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Global Wind Turbine Rotor Blade Market to Grow at a CAGR of 17% During 2014 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Wind Turbine Rotor Blade Market 2015-2018” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 11/04/2015 -- Report forecast the global wind turbine rotor blade market to grow at a CAGR of 17% by revenue over the period 2015-2019.

A wind turbine rotor blade is the fundamental component of a wind turbine. The rotor forms the central part of a turbine and consists of multiple rotor blades attached to a hub. Rotor blades act as a motor in the turbine and extract energy by capturing wind energy and converting it into the rotation of the hub. The most common rotor consists of a horizontal axis with three blades with a diameter ranging between 37m and 128m. With conventional power generation gradually losing its sheen because of growing environmental awareness, renewable energy especially the wind and solar have gained popularity worldwide.

The report covers the current scenario and the growth prospects of the global wind turbine rotor blade market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of wind turbine rotor blade.

Global Wind Turbine Rotor Blade Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global wind turbine rotor blade market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key players in the Global Wind Turbine Rotor Blade Market: Enercon, Gamesa, Goldwind, LM wind power, MFG, Nordex, TPI and Vestas

Other Prominent Vendors in the market are: ACCIONA, Aeroblade, Dewind, FlexSys, Guodian United Power Technology, Inox Wind, KM, PowerBlades, Siemens Wind Power, SINOI, Sinomatech Wind Power Blade, Suzlon Energy, Wuxi Turbine Blade, and Zhonghang Hui Teng Windpower Equipment.

According to the report, the amount of global offshore wind energy turbine installation is increasing at a rapid pace, which drives the demand for wind turbine rotor blades. Rotor blades are an essential and elementary component of the wind turbine, helping to capture electrical energy from wind. Offshore wind energy is an emerging market. The offshore wind turbines account for over 2% of the total wind power sector. Floating turbines is another prospect for the future.

Market driver
- Growing environmental concern
- For a full, detailed list, view our report

Market challenge
- High cost of offshore wind installations
- For a full, detailed list, view our report

Market trend
- Impact of government incentives on wind turbine installations
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space and what is their portfolio matrix?
- What are the market opportunities and threats faced by the key vendors?
- What is the competitive landscape as characterized by geography?
- What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages "Global Wind Turbine Rotor Blade Market 2015-2018" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by blade size, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-wind-turbine-rotor-blade-market-2015-2018

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