Please Wait.....
Report
Onshore Wind Turbine Blade Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 to 2032
Market Report I 2024-10-04 I 100 Pages I Global Market Insights
The Global Onshore Wind Turbine Blade Market, valued at USD 73.2 billion in 2023, is projected to grow at 5.7% CAGR from 2024 to 2032. Wind turbine blades are critical components that convert wind energy into mechanical energy, which is then converted into electricity by the turbine's generator. These blades, typically long and aerodynamic, are designed to maximize the capture of wind energy and optimize the efficiency of the turbine. As the industry focuses on sustainability, there is a growing trend toward developing eco-friendly blade materials and implementing recycling initiatives to address the challenges of blade disposal at the end of their life cycle. Smaller-scale wind projects, such as community and distributed wind systems, are also adopting advanced blade technologies, further driving market demand.
Additionally, emerging markets in Asia, Africa, and South America are seeing a surge in wind energy projects, spurred by rising energy needs and increasing investments in renewable technologies, bolstering the overall industry growth. In terms of blade size, the 31-60-meter onshore wind turbine blade segment is expected to exceed USD 21.5 billion by 2032. Advances in lightweight materials and aerodynamic designs are improving energy generation while reducing costs. The decreasing production and installation costs for turbines with longer blades make them a more attractive option for developers. Government incentives supporting the use of larger turbines are also encouraging the deployment of these blades in new projects, shaping the market growth trajectory.
Based on capacity, the >5 MW onshore wind turbine blade segment is forecasted to register a CAGR of over 4% through 2032, driven by the higher energy yields and cost-efficiency of larger turbines. Continuous improvements in turbine design, materials, and control systems have made larger turbines more efficient, with innovations such as increased rotor diameters and enhanced aerodynamics allowing for greater energy capture. The falling costs of wind energy, due to economies of scale and advancements in manufacturing processes, are making large turbines an attractive option, boosting their adoption. The Asia Pacific onshore wind turbine blade market is expected to reach USD 95 billion by 2032, spurred by innovations in blade design, materials, and manufacturing processes that make turbines more efficient and cost-effective.
Countries like China, India, and Japan are setting ambitious renewable energy goals, prompting significant investments in wind energy infrastructure. Supportive government policies, including subsidies and tax incentives, further accelerate the growth of wind energy projects in the region.
Report Content
Chapter 1 Methodology & Scope
1.1 Research design
1.2 Base estimates & calculations
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Industry Insights
2.1 Industry ecosystem
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Price trend analysis
2.6 Porter's analysis
2.6.1 Bargaining power of suppliers
2.6.2 Bargaining power of buyers
2.6.3 Threat of new entrants
2.6.4 Threat of substitutes
2.7 PESTEL analysis
Chapter 3 Competitive landscape, 2024
3.1 Introduction
3.2 Strategic dashboard
3.3 Innovation & technology landscape
Chapter 4 Market Size and Forecast, By Size, 2021 - 2032 (USD Million & MW)
4.1 Key trends
4.2 ? 30 m
4.3 31- 60 m
4.4 61-90 m
Chapter 5 Market Size and Forecast, By Capacity, 2021 - 2032 (USD Million & MW)
5.1 Key trends
5.2 <3 MW
5.3 3 MW - 5 MW
5.4 >5 MW
Chapter 6 Market Size and Forecast, By Material, 2021 - 2032 (USD Million & MW)
6.1 Key trends
6.2 Carbon fiber
6.3 Glass fiber
Chapter 7 Market Size and Forecast, By Region, 2021 - 2032 (USD Million & MW)
7.1 Key trends
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 UK
7.3.2 Ireland
7.3.3 Germany
7.3.4 Denmark
7.3.5 France
7.3.6 Netherlands
7.3.7 Belgium
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 South Korea
7.4.4 Vietnam
7.4.5 Taiwan
7.5 Middle East & Africa
7.5.1 South Africa
7.5.2 Egypt
7.6 Latin America
7.6.1 Brazil
7.6.2 Chile
7.6.3 Argentina
Chapter 8 Company Profiles
8.1 Acciona
8.2 Aeris Energy
8.3 EnBW
8.4 Enercon
8.5 Gamesa Corporacion Technologica
8.6 Hitachi Power Solutions
8.7 Nordex SE
8.8 Siemens
8.9 Sinoma Wind Power Blade
8.10 Suzlon Energy
8.11 Vestas Wind Systems
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security