-1.2 C
Munich
Tuesday, March 31, 2020

Global Wind Turbine Rotor Blades Market by 2029

Must read

Aircraft Elevator Market 2020 Growth Factors, Technological Innovation, Ongoing Trends and Forecast to 2026

Market Research Intellect recently published a report titled "Aircraft Elevator Market Size and Forecast to 2026". The primary and secondary research methods were used...

Aseptic Filling Machine For Vials Market Recent Industry Development Analysis 2020-2026

Market Research Intellect recently published a report titled "Aseptic Filling Machine For Vials Market Size and Forecast to 2026". The primary and secondary research...

Aseptic Vial Filling Systems Market 2020 Growth Factors, Technological Innovation, Ongoing Trends and Forecast to 2026

Market Research Intellect recently published a report titled "Aseptic Vial Filling Systems Market Size and Forecast to 2026". The primary and secondary research methods...

Heat Preservation Kettle Market Recent Industry Development Analysis 2020-2026

Market Research Intellect recently published a report titled "Heat Preservation Kettle Market Size and Forecast to 2026". The primary and secondary research methods were...

The report Wind Turbine Rotor Blades Market, By Material (Glass Fiber, and Carbon), By Application (OffShore Wind Power Generation, and Onshore Wind Power Generation, and By Region, (North America, Europe, Latin America, Asia Pacific, Middle East and Africa) – Global Forecast to 2028″.

The wind turbine rotor blades market size is projected to grow from US$ 7.21 billion in 2018 to US$ 53.08 billion by 2028. The global wind turbine rotor blades market is expected to register lucrative growth over the forecast period. This is attributed to increasing demand of electricity from wind source as it is a free energy resource.

Therefore, many industries are investing in wind turbine rotor blades, as there exists a pressing need to find an alternative source of energy considering the depletion of natural resources such as natural gas, fossil fuel, wood and coal.

Further, the wind turbine technology as also acknowledged as a clean and environmental friendly technology, as it does not emit carbon dioxide. Hence, installation of wind turbine projects is in demand, which favors the market of wind turbine rotor blades market.

Moreover, along with the industrial development and innovation in the field of wind power generation is also expected to propel the wind turbine rotor blades market.

Download sample copy of this report @

https://prophecymarketinsights.com/market_insight/Insight/request-sample/265

Key Highlights:

·         On 4 th December, WindEurope and the European Chemical Industry Council joined forces to host a workshop in Brussels, which aimed to assess the chemical industry to support the wind industry.

·         On 12th December 2018, according to the Russian Association of Wind Industry (RAWI)  Vetas opended its blade production facility in Ulyanovsk. This unit is expected to produce more than 55 blades in 2019.

Key Market Insights from the report:

The global market accounted for US$ 7.21billion in 2018 and is projected to register a lucrative CAGR of 19.0% over the forecast period. The market report has been segmented on the basis of material, and region.

·         By material the glass fibers segment accounted the majority share and is expected to dominate over the forecast.

·         By application, the onshore segment is expected dominate over the offshore segment, and is expected to maintain its dominance over the forecast period.

·         By region, North America electric vehicle battery market accounted for major revenue share of the global electric vehicle battery market and is further anticipated to maintain its dominance over the forecast period. The market in Europe accounted for second-highest revenue share in 2018.

Browse 70 market data tables* and 37 figures* on through 140 slides and in-depth TOC “ Global Wind Turbine Rotor Blades Market, By Material (Glass Fiber, and Carbon Fiber), By Application (Offshore Wind Power Generation, and Onshore Wind Power Generation) – Global forecast till 2028.

To know the upcoming trends and insights prevalent in this market, click the link below:

Links

https://prophecymarketinsights.com/market_insight/Global-Wind-Turbine-Rotor-Blades-265

The prominent player operating in the global wind turbine rotor market includes TPI Composite, Nordex SE, Vestas Wind Systems A/S, Senvion S.A., LM Wind Power, Enercon GmbH, Siemens Wind Power, Carbon Rotec GmbH & Co. KG., and Sinomatech Wind Power Blade Co.            

About Prophecy Market Insights

Prophecy Market Insights is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

Contact Us:

Prophecy Market Insights

Email- sales@prophecymarketinsights.com

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Aircraft Elevator Market 2020 Growth Factors, Technological Innovation, Ongoing Trends and Forecast to 2026

Market Research Intellect recently published a report titled "Aircraft Elevator Market Size and Forecast to 2026". The primary and secondary research methods were used...

Aseptic Filling Machine For Vials Market Recent Industry Development Analysis 2020-2026

Market Research Intellect recently published a report titled "Aseptic Filling Machine For Vials Market Size and Forecast to 2026". The primary and secondary research...

Aseptic Vial Filling Systems Market 2020 Growth Factors, Technological Innovation, Ongoing Trends and Forecast to 2026

Market Research Intellect recently published a report titled "Aseptic Vial Filling Systems Market Size and Forecast to 2026". The primary and secondary research methods...

Heat Preservation Kettle Market Recent Industry Development Analysis 2020-2026

Market Research Intellect recently published a report titled "Heat Preservation Kettle Market Size and Forecast to 2026". The primary and secondary research methods were...

Manual Control Heating Mantle Market Recent Industry Development Analysis 2020-2026

Market Research Intellect recently published a report titled "Manual Control Heating Mantle Market Size and Forecast to 2026". The primary and secondary research methods...