Global Wind Turbine Rotor Blade Market 2018-2022
About wind turbine rotor blade
The wind turbine rotor consists of turbine blades and a shaft. The rotor of a wind turbine is attached to blades. The rotor is connected to the generator, which converts mechanical movement to electrical energy.
Technavio’s analysts forecast the global wind turbine rotor blade market to grow at a CAGR of 6.69% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Wind Turbine Rotor Blade Market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of wind turbine rotor blades segmented by application into onshore and offshore.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Wind Turbine Rotor Blade Market 2018-2022
Technavio recognizes the following companies as the key players in the global wind turbine rotor blade market: Siemens Gamesa, GENERAL ELECTRIC, Sinoma Science & Technology, TECSIS - TECNOLOGIA E SISTEMAS AVANÇADOS, TPI Composites, Vestas
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is increase in rotor diameter”
According to the report, one driver that is affecting the market is the rise in consumption of wind energy”
Further, the report states that one challenge that is affecting the market is the high investments required for offshore projects”
Sinoma Science & Technology
TECSIS - TECNOLOGIA E SISTEMAS AVANÇADOS