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Analyzing the Global Market for Wind Turbine Rotor Blades

Analyzing the Global Market for Wind Turbine Rotor Blades

Wind energy is produced with the help of wind turbines. Potential opportunities are thriving for the market of wind turbine rotor blade market as demand for electricity is increasing at a healthy rate in Asia Pacific countries, particularly China and India. The US is the second largest market in terms of total installed capacity. Canada also made significant progress in 2014 in the wind energy sector as wind energy projects were built and commissioned in the provinces of Ontario, Quebec, Alberta, Nova Scotia and Prince Edward Island.

Suitable policy environment and lowering costs of wind energy generation are fueling the growth of wind turbine rotor blades. Furthermore, growing population and emerging economies constitute the key drivers of the wind turbine rotor blade market. However, high pricing set for the maintenance of the wind turbine rotor blades can hinder the growth of the market.

Some of the key companies engaged in the manufacturing of wind turbine rotor blades are Acciona, China Ming Yang Wind Power Group, Dongfang Electric Corporation Limited, Enercon, Gamesa, LM Wind Power, Nordex, CSIC (Chongqing) Haizhuang Windpower Equipment and many others.

Strong growth has been projected for the wind turbine rotor blade market in the coming five years, as demand for wind turbines continues to rise due to the increasing global need for energy amidst a worldwide push towards renewable energy usage.

In this industry situation, Aruvian Research analyzes the global market for wind turbine rotor blades in this research report – Analyzing the Global Market for Wind Turbine Rotor Blades. The report begins with an analysis of the global wind energy industry and an introduction to wind power technology. The report is divided into 5 sections. Section 1 of the report Analyzing the Global Market for Wind Turbine Rotor Blades looks at how wind turbines work, wind power technology, power generation from wind, types of turbines, airborne wind turbines, power output from wind energy, turbine size, cost of wind turbines, and many other factors associated to wind turbines and the wind energy industry.

Section 1 also carries out an analysis of the global wind energy industry through a market profile, market statistics, market analysis by region (includes Africa and the Middle East, Asia, Europe, North America, South and Latin America and the Pacific Region), an analysis of wind power in the European Union, and an analysis of the global offshore wind market.

Moving on to section 2 of the report Analyzing the Global Market for Wind Turbine Rotor Blades, the section analyzes the global wind turbine industry. We look at the components of wind turbines, global installations of wind turbines, market sizes, cost of turbines, average turbine size and market share analysis.

Section 3 of the report analyzes the global market for wind turbine rotor blades. An overview of rotor blades is provided followed by a look at the manufacturing process of rotor blades.

The market for wind turbine rotor blades is analyzed through an industry overview, industry size, production of rotor blades and a cost analysis of wind turbine rotor blades. Production of rotor blades is segmented into production by independent manufacturers and in-house production by manufacturers.

Industry trends and competition in the industry is also analyzed.

The major manufacturers of wind turbine rotor blades such as Acciona, Dongfang Electric Corporation, China Ming Yang Wind Power Group and many others are analyzed through a corporate profile, an analysis of the business segments they perform through, a financial analysis and a SWOT analysis. The report analyzes 16 major players in the industry.


Executive Summary
Section 1: Overview of Wind Energy
A. Introduction to Wind Power
A.1 How do Wind Turbines Work?
A.2 Wind Power Technology
A.3 Power Generation from Wind
B. Wind Power Technology
B.1 Introduction
B.2 Types of Turbines
B.3 Airborne Wind Turbine
B.4 Wind Turbine’s Power Output
B.5 Cost of a Wind Turbine
B.6 Turbine Size
B.7 Efficiency Factors
B.8 Offshore Wind Turbines
B.9 Lifetime of a Turbine
B.10 Globalization Impacting the Wind Turbine Market
C. Analyzing the Global Wind Energy Industry
C.1 Market Profile
C.2 Market Statistics
C.3 Market Analysis by Region
C.3.1 Africa & the Middle East
C.3.2 Asia
C.3.3 Europe
C.3.4 North America
C.3.5 South & Latin America
C.3.6 Pacific Region
C.4 Wind Power in the European Union (EU)
C.4.1 Overview
C.4.2 Offshore Wind Market
C.4.3 Market Trends
C.4.4 Regulatory Framework
C.5 Global Offshore Wind Market
C.5.1 Overview
C.5.2 Asia
C.5.3 Europe
C.5.4 United States
Section 2: Global Wind Turbine Industry
A. Introduction to Wind Turbines
A.1 Components of Wind Turbines
A.2 Global Installations of Wind Turbines
A.3 Market Size
A.4 Cost of Turbines
A.5 Average Turbine Size
A.6 Market Share
Section 3: Analyzing the Global Market for Wind Turbine Rotor Blades
A. Introduction
A.1 Overview of Rotor Blades
A.2 Manufacturing of Rotor Blades
B. Market for Wind Turbine Rotor Blades
B.1 Industry Overview
B.2 Industry Size
B.3 Production of Rotor Blades
B.3.1 Overall Yearly Production
B.3.2 Independent Production of Rotor Blades by Manufacturers
B.3.3 In-house Production of Rotor Blades by Manufacturers
B.4 Cost of Wind Turbine Rotor Blades
C. Industry Trends
D. Competition in the Industry
Section 4: Analysis of Major Manufacturers of Wind Turbine Rotor Blades
A. Acciona SA
A.1 Corporate Profile
A.2 Business Segment Analysis
A.3 Financial Analysis
A.4 SWOT Analysis
B. China Ming Yang Wind Power Group Ltd
B.1 Corporate Profile
B.2 Business Segment Analysis
B.3 Financial Analysis
B.4 SWOT Analysis
C. Dongfang Electric Corporation Limited
C.1 Corporate Profile
C.2 Business Segment Analysis
C.3 Financial Analysis
C.4 SWOT Analysis
D. Enercon
D.1 Corporate Profile
D.2 Business Segment Analysis
D.3 Financial Analysis
D.4 SWOT Analysis
E. Gamesa Corporacion Tecnologica SA
E.1 Corporate Profile
E.2 Business Segment Analysis
E.3 Financial Analysis
E.4 SWOT Analysis
F. LM Wind Power
F.1 Corporate Profile
F.2 Business Segment Analysis
F.3 Financial Analysis
F.4 SWOT Analysis
G. Nordex SE
G.1 Corporate Profile
G.2 Business Segment Analysis
G.3 Financial Analysis
G.4 SWOT Analysis
H. Senvion SE
H.1 Corporate Profile
H.2 Business Segment Analysis
H.3 Financial Analysis
H.4 SWOT Analysis
I. Siemens AG
I.1 Corporate Profile
I.2 Business Segment Analysis
I.3 Financial Analysis
I.4 SWOT Analysis
J. Suzlon Energy Limited
J.1 Corporate Profile
J.2 Business Segment Analysis
J.3 Financial Analysis
J.4 SWOT Analysis
K. Vestas Wind Systems A/S
K.1 Corporate Profile
K.2 Business Segment Analysis
K.3 Financial Analysis
K.4 SWOT Analysis
L. CSIC (Chongqing) Haizhuang Windpower Equipment Co., Ltd. (CSIC)
M. Euros GmbH
N. Guodian United Power Technology Co., Ltd.
O. Inox Wind
P. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
Section 5: Conclusion
A. Appendix
B. Glossary of Terms
List of Figures
Figure 1: Power Curve for Wind Turbine
Figure 2: Energy Produced at Various Wind Speeds at Typical Wind Farm Site
Figure 3: Energy Produced at Various Wind Speeds at Typical Site
Figure 4: Capacity Factor in % of Rated Power
Figure 5: Aerodynamics of Wind Power
Figure 6: Components in a Simplified Wind Turbine
Figure 7: Airborne Wind Generator
Figure 8: Main Components of a Wind Turbine and their Share of the Overall Turbine Cost for a 5 MW Wind Turbine
Figure 9: Turbine Diameter Growth with Time
Figure 10: Growth in Size of Commercial Wind Turbine Designs
Figure 11: Development of the Average Wind Turbine Size Sold in Different Countries (in KW)
Figure 12: Increase in Turbine Prices from 2012 to 2014
Figure 13: Top 10 Cumulative Capacity as of Dec 2014
Figure 14: Top 10 New Installed Capacity Jan-Dec 2014
Figure 15: Global Annual Installed Wind Capacity 1997-2014
Figure 16: Global Cumulative Installed Wind Capacity 1997-2014
Figure 17: Annual Installed Capacity by Region 2006-2014
Figure 18: Share of New Wind Power Installations in the EU (in MW), 2014
Figure 19: Total Installed Capacity in the European Union (in MW), 2001-2014
Figure 20: Electricity Generating Installations in the EU (in GW), 2000-2014
Figure 21: Annual Offshore Wind Capacity Installations in Europe in 2014 (in MW)
Figure 22: Share of Wind Turbine Manufacturers’ at end of 2014 (in MW)
Figure 23: Components of a Wind Turbine
Figure 24: Global Annual Wind Power Installations (in GW), 2006-2015
Figure 25: Global Turbine Market Size (in USD Billion) & Average Turbine Cost (in USD per kW), 2006-2015
Figure 26: Average Capacity of a Wind Turbine, Offshore and Onshore Turbines (in MW), 2006-2020
Figure 27: Major Players in the Global Turbine Industry & their Market Share (%), 2014
Figure 28: Yearly Variation of Market Shares of Major Wine Turbine Suppliers (%), 2007-2014
Figure 29: Size of the Wind Turbine Rotor Blade Market (in USD Billion), 2006-2020
Figure 30: Yearly Production of Wind Turbine Rotor Blades (in MW), 2006-2014
Figure 31: Independent Production Statistics of Wind Turbine Rotor Blades by Manufacturers (in MW), 2007-2014
Figure 32: In-house Production Statistics of Wind Turbine Rotor Blades by Manufacturers (in MW), 2007-2014
Figure 33: Cost Breakup of Wind Turbine Rotor Blades (%), 2014
Figure 34: Price Range of Wind Turbine Rotor Blades (in USD per kW), 2006-2020
Figure 35: Major Independent Manufacturers of Wind Turbine Rotor Blades & their Market Share (%), 2014
Figure 36: Production Sites of Independent Manufacturers of Wind Turbine Rotor Blades
Figure 37: Major In-house Manufacturers of Wind Turbine Rotor Blades & their Market Share (%), 2014
Figure 38: Revenues & Profitability of Suzlon Energy Limited (in USD Million), 2010-2014
Figure 39: General Layout for a Wind Turbine System
Figure 40: An Offshore Wind Farm
Figure 41: Overall Wind Farm Costs
Figure 42: Total Renewables Cost Envelope vs. Coal, Gas & Nuclear Cost
Figure 43: Combustion Emissions from Electricity Generation 2005-2050
Figure 44: Low Emission Generation Requirements
List of Tables
Table 1: Four Optional Installation Systems for Offshore Wind Power
Table 2: Global Installed Wind Power Capacity (MW) by Regions, 2013-2014
Table 3: Upcoming Offshore Wind Power Projects in Japan
Table 4: Wind Farms and Turbines Connected to the Grid at end of 2014 in Europe
Table 5: Global Annual Wind Power Installations (in GW), 2006-2015
Table 6: Global Turbine Market Size (in USD Billion) & Average Turbine Cost (in USD per kW), 2006-2015
Table 7: Average Capacity of a Wind Turbine, Offshore and Onshore Turbines (in MW), 2006-2020
Table 8: Yearly Variation of Market Shares of Major Wine Turbine Suppliers (%), 2007-2014
Table 9: Size of the Wind Turbine Rotor Blade Market (in USD Billion), 2006-2020
Table 10: Yearly Production of Wind Turbine Rotor Blades (in MW), 2006-2014
Table 11: Independent Production Statistics of Wind Turbine Rotor Blades by Manufacturers (in MW), 2007-2014
Table 12: In-house Production Statistics of Wind Turbine Rotor Blades by Manufacturers (in MW), 2007-2014
Table 13: Price Range of Wind Turbine Rotor Blades (in USD per kW), 2006-2020
Table 14: Comparing Wind Turbine Rotor Blade Products of Independent Manufacturers, 2014
Table 15: Major Turbines Developed by Enercon
Table 16: Key Financials of Suzlon Energy Limited (in USD Million), 2010-2014

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