Wind Turbine Rotor Blade Market

Wind Turbine Rotor Blade Market by Blade Material (Glass Fiber, Carbon Composite) By Application (Onshore, Offshore) By Region - Global Market Report (2024 to 2034)

Analysis of Wind Turbine Rotor Blade Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Wind Turbine Rotor Blade Market Outlook (2024 to 2034)

The global wind turbine rotor blade market size is estimated to be valued at US$ 24,212.2 million in 2024. Projections indicate that wind turbine rotor blade demand is poised to expand at a CAGR of 8.2%, and forecast to reach a valuation of a US$ 53,248.4 million from 2024 to 2034.

The market is steadily expanding, driven by increased installations of wind energy capacity worldwide. Growth rates varied by region, with significant developments in Europe, Asia-Pacific, and North America.

Factors such as government initiatives promoting renewable energy, declining costs of wind power generation, technological advancements in blade design, and environmental concerns continued to drive demand for rotor blades.

Increasing concerns about climate change and a global shift towards cleaner energy sources further incentivize investments in wind power. This transition aligns with sustainable development goals, promoting increased investment in wind energy projects.

The push for cleaner energy options aims to reduce carbon emissions and dependency on fossil fuels. Wind power, as a clean and renewable energy source, aligns with these goals and experiences increased demand, thereby boosting the need for rotor blades.

Key Market Growth Drivers

  • The growing demand for cleaner and more sustainable energy sources.
  • The growing investment in wind power projects
  • The growing demand for wind turbine components, including rotor blades
  • Increasing onshore and offshore wind turbine installations
Report Attributes Details
Estimated Market Value (2024E) US$ 24,212.2 million
Forecasted Market Value (2034F) US$ 53,248.4 million
Global Market Growth Rate (2024 to 2034) 8.2%CAGR
Glass Fiber Segment Growth Rate (2024 to 2034) 8.1% CAGR
Onshore Segment Growth Rate (2024 to 2034) 8.4% CAGR
North America Market Share (2024) 16.1%
East Asia Market Share (2024)

34.9%

Key Companies Profiled

TPI Composites Inc.; Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd; LM Wind Power (a GE Renewable Energy business); Nordex SE; Siemens Gamesa Renewable Energy, S.A.; Vestas Wind Systems A/S; MFG Wind; Sinoma wind power blade Co. Ltd; Aeris Energy; Suzlon Energy Limited; Enercon GmbH

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Which Factors are Fueling Global Demand for Wind Turbine Rotor Blade?

Growing Investments in Wind Power Drive the Market's Expansion

Increased investment fosters the development of wind power infrastructure, including wind farms and associated technologies, spurring the demand for essential components like rotor blades.

Growing investment in wind power drives competition among manufacturers, leading to improvements in quality, design, and pricing of rotor blades. This competition encourages further investments to stay at the forefront of technological advancements.

Increasing concerns about climate change and a global shift towards cleaner energy sources further incentivize investments in wind power. This transition aligns with sustainable development goals, promoting increased investment in wind energy projects.

Supportive Government Policies to Boost the Market Demand

Growing global apprehensions regarding environmental impact and reduced reliance on fossil fuels, coupled with improved economic conditions in major economies, have contributed significantly to the wind turbine rotor blade market's growth.

Governments worldwide are implementing policies and setting targets to promote the adoption of renewable energy. Supportive regulations, incentives, and subsidies for wind power projects encourage investment and stimulate the rotor blade market's growth.

Additionally, the anticipated repowering of aging wind power infrastructure is poised to be a significant driver propelling the wind turbine rotor blade market in the coming years. Furthermore, the increasing adoption of renewable energy sources, particularly wind power, is expected to further boost the demand for rotor blades in the future.

Which Factors Pose Challenges to the Wind Turbine Rotor Blade Market?

Transpiration and Logistic Issues May Hamper the Market Growth

Maintaining consistent quality standards across large-scale manufacturing of rotor blades poses a challenge. Ensuring that each blade meets stringent quality requirements while scaling production is crucial for reliability and safety.

Handling and transporting large rotor blades from manufacturing units to installation sites, especially for offshore wind farms, pose logistical challenges. Innovations in transportation methods and infrastructure are essential to navigate these challenges effectively.

Ensuring the long-term durability and reliability of rotor blades, especially in harsh environmental conditions, remains a significant challenge. Proper maintenance strategies need to be developed to maximize the operational lifespan of blades and optimize energy output.

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Country-wise Insights

The North America wind turbine rotor blade market is poised for exceptional growth, projecting a CAGR of 7.7% through 2034. The high demand is coming from key countries, like United States and Canada is driving the market growth. In 2024, the United States dominates the wind turbine rotor blade industry with an estimated 56.5% market share.

Sales of wind turbine rotor blades in East Asia are anticipated to exhibit substantial progress, aiming for an 8.4% CAGR through 2034. In East Asia, China emerges as the key player in the wind turbine rotor blade industry, commanding a significant share of 52.2% in 2024.

What is the Demand Outlook for Wind Turbine Rotor Blade in United States?

“Rising Investment in Cleaner Energy Sources drive Market Demand in United State”

Attribute United States
Market Value (2024) US$ 2,202.5 million
Growth Rate (2024 to 2034) 7.3% CAGR
Projected Value (2034) US$ 4,444.5 million

The United States is forecasted to hold 54.2% of the North American market share by the end of 2034. Growth opportunities in the market are attributed to the increased investments in wind energy projects have led to significant growth in installed wind capacity.

The United States has abundant wind resources, especially in regions like the Midwest and Texas. Federal tax incentives, such as the Production Tax Credit (PTC) and Investment Tax Credit (ITC), have encouraged wind energy development, spurring the growth of wind farms and consequently, the demand for rotor blades.

Many states have set renewable energy targets and implemented policies favoring clean energy sources like wind power. This has stimulated market demand for wind turbine components, including rotor blades.

How is China projected to Create Growth Opportunity for Wind Turbine Rotor Blade Market?

“China's Wind Turbine Rotor Blade Market Thrives on Expanding Wind Energy Capacity”

Attribute China
Market Value (2024) US$ 4,410.9 million
Growth Rate (2024 to 2034) 7.8% CAGR
Projected Value (2034) US$ 9,357.1 million

China is forecasted to hold a 49.5% share of East Asia market revenue by 2034. Strong government initiatives and policies promoting renewable energy, including wind power, have been pivotal in driving the growth of the rotor blade market. China has set ambitious renewable energy targets and provided incentives and subsidies to support wind energy development.

China leads the world in installed wind capacity. The country has been rapidly expanding its wind energy infrastructure, especially in regions with abundant wind resources like Inner Mongolia and Xinjiang. This extensive deployment has significantly increased the demand for rotor blades.

China's commitment to reducing carbon emissions and transitioning towards cleaner energy sources has led to an increased focus on wind power, fostering the growth of the wind turbine rotor blade market.

Category-wise Insights

Based on the blade material, the glass fiber segment is estimated to hold a 86.4% market share in 2024. Simultaneously, the composite carbon segment is anticipated to secure a 13.6% share, contributing significantly to the market growth. Based on application, the onshore segment marks its dominance in the wind turbine rotor blade industry, with a share of 80.1% in 2024.

Based on Blade Material, Which Segment Account for High Share of Wind Turbine Rotor Blade Market?

“High Demand Predicted For Glass Fiber”

Attribute Glass Fiber
Segment Value (2024) US$ 20,919.3 million
Growth Rate (2024 to 2034) 8.1% CAGR
Projected Value (2034) US$ 45,580.7 million

Glass fiber is relatively more affordable compared to advanced materials like carbon fiber. This cost advantage makes it an attractive option, especially for onshore wind farms and smaller turbines where cost considerations play a significant role in material selection.

The manufacturing processes for glass fiber composite blades are well-established and widely used in the industry. This familiarity allows for efficient production and scaling, contributing to its continued demand.

Raw materials for glass fiber production are widely available, leading to a stable supply chain. This accessibility ensures consistent availability of materials for rotor blade manufacturing.

Glass fiber composites are considered environmentally friendly compared to some other materials. They can be recycled and reused in various applications, contributing to a more sustainable approach in the wind energy sector. Glass fiber materials often meet stringent regulatory and safety standards required for wind turbine components.

Which is the Most Prominent Application Segment in Wind Turbine Rotor Blade Market?

Onshore Segment Account for high Market Share

Attribute Onshore
Segment Value (2024) US$ 19,394.0 million
Growth Rate (2024 to 2034) 8.4% CAGR
Projected Value (2034) US$ 43,610.5 million

Onshore wind farms typically have lower installation and maintenance costs compared to offshore counterparts. They require less complex infrastructure, shorter transmission lines, and easier accessibility for maintenance and repair, making them more cost-effective.

Onshore wind farms generally face fewer regulatory hurdles and public acceptance issues compared to offshore installations. They tend to have fewer visual and environmental concerns, leading to smoother project approvals.

Advancements in onshore wind turbine technology have improved efficiency and increased energy output, making onshore installations more attractive. Larger rotor blades and taller turbine towers are being developed for onshore use, enhancing their capacity and performance.

Onshore wind farms can often connect to existing power grids more easily than offshore ones, reducing the complexity and cost associated with connecting to the electrical infrastructure.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competitive Landscape

Major players within the global wind turbine rotor blade market are anticipated to consolidate a substantial market share in the foreseeable future. Their strategic focus is projected to revolve around intensifying research and development endeavors to enhance product quality, aligning with evolving customer needs and expanding their consumer base.

These industry leaders are likely to establish dedicated research and development centers across diverse geographical regions. These centers would be specifically geared towards pioneering advancements, aiming to deliver superior products that meet or exceed market expectations.

  • In August 2022, LZ Blades achieved a significant milestone by producing a 123-meter wind turbine blade with a power capacity of 16MW. This accomplishment marks the fourth time within a year that LZ Blades has successfully manufactured blades exceeding 100 meters in length.
  • In May 2023 - Bridgepoint has finalized an agreement to acquire Windar, a company jointly owned by Grupo Daniel Alonso (holding 68%) and Siemens Gamesa (holding 32%).

Wind Turbine Rotor Blade Market - Key Segments

  • By Blade Material:

    • Glass Fiber
    • Carbon Composite
  • By Application:

    • Onshore
    • Offshore
  • By Region:

    • North America
    • Latin America
    • Western Europe
    • Eastern Europe
    • South Asia and Pacific
    • East Asia
    • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Blade Material
    • 5.1. Glass Fiber
    • 5.2. Carbon Composite
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    • 6.1. Onshore
    • 6.2. Offshore
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
    • 7.7. Middle East and Africa
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. TPI Composites Inc.
    • 17.2. Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd
    • 17.3. LM Wind Power (a GE Renewable Energy business)
    • 17.4. Nordex SE
    • 17.5. Siemens Gamesa Renewable Energy, S.A.
    • 17.6. Vestas Wind Systems A/S
    • 17.7. MFG Wind
    • 17.8. Sinoma wind power blade Co. Ltd
    • 17.9. Aeris Energy
    • 17.10. Suzlon Energy Limited
    • 17.11. Enercon GmbH
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Application, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 16: Latin America Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 21: Western Europe Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 22: Western Europe Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 23: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 24: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Eastern Europe Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 28: Eastern Europe Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 29: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 30: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 34: South Asia and Pacific Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 36: South Asia and Pacific Market Volume (Units) Forecast by Application, 2019 to 2034

Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 39: East Asia Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 40: East Asia Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 41: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 42: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034

Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Blade Material, 2019 to 2034

Table 46: Middle East and Africa Market Volume (Units) Forecast by Blade Material, 2019 to 2034

Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 48: Middle East and Africa Market Volume (Units) Forecast by Application, 2019 to 2034

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List Of Figures

Figure 1: Global Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Application, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 9: Global Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 13: Global Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 16: Global Market Attractiveness by Blade Material, 2024 to 2034

Figure 17: Global Market Attractiveness by Application, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 20: North America Market Value (US$ Million) by Application, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 27: North America Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 30: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 31: North America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 34: North America Market Attractiveness by Blade Material, 2024 to 2034

Figure 35: North America Market Attractiveness by Application, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 38: Latin America Market Value (US$ Million) by Application, 2024 to 2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 45: Latin America Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 49: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Blade Material, 2024 to 2034

Figure 53: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 56: Western Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Western Europe Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 63: Western Europe Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 66: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 67: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 70: Western Europe Market Attractiveness by Blade Material, 2024 to 2034

Figure 71: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: Eastern Europe Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 74: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 81: Eastern Europe Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 85: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 88: Eastern Europe Market Attractiveness by Blade Material, 2024 to 2034

Figure 89: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia and Pacific Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 92: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034

Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 106: South Asia and Pacific Market Attractiveness by Blade Material, 2024 to 2034

Figure 107: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 109: East Asia Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 110: East Asia Market Value (US$ Million) by Application, 2024 to 2034

Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: East Asia Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 117: East Asia Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 118: East Asia Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 120: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 121: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 122: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 124: East Asia Market Attractiveness by Blade Material, 2024 to 2034

Figure 125: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 127: Middle East and Africa Market Value (US$ Million) by Blade Material, 2024 to 2034

Figure 128: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034

Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Blade Material, 2019 to 2034

Figure 135: Middle East and Africa Market Volume (Units) Analysis by Blade Material, 2019 to 2034

Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Blade Material, 2024 to 2034

Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Blade Material, 2024 to 2034

Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 139: Middle East and Africa Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 142: Middle East and Africa Market Attractiveness by Blade Material, 2024 to 2034

Figure 143: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the expected value of the Wind Turbine Rotor Blade Market in 2024?

The global wind turbine rotor blade market is expected to be valued at US$ 24,212.2 million in 2024.

What is the anticipated value for the Wind Turbine Rotor Blade Market in 2034?

By 2034, the market value of wind turbine rotor blade is expected to reach US$ 53,248.4 million.

What is the expected forecast CAGR for the Wind Turbine Rotor Blade Market from 2024 to 2034?

From 2024 to 2034, the wind turbine rotor blade demand is likely to surge at an 8.2% CAGR

How opportunistic is the Chinese market for Wind Turbine Rotor Blades?

China is expected to register a 7.8% CAGR with regard to the wind turbine rotor blade industry.

At what rate is the market in North America predicted to grow?

The North America market for wind turbine rotor blade is forecasted to expand at a CAGR of 7.7 % through 2034.

What portion of global market is East Asia projected to hold by 2034?

East Asia is forecasted to account for 35.5% share of global market by 2034.

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