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Wind Turbine Blade Market Share

Report ID: GMI6744
Published Date: Sep 2023
Report Format: PDF

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Wind Turbine Blade Market Share

Some of the major players operating in the wind turbine blade industry include:

Siemens AG
Acciona S.A
Vestas Wind Systems
Gamesa Corporacion Technologica
EnBW
TPI Composites SA
LM Wind Power
Nordex SE
Sinoma wind power blade Co. Ltd
MFG Wind
Aeris Energy
Suzlon Energy Ltd
Enercon GmbH
Hitachi Power Solutions

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of wind turbine blade was crossed USD 88.47 billion in 2023 and will surpass USD 165.8 billion by 2032, due to the shifting focus towards wind energy sources along with rising requirement for reliable and efficient energy worldwide.

The carbon fiber material segment will surpass USD 129.5 billion by 2032 on account of its enhanced strength-to-weight ratio, that offers better strength and light weight blade designs.

Asia Pacific market for wind turbine blade will register over 6% CAGR from 2023 to 2032, owing to the rapid urbanization & industrialization along with favorable policies & regulations across developing economies in the region.

Siemens AG, Acciona S.A., Vestas Wind Systems, Gamesa Corporacion Technologica, EnBW, TPI Composites SA, LM Wind Power, Nordex SE, Sinoma wind power blade Co. Ltd, MFG Wind, and Aeris Energy are some of the major wind turbine blade companies worldwide.