.

The Carbon Fiber market is expected to grow faster among the materials segment driven by its reduced weight and increase stiffness to the blades generating more amount of power. Asia Pacific accounted for the largest share in the market. As developing countries such as India and china have the highest installations of wind turbines for power generation, it is expected to grow at the highest CAGR during the forecast period.

Try Sample Report @ https://www.wiseguyreports.com/sample-request/562694-wind-turbine-rotor-blade-global-market-outlook-2015-2022

Some of the key players in the market include Suzlon Energy Limited, General Electric Company, Powerblades GMBH, Molded Fiber Glass Companies, Zhong Hang (Baoding) Huiteng Windpower Equipment Co. Ltd, LM Wind Power, Gamesa S.A., Aeris Energy, Siemens AG, SGL Rotec GMBH & Co. KG, China National Materials Company Limited (Sinoma), TPI Composites, Inc., Sinomatech Wind Power Blade Co. Ltd, Vestas Wind Systems A/S, Nordex S.E., Goldwind Acciona, S.A, MFG, Sinoi GMBH and Enercon GMBH.

Material Types Covered: 
• Glass Fiber 
• Carbon Fiber

Applications Covered: 
• Onshore 
• Offshore

Blade lengths Covered: 
•

Wise Guy Reports Is Part Of The Wise Guy Consultants Pvt. Ltd. And Offers Premium Progressive Statistical Surveying, Market Research Reports, Analysis & Forecast Data For Industries And Governments Around The Globe. Wise Guy Reports Features An Exhaustive List Of Market Research Reports From Hundreds Of Publishers Worldwide. We Boast A Database Spanning Virtually Every Market Category And An Even More Comprehensive Collection Of Market Research Reports Under These Categories And Sub-Categories.

Wise Guy Research Consultants Pvt Ltd
Pune – 411028
Maharashtra, Global
Ph: +91 841 198 5042
https://www.wiseguyreports.com

This release was published on openPR.