Albany, NY, Jan. 21, 2016 (GLOBE NEWSWIRE) -- According to a research report added to the repository of ResearchMoz.us, the global wind turbine rotor blade market is estimated to expand at a CAGR of 17% during the period between 2015 and 2019. The report, titled “Global Wind Turbine Rotor Blade Market 2015-2019”, offers a comprehensive study of the global wind turbine motor blade market and assesses the growth and valuation of the market during the forecast horizon. The report calculates the size of the market, considering the revenue generated through the sale of wind turbine rotor blade. The report studies the global wind turbine rotor blade market across key regions and profiles some of the key players in the market.
In a wind turbine, the rotor forms the central part and has multiple rotor blades attached to a hub. Rotor blades serve as a motor in the turbine by virtue of extracting energy from the wind. The most common rotor consists of a horizontal axis attached to three blades with a diameter in the range of 37m-128m. As conventional power generation leads to environmental pollution, the demand for renewable energy such as wind and solar energy has increased. The report points out that the growing demand for wind energy has propelled the global wind turbine motor blade market. However, the high cost of offshore wind installations will restrain the growth of the market during the forecast horizon. The overall market is expected to be significantly benefitted by the government incentives on wind turbine installations.
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The report analyzes the cost of various components of wind turbine and describes the manufacturing process of wind turbine rotor blades. The report further analyzes the impact of Porter’s five forces on the growth of the global wind turbine motor blade market. On the basis of application, the report segments the global wind turbine motor blade market into offshore and onshore. As offshore wind is more powerful and consistent, offshore wind energy turbine installations are more in demand and are driving the market.
On the basis of blade size, the report segments the global wind turbine rotor blade market into 37-60m, 61-75m, 76-90m, and 90+ m. The demand for the 37-60m blade size is the highest. The report studies the global wind turbine rotor blade market across three key regions: APAC, EMEA, and Americas. The APAC region dominates the overall market and accounts for 45% market share.
Browse Report description and TOC:
Describing the competitive landscape, the report profiles some of the key players in the global wind turbine rotor blade market such as Gamesa, Enercon, Goldwind, MFG, Nordex, TPI, Vestas, LM Windpower, Suzlon Energy, Sinoi, KM, Inox Wind, Dewind, Flexsys, Guodian United Power Technology, Aeroblade, Acciona, Powerblades, Siemens Wind Power, Sinomatech Wind Power Blade, Wuxi Turbine Blade, and ZhonghangHuiTengWindpowerEquipment. The report provides insightful information about the key players including their product portfolio, global presence, and revenue.
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