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The wind turbine components market is poised to grow by $39.18 bn during 2023-2027, accelerating at a CAGR of 6.76% during the forecast period. The report on the wind turbine components market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rapid growth of the global wind power market, rising investments in clean sources of energy, and the presence of regulations that encourage power generation from renewable sources.
The wind turbine components market is segmented as below:
By Application
- Onshore
- Offshore
By Product
- Wind turbine rotor blades
- Wind turbine gearboxes
- Wind turbine generators
- Wind turbine towers
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the wind turbine components market covers the following areas:
- Wind turbine components market sizing
- Wind turbine components market forecast
- Wind turbine components market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global wind turbine components market: China High Speed Transmission Equipment Group Co. Ltd., CS WIND Corp., Dongfang Electric Corp., Emergya Wind Technologies BV, EnBW Energie Baden Wurttemberg AG, ENERCON GmbH, Envision Group, Flender GmbH, General Electric Co., ISHIBASHI Manufacturing Co. Ltd., Max Bogl Wind AG, Ming Yang Smart Energy Group Ltd., Sinoma Science and Technology Co. Ltd., Suzlon Energy Ltd., TPI Composites Inc., Vestas Wind Systems AS, XEMC Darwind BV, Xinjiang Goldwind Science and Technology Co. Ltd., ZF Friedrichshafen AG, and Siemens AG.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the consistently declining cost of wind power.`
According to the report, one of the major drivers for this market is the rapid growth of the global wind power market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- China High Speed Transmission Equipment Group Co. Ltd.
- CS WIND Corp.
- Dongfang Electric Corp.
- Emergya Wind Technologies BV
- EnBW Energie Baden Wurttemberg AG
- ENERCON GmbH
- Envision Group
- Flender GmbH
- General Electric Co.
- ISHIBASHI Manufacturing Co. Ltd.
- Max Bogl Wind AG
- Ming Yang Smart Energy Group Ltd.
- Sinoma Science and Technology Co. Ltd.
- Suzlon Energy Ltd.
- TPI Composites Inc.
- Vestas Wind Systems AS
- XEMC Darwind BV
- Xinjiang Goldwind Science and Technology Co. Ltd.
- ZF Friedrichshafen AG
- Siemens AG