
Global Wind Turbine Rotor Blade Market Size Study & Forecast, by Material Type (Glass Fiber and Carbon Fiber), by Size (Up-to 27 Meters, 28–37 Meters, 38–50 Meters, and More Than 50 Meters), by Capacity (Less Than 2 MW, 2 MW–5 MW, and 5 MW), by Applicatio
Description
The Global Wind Turbine Rotor Blade Market is valued at approximately USD 22.51 billion in 2024 and is expected to expand at a remarkable compound annual growth rate (CAGR) of 20.50% during the forecast period from 2025 to 2035. Rotor blades are an essential component of modern wind turbines, responsible for capturing kinetic energy from wind and converting it into mechanical power. As the global momentum toward renewable energy accelerates, demand for more efficient, longer, and lightweight turbine blades is intensifying across both onshore and offshore wind energy installations. Key factors contributing to this growth include the rising adoption of clean energy policies, declining levelized cost of electricity (LCOE) for wind projects, and continued innovation in composite materials like carbon and glass fiber that enhance blade strength while reducing weight and transportation costs.
Wind turbine rotor blade manufacturers are increasingly prioritizing advanced design simulations, modular construction, and aerodynamic engineering to create blades that deliver superior efficiency even under fluctuating wind conditions. Larger blades, especially those exceeding 50 meters in length, are witnessing heightened demand for offshore wind farms, where turbines face harsher environmental stress and require greater power output. Onshore markets, meanwhile, continue to deploy shorter blades but in higher volumes, driven by cost-competitiveness and expanding utility-scale wind projects. The shift toward carbon fiber-based blades is particularly noteworthy, offering improved stiffness-to-weight ratios, though at a higher upfront cost. This shift aligns with the growing emphasis on long-term performance, lifecycle cost savings, and reliability of turbine systems in utility-scale installations.
Regionally, North America commands a strong presence in the global wind turbine rotor blade market, fueled by federal tax incentives, aggressive renewable energy targets, and the growing presence of offshore wind initiatives along the East Coast of the U.S. Europe remains a technological frontrunner, with Denmark, Germany, and the UK making massive strides in offshore deployment and innovation in floating turbine technology. Meanwhile, the Asia Pacific region is poised to experience the fastest growth through 2035. Countries such as China and India are witnessing rapid infrastructure development and large-scale renewable energy investments, with national policies encouraging both domestic manufacturing of turbine components and accelerated installation of wind farms. Latin America and the Middle East & Africa are also beginning to tap into their wind potential, aided by improving regulatory environments and foreign investments in green energy ventures.
Major market players included in this report are:
• Siemens Gamesa Renewable Energy
• Nordex SE
• GE Renewable Energy
• TPI Composites, Inc.
• Vestas Wind Systems A/S
• Suzlon Energy Ltd.
• LM Wind Power (a GE Renewable Energy business)
• Enercon GmbH
• Acciona Energia
• Goldwind
• Mingyang Smart Energy Group Ltd.
• Envision Energy
• Senvion S.A.
• Sinoma Wind Power Blade Co., Ltd.
• Inox Wind Ltd.
Global Wind Turbine Rotor Blade Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Material Type:
• Glass Fiber
• Carbon Fiber
By Size:
• Up-to 27 Meters
• 28–37 Meters
• 38–50 Meters
• More Than 50 Meters
By Capacity:
• Less Than 2 MW
• 2 MW–5 MW
• 5 MW
By Application:
• Onshore
• Offshore
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Wind turbine rotor blade manufacturers are increasingly prioritizing advanced design simulations, modular construction, and aerodynamic engineering to create blades that deliver superior efficiency even under fluctuating wind conditions. Larger blades, especially those exceeding 50 meters in length, are witnessing heightened demand for offshore wind farms, where turbines face harsher environmental stress and require greater power output. Onshore markets, meanwhile, continue to deploy shorter blades but in higher volumes, driven by cost-competitiveness and expanding utility-scale wind projects. The shift toward carbon fiber-based blades is particularly noteworthy, offering improved stiffness-to-weight ratios, though at a higher upfront cost. This shift aligns with the growing emphasis on long-term performance, lifecycle cost savings, and reliability of turbine systems in utility-scale installations.
Regionally, North America commands a strong presence in the global wind turbine rotor blade market, fueled by federal tax incentives, aggressive renewable energy targets, and the growing presence of offshore wind initiatives along the East Coast of the U.S. Europe remains a technological frontrunner, with Denmark, Germany, and the UK making massive strides in offshore deployment and innovation in floating turbine technology. Meanwhile, the Asia Pacific region is poised to experience the fastest growth through 2035. Countries such as China and India are witnessing rapid infrastructure development and large-scale renewable energy investments, with national policies encouraging both domestic manufacturing of turbine components and accelerated installation of wind farms. Latin America and the Middle East & Africa are also beginning to tap into their wind potential, aided by improving regulatory environments and foreign investments in green energy ventures.
Major market players included in this report are:
• Siemens Gamesa Renewable Energy
• Nordex SE
• GE Renewable Energy
• TPI Composites, Inc.
• Vestas Wind Systems A/S
• Suzlon Energy Ltd.
• LM Wind Power (a GE Renewable Energy business)
• Enercon GmbH
• Acciona Energia
• Goldwind
• Mingyang Smart Energy Group Ltd.
• Envision Energy
• Senvion S.A.
• Sinoma Wind Power Blade Co., Ltd.
• Inox Wind Ltd.
Global Wind Turbine Rotor Blade Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Material Type:
• Glass Fiber
• Carbon Fiber
By Size:
• Up-to 27 Meters
• 28–37 Meters
• 38–50 Meters
• More Than 50 Meters
By Capacity:
• Less Than 2 MW
• 2 MW–5 MW
• 5 MW
By Application:
• Onshore
• Offshore
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Wind Turbine Rotor Blade Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
- Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
- Chapter 3. Global Wind Turbine Rotor Blade Market Forces Analysis (2024–2035)
- 3.1. Market Forces Shaping the Global Wind Turbine Rotor Blade Market (2024–2035)
- 3.2. Drivers
- 3.2.1. Increasing adoption of renewable energy initiatives globally
- 3.2.2. Technological advancements in blade materials and design efficiency
- 3.3. Restraints
- 3.3.1. High capital costs for advanced composite blade materials
- 3.3.2. Complex logistics in transporting and installing longer blades
- 3.4. Opportunities
- 3.4.1. Rising investments in offshore wind energy projects
- 3.4.2. Emergence of floating wind turbine technology
- Chapter 4. Global Wind Turbine Rotor Blade Industry Analysis
- 4.1. Porter’s 5 Forces Model
- 4.1.1. Bargaining Power of Buyers
- 4.1.2. Bargaining Power of Suppliers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter’s 5 Force Forecast Model (2024–2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024–2025)
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
- Chapter 5. Global Wind Turbine Rotor Blade Market Size & Forecasts by Material Type 2025–2035
- 5.1. Market Overview
- 5.2. Global Wind Turbine Rotor Blade Market Performance - Potential Analysis (2025)
- 5.3. Glass Fiber
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.3.2. Market Size Analysis, by Region, 2025–2035
- 5.4. Carbon Fiber
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.4.2. Market Size Analysis, by Region, 2025–2035
- Chapter 6. Global Wind Turbine Rotor Blade Market Size & Forecasts by Size 2025–2035
- 6.1. Market Overview
- 6.2. Up-to 27 Meters
- 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.2.2. Market Size Analysis, by Region, 2025–2035
- 6.3. 28–37 Meters
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.3.2. Market Size Analysis, by Region, 2025–2035
- 6.4. 38–50 Meters
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.4.2. Market Size Analysis, by Region, 2025–2035
- 6.5. More Than 50 Meters
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.5.2. Market Size Analysis, by Region, 2025–2035
- Chapter 7. Global Wind Turbine Rotor Blade Market Size & Forecasts by Capacity 2025–2035
- 7.1. Market Overview
- 7.2. Less Than 2 MW
- 7.2.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 7.2.2. Market Size Analysis, by Region, 2025–2035
- 7.3. 2 MW–5 MW
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 7.3.2. Market Size Analysis, by Region, 2025–2035
- 7.4. More Than 5 MW
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 7.4.2. Market Size Analysis, by Region, 2025–2035
- Chapter 8. Global Wind Turbine Rotor Blade Market Size & Forecasts by Application 2025–2035
- 8.1. Market Overview
- 8.2. Onshore
- 8.2.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 8.2.2. Market Size Analysis, by Region, 2025–2035
- 8.3. Offshore
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 8.3.2. Market Size Analysis, by Region, 2025–2035
- Chapter 9. Global Wind Turbine Rotor Blade Market Size & Forecasts by Region 2025–2035
- 9.1. Global Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America
- 9.3.1. U.S.
- 9.3.1.1. Breakdown by Segment, 2025–2035
- 9.3.1.2. Breakdown by Application, 2025–2035
- 9.3.2. Canada
- 9.3.2.1. Breakdown by Segment, 2025–2035
- 9.3.2.2. Breakdown by Application, 2025–2035
- 9.4. Europe
- 9.4.1. UK
- 9.4.1.1. Breakdown by Segment, 2025–2035
- 9.4.1.2. Breakdown by Application, 2025–2035
- 9.4.2. Germany
- 9.4.3. France
- 9.4.4. Spain
- 9.4.5. Italy
- 9.4.6. Rest of Europe
- 9.5. Asia Pacific
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South Korea
- 9.5.6. Rest of Asia Pacific
- 9.6. Latin America
- 9.6.1. Brazil
- 9.6.2. Mexico
- 9.7. Middle East & Africa
- 9.7.1. UAE
- 9.7.2. Saudi Arabia
- 9.7.3. South Africa
- 9.7.4. Rest of Middle East & Africa
- Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Siemens Gamesa Renewable Energy
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Vestas Wind Systems A/S
- 10.4. GE Renewable Energy
- 10.5. LM Wind Power
- 10.6. TPI Composites, Inc.
- 10.7. Nordex SE
- 10.8. Suzlon Energy Ltd.
- 10.9. Enercon GmbH
- 10.10. Acciona Energia
- 10.11. Senvion S.A.
- 10.12. Goldwind
- 10.13. Envision Energy
- 10.14. Mingyang Smart Energy Group Ltd.
- 10.15. Sinoma Wind Power Blade Co., Ltd.
- 10.16. Inox Wind Ltd.
- List of Tables
- Table 1. Global Wind Turbine Rotor Blade Market, Report Scope
- Table 2. Global Market Estimates & Forecasts by Region, 2024–2035
- Table 3. Market Estimates & Forecasts by Material Type, 2024–2035
- Table 4. Market Estimates & Forecasts by Size, 2024–2035
- Table 5. Market Estimates & Forecasts by Capacity, 2024–2035
- Table 6. Market Estimates & Forecasts by Application, 2024–2035
- Table 7. U.S. Market Estimates & Forecasts, 2024–2035
- Table 8. Canada Market Estimates & Forecasts, 2024–2035
- Table 9. UK Market Estimates & Forecasts, 2024–2035
- Table 10. Germany Market Estimates & Forecasts, 2024–2035
- Table 11. France Market Estimates & Forecasts, 2024–2035
- Table 12. Spain Market Estimates & Forecasts, 2024–2035
- Table 13. Italy Market Estimates & Forecasts, 2024–2035
- Table 14. Rest of Europe Market Estimates & Forecasts, 2024–2035
- Table 15. China Market Estimates & Forecasts, 2024–2035
- Table 16. India Market Estimates & Forecasts, 2024–2035
- Table 17. Japan Market Estimates & Forecasts, 2024–2035
- Table 18. Australia Market Estimates & Forecasts, 2024–2035
- Table 19. South Korea Market Estimates & Forecasts, 2024–2035
- Table 20. Rest of APAC Market Estimates & Forecasts, 2024–2035
- Table 21. Brazil Market Estimates & Forecasts, 2024–2035
- Table 22. Mexico Market Estimates & Forecasts, 2024–2035
- Table 23. UAE Market Estimates & Forecasts, 2024–2035
- Table 24. Saudi Arabia Market Estimates & Forecasts, 2024–2035
- Table 25. South Africa Market Estimates & Forecasts, 2024–2035
- Table 26. Rest of MEA Market Estimates & Forecasts, 2024–2035
- List of Figures
- Figure 1. Research Methodology
- Figure 2. Market Estimation Techniques
- Figure 3. Market Size Estimation and Forecast Approach
- Figure 4. Key Trends Shaping the Market (2025)
- Figure 5. Growth Prospects (2024–2035)
- Figure 6. Porter’s Five Forces Analysis
- Figure 7. PESTEL Analysis
- Figure 8. Value Chain Overview
- Figure 9. Market by Material Type (2025 & 2035)
- Figure 10. Market by Size Segment (2025 & 2035)
- Figure 11. Market by Capacity Segment (2025 & 2035)
- Figure 12. Market by Application (2025 & 2035)
- Figure 13. North America Market Outlook (2025 & 2035)
- Figure 14. Europe Market Outlook (2025 & 2035)
- Figure 15. Asia Pacific Market Outlook (2025 & 2035)
- Figure 16. Latin America Market Outlook (2025 & 2035)
- Figure 17. Middle East & Africa Market Outlook (2025 & 2035)
- Figure 18. Company Market Share Analysis (2025)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.