Onshore Wind Turbine Blade Market Size - By Material (Carbon Fiber, Glass Fiber), By Capacity (<3 MW, 3-5 MW, >5 MW), By Size (≤ 30 m, 31- 60 m, 61-90 m, ≥ 90 m), Regional Outlook & Forecast, 2024 – 2032

Onshore Wind Turbine Blade Market Size

The global onshore wind turbine blade market was valued at USD 73.2 billion in 2023 and is estimated to register at a CAGR of 5.7% between 2024 and 2032. A wind turbine blade for the onshore industry is a key component of a wind turbine that converts wind energy into mechanical energy. These blades are typically long, aerodynamic structures designed to capture wind and convert its kinetic energy into rotational energy, which is then transformed into electricity by the turbine's generator.
 

Industry's commitment to sustainability is leading to the development of eco-friendly blade materials and recycling initiatives, addressing concerns about end-of-life disposal. growing interest in smaller-scale projects, including community and distributed wind systems, which are also adopting advanced blade technologies will strengthen the product demand. Moreover, emerging markets in Asia, Africa, and South America are witnessing significant growth in wind energy adoption, driven by increasing energy demands and investments in renewable technologies, augmenting the industry landscape.
 

The adoption trends for the onshore wind turbine blade industry reflect a dynamic shift driven by technological advancements, market demands, and regulatory frameworks. Advancements in materials and aerodynamic designs are enhancing blade performance, reducing weight, and improving durability. The cost of manufacturing and installing turbine blades is decreasing as production processes improve, which will bolster the business landscape.
 

Onshore Wind Turbine Blade Market Trends

Wind farm developers are increasingly focused on optimizing site selection, which can effectively harness wind resources in a variety of landscapes, including hilly or forested areas, propelling the product demand. Older wind farms are being repowered with newer turbines featuring longer blades, enhancing overall energy output and efficiency. Furthermore, ongoing push for more sustainable energy solutions is driving the deployment of larger turbines that can generate more power with fewer units, reducing land use and environmental impact, strengthening the industry landscape.
 

Onshore Wind Turbine Blade Market Analysis

Based on size, the 31 - 60 m onshore wind turbine blade is anticipated to cross more than USD 21.5 billion by 2032. Lightweight materials and optimized aerodynamics further enhance energy generation and reduce costs. The production and installation costs of turbines with longer blades are decreasing, making them more financially viable for developers. Many governments are implementing supportive policies, including incentives for larger turbines. This regulatory backing encourages the deployment of longer blades in new wind projects, driving the business scenario.
 

Based on capacity, the > 5 MW onshore wind turbine blade market is anticipated to grow more than 4% CAGR through 2032, owing to as they offer higher energy yields and better economies of scale. Advancements in turbine design, materials, and control systems have enabled the production of larger and more efficient turbines. Innovations such as larger rotor diameters and improved aerodynamics contribute to greater energy capture. The decreasing cost of wind energy due to economies of scale and improved manufacturing processes makes large turbines more financially attractive, encouraging the product adoption.
 

Many governments are implementing policies that favor larger wind projects, offering incentives such as tax credits and streamlined permitting processes to encourage the deployment of high-capacity turbines.
 

Asia Pacific onshore wind turbine blade market is predicted to hit USD 95 billion by 2032, driven by innovations in blade design, materials, and manufacturing processes making wind turbines more efficient and cost-effective. Countries like China, India, and Japan are setting ambitious renewable energy targets, leading to greater investments in wind energy infrastructure. Supportive government policies, including subsidies, tax incentives, and feed-in tariffs, are encouraging the growth of wind energy projects. Further, the economies are also promoting local manufacturing to boost the economic development. Increasing awareness of climate change along with the need for sustainable energy sources is leading both governments and private sectors to prioritize wind energy.
 

The U.S. market growth is anticipated to grow owing to combination of wind energy with energy storage solutions, improving grid stability and making wind power a more reliable energy source. Further, as the wind energy market matures, there is a diversification in the types of projects being developed, including community-based initiatives and hybrid systems that combine wind with solar.
 

Onshore Wind Turbine Blade Market Share

The competitive landscape in the onshore wind turbine blade industry is characterized by a mix of global and regional players who dominate the market through innovation, scale, and strategic partnerships. Key players in the industry focus on producing larger and more efficient blades to maximize energy capture from wind resources, particularly as the average size of wind turbines continues to increase. The companies are focusing on producing longer blades to increase the efficiency. Further, independent blade manufacturers such as TPI Composites often form long-term partnerships with Original Equipment Manufacturers to provide blade supply, which helps them expand globally while maintaining competitive pricing.
 

Onshore Wind Turbine Blade Market Companies

Eminent players operating in the onshore wind turbine blade industry are:

• Acciona
• Aeris Energy
• EnBW
• Enercon
• Gamesa Corporacion Technologica
• Hitachi Power Solutions
• Nordex SE
• Siemens
• Sinoma Wind Power Blade
• Suzlon Energy
• Vestas Wind Systems
   

Onshore Wind Turbine Blade Industry News:

• In April 2022, Hitachi Power Solutions combined AI and other digital technologies with drones to mitigate risks at wind power facilities. The "Blade Total Service" adheres to service guidelines, ensuring greater security and safety while inspecting blades for repair. This service integrates digital technology into the inspection process, repair work, and maintenance planning. Key advantages include reduced inspection time, higher work efficiency, and increased inspection accuracy.
   
• In March 2022, the ZEBRA consortium introduced its first prototype of a recyclable wind turbine blade. The LM Wind Power plant manufactured the largest thermoplastic blade using Owens Corning's new high-performance glass materials and Arkema’s Elium resin. The manufacturing process utilized automation to reduce production waste and energy consumption. 
   

This onshore wind turbine blade market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue and volume in “(USD Million & MW)” from 2021 to 2032, for the following segments:

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Market, By Size

• ≤ 30 m
• 31 - 60 m
• 61 - 90 m

Market, By Capacity

• < 3 MW
• 3 - 5 MW
• > 5 MW

Market, By Material

• Carbon Fibre
• Glass Fibre

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Ireland
  • Germany
  • Denmark
  • France
  • Netherlands
  • Belgium
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Vietnam
  • Taiwan
• Middle East & Africa
  • South Africa
  • Egypt
• Latin America
  • Brazil
  • Chile
  • Argentina