Home > Energy & Power > Electrical Equipment > Turbines > North America Wind Turbine Blade Market
North America Wind Turbine Blade Market Size
- Report ID: GMI9165
- Published Date: Apr 2024
- Report Format: PDF
North America Wind Turbine Blade Market
North America Wind Turbine Blade Market was valued at USD 4.8 billion in 2023 and is anticipated to grow at a CAGR of 5.7% between 2024 and 2032.
Technological advancements and economies of scale have led to significant reductions in the wind energy production costs. The renewable power source has become increasingly competitive with conventional energy sources, thereby spurring the demand for wind turbine blades across the region.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| North America Wind Turbine Blade Market Size in 2023: | USD 4.8 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.7% |
| 2032 Value Projection: | USD 7.8 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 220 |
| Segments covered: | Material, Application, Capacity, Size and Country |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Increasing efforts to utilize clean power sources in line with the rising consumer shift to mitigate GHG emissions have positively impacted the product adoption. The growing adoption of reliable energy to improve the overall power output and decrease electricity bills along with favorable regulatory norms & targets to adopt wind power will drive the business growth.
Frequently Asked Questions (FAQ) :
North America Wind Turbine Blade Market Scope
