Tuesday, 22 July 2014

Wind Turbine Rotor Blade Market Growth in APAC, America and EMEA Regions Covered in a Report



A wind turbine rotor blade is fundamental component of a wind turbine. The rotor forms the central part of the turbine and consists of multiple rotor blades attached to a hub. The rotor blades act as a motor in the turbine and extract energy by capturing wind energy and converting it into the rotation of the hub. The most common rotor consists of a horizontal axis with three blades with a diameter ranging from 37-128 meters.

Analysts forecast the Global Wind Turbine Rotor Blade market will grow at a CAGR of 14.5 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in the Global Wind Turbine Rotor Blade Market : Enercon GmbH, Gamesa Corporación Tecnológica SA, LM Wind Power Holding A/S, Nordex SE, Vestas Wind System A/S, ACCIONA SA, Aeroblade SA, Dewind Co., EUROS Entwicklungsgesellschaft für Windkraftanlagen GmbH, FlexSys Inc., Guodian United Power Technology Co., Inox Wind Ltd., KM Co. Ltd., PowerBlades GmbH, Siemens Wind Power A/S, SINOI GmbH, Sinomatech Wind Power Blade Co. Ltd., Sulzon Energy Ltd., Tecnologia e Sistemas Avancados Ltda, TPI Composites Inc., Wuxi Turbine Blade Co. Ltd., Zhonghang Hui Teng Windpower Equipment Co. Ltd.

Companies worldwide are keen on developing innovative products in the Wind Energy industry to optimize the level of output. Vendors in the market are investing in R&D to reduce the weight of the rotor blades. For instance, Siemens has manufactured a blade from glass fiber-reinforced epoxy resin and balsa wood using a patented integral blade process; this does not have seams, glued joints, or adhesives, which reduces the overall weight of the blade


Covered in this Report
The Global Wind Turbine Rotor Blade market can be categorized on the basis of diameter size into four segments: 37-60 meters, 61-75 meters, 76-90 meters, and over 90 meters.

Global Wind Turbine Rotor Blade Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Wind Turbine Rotor Blade market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, several factors drive the growth of the Global Wind Turbine Rotor Blade market. Government support for wind energy projects is one of the most important growth drivers. In comparison to the early stages of development of the Wind Energy industry in 1991, the amount of support offered by governments across countries in recent years has been enormous in terms of policies, incentives, and subsidies.

Further, the report states that offshore wind installation will require a high level of expertise and considerable financial support as the size of the turbine depends on the depth of the water. Moreover, offshore rotor blade installation will increase the installation time and cost for the vendors. Potential risk to the environment is another challenge faced by the Global Wind Turbine Rotor Blade market.